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Red Light Holland (TRIP) investor relations material
Red Light Holland Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary27 Aug, 2025
Executive summary
Q1 2026 revenue was $1.301M, down from $1.559M in Q1 2025, with gross profit at $0.447M versus $0.625M year-over-year.
Adjusted EBITDA loss increased slightly to $0.577M from $0.562M in Q1 2025.
Cash balance at quarter-end was $11.454M, reflecting higher cash use due to debt repayment and Bitcoin ETF purchase.
Entered U.S. retail via Albertsons (Safeway) with Happy Caps Mushroom Home Grow Kits and launched Health Canada-approved mushroom gummies on Amazon.
Continued R&D partnerships, including potency testing for medical-grade psilocybin and collaboration with Arizona State University.
Financial highlights
Revenues declined year-over-year to $1.301M from $1.559M.
Gross profit decreased to $0.447M from $0.625M in Q1 2025.
Adjusted EBITDA loss was $0.577M, slightly higher than $0.562M in Q1 2025.
Total assets at $20.141M, down from $21.221M as of March 31, 2025.
Outlook and guidance
Management remains optimistic, citing a diversified foundation, innovation in psilocybin research, and a focus on fiscal responsibility.
Plans to expand retail distribution, continue R&D, and pursue M&A opportunities targeting CPG companies with strong brands.
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Next Red Light Holland earnings date
Q2 202612 Dec, 2025
Next Red Light Holland earnings date
Q2 202612 Dec, 2025
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