AUXLY CANNABIS GRP

The Auxly Cannabis Group has, after shareholder approval, consolidated its shares on a 14:1 basis and resumed trading of the new common shares. Details of the measure were published on July 22; the transfer agent is issuing new DRS certificates. Outstanding convertible notes will be adjusted accordingly, and the company does not disclose the total number of shares before or after the consolidation. » Mere på de.investing.com

Auxly Cannabis is carrying out a 14-for-1 share consolidation; consolidated trading on the Toronto Stock Exchange is expected to begin on July 28, 2026. The number of outstanding common shares will fall from about 1.42 billion to roughly 101.3 million, while percentage ownership and voting rights of shareholders remain unchanged and fractional shares will be rounded down. The shares will remain listed under the symbols XLY (TSX) and CBWTF (OTCQB); new CUSIP and ISIN numbers have been provided. Convertible securities will be adjusted on a proportional basis, and management stresses that this is not being done in preparation for a financing. » Mere på de.investing.com

Auxly Cannabis reported net revenue of CAD 39.8m for Q1 2026 (+22% YoY), well above industry growth and ahead of the CAD 35.9m forecast. Gross margin rose to 55% (+700 basis points) and adjusted EBITDA climbed 65% to CAD 12.3m; operating cash flow more than doubled to CAD 11.3m. Cash position was over CAD 42m with total debt of CAD 45m, while earnings per share remained unchanged and the stock reacted neutrally. » Mere på de.investing.com