Trees
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. Trees's past years’ income statements indicate that its last revenue has increased compared to the previous period by 35% to $18,136,880. The net income raised on -$7,082,258 and profit margin reached -39%. Total operating expenses were $10,547,152.
Profit Margin
| 2014 | 240.20K | -6.93M | -2885.08% |
|---|---|---|---|
| 2015 | 1.76M | -8.78M | -498.38% |
| 2016 | 2.98M | -32.79M | -1099.93% |
| 2017 | 3.52M | -8.22M | -233.41% |
| 2018 | 4.61M | -16.97M | -367.5% |
| 2019 | 3.66M | -14.82M | -404.43% |
| 2020 | 7.12M | -8.52M | -119.75% |
| 2021 | 5.92M | -10.31M | -173.99% |
| 2022 | 13.44M | -9.48M | -70.52% |
| 2023 | 18.13M | -7.08M | -39.05% |
CANN Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 18.13M | 13.44M | 5.92M | 7.12M | 3.66M | 4.61M | 3.52M | 2.98M | 1.76M | 240.20K |
Cost of revenue | 11.56M | 8.57M | 4.43M | 5.46M | 2.46M | 3.73M | 2.78M | 1.99M | 1.42M | 68.54K |
Gross profit | 6.57M | 4.86M | 1.48M | 1.65M | 1.19M | 879.75K | 736.36K | 988.47K | 339.94K | 171.66K |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 8.29M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 10.54M | 8.04M | 4.50M | 7.71M | 10.06M | 12.28M | 7.56M | 6.70M | 7.58M | 2.70M |
Operating income | -3.97M | -3.17M | -3.01M | -6.06M | -8.86M | -11.40M | -7.04M | -7.05M | -7.24M | -2.53M |
Other income (expenses), net | -2.91M | -6.10M | -5.41M | -1.55M | -1.92M | -1.00M | -1.17M | -20.79M | -1.54M | -4.39M |
Income before tax | -6.89M | -9.27M | -8.42M | -7.61M | -10.78M | -16.97M | -8.22M | -32.79M | -8.78M | -6.93M |
Income tax expense | 187.84K | 204.91K | 1.88M | 907.59K | 4.04M | -1.00M | 1.36M | 6.28M | 1.75M | 1.00M |
Net income | -7.08M | -9.48M | -10.31M | -8.52M | -14.82M | -16.97M | -8.22M | -32.79M | -8.78M | -6.93M |
Earnings per share | ||||||||||
Basic EPS | -0.06 | -0.06 | -0.15 | -0.17 | -0.39 | -0.49 | -0.4 | -2.12 | -0.63 | -0.51 |
Diluted EPS | -0.06 | -0.06 | -0.15 | -0.17 | -0.39 | -0.49 | -0.4 | -2.12 | -0.63 | -0.51 |
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