Cronos Group Inc. (CRON)

Cronos Group Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	132.36	117.62	87.24	86.75	64.56	46.72
Revenue	132.36	117.62	87.24	86.75	64.56	46.72
Revenue Growth (YoY)	19.00%	34.82%	0.57%	34.37%	38.19%	96.71%
Cost of Revenue	81.07	87.13	75.33	71.31	82.15	72.55
Gross Profit	51.29	30.48	11.91	15.44	-17.59	-25.83
Selling, General & Admin	63.26	68.12	72.18	85.72	111.84	114.96
Research & Development	4.09	4.23	5.84	13.13	21.84	20.37
Operating Expenses	77.53	84.75	91.82	119.83	147.93	153.55
Operating Income	-26.24	-54.27	-79.91	-104.39	-165.53	-179.39
Interest Expense	-	-	-	-	-	-0.19
Interest & Investment Income	42.27	52.02	51.24	22.51	9.07	18.6
Earnings From Equity Investments	-	2.37	1.58	3.11	-6.31	-4.51
Currency Exchange Gain (Loss)	27.32	57.86	-7.32	-2.29	-	-
Other Non Operating Income (Expenses)	3.83	5.61	-12.13	28.8	159.97	127.42
EBT Excluding Unusual Items	47.18	63.58	-46.54	-52.25	-2.8	-38.06
Merger & Restructuring Charges	0.24	-5.91	-1.52	-3.55	-119.9	-
Impairment of Goodwill	-	-	-	-	-	-35
Gain (Loss) on Sale of Investments	-	6.82	-23.35	-61.39	-	4.79
Gain (Loss) on Sale of Assets	-6.17	-11.55	1.11	-0.32	0.73	-
Asset Writedown	-0.04	-16.35	-3.37	-3.49	-6.54	-5
Pretax Income	41.21	36.59	-73.67	-121	-128.51	-73.27
Income Tax Expense	-0.29	-3.44	-3.23	34.18	-0.43	1.35
Earnings From Continuing Operations	41.5	40.02	-70.44	-155.18	-128.08	-74.62
Earnings From Discontinued Operations	-	-	-4.11	-13.56	-269.13	-0.65
Net Income to Company	41.5	40.02	-74.55	-168.73	-397.2	-75.27
Minority Interest in Earnings	-5.41	1.06	0.59	-	1.1	2.13
Net Income	36.1	41.08	-73.96	-168.73	-396.11	-73.14
Net Income to Common	36.1	41.08	-73.96	-168.73	-396.11	-73.14
Shares Outstanding (Basic)	383	382	381	377	370	352
Shares Outstanding (Diluted)	383	382	381	377	370	352
Shares Change (YoY)	0.43%	0.29%	1.06%	1.77%	5.35%	2.56%
EPS (Basic)	0.09	0.11	-0.19	-0.45	-1.07	-0.21
EPS (Diluted)	0.09	0.11	-0.19	-0.45	-1.07	-0.21
Free Cash Flow	-5.37	6.43	-45.34	-92.4	-164.76	-176.28
Free Cash Flow Per Share	-0.01	0.02	-0.12	-0.24	-0.45	-0.50
Gross Margin	38.75%	25.92%	13.65%	17.79%	-27.25%	-55.29%
Operating Margin	-19.82%	-46.14%	-91.60%	-120.34%	-256.39%	-383.97%
Profit Margin	27.27%	34.93%	-84.78%	-194.51%	-613.54%	-156.55%
Free Cash Flow Margin	-4.06%	5.47%	-51.97%	-106.51%	-255.20%	-377.33%
EBITDA	-13.62	-45.42	-72.45	-92.97	-152.06	-173.65
EBITDA Margin	-10.29%	-38.61%	-83.05%	-107.17%	-235.53%	-
D&A For EBITDA	12.61	8.85	7.46	11.42	13.47	5.74
EBIT	-26.24	-54.27	-79.91	-104.39	-165.53	-179.39
EBIT Margin	-19.82%	-46.14%	-91.60%	-120.34%	-256.39%	-
Revenue as Reported	132.36	117.62	87.24	86.75	64.56	46.72
Advertising Expenses	-	0.89	1.38	0.89	2.23	6.09

Updated Nov 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q