Financial Snapshot

Revenue
$14.50M
TTM
Gross Margin
40.38%
TTM
Net Earnings
-$5.378M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
16.03%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$2.623M
Q3 2024
Cash
Q3 2024
P/E
-0.6228
Nov 29, 2024 EST
Free Cash Flow
-$627.2K
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $18.14M $13.44M $5.913M $2.280M $3.666M $1.737M $3.522M $2.982M $1.763M $240.2K
YoY Change 34.9% 127.38% 159.35% -37.82% 111.04% -50.68% 18.11% 69.14% 633.93%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $18.14M $13.44M $5.913M $2.280M $3.666M $1.737M $3.522M $2.982M $1.763M $240.2K
Cost Of Revenue $11.56M $8.577M $4.439M $1.389M $2.467M $1.456M $2.786M $1.994M $1.423M $68.54K
Gross Profit $6.572M $4.867M $1.473M $891.2K $1.199M $281.6K $736.4K $988.5K $340.0K $171.7K
Gross Profit Margin 36.24% 36.2% 24.92% 39.09% 32.71% 16.21% 20.91% 33.15% 19.28% 71.47%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Selling, General & Admin $9.673M $6.558M $2.765M $2.902M $4.380M $10.79M $7.436M $6.307M $7.301M $2.641M
YoY Change 47.5% 137.2% -4.73% -33.74% -59.41% 45.11% 17.9% -13.61% 176.42%
% of Gross Profit 147.17% 134.74% 187.67% 325.61% 365.21% 3832.12% 1009.81% 638.03% 2147.53% 1538.5%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $874.4K $331.4K $511.9K $217.6K $196.2K $149.5K $125.9K $394.2K $282.8K $66.26K
YoY Change 163.87% -35.27% 135.23% 10.9% 31.27% 18.74% -68.06% 39.38% 326.85%
% of Gross Profit 13.3% 6.81% 34.75% 24.42% 16.36% 53.1% 17.1% 39.88% 83.2% 38.6%
Operating Expenses $10.55M $6.558M $2.765M $2.902M $4.380M $10.85M $7.562M $6.701M $7.583M $2.707M
YoY Change 60.83% 137.2% -4.73% -33.74% -59.64% 43.52% 12.85% -11.63% 180.1%
Operating Profit -$3.975M -$3.175M -$3.013M -$5.875M -$8.862M -$10.57M -$6.826M -$5.713M -$7.243M -$2.536M
YoY Change 25.19% 5.37% -48.71% -33.71% -16.17% 54.87% 19.48% -21.13% 185.65%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Interest Expense -$2.574M $983.2K $622.5K $453.5K $345.4K -$4.558M -$1.370M -$938.9K -$1.543M -$4.394M
YoY Change -361.84% 57.95% 37.25% 31.31% -107.58% 232.81% 45.89% -39.15% -64.89%
% of Operating Profit
Other Income/Expense, Net $492.2K -$6.101M -$5.414M -$1.553M -$4.947M -$182.1K
YoY Change -108.07% 12.68% 248.62% -68.6% 2615.81%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Pretax Income -$6.894M -$9.276M -$8.427M -$7.428M -$13.81M -$16.14M -$8.221M -$10.17M -$8.786M -$6.930M
YoY Change -25.67% 10.07% 13.46% -46.21% -14.42% 96.27% -19.13% 15.7% 26.78%
Income Tax $187.9K $204.9K $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$7.100M -$9.500M -$8.900M -$7.700M -$15.50M -$16.97M -$8.221M -$10.17M -$8.786M -$6.930M
YoY Change -25.26% 6.74% 15.58% -50.32% -8.68% 106.47% -19.13% 15.7% 26.78%
Net Earnings / Revenue -39.15% -70.66% -150.52% -337.74% -422.76% -977.04% -233.41% -340.91% -498.38% -2885.03%
Basic Earnings Per Share -$0.06 -$0.10 -$0.13
Diluted Earnings Per Share -$0.06 -$0.10 -$127.5K -$150.9K -$406.3K -$485.8K -$401.5K -$656.3K -$626.8K -$514.8K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Cash & Short-Term Investments $969.7K $2.584M $2.054M $750.2K $122.4K $7.957M $5.037M $773.8K $58.71K $165.5K $430.0K
YoY Change -62.47% 25.79% 173.79% 512.97% -98.46% 57.98% 550.92% 1218.0% -64.53% -61.5%
Cash & Equivalents $969.7K $2.584M $2.054M $750.2K $122.4K $7.957M $5.037M $773.8K $58.71K
Short-Term Investments
Other Short-Term Assets $235.3K $259.6K $149.1K $567.7K $969.6K $440.9K $672.6K $76.49K $46.73K $22.40K $0.00
YoY Change -9.38% 74.13% -73.74% -41.45% 119.93% -34.45% 779.38% 63.68% 108.62%
Inventory $860.9K $2.067M $1.123M $371.8K $123.3K $34.77K $7.980K $15.52K $70.34K
Prepaid Expenses
Receivables $111.9K $41.37K $80.19K $510.0K $85.20K $415.6K $446.2K $182.2K $124.6K $18.32K
Other Receivables $176.7K $0.00 $73.00K $350.0K $375.0K $50.00K $0.00 $77.21K $0.00 $0.00
Total Short-Term Assets $2.354M $4.951M $3.479M $2.550M $1.552M $8.987M $6.190M $1.118M $245.5K $276.6K $430.0K
YoY Change -52.45% 42.31% 36.46% 64.26% -82.73% 45.17% 453.86% 355.23% -11.24% -35.67%
Property, Plant & Equipment $3.375M $5.814M $3.745M $2.292M $1.507M $1.463M $1.294M $1.715M $1.725M $1.707M $450.0K
YoY Change -41.96% 55.24% 63.44% 52.04% 3.02% 13.09% -24.55% -0.61% 1.05% 279.42%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $208.8K $250.0K $250.0K $0.00
YoY Change -16.5% 0.0%
Other Assets $99.11K $0.00 $0.00
YoY Change
Total Long-Term Assets $20.89M $26.74M $18.54M $5.969M $1.950M $1.755M $1.414M $1.740M $3.437M $1.790M $450.0K
YoY Change -21.88% 44.21% 210.69% 206.14% 11.08% 24.18% -18.77% -49.37% 91.97% 297.88%
Total Assets $23.25M $31.69M $22.02M $8.519M $3.502M $10.74M $7.604M $2.858M $3.683M $2.067M $880.0K
YoY Change
Accounts Payable $1.562M $1.109M $621.6K $1.195M $879.4K $131.0K $997.8K $363.6K $293.5K $0.00 $40.00K
YoY Change 40.87% 78.4% -47.97% 35.86% 571.41% -86.87% 174.4% 23.88% -100.0%
Accrued Expenses $3.741M $2.862M $2.337M $801.6K $515.9K $394.7K $445.3K $9.810K $1.617M $402.4K
YoY Change 30.71% 22.47% 191.55% 55.38% 30.7% -11.36% 4439.35% -99.39% 301.88%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $99.67K $0.00 $0.00 $0.00 $800.0K $0.00 $0.00
YoY Change -100.0% -100.0%
Long-Term Debt Due $1.298M $1.959M $1.094M $2.231M $5.274M $2.547M $0.00 $986.5K $6.340K $10.00K
YoY Change -33.76% 79.01% -57.7% 107.03% -100.0% 15459.62% -36.6%
Total Short-Term Liabilities $7.365M $6.140M $4.081M $3.130M $6.245M $6.191M $4.098M $23.54M $3.730M $4.386M $50.00K
YoY Change 19.95% 50.46% 30.38% -49.88% 0.87% 51.07% -82.59% 531.04% -14.95% 8671.62%
Long-Term Debt $14.52M $16.61M $5.908M $2.889M $0.00 $0.00 $0.00 $2.185M $151.4K $1.056M $610.0K
YoY Change -12.59% 181.09% 104.53% -100.0% 1343.45% -85.66% 73.08%
Other Long-Term Liabilities $1.218M $2.542M $2.428M $1.499M $0.00 $8.850K $9.200K $0.00 $0.00
YoY Change -52.06% 4.69% 61.93% -100.0% -3.8%
Total Long-Term Liabilities $15.73M $19.15M $8.336M $4.388M $0.00 $0.00 $0.00 $2.194M $160.6K $1.056M $610.0K
YoY Change -17.83% 129.71% 89.97% -100.0% 1266.27% -84.79% 73.08%
Total Liabilities $23.10M $25.29M $12.42M $7.518M $6.245M $6.191M $4.098M $25.73M $3.891M $5.589M $660.0K
YoY Change -8.66% 103.66% 65.16% 20.38% 0.87% 51.07% -84.08% 561.39% -30.38% 746.76%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Basic Shares Outstanding 117.2M shares 97.17M 69.54M
Diluted Shares Outstanding 117.2M shares 97.17M 69.54M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $3.3494 Million

About TREES Corp (Colorado)

TREES Corp. is a holding company, which is engaged in the provision of lease growing space and related facilities to licensed marijuana business operators. The company is headquartered in Lakewood, Colorado and currently employs 91 full-time employees. The company went IPO on 2011-01-21. The firm operates through two segments: Retail and Cultivation. The company operates about six cannabis dispensaries, which includes Englewood Dispensary, Longmont Dispensary, Hampden Dispensary, 102nd Street Dispensary, Waterfront Dispensary, and MLK Dispensary. The company also operates two cultivation facilities in Colorado, such as SevenFive Cultivation Facility and Hillside Cultivation Facility. The company operates a licensed 17,000 square foot light deprivation greenhouse cultivation facility. Its dispensaries carry a variety of classic and boutique flower strains, concentrates, cartridges, edibles, drinkables, and smoking accessories. Its subsidiaries include Green Man Cannabis, LLC, Green Tree Colorado LLC, GT Cultivation LLC, SevenFive Farms, LLC, SevenFive Farms Cultivation, LLC, General Cannabis Capital Corporation, and Standard Cann, Inc., among others.

Industry: Retail-Drug Stores and Proprietary Stores Peers: Global AI, Inc. Correlate Energy Corp. HIGH WIRE NETWORKS, INC. Where Food Comes From, Inc. PUBLIC CO MANAGEMENT CORP Mistras Group, Inc. PINEAPPLE, INC.