Gold Flora Corporation

Gold Flora Corporation

GRAM
Gold Flora CorporationUS flagOther OTC
0.00
USD
- -
- -
2,877.00Market Cap
2022 Y
2023 Y
TTM
Revenue per Share
0.23
0.48
0.43
Basic EPS, GAAP
-0.08
-0.23
-0.34
Free Cash Flow per Basic Share
-0.08
-0.17
-0.05
Dividend per Share
- -
- -
- -
Book Value per Share
-0.23
-0.57
-0.57
Tangible Book Value per Share
-0.25
-0.28
-0.37
Basic Weighted Avg Shares
288
188
288
Sales/Revenue/Turnover
66
91
125
Operating Margin (%)
-15.87
-34.41
-31.54
Depreciation Expense
8
13
16
Net Income, GAAP
-21
-43
-98
Effective Tax Rate (%)
- -
- -
- -
Profit Margin (%)
-32.48
-46.85
-78.9
Working Capital
-34
-35
-64
LT Debt
123
141
133
Total Equity
-24
-7
-63
Return on Invested Capital (%)
- -
- -
- -
Return on Capital (%)
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
ST Debt
22
22
31
LT Borrowings
30
29
27
LT Finance Leases
109
108
107
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
288
288
288
Market Capitalization
84
46
25

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
Total Current Assets
51
43
46
Cash, Cash Equivalents & STI
14
11
10
Accounts Receivable, Net
3
2
5
Inventories
20
18
19
Total Current Liabilities
97
93
111
Payables & Accruals
75
71
80
ST Debt
22
22
31
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-69.26%
Free Cash Flow
- -
- -
44.01%
Net Income, GAAP
- -
- -
99.87%
Sales/Revenue/Turnover
- -
- -
38.54%
Total Cash Common Dividend
- -
- -
-48.47%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
66
2023
16
15
32
28
91
2024
32
32
33
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
-0.08
2023
-0.03
-0.05
0.08
- -
-0.23
2024
-0.05
-0.08
-0.07
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Thompson Laurie Holcomb
Full Time Employees
389
Sector
Consumer Defensive
Industry
Tobacco
Address
3165 Red Hill Avenue Costa Mesa CA United States of America 92626
IPO Date
Sep 21, 2020
Business
Gold Flora Corporation (GRAM), a vertically integrated cannabis company founded in 2017 and headquartered in Costa Mesa, California, engages in the cultivation, manufacturing, extraction, distribution and retailing of cannabis products primarily in California; its core offerings include premium indoor-grown flower under brands such as Gramlin, Gold Flora, Cruisers, Roll Bleezy, Aviation Cannabis, Jetfuel Cannabis and Monogram; disposable vape pens; live rosin vapes; and other related products sold through its Stately Distribution network into hundreds of dispensaries statewide. The company operates three business segments--Retail, Wholesale and Management--with 16 dispensaries under names including Airfield Supply Company, Caliva, Coastal, Calma, King's Crew, Varda, Deli and Higher Level of Care; approximately 107,000 square feet of indoor cultivation canopy across three facilities in Desert Hot Springs and two in San Jose; and integrated manufacturing and extraction at its Desert Hot Springs campus serving recreational and wellness markets. In March 2025, Gold Flora filed for voluntary receivership in Los Angeles Superior Court to facilitate an orderly sale of its operations amid legacy liabilities and lawsuits inherited from its July 2023 all-stock merger with TPCO Holding Corp. (formerly The Parent Company), high-yield debt including a defaulted $11.5 million in senior secured notes to J.J. Astor & Co., and operational costs despite revenue growth to $124.77 million in 2024 driven by the Gramlin product launch. Richard Ormond of Stone Capital Blossom was appointed receiver in April 2025 to oversee the process while the company continues as a going concern, with its common stock and warrants suspended from trading on Cboe Canada and facing potential delisting.

Company News

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