Financials in CAD. Standardized financial statements.
A compact view of how Verano Holdings 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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $835.88M | $878.59M | $938.45M | $853.24M | $725.46M | $391.40M | $0 | $0 | $0 |
| Revenue Growth? | -4.9% | -6.4% | +10.0% | +17.6% | +85.4% | 0.0% | 0.0% | 0.0% | 0.0% |
| Cost of Revenue? | $407.22M | $434.65M | $463.25M | $610.07M | $407.67M | $149.51M | $0 | $0 | $0 |
| Gross Profit? | $428.67M | $443.93M | $475.21M | $534.79M | $317.79M | $200.49M | $0 | $0 | $0 |
| Gross Margin? | +51.3% | +50.5% | +50.6% | +62.7% | +43.8% | +51.2% | 0.0% | 0.0% | 0.0% |
| Operating Expenses? | $333.28M | $681.11M | $390.42M | $448.23M | $258.71M | $33.21M | $75,710 | $136,932 | $74,475 |
| Operating Income? | $95.39M | -$237.18M | $84.78M | $64.51M | $59.08M | $123.81M | -$75,710 | -$136,930 | -$74,480 |
| EBITDA? | $221.72M | -$94.29M | $239.22M | $47.32M | $166.66M | $128.25M | -$75,710 | -$136,932 | -$1.27M |
| Income Before Tax | -$169.14M | -$299.92M | $27.80M | -$158.54M | $48.17M | $110.59M | -$83,078 | -$140,475 | -$1.28M |
| Income Tax Expense | $93.28M | $41.94M | $145.15M | $102.33M | $102.24M | $56.73M | -$4,252 | -$12,040 | $0 |
| Net Income? | -$262.42M | -$341.86M | -$117.35M | -$269.16M | -$57.51M | $51.51M | -$78,826 | -$128,435 | -$1.28M |
| EPS? | $-0.72 | $-0.98 | $-0.34 | $-0.77 | $-0.17 | $0.17 | $-0.00 | $0.00 | $-0.00 |
| Diluted EPS? | $-0.72 | $-0.98 | $-0.34 | $-0.77 | $-0.17 | $0.17 | $-0.00 | $0.00 | $-0.00 |
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