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TILT (TILT) investor relations material
TILT Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Transitioned to an asset-light model, focusing on Jupiter vaporization hardware and exiting plant-touching operations in Massachusetts and Ohio.
Achieved regulatory approval for dispensary sale in Massachusetts and signed a management agreement for Pennsylvania operations.
Launched new Jupiter SKUs and received EU MDR certification for the QMID handheld vaporizer, enabling global medical market expansion.
Financial highlights
Revenue from continuing operations was $10.5M, down from $19.0M year-over-year, reflecting the shift to a commission-based model and macroeconomic pressures.
Gross profit was $1.8M with a gross margin of 17.4%, compared to $3.6M and 18.9% in the prior year.
Net loss from continuing operations improved to $9.2M from $16.6M year-over-year, mainly due to lower tax and operating expenses.
Adjusted EBITDA was $(2.0)M, down from $(1.2)M in Q2 2024, due to lower gross profit.
Cash flow from continuing operations was $4.4M, compared to $2.1M used in the prior year period.
Outlook and guidance
Strategic alternatives for Ohio and Massachusetts assets are ongoing, with full exit expected to simplify operations and improve capital efficiency.
Focus remains on expanding Jupiter's global vaporization hardware platform and leveraging new product certifications.
- TimeTickerHeadlineOpen
- TMCV
Q2 FY26 delivered double-digit margin growth, record cash flow, and strong market momentum. - DANSKE
Record profit, strong credit quality, and 100% payout; 2026 outlook remains positive. - GREENPLY
Q3 FY26 delivered strong revenue growth but lower profit, with major MDF expansion announced. - KRO
Q1 2025 net income surged to $18.1M on higher TiO2 sales, improved margins, and LPC integration. - WALL
Profit after tax more than tripled to SEK 2,564 million, with net asset value per share up 8%. - TMCV
Q3 FY26 delivered 17% revenue growth, 12.7% EBITDA margin, and strong cash flow. - SHL
Imaging and therapy growth drove 3.8% Q1 revenue; 2026 outlook and EPS guidance confirmed. - SAAB
Record order backlog and double-digit growth across all segments fueled strong 2025 results. - KRO
Q3 2025 net loss of $37M reflects lower TiO2 prices, weak demand, and higher costs. - YATHARTH
Strong revenue and profit growth, major capital deployment, and new hospital acquisition mark the quarter.
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