Charlotte's Web Holdings, Inc. (CWBHF)

Charlotte's Web 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	58.65	64.31	74.14	96.09	95.23	94.59
Revenue Growth (YoY)	-18.30%	-13.25%	-22.85%	0.91%	0.67%	36.10%
Cost of Revenue	30.36	39.9	54.73	47.51	42.97	43.99
Gross Profit	28.3	24.42	19.41	48.59	52.26	50.6
Selling, General & Admin	67.83	62.2	70.06	97.64	77.67	70.77
Research & Development	3.19	3.02	3.3	5.45	5.95	1.75
Other Operating Expenses	-1.38	-2.69	0.74	0.05	21.11	2.89
Operating Expenses	69.37	65.22	70.06	97.64	104.73	75.41
Operating Income	-41.07	-40.8	-50.65	39.52	-52.47	-24.81
Interest Income	-0.7	0	0	0	0.19	0.99
Interest Expense	4.68	0	8.57	0	1.26	0.33
Other Expense / Income	-16.09	-17.11	-	177.1	-12.67	-2.93
Pretax Income	-30.15	-23.69	-59.22	-137.58	-40.87	-21.21
Income Tax	0.35	0.54	0.09	0.14	6.31	-5.64
Net Income	-30.71	-24.23	-59.31	-137.72	-47.19	-15.57
Shares Outstanding (Basic)	156	153	147	141	125	97
Shares Outstanding (Diluted)	156	153	147	141	125	97
Shares Change	2.44%	4.30%	4.16%	12.60%	29.49%	1.59%
EPS (Basic)	-0.20	-0.16	-0.40	-0.98	-0.38	-0.16
EPS (Diluted)	-0.20	-0.16	-0.40	-0.98	-0.38	-0.16
Free Cash Flow	-22.04	-19.17	-5.58	-34.48	-76.85	-48.53
Free Cash Flow Per Share	-0.14	-0.13	-0.04	-0.24	-0.61	-0.50
Gross Margin	48.25%	37.97%	26.18%	50.56%	54.87%	53.49%
Operating Margin	-70.02%	-63.44%	-68.32%	41.13%	-55.10%	-26.22%
Profit Margin	-52.36%	-37.68%	-80.00%	-143.32%	-49.55%	-16.46%
Free Cash Flow Margin	-37.58%	-29.81%	-7.53%	-35.88%	-80.70%	-51.30%
EBITDA	-27.32	-25.36	-32.36	50.54	-42.53	-16.92
EBITDA Margin	-46.59%	-39.43%	-43.65%	52.60%	-44.66%	-17.88%
Depreciation & Amortization	13.95	15.44	8.97	11.03	9.75	3.97
EBIT	-41.28	-40.8	-41.33	39.52	-52.29	-20.88
EBIT Margin	-70.37%	-63.44%	-55.75%	41.13%	-54.91%	-22.08%

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