FLGC
Income statement / Annual
Last year (2023), Flora Growth Corp.'s total revenue was $76.07 M,
an increase of 104.65% from the previous year.
In 2023, Flora Growth Corp.'s net income was -$57.04 M.
See Flora Growth Corp.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$76.07 M
|
$37.17 M
|
$8.98 M
|
$106,000.00
|
$0.00
|
| Cost of Revenue |
$58.33 M |
$22.76 M |
$6.56 M |
$35,000.00 |
$25,865.00 |
| Gross Profit |
$17.74 M |
$14.41 M |
$2.43 M |
$71,000.00 |
-$25,865.00 |
| Gross Profit Ratio |
0.23 |
0.39 |
0.27 |
0.67 |
0 |
| Research and Development
Expenses |
$62,000.00
|
$430,000.00
|
$132,000.00
|
$78,000.00
|
$21,040.00
|
| General & Administrative
Expenses |
$18.63 M
|
$24.86 M
|
$17.44 M
|
$11.85 M
|
$2.83 M
|
| Selling & Marketing
Expenses |
$4.71 M
|
$8.42 M
|
$3.59 M
|
$0.00
|
-$59,198.00
|
| Selling, General &
Administrative Expenses |
$23.34 M
|
$33.28 M
|
$17.44 M
|
$11.85 M
|
$2.77 M
|
| Other Expenses |
$44.70 M |
$6.17 M |
$3.80 M |
$541,000.00 |
$0.00 |
| Operating Expenses |
$10.58 M |
$39.88 M |
$21.38 M |
$12.47 M |
$2.79 M |
| Cost And Expenses |
$126.43 M |
$62.64 M |
$21.38 M |
$12.50 M |
$2.82 M |
| Interest Income |
$0.00 |
$56,000.00 |
$32,000.00 |
$30,000.00 |
$22,800.00 |
| Interest Expense |
$92,000.00 |
$56,000.00 |
$84,000.00 |
$30,000.00 |
$19,485.00 |
| Depreciation &
Amortization |
$2.34 M
|
$2.14 M
|
$765,000.00
|
$113,000.00
|
$25,865.00
|
| EBITDA |
-$45.87 M
|
-$17.91 M
|
-$20.61 M
|
-$14.19 M
|
-$2.80 M
|
| EBITDA Ratio |
-0.6 |
0.16 |
-2.11 |
-115.31 |
0 |
| Operating Income Ratio
|
-0.66
|
0.09
|
-2.11
|
-116.38
|
0
|
| Total Other
Income/Expenses Net |
$2.06 M
|
-$887,000.00
|
-$2.46 M
|
-$50,000.00
|
-$25,604.00
|
| Income Before Tax |
-$48.30 M |
-$54.17 M |
-$21.46 M |
-$14.33 M |
-$2.84 M |
| Income Before Tax Ratio
|
-0.63
|
-1.46
|
-2.39
|
-135.23
|
0
|
| Income Tax Expense |
-$1.63 M |
-$1.54 M |
-$98,000.00 |
-$75,000.00 |
$5.00 |
| Net Income |
-$57.04 M |
-$52.63 M |
-$21.36 M |
-$14.26 M |
-$2.84 M |
| Net Income Ratio |
-0.75 |
-1.42 |
-2.38 |
-134.52 |
0 |
| EPS |
-7.33 |
-13.73 |
-6.52 |
-3.25 |
-0.65 |
| EPS Diluted |
-7.33 |
-13.73 |
-6.52 |
-3.25 |
-0.65 |
| Weighted Average Shares
Out |
$7.36 M
|
$3.83 M
|
$3.28 M
|
$4.39 M
|
$4.39 M
|
| Weighted Average Shares
Out Diluted |
$7.36 M
|
$3.83 M
|
$3.28 M
|
$4.39 M
|
$4.39 M
|
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