Jushi Q4 revenue $76.8M (+16.6% YoY); FY revenue $284.3M record; net loss $139.9M in Q4

Jushi Holdings Inc.

2023-Q1 EPS reported -$0.06 revenue$69,873,000

Q4 2022 revenue $76.8M (+16.6% YoY, +5.5% sequentially); gross profit $22.0M (+11.4% YoY).
FY 2022 revenue $284.3M (+35.8% YoY), a record; gross profit $95.5M (+14.5% YoY).
Q4 net loss $139.9M; FY net loss $202.3M. Adjusted EBITDA Q4 $6.0M, FY $7.1M.
Ended 2022 with 35 operational dispensaries, opened 7 new stores during the year. Cash $27.1M.
Reduced inventory by $7.0M sequentially and $8.2M YoY.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Jushi Holdings Inc. reported the year ended December 31, 2022 results: revenue $284.3 million, net income $202.3 million loss.

Period: the year ended December 31, 2022
Revenue: $284.3 million
Net income: $202.3 million loss
Result: preliminary results

Exact text from the filing

FY 2022 Total revenue of $284.3 million, an increase of 35.8% year-over-year Gross profit of $95.5 million, an increase of 14.5% year-over-year Net loss of $202.3 million

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Jushi Holdings Inc. reported the fourth quarter ended December 31, 2022 results: revenue $76.8 million, net income $139.9 million loss.

Period: the fourth quarter ended December 31, 2022
Revenue: $76.8 million
Net income: $139.9 million loss
Result: preliminary results

Exact text from the filing

Q4 2022 Total revenue of $76.8 million, an increase of 16.6% year-over-year and 5.5% sequentially Gross profit of $22.0 million, an increase of 11.4% year-over-year Net loss of $139.9 million

View on SEC.gov

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Source: SEC EDGAR

accession 0001171843-23-002023

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