earnings
confidence high
sentiment neutral
materiality 0.60
Jushi Holdings reports FY 2024 net loss $48.8M, improved from $65.1M; EBITDA $46.2M
Jushi Holdings Inc.
- Q4 2024 revenue $65.9M, gross profit margin 38.6%, net loss $12.5M.
- Full-year 2024 revenue $257.5M, gross margin 45.9%, net loss $48.8M vs. $65.1M in 2023.
- FY 2024 adjusted EBITDA $46.2M (17.9% margin), up from $40.8M; operating cash flow $21.6M.
- Cash and equivalents $21.3M at quarter end; net cash from operations $7.2M in Q4.
- Five new dispensaries opened since Q3 2024; three more planned by summer 2025.