Grown Rogue International Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Revenue	32.43	27.02	21.83	17.76	9.38
Revenue Growth (YoY)	20.03%	23.77%	22.93%	89.34%	121.22%
Cost of Revenue	18.28	13.58	7.6	9.63	3.28
Gross Profit	14.15	13.44	14.22	8.12	6.1
Selling, General & Admin	11.64	10.08	8.62	5.85	3.98
Amortization of Goodwill & Intangibles	0.7	-	-	-	-
Operating Expenses	14.74	12.32	10.37	6.67	4.44
Operating Income	-0.59	1.12	3.86	1.45	1.66
Interest Expense	-1.38	-2.42	-1.71	-0.89	-1.15
Interest & Investment Income	0.18	-	-	-	-
Earnings From Equity Investments	-0.45	-0.17	-	-	-
Other Non Operating Income (Expenses)	6.84	-10.83	2.32	-0	-1.28
EBT Excluding Unusual Items	4.59	-12.3	4.46	0.55	-0.77
Gain (Loss) on Sale of Investments	0.25	3.09	2.4	-0.33	-0.04
Gain (Loss) on Sale of Assets	-	0.05	-0.53	-0.01	-0.01
Other Unusual Items	-	0.16	-	0.45	-0.05
Pretax Income	4.83	-9	6.34	0.67	-0.86
Income Tax Expense	1.6	1.7	2.3	0.25	0.15
Earnings From Continuing Operations	3.23	-10.7	4.03	0.42	-1.01
Minority Interest in Earnings	-1.5	-0.61	-0.18	0.03	-1.4
Net Income	1.73	-11.3	3.86	0.45	-2.41
Net Income to Common	1.73	-11.3	3.86	0.45	-2.41
Net Income Growth	-	-	761.96%	-	-
Shares Outstanding (Basic)	250	209	182	169	135
Shares Outstanding (Diluted)	250	209	214	169	135
Shares Change (YoY)	19.24%	-2.15%	26.51%	25.11%	49.27%
EPS (Basic)	0.01	-0.05	-	0.00	-0.02
EPS (Diluted)	0.01	-0.05	-	0.00	-0.02
Free Cash Flow	-1.09	5.39	0.63	0.89	-2.29
Free Cash Flow Per Share	-0.00	0.03	0.00	0.01	-0.02
Gross Margin	43.63%	49.75%	65.16%	45.75%	65.05%
Operating Margin	-1.83%	4.15%	17.66%	8.16%	17.66%
Profit Margin	5.33%	-41.84%	17.67%	2.52%	-25.70%
Free Cash Flow Margin	-3.36%	19.93%	2.87%	5.03%	-24.37%
EBITDA	2.25	2.06	4.97	2.2	1.84
EBITDA Margin	6.94%	7.62%	22.79%	12.39%	19.63%
D&A For EBITDA	2.84	0.94	1.12	0.75	0.19
EBIT	-0.59	1.12	3.86	1.45	1.66
EBIT Margin	-1.83%	4.15%	17.66%	8.16%	17.66%
Effective Tax Rate	33.17%	-	36.32%	36.88%	-
Revenue as Reported	32.43	27.02	21.83	17.76	9.38

Source: S&P Global Market Intelligence. Standard template. Financial Sources.