Financial statements Verano Global
Revenue and profit of VERANO GLOBAL
|
Year
|
2020
|
2021
|
2022
|
2023
|
|---|---|---|---|---|
| Net sales | 11 984 924,48 | 13 514 820,43 | 13 506 703,33 | 12 952 199,97 |
| Operating activity costs | 5 666 274,72 | 6 687 442,82 | 6 730 544,46 | 7 208 633,61 |
| Sales profit | 1 520 221,05 | 2 181 357,64 | 1 713 943,76 | 286 510,64 |
| Other operating income | 677 178,73 | 471 042,25 | 66 219,24 | 177 720,55 |
| Other operating expenses | 99 946,29 | 124 346,62 | 120 722,03 | 74 236,76 |
| Operating profit (loss) | 2 097 453,49 | 2 528 053,27 | 1 659 440,97 | 389 994,43 |
| Gross profit (loss) | 2 117 703,88 | 2 616 587,01 | 1 768 883,71 | 206 635,84 |
| Net profit (loss) | 1 932 829,55 | 2 115 709,98 | 1 412 502,06 | 177 783,84 |
Financial data is automatically retrieved from the EKRS webpage of the Ministry of Justice.
- Sales Revenue - Revenue obtained from the sale of goods, products, or services during a given reporting period.li>
- Cost of Goods Sold - Costs directly related to the production or purchase of the products, goods, or services sold.
- Gross Profit from Sales - The difference between sales revenue and the cost of goods sold.
- Income Tax - The amount of income tax payable on gross profit in accordance with tax regulations.
- Net Profit - The profit after deducting all costs, including income tax.
- Amortization - Amortization is an accounting method used to gradually reduce the book value of a loan or intangible asset over a specific time frame. For loans, it involves distributing payments across the repayment period. When applied to assets, amortization functions similarly to depreciation.
- Employee Costs - Costs related to salaries, social benefits, and other employment-related expenses.
- Selling Costs - Costs related to sales activities, including expenses for advertising, marketing, transportation, etc.
- General Administrative Costs - Costs related to maintaining the company's operational activities, including administrative expenses.
- Operating Profit (EBIT) - Profit before deducting interest and taxes, calculated as the difference between revenue and operating costs.
- Financial Income - Income earned from financial activities, such as interest, dividends, and gains from securities.
- Financial Costs - Costs related to financial activities, such as interest on loans and losses from trading securities.
- Gross Profit - Profit before taxation, taking into account the company's operating and financial activities.
- Other Operating Income - Income related to operating activities that do not directly result from sales, such as the sale of assets.
- Other Operating Costs - Costs related to operating activities that are not directly tied to the core business, such as losses from the sale of assets.
- Interest Income - Income earned from interest on bank deposits, bonds, or other financial instruments.
- Interest Costs - Costs incurred from interest on loans, borrowings, or bonds.
- Earnings Per Share (EPS) -
- - Profit attributable to one common share, calculated as net profit divided by the number of shares.
- Profit Before Tax - Profit earned after accounting for all operating and financial costs, but before tax deduction.
- Gain on Sale of Assets - Profit earned from the sale of fixed assets or other components of the company's property.
- External Services Costs - Costs related to services provided by external entities, such as transportation, repair, or consulting services.
- Compensation and Penalty Costs - Costs incurred for the payment of compensation, contractual penalties, or other liabilities arising from court or administrative decisions.
- Grants and Subsidies - Income earned from grants, subsidies, or other forms of financial support received from the government or other institutions.
- Research and Development (R&D) Costs - Costs incurred for research and development activities aimed at innovation and improving products or services.
- Bank Fees and Commissions - Costs incurred for bank services, including account management, financial transaction processing, and other banking services.
- License Income - Income earned from granting licenses for the use of intellectual property rights, such as patents or trademarks.
- Promotion and Advertising Costs - Costs related to marketing activities, promotion, and advertising of products or services.