Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenue
833
878
938
879
737
228
Revenue Growth (YoY)
-7%
-6%
7%
19%
223%
250.99%
Cost of Revenue
417
434
463
456
406
92
Gross Profit
415
443
475
423
331
135
Selling, General & Admin
315
335
316
344
229
40
Research & Development
--
--
--
--
--
--
Operating Expenses
335
353
331
356
270
43
Other Non Operating Income (Expenses)
-10
-3
4
31
9
-3
Pretax Income
-311
-299
27
-163
48
82
Income Tax Expense
35
41
145
105
103
42
Net Income
-347
-341
-117
-269
-57
38
Net Income Growth
138%
191%
-56.99%
372%
-250%
-311%
Shares Outstanding (Diluted)
361.78
349.58
342.77
331.4
290.44
270.71
Shares Change (YoY)
3%
2%
3%
14%
7%
4%
EPS (Diluted)
-0.96
-0.97
-0.34
-0.81
-0.19
0.14
EPS Growth
129%
186%
-57.99%
310%
-240%
-303%
Free Cash Flow
36
13
73
-24
33
4
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
49.81%
50.45%
50.63%
48.12%
44.91%
59.21%
Operating Margin
9.6%
10.25%
15.24%
7.5%
8.14%
40.35%
Profit Margin
-41.65%
-38.83%
-12.47%
-30.6%
-7.73%
16.66%
Free Cash Flow Margin
4.32%
1.48%
7.78%
-2.73%
4.47%
1.75%
EBITDA
99
107
158
78
101
94
EBITDA Margin
11.88%
12.18%
16.84%
8.87%
13.7%
41.22%
D&A For EBITDA
19
17
15
12
41
2
EBIT
80
90
143
66
60
92
EBIT Margin
9.6%
10.25%
15.24%
7.5%
8.14%
40.35%
Effective Tax Rate
-11.25%
-13.71%
537.03%
-64.41%
214.58%
51.21%
Follow-Up Questions
What are Verano Holdings Corp.'s key financial statements?
What are the key financial ratios for VRNOF?
How is Verano Holdings Corp.'s revenue broken down by segment or geography?
Is Verano Holdings Corp. profitable?
Does Verano Holdings Corp. have any liabilities?
How many outstanding shares for Verano Holdings Corp.?
Key Stats
Prev.Close
$1.33
Open
$1.34
Day's Range
$1.3 - $1.4
52 week range
$0.41 - $1.85
Volume
126.1K
Avg.Volume
688.9K
EPS (TTM)
-0.99
Dividend yield
--
Market Cap
$492.0M
What is Verano Holdings Corp.?
Verano Holdings Corp. engages in the business of licensed cannabis cultivation, processing, wholesale distribution, and retail facilities. The company is headquartered in Chicago, Illinois, and went public on February 17, 2021. Verano Holdings operates licensed cannabis cultivation, processing, wholesale distribution, and retail facilities. The company offers a cannabis shopping experience in both medical and adult-use markets under the Zen Leaf and MUV dispensary brands, including the Cabbage Club, an annual membership program that provides exclusive benefits for cannabis consumers. The company produces a wide range of regulated cannabis products sold under its diverse portfolio of trusted consumer brands, including Verano, Essence, MUV, Savvy, BITS, Encore, and Avexia. Product offerings include Avexia Ascend 1:1 THC:CBG Tablets, Savvy 14g Cannabis Flower, Encore Tropical Mango RSO Gummies, and South Beach Sunrise All-in-One. The company's operations span approximately 13 states across the United States and include 15 production facilities with over 1.1 million square feet of cultivation capacity.