Annuncio • 15h
Aurora Cannabis Inc., Annual General Meeting, Aug 07, 2026 Aurora Cannabis Inc., Annual General Meeting, Aug 07, 2026. New Risk • May 12
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: CA$84m Forecast net loss in 1 year: CA$33m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company. Annuncio • Apr 17
Aurora Cannabis Inc. (TSX:ACB) acquired Safari Flower Co. for CAD 28.8 million. Aurora Cannabis Inc. (TSX:ACB) acquired Safari Flower Co. for CAD 28.8 million on April 14, 2026. The consideration for the transaction consists of CAD 15 million in cash, subject to customary adjustments post-closing, issuance of 2.4 million Aurora common shares, and CAD 2 million that is contingent on satisfaction of certain conditions.
The transaction is expected to be accretive.
Aurora Cannabis Inc. (TSX:ACB) completed the acquisition of Safari Flower Co. on April 14, 2026. Annuncio • Feb 11
Aurora Advances Global Medical Growth Strategy with Portfolio Expansion in Australia & New Zealand Aurora Cannabis Inc. is expanding its Aurora medical portfolio in Australia and New Zealand, delivering patients and prescribers enhanced choice, reliable quality, and easier access to science-backed products. The expansion underscores the company's ongoing dedication to meeting the unique needs of patients and healthcare professionals in the region, reflecting Aurora's strategic focus on long-term global growth. The expansion in New Zealand this month includes two new THC flower products - Big Wave, Night Ride, as well as the balanced strain, Half Moon™ coming soon in first quarter of fiscal year27. The brand will also debut four new resin cartridges in Australia this month including, Chemango Kush, Cosmic Cream, Lunar Express, and Soul Train Haze. Each new product is derived from Aurora's proprietary genetics, and manufactured at the company's leading EU-GMP and TGA-GMP certified facilities in Canada, ensuring the highest standards of quality and safety. New Zealand Launches: Big Wave™ - Flower, Hybrid, THC 26%, CBD; Night Ride™ - Flower, Indica, THC 29%, CBD; Half Moon™ - Flower, hybrid, THC 9%, CBD; Australia Launches: Chemango™ Kush - Resin Cartridge, Indica, THC 780mg/g, CBD. The Company cautions that the list of risks, uncertainties and other factors described in the AIF is not exhaustive and other factors could also adversely affect its results. Price Target Changed • Feb 06
Price target decreased by 7.5% to CA$7.62 Down from CA$8.24, the current price target is an average from 5 analysts. New target price is 60% above last closing price of CA$4.77. Stock is down 45% over the past year. The company is forecast to post a net loss per share of CA$1.28 compared to earnings per share of CA$0.30 last year. Reported Earnings • Feb 05
Third quarter 2026 earnings released: EPS: CA$0.03 (vs CA$0.57 in 3Q 2025) Third quarter 2026 results: EPS: CA$0.03 (down from CA$0.57 in 3Q 2025). Revenue: CA$94.2m (up 6.8% from 3Q 2025). Net income: CA$1.98m (down 94% from 3Q 2025). Profit margin: 2.1% (down from 36% in 3Q 2025). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Pharmaceuticals industry in Canada. Over the last 3 years on average, earnings per share has increased by 143% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Annuncio • Feb 04
Aurora Cannabis Inc. has filed a Follow-on Equity Offering in the amount of $100 million. Aurora Cannabis Inc. has filed a Follow-on Equity Offering in the amount of $100 million.
Security Name: Common Shares
Security Type: Common Stock
Transaction Features: At the Market Offering Annuncio • Jan 22
Aurora Cannabis Inc. to Report Q3, 2026 Results on Feb 04, 2026 Aurora Cannabis Inc. announced that they will report Q3, 2026 results at 9:30 AM, US Eastern Standard Time on Feb 04, 2026 Annuncio • Jan 14
Aurora Cannabis Inc. Announces Significant Progress in powdery mildew Disease Resistance Research Aurora Cannabis Inc. announced significant progress in its powdery mildew (PM) resistance research, nearly one year after the company's breakthrough discovery of a novel source of genetic resistance against powdery mildew, PM2. Since the initial discovery, Aurora has performed multiple rounds of crosses to transfer PM2 resistance into elite breeding lines. The research involves testing in breeding populations through controlled infection trials with high disease pressure, validating the durability and effectiveness of PM2 resistance. These trials are done to ensure that disease resistance is integrated into high-performing genetics without compromising quality traits, that are critical for patients and consumers globally. The company has recently shared its research at leading scientific and industry conferences, including the Plant & Animal Genome Conference, the Canadian Society for Horticultural Science & Canadian Society of Agronomy 2025 Conference, the 4th Annual Cannabis Scientific Symposium at the McGill Research Centre for Cannabis, and the PhotoX Conference. The proprietary genetic marker technology behind PM2 was developed by scientists at Aurora Coast, the company's world-class research and development facility, and builds from Aurora's previous collaboration with researchers at the University of British Columbia and research funding from Genome British Columbia. Should the production trials be successful, the company will look to commercialize PM-resistance cultivars later this year, which will protect plant health, reduce operational costs and improve product quality. As a global medical cannabis company enabled by science, Aurora continues to push the boundaries of cannabis science. By integrating advanced breeding techniques with rigorous research, Aurora is setting new standards for quality and efficiency, all while creating a strong production network to support existing and future markets. This intellectual property is currently patent pending in Canada, United States, Europe, Australia, New Zealand, and Israel. Price Target Changed • Dec 11
Price target decreased by 7.4% to CA$7.80 Down from CA$8.43, the current price target is an average from 4 analysts. New target price is 25% above last closing price of CA$6.25. Stock is up 3.3% over the past year. The company is forecast to post a net loss per share of CA$0.71 compared to earnings per share of CA$0.30 last year. Reported Earnings • Nov 06
Second quarter 2026 earnings released: CA$0.91 loss per share (vs CA$0.048 profit in 2Q 2025) Second quarter 2026 results: CA$0.91 loss per share (down from CA$0.048 profit in 2Q 2025). Revenue: CA$90.4m (up 11% from 2Q 2025). Net loss: CA$51.6m (down CA$54.2m from profit in 2Q 2025). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Pharmaceuticals industry in Canada. Over the last 3 years on average, earnings per share has increased by 140% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Annuncio • Oct 23
Aurora Cannabis Inc. to Report Q2, 2026 Results on Nov 05, 2025 Aurora Cannabis Inc. announced that they will report Q2, 2026 results Pre-Market on Nov 05, 2025 Recent Insider Transactions Derivative • Sep 26
Insider exercised options and sold CA$52k worth of stock On the 23rd of September, Lori Schick exercised options to acquire 7k shares at no cost and sold these for an average price of CA$7.08 per share. This trade did not impact their existing holding. Since September 2024, Lori has owned 12.98k shares directly. Company insiders have collectively sold CA$141k more than they bought, via options and on-market transactions in the last 12 months. Annuncio • Aug 14
Aurora Cannabis Inc. Announces Executive Changes Aurora Cannabis Inc. announced that Theresa Firestone resigned from Aurora's Board of Directors effective August 31, 2025. Ms. Firestone was first appointed to the Aurora Board in 2021 and most recently served as Chair of the Human Resources and Compensation Committee (the "HRCC"). Immediately following the Meeting, and in addition to ratifying Michael Singer as the new Lead Independent Director, the Board has appointed Michael Singer to the role of Chair of the HRCC. Annuncio • Aug 08
Aurora Cannabis Inc. Provides Consolidated Earnings Guidance for the Second Quarter of 2026 Aurora Cannabis Inc. provided consolidated earnings guidance for the second quarter of 2026. for the quarter, the company expects net revenue increase year over year, driven primarily by 8% to 12% growth in its Global Medical Cannabis segment. Reported Earnings • Aug 06
First quarter 2026 earnings released: CA$0.26 loss per share (vs CA$0.12 profit in 1Q 2025) First quarter 2026 results: CA$0.26 loss per share (down from CA$0.12 profit in 1Q 2025). Revenue: CA$98.0m (up 18% from 1Q 2025). Net loss: CA$14.7m (down 337% from profit in 1Q 2025). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Pharmaceuticals industry in Canada. Over the last 3 years on average, earnings per share has increased by 131% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Annuncio • Jul 24
Aurora Cannabis Inc. to Report Q1, 2026 Results on Aug 06, 2025 Aurora Cannabis Inc. announced that they will report Q1, 2026 results Pre-Market on Aug 06, 2025 Annuncio • Jun 26
Aurora Expands Patient Access to Medical Cannabis in Canada with Extended Compassionate Pricing Program Aurora Cannabis Inc. have recently expanded eligibility of their medical compassionate pricing program in Canada. As part of the company's ongoing commitment to making medical cannabis more accessible to patients, the yearly income eligibility of the program has increased from $40,000 to $60,000 for Aurora patients through AuroraMedical.com. The changes to the compassionate pricing program are available alongside new medical cannabis products, including: Aurora | Mediora Minis - Cannatonic CBD Flower, Sativa (10mg); Daily Special | Sativa J's - THC Pre-Rolls, Sativa (7 x 0.3g); WMMC | Seasonal Stash Petro Biscuit - THC Flower, Indica (10mg). In addition to the compassionate pricing program, Aurora offers resources to seniors, pediatric patients, veterans, first responders, and others seeking care through medical cannabis. Patients can visit for more information and to connect with the Aurora client care team for further support. Major Estimate Revision • Jun 25
Consensus EPS estimates fall by 33% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CA$378.9m to CA$370.1m. EPS estimate also fell from CA$0.24 per share to CA$0.16 per share. Net income forecast to shrink 76% next year vs 34% growth forecast for Pharmaceuticals industry in Canada . Consensus price target down from CA$10.30 to CA$9.24. Share price fell 15% to CA$5.47 over the past week. New Risk • Jun 22
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 34% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Price Target Changed • Jun 19
Price target decreased by 8.3% to CA$9.44 Down from CA$10.30, the current price target is an average from 5 analysts. New target price is 54% above last closing price of CA$6.12. Stock is down 19% over the past year. The company is forecast to post earnings per share of CA$0.16 for next year compared to CA$0.30 last year. Reported Earnings • Jun 18
Third quarter 2025 earnings released: EPS: CA$0.57 (vs CA$0.34 loss in 3Q 2024) Third quarter 2025 results: EPS: CA$0.57 (up from CA$0.34 loss in 3Q 2024). Revenue: CA$88.2m (up 37% from 3Q 2024). Net income: CA$31.6m (up CA$47.5m from 3Q 2024). Profit margin: 36% (up from net loss in 3Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 4 years, compared to a 10% growth forecast for the Pharmaceuticals industry in Canada. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CA$6.40, the stock trades at a forward P/E ratio of 24x. Average trailing P/E is 18x in the Pharmaceuticals industry in Canada. Total loss to shareholders of 62% over the past three years. Annuncio • Jun 05
Aurora Cannabis Inc. Expands Medical Cannabis Offerings in Australia with the Launch of IndiMed TEMPO 22 Aurora Cannabis Inc. has expanded their popular IndiMed brand with the launch of IndiMed TEMPO 22, available through the company's subsidiary, MedReleaf Australia. With the same consistent quality and reliable supply, this new 22% THC potency creates a greater range of treatment options available to prescribers. IndiMed remains one of the most prescribed medical cannabis brands for patients in Australia. The two new Cultivars available include: IndiMed TEM PO 22 | Lemon Laser - Sativa, 22% THC, IndiMed TEMPO22 | Pickled Petrol - Indica, 22% THC, Aurora's continued focus on international growth and deep commitment to providing patients with innovative products and expanded access enables the company to maintain its global leadership position. MedReleaf Australia, a wholly owned subsidiary of Aurora, is committed to quality and proudly meeting all TGA-GMP standards. Annuncio • Jun 04
Aurora Cannabis Inc. to Report Q4, 2025 Results on Jun 18, 2025 Aurora Cannabis Inc. announced that they will report Q4, 2025 results Pre-Market on Jun 18, 2025 Annuncio • May 26
Aurora Cannabis Inc., Annual General Meeting, Aug 08, 2025 Aurora Cannabis Inc., Annual General Meeting, Aug 08, 2025. Annuncio • Apr 15
Aurora Cannabis Introduces the Company's First Inhalable Resin Cartridges for Patients in the United Kingdom Aurora Cannabis Inc. has announced the availability of medical cannabis concentrates to patients in the United Kingdom (UK). This launch marks the company's meaningful step in offering its proprietary cultivar-specific inhalable cannabis extracts in the UK market. These products are available to patients in Canada and Australia and this launch reinforces Aurora's commitment to expanding patient access to an even greater variety of high-quality, premium medical cannabis globally. The two novel cultivar-specific Aurora 1.2g resin cartridges have been developed from two highly sought-after proprietary cultivars: Sourdough (indica) and Electric Honeydew (sativa). The inhalation method of these cartridges offers an ideal solution for fast and controlled delivery of medical cannabis. Key benefits of cannabis inhalers include: Exceptional Flavour Profiles: Connected to popular flower products, these strain-specific cartridges use high-quality terpenes and pure extracts to deliver rich and authentic flavours; High Potency: Ensures a powerful, consistent, controllable experience with each dose; Safety and Quality: Manufactured in facilities, adhering to strict TGA-GMP quality control and safety standards. These cartridges contain no additives, representing the pinnacle of cannabis purity; User-Friendly Design: Easy to use, making it a convenient, portable and discreet choice for patients. Aurora's portfolio of cannabis products is available nationwide for cannabis retailers to offer. Patients may contact their clinic for further information or consult their doctor. Annuncio • Mar 20
Aurora Cannabis Inc. Announces the Discovery of a Novel Source of Genetic Resistance Against Powdery Mildew, PM2 Aurora Cannabis Inc. announced the Company's discovery of a novel source of genetic resistance against powdery mildew, PM2, that provides strong protection against this pathogen in cannabis sativa. The development of this proprietary genetic marker technology, which is now in use in Aurora's breeding program, is set to produce powdery mildew resistant cultivars that will be explored for commercial launch this year. In the peer reviewed research lead by Jose Celedon, Principal Scientist of Breeding and Genetics at Aurora, in collaboration with researchers at The University of British Columbia, it is noted that, " breeding genetic resistance to economically important crop diseases is the most sustainable strategy for disease management and enhancing agricultural and horticultural productivity, particularly where the application of synthetic pesticides is prohibited" (Seifi, et al.) The discovery of PM2 will further the company's mission to enhance the biosecurity of production facilities, reduce production costs, and improve product quality. As a global medical cannabis company enabled by science, Aurora's dedication to scientific research and innovation has led to remarkable advancements, notably boosting potency and yield. These improvements have overall reduced costs and increased efficiency. This cutting-edge genetic research and development differentiates Aurora from others in the industry, as it aims to surpass traditional breeding limitations, leading to advanced cultivation methods and new market opportunities worldwide. New Risk • Mar 19
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 31% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 31% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Large one-off items impacting financial results. Significant insider selling over the past 3 months (CA$125k sold). Major Estimate Revision • Feb 21
Consensus EPS estimates fall by 27% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from CA$0.617 to CA$0.45 per share. Revenue forecast steady at CA$343.0m. Net income forecast to grow 35% next year vs 44% growth forecast for Pharmaceuticals industry in Canada. Consensus price target up from CA$10.00 to CA$10.25. Share price fell 6.7% to CA$8.34 over the past week. Annuncio • Feb 21
Aurora Cannabis Inc. Expands Medical Cannabis Pastille Offerings in Australia Aurora Cannabis Inc. has announced the company's extended pastille offerings in Australia. This expansion marks another meaningful step in Aurora's deep commitment to offering patients a diverse range of high-quality, premium medical cannabis products to meet their various needs and interests. Medical cannabis pastilles offer several key benefits, including easy oral intake. The prolonged effects provide long-lasting and extended relief after digestion. Pastilles also come in an accessible format that is discrete, portable, and convenient. The pastilles that are now available in Australia include: Aurora Pastilles - 10mg THC Pomegranate Berry (30 pack) Aurora Pastilles - 10:10 Balanced Pineapple (30 pack) Aurora Pastille - 25mg CBD Acai Berry (30 pack) Aurora maintains its position as the largest global medical cannabis company operating in nationally legal markets. The company has a robust innovation pipeline planned for global introduction over the course of the coming months, bringing variety and new options to patients. Recent Insider Transactions • Feb 19
Insider recently sold CA$125k worth of stock On the 12th of February, Andre Jerome sold around 13k shares on-market at roughly CA$9.30 per share. This transaction amounted to 58% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CA$9.06, the stock trades at a forward P/E ratio of 24x. Average trailing P/E is 24x in the Pharmaceuticals industry in Canada. Total loss to shareholders of 85% over the past three years. Annuncio • Feb 07
Aurora Cannabis Inc. Reports Unaudited Consolidated Impairment of Property, Plant and Equipment for the Third Quarter Ended December 31, 2024 Aurora Cannabis Inc. reported unaudited consolidated impairment of property, plant and equipment for the third quarter ended December 31, 2024. For the quarter, the company reported impairment of property, plant and equipment of CAD 567,000. Price Target Changed • Feb 06
Price target increased by 14% to CA$10.00 Up from CA$8.75, the current price target is an average from 6 analysts. New target price is 12% above last closing price of CA$8.96. Stock is up 66% over the past year. The company is forecast to post earnings per share of CA$0.62 next year compared to a net loss per share of CA$1.28 last year. New Risk • Feb 05
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 41% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 41% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (15% increase in shares outstanding). Board Change • Feb 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Director Rajesh Uttamchandani was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Jan 23
Aurora Cannabis Inc. to Report Q3, 2025 Results on Feb 05, 2025 Aurora Cannabis Inc. announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 05, 2025 Major Estimate Revision • Dec 18
Consensus EPS estimates fall by 23% The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -CA$0.15 to -CA$0.185 per share. Revenue forecast of CA$328.8m unchanged since last update. Pharmaceuticals industry in Canada expected to see average net income growth of 48% next year. Consensus price target down from CA$9.20 to CA$8.75. Share price rose 3.9% to CA$6.42 over the past week. Annuncio • Nov 21
Aurora Cannabis Inc. Expands Innovative Recreational Product Portfolio Aurora Cannabis Inc. announced its latest lineup of innovations from Greybeard, San Rafael '71 and Tasty's brands. With a continued focus on premium, science-driven offerings, this expanded lineup represents Aurora's commitment to delivering exceptional high quality, cutting-edge and diverse options for Canadian cannabis consumers. Aurora boasts a leading portfolio of brands that Canadians know and love, including Greybeard, San Rafael ' 71 and Tasty's. Following Tasty's inaugural year in the Canadian adult market, the brand leaned into valuable consumer insights to develop. The new offerings reinforce Tasty's commitment to quality, creativity, and an unforgettable cannabis experience. The latest products available across Canada include the following: Greybeard | Banana GasPure Live Resin Vape, awakens senses with authentic notes of gassy bananas on the inhale and a savoury, umami finish on the exhale. Greybeard | Country Lemon Terp Slush (1g); live resin extract featuring a bright, golden hue and a smooth, suugary texture. Greybeard | Critical Diesel Pre-Rolls (3 x 0.5g); crafted from 100% whole milled bud, not trim, these pre-rolls are an effortless way to experience Greybeard's latest craft sativa - known for its unique blend of cherry, grape, strawberry, vanilla and gas aromas. San Rafael '71 | 20 Pack Pre-Rolls (20 x 0.5g); made in response to the growing demand for bulk pre-roll options; perfect for those who appreciate consistency and value. Tasty's | Mango Diamond Infused Pre-Rolls, Indica (3 x 0.5 g), infused with ultra- powerful THC-A diamonds, with a burst of tangy, sun-kissed mango flavours enhanced by botanical terpenes. Tasty's | Honeydew Diamond Infused Pre- Rolls, Sativa (3 x 0.5G), infused with THC-A diamonds, with ripe, refreshing honeydew flavour. Tasty's | Melon Diamond Infused Pre-Rolling Pre-Rolls, Sativa (3x 0.5g), created with THC-A diamonds and refreshing sweet melon flavours. Tasty's | Grape 510 Vape (1.2g), offers an unbeatable combination of taste and 1000mg of THC to deliver a tangling sweetness with subtle tanginess. Aurora's portfolio of cannabis products are made available nationwide for cannabis retailers to offer. Major Estimate Revision • Nov 13
Consensus estimates of losses per share improve by 75% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CA$305.2m to CA$329.1m. EPS estimate increased from -CA$0.594 per share to -CA$0.15 per share. Pharmaceuticals industry in Canada expected to see average net income growth of 51% next year. Consensus price target down from CA$9.92 to CA$9.20. Share price fell 22% to CA$6.59 over the past week. New Risk • Nov 12
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: CA$30m Forecast net loss in 1 year: CA$409k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable next year (CA$409k net loss next year). Shareholders have been diluted in the past year (15% increase in shares outstanding). Breakeven Date Change • Nov 08
Forecast to breakeven in 2026 The 6 analysts covering Aurora Cannabis expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 75% to 2025. The company is expected to make a profit of CA$2.59m in 2026. Average annual earnings growth of 81% is required to achieve expected profit on schedule. Annuncio • Nov 08
Aurora Cannabis Inc. Announces Notice of Proposed Settlement of Class Action Involving All Persons and Entities Who Purchased Aurora Cannabis Inc. Common Stock Between October 23, 2018 and February 28, 2020, Inclusive Aurora Cannabis Inc. announces that hearing will be held on January 28, 2025, at 2:00 p.m., before the Honorable James B. Clark, III at the United States District Court, District of New Jersey, Frank R. Lautenberg Post Office & U.S. Courthouse, 2 Federal Square, Newark, New Jersey 07102, to determine whether: (1) the proposed settlement (the "Settlement") of the above-captioned Litigation as set in the Stipulation of Settlement ("Stipulation")[1] for $8.05 million in cash should be approved by the Court as fair, reasonable, and adequate; (2) the Judgment as provided under the Stipulation should be entered dismissing the Litigation with prejudice; (3) to award Lead Plaintiffs' Counsel attorneys' fees and expenses out of the Settlement Fund (as defined in the Notice of Pendency and Proposed Settlement of Class Action ("Notice"), which is discussed below) and, if so, in what amounts; (4) to reimburse Lead Plaintiffs for their time and expenses in connection with their representation of the Settlement Class and, if so, in what amounts; and (5) the Plan of Allocation should be approved by the Court as fair, reasonable, and adequate. To share in the distribution of the Net Settlement Fund, one must establish rights by submitting a Proof of Claim and Release form ("Proof of Claim") by mail (postmarked no later than February 27, 2025) or electronically via the website (no later than February 27, 2025). Reported Earnings • Nov 07
Second quarter 2025 earnings released: EPS: CA$0.05 (vs CA$0.048 in 2Q 2024) Second quarter 2025 results: EPS: CA$0.05 (up from CA$0.048 in 2Q 2024). Revenue: CA$81.1m (up 28% from 2Q 2024). Net income: CA$2.60m (up 40% from 2Q 2024). Profit margin: 3.2% (up from 2.9% in 2Q 2024). Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Pharmaceuticals industry in Canada. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 58% per year, which means it is significantly lagging earnings. Annuncio • Oct 25
Aurora Cannabis Inc. to Report Q2, 2025 Results on Nov 06, 2024 Aurora Cannabis Inc. announced that they will report Q2, 2025 results Pre-Market on Nov 06, 2024 Annuncio • Sep 21
Aurora Cannabis Inc. Announces Board Changes and Changes to Board Committee Compositions Aurora Cannabis Inc. announced the appointments of CEO Miguel Martin to the additional role of executive chairman and outgoing chairman Ron Funk as lead independent director. Both are backed by unanimous votes by the company's board of director and are effective immediately. Martin has led Aurora as CEO and a director since 2020, driving the company's financial recovery and successful business transformation. Changes to Board Committee Compositions: Michael Singer, who previously acted as executive chairman and interim CEO, was appointed to the Audit Committee and the Human Resource and Compensation Committee. Rajesh Uttamchandani was appointed to the HRCC and the Nominating and Corporate Governance Committee. Price Target Changed • Sep 10
Price target increased by 13% to CA$9.92 Up from CA$8.78, the current price target is an average from 7 analysts. New target price is 35% above last closing price of CA$7.33. Stock is down 41% over the past year. The company is forecast to post a net loss per share of CA$0.59 next year compared to a net loss per share of CA$1.28 last year. Major Estimate Revision • Aug 14
Consensus EPS estimates fall by 29%, revenue upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from CA$301.0m to CA$307.7m. Forecast EPS reduced from -CA$0.465 to -CA$0.602 per share. Pharmaceuticals industry in Canada expected to see average net income growth of 46% next year. Consensus price target up from CA$8.78 to CA$9.21. Share price rose 13% to CA$9.18 over the past week. Reported Earnings • Aug 08
First quarter 2025 earnings: EPS and revenues exceed analyst expectations First quarter 2025 results: EPS: CA$0.12 (up from CA$0.59 loss in 1Q 2024). Revenue: CA$83.4m (up 11% from 1Q 2024). Net income: CA$6.22m (up CA$27.0m from 1Q 2024). Profit margin: 7.5% (up from net loss in 1Q 2024). Revenue exceeded analyst estimates by 7.6%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Pharmaceuticals industry in Canada. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 52% per year, which means it is significantly lagging earnings. Annuncio • Jul 29
Aurora Cannabis Inc. to Report Q1, 2025 Results on Aug 07, 2024 Aurora Cannabis Inc. announced that they will report Q1, 2025 results Pre-Market on Aug 07, 2024 Price Target Changed • Jun 27
Price target decreased by 13% to CA$8.43 Down from CA$9.68, the current price target is an average from 8 analysts. New target price is 30% above last closing price of CA$6.51. Stock is down 7.0% over the past year. The company is forecast to post a net loss per share of CA$0.39 next year compared to a net loss per share of CA$1.28 last year. Major Estimate Revision • Jun 27
Consensus EPS estimates fall by 550% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CA$316.4m to CA$301.0m. Losses expected to increase from CA$0.06 per share to CA$0.39. Pharmaceuticals industry in Canada expected to see average net income growth of 54% next year. Consensus price target down from CA$9.68 to CA$8.43. Share price fell 16% to CA$6.51 over the past week. Reported Earnings • Jun 21
Full year 2024 earnings released: CA$1.28 loss per share (vs CA$8.22 loss in FY 2023) Full year 2024 results: CA$1.28 loss per share (improved from CA$8.22 loss in FY 2023). Revenue: CA$270.3m (up 16% from FY 2023). Net loss: CA$55.3m (loss narrowed 79% from FY 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Pharmaceuticals industry in Canada. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 59% per year, which means it is significantly lagging earnings. Breakeven Date Change • Jun 21
Forecast breakeven date pushed back to 2027 The 6 analysts covering Aurora Cannabis previously expected the company to break even in 2026. New consensus forecast suggests losses will reduce by 91% per year to 2026. The company is expected to make a profit of CA$18.7m in 2027. Average annual earnings growth of 71% is required to achieve expected profit on schedule. Annuncio • May 16
Aurora Cannabis Inc. Appoints Rajesh Uttamchandani to its Board of Directors Aurora Cannabis Inc. announced the appointment of Rajesh Uttamchandani to the Company's Board of Directors, effective May 15, 2024. Mr. Uttamchandani joins the Board with notable expertise in strategy development, innovation, human capital and governance. His impressive career is characterized by executive level roles with leading businesses in emerging technology, FinTech, human capital consulting and global education. Most recently, he was the Chief People Officer for ApplyBoard. Previous roles include serving as Chief Operating Officer and Chief People Officer at MaRs Discovery District and Chief Human Resources Officer and Managing Director at Zafin. Mr. Uttamchandani brings to Aurora a wealth of experience as current and past Director for private and public organizations, including LifeSpeak, Ontario Cannabis Stores, Mackenzie Health, and several not-for-profit organizations. Mr. Uttamchandani holds several degrees and professional designations, including a Master of Industrial Relations and Human Resources from University of Toronto; a Juris Doctor from Osgoode Hall Law School; and an L.L.M in Employment and Labour, also from Osgoode Hall Law School. He is a holder of the Institute of Corporate Directors Director designation (ICD.D) and is a lawyer called to the Bar of Ontario. Annuncio • Apr 30
Aurora Cannabis Inc. in Conjunction with MedReleaf Australia, Announce Expansion of its Portfolio with Introduction of New Range of Premium Dried Cannabis Flower Products Aurora Cannabis Inc. in conjunction with MedReleaf Australia, announced the expansion of its portfolio with the introduction of a new range of premium dried cannabis flower products. Now available for doctors to prescribe to patients in Australia, the new products developed by Aurora and manufactured at its EU-GMP and TGA-GMP certified facility, will be distributed by MedReleaf Australia. The new dried flowers, including Black Jelly, Chemango Kush, and Moon Berry, are proprietary cultivars cultivated exclusively by Aurora. Vespera, a previously existing proprietary cultivar, is also set for relaunch under the Aurora brand. These products mark a significant step forward for MedReleaf Australia as they continue to expand their offerings under the Aurora brand. The dried flower products are available now in four 10g formats including: Aurora Moon Berry T9/C13 Balanced; Aurora Black Jelly T28/C1 Sativa; Aurora Chemango Kush T29/C1 Indica; and Aurora Vespera T1/C17 CBD. The expanded range of Aurora products caters to the market demand for more affordable options without compromising on quality. With a focus on sustainability, the 2.0 genetics employed in these cultivars ensure reliable large-scale cultivation to meet market demand while maintaining elevated quality standards. Furthermore, the MedReleaf Australia family of brands now focuses on three core brands - CraftPlant, offering a hand-crafted, premium range of products; Aurora, for innovative and affordable options; and IndiMed, providing a company-funded concession range. New Risk • Mar 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 71% per year for the foreseeable future. High level of non-cash earnings (104% accrual ratio). Shareholders have been substantially diluted in the past year (59% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Major Estimate Revision • Feb 27
Consensus EPS estimates upgraded to CA$1.44 loss The consensus outlook for fiscal year 2024 has been updated. 2024 losses forecast to reduce from -CA$1.65 to -CA$1.44 per share. Revenue forecast steady at CA$272.0m. Pharmaceuticals industry in Canada expected to see average net income growth of 59% next year. Consensus price target broadly unchanged at CA$10.36. Share price fell 5.5% to CA$4.49 over the past week. Price Target Changed • Feb 26
Price target increased by 62% to CA$16.58 Up from CA$10.26, the current price target is an average from 8 analysts. New target price is 281% above last closing price of CA$4.35. Stock is down 62% over the past year. The company is forecast to post a net loss per share of CA$1.57 next year compared to a net loss per share of CA$8.22 last year. Annuncio • Feb 20
Aurora Cannabis Inc. Announces CFO Changes Aurora Cannabis Inc. announced that Simona King, a former executive of Bristol Myers-Squibb, a leading multinational pharmaceutical company, has been appointed as Chief Financial Officer of the Company, effective February 21, 2024. Ms. King brings over 25 years of progressive finance leadership experience, with deep business knowledge and proven success with global and emerging organizations. She served nearly 20 years with Bristol Myers-Squibb, where she held increasingly senior finance roles and enabled the company's growth strategy. Glen Ibbott, current Chief Financial Officer, will be stepping down from his full-time role effective 20 February 2024, to pursue new opportunities. He will remain in an advisory role over the next few months to ensure a smooth transition of responsibilities to Simona. Ms. King brings deep financial expertise across corporate, operations and international business units. In recent years, she has spread her professional reach, joining fast moving public companies in emerging sectors, including biotech. She joins Aurora most recently as the CFO of a number of clinical stage biotechnology companies. Reported Earnings • Feb 14
Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2024 results: CA$0.051 loss per share (improved from CA$0.19 loss in 3Q 2023). Revenue: CA$64.4m (up 5.5% from 3Q 2023). Net loss: CA$24.2m (loss narrowed 60% from 3Q 2023). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Pharmaceuticals industry in Canada. New Risk • Feb 11
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 60% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (CA$1.9m net loss in 3 years). New Risk • Feb 10
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: CA$1.7b Forecast net loss in 3 years: CA$2.8m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (CA$2.8m net loss in 3 years). Shareholders have been diluted in the past year (40% increase in shares outstanding). Major Estimate Revision • Feb 09
Consensus EPS estimates fall by 48%, revenue upgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from CA$271.9m to CA$275.5m. Forecast EPS reduced from -CA$0.122 to -CA$0.18 per share. Pharmaceuticals industry in Canada expected to see average net income growth of 66% next year. Consensus price target down from CA$1.11 to CA$1.08. Share price was steady at CA$0.54 over the past week. Annuncio • Feb 09
Aurora Cannabis Inc. (TSX:ACB) acquired remaining 90% stake in Indica Industries Pty Ltd for AUD 45 million. Aurora Cannabis Inc. (TSX:ACB) acquired remaining 90% stake in Indica Industries Pty Ltd for AUD 45 million on February 7, 2024.The consideration should be paid in approximately AUD$9.5 million in cash and the remainder by the issuance of Common Shares. The transaction is subject to customary adjustments.Aurora Cannabis Inc. (TSX:ACB) completed the acquisition of remaining 90% stake in Indica Industries Pty Ltd for AUD 45 million on February 7, 2024. Annuncio • Feb 08
Aurora Cannabis Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal 2024 Aurora Cannabis Inc. provided earnings guidance for the fourth quarter of fiscal 2024. For the quarter, company expects revenue from Canadian medical and consumer segments to be steady quarter over quarter, while Europe and Australia should provide modest growth in their regions and Revenue increases combined with ongoing cost control are expected to result in continued positive. Annuncio • Feb 01
Aurora Cannabis Inc. to Report Q3, 2024 Results on Feb 08, 2024 Aurora Cannabis Inc. announced that they will report Q3, 2024 results Pre-Market on Feb 08, 2024 Breakeven Date Change • Nov 12
Forecast to breakeven in 2026 The 8 analysts covering Aurora Cannabis expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of CA$13.4m in 2026. Average annual earnings growth of 151% is required to achieve expected profit on schedule. New Risk • Nov 12
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$164m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$164m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Minor Risk Shareholders have been diluted in the past year (46% increase in shares outstanding). Annuncio • Nov 11
Aurora Cannabis Inc. Provides Revenue Guidance for Third Quarter of Fiscal 2024 Aurora Cannabis Inc. Provided Revenue Guidance for third quarter of fiscal 2024. For the period, the company expects cannabis revenue to be largely similar to fiscal second quarter, 2024, with the geographical mix slightly weighted further towards the international medical segment. For plant propagation, company expect to see seasonally reduced revenues and gross profit in fiscal third quarter 2024 that will be consistent with fiscal second quarter 2024 and in line with historical performance. Annuncio • Oct 27
Aurora Cannabis Inc. to Report Q2, 2024 Results on Nov 09, 2023 Aurora Cannabis Inc. announced that they will report Q2, 2024 results After-Market on Nov 09, 2023 New Risk • Oct 05
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 56% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Recent Insider Transactions Derivative • Oct 05
Insider exercised options and sold CA$62k worth of stock On the 28th of September, Andre Jerome exercised options to acquire 78k shares at no cost and sold these for an average price of CA$0.80 per share. This trade did not impact their existing holding. Since December 2022, Andre's direct individual holding has increased from 38.63k shares to 43.01k. Company insiders have collectively bought CA$104k more than they sold, via options and on-market transactions, in the last 12 months.