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Cansortium (TSE:FNT.U)
:FNT.U
Canadian Market

Cansortium (FNT.U) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
May 28, 2025
TBA Not Confirmed
Period Ending
2025 (Q1)
Consensus EPS Forecast
Last Year’s EPS
-0.01
Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary

Earnings Call Date:Apr 17, 2025
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% Change Since:
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Next Earnings Date:May 28, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant achievements such as record-breaking annual revenue, strategic acquisitions, and expansion efforts, demonstrating strong growth and operational resilience. However, challenges remain with fourth quarter revenue declines and decreased profit margins, primarily due to market pressures in Florida.
Company Guidance
During the fourth quarter and full-year 2024 conference call, FLUENT's management highlighted several key metrics reflecting the company's financial and operational performance. The company achieved a record-breaking annual revenue of $103.6 million, marking a 6.4% increase from 2023's $97.3 million. However, the fourth quarter saw a slight revenue decline to $24.9 million from $25.5 million in the same period the previous year, driven by price pressures in the Florida market. Adjusted gross profit for the quarter was $10 million, down from $12.6 million in 2023, while adjusted EBITDA decreased to $3 million from $6.9 million. For the full year, adjusted gross profit was $50.3 million, and adjusted EBITDA was $25 million, both reflecting a slight decrease from the previous year. The company ended the year with $40.1 million in cash and cash equivalents and $82.4 million in total debt, with approximately 630 million shares outstanding. FLUENT also discussed its strategic expansion, including the acquisition of RIV Capital and the launch of new brands, as well as plans for further operational growth and facility development in 2025.
Record-Breaking Annual Revenue
FLUENT achieved a record-breaking annual revenue of $103.6 million for 2024, representing a 6.4% increase over 2023.
Strategic Acquisition
Successfully acquired RIV Capital, expanding operational footprint in New York with retail, wholesale, and cultivation assets.
Strong Financial Position
Ended the year with over $40 million in cash and cash equivalents, alongside favorable non-dilutive debt refinancing.
Expansion and Brand Launches
Expanded brand portfolio with successful launches of MOODs and KNACK in New York, and higher kind in Florida.
Operational Growth
Increased operational footprint to 42 locations and plans to open three more stores in Florida by year-end.
New Facility Developments
Construction near completion for two new cultivation facilities in Tampa and Buffalo, expected to come online in 2025.
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Cansortium (TSE:FNT.U) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

TSE:FNT.U Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
May 28, 20252025 (Q1)
- / -
-0.01
Apr 17, 20252024 (Q4)
- / -
-0.01
Nov 29, 20242024 (Q3)
- / -0.04
-0.01-300.00% (-0.03)
Aug 22, 20242024 (Q2)
- / 0.00
-0.02
May 30, 20242024 (Q1)
- / -
-0.03
Apr 29, 20242023 (Q4)
- / -0.01
-0.0366.67% (+0.02)
Nov 29, 20232023 (Q3)
- / -0.01
-0.0250.00% (+0.01)
Aug 28, 20232023 (Q2)
- / -0.02
-0.0560.00% (+0.03)
May 31, 20232023 (Q1)
- / -
-0.04
May 01, 20232022 (Q4)
- / -0.03
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:FNT.U Earnings-Related Price Changes

No data currently available
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ

When does Cansortium (TSE:FNT.U) report earnings?
Cansortium (TSE:FNT.U) is schdueled to report earning on May 28, 2025, TBA Not Confirmed.
    What is Cansortium (TSE:FNT.U) earnings time?
    Cansortium (TSE:FNT.U) earnings time is at May 28, 2025, TBA Not Confirmed.
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is TSE:FNT.U EPS forecast?
          Currently, no data Available
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