IANTHUS CAPITAL HOLDINGS, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $144.0M | $167.6M | $159.2M | $163.2M | $203.0M | $151.7M |
| Cost of Revenue | $78.3M | $92.5M | $96.1M | $88.8M | $93.5M | $69.8M |
| Gross Profit | $65.7M | $75.1M | $63.2M | $74.4M | $109.5M | $81.8M |
| Gross Margin | 45.6% | 44.8% | 39.7% | 45.6% | 53.9% | 54.0% |
| Operating Expenses | ||||||
| Research & Development | — | — | — | — | — | — |
| SG&A Expense | $60.9M | $62.2M | $67.9M | $128.1M | $97.0M | $98.4M |
| Operating Income | $-15.4M | $-8.5M | $-29.7M | $-112.5M | $-23.8M | $-249.9M |
| Operating Margin | -10.7% | -5.1% | -18.7% | -68.9% | -11.7% | -164.8% |
| Interest Expense | $16.6M | $17.2M | $15.7M | $18.7M | $1.7M | $3.4M |
| Pretax Income | $-23.2M | $-25.3M | $-49.5M | $-438.7M | $-55.8M | $-294.7M |
| Income Tax Expense | $17.0M | $-17.7M | $27.2M | $10.7M | $21.7M | $18.6M |
| Net Income | $-40.2M | $-7.6M | $-76.6M | $-449.4M | $-77.5M | $-313.4M |
| Net Margin | -27.9% | -4.6% | -48.1% | -275.3% | -38.2% | -206.6% |
| EPS (Basic) | $-0.01 | $0.00 | $-0.01 | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | $-0.01 | $0.00 | $-0.01 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 6.70B | 6.54B | 6.44B | 6.44B | 6.56B | 6.56T |
| Shares Outstanding (Diluted) | 6.70B | 6.54B | 6.44B | 6.44B | 6.56B | 6.56T |
| Dividends Per Share | — | — | — | — | — | — |