Verano Holdings Corp. (VRNOF)

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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	64.98	174.76	84.85	99.12	16.4	6.42
Cash & Short-Term Investments	67.12	174.76	84.85	99.12	16.4	6.42
Cash Growth	-48.34%	105.96%	-14.39%	504.30%	155.57%	-91.22%
Accounts Receivable	46.94	38.98	16.58	17.41	7.27	5.06
Other Receivables	-	-	-	-	0.11	0.34
Receivables	46.94	38.98	16.58	17.7	11.32	10.39
Inventory	194.05	140.69	164.53	140.7	37.35	30.69
Prepaid Expenses	13.4	37.81	48.88	19.53	6.17	2.69
Other Current Assets	0.22	1.96	3.43	-	-	-
Total Current Assets	321.72	394.2	318.28	277.04	71.25	50.19
Property, Plant & Equipment	680.19	594.76	608.18	513.58	155.97	104.24
Long-Term Investments	-	2.39	8.78	7.49	11.55	10.93
Goodwill	252.18	231.29	269.09	368.13	16.03	5.06
Other Intangible Assets	1,048	1,086	1,181	1,380	72.42	19.88
Other Long-Term Assets	13.07	9.96	10.96	2.5	2.44	3.81
Total Assets	2,315	2,319	2,396	2,549	329.65	194.11
Accounts Payable	42.49	31.28	40.5	45.17	18.29	18.54
Accrued Expenses	63.78	60.99	38.18	39.53	11.83	2.16
Current Portion of Long-Term Debt	22.53	52.01	24.46	13.77	7.81	8.15
Current Portion of Leases	11.01	9.75	8.89	6.56	1.8	1.65
Current Income Taxes Payable	285.27	248.47	252.77	154.51	41.16	11.21
Current Unearned Revenue	6.14	5.78	3.58	2.62	2.06	0.95
Other Current Liabilities	4.15	3.92	18.26	208.35	33.34	13.67
Total Current Liabilities	435.38	412.19	386.65	470.52	116.29	56.34
Long-Term Debt	397.62	393.64	388.54	276.15	32.48	6.21
Long-Term Leases	90.8	87.4	76.85	56.81	10.62	9.6
Long-Term Unearned Revenue	-	-	-	1.18	2.04	-
Long-Term Deferred Tax Liabilities	168.16	182.22	196.47	262.18	14.82	5.11
Other Long-Term Liabilities	5.01	3.23	5.99	-	-	-
Total Liabilities	1,097	1,079	1,055	1,067	176.25	77.27
Common Stock	1,729	1,682	1,666	1,536	137.91	111.75
Retained Earnings	-510.9	-441.75	-324.4	-55.24	9.25	-
Comprehensive Income & Other	0	-0.01	-0.01	-	-	-
Total Common Equity	1,218	1,240	1,342	1,481	147.16	111.75
Minority Interest	-0.23	-	-	1.28	6.24	5.09
Shareholders' Equity	1,218	1,240	1,342	1,482	153.4	116.84
Total Liabilities & Equity	2,315	2,319	2,396	2,549	329.65	194.11
Total Debt	521.96	542.79	498.75	353.3	52.72	25.62
Net Cash (Debt)	-454.84	-368.03	-413.9	-254.18	-36.32	-19.21
Net Cash Per Share	-1.31	-1.07	-1.25	-0.88	-0.13	-0.07
Filing Date Shares Outstanding	356.93	344.07	341.77	327.87	293.2	15.87
Total Common Shares Outstanding	356.93	344.07	339.98	324.31	16.03	13.92
Working Capital	-113.65	-17.99	-68.37	-193.47	-45.04	-6.15
Book Value Per Share	3.41	3.60	3.95	4.57	9.18	8.03
Tangible Book Value	-81.76	-77.36	-108.3	-267.51	58.71	86.81
Tangible Book Value Per Share	-0.23	-0.22	-0.32	-0.82	3.66	6.24
Land	32.03	30.93	31.88	29.4	12.14	-
Buildings	195.93	194.27	197.82	126.02	15.22	-
Machinery	154.21	140.5	131.17	96.34	36.88	-
Construction In Progress	111.7	39.84	41.8	64.11	8.51	-
Leasehold Improvements	264.16	230.88	211.79	182.51	89.39	-

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