See more : Speakeasy Cannabis Club Ltd. (SPBBF) Income Statement Analysis – Financial Results
Complete financial analysis of Glass House Brands Inc. (GLASF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Glass House Brands Inc., a leading company in the Drug Manufacturers – Specialty & Generic industry within the Healthcare sector.
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Glass House Brands Inc. (GLASF)
Industry: Drug Manufacturers - Specialty & Generic
Sector: Healthcare
Website: https://www.glasshousebrands.com
About Glass House Brands Inc.
Glass House Brands Inc. cultivates, manufactures, retails, and distributes raw cannabis, cannabis oil, and cannabis consumer goods to wholesalers and consumer packaged goods retail stores. It offers cannabis products under the Glass House Farms, Forbidden Flowers, and Mama Sue brands. Glass House Brands Inc. was founded in 2015 and is headquartered in Long Beach, California.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Revenue | 160.84M | 90.89M | 69.45M | 48.26M | 16.94M | 8.97M |
| Cost of Revenue | 79.87M | 69.35M | 53.43M | 29.52M | 8.46M | 3.75M |
| Gross Profit | 80.97M | 21.54M | 16.02M | 18.74M | 8.48M | 5.22M |
| Gross Profit Ratio | 50.34% | 23.70% | 23.07% | 38.83% | 50.05% | 58.19% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 60.22M | 55.71M | 42.86M | 20.68M | 14.55M | 5.01M |
| Selling & Marketing | 2.84M | 3.43M | 3.53M | 1.49M | 912.84K | 143.22K |
| SG&A | 63.06M | 59.14M | 46.39M | 22.17M | 266.74K | 5.15M |
| Other Expenses | 67.44M | 12.30M | 4.77M | 2.58M | 0.00 | 0.00 |
| Operating Expenses | 130.50M | 71.44M | 51.16M | 24.74M | 266.74K | 5.88M |
| Cost & Expenses | 210.36M | 140.79M | 104.58M | 54.26M | 266.74K | 9.63M |
| Interest Income | 9.77M | 56.47K | 64.84K | 115.57K | 3.37M | 288.84K |
| Interest Expense | 0.00 | 7.61M | 2.74M | 2.18M | 193.24K | 0.00 |
| Depreciation & Amortization | 14.63M | 11.81M | 4.73M | 2.71M | 1.46M | 767.57K |
| EBITDA | -64.84M | -16.75M | -33.27M | -5.78M | -6.98M | 65.98K |
| EBITDA Ratio | -40.31% | -9.26% | -38.00% | -6.44% | -1.57% | 0.74% |
| Operating Income | -49.53M | -49.90M | -35.14M | -6.00M | -266.74K | -701.59K |
| Operating Income Ratio | -30.79% | -54.90% | -50.60% | -12.44% | -1.57% | -7.82% |
| Total Other Income/Expenses | -38.59M | 19.04M | -5.57M | -4.24M | -9.50M | -252.50K |
| Income Before Tax | -88.12M | -30.85M | -41.07M | -10.24M | 2.90M | -954.09K |
| Income Before Tax Ratio | -54.79% | -33.95% | -59.14% | -21.22% | 17.10% | -10.64% |
| Income Tax Expense | 9.94M | 4.74M | 3.30M | 6.42M | 972.52K | 357.35K |
| Net Income | -98.27M | -35.60M | -44.37M | -16.66M | 2.90M | -1.52M |
| Net Income Ratio | -61.10% | -39.16% | -63.88% | -34.52% | 17.10% | -16.98% |
| EPS | -1.65 | -0.55 | -1.13 | -0.78 | 0.00 | -0.07 |
| EPS Diluted | -1.39 | -0.55 | -1.10 | -0.78 | 0.00 | -0.06 |
| Weighted Avg Shares Out | 60.65M | 64.18M | 39.24M | 21.27M | 0.00 | 23.19M |
| Weighted Avg Shares Out (Dil) | 72.03M | 64.18M | 40.28M | 21.27M | 0.00 | 24.26M |
UPDATE - Glass House Brands to Host Analyst & Institutional Investor Day on September 12, 2024 at the SoCal Farm in Camarillo, California
LONG BEACH, Calif. and TORONTO, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Glass House Brands Inc. (“Glass House” or the “Company”) (CBOE CA: GLAS.A.U) (CBOE CA: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), one of the fastest-growing, vertically integrated cannabis businesses in the...
Glass House Brands to Host Analyst & Institutional Investor Day on September 12, 2024 at the SoCal Farm in Camarillo, California
LONG BEACH, Calif. and TORONTO, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Glass House Brands Inc. (“Glass House” or the “Company”) (CBOE CA: GLAS.A.U) (CBOE CA: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), one of the fastest-growing, vertically integrated cannabis businesses in the...
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Glass House Brands Inc. (GLASF) Q2 2024 Earnings Call Transcript
Glass House Brands Inc. (GLASF) Q2 2024 Earnings Call Transcript
Glass House Brands Reports Record Setting Second Quarter 2024 Financial Results
LONG BEACH, Calif. and TORONTO, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Glass House Brands Inc. ("Glass House" or the "Company") (CBOE CA: GLAS.A.U) (CBOE CA: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), one of the fastest-growing, vertically integrated cannabis companies in the...
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