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Cronos Group (CRON) Financials

Cronos Group logo
$2.09 +0.02 (+0.97%)
As of 05/20/2025 04:00 PM Eastern
Annual Income Statements for Cronos Group

Annual Income Statements for Cronos Group

This table shows Cronos Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Net Income / (Loss) Attributable to Common Shareholders
41 -74 -169
Consolidated Net Income / (Loss)
40 -75 -169
Net Income / (Loss) Continuing Operations
40 -70 -155
Total Pre-Tax Income
37 -74 -121
Total Operating Income
-77 -85 -111
Total Gross Profit
25 12 15
Total Revenue
118 87 87
Operating Revenue
162 120 109
Other Revenue
-44 -33 -23
Total Cost of Revenue
92 75 71
Operating Cost of Revenue
92 75 71
Total Operating Expenses
102 97 127
Selling, General & Admin Expense
47 49 68
Marketing Expense
22 23 18
Research & Development Expense
4.23 5.84 13
Depreciation Expense
3.70 5.04 5.97
Other Operating Expenses / (Income)
8.70 8.76 15
Impairment Charge
16 3.37 3.49
Restructuring Charge
0.63 1.52 3.55
Total Other Income / (Expense), net
113 11 -9.58
Interest & Investment Income
87 53 26
Other Income / (Expense), net
26 -42 -35
Income Tax Expense
-3.44 -3.23 34
Net Income / (Loss) Discontinued Operations
0.00 -4.11 -14
Net Income / (Loss) Attributable to Noncontrolling Interest
-1.06 -0.59 0.00
Basic Earnings per Share
$0.11 ($0.19) ($0.45)
Weighted Average Basic Shares Outstanding
382.53M 381.30M 380.58M
Diluted Earnings per Share
$0.11 ($0.19) ($0.45)
Weighted Average Diluted Shares Outstanding
382.53M 381.30M 380.58M
Weighted Average Basic & Diluted Shares Outstanding
382.53M 381.30M 380.58M

Quarterly Income Statements for Cronos Group

This table shows Cronos Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
6.12 44 8.35 -8.76 -2.24 -45 -1.64 -8.36 -19 -79 -37
Consolidated Net Income / (Loss)
7.72 44 7.32 -8.76 -2.48 -45 -1.77 -8.50 -19 -79 -37
Net Income / (Loss) Continuing Operations
7.72 44 7.32 -8.76 -2.48 -45 -1.59 -5.66 -18 -72 -33
Total Pre-Tax Income
7.27 46 4.62 -11 -3.04 -46 -2.84 -5.84 -19 -40 -31
Total Operating Income
-4.07 -11 -34 -16 -16 -22 -22 -21 -21 -23 -27
Total Gross Profit
14 11 3.61 6.30 4.48 1.91 3.97 3.10 2.93 1.04 3.14
Total Revenue
32 18 47 28 25 24 25 19 19 20 20
Operating Revenue
42 41 47 39 35 34 34 26 27 27 26
Other Revenue
-9.64 - - -11 -10 -10 -9.10 -6.78 -7.06 -7.03 -5.66
Total Cost of Revenue
19 7.16 43 21 21 22 21 16 17 19 17
Operating Cost of Revenue
19 7.16 43 21 21 22 21 16 17 19 17
Total Operating Expenses
18 22 37 22 20 24 26 24 24 24 30
Selling, General & Admin Expense
9.31 12 13 13 8.91 9.80 14 13 12 13 16
Marketing Expense
4.57 6.41 5.53 4.33 5.33 6.37 5.30 5.30 5.74 3.60 5.25
Research & Development Expense
0.79 1.03 1.24 0.96 1.00 1.45 1.25 1.11 2.04 2.36 2.54
Depreciation Expense
0.50 0.46 1.10 1.02 1.12 0.53 1.46 1.53 1.53 1.57 1.70
Other Operating Expenses / (Income)
2.09 2.19 2.26 2.24 2.02 1.93 1.96 2.33 2.54 4.49 4.25
Impairment Charge
0.00 - 14 0.00 1.97 3.37 0.00 0.00 0.00 - 0.00
Restructuring Charge
0.56 - 0.00 0.55 0.08 0.10 1.42 0.00 0.00 -0.90 0.39
Total Other Income / (Expense), net
11 57 38 4.63 13 -24 19 15 1.30 -17 -3.65
Interest & Investment Income
9.67 12 45 14 16 15 14 13 11 8.52 6.09
Other Income / (Expense), net
1.68 45 -6.66 -9.74 -2.79 -39 4.50 2.04 -9.38 -26 -9.74
Income Tax Expense
-0.46 2.00 -2.71 -2.17 -0.56 -0.36 -1.25 -0.18 -1.44 32 2.12
Net Income / (Loss) Attributable to Noncontrolling Interest
1.60 0.21 -1.03 -0.00 -0.24 -0.24 -0.13 -0.14 -0.09 0.03 0.11
Basic Earnings per Share
$0.02 $0.12 $0.02 ($0.02) ($0.01) ($0.12) $0.00 ($0.02) ($0.05) - ($0.10)
Weighted Average Basic Shares Outstanding
385.42M 382.53M 382.29M 382.28M 382.01M 381.30M 381.11M 381.09M 380.82M 380.58M 378.47M
Diluted Earnings per Share
$0.02 $0.12 $0.02 ($0.02) ($0.01) ($0.12) $0.00 ($0.02) ($0.05) - ($0.10)
Weighted Average Diluted Shares Outstanding
385.42M 382.53M 382.29M 382.28M 382.01M 381.30M 381.11M 381.09M 380.82M 380.58M 378.47M
Weighted Average Basic & Diluted Shares Outstanding
385.42M 382.53M 382.29M 382.28M 382.01M 381.30M 381.11M 381.09M 380.82M 380.58M 378.47M

Annual Cash Flow Statements for Cronos Group

This table details how cash moves in and out of Cronos Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Net Change in Cash & Equivalents
190 -95 -122
Net Cash From Operating Activities
19 -43 -89
Net Cash From Continuing Operating Activities
19 -43 -89
Net Income / (Loss) Continuing Operations
40 -75 -169
Consolidated Net Income / (Loss)
40 -75 -169
Depreciation Expense
9.34 8.11 13
Non-Cash Adjustments To Reconcile Net Income
-30 50 51
Changes in Operating Assets and Liabilities, net
-0.31 -26 16
Net Cash From Investing Activities
175 -59 -1.84
Net Cash From Continuing Investing Activities
175 -59 -1.84
Purchase of Property, Plant & Equipment
-12 -2.51 -3.45
Acquisitions
-0.74 -0.92 -1.58
Purchase of Investments
0.00 -608 -271
Divestitures
5.99 0.00 0.00
Sale and/or Maturity of Investments
186 534 269
Other Investing Activities, net
-3.51 18 5.70
Net Cash From Financing Activities
-1.23 -1.03 -2.90
Net Cash From Continuing Financing Activities
-1.23 -1.03 -2.90
Repayment of Debt
0.00 0.00 -0.07
Other Financing Activities, net
-1.23 -1.03 -2.83
Effect of Exchange Rate Changes
-3.25 8.01 -29
Cash Interest Paid
0.00 0.00 0.00
Cash Interest Received
48 37 16
Cash Income Taxes Paid
0.65 33 0.18

Quarterly Cash Flow Statements for Cronos Group

This table details how cash moves in and out of Cronos Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
-61 -3.23 14 -6.93 186 98 162 -4.24 -351 131 -156
Net Cash From Operating Activities
-2.10 7.72 12 1.74 -2.20 17 -0.18 -12 -48 -24 -13
Net Cash From Continuing Operating Activities
-2.10 7.72 12 1.74 -2.20 17 -0.18 -12 -48 -24 -13
Net Income / (Loss) Continuing Operations
7.72 44 7.32 -8.76 -2.48 -45 -1.77 -8.50 -19 -79 -37
Consolidated Net Income / (Loss)
7.72 44 7.32 -8.76 -2.48 -45 -1.77 -8.50 -19 -79 -37
Depreciation Expense
2.84 2.53 3.57 1.51 1.73 1.18 2.15 2.38 2.41 2.62 3.45
Non-Cash Adjustments To Reconcile Net Income
1.88 -45 -3.13 12 5.25 43 -4.26 2.10 9.06 29 20
Changes in Operating Assets and Liabilities, net
-15 5.98 3.82 -3.41 -6.70 17 3.70 -7.76 -40 23 -0.05
Net Cash From Investing Activities
-55 -5.03 -0.82 -8.56 190 82 158 4.85 -304 158 -120
Net Cash From Continuing Investing Activities
-55 -5.03 -0.82 -8.56 190 82 158 4.85 -304 158 -120
Purchase of Property, Plant & Equipment
-15 -3.54 -6.42 -0.73 -1.72 -1.22 0.01 -0.49 -0.80 -0.36 -0.87
Acquisitions
-0.10 -0.17 -0.12 -0.19 -0.27 -0.57 -0.34 -0.01 0.00 -0.40 -0.76
Purchase of Investments
-40 - - - 0.00 -71 -57 -57 -423 3.99 -118
Sale and/or Maturity of Investments
0.00 -1.35 -0.28 -1.43 189 152 211 57 113 152 -1.05
Other Investing Activities, net
0.00 0.03 0.01 -6.22 2.68 2.68 3.97 5.14 6.25 3.29 0.77
Net Cash From Financing Activities
-2.93 -0.31 -0.01 -0.26 -0.65 -0.22 -0.03 -0.04 -0.74 -0.62 -0.24
Net Cash From Continuing Financing Activities
-2.93 -0.31 -0.01 -0.26 -0.65 -0.22 -0.03 -0.04 -0.74 -0.62 -0.24
Other Financing Activities, net
-2.93 -0.31 -0.01 -0.26 -0.65 -0.22 -0.03 -0.04 -0.74 -0.62 -0.13
Effect of Exchange Rate Changes
-0.60 -5.60 3.09 0.15 -0.88 -0.86 4.87 2.73 1.27 -2.12 -23
Cash Interest Paid
0.00 - - - 0.00 - - - 0.00 - -
Cash Interest Received
13 9.43 11 14 15 14 8.82 5.83 7.56 7.81 4.24
Cash Income Taxes Paid
0.05 0.03 0.01 0.04 0.58 - 0.02 0.06 33 0.02 0.02

Annual Balance Sheets for Cronos Group

This table presents Cronos Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Total Assets
1,166 1,140 1,213
Total Current Assets
936 933 960
Cash & Equivalents
859 669 765
Short-Term Investments
0.00 192 113
Note & Lease Receivable
9.31 16 11
Accounts Receivable
20 20 26
Inventories, net
33 30 38
Prepaid Expenses
6.28 5.41 7.11
Other Current Assets
8.11 0.00 -
Plant, Property, & Equipment, net
133 59 61
Total Noncurrent Assets
97 147 192
Long-Term Investments
2.81 55 90
Noncurrent Note & Lease Receivables
16 69 72
Goodwill
63 1.06 1.03
Intangible Assets
11 21 27
Noncurrent Deferred & Refundable Income Taxes
2.57 0.23 -
Other Noncurrent Operating Assets
1.39 1.36 2.47
Total Liabilities & Shareholders' Equity
1,166 1,140 1,213
Total Liabilities
55 44 72
Total Current Liabilities
50 41 68
Accounts Payable
17 12 11
Accrued Expenses
32 28 22
Current Deferred & Payable Income Tax Liabilities
0.01 0.06 33
Other Current Liabilities
1.07 1.47 1.73
Total Noncurrent Liabilities
5.63 2.74 3.93
Noncurrent Deferred & Payable Income Tax Liabilities
3.56 0.18 -
Other Noncurrent Operating Liabilities
2.07 2.56 3.93
Total Equity & Noncontrolling Interests
1,111 1,096 1,141
Total Preferred & Common Equity
1,064 1,100 1,144
Total Common Equity
1,064 1,100 1,144
Common Stock
670 662 654
Retained Earnings
458 417 491
Accumulated Other Comprehensive Income / (Loss)
-64 21 -0.80
Noncontrolling Interest
47 -3.45 -2.92

Quarterly Balance Sheets for Cronos Group

This table presents Cronos Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets
1,154 1,184 1,091 1,109 1,150 1,168 1,160 1,237
Total Current Assets
919 959 935 942 918 925 916 963
Cash & Equivalents
798 862 848 855 572 409 414 633
Short-Term Investments
40 0.00 0.00 0.00 268 432 423 255
Note & Lease Receivable
5.69 7.42 10 9.53 17 14 5.57 8.74
Accounts Receivable
26 26 23 21 20 17 22 23
Inventories, net
35 47 29 31 36 45 44 34
Prepaid Expenses
6.31 7.33 5.25 6.28 5.66 6.78 7.97 8.90
Other Current Assets
8.09 8.97 19 19 - - - -
Plant, Property, & Equipment, net
139 163 37 37 56 58 60 61
Total Noncurrent Assets
96 62 119 129 176 186 184 214
Long-Term Investments
2.76 2.90 24 40 80 86 81 114
Noncurrent Note & Lease Receivables
16 16 73 67 68 71 72 72
Goodwill
63 38 1.02 1.04 1.03 1.06 1.04 1.01
Intangible Assets
11 4.25 19 20 24 25 26 21
Noncurrent Deferred & Refundable Income Taxes
2.51 - - - 0.74 1.14 - -
Other Noncurrent Operating Assets
1.32 1.18 1.12 1.27 1.42 1.57 3.52 5.27
Total Liabilities & Shareholders' Equity
1,154 1,184 1,091 1,109 1,150 1,168 1,160 1,237
Total Liabilities
39 53 35 36 33 32 33 46
Total Current Liabilities
33 40 33 33 31 28 29 38
Accounts Payable
9.50 6.53 7.84 9.40 4.75 9.34 13 10
Accrued Expenses
23 32 24 23 24 17 14 26
Current Deferred & Payable Income Tax Liabilities
0.01 0.09 0.06 0.07 0.64 0.44 0.27 -
Other Current Liabilities
0.99 1.17 1.31 1.44 1.33 1.58 1.32 1.97
Total Noncurrent Liabilities
6.01 13 2.20 2.34 2.76 3.75 4.04 8.26
Noncurrent Deferred & Payable Income Tax Liabilities
4.56 11 - - - 0.68 0.38 1.92
Other Noncurrent Operating Liabilities
1.45 2.12 2.20 2.34 2.76 3.07 2.30 4.99
Total Equity & Noncontrolling Interests
1,115 1,131 1,056 1,073 1,117 1,137 1,126 1,191
Total Preferred & Common Equity
1,066 1,082 1,059 1,076 1,120 1,140 1,129 1,194
Total Common Equity
1,066 1,082 1,059 1,076 1,120 1,140 1,129 1,194
Common Stock
669 668 666 664 660 658 656 644
Retained Earnings
464 414 406 414 462 463 472 570
Accumulated Other Comprehensive Income / (Loss)
-66 -0.36 -12 -1.79 -2.11 18 1.54 -19
Noncontrolling Interest
48 50 -3.52 -3.58 -3.06 -3.02 -2.93 -2.91

Annual Metrics And Ratios for Cronos Group

This table displays calculated financial ratios and metrics derived from Cronos Group's official financial filings.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Growth Metrics
- - -
Revenue Growth
34.82% 0.57% 34.37%
EBITDA Growth
65.42% 11.33% -15.23%
EBIT Growth
60.26% 13.74% -11.71%
NOPAT Growth
-41.03% 23.90% 61.84%
Net Income Growth
153.68% 55.82% 57.52%
EPS Growth
157.89% 57.78% 57.94%
Operating Cash Flow Growth
143.99% 51.84% 42.10%
Free Cash Flow Firm Growth
-133.14% -19.24% -9,641.04%
Invested Capital Growth
38.65% 3.67% -11.65%
Revenue Q/Q Growth
-4.81% 5.07% -19.60%
EBITDA Q/Q Growth
70.09% -12.89% -787.55%
EBIT Q/Q Growth
65.29% -10.55% -6,139.17%
NOPAT Q/Q Growth
-37.78% 1.29% 55.66%
Net Income Q/Q Growth
181.77% 31.21% 24.59%
EPS Q/Q Growth
184.62% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
-32.55% 49.02% 11.51%
Free Cash Flow Firm Q/Q Growth
-17.56% 1.76% 28.35%
Invested Capital Q/Q Growth
-6.39% -8.61% -8.71%
Profitability Metrics
- - -
Gross Margin
21.42% 13.65% 17.79%
EBITDA Margin
-34.80% -135.69% -153.90%
Operating Margin
-65.07% -97.20% -128.45%
EBIT Margin
-42.74% -144.99% -169.03%
Profit (Net Income) Margin
34.03% -85.46% -194.51%
Tax Burden Percent
109.39% 101.20% 139.45%
Interest Burden Percent
-72.78% 58.24% 82.52%
Effective Tax Rate
-9.39% 0.00% 0.00%
Return on Invested Capital (ROIC)
-39.01% -33.60% -42.18%
ROIC Less NNEP Spread (ROIC-NNEP)
-52.93% -31.99% -33.56%
Return on Net Nonoperating Assets (RNNOA)
42.64% 26.93% 28.54%
Return on Equity (ROE)
3.63% -6.67% -13.63%
Cash Return on Invested Capital (CROIC)
-71.40% -37.20% -29.80%
Operating Return on Assets (OROA)
-4.36% -10.75% -11.23%
Return on Assets (ROA)
3.47% -6.34% -12.93%
Return on Common Equity (ROCE)
3.56% -6.68% -13.67%
Return on Equity Simple (ROE_SIMPLE)
3.76% -6.78% -14.75%
Net Operating Profit after Tax (NOPAT)
-84 -59 -78
NOPAT Margin
-71.18% -68.04% -89.91%
Net Nonoperating Expense Percent (NNEP)
13.92% -1.61% -8.62%
Return On Investment Capital (ROIC_SIMPLE)
-7.54% -5.42% -6.84%
Cost of Revenue to Revenue
78.58% 86.35% 82.21%
SG&A Expenses to Revenue
39.55% 56.71% 78.01%
R&D to Revenue
3.60% 6.70% 15.14%
Operating Expenses to Revenue
86.49% 110.85% 146.24%
Earnings before Interest and Taxes (EBIT)
-50 -126 -147
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-41 -118 -134
Valuation Ratios
- - -
Price to Book Value (P/BV)
0.73 0.72 0.84
Price to Tangible Book Value (P/TBV)
0.78 0.74 0.86
Price to Revenue (P/Rev)
6.57 9.13 11.08
Price to Earnings (P/E)
18.80 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00%
Earnings Yield
5.32% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)
0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00
Leverage & Solvency
- - -
Debt to Equity
0.00 0.00 0.00
Long-Term Debt to Equity
0.00 0.00 0.00
Financial Leverage
-0.81 -0.84 -0.85
Leverage Ratio
1.05 1.05 1.05
Compound Leverage Factor
-0.76 0.61 0.87
Debt to Total Capital
0.00% 0.00% 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
4.22% -0.31% -0.26%
Common Equity to Total Capital
95.78% 100.31% 100.26%
Debt to EBITDA
0.00 0.00 0.00
Net Debt to EBITDA
0.00 0.00 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00
Debt to NOPAT
0.00 0.00 0.00
Net Debt to NOPAT
0.00 0.00 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00
Altman Z-Score
9.79 11.99 9.13
Noncontrolling Interest Sharing Ratio
1.97% -0.28% -0.24%
Liquidity Ratios
- - -
Current Ratio
18.84 22.54 14.10
Quick Ratio
17.88 21.68 13.44
Cash Flow Metrics
- - -
Free Cash Flow to Firm (FCFF)
-153 -66 -55
Operating Cash Flow to CapEx
151.83% -1,709.98% -2,577.46%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00
Efficiency Ratios
- - -
Asset Turnover
0.10 0.07 0.07
Accounts Receivable Turnover
5.77 3.73 3.20
Inventory Turnover
2.90 2.21 2.03
Fixed Asset Turnover
1.22 1.45 1.29
Accounts Payable Turnover
6.35 6.47 6.28
Days Sales Outstanding (DSO)
63.29 97.77 114.11
Days Inventory Outstanding (DIO)
125.68 164.87 180.06
Days Payable Outstanding (DPO)
57.47 56.43 58.12
Cash Conversion Cycle (CCC)
131.50 206.21 236.06
Capital & Investment Metrics
- - -
Invested Capital
249 180 173
Invested Capital Turnover
0.55 0.49 0.47
Increase / (Decrease) in Invested Capital
70 6.36 -23
Enterprise Value (EV)
-42 -123 -9.08
Market Capitalization
772 797 961
Book Value per Share
$2.78 $2.89 $3.02
Tangible Book Value per Share
$2.59 $2.83 $2.95
Total Capital
1,111 1,096 1,141
Total Debt
0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 0.00
Net Debt
-862 -916 -967
Capital Expenditures (CapEx)
12 2.51 3.45
Debt-free, Cash-free Net Working Capital (DFCFNWC)
28 30 14
Debt-free Net Working Capital (DFNWC)
886 892 892
Net Working Capital (NWC)
886 892 892
Net Nonoperating Expense (NNE)
-124 15 91
Net Nonoperating Obligations (NNO)
-862 -916 -967
Total Depreciation and Amortization (D&A)
9.34 8.11 13
Debt-free, Cash-free Net Working Capital to Revenue
23.47% 34.82% 16.51%
Debt-free Net Working Capital to Revenue
753.66% 1,022.35% 1,028.30%
Net Working Capital to Revenue
753.66% 1,022.35% 1,028.30%
Earnings Adjustments
- - -
Adjusted Basic Earnings per Share
$0.11 ($0.19) $0.00
Adjusted Weighted Average Basic Shares Outstanding
382.53M 381.30M 380.58M
Adjusted Diluted Earnings per Share
$0.11 ($0.19) $0.00
Adjusted Weighted Average Diluted Shares Outstanding
382.53M 381.30M 380.58M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
382.53M 381.30M 380.58M
Normalized Net Operating Profit after Tax (NOPAT)
-42 -56 -73
Normalized NOPAT Margin
-35.44% -64.12% -84.24%
Pre Tax Income Margin
31.11% -84.44% -139.49%
Debt Service Ratios
- - -
EBIT to Interest Expense
0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00
Payout Ratios
- - -
Dividend Payout Ratio
0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% 0.00%

Quarterly Metrics And Ratios for Cronos Group

This table displays calculated financial ratios and metrics derived from Cronos Group's official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
27.58% -24.85% 87.80% 45.95% 29.72% 21.37% 21.56% -11.95% -22.12% 23.77% 0.01%
EBITDA Growth
102.61% 161.73% -142.90% -46.80% 38.71% -29.51% 55.01% 28.24% 11.96% -112.19% -141.79%
EBIT Growth
87.21% 156.36% -133.35% -36.14% 37.86% -24.92% 53.40% 30.67% 12.19% -113.11% -148.38%
NOPAT Growth
61.24% 28.23% -250.33% 24.53% 23.21% 4.87% 20.34% 18.50% 42.39% -114.99% 66.15%
Net Income Growth
410.91% 197.59% 513.32% -3.08% 87.10% 42.90% 95.20% 58.22% 41.03% 41.10% -147.49%
EPS Growth
300.00% 200.00% 0.00% 0.00% 80.00% 0.00% 100.00% 60.00% 0.00% 0.00% 0.00%
Operating Cash Flow Growth
4.90% -54.09% 6,429.51% 114.81% 95.38% 168.99% 98.63% 31.86% -40.64% 32.18% 57.48%
Free Cash Flow Firm Growth
-567.23% -273.72% -458.80% 218.33% 283.65% -408.97% -127.55% 77.90% -116.01% -97.76% -21.71%
Invested Capital Growth
54.57% 38.65% 35.35% -12.83% -15.61% 3.67% 3.56% -0.41% -1.29% -11.65% -34.25%
Revenue Q/Q Growth
79.52% -61.43% 67.83% 9.78% 8.69% -3.61% 30.43% -2.43% -1.07% -3.45% -5.52%
EBITDA Q/Q Growth
-98.79% 199.62% -54.47% -39.90% 70.72% -291.99% 6.64% 41.60% 39.41% -36.16% -48.93%
EBIT Q/Q Growth
-107.03% 184.54% -59.33% -35.05% 68.38% -250.06% 7.04% 38.36% 37.72% -30.57% -38.31%
NOPAT Q/Q Growth
60.19% 79.65% -390.23% 2.43% 21.86% 0.64% -5.60% 0.72% 8.68% 16.80% -8.03%
Net Income Q/Q Growth
-82.42% 499.96% 183.62% -252.62% 94.48% -2,441.03% 79.15% 55.88% 75.58% -113.79% -81.36%
EPS Q/Q Growth
-83.33% 500.00% 200.00% -100.00% 0.00% 0.00% 100.00% 60.00% 0.00% 0.00% -100.00%
Operating Cash Flow Q/Q Growth
-127.15% -33.35% 564.16% 179.13% -113.11% 9,288.52% 98.45% 75.31% -95.69% -82.08% 22.54%
Free Cash Flow Firm Q/Q Growth
-25.82% 34.64% -865.60% -25.79% 204.83% 2.27% -62.12% -15.17% -269.32% -91.28% 230.02%
Invested Capital Q/Q Growth
9.96% -6.39% 45.40% 3.28% -1.37% -8.61% -6.36% -0.01% 21.15% -8.71% -9.94%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
42.57% 60.14% 7.75% 22.68% 17.73% 8.00% 16.00% 16.29% 15.01% 5.30% 15.41%
EBITDA Margin
1.37% 203.70% -78.86% -85.69% -67.24% -247.96% -60.98% -85.19% -142.32% -232.37% -164.77%
Operating Margin
-12.62% -63.24% -72.23% -56.05% -63.07% -90.47% -87.77% -108.41% -106.54% -115.42% -133.93%
EBIT Margin
-7.43% 189.65% -86.52% -91.14% -74.09% -252.88% -69.63% -97.70% -154.66% -245.68% -181.67%
Profit (Net Income) Margin
23.94% 244.51% 15.72% -31.55% -9.82% -188.28% -7.14% -44.67% -98.78% -400.19% -180.73%
Tax Burden Percent
106.26% 95.64% 158.67% 80.12% 81.66% 98.94% 62.31% 145.42% 98.90% 197.69% 119.04%
Interest Burden Percent
-303.21% 134.81% -11.45% 43.21% 16.24% 75.25% 16.46% 31.44% 64.58% 82.40% 83.58%
Effective Tax Rate
-6.26% 4.36% -58.67% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
-7.40% -33.15% -61.14% -20.30% -21.19% -31.27% -26.37% -28.33% -28.63% -37.90% -42.23%
ROIC Less NNEP Spread (ROIC-NNEP)
-8.79% -39.31% -67.95% -20.54% -22.15% -28.10% -27.78% -28.93% -28.16% -31.92% -40.59%
Return on Net Nonoperating Assets (RNNOA)
6.97% 31.67% 53.95% 16.85% 18.25% 23.66% 23.12% 23.90% 23.29% 27.15% 33.24%
Return on Equity (ROE)
-0.43% -1.48% -7.20% -3.45% -2.95% -7.61% -3.25% -4.44% -5.33% -10.75% -8.98%
Cash Return on Invested Capital (CROIC)
-73.54% -71.40% -56.28% -12.96% -11.96% -37.20% -34.59% -29.99% -30.51% -29.80% -32.11%
Operating Return on Assets (OROA)
-0.82% 19.34% -9.16% -8.21% -6.08% -18.75% -4.84% -6.14% -9.93% -16.33% -14.14%
Return on Assets (ROA)
2.64% 24.94% 1.66% -2.84% -0.81% -13.96% -0.50% -2.81% -6.34% -26.59% -14.07%
Return on Common Equity (ROCE)
-0.42% -1.45% -7.05% -3.46% -2.95% -7.63% -3.26% -4.45% -5.35% -10.77% -9.00%
Return on Equity Simple (ROE_SIMPLE)
4.71% 0.00% -4.53% -5.48% -5.37% 0.00% -9.68% -12.59% -13.75% 0.00% -18.74%
Net Operating Profit after Tax (NOPAT)
-4.33 -11 -53 -11 -11 -15 -15 -14 -15 -16 -19
NOPAT Margin
-13.41% -60.48% -114.60% -39.24% -44.15% -63.33% -61.44% -75.88% -74.57% -80.79% -93.75%
Net Nonoperating Expense Percent (NNEP)
1.39% 6.17% 6.80% 0.24% 0.96% -3.17% 1.40% 0.59% -0.47% -5.98% -1.64%
Return On Investment Capital (ROIC_SIMPLE)
-0.39% -0.98% - - - -1.38% - - - -1.40% -
Cost of Revenue to Revenue
57.43% 39.86% 92.25% 77.32% 82.27% 92.00% 84.00% 83.71% 84.99% 94.70% 84.60%
SG&A Expenses to Revenue
28.85% 67.22% 27.39% 45.99% 35.22% 40.99% 57.90% 70.72% 60.82% 64.28% 80.13%
R&D to Revenue
2.46% 5.72% 2.67% 3.47% 3.94% 6.07% 5.02% 5.82% 10.46% 11.96% 12.45%
Operating Expenses to Revenue
55.19% 123.38% 79.98% 78.73% 80.79% 98.47% 103.77% 124.70% 121.55% 120.72% 149.34%
Earnings before Interest and Taxes (EBIT)
-2.40 34 -40 -25 -19 -60 -17 -19 -30 -48 -37
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
0.44 37 -37 -24 -17 -59 -15 -16 -28 -46 -34
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
0.65 0.73 0.77 0.84 0.92 0.72 0.68 0.66 0.65 0.84 0.89
Price to Tangible Book Value (P/TBV)
0.70 0.78 0.81 0.86 0.94 0.74 0.70 0.67 0.67 0.86 0.91
Price to Revenue (P/Rev)
5.56 6.57 6.78 8.75 10.70 9.13 9.18 9.54 9.09 11.08 9.88
Price to Earnings (P/E)
14.00 18.80 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
7.14% 5.32% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.08 0.08 0.54 0.00 0.00 0.00 0.00 0.00 0.32
Enterprise Value to Revenue (EV/Rev)
0.00 0.00 0.18 0.14 1.03 0.00 0.00 0.00 0.00 0.00 0.56
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.10
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 24.80
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.79 0.86 36.25 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage
-0.79 -0.81 -0.79 -0.82 -0.82 -0.84 -0.83 -0.83 -0.83 -0.85 -0.82
Leverage Ratio
1.03 1.05 1.04 1.03 1.03 1.05 1.03 1.03 1.03 1.05 1.05
Compound Leverage Factor
-3.14 1.41 -0.12 0.45 0.17 0.79 0.17 0.32 0.67 0.87 0.88
Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
4.34% 4.22% 4.40% -0.33% -0.33% -0.31% -0.27% -0.27% -0.26% -0.26% -0.24%
Common Equity to Total Capital
95.66% 95.78% 95.60% 100.33% 100.33% 100.31% 100.27% 100.27% 100.26% 100.26% 100.24%
Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score
12.22 10.03 10.92 16.68 18.23 12.18 15.22 15.70 14.82 9.39 15.36
Noncontrolling Interest Sharing Ratio
2.05% 1.97% 2.08% -0.30% -0.30% -0.28% -0.26% -0.25% -0.25% -0.24% -0.22%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
27.80 18.84 24.24 28.29 28.19 22.54 30.03 33.12 31.45 14.10 25.37
Quick Ratio
26.31 17.88 22.64 26.67 26.51 21.68 28.67 31.25 29.66 13.44 24.24
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-101 -80 -123 16 22 -22 -22 -14 -12 6.96 80
Operating Cash Flow to CapEx
-13.74% 217.89% 180.56% 239.23% -127.84% 1,380.54% 0.00% -2,383.40% -5,931.97% -6,695.60% -1,540.28%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.11 0.10 0.11 0.09 0.08 0.07 0.07 0.06 0.06 0.07 0.08
Accounts Receivable Turnover
5.27 5.77 5.30 4.99 4.31 3.73 3.84 4.04 3.18 3.20 5.50
Inventory Turnover
2.76 2.90 2.58 2.29 2.12 2.21 2.06 1.61 1.72 2.03 2.78
Fixed Asset Turnover
1.41 1.22 1.13 2.15 1.92 1.45 1.43 1.27 1.23 1.29 0.87
Accounts Payable Turnover
9.54 6.35 19.02 9.91 7.04 6.47 9.52 6.28 5.79 6.28 4.31
Days Sales Outstanding (DSO)
69.32 63.29 68.84 73.13 84.66 97.77 95.11 90.35 114.64 114.11 66.35
Days Inventory Outstanding (DIO)
132.09 125.68 141.39 159.47 171.81 164.87 177.30 226.82 212.70 180.06 131.29
Days Payable Outstanding (DPO)
38.27 57.47 19.20 36.84 51.88 56.43 38.32 58.12 63.09 58.12 84.68
Cash Conversion Cycle (CCC)
163.14 131.50 191.04 195.77 204.59 206.21 234.09 259.06 264.26 236.06 112.96
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
274 249 266 183 177 180 197 210 210 173 190
Invested Capital Turnover
0.55 0.55 0.53 0.52 0.48 0.49 0.43 0.37 0.38 0.47 0.45
Increase / (Decrease) in Invested Capital
97 70 70 -27 -33 6.36 6.76 -0.86 -2.75 -23 -99
Enterprise Value (EV)
-100 -42 22 14 96 -123 -161 -179 -182 -9.08 60
Market Capitalization
692 772 837 890 995 797 762 750 738 961 1,066
Book Value per Share
$2.79 $2.78 $2.83 $2.77 $2.82 $2.89 $2.94 $2.99 $2.97 $3.02 $3.16
Tangible Book Value per Share
$2.59 $2.59 $2.72 $2.72 $2.77 $2.83 $2.87 $2.92 $2.90 $2.95 $3.10
Total Capital
1,115 1,111 1,131 1,056 1,073 1,096 1,117 1,137 1,126 1,141 1,191
Total Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
-841 -862 -865 -873 -895 -916 -920 -927 -918 -967 -1,003
Capital Expenditures (CapEx)
15 3.54 6.42 0.73 1.72 1.22 -0.01 0.49 0.80 0.36 0.87
Debt-free, Cash-free Net Working Capital (DFCFNWC)
48 28 58 54 54 30 48 56 51 14 37
Debt-free Net Working Capital (DFNWC)
886 886 920 902 909 892 888 897 887 892 925
Net Working Capital (NWC)
886 886 920 902 909 892 888 897 887 892 925
Net Nonoperating Expense (NNE)
-12 -55 -61 -2.13 -8.68 30 -13 -5.94 4.72 63 18
Net Nonoperating Obligations (NNO)
-841 -862 -865 -873 -895 -916 -920 -927 -916 -967 -1,001
Total Depreciation and Amortization (D&A)
2.84 2.53 3.57 1.51 1.73 1.18 2.15 2.38 2.41 2.62 3.45
Debt-free, Cash-free Net Working Capital to Revenue
38.30% 23.47% 46.60% 53.09% 57.70% 34.82% 58.09% 71.11% 62.28% 16.51% 33.92%
Debt-free Net Working Capital to Revenue
710.76% 753.66% 744.27% 886.49% 976.84% 1,022.35% 1,069.24% 1,140.59% 1,092.23% 1,028.30% 857.67%
Net Working Capital to Revenue
710.76% 753.66% 744.27% 886.49% 976.84% 1,022.35% 1,069.24% 1,140.59% 1,092.23% 1,028.30% 857.67%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.02 $0.12 $0.02 ($0.02) ($0.01) ($0.12) $0.00 ($0.02) $0.00 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding
385.42M 382.53M 382.29M 382.28M 382.01M 381.30M 381.11M 381.09M 380.82M 380.58M 378.47M
Adjusted Diluted Earnings per Share
$0.02 $0.12 $0.02 ($0.02) ($0.01) ($0.12) $0.00 ($0.02) $0.00 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding
385.42M 382.53M 382.29M 382.28M 382.01M 381.30M 381.11M 381.09M 380.82M 380.58M 378.47M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
385.42M 382.53M 382.29M 382.28M 382.01M 381.30M 381.11M 381.09M 380.82M 380.58M 378.47M
Normalized Net Operating Profit after Tax (NOPAT)
-2.46 -11 -13 -11 -9.72 -13 -14 -14 -15 -17 -19
Normalized NOPAT Margin
-7.63% -60.48% -28.96% -37.86% -38.45% -53.18% -57.42% -75.88% -74.57% -84.00% -92.42%
Pre Tax Income Margin
22.53% 255.66% 9.91% -39.38% -12.03% -190.30% -11.46% -30.72% -99.88% -202.44% -151.83%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Frequently Asked Questions About Cronos Group's Financials

When does Cronos Group's financial year end?

According to the most recent income statement we have on file, Cronos Group's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Cronos Group's net income changed over the last 2 years?

Cronos Group's net income appears to be on a downward trend, with a most recent value of $40.02 million in 2024, falling from -$168.73 million in 2022. The previous period was -$74.55 million in 2023.

What is Cronos Group's operating income?
Cronos Group's total operating income in 2024 was -$76.53 million, based on the following breakdown:
  • Total Gross Profit: $25.20 million
  • Total Operating Expenses: $101.73 million
How has Cronos Group revenue changed over the last 2 years?

Over the last 2 years, Cronos Group's total revenue changed from $86.75 million in 2022 to $117.62 million in 2024, a change of 35.6%.

How much debt does Cronos Group have?

Cronos Group's total liabilities were at $55.33 million at the end of 2024, a 25.3% increase from 2023, and a 23.2% decrease since 2022.

How much cash does Cronos Group have?

In the past 2 years, Cronos Group's cash and equivalents has ranged from $669.29 million in 2023 to $858.81 million in 2024, and is currently $858.81 million as of their latest financial filing in 2024.

How has Cronos Group's book value per share changed over the last 2 years?

Over the last 2 years, Cronos Group's book value per share changed from 3.02 in 2022 to 2.78 in 2024, a change of -7.9%.



This page (NASDAQ:CRON) was last updated on 5/21/2025 by MarketBeat.com Staff
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