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MRMD $0.06 -2.63%
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MRMD · Marimed Inc.
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$0.06 0.00 (-2.63%) At close · Oct 20
Market Cap
$22.57M
Shares
403.04M
Volume · Oct 20 131.65K Avg daily vol (3M) 561.09K
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Earnings call · FY2024 Q1

Marimed Inc. (MRMD) Q1 2024 Earnings Call

Concluded May 8, 2024
May 8, 2024 0 turns
Period
FY2024 Q1
Runtime
—
Sources
2 artifacts
Revenue $37.93M +10.3% YoY
Diluted EPS $0.00
Gross margin 43.4% -1.4 pp YoY
Net income -$1.30M
Open full screen 8-K 10-Q

Executive readout · one minute

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Forward guidance

2 guided metrics

Management's latest ranges and targets are included below.

Research coverage

2 live sources

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Research materials

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Forward guidance

From the 8-K filed May 8, 2024.

Metric Guided
Non-GAAP Adjusted EBITDA growth Maintained
full year 2024
0% – 2%
Capital expenditures Maintained
full year 2024
$10M

Quarter detail

How the reported period landed and where the business moved.

Revenue · products & services

Product Sales Retail$22.35M -3.6% YoY
Product Sales Wholesale$14.51M +39.8% YoY
Other Revenue$1.08M +31.8% YoY
Full-screen source Call document