Financial insights of VRNOF

MyFinsight

For the quarter ending 2025-09-30, VRNOF made $202,810K in revenue. -$43,832K in net income. Net profit margin of -21.61%.

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-12-31
Revenues, net of discounts	202,810	202,272	209,809	219,976*
Cost of goods sold, net	107,573	89,288	110,228	111,200*
Gross profit	95,237	112,984	99,581	108,776*
Selling, general, and administrative expenses	80,560	86,345	84,579	330,080*
Loss on impairment of intangibles & fixed assets	-	-	-	79,880*
Loss on impairment of intangibles goodwill	-	-	-	2,045*
Loss on impairment of fixed assets	-	428	-	-
Loss on impairment of fixed assets & held for sale assets	5,400	-	-	-
Total operating expenses	85,960	86,773	-	412,005*
Income from operations	9,277	26,211	15,002	-303,229*
Gain on disposal of property, plant and equipment	-620	-212	-84	717*
Gain on deconsolidation	0	0	4,739	-
Loss (gain) on debt extinguishment	-946	2,947	-63	6,136*
Interest expense, net	-13,212	-14,207	-13,562	-19,754*
Other expense, net	-9,890	1,263	-198	-1,298*
Total other (expense), net	-24,668	-10,209	-9,168	-14,200*
Income (loss) before provision for income taxes	-15,391	16,002	5,834	-317,430*
Provision for income taxes	28,441	35,152	17,349	-72,068*
Net loss before non-controlling interest	-	-	-	-245,362
Net loss attributable to verano holdings corp. and subsidiaries	-43,832	-19,150	-11,515	-245,362

Basic EPS	-0.12	-0.05	-0.03	-0.696
Diluted EPS	-0.12	-0.05	-0.03	-0.696
Basic Average Shares	361,788,905	360,368,777	359,145,607	352,565,467
Diluted Average Shares	361,788,905	360,368,777	359,145,607	352,565,467

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.