Tilray Reports Record Revenue, Moves to Net Cash Position

Okay, here’s a breakdown of the key financial information from the provided text, organized for clarity:

I. Overall Financial Performance (Key Metrics)

• Net Loss (November 30, 2025): ($44,931) – A significant net loss.
• Net Loss (November 30, 2024): ($85,342)
• Change in Net Loss (2025 vs. 2024): +$40,411 (A considerable improvement from the prior year)
• Net Loss (Six Months Ended November 30, 2025): ($45,253)
• Net Loss (Six Months Ended November 30, 2024): ($124,507)
• Change in Net Loss (2025 vs. 2024 – 6 months): +$79,254 (Another substantial improvement over the prior year)

II. Detailed Financial Statements (November 30, 2025)

• Adjusted Net Income (Loss): $1 (basic & diluted)
• Adjusted Net Income (Loss) per Share – Basic & Diluted: $0.02
  Note: This figure is retrospectively adjusted to reflect the 1:2 Reverse Stock Split (effective December 2, 2025).

III. Six Months Ended November 30, 2025

• Adjusted Net Income (Loss): $1.958 (basic & diluted)
• Adjusted Net Income (Loss) per Share – Basic & Diluted: $0.02
  Note: This figure is retrospectively adjusted to reflect the Reverse Stock Split.

IV. Cash Flow Information (Six Months Ended November 30, 2025)

• Adjusted Free Cash Flow: -$15,477 (representing a considerable improvement over the prior year’s negative cash flow)

V. Significant Changes & Adjustments

• Reverse Stock Split: The company’s stock price was reduced by 50% due to a 1:2 Reverse Stock Split, which impacted share numbers and per-share metrics. All figures presented after November 30, 2025, are adjusted for this split.
• Retrospective Adjustments: Earlier figures (primarily the numbers for 2024) were also adjusted to reflect the reverse stock split.

VI. Other Key Information

• Litigation Costs: $869 (net of recoveries).
• Transaction Costs (Income): $569 (representing income related to transactions)

Important Note: The information is dominated by a drastic reduction in net loss over the two periods, primarily driven by the adjustments for the Reverse Stock Split, the improvements in overall profitability, and some significant cash flow changes.