secwatch.observer — SEC 8-K summary
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Issuer:     Tilray Brands, Inc. (TLRY)
CIK:        0001731348
Form:       8-K
Filed at:   2023-07-26T23:59:59+00:00
Accession:  0001171843-23-004651
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tilray Q4 revenue $184M (+20% YoY); adjusted EBITDA +93% to $22M; FY2024 guidance $68-78M
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- Record Q4 net revenue $184M, up 20% YoY; FY2023 net revenue $627M (flat YoY, constant-currency +6%).
- Cannabis Q4 revenue $64M (+21% YoY); adjusted gross margin 61% vs 53%; Canadian market share 13% post-HEXO.
- Beverage-alcohol Q4 revenue $32.4M (+43% YoY); distribution Q4 revenue $73M (+19% YoY).
- Adjusted EBITDA Q4 $22M (+93% YoY), FY2023 $61M (+28%); Q4 operating cash flow $44M vs -$21M a year ago.
- FY2024 guidance: adjusted EBITDA target $68-78M (11-27% growth) and positive adjusted free cash flow expected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1731348/000117184323004651/0001171843-23-004651-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1731348/000117184323004651/f8k_072623.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-004651

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