American Cannabis Company, Inc. (AMMJ)

American Cannabis Company Income Statement

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
Revenue	1.6	2.48	18.81	2.43	1.57	2.13
Revenue Growth (YoY)	-89.35%	-86.83%	675.54%	54.49%	-26.33%	116.90%
Cost of Revenue	1.4	1.43	16.27	1.37	0.85	0.79
Gross Profit	0.2	1.04	2.54	1.06	0.72	1.34
Selling, General & Admin	1.09	1.8	3.06	2.25	1.31	1.36
Operating Expenses	2.83	3.56	3.14	2.35	1.34	1.67
Operating Income	-2.63	-2.52	-0.61	-1.29	-0.62	-0.33
Interest Expense	-0.14	-0.11	-0.08	-0.08	-0	-
Other Non Operating Income (Expenses)	0.13	0.3	0.05	0.04	0.09	0.03
EBT Excluding Unusual Items	-2.64	-2.33	-0.63	-1.33	-0.53	-0.3
Impairment of Goodwill	-1.33	-1.33	-	-	-	-
Legal Settlements	-	-	-	-0.35	-	-
Other Unusual Items	-	-	-	0.24	-	-
Pretax Income	-3.97	-3.66	-0.63	-1.44	-0.53	-0.3
Net Income	-3.97	-3.66	-0.63	-1.44	-0.53	-0.3
Net Income to Common	-3.97	-3.66	-0.63	-1.44	-0.53	-0.3
Shares Outstanding (Basic)	160	110	86	78	58	52
Shares Outstanding (Diluted)	160	110	86	78	58	52
Shares Change (YoY)	85.75%	28.21%	9.36%	36.21%	9.68%	1.95%
EPS (Basic)	-0.02	-0.03	-0.01	-0.02	-0.01	-0.01
EPS (Diluted)	-0.02	-0.03	-0.01	-0.02	-0.01	-0.01
Free Cash Flow	0.15	-0.08	-0.3	-1.32	-0.53	-0.14
Free Cash Flow Per Share	0.00	-0.00	-0.00	-0.02	-0.01	-0.00
Gross Margin	12.61%	42.08%	13.49%	43.55%	45.91%	62.84%
Operating Margin	-164.60%	-101.73%	-3.22%	-53.22%	-39.75%	-15.67%
Profit Margin	-248.52%	-147.83%	-3.37%	-59.35%	-33.92%	-14.16%
Free Cash Flow Margin	9.26%	-3.31%	-1.61%	-54.25%	-33.64%	-6.64%
EBITDA	-2.38	-2.28	-0.38	-1.2	-0.61	-0.33
EBITDA Margin	-148.84%	-91.97%	-2.01%	-49.28%	-38.87%	-15.36%
D&A For EBITDA	0.25	0.24	0.23	0.1	0.01	0.01
EBIT	-2.63	-2.52	-0.61	-1.29	-0.62	-0.33
EBIT Margin	-164.60%	-101.73%	-3.22%	-53.22%	-39.75%	-15.67%
Revenue as Reported	1.6	2.48	18.81	2.43	1.57	2.13
Advertising Expenses	-	-	-	0.12	0.01	0.03

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