MTL Cannabis (TSE:MTLC) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
MTL Cannabis Corp. has announced a remarkable year with a significant increase in revenue, reporting $83.1 million for 2024, alongside a substantial rise in Adjusted EBITDA to $13.2 million. The company’s robust financial performance is reflected in a 165.7% jump in net revenue and impressive cash flows from operations, which soared to $13.8 million, underpinning a strong fiscal year.
For further insights into TSE:MTLC stock, check out TipRanks’ Stock Analysis page.