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

+0.32 (+2.94%)

$3.8 B

CRON Mkt cap, 13-Jan-2021

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

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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

CAD	FY, 2016	FY, 2017	FY, 2018	FY, 2019
Revenue	554.2k	4.1m	15.7m	23.8m
Revenue growth, %		637%	285%	51%
Cost of goods sold			4.4m	41.6m
Gross profit			11.3m	(17.9m)
Gross profit Margin, %			72%	(75%)
Sales and marketing expense			4.1m	23.0m
R&D expense			2.4m	12.2m
General and administrative expense	2.6m	6.9m	17.4m	49.4m
Operating expense total	2.6m	9.3m	29.4m	103.6m
Depreciation and amortization	382.7k	541.0k	1.3m	2.1m
EBIT		(2.1m)	(18.1m)	(121.5m)
EBIT margin, %		(52%)	(115%)	(512%)
Interest expense	238.3k	126.0k
Interest income			107.0k	28.0m
Pre tax profit	(1.8m)	2.8m	(18.7m)	1.2b
Income tax expense	(568.0k)	298.0k	489.0k
Net Income	(1.2m)	2.5m	(19.2m)	1.2b

CAD	Q1, 2017	Q2, 2017	Q3, 2017	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019
Revenue	513.8k	643.7k	1.3m	2.9m	3.4m	3.8m	4.0m	10.2m	7.6m
Cost of goods sold				1.0m		1.7m		4.3m	9.5m
Gross profit				1.9m		2.1m		5.9m	(1.9m)
Gross profit Margin, %				65%		56%		58%	(25%)
Sales and marketing expense				586.0k	364.0k	598.0k	1.5m	5.4m	6.1m
R&D expense							1.6m	3.1m	3.4m
General and administrative expense	908.1k	1.1m	809.3k	2.5m	4.2m	4.8m	9.6m	15.2m	21.3m
Operating expense total	908.1k	1.1m	809.3k	4.1m	5.9m	7.0m	13.9m	26.3m	34.8m
Depreciation and amortization	200.6k	228.3k	255.1k	285.0k	323.0k	330.0k	470.0k	675.0k	907.0k
EBIT				(2.2m)	490.0k	(4.9m)	(658.0k)	(20.3m)	(55.8m)
EBIT margin, %				(74%)	14%	(130%)	(16%)	(199%)	(731%)
Interest expense	155.5k	13.4k	21.9k	22.0k	37.0k	62.0k
Interest income							2.7m	12.5m	11.7m
Pre tax profit	(843.4k)	151.9k	1.0m	(1.9m)	456.0k	(4.9m)	430.2m	251.0m	782.4m
Income tax expense	1.0k	(23.0k)	(76.0k)	(888.0k)	(267.0k)	2.4m	2.2m	(335.0k)	(4.0m)
Net Income	(844.4k)	174.9k	1.1m	(1.0m)	723.0k	(7.3m)	428.0m	251.0m	786.4m

CAD	FY, 2016	FY, 2017	FY, 2018	FY, 2019
Cash	3.5m	9.2m	32.6m	1.2b
Accounts Receivable	107.2k	1.1m	4.2m	4.6m
Prepaid Expenses	503.2k	790.0k	3.9m	9.4m
Inventories	1.9m	8.4m	11.6m	38.0m
Current Assets	8.1m	26.7m	65.1m	1.6b
PP&E	14.1m	56.2m	171.9m	161.8m
Goodwill	1.8m	1.8m	1.8m	214.8m
Total Assets	42.9m	101.0m	261.1m	2.1b
Accounts Payable	1.2m	7.9m	15.5m	35.3m
Short-term debt			21.0m	427.0k
Current Liabilities	7.8m	7.9m	45.5m	332.9m
Long-term debt		5.4m		6.7m
Total Debt		5.4m	21.0m	7.1m
Total Liabilities	9.2m	14.7m	49.5m	341.4m
Common Stock	33.6m	83.6m	225.5m	561.2m
Additional Paid-in Capital				23.2m
Retained Earnings	(6.2m)	(3.7m)	(22.7m)	1.1b
Total Equity	33.7m	86.4m	211.6m	1.7b
Debt to Equity Ratio		0.1 x	0.1 x	0 x
Debt to Assets Ratio		0.1 x	0.1 x	0 x
Financial Leverage	1.3 x	1.2 x	1.2 x	1.2 x

CAD	Q1, 2017	Q2, 2017	Q3, 2017	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019
Cash	15.2m	4.4m	16.5m	32.4m	89.6m	41.5m	2.4b	1.6b	1.5b
Accounts Receivable	243.1k	298.1k	399.9k	2.5m	2.8m	3.3m	2.8m	9.2m	6.9m
Prepaid Expenses	568.0k	2.7m	2.2m	4.7m	4.1m	10.2m	5.1m	7.1m	11.7m
Inventories	2.3m	2.7m	4.8m	9.0m	12.3m	15.1m	25.1m	41.6m	54.1m
Current Assets	21.3m	13.2m	27.1m	58.6m	123.1m	86.0m	2.5b	2.4b	2.1b
PP&E	16.0m	19.2m	30.5m	63.9m	93.7m	127.6m	184.6m	196.7m	216.3m
Goodwill	1.8m	1.8m	1.8m	1.8m	1.8m	1.8m	1.8m	1.8m	284.2m
Total Assets	58.6m	55.1m	79.4m	140.2m	235.4m	234.5m	2.7b	2.7b	2.8b
Accounts Payable	1.2m	1.4m	4.6m	2.8m	2.3m	3.1m	41.9m	27.6m	54.4m
Short-term debt				39.0k		5.7m	556.0k	417.0k	420.0k
Current Liabilities	6.5m	2.7m	5.5m	2.8m	2.3m	9.5m	1.7b	1.4b	601.1m
Long-term debt			5.0m	5.6m	55.6m		1.8m	3.1m	7.7m
Total Debt			5.0m	5.6m	55.6m	5.7m	2.4m	3.5m	8.2m
Total Liabilities	8.0m	4.1m	11.9m	8.9m	8.2m	12.2m	1.7b	1.4b	610.9m
Common Stock	50.9m	51.6m	67.6m	128.6m	224.7m	225.5m	556.9m	559.3m	693.6m
Retained Earnings	(7.1m)	(6.9m)	(5.8m)	(4.8m)	(4.1m)	(11.3m)	404.8m	655.3m	1.4b
Total Equity	50.6m	51.0m	67.5m	131.3m	227.3m	222.3m	970.2m	1.2b	2.1b
Debt to Equity Ratio			0.1 x	0 x	0.2 x	0 x	0 x	0 x	0 x
Debt to Assets Ratio			0.1 x	0 x	0.2 x	0 x	0 x	0 x	0 x
Financial Leverage	1.2 x	1.1 x	1.2 x	1.1 x	1 x	1.1 x	2.8 x	2.2 x	1.3 x

CAD	FY, 2016	FY, 2017	FY, 2018	FY, 2019
Net Income	(1.2m)	2.5m	(19.2m)	1.2b
Depreciation and Amortization	382.7k	996.0k	2.5m	3.9m
Accounts Receivable	(56.5k)	(1.0m)	(3.0m)	(702.0k)
Inventories	(714.1k)	(6.5m)	(11.5m)	(51.9m)
Accounts Payable		6.7m	7.5m	13.3m
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	16.8m	50.1m	154.6m	1.9b
Net Change in Cash	2.3m	5.7m	23.4m	1.2b
Interest Paid	294.4k	200.0k	870.0k

CAD	Q1, 2017	Q2, 2017	Q3, 2017	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019
Net Income	(844.4k)	(669.6k)	427.9k	(1.0m)	(327.0k)	(6.7m)	428.0m	678.9m	1.5b
Depreciation and Amortization	200.6k	428.9k	684.0k	540.0k	1.1m	1.8m	470.0k	1.1m	2.1m
Accounts Receivable	(136.0k)	(190.9k)	(292.7k)	(1.4m)	(1.7m)	(2.1m)	1.4m	(5.0m)	26.0k
Inventories	(351.1k)	(804.8k)	(2.9m)	(598.0k)	(8.7m)	(13.0m)	(15.8m)	(35.8m)	(62.3m)
Accounts Payable	73.0k	208.5k	3.5m	(5.1m)	(5.7m)	(5.0m)	26.6m	12.3m	36.4m
Cash From Operating Activities	(1.9m)	(5.3m)	(3.0m)	(13.7m)	(20.6m)	(33.3m)	(18.4m)	(76.0m)	(102.4m)
Purchases of PP&E	(2.0m)	(5.5m)	(17.1m)	(7.6m)	(37.7m)	(71.9m)	(13.5m)	(27.9m)	(50.0m)
Cash From Investing Activities	(3.2m)	(7.1m)	(18.9m)	(8.1m)	(38.3m)	(74.2m)	(5.4m)	(787.2m)	(906.0m)
Long-term Borrowings		(4.0m)	(4.0m)	(198.0k)	(185.0k)		(86.3m)	(86.5m)	(21.9m)
Cash From Financing Activities	16.9m	13.3m	35.0m	45.0m	139.3m	139.8m	2.4b	2.4b	2.5b
Net Change in Cash	11.7m	942.1k	13.1m	23.2m	80.4m	32.3m	2.4b	1.5b	1.4b
Interest Paid	120.0k	200.0k	222.1k	307.0k	496.0k	684.0k	675.0k	752.0k	829.0k

USD	FY, 2016
Financial Leverage	1.3 x

	FY, 2017	FY, 2018	FY, 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