The Motley Fool

AUGUST 22, 2023

When the Canadian market boomed after that nation's move to fully legalize cannabis, the companies did well. positioning itself to benefit if cannabis is ever federally legalized. will legalize cannabis federally anytime soon. Cannabis legalization is sweeping over North America – 19 states plus Washington, D.C.,

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The Motley Fool

AUGUST 24, 2024

The company reported earnings earlier this month, and for the period ending June 30, its net revenue rose by 12% year over year to 83.4 million Canadian dollars ($61 million) Its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) also rose by 87% to CA$4.9 million ($3.6 million ($4.8

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The Motley Fool

MARCH 2, 2024

That's to say nothing of the competing illegal market, the legal problems in the U.S., market once the country legalizes pot at the federal level. However, its negative CA$9 million in adjusted earnings before interests, taxes, depreciation, and amortization ( EBITDA ) jumped by 82% year over year. Even if the U.S.

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The Motley Fool

DECEMBER 10, 2023

Supreme Court ended the federal ban on sports gambling , allowing states to decide for themselves whether to make sports gambling legal for their residents. Over 20 states have legalized online sports betting with tens of billions of dollars spent yearly by gamblers betting on football, basketball, and more through these online portals.

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Legal Amortization Depreciation Earnings Before Interest 245

The Motley Fool

MAY 12, 2024

It has been reducing the scale of its operations to become leaner, while also focusing on the medicinal market -- which would likely be legalized before the recreational market. In the company's most recent earnings report, for the last three months of 2023, Aurora incurred a net loss of 25.6 Legalization in the U.S.

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The Motley Fool

MARCH 9, 2024

While the majority of Americans are in favor of legalizing marijuana, that doesn't mean that regulators have made it a priority to work on legislation or to push marijuana bills through Congress. While the assumption is that nationwide legalization will eventually come, it's anyone's guess when that might actually happen.

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The Motley Fool

OCTOBER 7, 2024

Supreme Court gave states the freedom to decide how and if they'd legalize and regulate sports betting. It expects its fiscal 2025 adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) to be between $900 million and $1 billion, and that profitability should continue. Image source: Statista.

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The Motley Fool

JULY 18, 2024

This is why many cannabis companies focus on their adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) numbers. There are some encouraging opportunities, such as in Germany, where the country recently legalized cannabis for personal use. million Canadian dollars ($1.4 once they open up.

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The Motley Fool

SEPTEMBER 21, 2023

First, in late August, the Department of Health and Human Services (HHS) officially recommended to the Drug Enforcement Agency (DEA) that marijuana should be rescheduled from Schedule I to Schedule III, even though cannabis legalization in the U.S. is still uncertain. Given the company's ongoing plan to pivot toward the U.S.

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Legal Amortization Depreciation Earnings Before Interest 246

The Motley Fool

APRIL 17, 2024

One thing you should know off the bat is that marijuana legalization isn't inevitable in the U.S., This wasn't an adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) profit, which many cannabis companies often focus on. They're also burning through tons of cash.

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The Motley Fool

JUNE 15, 2023

Last year, the company said that it expects the new segment to be profitable on an adjusted earnings before interest, taxes, depreciation and amortization ( EBITDA ) basis by fiscal 2024 (the company's year ends in August). Walgreens' stock is trading at just six times its trailing earnings.

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The Motley Fool

SEPTEMBER 28, 2023

Canopy Growth Canopy Growth (NASDAQ: CGC) is a Canadian cultivator that looks cheap and appears to be exposed to a lot of upside from cannabis legalization in the U.S., Management expects to reach positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) by the end of its 2024 fiscal year.

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The Motley Fool

JANUARY 21, 2024

During the boom of the Canadian cannabis market after the country legalized recreational marijuana in late 2018, it built out a smorgasbord of product lines and brands while capturing as much market share as possible via cultivation facilities and retail outlets.

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Amortization Depreciation Earnings Before Interest Legal 246

The Motley Fool

DECEMBER 28, 2023

The company is paying about 10 times estimated 2024 earnings before interest, taxes, depreciation, and amortization ( EBITDA ) for these assets. That implies they will supply it with about $200 million of incremental earnings next year. That's a decent amount of additional earnings for a company on track to produce $6.6

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The Motley Fool

DECEMBER 3, 2023

3M plans to spin off Solventum, carrying relatively high debt, aiming for a net debt-to-earnings before interest, taxation, depreciation, and amortization ( EBITDA ) ratio of 3 times to 3.5 Image source: Getty Images. 3M will retain a 19.9% times with an intent "to be positioned for rapid deleveraging." billion in net debt.

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The Motley Fool

MARCH 2, 2024

He noted how something looks off with the changes in net income, so even though a public company has fulfilled its legal duty by reporting "this worse-than-useless 'net income' figure" according to regulations, it makes him uncomfortable. Metric 2021 2022 2023 Net income (loss) $89.9 billion ($22.8 billion) $96.2 billion Operating income $27.6

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The Motley Fool

DECEMBER 31, 2023

Aurora reported an adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) profit of CA$3.4 But with cannabis investors losing heavily on pot stocks in recent years and no progress on marijuana legalization in the U.S., legalization efforts. million last quarter. the optimism has faded.

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The Motley Fool

SEPTEMBER 10, 2024

With sports betting now legal in 38 states, it's easy to presume DraftKings ' (NASDAQ: DKNG) highest-growth era is in the past. More states are apt to legalize sports-based wagering, but that could take more time and effort than was needed to get the first 38 on board. It takes time to get things going The U.S. billion the same year.

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The Motley Fool

JANUARY 6, 2024

The company expects to achieve a manageable net debt-to-adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA) ratio of 2.5 There was $129 billion in net debt on AT&T's balance sheet at the end of September, which isn't as frightening as it might seem. in the first half of 2025.

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Investing Debt Amortization Depreciation 240

The Motley Fool

MAY 29, 2024

The stock has always been a play on states' continued legalization of online sports and casino betting. This has steadily played out, with Vermont and North Carolina the latest to legalize sports betting. Florida has legalized online sports betting solely for the Seminole Tribe, although that action is being challenged in court.

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Legal Enterprise Values Depreciation Amortization 130

The Motley Fool

AUGUST 3, 2023

market upon federal legalization of cannabis. It also has a lot of potential in Europe, where cannabis legalization is spreading. Because of Aphria's presence in the European market before the merger, it is well positioned in Portugal and Germany. federal legalization. Furthermore, legalization in the U.S.

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Mergers and Acquisitions Legal Amortization Depreciation 130

The Motley Fool

JULY 18, 2024

A legalization domino effect could expand its total address market When the U.S. Supreme Court ruled in May 2018 that states could decide if and how to regulate sports betting, only five states had legalized it: Delaware, Nevada, New Jersey, Mississippi, and West Virginia. As of today, that number has jumped to 27. billion from $4.78

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The Motley Fool

JANUARY 9, 2024

Supreme Court declared the Professional and Amateur Sports Protection Act (PASPA) unconstitutional, paving the way for states to have the power to choose whether they wanted to legalize and regulate sports betting. had legalized some form of sports betting and were up and running. Legalization efforts seem to be gaining momentum.

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Legal Amortization Depreciation Earnings Before Interest 130

The Motley Fool

SEPTEMBER 10, 2023

The interest has always been there. Several more states have legalized mobile gambling, and sports betting in particular. While it still provides a variety of fantasy sports offerings, it also operates a conventional sportsbook where legally allowed. What's changed for these football fans? Not a lot, actually.

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Legal Amortization Depreciation Earnings Before Interest 130

The Motley Fool

AUGUST 23, 2023

Marijuana investors have been discouraged the past two years due to the lack of progress toward federal legalization in the U.S. Meanwhile, the Canadian cannabis market, despite being fully legal, appears to be saturated, causing problems for the companies there. Oversupply and pricing pressure in the U.S.

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Legal Debt Amortization Depreciation 130

The Motley Fool

MAY 12, 2024

After all, mediocre growth, declining margins, and costly legal issues have dogged the company in recent years, not to mention question marks around the sustainability of its dividend. The bullet has been bitten , and 3M's dividend will be cut, freeing up resources to meet legal settlements, restructure the business, and invest in growth.

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Legal Enterprise Values Amortization Depreciation 130

The Motley Fool

AUGUST 9, 2023

What happened Shares of LegalZoom (NASDAQ: LZ) were falling today after the legal assistance platform posted in-line results in its second-quarter earnings report but said prices were falling in the industry. On the bottom line, adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rose from $18.1

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Legal Amortization Depreciation Earnings Before Interest 130

The Motley Fool

JANUARY 7, 2024

In 2023, Fox quit the online sports betting business and DraftKings took share On industry consolidation, it appears as though DraftKings' first-mover position in legal U.S. Even large, public companies hoping to get into this newly legal industry have bowed out, with Fox Corporation (NASDAQ: FOX) being the latest casualty.

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The Motley Fool

MAY 8, 2024

Much of this comprised subscription revenue for the company's suite of legal services. Meanwhile, adjusted earnings before interest, taxes, depreciation and amortization ( EBITDA ) should land at $135 million to $145 million. That line item was a shade under $108 million, for growth of 10%. million, or $0.09

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Amortization Depreciation Earnings Before Interest Legal 130

The Motley Fool

MAY 5, 2024

analysts maintained a buy rating on the shares but raised the price target from $50 to $52, reflecting the upbeat earnings report. Why buy DraftKings stock The legalization and adoption of online gambling and sports betting continues to play out, as DraftKings launched its online sportsbook in Vermont and North Carolina in the first quarter.

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Amortization Depreciation Earnings Before Interest Legal 130

The Motley Fool

FEBRUARY 5, 2024

The legalization of sports gambling is gaining steam in the U.S., DraftKings excels at entering newly legalized markets and gaining customers quickly. states legalize sports betting, an additional $6 billion in annual adjusted EBITDA could be possible. This trend is a boon for DraftKings. million in the third quarter.

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The Motley Fool

AUGUST 24, 2023

It also reported a 93% increase in earnings before interest, taxes, depreciation, and amortization ( EBITDA ) to $22 million in the quarter, marking the company's 17th consecutive quarter of positive adjusted EBITDA. federal legalization alone and has established roots in the European market. million in its fiscal Q4.

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The Motley Fool

JANUARY 10, 2024

It also reported a record adjusted earnings before interests, taxes, depreciation, and amortization ( EBITDA ) of CA$3.4 Seeing the vast opportunities in this field after national legalization, scores of companies rushed to enter, leading to a supply glut. Better yet, what if legalization at the federal level happens?

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The Motley Fool

FEBRUARY 5, 2025

Because of the murky legal status of marijuana, with conflicts between state and federal regulations, many banks refuse to offer services to marijuana companies. Competition has been fierce among the legal growers, and, at the same time, illegal marijuana sales have remained a material portion of the industry.

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Legal Debt Amortization Depreciation 130

The Motley Fool

AUGUST 13, 2023

Particularly encouraging are the consecutive quarters of positive adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) , reaching $194 million in Q2. The implications of this legal battle could disrupt Coinbase's business model significantly.

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The Motley Fool

APRIL 12, 2024

Tilray now sees adjusted earnings before interest, taxes, depreciaition, and amortization ( EBITDA ) of $60 million to $63 million (versus previous guidance for $68 million to $78 million), and management no longer expects to achieve positive free cash flow this year as previously anticipated.

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The Motley Fool

JANUARY 15, 2024

Governments around the world are legalizing sports betting to boost tax revenue. More states, including potentially massive markets like California, are expected to legalize sports gambling to shore up their heavily strained budgets in the coming years. Within the U.S., DraftKings operates sportsbooks in 26 states.

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