Verano Holdings Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	85.2	82.72	87.8	174.76	84.85	99.12
Cash & Short-Term Investments	85.2	82.72	87.8	174.76	84.85	99.12
Cash Growth	24.25%	-5.78%	-49.76%	105.96%	-14.39%	504.30%
Accounts Receivable	28.79	30.93	40.26	38.98	16.58	17.41
Other Receivables	28.74	11.99	5.14	-	-	-
Receivables	57.54	42.92	45.41	38.98	16.58	17.7
Inventory	222.2	229.97	184.46	155.77	164.53	140.7
Prepaid Expenses	15.42	21.2	12.84	22.73	48.88	19.53
Other Current Assets	23.93	27.84	32.15	1.96	3.43	-
Total Current Assets	404.28	404.65	362.65	394.2	318.28	277.04
Property, Plant & Equipment	574.51	586.28	637.88	594.76	608.18	513.58
Long-Term Investments	-	-	-	2.29	8.78	7.49
Goodwill	161.01	161.01	246.23	231.29	269.09	368.13
Other Intangible Assets	550.12	579.09	734.01	1,086	1,181	1,380
Other Long-Term Assets	9.33	10.57	13.33	10.06	10.96	2.5
Total Assets	1,699	1,742	1,994	2,319	2,396	2,549
Accounts Payable	26.52	38.74	39.93	31.28	40.5	45.17
Accrued Expenses	59.69	61.79	61.49	60.99	38.18	39.53
Current Portion of Long-Term Debt	10.55	7.85	18.15	52.01	24.46	13.77
Current Portion of Leases	12.56	11.98	11.25	9.75	8.89	6.56
Current Income Taxes Payable	-	12.12	63.91	248.47	252.77	154.51
Current Unearned Revenue	-	7.51	7.45	5.78	3.58	2.62
Other Current Liabilities	0.04	0.27	0.94	3.92	18.26	208.35
Total Current Liabilities	109.37	140.26	203.11	412.19	386.65	470.52
Long-Term Debt	382.06	391.88	395.7	393.64	388.54	276.15
Long-Term Leases	88.51	91.09	97.88	87.4	76.85	56.81
Long-Term Unearned Revenue	-	-	-	-	-	1.18
Long-Term Deferred Tax Liabilities	43.41	36.64	74.1	182.22	196.47	262.18
Other Long-Term Liabilities	401.19	379.34	272.49	3.23	5.99	-
Total Liabilities	1,025	1,039	1,043	1,079	1,055	1,067
Common Stock	1,751	1,746	1,736	1,682	1,666	1,536
Retained Earnings	-1,073	-1,042	-783.61	-441.75	-324.4	-55.24
Comprehensive Income & Other	-	-	0.01	-0.01	-0.01	-
Total Common Equity	676.53	704.16	952.17	1,240	1,342	1,481
Minority Interest	-1.82	-1.78	-1.36	-	-	1.28
Shareholders' Equity	674.71	702.38	950.82	1,240	1,342	1,482
Total Liabilities & Equity	1,699	1,742	1,994	2,319	2,396	2,549
Total Debt	493.68	502.8	522.98	542.79	498.75	353.3
Net Cash (Debt)	-408.49	-420.08	-435.19	-368.03	-413.9	-254.18
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-5.62	-5.82	-6.22	-5.37	-6.24	-4.38
Filing Date Shares Outstanding	73.22	72.65	71.79	68.81	68.35	83.84
Total Common Shares Outstanding	73.22	72.65	71.75	68.81	68	89.75
Working Capital	294.92	264.39	159.54	-17.99	-68.37	-193.47
Book Value Per Share	9.24	9.69	13.27	18.02	19.73	16.50
Tangible Book Value	-34.6	-35.94	-28.06	-77.36	-108.3	-267.51
Tangible Book Value Per Share	-0.47	-0.49	-0.39	-1.12	-1.59	-2.98
Land	-	26.06	29.03	30.93	31.88	29.4
Buildings	-	162.9	173.43	194.27	197.82	126.02
Machinery	-	154.84	152.33	140.5	131.17	96.34
Construction In Progress	-	100.17	96.98	39.84	41.8	64.11
Leasehold Improvements	-	282.72	268.84	230.88	211.79	182.51