1933 Industries Reports Positive Fiscal 2025 Financial Results

1933 Industries Inc., a cannabis cultivator based in Nevada, has reported its audited financial outcomes for the year ending July 31, 2025. The company announced a net income before taxes of $0.03 million and a comprehensive income of $0.2 million, marking a significant turnaround from last year's losses. Revenue reached $17.4 million, despite being lower than 2024's revenue of $19.35 million, primarily due to market-wide pricing pressures in Nevada.

The company's gross profit soared to a record $5.4 million, attributed to improved cultivation techniques and cost reductions, with a gross margin of 26%. 1933 Industries maintained its position as a top-selling cannabis brand in Nevada, bolstering its strong market presence despite industry challenges.

Key strategic advancements included tightening financial controls and enhancing THC concentrations in their products, securing top-three positions in Nevada's concentrate and flower categories. Management remains confident about their growth trajectory as regulatory changes favor licensed operators like themselves.