)
Visual
test
IM Cannabis
IM Cannabis (IMCC) investor relations material
IM Cannabis Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary13 Nov, 2025
Executive summary
Q3 2025 revenue remained stable at $13.9 million, matching Q3 2024 levels.
Gross profit declined 13% year-over-year to $2.7 million, with gross margin dropping to 20% from 23%.
Net loss increased to $3.9 million in Q3 2025, primarily due to a $3.1 million one-time goodwill and intangible asset impairment.
Management highlighted ongoing transition and strategic review, with regulatory uncertainty in Germany potentially impacting future sales.
Financial highlights
Revenue for the first nine months of 2025 was $39 million, down from $40.7 million in the same period of 2024.
Non-IFRS Adjusted EBITDA loss widened to $0.6 million in Q3 2025 from $0.2 million in Q3 2024.
Operating expenses rose 68% year-over-year to $6.9 million, mainly due to the impairment charge.
Cash and restricted cash increased to $2.3 million as of September 30, 2025, from $0.9 million at year-end 2024.
Outlook and guidance
Management is assessing new business activities to broaden growth avenues and support long-term value creation.
Regulatory changes in Germany are expected and may negatively affect market conditions, with the impact still uncertain.
Germany regulatory changes: mitigation plans?
IMC's plan to resolve going concern note?
Strategic review: new growth avenues details?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- SHAK
Revenue up 16.5%, net income $10.4M, and 23 new Shacks opened, with margin expansion. - DHC
Q1 2025 delivered 4.3% revenue growth, narrowed net loss, and strong SHOP segment gains. - DHCQ3 2025 revenue up, SHOP improved, but net loss rose on impairments and transitions.
- IKS
Q3 FY26 delivered 24% revenue growth, 40% EBITDA growth, and strong EPS with clean audit. - SHAKRevenue, net income, and margins rose, with 22 new locations and digital sales growth.
- DHCQ4 revenue up 5%, SHOP NOI up 56%, and a $7.2B portfolio supports debt reduction.
- DHCSHOP segment drives NOI growth, but net loss widens amid asset sales and cost pressures.
- DHCQ2 2024 delivered strong SHOP NOI growth and higher revenues despite a wider net loss.
- REDINGTON
Record Q3 revenue and profit, SSG leads growth, Arena losses narrow, cash flow improves. - KPIL
Strong revenue, profit, and order growth with margin expansion and lower debt.
Next IM Cannabis earnings date
Q4 202527 Mar, 2026
IM Cannabis
Next IM Cannabis earnings date
Q4 202527 Mar, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
IM Cannabis Corp is a multinational cannabis company engaged in the cultivation, production, and distribution of medical and recreational cannabis products. The company operates across several regions, including Israel, Germany, and Canada, offering a range of cannabis products such as dried flower, oils, and extracts. IM Cannabis focuses on providing high-quality, pharmaceutical-grade cannabis for medical patients as well as premium products for the recreational market. The company is headquartered in Tel Aviv, Israel, and its shares are listed on the NASDAQ.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage