Friday, September 12, 2025

Auxly Cannabis Q3 Revenues Climb To $24.5 Million

Auxly Cannabis (TSX: XLY) is quickly becoming a darling of the Canadian cannabis landscape. The firm continues to improve results, posting Q3 revenues of $24.5 million for the quarter. The firm however continued to post a net loss despite the major improvement in its operations.

Revenues for the quarter were up 17% on a quarter over quarter basis, climbing from $20.9 million to $24.5 million. On a year over year basis, its one of the few public operators that has seen increasing revenue, with revenue climbing 95% from $12.6 million in the year ago period.

In terms of market share, the company reportedly has managed to grab a 7.3% stake in the Canadian market, along with a 15.6% stake in the Cannabis 2.0 market.

The firm reported a gross profit before fair value adjustments of $4.7 million for the quarter, which notably has fallen dramatically from the $7.7 million recognized in the second quarter. Expenses meanwhile amounted to $17.7 million, largely driven by SG&A of $11.6 million, followed by interest expenses of $3.9 million.

The company overall reported a net loss of $13.5 million for the third quarter, along with an adjusted EBITDA loss of $6.5 million.

Auxly Cannabis last traded at $0.335 on the TSX.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Avino Q2 Earnings: Steady As She Goes

MEG Energy: Cenovus Comes In With $7.9 BILLION Offer

Orla Mining Q2 Earnings: Musselwhite Changes Everything

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Auxly Cannabis Secures Assets of Curative Cannabis

Auxly Cannabis (TSXV: XLY) has officially completed the foreclosure process on the share collateral of...

Friday, November 29, 2019, 09:44:59 AM

Auxly Proposes Conversion Price Reduction for $98.7 Million Worth of Debt

Auxly Cannabis (TSXV: XLY) announced this morning that it has received approval from the TSX...

Friday, October 18, 2019, 08:19:43 AM

Auxly Cannabis To Conduct $10.0 Million Bought Deal Financing

Auxly Cannabis (TSXV: XLY) is evidently in need of funds yet again. The company this...

Tuesday, November 24, 2020, 08:29:13 AM

Auxly Cannabis Announces $30.0 Million ATM Financing

Auxly Cannabis (TSXV: XLY) is the latest firm to announce an at-the-market financing. The company...

Tuesday, March 23, 2021, 08:17:13 AM

FSD Pharma Ends Class Action Lawsuit With $5.5 Million Settlement

FSD Pharma (CSE: HUGE) (NASDAQ: HUGE) this morning announced that it has settled a class...

Thursday, October 29, 2020, 12:10:07 PM