Curaleaf Holdings, Inc. (CURLF)

Curaleaf Holdings Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,364	1,371	1,336	1,210	626.64	221.02
Revenue Growth (YoY)	0.31%	2.62%	10.47%	93.04%	183.52%	186.82%
Cost of Revenue	821.83	884.9	757.31	522.07	236.12	79.41
Gross Profit	542.15	486.43	579.03	687.59	390.51	141.61
Selling, General & Admin	438.29	442.76	475.56	415.74	258.15	137.63
Other Operating Expenses	4.37	4.59	115.85	96.22	68.68	31.7
Operating Expenses	507.02	442.76	591.4	511.96	326.83	169.33
Operating Income	35.13	43.67	-10.25	175.63	63.68	-21.04
Interest Income	23.6	0.02	0.14	0.63	6.48	9.94
Interest Expense	104.22	102.22	93.33	90.26	69	24.75
Other Expense / Income	118.04	111.13	122.99	21.21	-20.88	9.94
Pretax Income	-137.18	-126.65	-226.43	64.8	22.04	-45.79
Income Tax	113.13	116.69	150.5	173.93	83.37	24.06
Net Income	-276.66	-286.35	-376.93	-109.13	-61.33	-69.85
Shares Outstanding (Basic)	736	724	711	699	557	463
Shares Outstanding (Diluted)	736	724	711	699	557	463
Shares Change	2.51%	1.82%	1.77%	25.41%	20.37%	16.75%
EPS (Basic)	-0.38	-0.40	-0.53	-0.16	-0.11	-0.15
EPS (Diluted)	-0.38	-0.40	-0.53	-0.16	-0.11	-0.15
Free Cash Flow	42.13	5.05	-91.96	-205.92	-113.92	-120.4
Free Cash Flow Per Share	0.06	0.01	-0.13	-0.29	-0.20	-0.26
Gross Margin	39.75%	35.47%	43.33%	56.84%	62.32%	64.07%
Operating Margin	2.58%	3.18%	-0.77%	14.52%	10.16%	-9.52%
Profit Margin	-20.28%	-20.88%	-28.21%	-9.02%	-9.79%	-31.60%
Free Cash Flow Margin	3.09%	0.37%	-6.88%	-17.02%	-18.18%	-54.47%
Effective Tax Rate	-	-	-	268.42%	378.22%	-
EBITDA	256.63	259.47	166.23	309.76	160.05	16.17
EBITDA Margin	18.81%	18.92%	12.44%	25.61%	25.54%	7.32%
Depreciation & Amortization	221.17	215.8	176.47	132.64	88.47	37.21
EBIT	35.46	43.67	-10.25	177.12	71.59	-21.04
EBIT Margin	2.60%	3.18%	-0.77%	14.64%	11.42%	-9.52%

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