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Discontinued — last reported Q1 '23

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Segments

By segment

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Reportable Segment$30.27M+169%

Other financials

Income statement

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Revenue$53.0M+58.4%
Gross profit$28.5M+96.2%
Operating income$7.4M+239%
Net income$32.1M+181%
EPS (diluted)$0.09+190%

Balance sheet

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Cash & equivalents$467.0M-41.2%
Total debt$1.3M-35.6%
Total equity$1.1B-1.3%
Total assets$1.2B+0.4%

Cash flow

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Operating cash flow$24.0M+752%
CapEx$1.7M-54.7%
Free cash flow$22.3M+2,286%

Valuation

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Market cap$1.14B+11.7%
Enterprise value$676.36M+194%
P/E16.3×-39.0×
P/S6.4×-1.5×

Profitability

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Gross margin45.9%+13.1pp
Operating margin-1.4%-0.7pp
Net margin39.1%+24.9pp
FCF margin27.8%+23.2pp

Returns & leverage

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Return on equity6.5%+4.8pp
Debt / equity0.0×
Current ratio16.2×-8.5×

Where this comes from

Reported directly by Cronos Group in its filing.

Tagged under the XBRL concept cron:EarningsBeforeInterestTaxesDepreciationAndAmortization.

The source filing: Cronos Group’s 10-Q, filed May 9, 2023.

Filed
May 9, 2023
Fiscal quarter
Q1 FY2023
Calendar quarter
Q1 2023
Accession
0001656472-23-000067
Line itemThree months ended March 31, 2023 / United StatesThree months ended March 31, 2023 / Rest of WorldThree months ended March 31, 2023 / CorporateTotal
Interest income, net(3,399)(7,781)(11,180)
Income tax benefit(1,436)(1,436)
Depreciation and amortization2002,2052,405
EBITDA(2,862)(22,451)(4,155)(29,468)
Share of loss from equity method investments496496
Loss on revaluation of derivative liabilities(ii)6565
Loss on revaluation of financial instruments(iii)7,7587,758
Foreign currency transaction loss1,6431,643

Item 1. Financial Statements.

FAQ

What is Cronos Group's EBITDA?
Cronos Group (CRON) reported EBITDA of -$29.47M in Q1 2023.
What does EBITDA mean?
EBITDA as reported by Cronos Group Inc. Common Share.

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