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HomeBusinessCWEB Business News Tilray Brands Reports Strong Fiscal Year 2025 Results Amid...

CWEB Business News Tilray Brands Reports Strong Fiscal Year 2025 Results Amid Global Expansion and Strategic Growth

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Tilray Brands, Inc. (NASDAQ: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, has announced its financial results for fiscal year 2025, showcasing significant revenue growth and strategic advancements. The company reported net revenue of $821 million, with constant currency revenue reaching $834 million, reflecting resilience despite a $13 million impact from strategic SKU rationalization in the fourth quarter.

One of the standout achievements was the remarkable surge in international cannabis revenue, which grew by 71% in Q4 and 19% for the full fiscal year. European cannabis sales, excluding Australia, skyrocketed by 112%, underscoring Tilray’s expanding global footprint. The company also strengthened its position in the U.S. beverage market by acquiring four craft beer brands from Molson Coors and launching Project 420, an initiative to consolidate its craft beer operations. Additionally, Tilray made waves in the hemp-derived THC beverage sector, distributing its Delta-9 THC drinks across 1,300 locations in 13 states.

The beverage segment saw a 19% revenue increase to $241 million, while the wellness division grew by 9% to $60 million. Despite a net loss of $30.9 million in Q4, attributed to operational adjustments, Tilray remains financially robust with $256 million in cash and marketable securities and $100 million in debt repayments over the past year. The company is also harnessing AI to optimize its greenhouse operations and enhance efficiency.

Looking ahead to fiscal year 2026, Tilray anticipates adjusted EBITDA to land between $62 million and $72 million, with a continued focus on global supply chain expansion and cultivation capabilities. CEO Irwin Simon emphasized the company’s commitment to innovation and market leadership, positioning Tilray for sustained growth in the evolving cannabis and beverage industries.

 

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