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FLGC

Flora Growth Corp

$1.79

Earnings Summary

Revenue
$17.98Mn
Net Profits
$-8.29Mn
Net Profit Margins
-46.09%

Highlights

Revenue:

Flora Growth Corp’s revenue jumped 56.45% since last year same period to $17.98Mn in the Q4 2023. On a quarterly growth basis, Flora Growth Corp has generated 3.8% jump in its revenue since last 3-months.

Net Profits:

Flora Growth Corp’s net profit jumped 33.85% since last year same period to $-8.29Mn in the Q4 2023. On a quarterly growth basis, Flora Growth Corp has generated -769.77% fall in its net profits since last 3-months.

Net Profit Margins:

Flora Growth Corp’s net profit margin jumped 57.72% since last year same period to -46.09% in the Q4 2023. On a quarterly growth basis, Flora Growth Corp has generated -745.25% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Flora Growth Corp post its latest quarter earnings

EPS Estimate Current Quarter
-0.07
EPS Estimate Current Year
-0.07

Highlights

EPS Estimate Current Quarter:

Flora Growth Corp’s earning per share (EPS) estimates for the current quarter stand at -0.07 - a 65% jump from last quarter’s estimates.

EPS Estimate Current Year:

Flora Growth Corp’s earning per share (EPS) estimates for the current year stand at -0.07.

Key Ratios

Key ratios of the Flora Growth Corp post its Q4 2023 earnings

Earning Per Share (EPS)
-0.17
Return on Assets (ROA)
-0.13
Return on Equity (ROE)
-1.49

Highlights

Earning Per Share (EPS):

Flora Growth Corp’s earning per share (EPS) fell -13.33% since last year same period to -0.17 in the Q4 2023. This indicates that the Flora Growth Corp has generated -13.33% annual rate of fall 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. Flora Growth Corp’s return on assets (ROA) stands at -0.13.

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. Flora Growth Corp’s return on equity (ROE) stands at -1.49.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-03-28
-0.07
-0.17
-142.86%
2023-05-15
-0.04
-0.03
25%
2023-11-08
-0.2
0.16
180%
2023-08-10
-0.4
-6.58
-1545%