Charlotte's Web Holdings
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. Charlotte's Web Holdings's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 15% to $63,155,000. The net income raised on -$23,796,000 and profit margin reached -38%. Total operating expenses were $76,178,000.

Profit Margin

Charlotte's Web Holdings, Inc. (TSX:CWEB.TO): Profit margin
2016 14.73M 614K 4.17%
2017 40.00M 7.47M 18.68%
2018 69.50M 11.80M 16.99%
2019 94.59M -15.56M -16.46%
2020 95.22M -47.18M -49.55%
2021 96.09M -137.72M -143.32%
2022 74.13M -59.31M -80%
2023 63.15M -23.79M -37.68%

CWEB.TO Income Statement (2016 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016
Revenue
Revenue
63.15M74.13M96.09M95.22M94.59M69.50M40.00M14.73M
Cost of revenue
27.58M54.72M47.50M42.97M43.99M17.20M10.06M5.12M
Gross profit
35.56M19.41M48.58M52.25M50.60M52.3M29.94M9.60M
Operating exp.
Research and development
03.43M5.50M5.95M1.75M837K508K449K
Selling and marketing
13.78M12.21M17.52M30.01M28.10M12.80M5.94M3.07M
Total operating expenses
76.17M70.06M97.64M104.72M75.40M37.31M17.92M8.62M
Operating income
-40.61M-50.64M39.51M-52.47M-24.80M14.98M12.02M980K
Other income (expenses), net
17.34M-8.57M-177.09M12.64M3.59M194K-227K-39K
Income before tax
-23.26M-59.22M-137.57M-40.87M-21.20M15.54M11.79M941K
Income tax expense
529K91K143K6.31M-5.64M3.73M4.32M327K
Net income
-23.79M-59.31M-137.72M-47.18M-15.56M11.80M7.47M614K
Earnings per share
Basic EPS
-0.16-0.4-0.98-0.38-0.160.120.080.00
Diluted EPS
-0.16-0.4-0.98-0.38-0.160.120.080.00
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