Verano Holdings 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. Verano Holdings Corp.'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 7% to $938,452,000. The net income raised on -$117,348,000 and profit margin reached -13%. Total operating expenses were $390,116,000.
Profit Margin
| 2019 | 0 | -60.34K | |
|---|---|---|---|
| 2020 | 290.78M | -264.21K | -0.09% |
| 2021 | 737.85M | -12.16M | -1.65% |
| 2022 | 879.41M | -268.87M | -30.57% |
| 2023 | 938.45M | -117.34M | -12.5% |
VRNOF Income Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Revenue | |||||
Revenue | 938.45M | 879.41M | 737.85M | 290.78M | 0 |
Cost of revenue | 463.24M | 456.35M | 403.28M | 118.28M | 0 |
Gross profit | 475.20M | 423.06M | 334.56M | 172.50M | 0 |
Operating exp. | |||||
Research and development | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 8.64M | 0 | 0 |
Total operating expenses | 390.11M | 472.72M | 229.96M | 233.82K | 57.95K |
Operating income | 84.78M | -16.46M | 107.68M | -233.82K | -57.95K |
Other income (expenses), net | -56.98M | -146.94M | -15.72M | -9.85M | -5.64K |
Income before tax | 27.79M | -163.40M | 91.96M | -249.02K | -63.59K |
Income tax expense | 145.14M | 105.47M | 104.12M | 15.19K | -3.25K |
Net income | -117.34M | -268.87M | -12.16M | -264.21K | -60.34K |
Earnings per share | |||||
Basic EPS | -0.34 | -0.81 | -0.04 | -0.00 | -0.00 |
Diluted EPS | -0.34 | -0.81 | -0.04 | -0.00 | -0.00 |
| Data source | Data source |