earnings
confidence high
sentiment positive
materiality 0.80
Green Thumb Q3 revenue up 49% YoY to $234M; GAAP net income $20.2M
Green Thumb Industries Inc.
2021-Q3 EPS reported
$0.23
revenue$649,979,277
- Revenue $233.7M (+48.7% YoY); GAAP net income $20.2M ($0.08 diluted EPS).
- Adjusted Operating EBITDA $81.2M, 34.7% of revenue, up 52.6% YoY.
- Cash $285.8M; debt $206.5M; raised $33.2M at 7% post-quarter.
- Expanded into VA, RI, MA via acquisitions; 65 retail stores across 13 states.
- Comparable sales growth 14% on 48-store base; positive cash from ops 7th consecutive quarter.