RYTHM Q4 revenue surges on licensing strength

RYTHM

03/03/2026 21:46

Overview

Hemp-derived THC product maker's Q4 revenue rose 164% from prior qtr

Company reported Q4 operating loss due to $8.5 mln non-cash impairment charge

Company expanded THC beverage footprint with major Circle K store rollout

Outlook

Company did not provide specific financial guidance for future quarters or full year

Result Drivers

LICENSING REVENUE - Licensing revenue from recent brand acquisition contributed significantly to Q4 gross margins, reaching 75%

RETAIL EXPANSION - Expanded beverage retail footprint to over 6,000 locations and secured placement in 800 Circle K stores

Company press release: ID:nGNX5xggKy

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
$10.66 mln
Q4 EPS
-$6.62
Q4 Net Income
-$13.61 mln
Q4 Operating Expenses
$20.99 mln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)