Cronos Historical Income Statement

CRON Stock  CAD 2.86  0.07  2.51%   
Historical analysis of Cronos income statement accounts such as Selling General Administrative of 43.8 M, Total Revenue of 91.6 M or Gross Profit of 12.5 M can show how well Cronos Group performed in making a profits. Evaluating Cronos income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Cronos's future profits or losses.
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Cronos Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Cronos Group is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cronos Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Cronos Income Statement Analysis

Cronos Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Cronos shareholders. The income statement also shows Cronos investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Cronos Income Statement Chart

At this time, Cronos' Selling And Marketing Expenses is very stable compared to the past year.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Cronos Group. It is also known as Cronos overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from Cronos' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Cronos Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cronos Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Cronos' Selling And Marketing Expenses is very stable compared to the past year.

Cronos income statement Correlations

0.380.830.570.42-0.46-0.16-0.150.37-0.16-0.140.46-0.160.53-0.130.110.190.280.350.92-0.060.510.550.390.9
0.380.81-0.420.99-0.70.070.081.0-0.060.070.94-0.060.970.3-0.190.95-0.260.370.470.30.870.920.950.05
0.830.810.120.84-0.6-0.15-0.140.81-0.24-0.140.85-0.240.890.010.040.690.110.380.850.060.790.910.820.57
0.57-0.420.12-0.390.29-0.37-0.37-0.45-0.29-0.36-0.21-0.29-0.28-0.520.42-0.60.630.230.36-0.44-0.29-0.13-0.450.8
0.420.990.84-0.39-0.680.040.051.0-0.090.040.94-0.090.990.27-0.170.93-0.210.350.520.280.870.930.960.09
-0.46-0.7-0.60.29-0.68-0.32-0.32-0.68-0.31-0.34-0.5-0.31-0.67-0.430.37-0.610.66-0.35-0.51-0.39-0.71-0.48-0.62-0.16
-0.160.07-0.15-0.370.04-0.321.00.070.981.0-0.120.98-0.020.97-0.990.07-0.24-0.09-0.270.960.44-0.160.05-0.08
-0.150.08-0.14-0.370.05-0.321.00.080.981.0-0.10.980.00.97-0.990.08-0.24-0.08-0.270.970.45-0.140.06-0.07
0.371.00.81-0.451.0-0.680.070.08-0.060.070.93-0.060.970.31-0.20.96-0.250.330.470.310.870.910.960.03
-0.16-0.06-0.24-0.29-0.09-0.310.980.98-0.060.99-0.261.0-0.140.91-0.95-0.07-0.29-0.11-0.280.90.32-0.29-0.08-0.05
-0.140.07-0.14-0.360.04-0.341.01.00.070.99-0.120.99-0.020.96-0.990.06-0.27-0.1-0.250.960.44-0.160.05-0.07
0.460.940.85-0.210.94-0.5-0.12-0.10.93-0.26-0.12-0.270.940.1-0.010.880.030.520.470.140.80.990.890.2
-0.16-0.06-0.24-0.29-0.09-0.310.980.98-0.061.00.99-0.27-0.140.91-0.95-0.08-0.29-0.14-0.280.90.32-0.3-0.08-0.06
0.530.970.89-0.280.99-0.67-0.020.00.97-0.14-0.020.94-0.140.2-0.110.88-0.130.380.610.220.870.940.930.21
-0.130.30.01-0.520.27-0.430.970.970.310.910.960.10.910.2-0.990.31-0.31-0.08-0.190.990.610.060.29-0.15
0.11-0.190.040.42-0.170.37-0.99-0.99-0.2-0.95-0.99-0.01-0.95-0.11-0.99-0.190.240.080.21-0.99-0.550.03-0.180.08
0.190.950.69-0.60.93-0.610.070.080.96-0.070.060.88-0.080.880.31-0.19-0.320.260.330.30.790.850.96-0.16
0.28-0.260.110.63-0.210.66-0.24-0.24-0.25-0.29-0.270.03-0.29-0.13-0.310.24-0.320.010.11-0.19-0.10.1-0.180.54
0.350.370.380.230.35-0.35-0.09-0.080.33-0.11-0.10.52-0.140.38-0.080.080.260.010.08-0.030.320.460.150.37
0.920.470.850.360.52-0.51-0.27-0.270.47-0.28-0.250.47-0.280.61-0.190.210.330.110.08-0.150.490.580.550.69
-0.060.30.06-0.440.28-0.390.960.970.310.90.960.140.90.220.99-0.990.3-0.19-0.03-0.150.640.10.3-0.05
0.510.870.79-0.290.87-0.710.440.450.870.320.440.80.320.870.61-0.550.79-0.10.320.490.640.80.850.29
0.550.920.91-0.130.93-0.48-0.16-0.140.91-0.29-0.160.99-0.30.940.060.030.850.10.460.580.10.80.90.29
0.390.950.82-0.450.96-0.620.050.060.96-0.080.050.89-0.080.930.29-0.180.96-0.180.150.550.30.850.90.04
0.90.050.570.80.09-0.16-0.08-0.070.03-0.05-0.070.2-0.060.21-0.150.08-0.160.540.370.69-0.050.290.290.04
Click cells to compare fundamentals

Cronos Account Relationship Matchups

Cronos income statement Accounts

201920202021202220232024 (projected)
Interest Expense1.2M186K27K22.5M25.9M27.2M
Selling General Administrative61.0M95.9M106.6M86.3M58.2M43.8M
Total Revenue23.8M46.7M74.4M91.9M87.2M91.6M
Gross Profit(17.9M)(25.8M)(17.5M)12.0M11.9M12.5M
Other Operating Expenses139.9M226.1M271.4M207.9M172.0M105.3M
Operating Income(121.5M)(179.3M)6.8M(116.0M)(84.8M)(80.6M)
Ebit1.6B(92.2M)(211.6M)(108.4M)(79.9M)(75.9M)
Ebitda1.6B(82.7M)(192.3M)(91.3M)(71.8M)(68.2M)
Total Operating Expenses98.3M153.5M179.4M128.0M96.7M69.2M
Income Before Tax1.2B(73.3M)(397.1M)(134.6M)(73.7M)(70.0M)
Net Income2.5B(74.6M)(396.7M)(168.7M)(74.0M)(70.3M)
Depreciation And Amortization5.2M9.4M19.3M17.1M8.1M6.9M
Net Income From Continuing Ops1.2B(74.6M)(396.7M)(168.7M)(70.4M)(66.9M)
Cost Of Revenue41.6M72.6M92.0M79.9M75.3M39.7M
Total Other Income Expense Net1.3B146.1M129.5M(18.5M)11.1M10.6M
Net Income Applicable To Common Shares1.2B(73.1M)(396.1M)(168.7M)(151.9M)(144.3M)
Income Tax Expense(1.3B)1.3M(431K)34.2M(3.2M)(3.4M)
Research Development12.2M20.4M23.3M13.4M5.8M10.2M
Minority Interest(853K)(3.2M)1.1M282K590K619.5K
Tax Provision0.01.3M(431K)34.2M(3.2M)(3.1M)
Net Interest Income(4.2M)18.4M9.1M22.5M51.2M53.8M
Interest Income1.3B18.6M162.7M52.2M51.2M48.7M
Reconciled Depreciation3.9M7.0M15.4M13.1M8.1M7.9M
Selling And Marketing Expenses23.0M34.4M44.9M22.3M22.7M27.6M
When determining whether Cronos Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cronos' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cronos Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cronos Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cronos Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Please note, there is a significant difference between Cronos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cronos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cronos' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.