IMCC
Income statement / Annual
Last year (2023), IM Cannabis Corp.'s total revenue was $48.80 M,
a decrease of 10.18% from the previous year.
In 2023, IM Cannabis Corp.'s net income was -$9.50 M.
See IM Cannabis Corp.�s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
04/30/2018 |
04/30/2017 |
04/30/2016 |
04/30/2015 |
| Operating Revenue |
$48.80 M
|
$54.34 M
|
$54.30 M
|
$15.89 M
|
$9.07 M
|
$5.20 M
|
$4.39 M
|
$0.00
|
$0.00
|
$0.00
|
| Cost of Revenue |
$38.96 M |
$45.17 M |
$44.00 M |
$5.42 M |
$5.15 M |
$999,000.00 |
$1.59 M |
$0.00 |
$514.00 |
$5,611.00 |
| Gross Profit |
$9.85 M |
$9.16 M |
$10.30 M |
$10.47 M |
$3.93 M |
$4.20 M |
$2.80 M |
$0.00 |
-$514.00 |
-$5,611.00 |
| Gross Profit Ratio |
0.2 |
0.17 |
0.19 |
0.66 |
0.43 |
0.81 |
0.64 |
0 |
0 |
0 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$136,000.00
|
$233,000.00
|
$83,000.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$16.28 M
|
$24.10 M
|
$39.69 M
|
$14.80 M
|
$9.10 M
|
$2.52 M
|
$124,905.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing
Expenses |
$2.76 M
|
$11.47 M
|
$9.00 M
|
$3.78 M
|
$1.24 M
|
$510,000.00
|
$216,000.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$19.03 M
|
$35.57 M
|
$48.69 M
|
$18.58 M
|
$10.34 M
|
$3.03 M
|
$124,905.00
|
$15,250.00
|
$43,956.00
|
$221,173.00
|
| Other Expenses |
$3.61 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$514.00 |
$0.00 |
| Operating Expenses |
$22.64 M |
$35.57 M |
$48.69 M |
$18.71 M |
$10.57 M |
$2.74 M |
$124,905.00 |
$15,250.00 |
$44,470.00 |
$221,173.00 |
| Cost And Expenses |
$61.60 M |
$80.74 M |
$92.69 M |
$24.14 M |
$15.72 M |
$3.74 M |
$124,905.00 |
$15,250.00 |
$44,470.00 |
$226,784.00 |
| Interest Income |
$7.01 M |
$6.70 M |
$22.02 M |
$277,000.00 |
$3.65 M |
$84,000.00 |
$26,000.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$3.67 M |
$1.97 M |
$1.65 M |
$20.50 M |
$707,000.00 |
$0.00 |
$0.00 |
$500.00 |
$500.00 |
$441.00 |
| Depreciation &
Amortization |
$3.00 M
|
$7.33 M
|
$5.73 M
|
$930,000.00
|
$601,000.00
|
$180,000.00
|
$81,000.00
|
$22,816.00
|
$514.00
|
$5,611.00
|
| EBITDA |
-$9.77 M
|
-$16.76 M
|
$6.24 M
|
-$7.52 M
|
-$6.02 M
|
$3.26 M
|
-$124,905.00
|
-$15,250.00
|
-$44,596.00
|
-$74,001.00
|
| EBITDA Ratio |
-0.2 |
-0.23 |
-0.2 |
-0.44 |
-0.26 |
0.63 |
-0.03 |
0 |
0 |
0 |
| Operating Income Ratio
|
-0.26
|
-0.49
|
-0.71
|
-0.52
|
-0.73
|
0.59
|
-0.03
|
0
|
0
|
0
|
| Total Other
Income/Expenses Net |
$3.34 M
|
$347,000.00
|
$22.87 M
|
-$20.23 M
|
-$686,000.00
|
$285,000.00
|
-$65.00
|
-$500.00
|
-$1,143.00
|
$146,735.00
|
| Income Before Tax |
-$9.46 M |
-$26.06 M |
-$18.01 M |
-$28.47 M |
-$7.33 M |
$3.37 M |
-$124,970.00 |
-$15,750.00 |
-$45,613.00 |
-$80,049.00 |
| Income Before Tax Ratio
|
-0.19
|
-0.48
|
-0.33
|
-1.79
|
-0.81
|
0.65
|
-0.03
|
0
|
0
|
0
|
| Income Tax Expense |
$771,000.00 |
-$1.14 M |
$505,000.00 |
$262,000.00 |
$90,000.00 |
$741,000.00 |
$65.00 |
-$22,816.00 |
$643.00 |
-$42,363.00 |
| Net Income |
-$9.50 M |
-$24.92 M |
-$18.52 M |
-$28.73 M |
-$7.42 M |
$1.68 M |
-$124,970.00 |
-$15,750.00 |
-$45,613.00 |
-$37,687.00 |
| Net Income Ratio |
-0.19 |
-0.46 |
-0.34 |
-1.81 |
-0.82 |
0.32 |
-0.03 |
0 |
0 |
0 |
| EPS |
-4.45 |
-3.47 |
-31.95 |
-7.45 |
-2.32 |
0.6 |
-2.32 |
-0.3 |
-0.88 |
-0.15 |
| EPS Diluted |
-4.45 |
-3.47 |
-31.95 |
-7.45 |
-2.32 |
0.6 |
-2.32 |
-0.3 |
-0.88 |
-0.15 |
| Weighted Average Shares
Out |
$2.14 M
|
$7.18 M
|
$579,600.00
|
$3.86 M
|
$3.20 M
|
$2.82 M
|
$53,979.00
|
$51,650.00
|
$51,652.00
|
$258,263.00
|
| Weighted Average Shares
Out Diluted |
$2.14 M
|
$7.18 M
|
$579,600.00
|
$3.86 M
|
$3.20 M
|
$2.82 M
|
$53,979.00
|
$51,650.00
|
$51,652.00
|
$258,263.00
|
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