Verano Holdings Corp.
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Verano Holdings Corp. generated cash of $109,710,000, which is more than the previous year. Cash used in financing activities reached the amount of $27,604,000 last year. Net change in cash is therefore $89,909,000.
Cash Flow
| 2019 | -52.96K | -109.22M | 53.74K |
|---|---|---|---|
| 2020 | -178.78K | 0 | 184.58K |
| 2021 | 181.19M | -454.15M | 355.67M |
| 2022 | 94.34M | -207.85M | 99.24M |
| 2023 | 109.71M | -47.4M | 27.60M |
VRNOF Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 84.85M | 99.11M | 16.40M | 948 | 151 |
Operating activities | |||||
Net income | -117.34M | -268.87M | -14.67M | -249.02K | -63.59K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 151.62M | 150.32M | 96.24M | 0 | 9.59M |
Stock-based compensation expense | 13.23M | 39.05M | 45.25M | 1.81K | 6.62K |
| Deferred income tax benefit | 13.23M | 39.05M | 45.25M | 1.81K | 6.62K |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | -22.67M | 821K | -6.67M | 0 | -3.40M |
Inventories | 23.88M | -24.23M | -59.50M | 0 | -10.86M |
Accounts payable | -8.88M | -7.58M | 9.92M | 67.32K | 2.61K |
Cash generated by operating activities | 109.71M | 94.34M | 181.19M | -178.78K | -52.96K |
Investing activities | |||||
Purchases Of Investments | 0 | 0 | -7.84M | 0 | 0 |
Investments In Property Plant And Equipment | -36.33M | -119.17M | -149.63M | 0 | -76.66M |
Acquisitions Net | -13.25M | -94.92M | -313.16M | 0 | -4.46M |
Cash generated by investing activities | -47.4M | -207.85M | -454.15M | 0 | -109.22M |
Financing activities | |||||
Common Stock Issued | 0 | 0 | 0 | 105.74K | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | -7.92M |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 29.22M | 123.48M | -10.75M | -24.18M | 65.07K |
Cash used in financing activities | 27.60M | 99.24M | 355.67M | 184.58K | 53.74K |
Net Change In Cash | 89.90M | -14.26M | 82.71M | 5.79K | 774 |
Cash at end of period | 174.76M | 84.85M | 99.11M | 6.74K | 926 |
| Data source | Data source |