TILT Holdings
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|---|---|
Revenues | 153m | 158m | 203m | 174m | 166m | 183m | 221m |
% growth | 4494 % | 4 % | 28 % | (14 %) | (5 %) | 10 % | 21 % |
EBITDA | (69.7m) | 26.1m | 23.6m | (4.0m) | (11.9m) | (2.0m) | 3.4m |
% EBITDA margin | (46 %) | 16 % | 12 % | (2 %) | (7 %) | (1 %) | 2 % |
Profit | (133m) | (106m) | (45.1m) | (107m) | (62.4m) | (62.0m) | (30.2m) |
% profit margin | (87 %) | (67 %) | (22 %) | (62 %) | (38 %) | (34 %) | (14 %) |
EV / revenue | 0.6x | 0.6x | 0.4x | 0.1x | 0.1x | 0.0x | 0.0x |
EV / EBITDA | -1.2x | 3.6x | 3.6x | -3.5x | -0.7x | -2.9x | 1.7x |
R&D budget | - | <1m | <1m | - | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | IPO | |
$119m | Post IPO Equity | ||
* | $6.8m | Private Placement VC | |
N/A | $35.8m | Post IPO Debt | |
* | N/A | $52.8m | Post IPO Debt |
* | N/A | $4.0m | Post IPO Debt |
Total Funding | €6.2m |
Recent News about TILT Holdings
EditTILT Holdings is a comprehensive cannabis company that provides a wide range of services and products to businesses within the cannabis industry. The company operates in multiple markets, including the U.S., Canada, Jamaica, and Puerto Rico, serving over 1,000 dispensaries. TILT's business model is diversified, encompassing several subsidiaries that specialize in different aspects of the cannabis supply chain. Baker, a leading CRM platform, helps dispensaries grow their business and build customer relationships. Jupiter Research sets industry standards with its award-winning vaporizer platforms, supporting over 800 cannabis brands globally. Commonwealth Alternative Care is a vertically integrated cannabis cultivator with both dispensary and wholesale operations, offering a variety of medical cannabis products. Standard Farms focuses on producing high-quality flower and extracts, combining science and nature for patient accessibility. Blackbird provides software and operational solutions to streamline the movement of cannabis products through the supply chain, distributing to every dispensary in California and Nevada. TILT generates revenue through the sale of its products and services, leveraging its extensive network and innovative solutions to support the growth of the newly regulated cannabis industry.
Keywords: cannabis, CRM, dispensaries, vaporizer, cultivation, medical marijuana, supply chain, software solutions, patient care, innovation.