secwatch.observer — SEC 8-K summary
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Issuer:     Ascend Wellness Holdings, Inc. (AAWH)
CIK:        0001756390
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001628280-23-028251
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ascend Wellness Q2 net revenue $123M (+26% YoY), net income $0.8M vs loss year ago
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- Net revenue of $123.0M, up 26.1% YoY and 7.7% QoQ; gross revenue $151.0M, up 28.4% YoY.
- Net income of $0.8M vs net loss of $21.2M in Q2 2022; positive GAAP profitability.
- Adjusted EBITDA $21.3M (17.3% margin); cash flows from operations $25.4M, second consecutive positive quarter.
- Retail revenue $89.9M (+18.9% YoY); wholesale revenue net of intercompany $33.1M (+51% YoY).
- Cash and equivalents $68.0M; net debt $241.8M as of June 30, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1756390/000162828023028251/0001628280-23-028251-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1756390/000162828023028251/aawh-20230808.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-028251

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