Verano Holdings Corp.

VRNO.NE

VRNO.NEVerano Holdings Corp. CN flag

CBOE CA

8.56

CAD

+0.31

- -

632.74MMarket Cap

Income Statement (CAD)

API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	- -	229	738	879	938	879	822
+ Sales & Services Revenue	- -	229	738	879	938	879	822
- Cost of Revenue	- -	93	407	456	463	435	408
+ Cost of Goods & Services	- -	93	407	456	463	435	408
Gross Profit	- -	136	331	423	475	444	413
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	43	271	357	332	353	337
+ Selling, General & Admin	- -	43	271	357	332	353	337
+ Research & Development	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	- -	92	60	66	143	91	76
- Non-Operating (Income) Loss	- -	10	11	230	115	390	242
+ Interest Expense, Net	- -	7	24	49	60	55	54
+ Interest Expense	- -	7	24	49	60	55	54
- Interest Income	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	- -	2	-13	180	56	336	189
Pretax Income	- -	82	49	-163	28	-300	-166
- Income Tax Expense (Benefit)	- -	42	104	105	145	42	92
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	- -	40	-55	-269	-117	-342	-258
- Net Extraordinary Losses (Gains)	- -	4	5	1	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	4	5	1	- -	- -	- -
Income (Loss) Incl. MI	- -	37	-60	-269	-117	-342	-258
- Minority Interest	- -	-2	-3	- -	- -	- -	- -
Net Income, GAAP	- -	38	-58	-269	-117	-342	-258
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	- -	38	-58	-269	-117	-342	-258
EBIT	- -	92	60	66	143	91	76
EBITDA	- -	100	156	217	295	241	212
EBITDA Margin (%)	- -	43.83	21.19	24.65	31.42	27.47	25.85
EBITA	- -	92	60	66	143	91	76
Gross Margin (%)	- -	59.32	44.86	48.11	50.64	50.53	50.33
Operating Margin (%)	- -	40.39	8.14	7.56	15.27	10.3	9.27
Profit Margin (%)	- -	16.8	-7.79	-30.61	-12.5	-38.91	-31.39
Sales per Employee	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	- -	8	96	150	152	151	136
Basic Weighted Avg Shares	189	189	58	66	69	72	73
Basic EPS, GAAP	- -	0.2	-0.99	-4.06	-1.71	-4.76	-3.55
Basic EPS from Cont Ops	- -	0.21	-0.95	-4.06	-1.71	-4.76	-3.55
Diluted Weighted Avg Shares	189	189	58	66	69	72	73
Diluted EPS, GAAP	- -	0.2	-0.99	-4.06	-1.71	-4.76	-3.55
Diluted EPS from Cont Ops	- -	0.21	-0.95	-4.06	-1.71	-4.76	-3.55

Balance Sheet (CAD)

API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	- -	- -	277	318	394	363	405
+ Cash, Cash Equivalents & STI	- -	- -	99	85	175	88	83
+ Cash & Cash Equivalents	- -	- -	99	85	175	88	83
+ ST Investments	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	- -	- -	18	17	39	45	43
+ Accounts Receivable, Net	- -	- -	17	17	39	40	31
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	5	12
+ Inventories	- -	- -	141	165	141	184	230
+ Raw Materials	- -	- -	6	7	5	4	5
+ Work In Process	- -	- -	96	123	107	135	162
+ Finished Goods	- -	- -	39	34	28	35	50
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	10	13
+ Other ST Assets	- -	- -	20	52	40	45	49
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	- -	2,272	2,078	1,925	1,631	1,337
+ Property, Plant & Equip, Net	- -	- -	514	608	595	638	586
+ Property, Plant & Equip	- -	- -	560	697	730	821	820
- Accumulated Depreciation	- -	- -	46	89	135	183	234
+ LT Investments & Receivables	- -	- -	7	7	- -	- -	- -
+ LT Investments	- -	- -	7	7	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	- -	- -	1,751	1,463	1,330	994	751
+ Total Intangible Assets	- -	- -	1,748	1,450	1,317	980	740
+ Goodwill	- -	- -	368	269	231	246	161
+ Other Intangible Assets	- -	- -	1,380	1,181	1,086	734	579
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	- -	2	13	12	13	11
Total Assets	- -	- -	2,549	2,396	2,319	1,994	1,742
+ Payables & Accruals	- -	- -	450	353	350	174	120
+ Accounts Payable	- -	- -	45	41	31	40	39
+ Accrued Taxes	- -	- -	155	253	248	64	12
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	250	60	71	70	70
+ ST Debt	- -	- -	20	33	62	29	20
+ ST Borrowings	- -	- -	14	24	52	18	8
+ ST Finance Leases	- -	- -	7	9	10	11	12
+ Other ST Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -	- -	- -	- -
Total Current Liabilities	- -	- -	471	387	412	203	140
+ LT Debt	- -	- -	333	465	481	494	483
+ LT Borrowings	- -	- -	276	389	394	396	392
+ LT Finance Leases	- -	- -	57	77	87	98	91
+ Other LT Liabilities	- -	- -	263	202	185	347	416
+ Accrued Liabilities	- -	- -	263	196	182	345	415
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	- -	6	3	2	1
Total Noncurrent Liabilities	- -	- -	596	668	666	840	899
Total Liabilities	- -	- -	1,067	1,055	1,079	1,043	1,039
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	1	1	1,536	1,666	1,682	1,736	1,746
+ Common Stock	1	1	1,536	1,666	1,682	1,736	1,746
+ Additional Paid in Capital	- -	- -	- -	- -	- -	- -	- -
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-1	-2	-55	-324	-442	-784	-1,042
+ Other Equity	- -	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	- -	- -	1,481	1,342	1,240	952	704
+ Minority/Non Controlling Interest	- -	- -	1	- -	- -	-1	-2
Total Equity	- -	- -	1,482	1,342	1,240	951	702
Total Liabilities & Equity	- -	- -	2,549	2,396	2,319	1,994	1,742
Shares Outstanding	189	189	59	65	69	72	73
Number of Employees	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	63	86	97	109	103
Net Debt	- -	- -	191	328	271	326	317
Net Debt to Equity	-69.25	-27.29	12.88	24.46	21.84	34.29	45.13
Tangible Common Equity Ratio	-3,252.51	-1,374.66	-33.25	-11.45	-7.73	-2.9	-3.77
Current Ratio	0.03	0.07	0.59	0.82	0.96	1.79	2.88
Cash Conversion Cycle	- -	-0.24	52.34	96.56	101.23	125.82	169.53

Cash Flow Statement (CAD)

API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

+ Net Income	- -	40	-55	-269	-117	-342	-258
+ Depreciation & Amortization	- -	8	96	150	152	151	136
+ Non-Cash Items	- -	9	124	252	76	364	209
+ Stock-Based Compensation	- -	- -	45	39	13	17	12
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -	- -
+ Asset Impairment Charge	- -	- -	- -	229	58	328	183
+ Other Non-Cash Adj	- -	9	79	-16	4	20	14
+ Chg in Non-Cash Work Cap	- -	15	17	-39	- -	-61	-34
+ (Inc) Dec in Accts Receiv	- -	-3	-7	1	-23	2	-1
+ (Inc) Dec in Inventories	- -	-23	-60	-24	24	-16	-47
+ (Inc) Dec in Prepaid Assets	- -	- -	2	-33	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	42	119	89	-13	-199	-46
+ Inc (Dec) in Other	- -	-2	-38	-72	12	152	60
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	- -	72	183	94	110	112	53
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	2	6	2	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	2	6	2	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	-67	-150	-119	-36	-99	-41
+ Acq of Fixed Prod Assets	- -	-60	-141	-119	-36	-99	-41
+ Acq of Intangible Assets	- -	-7	-8	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	- -	- -	- -
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	- -	- -	-8	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	-8	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	-22	-310	-95	- -	-36	9
+ Cash from Divestitures	- -	- -	- -	20	- -	- -	9
+ Cash for Acq of Subs	- -	-22	-310	-115	- -	-36	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	2	10	- -	- -	2	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	- -	-87	-456	-208	-34	-133	-33
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	- -	24	214	120	29	-64	-16
+ Cash From Debt	- -	34	225	497	79	- -	62
+ Repayments of Debt	- -	-10	-11	-377	-50	-64	-78
+ Other Financing Activities	- -	1	142	-21	-15	-2	-9
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	- -	25	356	99	14	-66	-25
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	- -	10	83	-14	90	-87	-5
EBITDA	- -	100	156	217	295	241	212
EBITDA Margin (%)	- -	43.83	21.19	24.65	31.42	27.47	25.85
Free Cash Flow	- -	4	33	-25	73	13	12
Net Cash Paid for Acquisitions	- -	22	310	95	- -	36	-9
Free Cash Flow to Firm	- -	8	6	- -	-179	- -	- -
Free Cash Flow to Equity	- -	36	257	101	105	-51	-4
Free Cash Flow per Basic Share	- -	0.02	0.57	-0.37	1.07	0.18	0.16
Price/Free Cash Flow	- -	- -	11.04	4.92	10.41	2.08	4.89
Cash Flow to Net Income	0.88	1.87	-3.18	-0.35	-0.93	-0.33	-0.2
Capital Expenditures	- -	-67	-150	-119	-36	-99	-41