tiprankstipranks
MTL Cannabis Achieves Record Revenue and Profits
Company Announcements

MTL Cannabis Achieves Record Revenue and Profits

Story Highlights

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

Don't Miss our Black Friday Offers:

MTL Cannabis Corp. has announced a record-breaking first quarter with a significant increase in revenue to $25.8 million and a net income of over $2.2 million, marking a robust performance compared to the previous year. The company also reported a strong gross margin of 54% and positive cash flow, indicating healthy financial growth and operational efficiency.

For further insights into TSE:MTLC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskMTL Cannabis Reschedules Meeting Amid Postal Strike
TipRanks Canadian Auto-Generated NewsdeskMTL Cannabis Achieves Record Revenue and EBITDA in 2024
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