Flora Growth Corp. (FLGC)
NASDAQ: FLGC · Real-Time Price · USD
1.220
-0.090 (-6.87%)
At close: Nov 20, 2024, 4:00 PM
1.200
-0.020 (-1.64%)
Pre-market: Nov 21, 2024, 7:03 AM EST
Flora Growth Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 |
| Revenue | 64.15 | 76.07 | 33.4 | 8.98 | 0.11 | - |
| Revenue Growth (YoY) | -6.54% | 127.75% | 271.95% | 8371.70% | - | - |
| Cost of Revenue | 50.8 | 58.33 | 20.15 | 6.56 | 0.04 | - |
| Gross Profit | 13.35 | 17.74 | 13.25 | 2.43 | 0.07 | - |
| Selling, General & Admin | 20.19 | 22.16 | 25.4 | 17.02 | 7.37 | 3.2 |
| Research & Development | 0.25 | 0.06 | 0.39 | 0.13 | 0.08 | 0.03 |
| Other Operating Expenses | 1.63 | 2.2 | 1.51 | 1.05 | - | - |
| Operating Expenses | 24.41 | 28.59 | 33.79 | 21.38 | 12.47 | 3.38 |
| Operating Income | -11.06 | -10.85 | -20.54 | -18.95 | -12.4 | -3.38 |
| Interest Expense | -0.05 | -0.09 | - | -0.03 | -0.03 | -0.02 |
| Interest & Investment Income | - | - | 0.03 | - | - | - |
| Currency Exchange Gain (Loss) | -0.03 | 0.16 | -0.32 | -0.08 | -0.02 | -0.01 |
| Other Non Operating Income (Expenses) | - | - | - | - | -0.07 | - |
| EBT Excluding Unusual Items | -11.14 | -10.78 | -20.83 | -19.06 | -12.52 | -3.41 |
| Merger & Restructuring Charges | - | - | -0.9 | - | - | - |
| Impairment of Goodwill | -23.37 | -23.37 | -25.07 | -0.05 | -1.82 | - |
| Gain (Loss) on Sale of Investments | -0.23 | 1.99 | -0.59 | -2.35 | - | - |
| Asset Writedown | 17.34 | -16.14 | -0.71 | - | - | - |
| Pretax Income | -17.4 | -48.3 | -48.11 | -21.46 | -14.33 | -3.41 |
| Income Tax Expense | -0.45 | -1.63 | -1.41 | -0.1 | - | - |
| Earnings From Continuing Operations | -16.95 | -46.67 | -46.7 | -21.36 | -14.33 | -3.41 |
| Earnings From Discontinued Operations | -1.89 | -9.68 | -5.93 | - | - | - |
| Net Income to Company | -18.84 | -56.35 | -52.63 | -21.36 | -14.33 | -3.41 |
| Minority Interest in Earnings | -1.05 | -0.69 | 0.21 | 0.11 | 0.16 | 0.02 |
| Net Income | -19.88 | -57.04 | -52.42 | -21.25 | -14.17 | -3.39 |
| Net Income to Common | -19.88 | -57.04 | -52.42 | -21.25 | -14.17 | -3.39 |
| Shares Outstanding (Basic) | 11 | 7 | 4 | 2 | 1 | 1 |
| Shares Outstanding (Diluted) | 11 | 7 | 4 | 2 | 1 | 1 |
| Shares Change (YoY) | 78.40% | 91.96% | 74.36% | 47.00% | 100.79% | - |
| EPS (Basic) | -1.82 | -7.75 | -13.68 | -9.67 | -9.48 | -4.55 |
| EPS (Diluted) | -1.82 | -7.75 | -13.68 | -9.67 | -9.48 | -4.55 |
| Free Cash Flow | -4.91 | -8.63 | -17.23 | -24.92 | -8.66 | -0.71 |
| Free Cash Flow Per Share | -0.45 | -1.17 | -4.50 | -11.34 | -5.79 | -0.96 |
| Gross Margin | 20.81% | 23.32% | 39.67% | 27.00% | 66.98% | - |
| Operating Margin | -17.24% | -14.26% | -61.50% | -211.05% | -11693.40% | - |
| Profit Margin | -30.99% | -74.98% | -156.93% | -236.63% | -13367.92% | - |
| Free Cash Flow Margin | -7.66% | -11.34% | -51.58% | -277.53% | -8165.09% | - |
| EBITDA | -10.06 | -8.36 | -17.91 | -18.45 | -12.32 | -3.35 |
| EBITDA Margin | -15.69% | -10.99% | -53.62% | -205.47% | - | - |
| D&A For EBITDA | 1 | 2.48 | 2.63 | 0.5 | 0.07 | 0.03 |
| EBIT | -11.06 | -10.85 | -20.54 | -18.95 | -12.4 | -3.38 |
| EBIT Margin | -17.24% | -14.26% | -61.50% | -211.05% | - | - |
| Advertising Expenses | - | 4.71 | 8.03 | 3.59 | - | - |
Source: S&P Capital IQ. Standard template. Financial Sources.