For the quarter ending 2025-09-30, MRMD made $40,764,000 in revenue. -$2,948,000 in net income. Net profit margin of -7.23%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenue | 40,764,000 | 39,611,000 | 37,955,000 | 38,467,500 |
| Cost of revenue | 24,401,000 | 23,579,000 | 22,817,000 | 23,877,000 |
| Gross profit | 16,363,000 | 16,032,000 | 15,138,000 | 14,590,500 |
| Personnel | 7,028,000 | 7,392,000 | 7,341,000 | 6,423,000 |
| Marketing and promotion | 1,121,000 | 761,000 | 898,000 | 1,490,000 |
| General and administrative | 6,592,000 | 6,343,000 | 6,250,000 | 6,357,000 |
| Acquisition-related and other | 145,000 | 139,000 | 112,000 | 115,000 |
| Bad debt | -122,000 | 256,000 | 1,388,000 | -102,500 |
| Total operating expenses | 14,764,000 | 14,891,000 | 15,989,000 | 14,282,500 |
| Income from operations | 1,599,000 | 1,141,000 | -851,000 | 308,000 |
| Interest expense | 1,825,000 | 1,762,000 | 1,762,000 | 1,757,500 |
| Interest income | 25,000 | 25,000 | 24,000 | 32,000 |
| Other income (expense), net | 19,000 | 17,000 | - | -6,666.667 |
| Total interest and other expense, net | -1,781,000 | -1,720,000 | -1,738,000 | -1,735,500 |
| Loss before income taxes | -182,000 | -579,000 | -2,589,000 | -1,427,500 |
| Provision for income taxes | 2,759,000 | 691,000 | 2,831,000 | 3,319,000 |
| Net loss | -2,941,000 | -1,270,000 | -5,420,000 | -4,746,500 |
| Less net income attributable to noncontrolling interests | 7,000 | -1,000 | 32,000 | 4,500 |
| Net loss attributable to common stockholders | -2,948,000 | -1,269,000 | -5,452,000 | -4,751,000 |
| Basic (in dollars per share) | -0.01 | 0 | -0.01 | -0.015 |
| Basic (in shares) | 392,613,000 | 389,903,000 | 382,557,000 | -190,480,000 |
| Diluted (in dollars per share) | -0.01 | 0 | -0.01 | -0.015 |
| Diluted (in shares) | 392,613,000 | 389,903,000 | 382,557,000 | -190,480,000 |
MARIMED INC. (MRMD)
MARIMED INC. (MRMD)