MTL Cannabis (TSE:MTLC) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
MTL Cannabis Corp. has announced a record-breaking first quarter with a significant increase in revenue to $25.8 million and a net income of over $2.2 million, marking a robust performance compared to the previous year. The company also reported a strong gross margin of 54% and positive cash flow, indicating healthy financial growth and operational efficiency.
For further insights into TSE:MTLC stock, check out TipRanks’ Stock Analysis page.
