secwatch.observer — SEC 8-K summary
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Issuer:     Ascend Wellness Holdings, Inc. (AAWH)
CIK:        0001756390
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0001628280-22-029504
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ascend Wellness Q3 net revenue $111.2M (+14% QoQ); adjusted EBITDA $27.8M, 25% margin, +354bps
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- Net revenue $111.2M, up 14.1% QoQ and 17.9% YoY; gross revenue $134.3M.
- Net loss narrowed to $16.9M from $21.2M in Q2 2022.
- Adjusted EBITDA $27.8M (25.0% margin), expanding 354 bps sequentially.
- Cash and equivalents $91.4M; net debt $219.0M as of Sept 30, 2022.
- Started adult-use sales at Montclair, NJ; opened Fort Lee dispensary and Franklin kitchen for edibles.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1756390/000162828022029504/0001628280-22-029504-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1756390/000162828022029504/aawh-20221110.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-029504

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer