Trulieve Q1 2023 revenue $289M, net loss $64M, adjusted EBITDA $78M

Trulieve Cannabis Corp.

2023-Q1 EPS reported -$0.34 revenue$289,089,000

Revenue of $289M (95% retail); GAAP gross margin 52%, gross profit $150M.
SG&A reduced $24M sequentially to $102M; cost savings initiatives cited.
Net loss $64M; adjusted net loss $21M excluding non-recurring items and impairments.
Adjusted EBITDA $78M (27% of revenue); cash $195M at quarter end.
184 dispensaries (+14% YoY); launched adult-use in Bristol, CT; first US cannabis co. to advertise on Twitter.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Trulieve Cannabis Corp. reported first quarter ended March 31, 2023 results: revenue $289 million, net income net loss of $64 million.

Period: first quarter ended March 31, 2023
Revenue: $289 million
Net income: net loss of $64 million
Result: reported results

Exact text from the filing

Revenue of $289 million, with 95% of revenue from retail sales.

View on SEC.gov

13 earnings releases filed in the last 30 days. Browse all earnings releases →

Trulieve Cannabis Corp. filing history →

Source: SEC EDGAR

accession 0001193125-23-139934

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.