Flora Growth (FLGC) Income Statement: Revenue & Earnings

Flora Growth Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Flora Growth Corp. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	59.51	76.07	33.40	8.98	0.11
Cost of Revenue	47.01	58.33	20.15	6.56	0.04
Gross Profit	12.50	17.74	13.25	2.43	0.07
Operating Expenses
Research & Development	0.42	0.06	0.39	0.13	0.08
Selling, General & Administrative	20.60	23.34	25.40	17.02	7.37
Operating Expenses	25.71	28.35	33.79	21.38	12.47
Operating Income	-13.21	-10.61	-20.54	-18.95	-12.40
Other Income/Expense
Interest Income	0.00	0.00	0.03	0.00	0.00
Interest Expense	-0.21	0.09	0.00	-0.03	-0.03
Other Income/Expense	0.26	-37.59	-27.64	-3.81	-0.07
Income
Income Before Tax	-16.08	-48.30	-48.11	-21.46	-14.33
Income Tax Expense	-0.18	-1.63	-1.41	-0.10	0.00
Net Income	-15.91	-57.04	-52.42	-21.25	-14.17
Net Income - Continuous Operations	-15.91	-46.67	-46.70	-21.36	0.00
Net Income - Discontinued Operations	0.00	-9.68	-5.93	0.00	0.00
EBITDA	-12.44	-45.72	-17.91	-18.45	-12.32
EBIT	-13.21	-48.21	-20.54	-18.95	-12.40
Depreciation & Amortization	0.77	2.34	2.63	0.50	0.07
Earnings Per Share
Basic EPS	-51.00	-302.00	-533.00	-377.00	-370.00
Diluted EPS	-51.00	-302.00	-534.00	-377.00	-370.00
Basic Shares Outstanding	0.31	0.19	0.10	0.06	0.04
Diluted Shares Outstanding	0.31	0.19	0.10	0.06	0.04