secwatch.observer — SEC 8-K summary
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Issuer:     Ascend Wellness Holdings, Inc. (AAWH)
CIK:        0001756390
Form:       8-K
Filed at:   2022-08-15T23:59:59+00:00
Accession:  0001628280-22-022901
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Q2 net revenue $97.5M (+14.6% QoQ), Adj. EBITDA margin 21.4%, FY2022 guidance reiterated
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- Net revenue $97.5M, up 14.6% QoQ and 17.0% YoY; gross revenue $117.7M.
- Net loss improved to $21.2M from $27.8M in Q1; Adj. EBITDA $20.9M (21.4% margin).
- Cash and cash equivalents $140.6M; net debt $152.7M as of June 30, 2022.
- Started adult-use sales at Rochelle Park, NJ; added 4,000 sq ft canopy in NJ.
- FY2022 guidance: revenue $400-420M, Adj. EBITDA $75-85M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1756390/000162828022022901/0001628280-22-022901-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1756390/000162828022022901/aawh-20220815.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-022901

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