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Cannabis Suisse (CSUI) Q3 FY25 earnings results (third quarter fiscal 2025)

10-Q filed Apr 17, 2025

Cannabis Suisse (CSUI) reported revenue of $8K for the third quarter fiscal 2025 (Q3 FY25), 0% from a year earlier and 0% from the quarter before. Operating margin was -890.5%, net earnings $30K (393.5% of revenue).

Revenue$8K
Year over year0%
Quarter over quarter0%
Operating margin-890.5%
Net earnings$30K

Cannabis Suisse, Q3 FY25: revenue $8K (0% year over year), operating margin -890.5%, net earnings $30K, operating cash flow −$11K. The chart follows the revenue to costs, profit and cash.

Q3 FY25AmountQ/QY/Y
Revenue$8K0%0%
Operating profit−$67K——
Net earnings$30K——
Operating cash flow−$11K——

What changed

Revenue was $8K in Q3 FY25, roughly flat year over year and roughly flat from the previous quarter.

Gross margin was 1.9%, down 6.4 points from a year earlier. Operating costs exceeded revenue by $67K, an operating margin of -890.5%. Operating expenses grew 5% against flat revenue. The fastest-growing cost line was General & admin (+12%). Net earnings were $30K. The effective tax rate was 0.0%. Non-operating items added $96K, 326% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$11K. Non-cash charges added back $1K of depreciation. Working capital and other items used $42K.

Questions

What was Cannabis Suisse's revenue in the third quarter fiscal 2025?

Cannabis Suisse (CSUI) reported revenue of $8K for the third quarter fiscal 2025 (Q3 FY25), 0% from a year earlier and 0% from the quarter before.

Was Cannabis Suisse profitable in the third quarter fiscal 2025?

Operating loss was $67K (-890.5% of revenue) and net earnings $30K.

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Source: Cannabis Suisse 10-Q on SEC EDGAR.