For the quarter ending 2025-09-30, FLGC made $9,748,000 in revenue. -$6,659,000 in net income. Net profit margin of -68.31%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenues | 9,748,000 | 14,796,000 | 11,786,000 | 15,678,500 |
| Cost of sales | 9,413,000 | 11,966,000 | 8,898,000 | 12,433,000 |
| Gross profit | 335,000 | 2,830,000 | 2,888,000 | 3,245,500 |
| Research and development | - | 73,000 | 113,000 | 119,000 |
| Consulting and management fees | 1,240,000 | 2,202,000 | 1,901,000 | 2,416,500 |
| Impairment | - | - | - | 59,000 |
| Professional fees | 445,000 | 707,000 | 583,000 | 444,000 |
| Promotion and communication | - | 945,000 | 905,000 | 1,483,500 |
| General and administrative | 473,000 | 760,000 | 470,000 | 467,500 |
| Other cost and expense, operating | - | - | - | -27,000 |
| Travel expenses | 31,000 | 106,000 | 98,000 | 128,000 |
| Other asset impairment charges | - | - | - | 500,250 |
| Share based compensation | 541,000 | 172,000 | 172,000 | 1,180,500 |
| Operating lease expense | 38,000 | 162,000 | 167,000 | 170,500 |
| Depreciation and amortization | 7,000 | 195,000 | 182,000 | 142,500 |
| Bad debt expense | -10,000 | 259,000 | 71,000 | - |
| Asset impairment | 0 | 0 | 46,000 | - |
| Gain on disposal of insolvent subsidiaries | 0 | 0 | 1,162,000 | - |
| Represent the amount of bad debt expense | - | - | - | 121,333.333 |
| Other (income) expenses, net | -836,000 | 185,000 | -319,000 | - |
| Operating expenses | 3,601,000 | 5,396,000 | 3,865,000 | 7,453,000 |
| Operating loss | -3,266,000 | -2,566,000 | -977,000 | -4,207,500 |
| Interest expense | -61,000 | -96,000 | -51,000 | -105,500 |
| Foreign exchange loss (gain) | -25,000 | 56,000 | 3,000 | -255,500 |
| Changes in financial instruments at fair value | -257,000 | 146,000 | 305,000 | -145,500 |
| Net loss before income taxes | -3,609,000 | -2,460,000 | -720,000 | -4,714,000 |
| Income taxes | 18,000 | -48,000 | 38,000 | 11,000 |
| Net (loss) income from continuing operations | -3,627,000 | - | - | -4,725,000 |
| Loss from discontinued operations | -3,032,000 | - | - | - |
| Net loss | -6,659,000 | -2,412,000 | -758,000 | -4,725,000 |
| Net loss attributable to noncontrolling interest | 0 | 0 | - | - |
| Net loss attributable to flora growth | -6,659,000 | -2,412,000 | - | -4,752,000 |
| Earnings per share, basic | -9.05 | -0.11 | -0.04 | -0.405 |
| Earnings per share, diluted | -9.05 | -0.11 | -0.04 | -0.405 |
| Weighted average number of shares outstanding, basic | 736 | 21,454 | 19,064 | -6,682 |
| Weighted average number of shares outstanding, diluted | 736 | 21,454 | 19,064 | -6,682 |
Flora Growth Corp. (FLGC)
Flora Growth Corp. (FLGC)