Schwazze Q4 Revenue Drops 17% Sequentially To $26.5 Million

Mar 31, 2022 · Schwazze (OTCQX: SHWZ) (NEO: SHWZ) announced its financial results for the fourth quarter and year ended December 31, 2021. Financial Summary for Year Ended 2021:

17%
OFF

Schwazze Q4 Revenue Drops 17% Sequentially To $26.5 Million

1 week from now

Mar 31, 2022 · Schwazze (OTCQX: SHWZ) (NEO: SHWZ) announced its financial results for the fourth quarter and year ended December 31, 2021. Financial Summary for Year Ended 2021:

benzinga.com

856%
OFF

Schwazze Announces Fourth Quarter & Full Year 2021 Results

1 week from now

Mar 31, 2022 · Gross Margin of $12.1 million was 1,856% better than Q4 2020 and 3,798 bps over Q4 2020; Net Income Attributed to Common Shareholders was $5.5 million compared to …

schwazze.com

7%
OFF

SHWZ - New Cannabis Ventures

1 week from now

Schwazze Q4 Revenue Declines 7% Sequentially. ... Schwazze Q4 Revenue Declines 17% Sequentially to $26.5 Million. Schwazze Announces Fourth Quarter & Full Year 2021 Results …

newcannabisventures.com

89%
OFF

SCHWAZZE ANNOUNCES FOURTH QUARTER 2022 & YEAR-END …

1 week from now

Mar 29, 2023 · Gross Profit of $23.0 million, an increase of 89% compared to Q4 2021; Net Loss of ($27.3) compared to Net Income of $12.8 million for Q4 2021; Adjusted EBITDA of $13.3 …

prnewswire.com

8%
OFF

Schwazze Records 8% Revenue Growth In Q4 2023 Amid …

1 week from now

Schwazze reported an 8% revenue growth in Q4 2023, not a drop. ... Gross profit for the fourth quarter of 2023 was $7.0 million or 16.2% of total revenue, compared to $21.7 million or …

msn.com

44%
OFF

SCHWAZZE ANNOUNCES SECOND QUARTER RESULTS - PR …

1 week from now

Aug 11, 2022 · SCHWAZZE ANNOUNCES SECOND QUARTER RESULTS. Record Quarterly Revenue and Adjusted EBITDA. Revenue Increases 44% to $44.3 Million Compared to $30.7 …

prnewswire.com

7%
OFF

Schwazze Q4 Revenue Declines 7% Sequentially - New Cannabis …

1 week from now

Mar 29, 2023 · Adjusted EBITDA of $13.3 million was 33% of revenue, compared to $7.5 million and 28% of revenue for Q4 2021. Cash Flow from operations for the quarter was $5.4 …

newcannabisventures.com

31%
OFF

Schwazze Announces Fourth Quarter And Full Year 2023 Financial …

1 week from now

Mar 27, 2024 · In This Article: SHWZ. FY 2023 Revenue of $172.4 Million; Income from Operations of $3.3 Million; Adjusted EBITDA of $53.4 Million or 31% of Revenue. Generated …

yahoo.com

$100
OFF

Schwazze Announces Fourth Quarter And Full Year 2020 Financial …

1 week from now

Together with Schwazze and the proforma revenue for 2020 Mesa Organics Ltd, acquired by Schwazze in April 2020, total 2020 proforma revenue is estimated to be approximately $100 …

schwazze.com

$42
OFF

Schwazze's Q3 Preliminary Revenue Slides As Debt Grows, 2023

1 week from now

Nov 8, 2024 · Schwazze reported revenue of approximately $42 million, compared to revenue of $46.75 million in Q3 2023. At quarter end, Schwazze had an outstanding debt of $196 million, …

benzinga.com

1%
OFF

Schwazze Announces Record Quarterly Revenue And Adjusted …

1 week from now

Nov 10, 2022 · Gross Margin of $26.0 million, 60.1% of revenue, compared to $15.1 million and 47.3% of revenue in Q3 2021. Net Income was $1.8 million compared to a Net Income of $1.0 …

yahoo.com

64%
OFF

Schwazze Announces First Quarter Results | Schwazze

1 week from now

May 16, 2022 · Revenue Increases 64% to $31.8 Million Compared to $19.3 Million in Q1 2021 Adjusted EBITDA is $7.9 Million, 25% of Revenue 14 Dispensaries Added During Q1 2022 in …

schwazze.com

2%
OFF

Schwazze Q2 Revenue Up 2% YoY, Net Loss Rises And Debt …

1 week from now

Gross profit was $19.04 million, compared to $23.04 million in the same period a year ago.; Loss from operations amounted to ($2.71 million), compared to the income of $4.96 million in the …

msn.com

7%
OFF

Schwazze Q4 Revenue Declines 7% Sequentially – Cannabis Stocks …

1 week from now

Apr 4, 2023 · Gross Profit of $23.0 million, an increase of 89% compared to Q4 2021; Net Loss of ($27.3) compared to Net Income of $12.8 million for Q4 2021; Adjusted EBITDA of $13.3 …

dhtayloranalysis.com

89%
OFF

SCHWAZZE ANNOUNCES FOURTH QUARTER 2022 & YEAR-END …

1 week from now

Mar 29, 2023 · Gross Profit of $23.0 million, an increase of 89% compared to Q4 2021; Net Loss of ($27.3) compared to Net Income of $12.8 million for Q4 2021; Adjusted EBITDA of $13.3 …

schwazze.com

$5
OFF

SCHWAZZE ANNOUNCES FIRST QUARTER 2023 FINANCIAL RESULTS

1 week from now

May 10, 2023 · Income from operations was $5.6 million dollars and improved $10.4 million dollars over the ($4.8) million dollar loss from operations in the first quarter of 2022. Adjusted …

schwazze.com

FAQs about Schwazze Q4 Revenue Drops 17% Sequentially To $26.5 Million Coupon?

How did schwazze perform in Q4 2023?

Schwazze reported an 8% revenue growth in Q4 2023, not a drop. Medicine Man Technologies, Inc. (OTC:SHWZ), operating as Schwazze, announced its financial and operational results on Thursday for the fourth quarter and full year ended Dec. 31, 2023. ...

What was the net loss in the second quarter of 2024?

Net loss was $13.9 million for the second quarter of 2024 compared to $6.6 million for the same quarter last year. Adjusted EBITDA was a gain of $9.03 million, compared to $13.81 million in the corresponding period of 2023. The decrease in Adjusted EBITDA was primarily driven by a lower gross margin and higher operating expenses. ...

How did cannabis sales perform in Q4?

Cannabis sales in the state were up 18% across a store base that was over 50% higher year-over-year in Q4, leading to lower average revenue per store. While we are beginning to see a slow-down in net new store openings, we anticipate a challenging market ahead. ...

What time does schwazze hold a conference call?

The Company will conduct a conference call today, May 15, 2024, at 5:00 p.m. Eastern time to discuss its results for the first quarter ended March 31, 2024. Schwazze management will host the conference call, followed by a question-and-answer period. Interested parties may submit questions to the Company prior to the call by emailing . ...

How has New Mexico impacted cannabis sales in Q4?

"In New Mexico, the proliferation of new licenses has led to increased competition and aggressive pricing strategies from certain players. Cannabis sales in the state were up 18% across a store base that was over 50% higher year-over-year in Q4, leading to lower average revenue per store. ...

How did Colorado sales perform in Q1?

Although retail pricing has recently stabilized, Colorado sales in Q1 were down 10% year-over-year due to lower volumes. Nonetheless, we significantly outpaced the market as our sales were up 9%, demonstrating the effectiveness of our operating playbook to compete in challenging environments. ...