Verano Holdings Corp. (VRNOF)

Verano Holdings Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	938.45	879.41	737.85	0	0
Revenue Growth (YoY)	6.71%	19.19%	-	-	-
Cost of Revenue	463.25	456.35	403.29	0	0
Gross Profit	475.21	423.06	334.56	0	0
Selling, General & Admin	331.93	356.57	188.18	0.23	0.06
Other Operating Expenses	4.59	116.15	41.78	0	0
Operating Expenses	331.93	472.72	229.97	0.23	0.06
Operating Income	84.78	-16.46	107.68	-0.23	-0.06
Interest Expense	59.79	49.43	24.27	0.02	0.01
Other Expense / Income	-2.81	97.51	-8.55	0	-
Pretax Income	27.8	-163.4	91.96	-0.25	-0.06
Income Tax	145.15	105.47	104.13	0.02	-0
Net Income	-117.35	-268.87	-12.17	-0.26	-0.06
Shares Outstanding (Basic)	343	331	288	290	290
Shares Outstanding (Diluted)	343	331	290	290	290
Shares Change	3.43%	14.10%	0.15%	-	-
EPS (Basic)	-0.34	-0.81	-0.04	-0.00	-0.00
EPS (Diluted)	-0.34	-0.81	-0.04	-0.00	-0.00
Free Cash Flow	73.38	-24.83	31.56	-0.18	-0.05
Free Cash Flow Per Share	0.21	-0.07	0.11	-0.00	-0.00
Gross Margin	50.64%	48.11%	45.34%	-	-
Operating Margin	9.03%	-1.87%	14.59%	-	-
Profit Margin	-12.50%	-30.57%	-1.65%	-	-
Free Cash Flow Margin	7.82%	-2.82%	4.28%	-	-
Effective Tax Rate	522.15%	-	113.23%	-	-
EBITDA	299.19	133.87	213.56	-0.23	-0.06
EBITDA Margin	31.88%	15.22%	28.94%	-	-
Depreciation & Amortization	151.63	150.33	96.24	0	0
EBIT	147.57	-16.46	117.32	-	-
EBIT Margin	15.72%	-1.87%	15.90%	-	-

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.