SNDL : Q4 Highlights

Published: 2025-03-18 07:06:05 ET SNDL

Q4 2 0 2 4

Q4 HIGHLIGHTS

4th QUARTER RESULTS

Net Revenue

$257.7M

+4%

YOY

Gross Profit

$68.8M

+20%

YOY

Gross Margin

26.7%

+3.6pp

Adj. Operating

($60.5M)

(123)%

Income

YOY

Free Cash Flow

$11.6M

+700%

YOY

CANNABIS RETAIL

Net Revenue

$83.2M

+11%

YOY

Gross Profit

$20.5M

+2%

YOY

Gross Margin

24.6%

(2.0)pp

Adj. Operating

$6.0M

+800%

Income

YOY

LIQUOR RETAIL

Net Revenue

$154.1M

(3)%

YOY

Gross Profit

$38.2M

(0.4)%

YOY

Gross Margin

24.8%

+0.7pp

Adj. Operating

$12.3M

+22%

Income

YOY

CANNABIS OPERATIONS

Net Revenue

$37.1M

+42%

YOY

Gross Profit

$10.1M

+1000%

YOY

Gross Margin

27.2%

+31.4pp

Adj. Operating

$4.4M

+157%

Income

YOY

F Y 2 0 2 4

FY HIGHLIGHTS

FULL YEAR RESULTS

Net Revenue

$920M

+1%

YOY

Gross Profit

$240M

+26%

YOY

Gross Margin

26.1%

+5.2pp

Adj. Operating

($86M)

+12%

Income

YOY

Free Cash Flow

$8.9M

+115%

YOY

CANNABIS RETAIL

Net Revenue

$311.7M

+8%

YOY

Gross Profit

$78.8M

+7%

YOY

Gross Margin

25.3%

(0.1)pp

Adj. Operating

$13.3M +174%

Income

YOY

LIQUOR RETAIL

Net Revenue

$555.3M

(4)%

YOY

Gross Profit

$139.7M

+2%

YOY

Gross Margin

25.2%

+1.4pp

Adj. Operating

$34.8M

+41%

Income

YOY

CANNABIS OPERATIONS

Net Revenue

$109.5M

+26%

YOY

Gross Profit

$21.8M

+206%

YOY

Gross Margin

19.9%

+43.5pp

Adj. Operating

$3.1M

+106%

Income

YOY

Disclaimer

SNDL Inc. published this content on March 18, 2025, and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on March 18, 2025 at 11:05:07.470.