Verano Holdings Corp. (NEO: VRNO)

Verano Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	130.05	174.76	84.85	99.12	16.4	6.42
Cash & Short-Term Investments	130.05	174.76	84.85	99.12	16.4	6.42
Cash Growth	26.78%	105.96%	-14.39%	504.30%	155.57%	-91.22%
Accounts Receivable	43.21	38.98	16.58	17.41	7.27	5.06
Other Receivables	-	-	-	-	0.11	0.34
Receivables	43.21	38.98	16.58	17.7	11.32	10.39
Inventory	169.36	140.69	164.53	140.7	37.35	30.69
Prepaid Expenses	14.72	37.81	48.88	19.53	6.17	2.69
Other Current Assets	0.22	1.96	3.43	-	-	-
Total Current Assets	357.56	394.2	318.28	277.04	71.25	50.19
Property, Plant & Equipment	598.35	594.76	608.18	513.58	155.97	104.24
Long-Term Investments	2.46	2.39	8.78	7.49	11.55	10.93
Goodwill	231.29	231.29	269.09	368.13	16.03	5.06
Other Intangible Assets	1,041	1,086	1,181	1,380	72.42	19.88
Other Long-Term Assets	8.82	9.96	10.96	2.5	2.44	3.81
Total Assets	2,239	2,319	2,396	2,549	329.65	194.11
Accounts Payable	25.2	31.28	40.5	45.17	18.29	18.54
Accrued Expenses	65.78	60.99	38.18	39.53	11.83	2.16
Current Portion of Long-Term Debt	4.06	52.01	24.46	13.77	7.81	8.15
Current Portion of Leases	10.21	9.75	8.89	6.56	1.8	1.65
Current Income Taxes Payable	251.24	248.47	252.77	154.51	41.16	11.21
Current Unearned Revenue	-	5.78	3.58	2.62	2.06	0.95
Other Current Liabilities	4.11	3.92	18.26	208.35	33.34	13.67
Total Current Liabilities	360.59	412.19	386.65	470.52	116.29	56.34
Long-Term Debt	391.72	393.64	388.54	276.15	32.48	6.21
Long-Term Leases	86.78	87.4	76.85	56.81	10.62	9.6
Long-Term Unearned Revenue	-	-	-	1.18	2.04	-
Long-Term Deferred Tax Liabilities	174.79	182.22	196.47	262.18	14.82	5.11
Other Long-Term Liabilities	3.78	3.23	5.99	-	-	-
Total Liabilities	1,018	1,079	1,055	1,067	176.25	77.27
Common Stock	1,690	1,682	1,666	1,536	137.91	111.75
Retained Earnings	-468.33	-441.75	-324.4	-55.24	9.25	-
Comprensive Income & Other	0	-0.01	-0.01	-	-	-
Total Common Equity	1,221	1,240	1,342	1,481	147.16	111.75
Minority Interest	-	-	-	1.28	6.24	5.09
Shareholders' Equity	1,221	1,240	1,342	1,482	153.4	116.84
Total Liabilities & Equity	2,239	2,319	2,396	2,549	329.65	194.11
Total Debt	492.76	542.79	498.75	353.3	52.72	25.62
Net Cash (Debt)	-362.71	-368.03	-413.9	-254.18	-36.32	-19.21
Net Cash Per Share	-1.05	-1.07	-1.25	-0.88	-0.13	-0.07
Filing Date Shares Outstanding	346.42	344.07	341.77	327.87	293.2	15.87
Total Common Shares Outstanding	346.42	344.07	339.98	324.31	16.03	13.92
Working Capital	-3.03	-17.99	-68.37	-193.47	-45.04	-6.15
Book Value Per Share	3.53	3.60	3.95	4.57	9.18	8.03
Tangible Book Value	-50.47	-77.36	-108.3	-267.51	58.71	86.81
Tangible Book Value Per Share	-0.15	-0.22	-0.32	-0.82	3.66	6.24
Land	30.93	30.93	31.88	29.4	12.14	-
Buildings	194.27	194.27	197.82	126.02	15.22	-
Machinery	144.05	140.5	131.17	96.34	36.88	-
Construction In Progress	62.84	39.84	41.8	64.11	8.51	-
Leasehold Improvements	235.86	230.88	211.79	182.51	89.39	-

Source: S&P Capital IQ. Standard template. Financial Sources.