Verano Holdings Corp.

VRNO · OTCM

CIK 1848416fmd_1ZCKH83ME95ZBP21143CC764PCAgriculture, Forestry and Fishing · Agricultural Production-CropsTemplate: Standard

Coverage: Jan 01, 2020 to Sep 30, 2026, 23 periods

Income Statement · Annual · Millions · USD
Line item	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	229	738	879	938	879	822
Cost of revenue	93	407	456	463	435	408
Gross profit	136	331	423	475	444	413
Selling, general and administrative	43	271	357	332	353	337
Total operating expenses	43	271	586	390	681	521
Operating income	95	65	(161)	85	(237)	(107)
Other non-operating income (expense)	(13)	(16)	(2)	(57)	(63)	(59)
Income before taxes	82	49	(163)	28	(300)	(166)
Income tax expense	42	104	105	145	42	92
Net income from continuing operations	40	(55)	(269)	(117)	(342)	(258)
Net income	38	(58)	(269)	(117)	(342)	(258)