AWH ANNOUNCES FOURTH QUARTER AND FULL YEAR 2024 FINANCIAL RESULTS
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Ascend Wellness Holdings, Inc. (AWH) reported an 8% increase in net revenue to $562 million and a 9% increase in adjusted EBITDA to $116 million for the full year 2024. The company also achieved positive cash from operations and free cash flow, ending Q4 2024 with $88 million in cash and equivalents.
March 12, 2025 | 8:15 pm
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POSITIVE IMPACT
Ascend Wellness Holdings reported strong financial results for 2024 with an 8% increase in net revenue and a 9% increase in adjusted EBITDA. The company also maintained positive cash flow and ended the year with a solid cash position.
The reported financial results indicate strong performance with growth in revenue and EBITDA, as well as positive cash flow, which are positive indicators for the company's financial health and could lead to a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100