Verano Holdings Corp.

VRNOF

VRNOFVerano Holdings Corp. US flag

Other OTC

1.30

USD

+0.10

- -

470.36MMarket Cap

Income Statement (CAD)

API ChatGPT

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

Sales/Revenue/Turnover	- -	229	738	879	938	879
+ Sales & Services Revenue	- -	229	738	879	938	879
- Cost of Revenue	- -	93	407	456	463	435
+ Cost of Goods & Services	- -	93	407	456	463	435
Gross Profit	- -	136	331	423	475	444
+ Other Operating Income	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	43	271	357	332	353
+ Selling, General & Admin	- -	43	271	357	332	353
+ Research & Development	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	- -	92	60	66	143	91
- Non-Operating (Income) Loss	- -	10	11	230	115	390
+ Interest Expense, Net	- -	7	24	49	60	55
+ Interest Expense	- -	7	24	49	60	55
- Interest Income	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	- -	2	-13	180	56	336
Pretax Income	- -	82	49	-163	28	-300
- Income Tax Expense (Benefit)	- -	42	104	105	145	42
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	- -	40	-55	-269	-117	-342
- Net Extraordinary Losses (Gains)	- -	4	5	1	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	4	5	1	- -	- -
Income (Loss) Incl. MI	- -	37	-60	-269	-117	-342
- Minority Interest	- -	-2	-3	- -	- -	- -
Net Income, GAAP	- -	38	-58	-269	-117	-342
- Preferred Dividends	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	- -	38	-58	-269	-117	-342
EBIT	- -	92	60	66	143	91
EBITDA	- -	100	156	217	295	241
EBITDA Margin (%)	- -	43.83	21.19	24.65	31.42	27.47
EBITA	- -	92	60	66	143	91
Gross Margin (%)	- -	59.32	44.86	48.11	50.64	50.53
Operating Margin (%)	- -	40.39	8.14	7.56	15.27	10.3
Profit Margin (%)	- -	16.8	-7.79	-30.61	-12.5	-38.91
Sales per Employee	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -
Depreciation Expense	- -	8	96	150	152	151
Basic Weighted Avg Shares	290	290	290	331	344	359
Basic EPS, GAAP	- -	0.13	-0.2	-0.81	-0.34	-0.95
Basic EPS from Cont Ops	- -	0.14	-0.19	-0.81	-0.34	-0.95
Diluted Weighted Avg Shares	290	290	290	331	344	359
Diluted EPS, GAAP	- -	0.13	-0.2	-0.81	-0.34	-0.95
Diluted EPS from Cont Ops	- -	0.14	-0.19	-0.81	-0.34	-0.95

Balance Sheet (CAD)

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

Total Current Assets	- -	- -	277	318	394	358
+ Cash, Cash Equivalents & STI	- -	- -	99	85	175	88
+ Cash & Cash Equivalents	- -	- -	99	85	175	88
+ ST Investments	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	- -	- -	18	17	39	40
+ Accounts Receivable, Net	- -	- -	17	17	39	40
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	141	165	141	184
+ Raw Materials	- -	- -	6	7	5	4
+ Work In Process	- -	- -	96	123	107	135
+ Finished Goods	- -	- -	39	34	28	35
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	10
+ Other ST Assets	- -	- -	20	52	40	45
+ 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
+ Property, Plant & Equip, Net	- -	- -	514	608	595	638
+ Property, Plant & Equip	- -	- -	560	697	730	821
- Accumulated Depreciation	- -	- -	46	89	135	183
+ LT Investments & Receivables	- -	- -	7	7	- -	- -
+ LT Investments	- -	- -	7	7	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -
+ Other LT Assets	- -	- -	1,751	1,463	1,330	994
+ Total Intangible Assets	- -	- -	1,748	1,450	1,317	980
+ Goodwill	- -	- -	368	269	231	246
+ Other Intangible Assets	- -	- -	1,380	1,181	1,086	734
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	- -	2	13	12	13
Total Assets	- -	- -	2,549	2,396	2,319	1,989
+ Payables & Accruals	- -	- -	450	353	350	169
+ Accounts Payable	- -	- -	45	41	31	40
+ Accrued Taxes	- -	- -	155	253	248	59
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	250	60	71	70
+ ST Debt	- -	- -	20	33	62	29
+ ST Borrowings	- -	- -	14	24	52	18
+ ST Finance Leases	- -	- -	7	9	10	11
+ Other ST Liabilities	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -	- -	- -
Total Current Liabilities	- -	- -	471	387	412	198
+ LT Debt	- -	- -	333	465	481	494
+ LT Borrowings	- -	- -	276	389	394	396
+ LT Finance Leases	- -	- -	57	77	87	98
+ Other LT Liabilities	- -	- -	263	202	185	347
+ Accrued Liabilities	- -	- -	263	196	182	345
+ Pension Liabilities	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	- -	6	3	2
Total Noncurrent Liabilities	- -	- -	596	668	666	840
Total Liabilities	- -	- -	1,067	1,055	1,079	1,038
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	1	1	1,536	1,666	1,682	1,736
+ Common Stock	1	1	1,536	1,666	1,682	1,736
+ Additional Paid in Capital	- -	- -	- -	- -	- -	- -
- Treasury Stock	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-1	-2	-55	-324	-442	-784
+ Other Equity	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	- -	- -	1,481	1,342	1,240	952
+ Minority/Non Controlling Interest	- -	- -	1	- -	- -	-1
Total Equity	- -	- -	1,482	1,342	1,240	951
Total Liabilities & Equity	- -	- -	2,549	2,396	2,319	1,989
Shares Outstanding	290	290	294	327	344	359
Number of Employees	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	63	86	97	109
Net Debt	- -	- -	191	328	271	326
Net Debt to Equity	-69.25	-27.29	12.88	24.46	21.84	34.29
Tangible Common Equity Ratio	-3,252.51	-1,374.66	-33.25	-11.45	-7.73	-2.92
Current Ratio	0.03	0.07	0.59	0.82	0.96	1.81
Cash Conversion Cycle	- -	-0.24	52.34	96.56	101.23	125.82

Cash Flow Statement (CAD)

API ChatGPT

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

+ Net Income	- -	40	-55	-269	-117	-342
+ Depreciation & Amortization	- -	8	96	150	152	151
+ Non-Cash Items	- -	9	124	252	76	364
+ Stock-Based Compensation	- -	- -	45	39	13	17
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -
+ Asset Impairment Charge	- -	- -	- -	229	58	328
+ Other Non-Cash Adj	- -	9	79	-16	4	20
+ Chg in Non-Cash Work Cap	- -	15	17	-39	- -	-61
+ (Inc) Dec in Accts Receiv	- -	-3	-7	1	-23	-3
+ (Inc) Dec in Inventories	- -	-23	-60	-24	24	-16
+ (Inc) Dec in Prepaid Assets	- -	- -	2	-33	- -	- -
+ Inc (Dec) in Accts Payable	- -	42	119	89	-13	-194
+ Inc (Dec) in Other	- -	-2	-38	-72	12	152
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	- -	72	183	94	110	112
+ 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
+ Acq of Fixed Prod Assets	- -	-60	-141	-119	-36	-99
+ 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
+ Cash from Divestitures	- -	- -	- -	20	- -	- -
+ 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
+ Dividends Paid	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	- -	24	214	123	29	-63
+ Cash From Debt	- -	34	225	497	79	- -
+ Repayments of Debt	- -	-10	-11	-374	-50	-63
+ Other Financing Activities	- -	1	142	-24	-15	-3
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	- -	25	356	99	14	-66
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -
Net Changes in Cash	- -	10	83	-14	90	-87
EBITDA	- -	100	156	217	295	241
EBITDA Margin (%)	- -	43.83	21.19	24.65	31.42	27.47
Free Cash Flow	- -	4	33	-25	73	13
Net Cash Paid for Acquisitions	- -	22	310	95	- -	36
Free Cash Flow to Firm	- -	8	6	- -	-179	- -
Free Cash Flow to Equity	- -	36	257	105	105	-50
Free Cash Flow per Basic Share	- -	0.02	0.11	-0.07	0.21	0.04
Price/Free Cash Flow	- -	- -	13.9	6.56	13.99	2.96
Cash Flow to Net Income	0.88	1.87	-3.18	-0.35	-0.93	-0.33
Capital Expenditures	- -	-67	-150	-119	-36	-99