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iAnthus reports Q4 results
- What: iAnthus reports Q4 revenue of $**13.4 million**, a decrease of **-22%** from the same period last year.
- Why: The decline is attributed to the company's ongoing restructuring efforts and reduced cannabis sales in certain markets.
- Signal: iAnthus' Q4 gross margin expanded to **44%**, indicating potential cost savings from operational improvements.
- Target: The company has set a goal to achieve **$50 million** in annual revenue by the end of 2027.
- Risk: iAnthus' liquidity remains a concern, with cash and cash equivalents totaling only **$12.1 million** at the end of Q4.