Business
AWH ANNOUNCES FIRST QUARTER 2025 FINANCIAL RESULTS
Ascend Wellness Holdings, Inc. ("AWH" or the "Company") (CSE: AAWH.U) (OTCQX: AAWH), a vertically integrated multi-state cannabis operator focused on bettering lives through cannabis, today reported its financial results for the quarter ended March 31, 2025 ("Q1 2025"). Financial results are reported in accordance with U.S. generally accepted accounting principles ("GAAP") and all currency is in U.S. dollars.
About this update from Ascend Wellness Holdings Llc Class A
[{"type":"text","content":"First Quarter 2025 Net Revenue of $128.0 million and Adjusted EBITDA1 of $27.0 million ","length":91,"tagName":"p","attribs":{}},{"type":"text","content":"Generated Positive Cash from Operations of $5.9 million, the Ninth Consecutive Quarter of Positive Operating Cash Flow","length":118,"tagName":"p","attribs":{}},{"type":"text","content":"Company Ended Q1 2025 with $100.0 million of Cash and Cash Equivalents","length":70,"tagName":"p","attribs":{}},{"type":"text","content":"NEW YORK, May 12, 2025 /PRNewswire/ - Ascend Wellness Holdings, Inc. ("AWH" or the "Company") (CSE: AAWH.U) (OTCQX: AAWH), a vertically integrated multi-state cannabis operator focused on bettering lives through cannabis, today reported its financial results for the quarter ended March 31, 2025 ("Q1 2025"). Financial results are reported in accordance with U.S. generally accepted accounting principles ("GAAP") and all currency is in U.S. dollars.","length":495,"tagName":"p"},{"type":"image","alt":"Ascend Wellness Holdings, Inc. Logo (CNW Group/Ascend Wellness Holdings, Inc.)","displaySize":"","headline":null,"caption":"Ascend Wellness Holdings, Inc. Logo (CNW Group/Ascend Wellness Holdings, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":197,"height":128,"url":"https://media.zenfs.com/en/prnewswire.com/5a10c240afd859dc563607d65d023db0"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/KYbEwy14EODf.TLh22y3lQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTM2MDtoPTIzNDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/5a10c240afd859dc563607d65d023db0","width":197,"height":128}},"href":"https://mma.prnewswire.com/media/2685298/Ascend_Wellness_Holdings__Inc__AWH_ANNOUNCES_FIRST_QUARTER_2025.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Business Highlights","length":19,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"AWH remains committed to implementing its densification strategy, which is expected to result in an approximate 50% increase in store count in the medium term. The Company continues to maintain its data-backed focus on premier locations in high density population centers in its expansion efforts.","length":297,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Currently, the Company is targeting ten new stores to come...