Jun. 16 at 6:11 AM
Thank you Raj and team — one of the strongest quarters in
$HITI history.
🟢 Revenue CA
$179.3M (+30% YoY) — fastest growth in 11 quarters
🟢 EBITDA CA
$13.9M (+73%) — fastest in 9 quarters
🟢 Gross Margin 27% — 8-quarter high
🟢 EPS CA
$0.01 — back in the black
🟢 Net Income & FCF positive · Income from Ops +554% YoY
All records. With 3 fewer selling days than Q1.
🟢 Remexian: CA
$31.6M · 27% margin (from 12%) · 14% German market share · 90 days ahead of plan
🟢 228 stores · 2.65M Cabana Club (+39%) · 178K ELITE (+84%)
🟢 BMO CA
$40M credit line — tier one bank confidence
🟢 Nasdaq & TSX engaged on Schedule III listing implications
US entry is being prepared. DEA hearing June 29.
Looking forward to tomorrow's conference call — especially guidance on US and Europe. The next chapter is just getting started.
$HITI $TRLV $MSOS $VRNO $MRMD