Jushi Q1 revenue up 4% to $66.4M; gross margin expands 460 bps to 45.0%

Jushi Holdings Inc.

• Gross profit $29.9M (45.0% margin) vs 40.4% a year ago; net loss $19.8M.
• Adjusted EBITDA $11.4M (17.2% margin); operating cash flow $8.6M.
• Cash, cash equivalents & restricted cash $42.3M at quarter end.
• Completed strategic refinancing to strengthen liquidity and support long-term growth.
• Wholesale growth and retail expansion drove the 4% YoY revenue increase.

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