For the quarter ending 2025-09-30, CRON made $36,339,000 in revenue. $25,958,000 in net income. Net profit margin of 71.43%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Net revenue | 36,339,000 | 33,455,000 | 41,898,000 | 38,274,500 |
| Excise taxes | - | - | 9,636,000 | 10,480,000 |
| Net revenue | - | - | 32,262,000 | 27,794,500 |
| Cost of sales | 17,501,000 | 18,865,000 | 18,528,000 | 20,149,500 |
| Inventory write-down | 506,000 | 86,000 | - | 0 |
| Gross profit | 18,332,000 | 14,504,000 | 13,734,000 | 7,645,000 |
| Sales and marketing | 5,301,000 | 5,347,000 | 4,565,000 | 5,872,500 |
| Research and development | 1,345,000 | 929,000 | 793,000 | 1,012,500 |
| General and administrative | 9,254,000 | 10,536,000 | 9,309,000 | 10,493,500 |
| Restructuring costs | 212,000 | 768,000 | 555,000 | 27,666.667 |
| Share-based compensation | 2,333,000 | 1,381,000 | 2,088,000 | 2,101,000 |
| Depreciation and amortization | 354,000 | 867,000 | 496,000 | 793,500 |
| Impairment loss on long-lived assets | 36,000 | 0 | - | 658,000 |
| Total operating expenses | 18,835,000 | 19,828,000 | 17,806,000 | 21,301,500 |
| Operating loss | -503,000 | -5,324,000 | -4,072,000 | -13,656,500 |
| Interest income, net | 11,742,000 | 8,997,000 | 9,665,000 | 13,054,000 |
| Gain (loss) on revaluation of derivative liabilities | - | - | - | 12,250 |
| Share of income from equity method investments | 0 | 0 | - | 482,666.667 |
| Gain on revaluation of loan receivable | 0 | - | - | 0 |
| Gain on revaluation of equity method investment | 0 | - | - | 0 |
| Gain (loss) on revaluation of financial instruments | 4,066,000 | -640,000 | 49,000 | -1,170,000 |
| Impairment loss on other investments | 0 | 0 | - | 4,244,666.667 |
| Foreign currency gain (loss) | 19,785,000 | -39,538,000 | 1,583,000 | 27,375,250 |
| Loss on held-for-sale assets | 3,031,000 | 2,501,000 | - | 260,000 |
| Change in allowance for credit loss on non-operating loan | -4,771,000 | - | - | - |
| Other, net | -283,000 | -1,000 | 43,000 | -141,500 |
| Total other income | 27,508,000 | -33,683,000 | 11,340,000 | 35,108,000 |
| Income (loss) before income taxes | 27,005,000 | -39,007,000 | 7,268,000 | 21,451,500 |
| Income tax benefit | -1,316,000 | -525,000 | -455,000 | 723,000 |
| Income (loss) from continuing operations | - | - | - | 20,728,500 |
| Loss from discontinued operations | - | - | - | 0 |
| Net income (loss) | 28,321,000 | -38,482,000 | 7,723,000 | 20,728,500 |
| Net income (loss) attributable to non-controlling interest | 2,363,000 | 1,229,000 | 1,601,000 | -15,500 |
| Net income (loss) attributable to cronos group | 25,958,000 | -39,711,000 | 6,122,000 | 20,744,000 |
| Basic net income (loss) per share attributable to cronos group (in dollars per share) | 0.07 | -0.1 | 0.02 | 0.055 |
| Diluted net income (loss) per share attributable to cronos group (in dollars per share) | 0.07 | -0.1 | 0.02 | 0.055 |
| Weighted-average number of common shares for computation of diluted income (loss) from continuing operations per share (in shares) | 384,992,713 | 385,306,213 | 386,963,685 | -191,292,480 |
| Weighted-average number of common shares outstanding for computation for basic income (loss) per share (in shares) | 383,086,739 | 385,306,213 | 382,958,797 | -191,192,544 |
Cronos Group Inc. (CRON)
Cronos Group Inc. (CRON)