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Investor Relations14 Oct 2025
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Avicanna (AVCN) investor relations material
Avicanna Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary14 Aug, 2025
Executive summary
Achieved positive adjusted EBITDA for the first half of 2025, reflecting improved financial discipline and operational focus.
Expanded engagement with the Canadian medical community and grew commercial channels, highlighting a strong proprietary product portfolio.
Advanced clinical research with the sponsorship of a Phase II osteoarthritis pain study and secured a new US patent for topical cannabinoid compositions.
Financial highlights
Q2 2025 revenue reached $6.16 million, a 1% increase year-over-year; six-month revenue was $12.48 million, down 1% from the prior year.
Gross profit for Q2 was $3.13 million, with a gross margin of 51%, up from 47% in Q2 2024.
Adjusted EBITDA loss for Q2 was $0.25 million, a significant improvement from a $0.44 million loss in Q2 2024.
Six-month adjusted EBITDA turned positive at $0.18 million, compared to a $0.42 million loss in the same period last year.
Outlook and guidance
Positioned for domestic and international scale-up, supported by financial discipline and operational improvements.
Management anticipates continued growth through proprietary product expansion and clinical research initiatives.
Which international markets drove gross margin growth?
What is the commercialization strategy for the new US patent?
What specific cost efficiencies drove EBITDA improvement?
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Q3 202511 Nov, 2025
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Frequently asked questions
Avicanna Inc. is a Canadian international commercial-stage biopharmaceutical company focused on the development, advancement, and commercialization of evidence-based cannabinoid-based products. The company operates in the global medical and pharmaceutical market segments, leveraging its established scientific platform, including research and development (R&D) and clinical development. This platform has enabled Avicanna to launch over thirty proprietary products, along with a robust pharmaceutical pipeline aimed at addressing a range of medical conditions. Avicanna's business strategy encompasses active and commercial business pillars that include medical cannabis and wellness products, as well as a medical cannabis care portal. The company is headquartered in Toronto, Canada, and its shares are listed on the Toronto Stock Exchange.
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