Business
Vext Announces Q2 2025 Financial Results: Record Quarterly Revenue with Strong 31% Cash Flow Margin
Record financial performance, with growth in revenue, adjusted EBITDA, and operating cash flow driven by strong Ohio momentum and disciplined operations in Arizona.Revenue of $13.4 million, up 59% YoY and a sequential increase of $1.8 million, reflecting first full quarter of consolidation of Big Perm dispensaries.Adjusted EBITDA[1] of $4.1 million, up $3 million from Q2 2024 and $0.7 million sequentially.Operating cash flow of $4.2 million, compared to $(0.6) million in Q2 2024 and $3.1 ...
About this update from Vext Science, Inc.
[{"type":"list","items":[{"val":[{"type":"text","content":"Record financial performance, with growth in revenue, adjusted EBITDA, and operating cash flow driven by strong Ohio momentum and disciplined operations in Arizona.","length":164,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Revenue of $13.4 million, up 59% YoY and a sequential increase of $1.8 million, reflecting first full quarter of consolidation of Big Perm dispensaries.","length":152,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EBITDA[1] of $4.1 million, up $3 million from Q2 2024 and $0.7 million sequentially.","length":93,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Operating cash flow of $4.2 million, compared to $(0.6) million in Q2 2024 and $3.1 million in Q1 2025, with a Cash Flow Margin1 of 31% - among the highest in the industry.","length":172,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Strengthened Ohio retail footprint to four consolidated locations. On track to reach the state dispensary license cap of eight by early 2026[2], positioning Vext to capture sustained growth from growing adult-use market in Ohio.","length":228,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":809,"olType":false},{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - August 20, 2025) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) ("Vext" or the "Company") a U.S.-based cannabis operator with vertical operations in Arizona and Ohio, today reported its financial results for the period ended June 30, 2025. All currency references used in this news release are in U.S. currency unless otherwise noted.","length":407,"tagName":"p"},{"type":"text","content":"Summary Financial Results (in thousands of US dollars)","length":54,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"style":"border-width:1px;border-style:solid;border-color:#000000;width:20%;","val":[]},{"style":"text-align:center;border-width:1px;border-style:solid;border-color:#000000;width:13%;","val":[{"type":"text","content":"Q2 2025","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;border-width:1px;border-style:solid;border-color:#000000;width:13%;","val":[{"type":"text","content":"Q1 2025","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;borde...