Tilray FY2024 revenue up 26% to $789M, debt cut $291M, adjusted EBITDA $60.5M

Tilray Brands, Inc.

2024-FY EPS reported -$0.33 revenue$788,942,000

Net revenue $788.9M (+26% YoY); Q4 revenue $229.9M (+25%).
Adjusted EBITDA increased 37% in Q4 to $29.5M; FY2024 adjusted EBITDA $60.5M.
Reduced net convertible debt by $291M in FY2024; cash & securities $260.5M.
Cannabis net revenue $272.8M (+24%); beverage-alcohol net revenue $202.1M (+113%).
Net loss narrowed to $222.4M from $1.4B; adjusted net income $6.2M vs $0.4M.

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