SNDL Inc. (SNDL)

SNDL Inc. Income Statement

Financials in millions CAD. 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
Revenue	951.58	920.45	909.01	712.2	56.13	60.92
Revenue Growth (YoY)	4.43%	1.26%	27.63%	1168.88%	-7.86%	-4.16%
Cost of Revenue	694.36	680.12	718.59	571.82	65.13	110.79
Gross Profit	257.22	240.33	190.42	140.38	-9	-49.87
Selling, General & Admin	196.16	199.25	214.77	148.59	43.09	37.77
Research & Development	0.48	0.35	0.32	2.45	2.45	0.49
Operating Expenses	268.71	273.88	290.71	201.65	63.13	51.53
Operating Income	-11.49	-33.55	-100.3	-61.27	-72.13	-101.4
Interest Expense	-7.47	-7.7	-7.92	-5.9	-0.78	-10.98
Interest & Investment Income	9.55	16.31	6.12	17.62	13.72	0.22
Earnings From Equity Investments	-70.85	-65.46	6.76	-43	32.91	-
Currency Exchange Gain (Loss)	-0.37	-0.58	-0.37	-0.02	0.53	-1
Other Non Operating Income (Expenses)	0.86	4.72	5.62	10.58	-95.69	-9.64
EBT Excluding Unusual Items	-79.77	-86.25	-90.09	-82	-121.42	-122.8
Merger & Restructuring Charges	-9.89	-6.55	-23.29	-7.13	-2.77	-6.47
Impairment of Goodwill	-	-	-29	-156.17	-	-
Gain (Loss) on Sale of Investments	-	-0.58	-3.32	-101.25	-47.8	-
Gain (Loss) on Sale of Assets	0.13	-0.37	-0.35	-0.09	0.24	0.49
Asset Writedown	-14.87	-17.32	-25.97	-39.86	-60	-79.19
Legal Settlements	-	-	-	6.45	-	-
Other Unusual Items	5.46	5.46	-	0.29	-2.94	1.66
Pretax Income	-98.95	-105.61	-172.02	-379.77	-234.7	-206.32
Income Tax Expense	-6.56	-9.41	-	-7.34	-7.91	-
Earnings From Continuing Operations	-92.39	-96.2	-172.02	-372.43	-226.78	-206.32
Earnings From Discontinued Operations	-	-	-4.54	-	-	-33.63
Net Income to Company	-92.39	-96.2	-176.55	-372.43	-226.78	-239.94
Minority Interest in Earnings	0.11	1.41	3.89	37.31	-0.2	6.7
Net Income	-92.28	-94.8	-172.66	-335.11	-226.98	-233.25
Net Income to Common	-92.28	-94.8	-172.66	-335.11	-226.98	-233.25
Shares Outstanding (Basic)	260	264	259	230	186	22
Shares Outstanding (Diluted)	260	264	259	230	186	22
Shares Change (YoY)	-1.38%	1.86%	12.83%	23.56%	750.85%	154.98%
EPS (Basic)	-0.36	-0.36	-0.67	-1.46	-1.22	-10.67
EPS (Diluted)	-0.36	-0.36	-0.67	-1.46	-1.22	-10.67
Free Cash Flow	57.56	46.3	-24.49	-17.38	-159.55	-60.52
Free Cash Flow Per Share	0.22	0.17	-0.09	-0.08	-0.86	-2.77
Gross Margin	27.03%	26.11%	20.95%	19.71%	-16.04%	-81.86%
Operating Margin	-1.21%	-3.65%	-11.03%	-8.60%	-128.50%	-166.45%
Profit Margin	-9.70%	-10.30%	-18.99%	-47.05%	-404.40%	-382.88%
Free Cash Flow Margin	6.05%	5.03%	-2.69%	-2.44%	-284.25%	-99.34%
EBITDA	-15.21	-9.13	-68.88	-39.86	-62.86	-89.82
EBITDA Margin	-1.60%	-0.99%	-7.58%	-5.60%	-111.99%	-147.44%
D&A For EBITDA	-3.72	24.42	31.42	21.42	9.27	11.58
EBIT	-11.49	-33.55	-100.3	-61.27	-72.13	-101.4
EBIT Margin	-1.21%	-3.65%	-11.03%	-8.60%	-128.50%	-166.45%
Revenue as Reported	-	-	-	712.2	56.13	60.92

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q