LEEEF Research | Milton Maxwell

LEEEF

Leef Brands Inc.

0.2220

+0.0150+7.25%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

No earnings call transcript available

Key Stats

Market Cap

41.25M

P/E (TTM)

Basic EPS (TTM)

-0.08

Dividend Yield

Recent Filings

10-K

FY2025 results

3/26/26Mar 26, 2026

Leef Brands grew revenue 22% to $34.8M in FY2025 ended December 31, 2025, driven by B2B concentrate sales in California and New York entry, with Q4 revenue jumping 39% y/y to $8.3M from $5.9M. Gross margins expanded from 27% to 30% annually, hitting 41% in H2 as Salisbury Canyon Ranch's 57-acre cultivation debut slashed input costs 40-60%; H2 operating cash flow flipped to +$1.7M from -$2.0M H1. Q4 delivered $1.3M free cash flow amid debt conversions eliminating $10.7M debentures. Bitcoin treasury built organically. Federal 280E tax limits deductions. Sequential revenue held steady Q3-Q4 while Q4 net loss widened on $13.9M non-cash debt extinguishment. Ranch scaling risks cultivation delays.

About

Leef Brands Inc. operates as a cannabis branded products manufacturer in the United States. The company operates in two segments: Wholesale Concentrates and Retail. It is involved in the propagation, nursery, flowering canopy, drying, processing, manufacturing, and distribution of cannabis concentrates; and owns and operates retail cannabis store. The company was formerly known as Icanic Brands Company Inc. and changed its name to Leef Brands Inc. in December 2022. Leef Brands Inc. is headquartered in Vancouver, Canada.

CEO

Mr. Micah Anderson

IPO

1/8/2021

Website

https://leefbrands.com

Sector

Healthcare

Industry

Drug Manufacturers - Specialty & Generic