Green Thumb Q4 revenue $294M (+6% YoY), net income $13M, adj. EBITDA $98M (33% margin)

Green Thumb Industries Inc.

2024-FY EPS reported $0.30 revenue$1,137,141,000

Q4 revenue $294M, up 6% YoY; GAAP net income $13M ($0.05 basic EPS); adjusted EBITDA $98M (33.2% margin).
Full year 2024 revenue $1.1B (+8% YoY); net income $73M ($0.31 basic EPS); adjusted EBITDA $371M (32.7% margin, +14% YoY).
Cash $172M; repurchased 3.9M shares for $43M in 2024; 101 RISE Dispensaries open nationwide.
Comparable store sales declined 2.6% on 84 stores; retail revenue +0.5% YoY; CPG gross revenue +19.9% YoY.
Gross margin improved to 53.7% (Q4) from 51.3% prior year; SG&A increased to 34.3% of revenue from 33.2%.

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