secwatch.observer — SEC 8-K summary
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Issuer:     Tilray Brands, Inc. (TLRY)
CIK:        0001731348
Form:       8-K
Filed at:   2024-07-29T23:59:59+00:00
Accession:  0001171843-24-004218
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1731348/000117184324004218/0001171843-24-004218-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1731348/000117184324004218/f8k_072924.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-004218

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