Financials in USD. Standardized financial statements.
A compact view of how SNDL Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $946.40M | $920.45M | $909.01M | $712.20M | $56.13M | $60.92M | $63.56M | $9.65M | $0 |
| Revenue Growth? | +2.8% | +1.3% | +27.6% | +1168.9% | -7.9% | -4.2% | +558.6% | 0.0% | 0.0% |
| Cost of Revenue? | $687.75M | $680.12M | $718.59M | $571.82M | $65.13M | $110.79M | $27.07M | $9.28M | $0 |
| Gross Profit? | $258.65M | $240.33M | $190.41M | $140.38M | -$9.00M | -$49.87M | $36.50M | $366,000 | $0 |
| Gross Margin? | +27.3% | +26.1% | +20.9% | +19.7% | -16.0% | -81.9% | +57.4% | +3.8% | 0.0% |
| Operating Expenses? | $263.07M | $344.14M | $353.59M | $488.15M | $125.38M | $135.53M | $88.87M | $11.07M | $1.53M |
| Operating Income? | -$4.42M | -$103.81M | -$163.17M | -$347.77M | -$134.38M | -$185.40M | -$52.37M | -$12.88M | -$1.53M |
| EBITDA? | $48.02M | -$41.20M | -$99.15M | -$326.55M | -$223.76M | -$185.54M | -$130.56M | -$31.33M | -$1.45M |
| Income Before Tax | -$15.77M | -$105.61M | -$172.02M | -$379.77M | -$234.70M | -$206.32M | -$146.31M | -$12.99M | -$1.55M |
| Income Tax Expense | $0 | -$9.40M | $0 | -$7.34M | -$7.91M | $0 | -$3.61M | $0 | -$12,127 |
| Net Income? | -$15.77M | -$94.80M | -$172.66M | -$335.11M | -$226.98M | -$233.25M | -$271.46M | -$12.99M | -$1.55M |
| EPS? | $-0.06 | $-0.38 | $-0.65 | $-1.50 | $-1.24 | $-9.50 | $-31.78 | $-8.50 | $-0.18 |
| Diluted EPS? | $-0.06 | $-0.38 | $-0.65 | $-1.50 | $-1.24 | $-9.50 | $-31.78 | $-8.50 | $-0.18 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality