secwatch.observer — SEC 8-K summary
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Issuer:     Gold Flora Corp. (—)
CIK:        0001876945
Form:       8-K
Filed at:   2024-04-05T23:59:59+00:00
Accession:  0001876945-24-000034
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gold Flora reports Q4 2023 revenue $28.4M, full year $91.0M; net loss $42.7M; positive Q4 adjusted EBITDA $0.11M
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- Revenue $28.4M in Q4 2023 and $91.0M for full year 2023.
- Q4 2023 gross profit $13.2M (46% margin); adjusted gross profit $18.7M (66% adjusted margin).
- Net loss $42.2M in Q4 and $42.7M for full year; adjusted EBITDA of $0.11M in Q4, negative $1.4M for full year.
- Completed business combination integration achieving $30M annualized cost savings; closed unprofitable delivery depots and sold one retail license.
- Launched brand Gramlin in March 2024; reactivated cultivation at Caliva and Airfield, expanding active canopy to ~107,000 sq ft.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1876945/000187694524000034/0001876945-24-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1876945/000187694524000034/gram-20240405.htm
  HTML page:      https://secwatch.observer/filing/0001876945-24-000034

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