Cronos Q1 net revenue $32.3M (+28% YoY), net income $7.7M; authorizes $50M buyback

Cronos Group Inc.

2025-Q1 EPS reported $0.02 revenue$32,262,000

Net revenue $32.3M (+28% YoY); net income $7.7M vs loss of $2.5M in Q1 2024.
Adjusted EBITDA $2.3M vs -$10.7M; adjusted gross margin 44% vs 18%.
Board authorized $50M share repurchase program; opens May 14, 2025, up to 19.3M shares.
PEACE NATURALS #1 cannabis brand in Israel; Spinach #2 brand in Canada with 4.6% share.
Cronos GrowCo cultivation expansion on track for Q2 completion; first sales H2 2025.

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