← Cronos Group Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $927k |
$9.0m
+868.61%
|
$16.3m
+81.66%
|
$23.8m
+45.61%
|
$46.7m
+96.71%
|
$74.4m
+59.32%
|
$91.9m
+23.47%
|
$87.2m
-5.07%
|
$117.6m
+34.82%
|
$146.6m
+24.63%
|
$179.1m
+22.17%
|
|
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | $25.6m | $54.4m | $89.5m | $114.5m | $120.3m | $161.8m | $193.4m | — | |
| Gross revenue | — | $4.1m | $17.1m | — | — | — | — | — | — | — | — | |
| Cost of sales | $384k |
$6.6m
+1627.08%
|
$17.7m
+167.51%
|
$41.6m
+134.56%
|
$72.6m
+74.35%
|
$92.0m
+26.76%
|
$79.9m
-13.08%
|
$75.3m
-5.76%
|
$92.4m
+22.68%
|
$83.8m
-9.29%
|
$97.0m
+15.67%
|
|
| Cost of sales before fair value adjustments | — | $2.0m |
$7.7m
+275.20%
|
— | — | — | — | — | — | — | — | |
| Gross profit before fair value adjustments | $2.0m |
$2.0m
+2.46%
|
$8.0m
+294.17%
|
($17.9m)
-321.94%
|
($25.8m)
-44.61%
|
($17.5m)
+32.13%
|
$12.0m
+168.26%
|
$11.9m
-0.50%
|
$25.2m
+111.59%
|
$62.8m
+149.06%
|
— | |
| Gross Profit | $2.0m |
$7.2m
+262.77%
|
$11.3m
+55.85%
|
($17.9m)
-258.54%
|
($25.8m)
-44.61%
|
($17.5m)
+32.13%
|
$12.0m
+168.26%
|
$11.9m
-0.50%
|
$25.2m
+111.59%
|
$62.8m
+149.06%
|
$82.1m
+30.86%
|
|
| Research and Development Expense | — | — | $2.4m | $12.2m | $20.4m | $23.3m | $13.4m | $5.8m | $4.2m | $4.4m | $5.4m | |
| Selling and Marketing Expense | — | — | — | $23.0m | $34.4m | $44.9m | $22.3m | $22.7m | $21.6m | $21.8m | $75.4m | |
| Sales and marketing | — | $575k | $4.1m | — | — | — | — | — | — | — | — | |
| General and Administrative Expense | $3.4m | $6.9m | $17.4m | $49.4m | $80.5m | $96.5m | $71.2m | $49.5m | $46.5m | $42.0m | $51.1m | |
| Other General and Administrative Expense | — | — | — | $2.8m | $8.6m | — | — | — | — | — | — | |
| Labor and Related Expense | — | — | — | $17.8m | $26.7m | — | — | — | — | — | — | |
| Amortization of Intangible Assets | — | — | — | $646k | $814k | $1.8m | $2.8m | $3.5m | — | — | — | |
| Restructuring Costs | — | — | — | $4.4m | $0 | $0 | $5.3m | $1.5m | — | — | — | |
| Operating Expenses | — | — | — | $103.6m | $153.5m | $543.1m | $136.8m | $96.7m | $101.7m | $80.2m | $87.4m | |
| Total operating expenses | $4.1m | $9.3m | $29.4m | — | — | — | — | — | — | — | $184.4m | |
| Operating Income (Loss) | ($2.1m) |
($2.1m)
+1.08%
|
($18.1m)
-759.01%
|
($121.5m)
-570.89%
|
($179.3m)
-47.63%
|
($560.6m)
-212.58%
|
($124.8m)
+77.73%
|
($84.8m)
+32.07%
|
($76.5m)
+9.75%
|
($17.4m)
+77.27%
|
($5.3m)
+69.68%
|
|
| Interest Expense | $232k | $126k | — | $1.2m | $186k | $27k | $13k | — | — | — | — | |
| Deconsolidation, Revaluation of Retained Investment, Gain (Loss), Amount | — | — | — | — | — | $8.6m | $14.7m | ($12.0m) | ($6.2m) | ($452k) | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | $747k | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | ($115k) | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), Realized | — | — | — | — | — | — | ($746k) | ($296k) | ($582k) | $191k | — | |
| Gain (Loss) on Investments | — | — | — | — | — | — | $17.9m | ($10.5m) | ($3.8m) | ($446k) | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | — | — | $1.3b | $129.3m | $151.4m | $14.1m | ($85k) | $49k | — | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | ($1.8m) | $730k | ($493k) | $1.1m | ($350k) | ($241k) | — | |
| Income (Loss) from Equity Method Investments | — | $165k | ($936k) | ($2.0m) | ($4.5m) | ($6.3m) | $3.1m | $1.6m | $2.4m | $0 | — | |
| Other Income | $373k | $4.9m | $608k | — | — | — | — | — | — | — | — | |
| Interest Income (Expense), Nonoperating, Net | — | $126k | $107k | $28.0m | $18.4m | $9.1m | $22.5m | $51.2m | $52.0m | $40.0m | $39.0m | |
| Income (loss) before income taxes | ($1.8m) | $2.8m | ($18.7m) | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $1.8m | $2.8m | $18.7m | $1.2b | ($73.3m) | ($397.1m) | ($134.6m) | ($73.7m) | $36.6m | ($17.1m) | $68.5m | |
| Current Tax Expense (Income) | $0 | $0 | $489k | — | — | — | — | — | — | — | — | |
| Deferred Tax Expense (Income) | ($568k) | $298k | $489k | — | — | — | — | — | — | — | — | |
| Current Income Tax Expense (Benefit) | $568k | $298k | $489k | $0 | $1.3m | ($471k) | $34.4m | ($3.4m) | ($3.2m) | ($15.3m) | ($10.7m) | |
| Income Tax Expense (Benefit) | $568k | $298k | $489k | $0 | $1.3m | ($431k) | $34.2m | ($3.2m) | ($3.4m) | ($14.2m) | ($10.7m) | |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic | ($1.2m) | $2.5m | ($19.2m) | $1.2b | ($72.5m) | ($395.6m) | ($168.7m) | ($69.8m) | $41.1m | ($9.4m) | $70.0m | |
| Net Income (Loss) Attributable to Parent | ($1.2m) |
$2.5m
+309.33%
|
($19.2m)
-870.98%
|
$1.2b
+6173.97%
|
($73.1m)
-106.27%
|
($396.1m)
-441.60%
|
($168.7m)
+57.40%
|
($74.0m)
+56.17%
|
$41.1m
+155.54%
|
($9.4m)
-123.00%
|
$70.0m
+840.75%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | ($932k) | ($2.1m) | ($1.1m) | $0 | ($590k) | ($1.1m) | $6.5m | $70.0m | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | $165k | ($936k) | — | — | ($1) | ($0) | ($0) | $0 | ($0) | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | $165k | ($936k) | — | — | ($1) | ($0) | ($0) | $0 | ($0) | — | |
| Earnings Per Share, Basic | — | — | — | $3.76 | ($0.21) | ($1.07) | — | ($0.19) | $0.11 | ($0.02) | $0.19 | |
| Earnings Per Share, Diluted | — | — | — | $3.33 | ($0.21) | ($1.07) | — | ($0.19) | $0.11 | ($0.02) | $0.19 | |
| Basic Earnings (Loss) Per Share | ($0.02) | $0.02 | ($0.11) | — | — | — | — | — | — | — | $0.19 | |
| Diluted Earnings (Loss) Per Share | ($0.02) | $0.01 | ($0.11) | — | — | — | — | — | — | — | $0.19 | |
| Basic | $78,248,192.00 | $134,803,542.00 | $172,269,170.00 | — | — | — | — | — | — | — | $0.19 | |
| Diluted | $78,248,192.00 | $176,789,161.00 | $172,269,170.00 | — | — | — | — | — | — | — | $69,979,000.00 | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | 310.1m | 351.6m | 370.4m | 377.0m | 381.0m | 382.1m | 383.5m | 379.6m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | 342.8m | 351.6m | 370.4m | 377.0m | 381.0m | 385.6m | 383.5m | 380.6m | |
| Additional Financial Items | ||||||||||||
| Applicable Tax Rate | $0 | $0 | $0 | — | — | — | — | — | — | — | — | |
| Depreciation And Amortisation Expense | — | — | $1.3m | — | — | — | — | — | — | — | $1.6m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | $61.4m | $23.4m | $25.6m | $0 | — | |
| Goodwill, Impairment Loss | — | — | — | — | $35.0m | — | — | — | — | — | $14.4m | |
| Impairment Loss Recognised In Profit Or Loss Goodwill | — | — | $0 | — | — | — | — | — | — | — | — | |
| Profit Loss Attributable To Noncontrolling Interests | — | — | ($235k) | — | — | — | — | — | — | — | — | |
| Profit Loss Attributable To Owners Of Parent | ($1.2m) | $2.5m | ($19.0m) | — | — | — | — | — | — | — | — | |
| Profit Loss Before Tax | ($1.8m) | $2.8m | ($18.7m) | — | — | — | — | — | — | — | — | |
| Profit Loss From Operating Activities | ($2.1m) | ($2.1m) | ($18.1m) | — | — | — | — | — | — | — | — | |
| Unrealized change in fair value of biological assets | ($2.2m) | ($11.6m) | ($11.6m) | — | — | — | — | — | — | — | — | |
| Realized fair value adjustments on inventory sold in the year | — | $2.4m | $8.3m | — | — | — | — | — | — | — | — | |
| Share-based payments | $307k | $1.9m | $4.2m | — | — | — | — | — | — | — | — | |
| Depreciation and amortization | $382k | $541k | $1.3m | — | — | — | — | — | — | — | $1.6m | |
| Share of income (loss) from investments in equity accounted investees | — | $165k | ($936k) | — | — | — | — | — | — | — | — | |
| Gain on other investments | ($310k) | $4.9m | $221k | — | — | — | — | — | — | — | — | |
| Cronos Group | — | $1.8m | ($18.9m) | — | — | — | — | — | — | — | — | |
| Gain on revaluation and disposal of other investments, net of tax | $1.6m | $947k | $46k | — | — | — | — | — | — | — | — | |
| Comprehensive income (loss) | $394k | $1.8m | ($19.2m) | — | — | — | — | — | — | — | — | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | — | — | — | — | ($650k) | ($500k) | $0 | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | ($74.6m) | ($396.7m) | ($168.7m) | ($70.4m) | $40.0m | ($2.9m) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | ($650k) | ($500k) | $0 | ($4.1m) | $0 | $0 | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | ($650k) | — | — | — | — | — | — | |
| Total fair value adjustments | — | ($5.2m) | ($3.2m) | — | — | — | — | — | — | — | — | |
| Total other comprehensive income (loss) | — | ($704k) | $50k | — | — | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.