Private company

Ayr Wellness Inc.

Last updated Oct 16, 2026.

Overview

$463.6MRevenue, fiscal 20242
-$359.3MNet income, fiscal 20242
  • IndustryMedicinal Chemicals & Botanical Products
  • HeadquartersA1
  • Incorporated inBritish Columbia, Canada3
  • Business address199 Bay Street, Suite 5300, Toronto, M5L 1B93
  • Filer category, Emerging growth company3

See how the biggest companies compare on our leaderboards

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

38.1%Gross margin2
-34.7%Operating margin2
-77.5%Net margin2
0.0%Revenue growth, 20242
-94.7%Return on equity2
1.02×Debt to equity2
-$8.1MFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue50¢$287.0M
  • Selling, general and admin29¢$167.1M
  • Interest14¢$78.3M
  • Income tax8¢$43.3M

Out of $463.6M in revenue.2 The company lost money this year.

Where each dollar of operating cash went, fiscal 2024

  • Capital spending100¢$17.7M

Out of $9.6M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.2

Financial statements

Revenue45672$463.6M in 2024+517% since 2019
0$200.0M$400.0M$600.0M2019: $75.2M$75.2M20192020: $155.1M$155.1M2020+106%2021: $357.6M$357.6M2021+131%2022: $421.4M$421.4M2022+18%2023: $463.6M$463.6M2023+10%2024: $463.6M$463.6M2024+0%
Gross profit45672$176.7M in 2024+573% since 2019
0$100.0M$200.0M$300.0M2019: $26.3M$26.3M20192020: $88.8M$88.8M2020+238%2021: $138.1M$138.1M2021+56%2022: $175.0M$175.0M2022+27%2023: $202.4M$202.4M2023+16%2024: $176.7M$176.7M2024−13%
Operating income45672-$161.0M in 2024+330% since 2019
-$300.0M-$200.0M-$100.0M0$100.0M2019: -$37.5M-$37.5M20192020: $1.2M$1.2M20202021: -$56.0M-$56.0M20212022: -$207.3M-$207.3M2022+270%2023: -$37.1M-$37.1M2023−82%2024: -$161.0M-$161.0M2024+334%
Net income45672-$359.3M in 2024+119% since 2019
-$400.0M-$300.0M-$200.0M-$100.0M02019: -$164.2M-$164.2M20192020: -$24.6M-$24.6M2020−85%2021: -$17.0M-$17.0M2021−31%2022: -$245.5M-$245.5M2022+1348%2023: -$272.4M-$272.4M2023+11%2024: -$359.3M-$359.3M2024+32%
Fiscal year2018201920202021202220232024
Revenue$75.2M4$155.1M5$357.6M6$421.4M7$463.6M2$463.6M2
Cost of revenue$246.5M7$261.2M2$287.0M2
Gross profit$26.3M4$88.8M5$138.1M6$175.0M7$202.4M2$176.7M2
Selling, general and admin$212.5M7$177.8M2$167.1M2
Operating income-$37.5M4$1.2M5-$56.0M6-$207.3M7-$37.1M2-$161.0M2
Interest$28.3M7$39.4M2$78.3M2
Income tax$44.7M7$47.4M2$43.3M2
Net income-$164.2M4-$24.6M5-$17.0M6-$245.5M7-$272.4M2-$359.3M2
Earnings per share-$0.885-$0.306-$3.587-$3.682-$3.242
Earnings per share (diluted)-$0.885-$0.306-$3.587-$3.682-$3.242

Compare Ayr Wellness Inc. with another company

Recent filings

  1. Oct 6, 20266-K
  2. Apr 13, 20266-K
  3. Jan 22, 20266-K
  4. Nov 26, 20256-K
  5. Nov 17, 20256-K
  6. Nov 14, 20256-K
  7. Oct 14, 20256-K
  8. Sep 15, 20256-K
  9. Sep 12, 20256-K
  10. Sep 9, 20256-K
  11. Aug 29, 20256-K
  12. Aug 8, 20256-K
  13. Jul 30, 20256-K
  14. Jul 28, 20256-K
  15. Jul 18, 20256-K

Every filing from the last three years, summarized. The full record is on SEC EDGAR.1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7