Thu, May 8, 10:11 AM (11 days ago)
**Green Thumb Industries Inc. (GTII) Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** $279.54 million, up 1% from Q1 2024. - **Gross Profit:** $143.28 million, down 1% from Q1 2024. - **Net Income:** $8.31 million, down 73% from Q1 2024. - **Cash Flow from Operations:** $74.22 million, down 12% from Q1 2024. - **Earnings per Share (EPS):** $0.04, down 69% from Q1 2024. **Profit Margins:** - **Gross Margin:** 51%, down from 53% in Q1 2024. - **Operating Margin:** 15%, down from 26% in Q1 2024. - **Net Margin:** 3%, down from 11% in Q1 2024. **Segment Performance:** - **Retail:** Revenue down 3% to $198.67 million, 71% of total revenue. - **Consumer Packaged Goods (CPG):** Revenue up 14% to $170.28 million, 29% of total revenue. **Trends and Uncertainties:** - **Positive Trends:** Legalization of adult-use sales in Ohio, growth in existing markets (e.g., New York), and new store openings. - **Negative Trends:** Price compression, increased competition, and regulatory uncertainties. - **Future Operations Impact:** The company plans to continue expanding its footprint, both organically and through acquisitions, while monitoring capital allocation and liquidity in the current economic environment. **Key Metrics:** - **Adjusted EBITDA:** $85.25 million, down from $90.55 million in Q1 2024. - **Capital Expenditures:** $30.57 million, up from $10.27 million in Q1 2024. - **Cash and Cash Equivalents:** $210.58 million, up from $171.69 million in Q1 2024. **Stock Performance (as of the filing date):** - **Ticker:** GTII - **Market Cap:** Approximately $3.8 billion (based on the share price and outstanding shares). **Forward-Looking Statements:** The company's future performance may be affected by various risks and uncertainties, including regulatory changes, competition, and economic conditions. Investors should consider these factors when evaluating the company's prospects. **Conclusion:** Green Thumb Industries Inc. reported mixed results for Q1 2025, with revenue growth offset by declines in profit margins and net income. The company continues to face challenges from price compression and regulatory uncertainties but remains focused on expansion and growth opportunities. Investors should monitor the company's progress in navigating these challenges and capitalizing on market opportunities.