For the quarter ending 2025-09-30, TCNNF made $288,187,000 in revenue. -$26,835,000 in net income. Net profit margin of -9.31%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenue | 288,187,000 | 302,086,000 | 297,760,000 | 299,382,000 |
| Cost of goods sold | 118,330,000 | 119,160,000 | 114,541,000 | 118,972,500 |
| Gross profit | 169,857,000 | 182,926,000 | 183,219,000 | 180,409,500 |
| Selling, general, and administrative | 99,019,000 | 101,116,000 | 118,772,000 | - |
| Depreciation and amortization | 29,456,000 | 29,427,000 | 29,328,000 | 28,199,000 |
| Impairment and disposal of long-lived assets, net of (recoveries) | - | - | 1,793,000 | -1,323,000 |
| General and administrative | - | - | - | 65,717,500 |
| Sales and marketing | - | - | - | 63,903,500 |
| Impairment and other charges, net of (recoveries) | -856,000 | -251,000 | - | - |
| Total expenses | 127,619,000 | 130,292,000 | 149,893,000 | 156,705,500 |
| Income from operations | 42,238,000 | 52,634,000 | 33,326,000 | 23,704,000 |
| Interest expense, net | 16,086,000 | 16,393,000 | 16,295,000 | 14,642,500 |
| Interest income | 4,394,000 | 3,638,000 | 3,068,000 | 3,218,500 |
| Other expense, net | -1,245,000 | -975,000 | 228,000 | -2,758,000 |
| Total other expense, net | -12,937,000 | -13,730,000 | -12,999,000 | -14,182,000 |
| Income (loss) before provision for income taxes | 29,301,000 | 38,904,000 | 20,327,000 | 9,522,000 |
| Provision for income taxes | 53,036,000 | 54,720,000 | 52,464,000 | 51,503,000 |
| Net loss from continuing operations | -23,735,000 | -15,816,000 | -32,137,000 | -41,981,000 |
| Net loss from discontinued operations, net of tax benefit (provision) of 0, 0, (441), and 0, respectively | -5,049,000 | -295,000 | -1,622,000 | -1,223,500 |
| Net loss | -28,784,000 | -16,111,000 | -33,759,000 | -43,204,500 |
| Less net loss attributable to non-controlling interest from continuing operations | -1,949,000 | -2,331,000 | -889,000 | -1,368,000 |
| Net loss attributable to common shareholders | -26,835,000 | -13,780,000 | -32,870,000 | -41,432,000 |
| Basic eps | - | - | -0.16 | -0.215 |
| Diluted eps | - | - | -0.16 | -0.215 |
| Basic (in shares) | 191,278,321 | 191,199,880 | 191,127,903 | -95,262,469 |
| Diluted (in shares) | 191,278,321 | 191,199,880 | 191,127,903 | -95,262,469 |
Trulieve Cannabis Corp. (TCNNF)
Trulieve Cannabis Corp. (TCNNF)