For the year ending 2025-12-31, CRON made $146,587K in revenue. -$9,447K in net income. Net profit margin of -6.44%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Net revenue | 146,587 | 161,821 | ||
| Excise taxes | - | 44,206 | ||
| Net revenue | - | 117,615 | ||
| Cost of sales | 83,174 | 91,710 | ||
| Inventory write-down | 654 | 707 | ||
| Gross profit | 62,759 | 25,198 | ||
| Sales and marketing | 21,764 | 21,603 | ||
| Research and development | 4,449 | 4,229 | ||
| General and administrative | 41,999 | 46,514 | ||
| Restructuring costs | 2,037 | 630 | ||
| Share-based compensation | 7,050 | 8,700 | ||
| Depreciation and amortization | 2,119 | 3,701 | ||
| Impairment loss on goodwill and indefinite-lived intangible assets | 700 | - | ||
| Impairment loss on long-lived assets | 36 | 16,350 | ||
| Total operating expenses | 80,154 | 101,727 | ||
| Operating loss | -17,395 | -76,529 | ||
| Interest income, net | 39,963 | 52,019 | ||
| Gain (loss) on revaluation of derivative liabilities | - | 49 | ||
| Share of income from equity method investments | 0 | 2,365 | ||
| Gain on revaluation of loan receivable | 0 | 11,804 | ||
| Gain on revaluation of equity method investment | 0 | 32,469 | ||
| Loss on revaluation of financial instruments | -452 | -6,248 | ||
| Impairment loss on other investments | 0 | 25,650 | ||
| Foreign currency transaction gain (loss) | -28,588 | 57,859 | ||
| Loss on held-for-sale assets | 5,532 | 11,202 | ||
| Change in allowance for credit loss on non-operating loan | -4,875 | - | ||
| Other, net | -241 | -350 | ||
| Total other income | 275 | 113,115 | ||
| Income (loss) before income taxes | -17,120 | 36,586 | ||
| Income tax benefit | -14,191 | -3,436 | ||
| Income (loss) from continuing operations | -2,929 | 40,022 | ||
| Loss from discontinued operations | 0 | 0 | ||
| Net income (loss) | -2,929 | 40,022 | ||
| Net income (loss) attributable to non-controlling interest | 6,518 | -1,058 | ||
| Net income (loss) attributable to cronos group | -9,447 | 41,080 | ||
| Basic EPS | -0.02 | 0.11 | ||
| Diluted EPS | -0.02 | 0.11 | ||
| Basic Average Shares | 383,468,522 | 382,058,056 | ||
| Diluted Average Shares | 383,468,522 | 385,557,002 | ||
Cronos Group Inc. (CRON)
Cronos Group Inc. (CRON)