---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-012342"
form_type: "8-K"
ticker: "AAWH"
cik: "0001756390"
company_name: "Ascend Wellness Holdings, Inc."
filed_at: "2025-03-12T23:59:59+00:00"
generated_at: "2026-05-24T22:38:43.085293+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Ascend Wellness Q4 2024 Adj. EBITDA $30.2M; FY revenue $562M (+8% YoY)

## Summary
- FY2024 net revenue $562M (+8% YoY); Adj. EBITDA $116M (+9% YoY).
- Q4 2024 Adj. EBITDA $30.2M; Adj. Gross Margin 41.9% (ahead of expectations).
- Generated $30.1M Free Cash Flow in Q4; ended quarter with $88M cash.
- Ten stores in development (OH, PA, IL, NJ) as part of densification strategy.
- Launched Effin' brand; achieved top edible spot in Ascend stores.

## SEC filing metadata
- accession: 0001628280-25-012342
- form_type: 8-K
- ticker: AAWH
- cik: 0001756390
- company_name: Ascend Wellness Holdings, Inc.
- filed_at: 2025-03-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1756390/000162828025012342/0001628280-25-012342-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1756390/000162828025012342/aawh-20250312.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-012342
- JSON: https://secwatch.observer/filing/0001628280-25-012342.json
- Plain text: https://secwatch.observer/filing/0001628280-25-012342.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.