Financial insights of VREOF

MyFinsight

For the year ending 2025-12-31, VREOF made $268,769,268 in revenue. -$68,113,908 in net income. Net profit margin of -25.34%.

Income Statement	2025-12-31	2024-12-31
Revenue	268,769,268	99,384,221
Product costs	122,009,304	48,319,204
Non-cash product costs	17,805,282	-
Inventory valuation adjustments	1,859,305	294,000
Gross profit	127,095,377	50,771,017
Selling, general and administrative expenses	81,186,632	28,063,050
Transaction related expenses	11,208,273	4,504,001
Stock-based compensation expenses	18,663,707	3,627,774
Depreciation	11,337,597	292,694
Amortization	5,747,651	720,134
Total operating expenses	128,143,860	37,207,653
Income (loss) from operations	-1,048,483	13,563,364
Interest expenses, net	-15,905,534	-
Interest expense on finance lease liabilities - minnesota & new york	14,348,831	-
Impairment of long-lived assets	2,600,000	-
Gain (loss) on disposal of assets and debt	-7,866,997	-
Gain (loss) on change in the fair value of contingent consideration	9,617,000	-
Gain (loss) on disposal of assets	-	-218,327
Derivative gain (loss)	-172,811	-
Other income (expenses)	11,648,748	949,299
Interest expenses, net	-	31,188,845
Other income (expenses), net	-38,862,425	-30,457,873
Loss before income taxes	-39,910,908	-16,894,509
Deferred income tax recoveries (expenses)	-13,406,000	-
Current income tax expenses	41,609,000	11,113,000
Net loss and comprehensive loss	-68,113,908	-28,007,509

Basic EPS	-0.09	-0.16
Diluted EPS	-0.09	-0.16
Basic Average Shares	734,738,785	180,391,815
Diluted Average Shares	734,738,785	180,391,815