Cronos Group (CRON) stock price, revenue, and financials

Cronos Group market cap is $3.8 b, and annual revenue was $23.75 m in FY 2019

$3.8 B

CRON Mkt cap, 13-Jan-2021

$23.8 M

Cronos Group Revenue FY, 2019
Cronos Group Revenue growth (FY, 2018 - FY, 2019), %51%
Cronos Group Gross profit (FY, 2019)-17.9 M
Cronos Group Gross profit margin (FY, 2019), %(75.2%)
Cronos Group Net income (FY, 2019)1.2 B
Cronos Group EBIT (FY, 2019)-121.5 M
Cronos Group Cash, 31-Dec-20191.2 B
Cronos Group EV2.6 B

Cronos Group Revenue Breakdown

Embed Graph

Cronos Group revenue breakdown by business segment: 22.5% from Cannabis Extracts, 63.2% from Cannabis Flower and 14.3% from Other

Cronos Group revenue breakdown by geographic segment: 14.2% from United States and 85.8% from Rest of World

Cronos Group Income Statement

Annual

CADFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

554.2k4.1m15.7m23.8m

Revenue growth, %

637%285%51%

Cost of goods sold

4.4m41.6m

Gross profit

11.3m(17.9m)

Gross profit Margin, %

72%(75%)

Sales and marketing expense

4.1m23.0m

R&D expense

2.4m12.2m

General and administrative expense

2.6m6.9m17.4m49.4m

Operating expense total

2.6m9.3m29.4m103.6m

Depreciation and amortization

382.7k541.0k1.3m2.1m

EBIT

(2.1m)(18.1m)(121.5m)

EBIT margin, %

(52%)(115%)(512%)

Interest expense

238.3k126.0k

Interest income

107.0k28.0m

Pre tax profit

(1.8m)2.8m(18.7m)1.2b

Income tax expense

(568.0k)298.0k489.0k

Net Income

(1.2m)2.5m(19.2m)1.2b

Cronos Group Balance Sheet

Annual

CADFY, 2016FY, 2017FY, 2018FY, 2019

Cash

3.5m9.2m32.6m1.2b

Accounts Receivable

107.2k1.1m4.2m4.6m

Prepaid Expenses

503.2k790.0k3.9m9.4m

Inventories

1.9m8.4m11.6m38.0m

Current Assets

8.1m26.7m65.1m1.6b

PP&E

14.1m56.2m171.9m161.8m

Goodwill

1.8m1.8m1.8m214.8m

Total Assets

42.9m101.0m261.1m2.1b

Accounts Payable

1.2m7.9m15.5m35.3m

Short-term debt

21.0m427.0k

Current Liabilities

7.8m7.9m45.5m332.9m

Long-term debt

5.4m6.7m

Total Debt

5.4m21.0m7.1m

Total Liabilities

9.2m14.7m49.5m341.4m

Common Stock

33.6m83.6m225.5m561.2m

Additional Paid-in Capital

23.2m

Retained Earnings

(6.2m)(3.7m)(22.7m)1.1b

Total Equity

33.7m86.4m211.6m1.7b

Debt to Equity Ratio

0.1 x0.1 x0 x

Debt to Assets Ratio

0.1 x0.1 x0 x

Financial Leverage

1.3 x1.2 x1.2 x1.2 x

Cronos Group Cash Flow

Annual

CADFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(1.2m)2.5m(19.2m)1.2b

Depreciation and Amortization

382.7k996.0k2.5m3.9m

Accounts Receivable

(56.5k)(1.0m)(3.0m)(702.0k)

Inventories

(714.1k)(6.5m)(11.5m)(51.9m)

Accounts Payable

6.7m7.5m13.3m

Cash From Operating Activities

6.5m(5.5m)(9.7m)(130.0m)

Purchases of PP&E

(1.5m)(42.7m)(114.4m)(38.7m)

Cash From Investing Activities

(8.0m)(38.8m)(121.5m)(603.5m)

Long-term Borrowings

(3.6m)(4.0m)(65.2m)

Cash From Financing Activities

16.8m50.1m154.6m1.9b

Net Change in Cash

2.3m5.7m23.4m1.2b

Interest Paid

294.4k200.0k870.0k

Cronos Group Ratios

USDFY, 2016

Financial Leverage

1.3 x

Cronos Group Operating Metrics

FY, 2017FY, 2018FY, 2019

Brands

3 5

Dried Cannabis Varieties

21

Cannabis Oils Varieties

10

Cannabis Production Land (Peace Naturals), acres

90 90

Cannabis Production Land (OGBC), acres

30 30

Cannabis Production Land (Cronos Australia), acres

120 120