earnings
confidence high
sentiment positive
materiality 0.65
Ascend Wellness Q4 net revenue $112.1M (+26.7% YoY); Adjusted EBITDA $28.2M
Ascend Wellness Holdings, Inc.
- Q4 2022 net revenue $112.1M, up 26.7% YoY; full year net revenue $405.9M, up 22.1% YoY.
- Q4 2022 net loss $15.1M vs $16.9M in Q3 2022; full year net loss $80.9M vs $122.7M in FY 2021.
- Q4 2022 Adjusted EBITDA $28.2M (margin 25.1%), up 42.7% year-over-year.
- Cash and equivalents $74.1M at Dec 31, 2022.