Greenway FY26 net loss widens to $2.6 million; revenue falls to $7.4 million
Reuters2026/07/29 21:30- Greenway Greenhouse Cannabis posted IFRS net revenue of $7.4 million for the year ended March 31, 2026, down from $8.9 million.
- IFRS net loss widened to $2.6 million from $2.1 million, driven by a one-time, non-cash inventory impairment of about $1.1 million.
- Gross margin before inventory impairment and IFRS fair value adjustments rose 11 percentage points to 29%.
- Non-IFRS adjusted EBITDA was $1.1 million, marking a second straight year of positive results; average net selling price climbed 21% to $1.6 per gram.
- Internationally bound flower sales expanded to about 50% of total flower sales in the fourth quarter as the company shifted toward higher-value markets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Colgate-Palmolive (CL.US) plans to sell part of its personal care brands, with a total transaction amount possibly exceeding 1.1 billions USD.
According to sources familiar with the matter, Colgate is exploring the sale of some of its mass-market personal care brands. The company currently plans to divest only a few brands within its personal care business, and the combined sale price may exceed 1 billion dollars.
EdiliziAcrobatica announces shareholder meeting notice
Storage Giant Offers Huge Bonuses Again: Micron Awards Up to 68 Months’ Bonus
Micron Technology has announced record-breaking bonuses for its employees in Taiwan, ranging from 35 to 68 months’ salary, with a minimum cash compensation of 1.7 million New Taiwan dollars. However, the Taoyuan union, representing about two-thirds of Micron’s workers in Taiwan, has refused to accept the offer, insisting that 15% of operating profits be included in the bonus distribution and maintaining the threat of a strike.
Crypto prices
More
