Verano Holdings Corp
CNSX:VRNO
Income Statement
Earnings Waterfall
Verano Holdings Corp
Income Statement
Verano Holdings Corp
| Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||
| Revenue |
132
N/A
|
179
+36%
|
229
+28%
|
307
+34%
|
458
+50%
|
600
+31%
|
1 264
+111%
|
1 346
+6%
|
1 370
+2%
|
1 391
+2%
|
879
-37%
|
904
+3%
|
915
+1%
|
|
| Gross Profit | ||||||||||||||
| Cost of Revenue |
(41)
|
(54)
|
(78)
|
(149)
|
(255)
|
(341)
|
(712)
|
(749)
|
(744)
|
(741)
|
(456)
|
(471)
|
(464)
|
|
| Gross Profit |
43
N/A
|
77
+81%
|
104
+34%
|
158
+52%
|
203
+29%
|
260
+28%
|
553
+113%
|
597
+8%
|
626
+5%
|
651
+4%
|
423
-35%
|
434
+2%
|
451
+4%
|
|
| Operating Income | ||||||||||||||
| Operating Expenses |
(107)
|
(121)
|
(180)
|
(204)
|
(217)
|
(260)
|
(454)
|
(507)
|
(537)
|
(546)
|
(357)
|
(342)
|
(327)
|
|
| Selling, General & Administrative |
(28)
|
(32)
|
(45)
|
0
|
(99)
|
(162)
|
(372)
|
0
|
(401)
|
(409)
|
(257)
|
(329)
|
(313)
|
|
| Depreciation & Amortization |
(7)
|
(7)
|
0
|
0
|
(3)
|
(4)
|
(46)
|
0
|
(47)
|
(48)
|
(10)
|
(13)
|
(14)
|
|
| Other Operating Expenses |
(71)
|
(82)
|
(135)
|
(204)
|
(115)
|
(94)
|
(37)
|
(507)
|
(90)
|
(90)
|
(90)
|
0
|
0
|
|
| Operating Income |
(17)
N/A
|
3
N/A
|
(29)
N/A
|
(47)
-58%
|
(13)
+72%
|
(0)
+97%
|
98
N/A
|
90
-8%
|
89
-1%
|
104
+18%
|
66
-36%
|
91
+37%
|
124
+36%
|
|
| Pre-Tax Income | ||||||||||||||
| Interest Income Expense |
(1)
|
(3)
|
(3)
|
(8)
|
(10)
|
(7)
|
(24)
|
(17)
|
(25)
|
(27)
|
(74)
|
(96)
|
(98)
|
|
| Non-Reccuring Items |
91
|
170
|
235
|
235
|
170
|
76
|
0
|
10
|
9
|
10
|
(228)
|
(238)
|
(238)
|
|
| Gain/Loss on Disposition of Assets |
5
|
5
|
0
|
0
|
(0)
|
(0)
|
(2)
|
(3)
|
(2)
|
(1)
|
(0)
|
1
|
1
|
|
| Total Other Income |
(3)
|
(6)
|
(6)
|
(3)
|
(3)
|
(8)
|
1
|
4
|
20
|
16
|
72
|
71
|
54
|
|
| Pre-Tax Income |
75
N/A
|
170
+126%
|
196
+16%
|
177
-10%
|
144
-19%
|
60
-58%
|
73
+22%
|
84
+14%
|
91
+9%
|
102
+12%
|
(163)
N/A
|
(170)
-4%
|
(157)
+8%
|
|
| Net Income | ||||||||||||||
| Tax Provision |
(37)
|
(51)
|
(80)
|
(82)
|
(90)
|
(100)
|
(171)
|
(180)
|
(168)
|
(210)
|
(105)
|
(108)
|
(125)
|
|
| Income from Continuing Operations |
38
|
118
|
117
|
95
|
53
|
(39)
|
(97)
|
(96)
|
(77)
|
(108)
|
(269)
|
(278)
|
(281)
|
|
| Income to Minority Interest |
(1)
|
(1)
|
(0)
|
(2)
|
(2)
|
(2)
|
(4)
|
(3)
|
(3)
|
(3)
|
(0)
|
0
|
0
|
|
| Net Income (Common) |
17
N/A
|
92
+447%
|
94
+2%
|
92
-2%
|
50
-46%
|
(38)
N/A
|
(102)
-165%
|
(100)
+2%
|
(80)
+20%
|
(111)
-38%
|
(269)
-143%
|
(278)
-3%
|
(281)
-1%
|
|
| EPS (Diluted) |
0.13
N/A
|
0.73
+462%
|
0.7
-4%
|
0.65
-7%
|
0.16
-75%
|
-0.13
N/A
|
-0.35
-169%
|
-0.3
+14%
|
-0.24
+20%
|
-0.33
-38%
|
-0.8
-142%
|
-0.83
-4%
|
-0.83
N/A
|
|