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 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022
Revenue	32.43	26.62	21.83	23.35	17.76
Revenue Growth (YoY)	21.81%	21.96%	-6.53%	31.51%	89.34%
Cost of Revenue	18.6	13.71	7.6	10.68	9.63
Gross Profit	13.83	12.91	14.22	12.67	8.12
Selling, General & Admin	11.32	10.25	8.62	6.47	5.85
Amortization of Goodwill & Intangibles	0.7	0.99	-	-	-
Operating Expenses	14.42	12.85	10.37	7.39	6.67
Operating Income	-0.59	0.06	3.86	5.28	1.45
Interest Expense	-1.38	-1.91	-1.71	-1.4	-0.89
Interest & Investment Income	0.18	0.35	-	-	-
Earnings From Equity Investments	-0.45	-0.25	-	-	-
Other Non Operating Income (Expenses)	6.84	-13.45	2.32	-4.12	-0
EBT Excluding Unusual Items	4.59	-15.21	4.46	-0.24	0.55
Gain (Loss) on Sale of Investments	0.25	3.09	2.4	0.13	-0.33
Gain (Loss) on Sale of Assets	-	-	-0.53	-0.18	-0.01
Other Unusual Items	-	-	-	-	0.45
Pretax Income	4.83	-12.11	6.34	-0.29	0.67
Income Tax Expense	1.6	3.86	2.3	0.37	0.25
Earnings From Continuing Operations	3.23	-15.98	4.03	-0.66	0.42
Minority Interest in Earnings	-1.5	-0.03	-0.18	0.13	0.03
Net Income	1.73	-16.01	3.86	-0.53	0.45
Net Income to Common	1.73	-16.01	3.86	-0.53	0.45
Shares Outstanding (Basic)	243	209	182	173	169
Shares Outstanding (Diluted)	251	209	214	173	169
Shares Change (YoY)	19.78%	-2.15%	23.94%	2.08%	25.11%
EPS (Basic)	0.01	-0.08	-	-0.00	0.00
EPS (Diluted)	0.01	-0.08	-	-0.00	0.00
Free Cash Flow	-1.09	-1.47	0.63	4.27	0.89
Free Cash Flow Per Share	-0.00	-0.01	0.00	0.03	0.01
Gross Margin	42.64%	48.49%	65.16%	54.26%	45.75%
Operating Margin	-1.83%	0.22%	17.66%	22.61%	8.16%
Profit Margin	5.33%	-60.12%	17.67%	-2.28%	2.52%
Free Cash Flow Margin	-3.36%	-5.51%	2.87%	18.30%	5.03%
EBITDA	0.11	1.05	4.97	5.86	2.2
EBITDA Margin	0.34%	3.96%	22.79%	25.09%	12.39%
D&A For EBITDA	0.7	0.99	1.12	0.58	0.75
EBIT	-0.59	0.06	3.86	5.28	1.45
EBIT Margin	-1.83%	0.22%	17.66%	22.61%	8.16%
Effective Tax Rate	33.17%	-	36.32%	-	36.88%
Revenue as Reported	32.43	26.62	21.83	23.35	17.76

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