Aurora Cannabis (TSE:ACB) Full Year 2024 Results
Key Financial Results
- Revenue: CA$270.3m (up 21% from FY 2023).
- Net loss: CA$55.3m (loss narrowed by 93% from FY 2023).
- CA$1.28 loss per share (improved from CA$26.06 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Aurora Cannabis EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%.
The primary driver behind last 12 months revenue was the Cannabis segment contributing a total revenue of CA$225.5m (83% of total revenue). Notably, cost of sales worth CA$138.8m amounted to 51% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CA$104.9m (56% of total expenses). Explore how ACB’s revenue and expenses shape its…
