Ascend Wellness Holdings
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Ascend Wellness Holdings's past years’ income statements indicate that its last revenue has increased compared to the previous period by 28% to $518,590,000. The net income raised on -$48,214,000 and profit margin reached -9%. Total operating expenses were $158,739,000.

Profit Margin

Ascend Wellness Holdings, Inc. (OTC:AAWH): Profit margin
2019 12.03M -33.24M -276.28%
2020 143.73M -23.84M -16.59%
2021 332.38M -122.65M -36.9%
2022 405.92M -80.89M -19.93%
2023 518.59M -48.21M -9.3%

AAWH Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
518.59M405.92M332.38M143.73M12.03M
Cost of revenue
363.47M271.36M196.40M82.81M8.74M
Gross profit
155.12M134.56M135.97M60.91M3.28M
Operating exp.
Research and development
00000
Selling and marketing
4.38M3.44M2.96M1.75M1.21M
Total operating expenses
158.73M136.74M116.06M52.78M29.40M
Operating income
-3.61M-1.42M20.16M7.84M-26.12M
Other income (expenses), net
-11.14M-37.78M-101.10M-12.98M-6.45M
Income before tax
-14.76M-39.20M-80.93M-5.13M-32.57M
Income tax expense
33.45M41.69M41.72M18.70M667K
Net income
-48.21M-80.89M-122.65M-23.84M-33.24M
Earnings per share
Basic EPS
-0.24-0.44-0.71-0.14-0.2
Diluted EPS
-0.24-0.44-0.71-0.14-0.2
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