IMAX ( (IMAX) ) just unveiled an update.
Auxly Cannabis Group Inc. reported record sales and profitability for the fourth quarter and full year of 2024, with significant increases in net revenue and gross margins. The company reduced its total debt by 56% and achieved a notable market position with its Back Forty brand emerging as the top cannabis brand in Canada. These achievements underscore Auxly’s strong industry positioning and commitment to sustainable growth and value creation for stakeholders.
More about IMAX
Auxly Cannabis Group Inc. is a leading consumer packaged goods company in the cannabis products market. It focuses on innovation and operational excellence, leveraging large-scale, low-cost cultivation to meet the growing demand for THC products in Canada and globally.
YTD Price Performance: 3.27%
Average Trading Volume: 703,395
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.29B
Find detailed analytics on IMAX stock on TipRanks’ Stock Analysis page.