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CRON

Cronos Group Inc

$3.1

Earnings Summary

Revenue
$25.03Mn
Net Profits
$-32.64Mn
Net Profit Margins
-130.38%

Highlights

Revenue:

Cronos Group Inc’s revenue jumped 98.5% since last year same period to $25.03Mn in the Q1 2022. On a quarterly growth basis, Cronos Group Inc has generated 22.67% jump in its revenue since last 3-months.

Net Profits:

Cronos Group Inc’s net profit jumped 79.77% since last year same period to $-32.64Mn in the Q1 2022. On a quarterly growth basis, Cronos Group Inc has generated -141.89% fall in its net profits since last 3-months.

Net Profit Margins:

Cronos Group Inc’s net profit margin jumped 89.81% since last year same period to -130.38% in the Q1 2022. On a quarterly growth basis, Cronos Group Inc has generated -134.15% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Cronos Group Inc post its latest quarter earnings

EPS Estimate Current Quarter
-0.05
EPS Estimate Current Year
-0.05

Highlights

EPS Estimate Current Quarter:

Cronos Group Inc’s earning per share (EPS) estimates for the current quarter stand at -0.05 - a 37.5% jump from last quarter’s estimates.

EPS Estimate Current Year:

Cronos Group Inc’s earning per share (EPS) estimates for the current year stand at -0.05.

Key Ratios

Key ratios of the Cronos Group Inc post its Q1 2022 earnings

Earning Per Share (EPS)
-0.09
Return on Assets (ROA)
-0.06
Return on Equity (ROE)
-0.08
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Cronos Group Inc’s earning per share (EPS) jumped 79.55% since last year same period to -0.09 in the Q1 2022. This indicates that the Cronos Group Inc has generated 79.55% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Cronos Group Inc’s return on assets (ROA) stands at -0.06.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Cronos Group Inc’s return on equity (ROE) stands at -0.08.

Dividend Per Share (DPS):

Cronos Group Inc declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-10
-0.08
-0.09
-12.5%

Company Information

Cronos Group is an innovative global cannabinoid company with international production and distribution across five continents. Cronos Group is committed to building disruptive intellectual property by advancing cannabis research, technology and product development. With a passion to responsibly elevate the consumer experience, Cronos Group is building an iconic brand portfolio. Cronos Group's portfolio includes PEACE NATURALS™, a global wellness platform, two adult-use brands, COVE™ and Spinach™, and three hemp-derived CBD brands, Lord Jones™, Happy Dance™ and PEACE+™.

Organisation
Cronos Group Inc
Headquarters
Toronto, Ontario, Canada
Employees
665
Industry
Health Technology