Financials in CAD. Standardized financial statements.
A compact view of how TerrAscend Corp. 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 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $265.12M | $306.68M | $317.33M | $240.45M | $243.36M | $198.32M | $84.87M | $6.83M | $0 | $0 |
| Revenue Growth? | -13.6% | -3.4% | +32.0% | -1.2% | +22.7% | +133.7% | +1143.3% | 0.0% | 0.0% | 0.0% |
| Cost of Revenue? | $131.93M | $156.72M | $112.49M | $203.35M | $109.32M | $171.98M | $87.52M | $10.17M | $381,322 | $0 |
| Gross Profit? | $133.19M | $149.96M | $138.02M | $119.74M | $134.04M | $26.34M | -$2.65M | -$3.34M | -$381,322 | $0 |
| Gross Margin? | +50.2% | +48.9% | +43.5% | +49.8% | +55.1% | +13.3% | -3.1% | -49.0% | 0.0% | 0.0% |
| Operating Expenses? | $87.78M | $167.07M | $179.56M | $150.69M | $94.12M | $75.60M | $62.39M | $24.81M | $6.27M | $866,937 |
| Operating Income? | $45.41M | -$17.11M | -$19.86M | -$23.04M | $31.33M | -$49.26M | -$65.04M | -$28.16M | -$6.66M | -$866,940 |
| EBITDA? | $45.41M | $6.16M | -$1.03M | -$246.52M | $44.96M | -$93.25M | -$149.97M | -$27.23M | -$6.56M | -$866,940 |
| Income Before Tax | $5.06M | -$52.23M | -$58.83M | -$300.95M | $43.78M | -$126.47M | -$217.33M | -$21.44M | -$6.81M | -$867,181 |
| Income Tax Expense | $29.98M | $20.44M | $23.45M | -$10.46M | $28.88M | $27.87M | $1.62M | $704,000 | -$3 | $0 |
| Net Income? | -$87.74M | -$80.23M | -$91.10M | -$303.96M | $3.06M | -$155.12M | -$215.79M | -$22.03M | -$6.81M | -$867,181 |
| EPS? | $-0.29 | $-0.28 | $-0.32 | $-1.31 | $0.07 | $-1.06 | $-1.61 | $-0.24 | $-0.18 | $-0.03 |
| Diluted EPS? | $-0.29 | $-0.28 | $-0.32 | $-1.31 | $0.01 | $-1.06 | $-1.61 | $-0.24 | $-0.18 | $-0.03 |
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