Verano Holdings Corp. VRNO

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6.02 0.01 0.17% as of 25 Sep
Market cap
—
P/E
0.0×

An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.

Dec '20 Dec '21 Dec '22 Dec '23 Dec '24 Dec '25
Revenue
228.53 737.85 879.41 938.45 878.59 821.50
Revenue Growth
— 222.87% 19.19% 6.71% (6.38%) (6.50%)
Cost of Revenue
92.96 406.83 456.35 463.25 434.65 408.01
Gross Profit
135.57 331.02 423.06 475.21 443.93 413.50
SG&A Expenses
40.99 270.93 356.57 331.93 353.41 337.32
Operating Income
95.00 64.71 68.05 136.40 90.52 76.18
Non-operating Income/Expense
(12.55) (15.72) (231.45) (108.60) (390.44) (242.40)
Non-operating Interest Expenses
— 24.27 49.43 59.79 54.76 53.59
EBT
82.45 48.99 (163.40) 27.80 (299.91) (166.23)
Income Tax Provision
42.30 103.99 105.47 145.15 41.94 91.68
Income after Tax
40.16 (55.00) (268.87) (117.35) (341.86) (257.91)
Dividends (Preferred)
0.00 — 0.00 — — —
Non-Controlling Interest
1.76 2.51 0.29 — — —
Net Income Common
38.40 (57.51) (269.16) (117.35) (341.86) (257.91)
EPS (Basic)
0.76 (0.95) (4.05) (1.70) (4.90) (3.55)
EPS (Diluted)
0.74 (0.95) (4.05) (1.70) (4.90) (3.55)
Shares (Basic, Weighted)
52.78 58.09 66.28 68.55 69.92 72.18
Shares (Diluted, Weighted)
54.14 58.09 66.28 68.55 69.92 72.18
Gross Margin
59.32% 44.86% 48.11% 50.64% 50.53% 50.33%
EBIT Margin
41.57% 8.77% 7.74% 14.53% 10.30% 9.27%
EBT margin
36.08% 6.64% (18.58%) 2.96% (34.14%) (20.23%)
Net Profit Margin
16.80% (7.79%) (30.61%) (12.50%) (38.91%) (31.39%)
Free Cash Flow Margin
1.95% 4.76% (2.11%) 8.05% 1.50% 1.46%
EBITDA
106.01 163.52 218.38 288.03 241.39 212.32
EBIT
95.00 64.71 68.05 136.40 90.52 76.18
Income from Continuous Operations
40.16 (55.00) (268.87) (117.35) (341.86) (257.91)
Consolidated Net Income/Loss
40.16 (55.00) (268.87) (117.35) (341.86) (257.91)
EPS (Basic, from Continuous Ops)
0.76 (0.95) (4.06) (1.71) (4.89) (3.57)
EPS (Basic, Consolidated)
0.76 (0.95) (4.06) (1.71) (4.89) (3.57)
EPS (Diluted, from Cont. Ops)
0.74 (0.95) (4.06) (1.71) (4.89) (3.57)
Shares (Diluted, Average)
3.04 58.09 66.28 68.56 69.92 72.18
EPS (Diluted, Consolidated)
0.74 (0.95) (4.06) (1.71) (4.89) (3.57)
EBITDA Margin
46.39% 22.16% 24.83% 30.69% 27.47% 25.85%
Operating Cash Flow Margin
31.34% 24.78% 10.73% 11.69% 12.77% 6.43%

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In millions of $ except per-share values · columns are period end dates