Trulieve reported Q3 FY2025 results showing improved operational leverage and profitability despite near flat top-line growth.
Financial Performance & Liquidity (Q3 vs. Prior Year): Revenue was $288.2M (+1%). Income from Operations leaped to $42.2M (from $0.6M), driven by a 33% reduction in SG&A expense, primarily political contributions. Net loss attributable to common shareholders narrowed substantially to ($26.8M) from ($60.2M), improving Basic Loss Per Share to $(0.11) from $(0.32). Nine-month YTD revenue totaled $888.0M, with Continuing Operations Net Loss narrowing to $(71.
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