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Canopy Growth Corporation

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2025Mar 31, 2025 FY 2024Mar 31, 2024 FY 2023Mar 31, 2023 FY 2022Mar 31, 2022 FY 2021Mar 31, 2021
Total Revenue 269.0M 297.1M 333.3M 475.7M --
Operating Revenue 314.0M 343.9M 381.2M 537.6M --
Cost Of Revenue 189.5M 216.3M 396.8M 663.1M --
Gross Profit 79.5M 80.9M -63.5M -187.4M --
Selling General And Administration 121.7M 180.6M 298.0M 361.1M --
General And Administrative Expense 60.9M 104.4M 160.6M 172.7M --
Research And Development -- 4.6M 21.7M 32.3M 57.6M
Depreciation And Amortization In Income Statement 24.2M 28.3M 34.3M 57.7M --
Operating Expense 145.9M 208.8M 332.3M 451.1M --
Operating Income -66.4M -128.0M -395.8M -638.5M --
EBIT -522.4M -366.0M -3.0B -163.9M --
Interest Expense 74.6M 105.4M 126.2M 103.9M --
Interest Expense Non Operating 74.6M 105.4M 126.2M 103.9M --
Interest Income 8.8M 16.2M 24.3M 6.6M --
Interest Income Non Operating 8.8M 16.2M 24.3M 6.6M --
Net Interest Income -65.8M -89.1M -101.9M -97.3M --
Other Income Expense -464.9M -254.3M -2.6B 468.0M --
Other Non Operating Income Expenses -2.2M -29.6M 2.1M 608.3M --
Special Income Charges -63.9M -100.6M -2.2B -375.9M --
Restructuring And Mergern Acquisition 55.0M 22.5M -3.3M 6.6M --
Write Off 31.2M 66.0M 2.2B 369.3M --
Gain On Sale Of Security -398.7M -124.1M -395.4M 235.7M --
Earnings From Equity Interest -- 0.00 0.00 -100,000 -52.6M
Pretax Income -597.0M -471.4M -3.1B -267.9M --
Tax Provision 7.1M 12.3M -5.7M -8.9M --
Tax Effect Of Unusual Items -69.4M -33.7M -4.8M -4.7M --
Net Income From Continuing And Discontinued Operation -598.1M -657.3M -3.3B -310.0M --
Net Income From Continuing Operation Net Minority Interest -604.1M -465.2M -3.0B -238.4M --
Net Income Including Noncontrolling Interests -598.1M -675.8M -3.3B -330.6M --
Minority Interests 0.00 18.5M 31.4M 20.5M --
Net Income Common Stockholders -598.1M -657.3M -3.3B -310.0M --
Net Income -598.1M -657.3M -3.3B -310.0M --
EBITDA -479.3M -312.8M -2.9B -53.0M --
Normalized EBITDA -16.6M -88.2M -289.3M 87.3M --
Reconciled Depreciation 43.1M 53.2M 80.0M 110.9M --
Basic EPS -5.56 -8.79 -70.70 -7.70 --
Diluted EPS -5.56 -8.79 -70.70 -7.70 --
Basic Average Shares 107.6M 74.8M 46.4M 39.1M --
Diluted Average Shares 107.6M 74.8M 46.4M 39.1M --
Total Unusual Items -462.7M -224.7M -2.6B -140.2M --
Total Unusual Items Excluding Goodwill -462.7M -224.7M -2.6B -140.2M --
Tax Rate For Calcs 0.15 0.15 0.00 0.03 --
Normalized Income -210.9M -274.2M -463.2M -102.8M --
Depreciation Amortization Depletion Income Statement 24.2M 28.3M 34.3M 57.7M --
Diluted NI Availto Com Stockholders -598.1M -657.3M -3.3B -310.0M --
Excise Taxes 45.0M 46.8M 48.0M 61.9M --
Gain On Sale Of Business -- -- 2.4M -6.8M 634,000
Impairment Of Capital Assets -- -- 2.3B 369.3M 534.4M
Net Income Continuous Operations -604.1M -483.7M -3.1B -258.9M --
Net Income Discontinuous Operations 6.0M -192.1M -229.1M -71.7M --
Net Non Operating Interest Income Expense -65.8M -89.1M -101.9M -97.3M --
Other Gand A 65.1M 90.3M 135.3M 126.0M --
Other Special Charges -22.3M 12.1M -582,000 -- --
Reconciled Cost Of Revenue 170.6M 191.3M 351.0M 609.9M --
Salaries And Wages -4.2M 14.2M 25.3M 46.7M --
Selling And Marketing Expense 60.9M 76.1M 137.3M 188.4M --
Total Expenses 335.4M 425.1M 729.0M 1.1B --
Total Operating Income As Reported -117.1M -228.7M -2.6B -1.0B --
Line Item FY 2025Mar 31, 2025 FY 2024Mar 31, 2024 FY 2023Mar 31, 2023 FY 2022Mar 31, 2022 FY 2021Mar 31, 2021
Cash And Cash Equivalents 113.8M 170.3M 667.7M 776.0M --
Cash Cash Equivalents And Short Term Investments 131.5M 203.5M 773.2M 1.4B --
Cash Equivalents 130,000 54.9M 214.5M 305.3M --
Cash Financial 113.7M 115.4M 453.1M 470.7M --
Other Short Term Investments 17.7M 33.2M 105.5M 595.7M --
Accounts Receivable 47.5M 44.9M 41.3M 68.2M --
Receivables 52.8M 51.8M 68.5M 86.6M --
Inventory 96.4M 77.3M 83.2M 204.5M --
Prepaid Assets 5.5M 9.0M 14.2M 33.6M --
Other Current Assets 2.0M 14.2M 10.1M 19.1M --
Current Assets 294.6M 371.2M 1.1B 1.7B --
Gross PPE 405.5M 418.3M 581.6M 1.2B --
Accumulated Depreciation -112.0M -98.2M -110.3M -232.9M --
Net PPE 293.5M 320.1M 471.3M 942.8M --
Goodwill 46.0M 43.2M 85.6M 1.9B --
Goodwill And Other Intangible Assets 133.2M 147.3M 246.3M 2.1B --
Other Intangible Assets 87.2M 104.1M 160.8M 252.7M --
Investments And Advances 35.3M 136.2M 568.3M 341.7M --
Long Term Equity Investment 33.1M -- -- -- 100,000
Other Investments 2.1M -- -- -- --
Other Non Current Assets 16.4M 24.1M 76.6M 15.3M --
Total Non Current Assets 623.1M 929.1M 1.4B 3.9B --
Total Assets 917.7M 1.3B 2.4B 5.6B --
Current Debt 4.3M 103.9M 556.9M 9.3M --
Current Debt And Capital Lease Obligation 20.8M 119.1M 585.3M 47.3M --
Accounts Payable 26.1M 28.7M 31.8M 64.3M --
Payables 39.2M 39.2M 37.6M 71.4M --
Payables And Accrued Expenses 41.9M 45.0M 43.5M 89.2M --
Current Accrued Expenses 2.7M 5.8M 6.0M 17.7M --
Other Current Liabilities 15.3M 44.9M 141.2M 48.1M --
Current Liabilities 94.4M 234.7M 803.8M 213.2M --
Long Term Debt 299.8M 493.3M 750.0M 1.5B --
Long Term Debt And Capital Lease Obligation 327.6M 548.9M 828.4M 1.6B --
Long Term Capital Lease Obligation 27.8M 55.6M 78.4M 101.1M --
Other Non Current Liabilities 8.5M 16.2M 44.1M 135.9M --
Total Non Current Liabilities Net Minority Interest 336.1M 565.1M 875.8M 1.8B --
Total Liabilities Net Minority Interest 430.5M 799.8M 1.7B 2.0B --
Common Stock 8.8B 8.2B 7.9B 7.5B --
Capital Stock 8.8B 8.2B 7.9B 7.5B --
Additional Paid In Capital 2.6B 2.6B 2.5B 2.5B --
Retained Earnings -10.9B -10.3B -9.7B -6.4B --
Gains Losses Not Affecting Retained Earnings 535,000 -16.1M -13.9M -42.3M --
Other Equity Adjustments 535,000 -16.1M -13.9M -42.3M --
Common Stock Equity 487.2M 500.4M 758.4M 3.6B --
Stockholders Equity 487.2M 500.4M 758.4M 3.6B --
Total Equity Gross Minority Interest 487.2M 500.5M 760.0M 3.6B --
Minority Interest 0.00 139,000 1.6M 36.8M --
Total Capitalization 787.0M 993.7M 1.5B 5.1B --
Net Tangible Assets 354.0M 353.1M 512.1M 1.5B --
Tangible Book Value 354.0M 353.1M 512.1M 1.5B --
Working Capital 200.2M 136.5M 273.4M 1.5B --
Invested Capital 791.3M 1.1B 2.1B 5.1B --
Total Debt 348.4M 668.0M 1.4B 1.6B --
Net Debt 190.3M 426.9M 639.2M 725.0M --
Share Issued 183.9M 91.1M 51.7M 39.4M --
Ordinary Shares Number 183.9M 91.1M 51.7M 39.4M --
Accrued Interest Receivable 219,000 876,000 4.0M 4.4M --
Allowance For Doubtful Accounts Receivable -1.2M -9.9M -8.6M -- --
Assets Held For Sale Current 0.00 8.0M 116.3M -- --
Available For Sale Securities -- 4.4M 568.3M 10.4M 14.9M
Buildings And Improvements 314.5M 323.3M 449.0M 856.2M --
Capital Lease Obligations 44.3M 70.8M 106.8M 139.2M --
Construction In Progress 643,000 1.0M 3.2M 19.8M --
Current Capital Lease Obligation 16.5M 15.2M 28.4M 38.0M --
Current Provisions 2.7M 4.2M 6.4M 3.7M --
Derivative Product Liabilities -- -- 0.00 26.9M 615.6M
Financial Assets 0.00 291.8M 432.6M 446.6M --
Finished Goods 33.2M 27.1M 30.2M 112.5M --
Gross Accounts Receivable 48.7M 54.8M 49.8M 68.2M --
Held To Maturity Securities 0.00 11.8M 29.3M 102.3M --
Investmentin Financial Assets 0.00 136.2M 568.3M 341.7M --
Land And Improvements 5.0M 5.3M 16.8M 18.9M --
Leases 3.2M 7.8M 13.7M 69.3M --
Liabilities Heldfor Sale Non Current -- 0.00 3.4M -- --
Machinery Furniture Equipment 18.0M 18.8M 22.2M 52.2M --
Non Current Accounts Receivable -- 1.3M 3.1M -- --
Non Current Deferred Liabilities -- -- 357,000 16.0M 21.4M
Non Current Deferred Taxes Liabilities -- -- 357,000 16.0M 21.4M
Non Current Note Receivables 144.7M 8.4M 8.5M 12.0M --
Other Current Borrowings 4.3M 103.9M 556.9M 9.3M --
Other Properties 64.1M 62.0M 76.8M 159.4M --
Other Receivables 2.8M 3.5M 11.7M 6.5M --
Pensionand Other Post Retirement Benefit Plans Current 13.7M 21.5M 27.3M 24.9M --
Preferred Securities Outside Stock Equity -- -- -- -- 135.3M
Properties 0.00 0.00 0.00 0.00 --
Raw Materials 16.3M 18.9M 18.9M 26.8M --
Restricted Cash 6.4M 7.3M 11.8M 12.2M --
Taxes Receivable 2.2M 2.5M 11.5M 7.5M --
Total Tax Payable 13.1M 10.5M 5.7M 7.1M --
Trading Securities 0.00 120.0M 93.0M 229.0M --
Work In Process 46.9M 31.4M 34.1M 65.2M --
Line Item FY 2025Mar 31, 2025 FY 2024Mar 31, 2024 FY 2023Mar 31, 2023 FY 2022Mar 31, 2022 FY 2021Mar 31, 2021
Operating Cash Flow -165.8M -281.9M -557.5M -545.8M --
Cash Flow From Continuing Operating Activities -165.8M -228.4M -394.4M -446.3M --
Depreciation And Amortization 43.1M 53.2M 80.0M 110.9M --
Depreciation Amortization Depletion 43.1M 53.2M 80.0M 110.9M --
Stock Based Compensation -4.2M 14.2M 25.3M 46.7M --
Deferred Tax 7.1M 12.3M -5.7M -8.9M --
Deferred Income Tax 7.1M 12.3M -5.7M -8.9M --
Change In Working Capital -32.0M 4.0M 59.0M 205.0M --
Change In Receivables -4.5M -3.7M 6.2M 16.2M --
Change In Inventory -17.7M 1.0M 68.4M 204.2M --
Change In Payables And Accrued Expense -15.5M 9.1M -28.2M -43.0M --
Other Non Cash Items 404.0M 117.8M 356.8M -874.1M --
Capital Expenditure -11.3M -4.0M -10.5M -48.1M --
Purchase Of PPE -10.8M -3.4M -9.1M -36.7M --
Net PPE Purchase And Sale -5.9M 150.6M 4.5M -9.4M --
Purchase Of Business -7.0M -955,000 -24.2M -14.9M --
Sale Of Business -- -- 14.9M 118.1M 0.00
Purchase Of Investment -95.3M -347,000 -67.2M -379.4M --
Sale Of Investment 16.4M 78.5M 502.6M 546.0M --
Net Investment Purchase And Sale -78.9M 78.2M 435.4M 166.6M --
Investing Cash Flow -47.8M 241.6M 433.4M 230.8M --
Cash Flow From Continuing Investing Activities -61.9M 219.6M 457.4M 230.8M --
Issuance Of Debt 68.3M 0.00 135.2M 0.00 --
Repayment Of Debt -289.0M -509.8M -118.2M -50.8M --
Net Issuance Payments Of Debt -220.8M -509.8M 17.0M -50.8M --
Issuance Of Capital Stock 385.4M 81.1M 1.0M 2.7M --
Net Common Stock Issuance 385.4M 81.1M 1.0M 2.7M --
Financing Cash Flow 148.7M -465.1M -19.7M -45.5M --
Cash Flow From Continuing Financing Activities 148.7M -465.1M -19.7M -45.5M --
Effect Of Exchange Rate Changes 8.4M -1.3M 44.9M -18.1M --
Changes In Cash -64.9M -505.4M -143.9M -360.5M --
Beginning Cash Position 170.3M 677.0M 776.0M 1.2B --
End Cash Position 113.8M 170.3M 677.0M 776.0M --
Free Cash Flow -177.0M -285.9M -568.0M -593.9M --
Income Tax Paid Supplemental Data 783,000 2.1M 1.2M 2.6M --
Interest Paid Supplemental Data 64.9M 98.1M 131.8M 119.2M --
Amortization Cash Flow 21.6M 24.8M 24.5M 34.8M --
Amortization Of Intangibles 21.6M 24.8M 24.5M 34.8M --
Asset Impairment Charge 20.3M 53.8M 2.2B 332.9M --
Cash From Discontinued Investing Activities 14.1M 22.0M -24.1M -19,000 --
Cash From Discontinued Operating Activities 0.00 -53.5M -163.1M -99.5M --
Change In Prepaid Assets 5.7M -2.4M 12.5M 27.6M --
Common Stock Issuance 385.4M 81.1M 1.0M 2.7M --
Depreciation 21.5M 28.4M 55.6M 76.1M --
Earnings Losses From Equity Investments -- 0.00 0.00 100,000 52.6M
Gain Loss On Investment Securities 413.4M 160.5M 353.8M -866.7M --
Interest Paid Cfo -- -- -- -- -25.6M
Long Term Debt Issuance 68.3M 0.00 135.2M 0.00 --
Long Term Debt Payments -289.0M -509.8M -118.2M -50.8M --
Net Business Purchase And Sale -7.0M -955,000 14.9M 103.2M --
Net Foreign Currency Exchange Gain Loss -- -- -- -- 8.1M
Net Income From Continuing Operations -604.1M -483.7M -3.1B -258.9M --
Net Intangibles Purchase And Sale -467,000 -547,000 -1.3M -11.4M --
Net Long Term Debt Issuance -220.8M -509.8M 17.0M -50.8M --
Net Other Financing Charges -24.5M -36.3M -38.0M -3.0M --
Net Other Investing Changes 30.3M -7.7M 3.9M -18.1M --
Operating Gains Losses 413.4M 160.5M 353.8M 100,000 --
Proceeds From Stock Option Exercised 8.6M 0.00 281,000 5.6M --
Provisionand Write Offof Assets -- -- 0.00 0.00 109.5M
Purchase Of Intangibles -467,000 -547,000 -1.3M -11.4M --
Sale Of Intangibles -- -- 0.00 0.00 18.3M
Sale Of PPE 4.9M 154.1M 13.6M 27.3M --
Unrealized Gain Loss On Investment Securities -- 160.5M 353.8M -866.7M 380.8M
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