Flora Growth Corp.
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. Flora Growth Corp.'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 105% to $76,071,000. Profit margin reached -75%. Total operating expenses were $68,092,000.

Profit Margin

Flora Growth Corp. (NASDAQ:FLGC): Profit margin
2019 0 -2.84M
2020 106K -14.25M -13451.89%
2021 8.98M -21.36M -237.87%
2022 37.17M -52.62M -141.59%
2023 76.07M -57.03M -74.98%

FLGC Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
76.07M37.17M8.98M106K0
Cost of revenue
58.33M22.75M6.55M35K25.86K
Gross profit
17.73M14.41M2.42M71K-25.86K
Operating exp.
Research and development
62K430K132K78K21.04K
Selling and marketing
4.71M8.41M3.58M0-59.19K
Total operating expenses
68.09M39.87M21.37M12.46M2.79M
Operating income
-50.35M3.29M-18.95M-12.33M-2.81M
Other income (expenses), net
2.05M-57.46M-2.50M-50K-25.60K
Income before tax
-48.29M-54.16M-21.45M-14.33M-2.84M
Income tax expense
-1.62M-1.53M-98K-75K5
Net income
-57.03M-52.62M-21.36M-14.25M-2.84M
Earnings per share
Basic EPS
-7.33-13.73-6.52-3.25-0.65
Diluted EPS
-7.33-13.73-6.52-3.25-0.65
Data sourceData sourceData source