tiprankstipranks
Trending News
More News >

MTL Cannabis Achieves Record Revenue and EBITDA in 2024

Story Highlights
MTL Cannabis Achieves Record Revenue and EBITDA in 2024

MTL Cannabis (TSE:MTLC) has released an update.

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App