Canopy Growth Q4 net revenue up 7% YoY to $72.8M; adjusted EBITDA loss improves 63%

Canopy Growth Corp

2024-FY EPS reported -$8.79 revenue$297,146,000

Q4 net revenue $72.8M (+7% YoY); Storz & Bickel net revenue up 43% to $22.2M on Venty sales.
Canada medical cannabis net revenue up 16% YoY; Canada cannabis COGS down 54% in FY2024.
Adjusted EBITDA loss $15.1M in Q4 (improved 63% YoY); FY2024 adjusted EBITDA loss $58.9M (improved 72%).
No material debt due until March 2026 after recent balance sheet strengthening actions.
Canopy USA initiated acquisitions of Wana and Jetty; expected to close in H1 FY2025.

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