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VRNOF (Verano Holdings) Pre-Tax Income : $-14.6 Mil (TTM As of Sep. 2024)


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What is Verano Holdings Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Verano Holdings's pretax income for the three months ended in Sep. 2024 was $2.9 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2024 was $-14.6 Mil. Verano Holdings's pretax margin was 1.34%.

During the past 5 years, Verano Holdings's highest Pretax Margin was 36.08%. The lowest was -18.58%. And the median was 4.80%.


Verano Holdings Pre-Tax Income Historical Data

The historical data trend for Verano Holdings's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Verano Holdings Pre-Tax Income Chart

Verano Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
-0.06 82.45 48.99 -163.40 27.80

Verano Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.03 -32.94 6.66 8.77 2.91

Competitive Comparison of Verano Holdings's Pre-Tax Income

For the Drug Manufacturers - Specialty & Generic subindustry, Verano Holdings's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Verano Holdings's Pre-Tax Income Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Verano Holdings's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Verano Holdings's Pre-Tax Income falls into.



Verano Holdings Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Verano Holdings's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=143.278+-55.687+-59.793+0+1.0658141036402E-14
=27.8

Verano Holdings's Pretax Income for the quarter that ended in Sep. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=16.77+-1.088+-12.771+0+1.3322676295502E-15
=2.9

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-14.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Verano Holdings  (OTCPK:VRNOF) Pre-Tax Income Explanation

Verano Holdings's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=2.911/216.683
=1.34%

During the past 5 years, Verano Holdings's highest Pretax Margin was 36.08%. The lowest was -18.58%. And the median was 4.80%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Verano Holdings Pre-Tax Income Related Terms

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Verano Holdings Business Description

Traded in Other Exchanges
Address
214 West Hill Street, Suite 400, Chicago, IL, USA, 60610
Verano Holdings Corp is a vertically integrated multi?state cannabis operator in the United States. The Company has two reportable segments: (i) cultivation (wholesale) and (ii) retail. The company's consumer brands include Encore, Avexia, MÜV, Savvy, BITS and Verano. The company's retail dispensaries operate under brands including Zen Leaf and MÜV. The company derives its revenues from Retail segment.