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MediPharm Labs (LABS) investor relations material
MediPharm Labs 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 14% year-over-year revenue growth in Q2 2025 to $11.8M, driven by strong international medical cannabis performance and strategic execution.
International medical cannabis revenue grew 50% year-over-year, now 57% of total revenue.
Successfully defended against a costly proxy contest, with all management recommendations approved and dissident nominees rejected.
Canadian adult-use and wellness revenue rose 6% year-over-year and 19% sequentially, aided by new product launches.
Maintained focus on cost reduction, operational efficiency, and international expansion despite governance challenges.
Financial highlights
Q2 revenue reached $11.8M, up $1.5M or 14% year-over-year, led by international medical cannabis sales.
Gross profit was $3.3M (28% margin), down from prior periods due to product mix.
Adjusted EBITDA for Q2 was negative $600K, with year-to-date adjusted EBITDA at negative $400K, a $600K improvement over last year.
Cash balance increased to $10.4M at Q2 end, up from $8.4M in Q1, supported by a $4.5M facility divestiture.
Operating expenses, excluding $2.2M proxy contest expense, were $4.3M, declining year-over-year and sequentially.
Outlook and guidance
Management expects positive revenue trends to continue, though quarterly variability is anticipated as international markets mature.
Focus remains on disciplined execution, sustainable growth, and further international expansion.
Ongoing investment in innovation, product launches, and M&A opportunities to drive future growth.
Plans to launch metered dose inhalers in international markets, including Australia and the UK.
Expects positive trend in Adjusted EBITDA to continue.
Elaborate on international growth opportunities.
How does Schedule III impact MediPharm?
Detail levers for achieving profitability.
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Next MediPharm Labs earnings date
Q3 202513 Nov, 2025
Next MediPharm Labs earnings date
Q3 202513 Nov, 2025
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Frequently asked questions
MediPharm Labs Corp specializes in the production and processing of cannabis concentrates and advanced derivative products for the medical, wellness, and recreational markets. The company offers purified cannabis extracts and formulated products. The company is headquartered in Barrie, Canada, and its shares are listed on the TSX.
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