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Cann Group Cuts Losses 56% as Dried Flower Sales Surge Amid Refinancing Efforts
4:20am on Saturday 30th of August, 2025 AEST
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Healthcare
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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
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