VERANO HOLDINGS CORP. (VRNO)

Import this data to Google Sheets with:

=jivedata("VRNO","financials")

Full statements spill as a table. For one cell: =jivedata("VRNO","Revenue") or =jivedata("VRNO","Revenue","TTM"). Install the Jive Data add-on, then paste into a cell.

VERANO HOLDINGS CORP.

VRNO • CIK 0001848416

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Revenue from Contract with Customer, Excluding Assessed Tax	$938,452	$878,585	$821,504	$835,519
Cost of Goods and Services Sold	$463,246	$434,654	$408,007	$435,912
Gross Profit	$475,206	$443,931	$413,497	$399,607
Income (Loss) from Equity Method Investments	$-306	$0	$0	$0
Operating Income (Loss)	$84,784	$-237,176	$-107,093	$-132,064
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	$27,798	$-299,915	$-166,230	$-204,752
Income Tax Expense (Benefit)	$145,146	$41,944	$91,678	$53,725
Net Income (Loss) Attributable to Parent	$-117,348	$-341,859	$-257,908	$-258,477
Weighted Average Number of Shares Outstanding, Basic	342,774,236	349,584,820	360,911,293	73,995,743
Selling, General and Administrative Expense	$331,928	$353,408	$337,322	$344,769
Equity Method Investment, Other than Temporary Impairment	$6,571	$0	$0	$0
Goodwill, Impairment Loss	$37,931	$8,179	$86,591	$86,591
Operating Expenses	$390,116	$681,107	$520,590	$531,671
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property	$-1,123	$-1,095	$-1,950	$-1,669
Deconsolidation, Gain (Loss), Amount	$0	$0	$4,739	$0
Gain (Loss) on Extinguishment of Debt	$-663	$-3,068	$1,938	$-6,684
Interest Income (Expense), Nonoperating, Net	$-59,793	$-54,759	$-53,589	$-49,390
Other Nonoperating Income (Expense)	$4,593	$-3,817	$-10,275	$-14,945
Nonoperating Income (Expense)	$-56,986	$-62,739	$-59,137	$-72,688

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Property, Plant and Equipment, Net	$501,304	$537,964	$492,473	$485,138
Operating Lease, Right-of-Use Asset	$93,459	$99,915	$93,806	$89,367
Intangible Assets, Net (Excluding Goodwill)	$1,086,146	$734,005	$579,090	$550,120
Goodwill	$231,291	$246,230	$161,009	$161,009
Deposits Assets, Noncurrent	$12,249	$13,333	$10,565	$9,327
Assets	$2,318,745	$1,988,956	$1,741,594	$1,699,243
Cash and Cash Equivalents, at Carrying Value	$174,760	$87,796	$82,724	$85,195
Accounts Receivable, after Allowance for Credit Loss, Current	$38,981	$40,264	$30,930	$28,794
Assets Held-for-sale, Not Part of Disposal Group, Current	$1,955	$32,150	$27,839	$23,927
Inventory, Net	$140,687	$184,456	$229,968	$222,204
Income Taxes Receivable, Current	—	—	$11,986	$28,744
Prepaid Expense and Other Assets, Current	$37,813	$12,843	$21,204	$15,418
Assets, Current	$394,196	$357,509	$404,651	$404,282
Liabilities	$1,078,665	$1,038,137	$1,039,215	$1,024,530
Stockholders' Equity Attributable to Noncontrolling Interest	$0	$-1,355	$-1,777	$-1,816
Accounts Payable, Current	$31,281	$39,927	$38,737	$26,521
Accrued Liabilities, Current	$66,766	$68,941	$69,301	$59,694
Accrued Income Taxes, Current	$248,471	$58,762	$12,122	$0
Operating Lease, Liability, Current	$9,750	$11,250	$11,979	$12,561
Long-term Debt, Current Maturities	$52,005	$18,153	$7,852	$10,548
Business Combination, Contingent Consideration, Liability, Current	$3,915	$935	$270	$42
Liabilities, Current	$412,188	$197,968	$140,261	$109,366
Long-term Debt, Excluding Current Maturities	$393,637	$395,696	$391,883	$382,064
Operating Lease, Liability, Noncurrent	$87,397	$97,884	$91,086	$88,507
Deferred Income Tax Liabilities, Net	$182,215	$74,099	$36,643	$43,406
Other Liabilities, Noncurrent	$3,228	$1,911	$1,081	$444
Liabilities, Noncurrent	$666,477	$840,169	$898,954	$915,164
Preferred Stock, Value, Issued	—	—	$0	$0
Additional Paid in Capital	—	—	$1,745,306	$1,751,205
Retained Earnings (Accumulated Deficit)	—	—	$-1,041,514	$-1,072,748
Stockholders' Equity Attributable to Parent	$1,240,080	$952,174	$704,156	$676,529
Common Stock, Shares Authorized	—	—	5,000,000,000	1,000,000,000
Common Stock, Shares, Issued	100,000	—	363,245,512	73,537,970
Preferred Stock, Shares Authorized	—	—	1,000,000,000	1,000,000,000
Preferred Stock, Shares Issued	—	—	0	0

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Net Income (Loss) Attributable to Parent	$-117,348	$-341,859	$-257,908	$-258,477
Net Cash Provided by (Used in) Operating Activities	$109,710	$112,195	$52,855	$89,380
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect	$89,914	$-86,982	$-5,067	$16,628
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$-5	$18	$-5	$-2
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$174,760	$87,796	$82,724	$72,530
Depreciation, Depletion and Amortization	$141,133	$139,664	$124,155	$119,495
Payments to Acquire Businesses, Net of Cash Acquired	$13,250	$35,875	$0	$0
Operating Lease, Right-of-Use Asset, Amortization Expense	$10,493	$11,199	$11,994	$12,120
Payments to Acquire Property, Plant, and Equipment	$36,330	$99,048	$41,226	$43,700
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property	$-1,123	$-1,095	$-1,950	$-1,669
Proceeds from Sale of Productive Assets	$2,180	$64	$354	$330
Deconsolidation, Gain (Loss), Amount	$0	$0	$4,739	$0
Proceeds from Divestiture of Interest in Subsidiaries and Affiliates	$0	$0	$9,071	$0
Gain (Loss) on Extinguishment of Debt	$-663	$-3,068	$1,938	$-6,684
Payments for (Proceeds from) Other Investing Activities	$0	$-1,608	$800	$800
Goodwill, Impairment Loss	$37,931	$8,179	$86,591	$86,591
Net Cash Provided by (Used in) Investing Activities	$-47,400	$-133,251	$-32,601	$-44,170
Equity Method Investment, Other than Temporary Impairment	$6,571	$0	$0	$0
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability	$-3,466	$0	$0	$0
Share-based Payment Arrangement, Noncash Expense	$13,230	$16,946	$11,506	$12,768
Other Operating Activities, Cash Flow Statement	$5,784	$15,671	$18,755	$17,720
Payments of Merger Related Costs, Financing Activities	—	$32	$708	$500
Proceeds from Issuance of Long-term Debt	$79,088	$0	$62,000	$62,000
Repayments of Long-term Debt	$49,868	$63,402	$77,925	$77,925
Payments of Debt Issuance Costs	$1,616	$0	$2,665	$13,546
Payment for Debt Extinguishment or Debt Prepayment Cost	$0	$1,000	$0	$4,345
Payments to Noncontrolling Interests	—	—	$4,672	$39
Proceeds from (Payments for) Other Financing Activities	—	$-1,492	$-1,351	$-3,359
Net Cash Provided by (Used in) Financing Activities	$27,604	$-65,926	$-25,321	$-28,582
Interest Paid, Excluding Capitalized Interest, Operating Activities	$23,677	$52,565	$48,216	$44,381
Income Taxes Paid, Net	$166,634	$81,535	$78,188	$78,188
Capital Expenditures Incurred but Not yet Paid	$4,916	$20,507	$8,075	$8,075
Notes Issued	—	$25,776	$0	$0
Stock Issued	$0	$34,453	$0	$0
Noncash or Part Noncash Acquisition, Value of Liabilities Assumed	$8,735	$12,422	$2,014	$2,014
Noncash or Part Noncash Acquisition, Value of Assets Acquired	$1,522	$1,522	$1,522	$1,522
Increase (Decrease) in Accounts Receivable	$22,675	$2,746	$-5,355	$96
Increase (Decrease) in Inventories	$-23,887	$15,890	$46,763	$8,117
Increase (Decrease) in Income Taxes Receivable	—	—	$6,842	$28,743
Increase (Decrease) in Accounts Payable	$-8,881	$-4,182	$5,374	$-4,073
Increase (Decrease) in Income Taxes Payable	$-4,431	$-189,989	$-51,784	$-36,452
Increase (Decrease) in Deferred Income Taxes	—	$108,514	$37,456	$28,963
Increase (Decrease) in Other Operating Assets	$-7,120	$-9,379	$4,276	$-4,522
Increase (Decrease) in Other Operating Liabilities	$4,786	$-16,952	$-5,478	$-12,951

Loading financial statements…

Import this data to Google Sheets with:

=jivedata("VRNO","financials")

Full statements spill as a table. For one cell: =jivedata("VRNO","Revenue") or =jivedata("VRNO","Revenue","TTM"). Install the Jive Data add-on, then paste into a cell.