earnings
confidence high
sentiment positive
materiality 0.55
MariMed Q1 revenue $39.5M (+4.2% YoY); net loss narrows to $3.8M; adj. EBITDA $3.6M
MARIMED INC.
- Revenue $39.5M, up 4.2% YoY from $37.9M.
- GAAP net loss $3.8M, improved from $5.5M loss in prior year.
- Non-GAAP net loss $3.2M, improved from $3.9M.
- Adjusted EBITDA $3.6M (9% margin) vs $2.5M (7% margin) YoY.
- Gross margin slightly declined: GAAP 39% (vs 40%), Non-GAAP 40% (vs 41%).