secwatch.observer — SEC 8-K summary
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Issuer:     iANTHUS CAPITAL HOLDINGS, INC. (ITHUF)
CIK:        0001643154
Form:       8-K
Filed at:   2024-05-14T23:59:59+00:00
Accession:  0000950170-24-059150
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iAnthus Q1 2024 revenue $41.6M (+13% YoY); net loss narrows to $14.0M
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- Revenue of $41.6M, up 13.1% YoY and 1.7% sequentially; gross margin 41.4%.
- Gross profit $17.2M, +10.9% YoY; gross margin up 244 bps from Q4 2023.
- Net loss $14.0M ($0.00/share) improved from $18.6M loss in Q1 2023.
- Adjusted EBITDA $3.2M vs $0.9M in Q1 2023, a 255% increase.
- Sequential adjusted EBITDA growth from $2.8M in Q4 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1643154/000095017024059150/0000950170-24-059150-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1643154/000095017024059150/ithuf-20240514.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-059150

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer