Company research
SNDL Inc.
CIK 1766600Updated Oct 29, 2026
Name history
Sundial Growers Inc. · through Jul 25, 2022
SNDL price & chart
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CSE:SNDL on TradingView ↗In the news
SNDL Announces Resignation of Director ↗
SNDL Announces Resignation of Director ↗
SNDL Announces Completion of Parallel Asset Acquisition and Positions for Nasdaq-Consolidated U.S. Medical Cannabis Operations ↗
Financials
FY 2025 · CADSource
Source
Source
Source
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Profit or LossCAD | -15,774,000Source | -96,204,000Source | -176,551,000Source | -372,428,000Source |
| Additional Financial Items | ||||
| AdjustmentsForDecreaseIncreaseInTradeAccountReceivableCAD | 1,148,000Source | 1,761,000Source | -15,096,000Source | 5,815,000Source |
| AdjustmentsForIncomeTaxExpenseCAD | 0Source | -9,405,000Source | 0Source | -7,342,000Source |
| AdjustmentsForSharebasedPaymentsCAD | 13,905,000Source | 20,037,000Source | 15,400,000Source | 9,671,000Source |
| AdjustmentsForUnrealisedForeignExchangeLossesGainsCAD | 614,000Source | 108,000Source | -13,000Source | -16,000Source |
| GeneralAndAdministrativeExpenseCAD | 182,162,000Source | 187,243,000Source | 199,725,000Source | 140,168,000Source |
| GoodwillCAD | 124,248,000Source | 124,248,000Source | 119,282,000Source | 67,260,000Source |
| IncreaseDecreaseInWorkingCapitalCAD | -1,432,000Source | 7,447,000Source | 32,875,000Source | 22,073,000Source |
| InterestReceivedClassifiedAsOperatingActivitiesCAD | 7,109,000Source | 12,494,000Source | 13,563,000Source | 13,403,000Source |
| PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesCAD | 39,245,000Source | 36,952,000Source | 41,013,000Source | 27,693,000Source |
| PaymentsToAcquireOrRedeemEntitysSharesCAD | 15,348,000Source | 13,219,000Source | 1,536,000Source | 13,390,000Source |
| ProceedsFromIssuingSharesCAD | — | — | 0Source | 22,000Source |
| ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodCAD | 18,090,000Source | — | — | — |
| ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivitiesCAD | 813,000Source | 734,000Source | 1,213,000Source | 4,000,000Source |
| PurchaseOfIntangibleAssetsClassifiedAsInvestingActivitiesCAD | 0Source | 2,404,000Source | 87,000Source | 197,000Source |
| RepaymentsOfBorrowingsClassifiedAsFinancingActivitiesCAD | — | — | 0Source | 10,000,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cost of Goods and Services Sold | —Source | —Source | — | — |
| Total RevenueCAD | 946,401,000Source | 920,448,000Source | 909,006,000Source | 712,197,000Source |
| Additional Financial Items | ||||
| ApplicableTaxRatenumber | 0.23Source | 0.23Source | 0.23Source | 0.23Source |
| BasicEarningsLossPerShareCAD/shares | -0.06Source | -0.36Source | -0.67Source | — |
| CurrentTaxExpenseIncomeCAD | 0Source | -9,405,000Source | 0Source | -7,342,000Source |
| DeferredTaxExpenseIncomeRecognisedInProfitOrLossCAD | 0Source | -9,405,000Source | 0Source | -7,342,000Source |
| DepreciationAndAmortisationExpenseCAD | 51,948,000Source | 54,250,000Source | 60,216,000Source | 40,945,000Source |
| DilutedEarningsLossPerShareCAD/shares | -0.06Source | -0.36Source | -0.67Source | — |
| ExpenseFromSharebasedPaymentTransactionsWithEmployeesCAD | 13,905,000Source | 20,037,000Source | 15,400,000Source | 9,671,000Source |
| FinanceCostsCAD | 6,693,000Source | 7,161,000Source | 11,362,000Source | 41,314,000Source |
| GeneralAndAdministrativeExpenseCAD | 182,162,000Source | 187,243,000Source | 199,725,000Source | 140,168,000Source |
| GrossProfitCAD | 258,648,000Source | 240,331,000Source | 190,415,000Source | 140,375,000Source |
| ImpairmentLossRecognisedInProfitOrLossGoodwillCAD | — | — | 29,000,000Source | — |
| InterestExpenseCAD | — | — | 81,000Source | 178,000Source |
| InterestExpenseOnLeaseLiabilitiesCAD | 7,520,000Source | 7,697,000Source | 7,921,000Source | 5,903,000Source |
| ProfessionalFeesExpenseCAD | 4,282,000Source | 6,781,000Source | 14,620,000Source | 11,563,000Source |
| ProfitLossAttributableToNoncontrollingInterestsCAD | 0Source | -1,408,000Source | -3,891,000Source | -37,314,000Source |
| ProfitLossAttributableToOwnersOfParentCAD | -15,774,000Source | -94,796,000Source | -168,125,000Source | -335,114,000Source |
| ProfitLossBeforeTaxCAD | -15,774,000Source | -105,609,000Source | -172,016,000Source | -379,770,000Source |
| ProfitLossFromOperatingActivitiesCAD | -6,349,000Source | -103,811,000Source | -162,818,000Source | -347,774,000Source |
| ResearchAndDevelopmentExpenseCAD | 489,000Source | 346,000Source | 324,000Source | 2,448,000Source |
| RevenueFromInterestCAD | — | — | — | 16,739,000Source |
| ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethodCAD | -3,605,000Source | -65,459,000Source | 6,758,000Source | -43,002,000Source |
Filing attachments
d186665dex991.htm · SC TO-C · 2026-10-28
Exhibit 99.1 Q3 2026 Company Highlights IMPROVEMENTS IN UNDERLING PERFORMANCE Record quarterly and positive year-to-date free cash flow (partially driven by initial onetime contributions from the captive insurance dissolution). Record quarterly Cannabis Retail revenue and record gross margins in both Liquor and Cannabis Retail. Cannabis Operations remained challenged ACCELERATE SHARE REPURCHASES STRATEGIC INVESTMENTS IN USA Increased indirect equity and debt ownership in Parallel and funded in…
Read attachment ↗d186665dex992.htm · SC TO-C · 2026-10-28
Exhibit 99.2 Q3 2026 Company Highlights IMPROVEMENTS IN UNDERLING PERFORMANCE Record quarterly and positive year-to-date free cash flow (partially driven by initial onetime contributions from the captive insurance dissolution). Record quarterly Cannabis Retail revenue and record gross margins in both Liquor and Cannabis Retail. Cannabis Operations remained challenged ACCELERATE SHARE REPURCHASES Continued share repurchases adding up to >23 million shares year-to-date, equivalent to ~9% of share…
Read attachment ↗d131557dex991.htm · SC TO-C · 2026-10-27
Exhibit 99.1 The following excerpts are from the transcript of the earnings conference call held by SNDL Inc. (the “Company”) for its third quarter of 2026, which began around 10:00 a.m. Eastern Time on October 27, 2026. The following does not purport to be a complete or error-free statement or summary of such conference call. […] Zach George - Chief Executive Officer, SNDL Inc. […] We continued to allocate capital with discipline during the quarter. We repurchased 5.4 million shares and an…
Read attachment ↗sndl-ex99_1.htm · 6-K · 2026-10-27
EXHIBIT 99.1 SNDL Inc. Condensed Consolidated Interim Financial Statements For the three and nine months ended September 30, 2026 (Unaudited - expressed in thousands of Canadian dollars) SNDL Inc. Condensed Consolidated Interim Statements of Financial Position (Unaudited - expressed in thousands of Canadian dollars) As at Note September 30, 2026 December 31, 2025 ──────────────────────────────────────────────────────────────────────…
Read attachment ↗sndl-ex99_2.htm · 6-K · 2026-10-27
EXHIBIT 99.2 SNDL Inc. Management’s Discussion and Analysis For the three and nine months ended September 30, 2026 Management’s Discussion and Analysis This Management’s Discussion and Analysis (“MD&A”) of the financial condition and performance of SNDL Inc. (“SNDL” or the “Company”) for the three and nine months ended September 30, 2026 is dated October 26, 2026. This MD&A should be read in conjunction with the Company’s condensed consolidated interim financial statements and the notes the…
Read attachment ↗d152044dex991.htm · 6-K · 2026-09-08
Exhibit 99.1 SNDL INC. NOTICE OF MEETING AND INFORMATION CIRCULAR DATED SEPTEMBER 3, 2026 FOR THE ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS TO BE HELD VIRTUALLY ON OCTOBER 15, 2026 AT 10:00 a.m. (Toronto Time) www. VoteSNDL.com Questions? Need Help Voting? Contact Kingsdale Advisors Toll-free in North America: 1-888-518-1560 Call or Text (U.S.): 646-741-5795 Call or Text (Canada and International): 437-561-5009 Email: contactus@kingsdaleadvisors.com SNDL INC. NOTICE OF ANNUAL …
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