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Tilray Inc Stock Research

TLRY

2.58USD+0.22(+9.32%)Market Closed

Market Summary

USD2.58+0.22
Market Closed
9.32%

TLRY Stock Price

TLRY RSI Chart

TLRY Valuation

Market Cap

1.6B

Price/Earnings (Trailing)

-2.74

Price/Sales (Trailing)

2.63

EV/EBITDA

-3.21

Price/Free Cashflow

-18.84

TLRY Price/Sales (Trailing)

TLRY Profitability

EBT Margin

-90.10%

Return on Equity

-12.93%

Return on Assets

-10.56%

Free Cashflow Yield

-5.31%

TLRY Fundamentals

TLRY Revenue

Revenue (TTM)

602.5M

Revenue Y/Y

-7.1%

Revenue Q/Q

-5.92%

TLRY Earnings

Earnings (TTM)

-577.9M

Earnings Y/Y

-34.5K%

Earnings Q/Q

5.47%

Price Action

52 Week Range

2.289.08
(Low)(High)

Last 7 days

-8.9%

Last 30 days

-17.8%

Last 90 days

-26.7%

Trailing 12 Months

-52.8%

TLRY Financial Health

Current Ratio

1.91

Debt/Equity

0.04

Debt/Cashflow

-0.95

TLRY Investor Care

Shares Dilution (1Y)

19.40%

Diluted EPS (TTM)

-1.05

Peers (Alternatives to Tilray)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
404.8B
94.9B
-5.16% -10.64%
22.56
4.26
1.25% -14.07%
296.8B
28.5B
-5.67% 20.74%
47.53
10.4
0.79% 11.88%
272.8B
59.3B
-1.75% 40.02%
17.88
4.63
21.72% 11.27%
226.4B
100.3B
-8.43% -20.95%
7.22
2.26
23.43% 42.74%
142.7B
46.2B
-7.78% -1.12%
22.55
3.09
-0.49% -9.54%
MID-CAP
4.8B
4.5B
-0.20% -5.41%
-34.17
1.08
7.56% -104.06%
3.3B
2.2M
105.10% 171.03%
-10.52
1.5K
-80.71% -4.88%
SMALL-CAP
1.9B
667.2M
-9.96% 17.66%
31.57
2.87
15.09% 13.64%
1.6B
602.5M
-17.77% -52.80%
-2.74
2.63
18.18% -18.59%
991.7M
478.9M
-11.35% -65.42%
-0.32
2.07
-31.50% -634.70%
792.9M
285.2M
-7.22% -37.95%
3.6
2.78
-27.21% -40.28%
768.8M
114.5M
-15.28% -37.42%
-4.56
6.72
27.90% 57.40%
541.5M
29.8M
-40.95% -47.43%
-6.23
18.2
340.05% 4.35%
400.7M
51.5M
-2.49% -0.39%
-5.64
7.78
18.32% -984.05%
94.1M
2.3B
-43.99% -88.43%
-0.03
0.04
-22.53% -376.66%

Financials for Tilray

Income Statement (Last 12 Months)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-1.8%602,543,000613,560,000628,372,000617,283,000509,866,400
Gross Profit6.4%121,834,000114,476,000116,817,000146,048,000120,142,400
Operating Expenses0.5%681,988,000678,368,000727,218,000364,395,000359,310,000
  S&GA Expenses1.2%37,624,00037,165,00034,926,00033,808,00032,848,800
  R&D Expenses-38.9%549,000899,0001,518,0001,822,0002,389,600
EBITDA-20.4%-434,078,000-360,604,000-285,803,000--
EBITDA Margin-22.6%-0.72-0.59-0.45--
Earnings Before Taxes-15.7%-542,889,000-469,415,000-440,674,00059,286,000-467,923,200
EBT Margin-17.8%-0.90-0.77-0.70--
Net Income-13.6%-577,896,000-508,634,000-476,801,00048,544,000-487,296,000
Net Income Margin-15.7%-0.96-0.83-0.76--
Free Cahsflow35.6%-83,974,000-130,304,000-177,262,000--
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12022Q1
Assets-2.1%5,4745,5925,4505,4505,819
  Current Assets-10.6%815911804804696
    Cash Equivalents-61.2%190491416416279
  Inventory-1.5%241245246246273
  Net PPE-587----
  Goodwill0.1%2,6212,6182,6412,6412,835
Liabilities-3.7%9911,0291,0081,0081,158
  Current Liabilities56.1%427273280280282
.    Short Term Borrowings-16.3%15.0018.0018.0018.0017.00
  Long Term Debt-3.0%186191---
    LT Debt, Current-5.5%64.0068.0070.00--
    LT Debt, Non Current-2.7%118121---
Shareholder's Equity-2.0%4,4704,5634,4414,3994,627
  Retained Earnings-6.7%-1,105-1,036-962-962-484
  Additional Paid-In Capital1.0%5,6975,6415,3825,3825,111
Accumulated Depreciation13.7%167147---
Shares Outstanding2.0%613601533533481
Minority Interest-66.0%13.0038.0043.0043.0034.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations35.6%-83.97-130-177-148-91.53
  Share Based Compensation-6.5%38.0041.0036.0033.0027.00
Cashflow From Investing-1829.9%-278-14.45-21.53333260
Cashflow From Financing-14.3%223260128-96.49180

Risks for TLRY

What is the probability of a big loss on TLRY?

94.3%


Probability that Tilray stock will be more than 20% underwater in next one year

93.9%


Probability that Tilray stock will be more than 30% underwater in next one year.

91.5%


Probability that Tilray stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does TLRY drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Tilray was unfortunately bought at previous high price.

Drawdowns

Returns for TLRY

Cumulative Returns on TLRY

-16.3%


3-Year Cumulative Returns

Which funds bought or sold TLRY recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
new
-
73,705
73,705
-%
2023-03-15
B. Riley Wealth Advisors, Inc.
added
12.4
7,135
88,135
-%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-59.74
-262,011
169,989
-%
2023-03-06
Rockefeller Capital Management L.P.
added
2.92
-
57,000
-%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
unchanged
-
-200
14,800
0.01%
2023-03-01
Regal Investment Advisors LLC
sold off
-100
-45,000
-
-%
2023-02-27
Parallax Volatility Advisers, L.P.
reduced
-4.29
-45,023
654,977
-%
2023-02-24
NATIXIS
new
-
6,725
6,725
-%
2023-02-24
SRS Capital Advisors, Inc.
reduced
-92.73
-1,844
156
-%
2023-02-24
Garde Capital, Inc.
unchanged
-
-4,000
187,000
0.02%

1–10 of 42

Latest Funds Activity

Are funds buying TLRY calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own TLRY
No. of Funds

Tilray News

Seeking Alpha

CGC stock, ACB and OGI stocks hit 52-week lows.

Seeking Alpha,
2 hours ago

The Dales Report

InvestorsObserver

Is Tilray Inc (TLRY) Stock a Smart Value?.

InvestorsObserver,
4 days ago

StockNews.com

InvestorPlace

Schedule 13G FIlings of Tilray

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
hudson bay capital management lp
2.23%
14,006,029
SC 13G/A
May 25, 2021
kennedy brendan
2.9%
12,837,819
SC 13D/A
Feb 16, 2021
cvi investments, inc.
-
7,012,907
SC 13G/A
Feb 16, 2021
etf managers group, llc
4.08%
5,446,196
SC 13G/A
Feb 16, 2021
groh christian
229%
3,930,804
SC 13D/A
Feb 16, 2021
blue michael g.
906%
4,598,454
SC 13D/A
Feb 16, 2021
kennedy brendan
7.9%
12,782,843
SC 13D/A
Dec 07, 2020
etf managers group, llc
5.01%
6,690,462
SC 13G/A
Nov 16, 2020
etf managers group, llc
4.71%
6,282,498
SC 13G/A
Oct 16, 2020
kennedy brendan
10.1%
13,706,097
SC 13D/A

TLRY Fair Value

Tilray fair value in different scenarios

The table shows the Fair Value estimates for Tilray for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

1.93

-25.19%

2.06

-20.16%

2.43

-5.81%

3.11

20.54%

4.49

74.03%
Current Inflation

1.92

-25.58%

2.04

-20.93%

2.37

-8.14%

2.95

14.34%

4.14

60.47%
Very High Inflation

1.91

-25.97%

2.01

-22.09%

2.28

-11.63%

2.76

6.98%

3.73

44.57%

Historical Tilray Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Tilray

View All Filings
Date Filed Form Type Document
Mar 16, 2023
8-K
Current Report
Mar 07, 2023
8-K
Current Report
Feb 23, 2023
DEFA14A
DEFA14A
Feb 22, 2023
DEFA14A
DEFA14A
Feb 21, 2023
424B7
Prospectus Filed
Feb 21, 2023
8-K
Current Report
Feb 21, 2023
DEFA14A
DEFA14A
Feb 15, 2023
8-K
Current Report
Feb 13, 2023
SC 13G/A
Major Ownership Report
Feb 10, 2023
SC 13G
Major Ownership Report

Latest Insider Trading transactions for TLRY

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-07
Kennedy Brendan
sold
-1,322,760
3.7793
-350,000
-
2022-10-05
Kennedy Brendan
sold
-1,018,400
2.9097
-350,000
-
2022-09-06
Kennedy Brendan
sold
-1,128,020
3.2229
-350,000
-
2022-08-17
Merton Carl A
acquired
-
-
20,750
chief financial officer
2022-08-17
Merton Carl A
back to issuer
-44,651
4.06
-10,998
chief financial officer
2022-08-09
Hopkinson David G.
sold
-46,800
3.9
-12,000
-
2022-08-05
Kennedy Brendan
sold
-1,369,100
3.9117
-350,000
-
2022-08-03
Merton Carl A
acquired
-
-
23,089
chief financial officer
2022-08-03
Merton Carl A
sold (taxes)
-47,483
3.88
-12,238
chief financial officer
2022-07-27
SIMON IRWIN D
sold (taxes)
-354,043
3.26
-108,602
president and ceo

1–10 of 50

Irwin D. Simon
2100
Tilray Brands Inc. engages in the research, cultivation, production, marketing, and distribution of medical cannabis products. It operates through five segments: Cannabis Business, Distribution Business, Beverage Alcohol Business, Wellness Business, and Business Under Development. The company provides medical and adult-use cannabis products; pharmaceutical and wellness products; beverage alcohol products; and hemp-based food and other wellness products. It offers its products to retailers, wholesalers, patients, physicians, pharmacies, clinics, hospitals, governments, and researchers. The company operates Tilray Medical, a medical platform that provides GMP-certified flowers, oils, vapes, edibles, and topicals. It has operations in Canada, the United States, Europe, Australia, New Zealand, Latin America, and internationally. The company was formerly known as Tilray, Inc. Tilray Brands Inc. was incorporated in 2018 and is headquartered in New York, New York.

TLRY Income Statement

2022-11-30
Consolidated Statements of Loss and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Nov. 30, 2022
Nov. 30, 2021
Nov. 30, 2022
Nov. 30, 2021
Net revenue$ 144,136$ 155,153$ 297,347$ 323,176
Cost of goods sold104,012122,387208,609239,455
Gross profit40,12432,76688,73883,721
Operating expenses:    
General and administrative41,67233,46982,18082,956
Selling9,6699,21019,34016,642
Amortization23,99529,01648,35459,755
Marketing and promotion8,5357,12015,78312,585
Research and development1655153311,300
Change in fair value of contingent consideration08452111,682
Litigation costs2,8151,0803,2602,274
Transaction (income) costs5,0647,040(7,752)31,425
Total operating expenses91,91588,295161,707208,619
Operating loss(51,791)(55,529)(72,969)(124,898)
Interest expense, net(3,107)(9,940)(7,520)(20,110)
Non-operating income (expense), net(18,450)65,595(51,442)115,292
(Loss) income before income taxes(73,348)126(131,931)(29,716)
Income taxes (benefit) expense(11,713)(5,671)(4,502)(909)
Net (loss) income(61,635)5,797(127,429)(28,807)
Total net income (loss) attributable to:    
Stockholders of Tilray Brands, Inc.(69,463)(201)(142,945)(41,850)
Non-controlling interests7,8285,99815,51613,043
Other comprehensive loss, net of tax    
Foreign currency translation loss(24,597)(32,367)(84,889)(133,139)
Unrealized loss on convertible notes receivable(17,643)(16,305)(20,168)(16,954)
Total other comprehensive loss, net of tax(42,240)(48,672)(105,057)(150,093)
Comprehensive loss(103,875)(42,875)(232,486)(178,900)
Total comprehensive income (loss) attributable to:    
Stockholders of Tilray Brands, Inc.(111,186)(41,853)(243,636)(184,923)
Non-controlling interests$ 7,311$ (1,022)$ 11,150$ 6,023
Weighted average number of common shares - basic (in shares)611,711,377460,254,275589,122,358454,797,598
Weighted average number of common shares - diluted (in shares)611,711,377460,254,275589,122,358454,797,598
Net loss per share - basic (in dollars per share)$ (0.11)$ 0.00$ (0.24)$ (0.09)
Net loss per share - diluted (in dollars per share)$ (0.11)$ 0.00$ (0.24)$ (0.09)

TLRY Balance Sheet

2022-11-30
Consolidated Statements of Financial Position (Current Period Unaudited) - USD ($)
$ in Thousands
Nov. 30, 2022
Mar. 31, 2022
Current assets  
Cash and cash equivalents$ 190,218$ 415,909
Marketable Securities243,2860
Accounts receivable, net89,70595,279
Inventory240,946245,529
Prepaids and other current assets50,55046,786
Total current assets814,705803,503
Capital assets539,124587,499
Right-of-use assets11,35112,996
Intangible assets1,214,8421,277,875
Goodwill2,621,4012,641,305
Interest in equity investees4,6384,952
Long-term investments8,21110,050
Convertible notes receivable255,310111,200
Other assets4,797314
Total assets5,474,3795,449,694
Current liabilities  
Bank indebtedness15,30418,123
Accounts payable and accrued liabilities162,900157,431
Contingent consideration26,46316,007
Warrant liability12,67014,255
Current portion of lease liabilities6,9766,703
Current portion of long-term debt20,68167,823
Deduct - current portion181,5110
Total current liabilities426,505280,342
Long - term liabilities  
Lease liabilities8,99911,329
Long-term debt152,150117,879
Total convertible debentures payable, non current portion223,295401,949
Deferred tax liabilities180,099196,638
Other liabilities185191
Total liabilities991,2331,008,328
Commitments and contingencies (refer to Note 18)
Stockholders' equity  
Common stock ($0.0001 par value; 990,000,000 shares authorized; 613,181,559 and 532,674,887 shares issued and outstanding, respectively)6153
Additional paid-in capital5,697,4665,382,367
Accumulated other comprehensive loss(121,455)(20,764)
Accumulated Deficit(1,105,796)(962,851)
Total Tilray Brands, Inc. stockholders' equity4,470,2764,398,805
Non-controlling interests12,87042,561
Total stockholders' equity4,483,1464,441,366
Total liabilities and stockholders' equity$ 5,474,379$ 5,449,694