Cresco Labs
Income Statement
Last updated:
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. Cresco Labs's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 9% to $770,885,000. The net income raised on -$175,522,000 and profit margin reached -23%. Total operating expenses were $435,360,000.
Profit Margin
| 2012 | 0 | -36.86K | |
|---|---|---|---|
| 2015 | 0 | -117.43K | |
| 2016 | 0 | 47.37K | |
| 2018 | 10.31M | -85.35K | -0.83% |
| 2018 | 43.25M | -1.91M | -4.43% |
| 2019 | 128.53M | -65.30M | -50.81% |
| 2020 | 476.25M | -36.56M | -7.68% |
| 2021 | 821.68M | -296.83M | -36.13% |
| 2022 | 842.68M | -215.84M | -25.61% |
| 2023 | 770.88M | -175.52M | -22.77% |
CRLBF Income Statement (2012 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 770.88M | 842.68M | 821.68M | 476.25M | 128.53M | 43.25M | 10.31M | 0 | 0 | 0 |
Cost of revenue | 440.99M | 435.66M | 415.33M | 192.31M | 64.45M | 2.83M | 9.15M | 61 | 82 | 0 |
Gross profit | 329.88M | 407.01M | 406.34M | 283.94M | 64.08M | 40.41M | 1.15M | -61 | -82 | 0 |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 1.98M | 370K | 0 | 0 | 0 | 0 |
Selling and marketing | 8.29M | 15.57M | 29.73M | 19.03M | 12.63M | 2.04M | 455K | 0 | 0 | 0 |
Total operating expenses | 435.36M | 350.08M | 318.55M | 228.09M | 98.33M | 33.81M | 44.41K | -55.98K | 60.26K | 339.51K |
Operating income | -87.82M | 65.74M | 87.97M | 58.30M | -34.25M | 4.94M | -44.41K | 65.89K | -51.17K | -379.27K |
Other income (expenses), net | -59.07M | -192.65M | -344.70M | -40.70M | -16.58M | 779K | 139.76K | 96.42K | -56.92K | 227.94K |
Income before tax | -146.90M | -126.90M | -256.72M | 7.15M | -50.84M | 7.46M | -85.35K | 47.37K | -117.43K | 0 |
Income tax expense | 32.95M | 88.93M | 40.10M | 43.72M | 14.46M | 4.37M | -663 | -7.97K | 32.63K | 0 |
Net income | -175.52M | -215.84M | -296.83M | -36.56M | -65.30M | -1.91M | -85.35K | 47.37K | -117.43K | -36.86K |
Earnings per share | ||||||||||
Basic EPS | -0.54 | -0.72 | -1.13 | -0.17 | -0.55 | -0.03 | -2.45 | 1.16 | -3.38 | -1.11 |
Diluted EPS | -0.54 | -0.72 | -1.13 | -0.17 | -0.55 | -0.03 | -2.45 | 1.16 | -3.37 | -1.11 |
| Data source | Data source |