Charlotte's Web Holdings Inc
TSX:CWEB
Income Statement
Earnings Waterfall
Charlotte's Web Holdings Inc
Income Statement
Charlotte's Web Holdings Inc
| Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | 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 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
40
N/A
|
46
+15%
|
54
+18%
|
61
+12%
|
70
+15%
|
78
+12%
|
86
+10%
|
93
+9%
|
95
+1%
|
94
0%
|
91
-4%
|
91
+0%
|
95
+4%
|
97
+2%
|
100
+3%
|
98
-1%
|
96
-2%
|
92
-4%
|
87
-6%
|
80
-8%
|
74
-7%
|
72
-3%
|
69
-4%
|
66
-4%
|
63
-5%
|
58
-8%
|
55
-6%
|
53
-3%
|
50
-6%
|
50
+0%
|
50
+1%
|
49
-2%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||
| Cost of Revenue |
(9)
|
(10)
|
(12)
|
(13)
|
(17)
|
(20)
|
(22)
|
(25)
|
(43)
|
(44)
|
(48)
|
(51)
|
(43)
|
(46)
|
(44)
|
(43)
|
(48)
|
(45)
|
(47)
|
(46)
|
(55)
|
(54)
|
(52)
|
(50)
|
(28)
|
(26)
|
(28)
|
(28)
|
(28)
|
(29)
|
(26)
|
(27)
|
|
| Gross Profit |
31
N/A
|
36
+16%
|
42
+19%
|
47
+11%
|
52
+11%
|
58
+11%
|
64
+10%
|
68
+7%
|
51
-25%
|
51
-2%
|
43
-15%
|
40
-6%
|
52
+29%
|
51
-3%
|
55
+9%
|
55
0%
|
49
-12%
|
47
-4%
|
40
-14%
|
34
-15%
|
19
-43%
|
18
-9%
|
17
-2%
|
16
-6%
|
36
+120%
|
33
-8%
|
26
-19%
|
25
-5%
|
21
-15%
|
21
-3%
|
24
+17%
|
22
-9%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Expenses |
(18)
|
(21)
|
(25)
|
(29)
|
(36)
|
(43)
|
(52)
|
(62)
|
(75)
|
(86)
|
(99)
|
(108)
|
(104)
|
(104)
|
(100)
|
(96)
|
(98)
|
(192)
|
(184)
|
(73)
|
(70)
|
(69)
|
(71)
|
(78)
|
(76)
|
(74)
|
(69)
|
(62)
|
(53)
|
(50)
|
(45)
|
(42)
|
|
| Selling, General & Administrative |
(13)
|
(15)
|
(17)
|
(20)
|
(25)
|
(30)
|
(38)
|
(45)
|
(55)
|
(68)
|
(85)
|
(100)
|
(100)
|
(104)
|
(100)
|
(87)
|
(91)
|
(85)
|
(77)
|
(73)
|
(62)
|
(64)
|
(62)
|
(71)
|
(70)
|
(66)
|
(63)
|
(54)
|
(50)
|
(43)
|
(40)
|
(38)
|
|
| Research & Development |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
(3)
|
(1)
|
(1)
|
0
|
(3)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
| Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
(2)
|
(7)
|
0
|
0
|
0
|
(4)
|
(3)
|
(6)
|
0
|
(3)
|
(5)
|
(3)
|
(5)
|
(1)
|
(5)
|
0
|
0
|
|
| Other Operating Expenses |
(4)
|
(5)
|
(6)
|
(8)
|
(10)
|
(11)
|
(12)
|
(13)
|
(16)
|
(18)
|
(14)
|
(8)
|
0
|
0
|
0
|
(5)
|
0
|
(107)
|
(107)
|
0
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
|
| Operating Income |
13
N/A
|
15
+14%
|
18
+22%
|
18
+3%
|
17
-9%
|
15
-9%
|
12
-19%
|
6
-50%
|
(24)
N/A
|
(36)
-49%
|
(56)
-57%
|
(67)
-20%
|
(51)
+23%
|
(53)
-4%
|
(45)
+16%
|
(41)
+9%
|
(49)
-19%
|
(145)
-196%
|
(144)
+1%
|
(39)
+73%
|
(51)
-30%
|
(51)
-2%
|
(54)
-5%
|
(62)
-15%
|
(40)
+36%
|
(41)
-3%
|
(43)
-3%
|
(37)
+14%
|
(32)
+13%
|
(29)
+9%
|
(21)
+28%
|
(20)
+4%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||
| Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
0
|
1
|
1
|
1
|
1
|
3
|
7
|
13
|
11
|
6
|
5
|
7
|
9
|
12
|
9
|
(4)
|
(7)
|
(2)
|
13
|
13
|
20
|
13
|
(1)
|
4
|
1
|
2
|
(0)
|
(3)
|
|
| Non-Reccuring Items |
(1)
|
(1)
|
(1)
|
(3)
|
(2)
|
(2)
|
(1)
|
1
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(98)
|
0
|
0
|
(100)
|
(2)
|
0
|
0
|
(0)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
3
|
3
|
4
|
1
|
1
|
1
|
0
|
0
|
(0)
|
(0)
|
0
|
1
|
0
|
(1)
|
(1)
|
(3)
|
(1)
|
(0)
|
(2)
|
2
|
0
|
(0)
|
1
|
|
| Pre-Tax Income |
12
N/A
|
14
+15%
|
16
+20%
|
16
-3%
|
16
-2%
|
14
-7%
|
12
-15%
|
8
-36%
|
(21)
N/A
|
(29)
-38%
|
(46)
-57%
|
(50)
-9%
|
(39)
+22%
|
(46)
-20%
|
(39)
+17%
|
(34)
+12%
|
(138)
-304%
|
(134)
+3%
|
(136)
-1%
|
(142)
-5%
|
(59)
+58%
|
(54)
+10%
|
(43)
+20%
|
(50)
-18%
|
(23)
+54%
|
(30)
-29%
|
(44)
-46%
|
(34)
+21%
|
(30)
+14%
|
(26)
+11%
|
(22)
+18%
|
(22)
0%
|
|
| Net Income | |||||||||||||||||||||||||||||||||
| Tax Provision |
(4)
|
(5)
|
(5)
|
(5)
|
(4)
|
(3)
|
(3)
|
(2)
|
6
|
14
|
15
|
15
|
8
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
|
| Income from Continuing Operations |
7
|
9
|
11
|
11
|
12
|
11
|
9
|
6
|
(16)
|
(15)
|
(31)
|
(35)
|
(31)
|
(47)
|
(39)
|
(34)
|
(138)
|
(134)
|
(136)
|
(142)
|
(59)
|
(54)
|
(43)
|
(50)
|
(24)
|
(31)
|
(44)
|
(35)
|
(30)
|
(26)
|
(22)
|
(22)
|
|
| Net Income (Common) |
7
N/A
|
9
+21%
|
11
+24%
|
11
-2%
|
12
+7%
|
11
-7%
|
9
-14%
|
6
-33%
|
(16)
N/A
|
(15)
+5%
|
(31)
-108%
|
(35)
-14%
|
(31)
+13%
|
(47)
-52%
|
(39)
+17%
|
(34)
+12%
|
(138)
-306%
|
(134)
+3%
|
(136)
-1%
|
(142)
-5%
|
(59)
+58%
|
(54)
+10%
|
(43)
+20%
|
(50)
-18%
|
(24)
+53%
|
(31)
-28%
|
(44)
-46%
|
(35)
+21%
|
(30)
+15%
|
(26)
+11%
|
(22)
+18%
|
(22)
0%
|
|
| EPS (Diluted) |
0.08
N/A
|
0.09
+12%
|
0.11
+22%
|
0.11
N/A
|
0.12
+9%
|
0.11
-8%
|
0.09
-18%
|
0.06
-33%
|
-0.16
N/A
|
-0.15
+6%
|
-0.29
-93%
|
-0.25
+14%
|
-0.25
N/A
|
-0.33
-32%
|
-0.28
+15%
|
-0.25
+11%
|
-0.98
-292%
|
-0.92
+6%
|
-0.93
-1%
|
-0.97
-4%
|
-0.4
+59%
|
-0.35
+13%
|
-0.28
+20%
|
-0.33
-18%
|
-0.16
+52%
|
-0.2
-25%
|
-0.29
-45%
|
-0.22
+24%
|
-0.19
+14%
|
-0.17
+11%
|
-0.14
+18%
|
-0.14
N/A
|
|