earnings
confidence high
sentiment neutral
materiality 0.80
Trulieve Q2 revenue $271M, adjusted EPS $0.11; net loss $2.10/sh on Harvest deconsolidation
Trulieve Cannabis Corp.
- Revenue $271M (94% retail), 60% gross margin, GAAP gross profit $162M.
- Net loss $406M ($2.10/sh) includes $407M Harvest deconsolidation; adjusted net income $20M ($0.11/sh).
- Adjusted EBITDA $98M (36% revenue); Q2 operating cash flow $53M, FCF $32M; H1 FCF $74M.
- Cash $325M; announced $50M share repurchase; NYSE listing under TRLV.
- Filed DEA Schedule III registration; opened 4 FL dispensaries; began GA pharmacy shipments.