Sundial(US:SNDL)2023-08-14 13:49Financial Performance - SNDL's Cannabis Operations Net Revenue increased by 2.1% year-over-year in 2023[8] - Cannabis Retail Net Revenue increased by 9.3% year-over-year, reaching $244.5 million[17] - Liquor Retail Net Revenue increased by 13.2% year-over-year, totaling $71.9 million[18] - Adjusted EBITDA was $2.2 million[9] - Liquor Retail Net Revenue was $151.7 million, with a Gross Margin of $35.4 million and Adjusted EBITDA of $16.4 million[52] - Cannabis Retail Gross Margin was $17.8 million[61] - Cannabis Operations Q2 2023 Gross Revenue was $20.9 million[78] Retail Operations - The company has over 930,000 square feet of retail space[2] - SNDL has approximately 2600 employees in Cannabis Operations[4] - SNDL's Liquor Retail segment has 170 retail locations in Alberta and British Columbia[49] - SNDL's Cannabis Retail segment has a 9.4% market share of privatized stores[35] - Liquor Retail average basket size is $39.12, with 3.8 million customer transactions in Q2 2023[49] - Cannabis Retail average basket size is $38.73, with 2.53 million customer transactions[58, 59] Investments - Fair value of all cannabis industry investments is $569 million[85, 89] - Fair value of SunStream Portfolio is $533 million[90] - Fair value of Canadian credit and equity investments is $36 million[91]