Tilray Historical Income Statement

TLRY Stock  USD 1.70  0.05  2.86%   
Historical analysis of Tilray income statement accounts such as Depreciation And Amortization of 136.7 M, Selling And Marketing Expenses of 69.1 M, Total Revenue of 658.5 M or Gross Profit of 83.6 M can show how well Tilray Inc performed in making a profits. Evaluating Tilray income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Tilray's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Tilray Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Tilray Inc is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tilray Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About Tilray Income Statement Analysis

Tilray Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Tilray shareholders. The income statement also shows Tilray investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Tilray Income Statement Chart

At this time, Tilray's Selling General Administrative is fairly stable compared to the past year. Other Operating Expenses is likely to rise to about 845.5 M in 2024, whereas Interest Expense is likely to drop slightly above 12.9 M in 2024.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Tilray Inc. It is also known as Tilray overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Tilray Inc minus its cost of goods sold. It is profit before Tilray operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most accounts from Tilray's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Tilray Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tilray Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Tilray's Selling General Administrative is fairly stable compared to the past year. Other Operating Expenses is likely to rise to about 845.5 M in 2024, whereas Interest Expense is likely to drop slightly above 12.9 M in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue389.9M511.6M480.2M504.2M
Research Development830K1.5M682K960.4K

Tilray income statement Correlations

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-0.8-0.59-0.570.060.01-0.16-0.50.180.20.18-0.3-0.54-0.66-0.87-0.88-0.61-0.090.76-0.180.33-0.330.250.840.06
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Tilray Account Relationship Matchups

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When running Tilray's price analysis, check to measure Tilray's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tilray is operating at the current time. Most of Tilray's value examination focuses on studying past and present price action to predict the probability of Tilray's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tilray's price. Additionally, you may evaluate how the addition of Tilray to your portfolios can decrease your overall portfolio volatility.