The earnings call reflects strong performance in Ohio, with significant revenue growth and improved EBITDA margins. However, challenges in the Arizona market and a decline in wholesale sales present hurdles. Overall, the positive growth in Ohio and operational improvements slightly outweigh the issues faced in Arizona.

Company Guidance

During the Vext Science Second Quarter 2025 Financial Results Conference Call, the company reported robust growth metrics, emphasizing disciplined execution and efficient capital allocation. Revenue increased by 59% year-over-year to $13.4 million, while adjusted EBITDA rose by $3 million to $4.1 million, resulting in a 30% adjusted EBITDA margin. Operating cash flow reached $4.2 million, marking a significant turnaround from a negative $0.6 million in the same quarter of 2024. The company highlighted its strategic expansion in Ohio, with consolidated retail sales in the state growing 86% sequentially, underpinned by new dispensaries and a successful drive-thru model. In contrast, despite a 13.7% decline in Arizona's statewide retail sales, Vext's Arizona sales only decreased by 0.3% year-over-year, showcasing their effective cost management and operational discipline. Vext plans to continue capitalizing on the growing Ohio market, aiming to convert top-line growth into free cash flow while maintaining a strong balance sheet.

Record Revenue and Growth

Revenue grew 59% year-over-year to $13.4 million in Q2 2025, compared to $8.4 million in Q2 2024, driven by expansion in Ohio.

Strong Performance in Ohio

Ohio retail sales grew 86% sequentially during the second quarter. The addition of drive-thrus and new dispensaries contributed to increasing customer traffic.

Adjusted EBITDA Increase

Adjusted EBITDA increased by $3 million to $4.1 million, with a 30% adjusted EBITDA margin, reflecting top-line growth and disciplined cost management.

Operating Cash Flow Improvement

Operating cash flow reached $4.2 million in Q2 2025, compared to negative $0.6 million in Q2 2024.

Vext Science (VEXTF) 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

Daily Earnings Calendar >

VEXTF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Dec 02, 2025	2025 (Q3)	>-0.01 / -	-0.01	―	―	―
Aug 20, 2025	2025 (Q2)	>-0.01 / -0.01	-0.01	0.00% (0.00)	―
May 21, 2025	2025 (Q1)	- / -	-0.03	―	―
Mar 31, 2025	2024 (Q4)	-0.01 / -0.01	-0.03	66.67% (+0.02)	―
Nov 21, 2024	2024 (Q3)	>-0.01 / -0.01	-0.01	0.00% (0.00)
Aug 20, 2024	2024 (Q2)	-0.01 / -0.01	0.004	-350.00% (-0.01)
May 29, 2024	2024 (Q1)	- / -	0	―	―
May 10, 2024	2023 (Q4)	-0.02 / -0.03	0	―	―
Nov 28, 2023	2023 (Q3)	>-0.01 / -0.01	0.003	-433.33% (-0.01)
Aug 23, 2023	2023 (Q2)	>-0.01 / <0.01	0.01	-60.00% (>-0.01)

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

VEXTF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 20, 2025	$0.17	$0.20	+17.65%
May 21, 2025	$0.08	$0.08	0.00%
Mar 31, 2025	$0.13	$0.12	-7.69%
Nov 21, 2024	$0.14	$0.14	0.00%

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.

FAQ

When does Vext Science (VEXTF) report earnings?

Vext Science (VEXTF) is schdueled to report earning on Dec 02, 2025, TBA (Confirmed).

What is Vext Science (VEXTF) earnings time?

Vext Science (VEXTF) earnings time is at Dec 02, 2025, TBA (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 VEXTF EPS forecast?

VEXTF EPS forecast for the fiscal quarter 2025 (Q3) is >-0.01.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing