See more : Prospect Capital Corporation (PSEC-PA) Income Statement Analysis – Financial Results
Complete financial analysis of Acreage Holdings, Inc. (ACRHF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Acreage Holdings, Inc., a leading company in the Drug Manufacturers – Specialty & Generic industry within the Healthcare sector.
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Acreage Holdings, Inc. (ACRHF)
Industry: Drug Manufacturers - Specialty & Generic
Sector: Healthcare
Website: https://www.acreageholdings.com
About Acreage Holdings, Inc.
Acreage Holdings, Inc., formerly High Street Capital Partners, is a principal investment firm specializing in cannabis industry. Acreage Holdings, Inc. was founded in 2014 and is based in New York, New York.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 223.38M | 237.14M | 188.86M | 114.55M | 74.11M | 21.12M | 7.74M | 3.77M |
| Cost of Revenue | 137.73M | 135.39M | 92.98M | 65.39M | 43.67M | 11.70M | 4.31M | 2.61M |
| Gross Profit | 85.65M | 101.75M | 95.88M | 49.16M | 30.44M | 9.42M | 3.44M | 1.16M |
| Gross Profit Ratio | 38.34% | 42.91% | 50.77% | 42.92% | 41.08% | 44.59% | 44.36% | 30.84% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 84.46M | 104.29M | 97.74M | 184.24M | 195.82M | 88.78M | 10.25M | 1.60M |
| Selling & Marketing | 2.62M | 3.20M | 1.64M | 1.82M | 5.01M | 1.57M | 212.00K | 144.00K |
| SG&A | 87.08M | 107.50M | 99.38M | 186.06M | 200.83M | 90.35M | 10.46M | 3.06M |
| Other Expenses | 29.69M | 7.88M | 11.12M | 6.17M | 7.59M | -7.93M | -1.04M | 0.00 |
| Operating Expenses | 116.77M | 115.37M | 110.50M | 192.23M | 208.43M | 94.10M | 10.48M | 3.32M |
| Cost & Expenses | 254.50M | 250.77M | 203.48M | 257.61M | 252.09M | 89.81M | 14.79M | 5.93M |
| Interest Income | 10.00K | 1.62M | 4.82M | 6.70M | 3.98M | 1.18M | 330.00K | 160.00K |
| Interest Expense | 34.74M | 24.04M | 19.96M | 15.85M | 1.19M | 6.36M | 1.22M | 0.00 |
| Depreciation & Amortization | 12.76M | 14.07M | 14.62M | 6.29M | 7.59M | 3.75M | 20.00K | 37.00K |
| EBITDA | -5.32M | -120.57M | -20.77M | -355.21M | -181.39M | -22.36M | -7.03M | -1.89M |
| EBITDA Ratio | -2.38% | 3.48% | 7.88% | -117.64% | -224.59% | -339.36% | -96.62% | -50.23% |
| Operating Income | -31.13M | -5.41M | 614.00K | -143.07M | -177.98M | -68.68M | -7.05M | -1.93M |
| Operating Income Ratio | -13.93% | -2.28% | 0.33% | -124.90% | -240.16% | -325.14% | -91.01% | -51.21% |
| Total Other Income/Expenses | -21.70M | -15.58M | -8.28M | -12.55M | -12.19M | 10.41M | -1.52M | -68.00K |
| Income Before Tax | -52.82M | -158.67M | -55.35M | -377.36M | -190.17M | -217.68M | -8.57M | -2.00M |
| Income Before Tax Ratio | -23.65% | -66.91% | -29.31% | -329.44% | -256.61% | -1,030.51% | -110.63% | -53.01% |
| Income Tax Expense | 25.14M | 10.02M | 17.81M | -17.24M | 4.99M | 2.00M | 970.00K | 409.00K |
| Net Income | -69.09M | -168.70M | -73.16M | -360.12M | -195.16M | -205.66M | -8.54M | -1.95M |
| Net Income Ratio | -30.93% | -71.14% | -38.74% | -314.39% | -263.34% | -973.60% | -110.33% | -51.60% |
| EPS | -0.61 | -1.54 | -0.70 | -3.60 | -2.26 | -3.08 | -0.13 | -0.05 |
| EPS Diluted | -0.61 | -1.54 | -0.70 | -3.60 | -2.26 | -3.08 | -0.13 | -0.05 |
| Weighted Avg Shares Out | 113.87M | 109.69M | 105.09M | 99.98M | 86.19M | 66.70M | 66.67M | 40.00M |
| Weighted Avg Shares Out (Dil) | 113.87M | 109.69M | 105.09M | 99.98M | 86.19M | 66.70M | 66.67M | 40.00M |
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Acreage Reports Fourth Quarter and Full Year 2023 Financial Results
Achieved positive Adjusted EBITDA* for the 12th consecutive quarter Continued focus on expanding offering and distribution of flagship brands The Botanist and Superflux in advance of Canopy USA Reduced Q4 2023 operating expenses by 72% year-over-year, including a nearly 50%...
Source: https://incomestatements.info
Category: Stock Reports