middle.news

Cann Group Cuts Losses 56% as Dried Flower Sales Surge Amid Refinancing Efforts

4:20am on Saturday 30th of August, 2025 AEST Healthcare
Read Story

Cann Group Cuts Losses 56% as Dried Flower Sales Surge Amid Refinancing Efforts

4:20am on Saturday 30th of August, 2025 AEST
Key Points
  • Net loss narrowed 56% to $22.35 million in FY25
  • Revenue declined 26% to $11.3 million due to product mix shift
  • Normalized EBITDA improved 44% to -$5.03 million
  • Operating expenses cut by 31%, boosting gross margins
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Cann (ASX:CAN)
OPEN ARTICLE