Lowell Farms
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. Lowell Farms's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 35% to $28,265,000. Profit margin reached -132%. Total operating expenses were $10,120,000.
Profit Margin
| 2014 | 0 | -521.8K | |
|---|---|---|---|
| 2015 | 0 | -254.25K | |
| 2016 | 0 | -182.86K | |
| 2017 | 15.46M | -157.94K | -1.02% |
| 2018 | 0 | -380.92K | |
| 2019 | 37.04M | -50.75M | -137% |
| 2020 | 42.61M | -7.61M | -17.87% |
| 2021 | 53.72M | -24.67M | -45.93% |
| 2022 | 43.53M | -24.56M | -56.42% |
| 2023 | 28.26M | -37.34M | -132.11% |
LOWLF Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 28.26M | 43.53M | 53.72M | 42.61M | 37.04M | 0 | 15.46M | 0 | 0 | 0 |
Cost of revenue | 35.70M | 45.37M | 51.24M | 23.53M | 46.27M | 0 | 33.90K | 0 | 51.10K | 0 |
Gross profit | -7.44M | -1.84M | 2.47M | 19.08M | -9.23M | 0 | 15.43M | 0 | -51.10K | 0 |
Operating exp. | ||||||||||
Research and development | 323K | 441.38K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 2.39M | 5.27M | 8.55M | 5.16M | 8.02M | 0 | 2.43M | 0 | 0 | 0 |
Total operating expenses | 10.12M | 15.27M | 23.42M | 20.60M | 34.82M | 255.50K | 169.98K | 198.93K | 219.37K | 285.17K |
Operating income | -17.56M | -17.11M | -20.94M | -28K | -46.39M | -376.44K | -169.98K | -198.93K | -269.45K | -521.8K |
Other income (expenses), net | -19.61M | -7.25M | -3.51M | -5.87M | -4.14M | -120.93K | 6.04K | 8.03K | -42.7K | -238.71K |
Income before tax | -37.18M | -24.37M | -24.46M | -7.39M | -50.54M | -380.92K | -163.96K | -190.90K | -261.85K | -521.8K |
Income tax expense | 161K | 191K | 213K | 224K | 205K | 4.48K | -6.02K | -8.03K | -7.59K | -236.72K |
Net income | -37.34M | -24.56M | -24.67M | -7.61M | -50.75M | -380.92K | -157.94K | -182.86K | -254.25K | -521.8K |
Earnings per share | ||||||||||
Basic EPS | -2.76 | -2.17 | -2.72 | -2.26 | -16.17 | -0.35 | -0.01 | -0.00 | -0.05 | -0.11 |
Diluted EPS | -2.76 | -2.17 | -2.72 | -2.24 | -16.17 | -0.35 | -0.01 | -0.00 | -0.05 | -0.11 |
| Data source | Data source | Data source |