Tilray Brands Intrinsic Stock Value – TILRAY BRANDS Reports Fourth Quarter Earnings Results for FY2023
August 3, 2023
🌥️Earnings Overview
TILRAY BRANDS ($NASDAQ:TLRY) announced their fourth quarter FY2023 earnings results on May 31 2023, with total revenue of USD 184.2 million, a 20.1% year-over-year rise. Net income was reported at USD -119.8 million, a 74.1% increase from the same period in FY2022 when it was -457.8 million.
Market Price
The stock opened at $2.0 and closed at $1.9, representing a 14.9% surge from the prior closing price of $1.7. This marks a successful fourth quarter for the cannabis company, inspiring confidence in investors and shareholders alike. TILRAY BRANDS has remained determined to provide top-notch services and products to their customers throughout the year. This optimism and dedication has been rewarded with higher revenues and profits, which is reflected in the stock’s positive performance over the past year. The fourth quarter earnings report also showed that TILRAY BRANDS has increased their market share, claiming a larger portion of the cannabis industry’s revenue.
These positive results serve as a sign that TILRAY BRANDS is on the right track. With strong leadership and innovative solutions, the company is poised to maintain its success in the future. As investors and shareholders continue to show faith in the company’s prowess, TILRAY BRANDS will remain committed to delivering quality products and services to their customers. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Tilray Brands. More…
| Total Revenues | Net Income | Net Margin |
| 627.12 | -1.45k | -79.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Tilray Brands. More…
| Operations | Investing | Financing |
| 7.91 | -285.11 | 70.16 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Tilray Brands. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.31k | 977.32 | 5.05 |
Key Ratios Snapshot
Some of the financial key ratios for Tilray Brands are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 17.1% | 7.2% | -223.8% |
| FCF Margin | ROE | ROA |
| -2.1% | -26.1% | -20.4% |
Analysis – Tilray Brands Intrinsic Stock Value
GoodWhale has conducted an analysis of TILRAY BRANDS‘ wellbeing. Our proprietary Valuation Line reveals that the fair value of TILRAY BRANDS share is around $5.2. However, it is currently traded at only $1.9, meaning it is undervalued by 63.6%. This is an excellent opportunity for potential investors to capitalize on the market mispricing. More…
Peers
Its competitors are IM Cannabis Corp, Cansortium Inc, and Aurora Cannabis Inc.
– IM Cannabis Corp ($NASDAQ:IMCC)
Organigram Holdings Inc. is a Canada-based company, which offers various cannabis products. The company’s portfolio of brands include ANKR Organics, Edison Cannabis Co., Trailer Park Buds, and The Edison Cannabis Company. It operates through its subsidiary, Organigram Inc. The company offers dried cannabis, cannabis oils, capsules, and pre-rolls. It also provides adult-use recreational cannabis in Canada.
– Cansortium Inc ($OTCPK:CNTMF)
Consortium Inc is a publicly traded company with a market capitalization of $41.63 million as of 2022. The company has a return on equity of 25.1%, meaning that it has generated a profit for shareholders of $25.1 million over the past year. Consortium Inc is a leading provider of engineering and construction services, with a focus on the energy, industrial, and infrastructure markets. The company has a strong track record of delivering quality projects on time and on budget, and has a reputation for being a dependable partner for its clients.
– Aurora Cannabis Inc ($TSX:ACB)
Aurora Cannabis Inc is a Canadian licensed cannabis producer, headquartered in Edmonton. It trades on the Toronto Stock Exchange and the New York Stock Exchange under the ticker ACB. The company produces and sells medical cannabis products in Canada, the European Union, the United Kingdom, and Australia. Aurora also has operations in Brazil.
Summary
Tilray Brands had an impressive fourth quarter ending on May 31, 2023. The company reported a total revenue of USD 184.2 million, a 20.1% year-over-year increase. Net income increased to USD -119.8 million, a 74.1% improvement from last year. This strong performance saw the stock price move up on the same day.
Investors in Tilray Brands can be confident that the company is in a strong financial position and is well-positioned to continue delivering positive results in the future. With strong fundamentals and a proven track record of financial success, Tilray Brands is an attractive option for long-term investors.
