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Cronos Group Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Total Revenue 36.3M 33.5M 32.3M 30.3M 34.3M --
Operating Revenue 48.8M 44.3M 41.9M 41.2M 46.6M --
Cost Of Revenue 18.0M 19.0M 18.5M 19.5M 30.7M --
Gross Profit 18.3M 14.5M 13.7M 10.8M 3.6M --
Selling General And Administration 16.9M 17.3M 16.0M 20.7M 20.6M --
General And Administrative Expense 11.6M 11.9M 11.4M 14.3M 15.0M --
Research And Development 1.3M 929,000 793,000 1.0M 1.2M --
Depreciation And Amortization In Income Statement 354,000 867,000 496,000 464,000 1.1M --
Operating Expense 23.4M 19.1M 17.3M 22.2M 22.9M --
Operating Income -5.0M -4.6M -3.5M -11.4M -19.3M --
EBIT -5.0M -4.6M -3.5M -11.4M -19.3M --
Interest Income 11.7M 9.0M 9.7M 11.9M 12.5M --
Interest Income Non Operating 11.7M 9.0M 9.7M 11.9M 12.5M --
Net Interest Income 11.7M 9.0M 9.7M 11.9M 12.5M --
Other Income Expense 20.3M -43.4M 1.1M 45.4M 11.4M --
Other Non Operating Income Expenses -283,000 -1,000 43,000 387,000 -315,000 --
Special Income Charges -3.3M -3.3M -555,000 -780,000 -24.8M --
Restructuring And Mergern Acquisition 212,000 768,000 555,000 0.00 0.00 --
Write Off 0.00 0.00 0.00 0.00 0.00 --
Gain On Sale Of Security 23.9M -40.2M 1.6M 45.8M 4.1M --
Earnings From Equity Interest 0.00 0.00 0.00 0.00 32.5M --
Pretax Income 27.0M -39.0M 7.3M 45.9M 4.6M --
Tax Provision -1.3M -525,000 -455,000 2.0M -2.7M --
Tax Effect Of Unusual Items 3.1M -584,759 161,550 2.0M -3.1M --
Net Income From Continuing And Discontinued Operation 26.0M -39.7M 6.1M 43.7M 8.3M --
Net Income From Continuing Operation Net Minority Interest 26.0M -39.7M 6.1M 43.7M 8.3M --
Net Income Including Noncontrolling Interests 28.3M -38.5M 7.7M 43.9M 7.3M --
Minority Interests -2.4M -1.2M -1.6M -212,000 1.0M --
Net Income Common Stockholders 26.0M -39.7M 6.1M 43.7M 8.3M --
Net Income 26.0M -39.7M 6.1M 43.7M 8.3M --
EBITDA -1.5M -354,000 -677,000 -8.8M -15.7M --
Normalized EBITDA -22.1M 43.1M -1.8M -53.9M 5.0M --
Reconciled Depreciation 3.5M 4.2M 2.8M 2.5M 3.6M --
Basic EPS -- -0.10 0.02 -- 0.02 -0.02
Diluted EPS -- -0.10 0.02 -- 0.02 -0.02
Basic Average Shares -- 385.3M 306.1M -- 382.3M 382.2M
Diluted Average Shares -- 385.3M 306.1M -- 386.0M 382.2M
Total Unusual Items 20.6M -43.4M 1.1M 45.1M -20.7M --
Total Unusual Items Excluding Goodwill 20.6M -43.4M 1.1M 45.1M -20.7M --
Tax Rate For Calcs 0.15 0.01 0.15 0.04 0.15 --
Normalized Income 8.5M 3.2M 5.2M 634,399 26.0M --
Depreciation Amortization Depletion Income Statement 354,000 867,000 496,000 464,000 1.1M --
Diluted NI Availto Com Stockholders 26.0M -39.7M 6.1M 43.7M 8.3M --
Excise Taxes 12.5M 10.8M 9.6M 10.9M 12.3M --
Gain On Sale Of Ppe -3.0M -2.5M -- -780,000 -10.4M 0.00
Impairment Of Capital Assets 36,000 0.00 0.00 0.00 14.4M --
Net Income Continuous Operations 28.3M -38.5M 7.7M 43.9M 7.3M --
Net Income Discontinuous Operations -- -- -- 0.00 0.00 0.00
Net Non Operating Interest Income Expense 11.7M 9.0M 9.7M 11.9M 12.5M --
Other Gand A 9.3M 10.5M 9.3M 12.1M 12.8M --
Provision For Doubtful Accounts 4.8M -- -- -- -- --
Reconciled Cost Of Revenue 14.8M 15.6M 16.2M 17.4M 28.2M --
Salaries And Wages 2.3M 1.4M 2.1M 2.2M 2.3M --
Selling And Marketing Expense 5.3M 5.3M 4.6M 6.4M 5.5M --
Total Expenses 41.4M 38.0M 35.8M 41.7M 53.5M --
Total Operating Income As Reported -503,000 -5.3M -4.1M -11.4M -33.7M --
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Cash And Cash Equivalents 784.2M 794.4M 797.8M 858.8M 862.0M --
Cash Cash Equivalents And Short Term Investments 824.2M 834.4M 837.8M 858.8M 862.0M --
Other Short Term Investments 40.0M 40.0M 40.0M 0.00 0.00 --
Accounts Receivable 27.1M 26.6M 18.7M 15.5M 20.5M --
Receivables 38.2M 39.4M 31.8M 29.8M 33.6M --
Inventory 48.2M 42.1M 34.6M 33.1M 47.2M --
Other Current Assets 8.8M 5.2M 6.3M 6.3M 7.3M --
Current Assets 922.2M 927.1M 918.6M 936.1M 959.2M --
Gross PPE 292.3M 296.7M 274.0M 268.0M 300.5M --
Accumulated Depreciation -145.2M -144.8M -133.5M -133.4M -137.0M --
Net PPE 147.1M 151.9M 140.5M 134.6M 163.6M --
Goodwill 65.4M 66.9M 63.3M 63.5M 38.0M --
Goodwill And Other Intangible Assets 75.2M 77.5M 73.9M 74.6M 42.3M --
Other Intangible Assets 9.8M 10.6M 10.6M 11.1M 4.2M --
Investments And Advances 11.4M 2.3M 2.8M 2.8M 2.9M --
Long Term Equity Investment -- -- -- 0.00 0.00 21.2M
Other Investments 11.4M 2.3M 2.8M 2.8M 2.9M --
Other Non Current Assets -- -- -- -- 130,000 41,000
Total Non Current Assets 256.3M 248.1M 235.2M 230.1M 225.0M --
Total Assets 1.2B 1.2B 1.2B 1.2B 1.2B --
Current Debt And Capital Lease Obligation 576,000 822,000 977,000 1.0M 980,000 --
Accounts Payable 10.9M 12.1M 9.5M 17.0M 6.5M --
Payables 10.9M 12.2M 9.5M 28.8M 6.6M --
Payables And Accrued Expenses 40.5M 36.8M 32.1M 48.6M 38.4M --
Current Accrued Expenses 29.6M 24.6M 22.5M 19.8M 31.8M --
Other Current Liabilities -- 3,000 13,000 40,000 192,000 21,000
Current Liabilities 41.1M 37.6M 33.0M 49.7M 39.6M --
Long Term Debt And Capital Lease Obligation 1.2M 1.2M 840,000 993,000 872,000 --
Long Term Capital Lease Obligation 1.2M 1.2M 840,000 993,000 872,000 --
Total Non Current Liabilities Net Minority Interest 5.3M 7.4M 6.0M 5.6M 13.3M --
Total Liabilities Net Minority Interest 46.4M 45.0M 39.1M 55.3M 52.8M --
Common Stock 666.1M 666.6M 669.0M 669.9M 616.4M --
Capital Stock 666.1M 666.6M 669.0M 669.9M 616.4M --
Additional Paid In Capital -- -- -- -- 51.5M 49.3M
Retained Earnings 450.0M 424.1M 463.8M 457.7M 414.0M --
Gains Losses Not Affecting Retained Earnings -33.7M -8.4M -66.4M -63.5M -361,000 --
Other Equity Adjustments -33.7M -8.4M -66.4M -63.5M -361,000 --
Common Stock Equity 1.1B 1.1B 1.1B 1.1B 1.1B --
Stockholders Equity 1.1B 1.1B 1.1B 1.1B 1.1B --
Total Equity Gross Minority Interest 1.1B 1.1B 1.1B 1.1B 1.1B --
Minority Interest 49.5M 47.9M 48.4M 46.9M 49.8M --
Total Capitalization 1.1B 1.1B 1.1B 1.1B 1.1B --
Net Tangible Assets 1.0B 1.0B 992.5M 989.5M 1.0B --
Tangible Book Value 1.0B 1.0B 992.5M 989.5M 1.0B --
Working Capital 881.1M 889.5M 885.5M 886.4M 919.6M --
Invested Capital 1.1B 1.1B 1.1B 1.1B 1.1B --
Total Debt 1.7M 2.0M 1.8M 2.0M 1.9M --
Share Issued 382.9M 383.8M 385.4M 382.5M 382.3M --
Ordinary Shares Number 382.9M 383.8M 385.4M 382.5M 382.3M --
Accrued Interest Receivable 6.5M 3.2M 5.0M 8.7M 7.2M --
Allowance For Doubtful Accounts Receivable -- -- -- -7,000 -- --
Assets Held For Sale Current 2.9M 6.0M 8.1M 8.1M 9.0M --
Buildings And Improvements 234.8M 239.4M 191.2M 192.1M 198.0M --
Capital Lease Obligations 1.7M 2.0M 1.8M 2.0M 1.9M --
Construction In Progress 469,000 634,000 37.3M 28.7M 21.4M --
Current Capital Lease Obligation 576,000 822,000 977,000 1.0M 980,000 --
Dueto Related Parties Current -- -- -- 0.00 0.00 358,000
Dueto Related Parties Non Current 698,000 680,000 611,000 1.1M 1.2M --
Finished Goods 13.2M 12.4M 13.5M 13.2M 14.4M --
Gross Accounts Receivable -- -- -- 15.5M -- --
Income Tax Payable 1,000 14,000 12,000 9,000 94,000 --
Investmentin Financial Assets -- -- -- 0.00 -- --
Investmentsin Associatesat Cost -- -- -- 0.00 0.00 21.2M
Land And Improvements 7.1M 6.9M 6.3M 6.4M 6.7M --
Loans Receivable 176,000 0.00 737,000 618,000 233,000 --
Machinery Furniture Equipment 48.4M 48.1M 37.8M 39.4M 73.4M --
Non Current Deferred Assets 100,000 2.7M 2.5M 2.6M -- --
Non Current Deferred Liabilities 3.4M 5.5M 4.6M 3.6M 11.1M --
Non Current Deferred Taxes Assets 100,000 2.7M 2.5M 2.6M -- --
Non Current Deferred Taxes Liabilities 3.4M 5.5M 4.6M 3.6M 11.1M --
Non Current Note Receivables 22.4M 13.8M 15.6M 15.5M 16.1M --
Other Properties 1.5M 1.7M 1.3M 1.4M 1.1M --
Other Receivables 4.4M 9.5M 7.4M 5.0M 5.7M --
Properties 0.00 0.00 0.00 0.00 0.00 --
Raw Materials 6.5M 6.0M 5.3M 5.6M 5.4M --
Total Tax Payable 1,000 14,000 12,000 11.8M 94,000 --
Tradeand Other Payables Non Current 0.00 0.00 0.00 0.00 0.00 --
Work In Process 28.4M 23.7M 15.8M 14.3M 27.5M --
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Operating Cash Flow 13.3M 2.8M -2.1M 7.7M 11.6M --
Cash Flow From Continuing Operating Activities 13.3M 2.8M -2.1M 7.7M 11.6M --
Depreciation And Amortization 3.5M 4.2M 2.8M 2.5M 3.6M --
Depreciation Amortization Depletion 3.5M 4.2M 2.8M 2.5M 3.6M --
Stock Based Compensation 2.3M 1.4M 2.1M 2.2M 2.3M --
Change In Working Capital -5.8M -7.5M -14.5M 6.0M 3.8M --
Changes In Account Receivables -716,000 -6.4M -3.4M 4.5M -2.7M --
Change In Receivables 151,000 -5.3M -2.3M 2.2M -2.2M --
Change In Inventory -6.3M -5.1M -1.6M 255,000 6.9M --
Change In Payables And Accrued Expense 4.1M 1.4M -10.5M 2.8M 367,000 --
Change In Payable -184,000 581,000 -1.6M 1.6M -4.6M --
Other Non Cash Items 1.0M 550,000 1.3M -1.9M -5.5M --
Capital Expenditure -4.6M -3.8M -15.4M -3.7M -6.5M --
Purchase Of PPE -4.5M -3.8M -15.3M -3.5M -6.4M --
Net PPE Purchase And Sale -4.5M -3.8M -15.3M -3.5M -6.4M --
Sale Of Business -- -- -- 0.00 -- --
Purchase Of Investment -5.1M 0.00 -40.0M 0.00 0.00 --
Sale Of Investment 0.00 0.00 0.00 -1.3M -281,000 --
Net Investment Purchase And Sale -5.1M 0.00 -40.0M -1.3M -281,000 --
Investing Cash Flow -23.0M -983,000 -55.4M -5.0M -818,000 --
Cash Flow From Continuing Investing Activities -23.0M -983,000 -55.4M -5.0M -818,000 --
Repurchase Of Capital Stock -1.9M -- -- -- -- --
Net Common Stock Issuance -1.9M -- -- -- -- --
Common Stock Payments -1.9M -- -- -- -- --
Financing Cash Flow -1.9M -7.7M -2.9M -313,000 -13,000 --
Cash Flow From Continuing Financing Activities -1.9M -7.7M -2.9M -313,000 -13,000 --
Effect Of Exchange Rate Changes 1.3M 2.4M -604,000 -5.6M 3.1M --
Changes In Cash -11.6M -5.9M -60.4M 2.4M 10.8M --
Beginning Cash Position 794.4M 797.8M 858.8M 862.0M 848.2M --
End Cash Position 784.2M 794.4M 797.8M 858.8M 862.0M --
Free Cash Flow 8.7M -1.0M -17.5M 4.0M 5.0M --
Income Tax Paid Supplemental Data 9,000 9,000 50,000 26,000 7,000 --
Interest Paid Supplemental Data 0.00 0.00 0.00 0.00 0.00 --
Asset Impairment Charge 36,000 0.00 0.00 0.00 14.4M --
Change In Account Payable -171,000 581,000 -1.6M 1.7M -4.6M --
Change In Accrued Expense 4.3M 865,000 -8.9M 1.2M 4.9M --
Change In Income Tax Payable -13,000 0.00 4,000 -84,000 38,000 --
Change In Prepaid Assets -3.7M 1.4M -60,000 705,000 -1.2M --
Change In Tax Payable -13,000 0.00 4,000 -84,000 38,000 --
Dividends Received Cfi -- -- -- 0.00 0.00 --
Earnings Losses From Equity Investments -- -- -- 0.00 -- --
Gain Loss On Investment Securities -4.2M 632,000 68,000 -311,000 371,000 --
Net Business Purchase And Sale -- -- -- 0.00 -- --
Net Foreign Currency Exchange Gain Loss -19.8M 39.5M -1.6M -45.5M 7.4M --
Net Income From Continuing Operations 28.3M -38.5M 7.7M 43.9M 7.3M --
Net Intangibles Purchase And Sale -105,000 -1,000 -98,000 -165,000 -121,000 --
Net Other Financing Charges -7,000 -4.1M -2.9M -313,000 -13,000 --
Net Other Investing Changes -13.3M -- -- 25,000 6,000 -6.2M
Operating Gains Losses -20.9M 42.7M -1.5M -45.0M -14.2M --
Provisionand Write Offof Assets 4.8M -20,000 9,000 17,000 5,000 --
Purchase Of Intangibles -105,000 -1,000 -98,000 -165,000 -121,000 --
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