Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
117.61M | 87.24M | 91.90M | 74.44M | 46.72M | Gross Profit |
25.20M | 11.91M | 11.97M | -17.53M | -25.83M | EBIT |
-76.53M | -84.80M | -116.01M | 6.79M | -179.35M | EBITDA |
-50.21M | -71.80M | -91.27M | -192.28M | -82.73M | Net Income Common Stockholders |
41.08M | -73.96M | -168.73M | -396.70M | -74.62M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
858.80M | 861.53M | 877.72M | 1.00B | 1.29B | Total Assets |
1.17B | 1.14B | 1.21B | 1.40B | 1.93B | Total Debt |
2.02M | 2.55M | 3.88M | 9.81M | 9.81M | Net Debt |
-856.79M | -666.74M | -760.77M | -877.17M | -1.07B | Total Liabilities |
55.33M | 43.96M | 72.05M | 63.46M | 217.51M | Stockholders Equity |
1.06B | 1.10B | 1.14B | 1.34B | 1.71B |
Cash Flow | Free Cash Flow | |||
5.69M | -46.26M | -93.98M | -165.88M | -177.85M | Operating Cash Flow |
18.84M | -42.84M | -88.95M | -153.62M | -142.46M | Investing Cash Flow |
175.15M | -59.50M | -1.84M | -28.90M | 20.15M | Financing Cash Flow |
-1.23M | -1.03M | -2.90M | -13.44M | -5.46M |
Cronos Group Inc. announced that its 2025 Annual Meeting of Shareholders will be held virtually on June 20, 2025, allowing registered shareholders and proxyholders to participate online. This virtual format ensures accessibility for participants regardless of location, offering opportunities for engagement through questions and voting. The meeting’s replay will be available on the company’s website, reflecting Cronos’s commitment to transparency and stakeholder engagement.
Spark’s Take on TSE:CRON Stock
According to Spark, TipRanks’ AI Analyst, TSE:CRON is a Neutral.
The overall stock score of 66.5 reflects Cronos Group’s strong revenue growth and improved financial metrics, particularly in terms of a low leverage balance sheet and positive cash flow turnaround. However, persistent profitability challenges, technical indicators suggesting a neutral to bearish trend, and dependency on future expansion projects temper the score. The earnings call provides a positive outlook, but uncertainties in the Israeli market and operational expenses remain concerns.
To see Spark’s full report on TSE:CRON stock, click here.
Cronos Group reported a significant increase in net revenue for the fourth quarter and full year of 2024, with a 27% and 35% year-over-year growth, respectively. The company has achieved market leadership with its Spinach® brand in Canada and PEACE NATURALS® in Israel, and it is making strides in Germany and the UK. With a strong balance sheet and strategic investments, Cronos is well-positioned for future growth and innovation in the cannabis industry.