Decibel Delivers Strong Revenue Growth and Profitability in Second Quarter
Financial Performance: Decibel Cannabis Company reported a net revenue of $29.8 million for Q2 2025, marking a 35% year-over-year increase, driven by international sales and modest growth in Canadian recreational sales.
International Expansion: The company experienced significant growth in international sales, reaching $6.1 million, primarily due to contributions from AgMedica, which enhanced Decibel's global market presence.
Profitability Metrics: Gross margin improved to 47%, with Adjusted EBITDA increasing by 60% to $6.3 million, reflecting strong operational performance and effective marketing strategies.
Future Outlook: Decibel is well-positioned for continued growth in Canada and international markets, anticipating further demand and additional contracts in the second half of 2025.
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