← Trulieve Cannabis Corp.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $252.8m |
$521.5m
+106.29%
|
$938.4m
+79.93%
|
$1.2b
+32.12%
|
$1.1b
-8.92%
|
$1.2b
+5.07%
|
$1.2b
-0.45%
|
$1.1b
-3.57%
|
|
| Cost of goods sold | $61.0m |
$135.1m
+121.57%
|
$372.3m
+175.51%
|
$557.8m
+49.85%
|
$540.6m
-3.09%
|
$470.7m
-12.92%
|
$470.0m
-0.16%
|
$461.6m
-1.78%
|
|
| Gross profit | $191.8m |
$386.4m
+101.43%
|
$566.1m
+46.51%
|
$682.0m
+20.47%
|
$588.6m
-13.69%
|
$715.7m
+21.60%
|
$711.2m
-0.64%
|
$677.4m
-4.75%
|
|
| Selling, general, and administrative | — | — | — | — | $386.2m | $510.5m | $445.2m | $432.0m | |
| Interest expense, net | — | — | ($29.1m) | ($73.4m) | ($81.6m) | ($62.2m) | ($63.5m) | $56.8m | |
| Interest income | — | — | $205k | $1.6m | $6.2m | $14.7m | $14.5m | $13.6m | |
| Total other expense, net | ($9.6m) | ($60.9m) | ($33.4m) | ($75.8m) | ($62.9m) | ($55.1m) | ($52.0m) | — | |
| Income (loss) before provision for income taxes | $103.7m | $157.4m | $163.5m | ($43.3m) | ($284.5m) | $42.7m | $91.5m | — | |
| Provision for income taxes | $50.6m | $94.5m | $146.1m | $161.8m | $151.4m | $197.6m | $208.1m | — | |
| Net loss from continuing operations | — | $63.0m | $19.4m | ($205.2m) | ($435.9m) | ($154.9m) | ($116.6m) | — | |
| Net loss from discontinued operations, net of tax (provision) benefit of $(209), $0, and $4,101, respectively | — | — | ($1.9m) | ($47.6m) | ($97.2m) | ($5.7m) | ($5.6m) | — | |
| Net loss | — | $63.0m | $17.4m | ($252.7m) | ($533.1m) | ($160.6m) | ($122.2m) | — | |
| Less: net loss attributable to non-controlling interest from continuing operations | $0 | $0 | ($587k) | ($6.7m) | ($5.1m) | ($5.5m) | ($5.9m) | — | |
| Less: net loss attributable to non-controlling interest from discontinued operations | — | — | $0 | ($2.7m) | ($1.2m) | $0 | $0 | — | |
| Net loss attributable to common shareholders | $53.1m | $63.0m | $18.0m | ($246.1m) | ($526.8m) | ($155.1m) | ($116.4m) | — | |
| Basic (in dollars per share) | $0.48 | $0.55 | $0.14 | ($1.09) | ($2.31) | ($0.82) | ($0.61) | — | |
| Diluted (in dollars per share) | $0.46 | $0.53 | $0.13 | ($1.09) | ($2.31) | ($0.82) | ($0.61) | — | |
| Depreciation and amortization | $5.1m | $12.6m | $48.1m | $119.4m | $109.8m | $112.8m | $117.6m | $114.3m | |
| Impairment and other charges, net of (recoveries) | — | — | — | — | $6.7m | ($5.3m) | $4.8m | — | |
| Impairment of goodwill | — | — | $0 | $0 | $307.6m | $0 | $0 | — | |
| Income (loss) from operations | $113.3m |
$218.3m
+92.73%
|
$196.9m
-9.78%
|
$32.4m
-83.55%
|
($221.6m)
-783.84%
|
$97.8m
+144.12%
|
$143.5m
+46.75%
|
$131.1m
-8.66%
|
|
| (Loss) gain on debt extinguishments, net | — | — | $0 | $0 | $5.9m | $0 | ($1.7m) | — | |
| Other (expense) income, net | $266k | $2.1m | $1.1m | $1.4m | $6.5m | ($7.6m) | ($1.4m) | — | |
| Total expenses | $78.6m | $168.1m | $369.2m | $649.6m | $810.2m | $618.0m | $567.7m | $546.3m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.