Canopy Growth Corp - Understand $cgc stock

$CGC Market Cap: $674.5 Million

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Financial Snapshot

Revenue

$280.5M

TTM

Gross Margin

31.56%

TTM

Net Earnings

-$564.6M

TTM

Current Assets

$391.7M

Q3 2024

Current Liabilities

$281.3M

Q3 2024

Current Ratio

139.24%

Q3 2024

Total Assets

$1.232B

Q3 2024

Total Liabilities

$722.7M

Q3 2024

Book Value

$509.7M

Q3 2024

Cash

$228.4M

Q3 2024

P/E

-1.195

Nov 29, 2024 EST

Free Cash Flow

-$110.9M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2013	2012	2011	2010	2009
Revenue	$297.1M	$402.9M	$520.3M	$546.6M	$398.8M	$12.76M	$77.95M	$39.90M	$12.70M	$2.400M	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-26.25%	-22.57%	-4.82%	37.08%	3025.42%	-83.63%	95.36%	214.17%	429.17%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2013	2012	2011	2010	2009
Revenue	$297.1M	$402.9M	$520.3M	$546.6M	$398.8M	$12.76M	$77.95M	$39.90M	$12.70M	$2.400M	$0.00	$0.00	$0.00	$0.00	$0.00
Cost Of Revenue	$216.3M	$507.0M	$713.4M	$479.7M	$430.5M	$198.1M	$44.96M	$15.30M	$32.50M	$8.100M
Gross Profit	$80.88M	-$104.1M	-$193.1M	$66.96M	-$31.68M	$28.25M	$32.99M	$24.60M	-$19.80M	-$5.700M
Gross Profit Margin	27.22%	-25.85%	-37.1%	12.25%	-7.95%	221.37%	42.32%	61.65%	-155.91%	-237.5%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2013	2012	2011	2010	2009
Selling, General & Admin	$229.4M	$456.2M	$472.8M	$575.4M	$693.7M	$392.3M	$103.5M	$38.60M	$17.30M	$10.80M	$100.0K	$0.00	$0.00	$0.00	$0.00
YoY Change	-49.71%	-3.5%	-17.84%	-17.06%	76.86%	279.06%	168.08%	123.12%	60.19%
% of Gross Profit	283.66%			859.3%		1388.74%	313.68%	156.91%
Research & Development	$4.611M	$21.72M	$32.34M	$57.58M	$61.81M	$15.24M	$2.053M	$800.0K	$700.0K	$300.0K
YoY Change	-78.77%	-32.85%	-43.83%	-6.84%	305.64%	642.23%	156.63%	14.29%	133.33%
% of Gross Profit	5.7%			85.99%		53.95%	6.22%	3.25%
Depreciation & Amortization	$28.38M	$56.74M	$76.25M	$70.91M	$73.72M	$30.06M	$8.725M	$6.070M	$2.260M	$640.0K
YoY Change	-49.99%	-25.59%	7.52%	-3.8%	145.21%	244.55%	43.74%	168.58%	253.13%
% of Gross Profit	35.08%			105.91%		106.43%	26.45%	24.67%
Operating Expenses	$309.6M	$2.744B	$505.1M	$1.310B	$1.637B	$665.7M	$152.6M	$45.50M	$20.30M	$11.10M	$100.0K	$0.00	$0.00	$0.00	$0.00
YoY Change	-88.72%	443.29%	-61.45%	-19.96%	145.95%	336.28%	235.35%	124.14%	82.88%
Operating Profit	-$228.7M	-$2.848B	-$1.083B	-$1.243B	-$1.669B	-$637.5M	-$119.6M	-$20.90M	-$40.10M	-$16.80M
YoY Change	-91.97%	163.08%	-12.93%	-25.5%	161.82%	433.0%	472.23%	-47.88%	138.69%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2013
Interest Expense	$105.4M	$126.2M	$103.9M	$8.459M	$6.716M	$2.035M	$784.0K	$5.700M	-$400.0K	$100.0K	$0.00
YoY Change	-16.49%	21.37%	1128.8%	25.95%	230.02%	159.57%	-86.25%	-1525.0%	-500.0%
% of Operating Profit
Other Income/Expense, Net	-$242.6M	-$466.0M	$753.3M	-$387.9M	$224.3M	-$59.71M	$69.61M	-$700.0K	$0.00	-$1.000M
YoY Change	-47.93%	-161.86%	-294.22%	-272.9%	-475.7%	-185.77%	-10044.86%		-100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2013	2012	2011	2010	2009
Pretax Income	-$471.4M	-$3.314B	-$329.4M	-$1.684B	-$1.509B	-$707.9M	-$51.46M	-$10.30M	-$3.400M	-$9.300M	-$100.0K	$0.00	$0.00	$0.00	$0.00
YoY Change	-85.78%	906.07%	-80.44%	11.59%	113.17%	1275.76%	399.57%	202.94%	-63.44%
Income Tax	$12.33M	-$4.774M	-$8.948M	-$13.14M	-$121.6M	$4.112M	-$392.0K	-$2.700M	$100.0K		$0.00	$0.00	$0.00	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$657.3M	-$3.278B	-$320.5M	-$1.745B	-$1.321B	-$736.3M	-$67.28M	-$7.500M	-$3.500M	-$9.300M	-$100.0K	$0.00	$0.00	$0.00	$0.00
YoY Change	-79.95%	922.87%	-81.63%	32.06%	79.46%	994.3%	797.11%	114.29%	-62.37%
Net Earnings / Revenue	-221.19%	-813.63%	-61.59%	-319.2%	-331.35%	-5770.68%	-86.32%	-18.8%	-27.56%	-387.5%
Basic Earnings Per Share	-$8.79	-$7.07	-$0.79	-$4.69	-$3.80	-$2.76
Diluted Earnings Per Share	-$8.79	-$7.07	-$772.2K	-$4.694M	-$3.80	-$2.76	-$379.6K	-$63.03K	-$45.45K	-$288.8K	-$100.0K	$0.00	$0.00	$0.00	$0.00

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2013	2012	2011	2010	2009
Cash & Short-Term Investments	$203.5M	$782.6M	$1.372B	$2.299B	$1.977B	$4.515B	$322.6M	$101.8M	$15.40M	$21.40M	$500.0K	$500.0K	$600.0K	$600.0K	$200.0K
YoY Change	-74.0%	-42.94%	-40.34%	16.33%	-56.22%	1299.57%	216.9%	561.04%	-28.04%		0.0%	-16.67%	0.0%	200.0%
Cash & Equivalents	$54.87M	$214.5M	$305.3M	$718.1M	$623.6M	$777.3M			$15.40M	$21.40M	$0.00	$0.00	$0.00	$0.00
Short-Term Investments	$33.16M	$105.6M	$595.7M	$1.145B	$673.3M	$2.034B	$0.00	$85.10M			$500.0K	$500.0K	$600.0K	$600.0K	$200.0K
Other Short-Term Assets	$38.58M	$51.76M	$64.92M	$78.50M	$106.6M	$107.1M	$19.80M	$10.40M	$500.0K	$2.800M	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-25.47%	-20.26%	-17.3%	-26.36%	-0.47%	440.91%	90.38%	1980.0%	-82.14%
Inventory	$77.29M	$148.9M	$204.4M	$368.0M	$391.1M	$190.1M	$118.0M	$60.70M	$27.50M	$4.400M
Prepaid Expenses
Receivables	$44.94M	$66.82M	$78.06M	$67.10M	$51.20M	$61.80M	$5.900M	$2.800M	$1.100M	$300.0K
Other Receivables	$6.904M	$27.17M	$18.38M	$25.30M	$39.00M	$45.20M	$15.50M	$3.000M	$400.0K	$500.0K
Total Short-Term Assets	$371.2M	$1.077B	$1.737B	$2.838B	$2.564B	$4.919B	$481.8M	$178.8M	$44.80M	$29.40M	$500.0K	$500.0K	$600.0K	$600.0K	$200.0K
YoY Change	-65.54%	-38.0%	-38.79%	10.68%	-47.87%	920.98%	169.46%	299.11%	52.38%		0.0%	-16.67%	0.0%	200.0%
Property, Plant & Equipment	$320.1M	$499.5M	$942.8M	$1.075B	$1.525B	$1.096B	$303.7M	$96.30M	$45.00M	$18.40M
YoY Change	-35.91%	-47.02%	-12.26%	-29.53%	39.09%	260.98%	215.37%	114.0%	144.57%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$437.6M	$568.3M	$800.3M	$708.3M	$315.1M	$475.8M	$226.6M	$24.00M
YoY Change	-22.99%	-28.99%	12.99%	124.79%	-33.77%	109.97%	844.17%
Other Assets	$24.13M	$19.80M	$15.34M	$5.000M	$22.60M	$25.90M	$8.300M	$0.00	$800.0K						$0.00
YoY Change	21.82%	29.08%	206.84%	-77.88%	-12.74%	212.05%		-100.0%
Total Long-Term Assets	$929.2M	$1.362B	$3.878B	$3.985B	$4.293B	$3.646B	$955.0M	$523.9M	$98.60M	$18.40M	$0.00	$0.00	$0.00	$0.00	$100.0K
YoY Change	-31.77%	-64.88%	-2.7%	-7.17%	17.75%	281.78%	82.29%	431.34%	435.87%					-100.0%
Total Assets	$1.300B	$2.439B	$5.615B	$6.824B	$6.858B	$8.565B	$1.437B	$702.7M	$143.4M	$47.80M	$500.0K	$500.0K	$600.0K	$600.0K	$300.0K
YoY Change
Accounts Payable	$28.67M	$76.23M	$64.27M	$67.30M	$123.4M	$188.9M	$46.20M	$15.40M	$6.100M	$4.300M	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-62.39%	18.62%	-4.5%	-45.46%	-34.67%	308.87%	200.0%	152.46%	41.86%
Accrued Expenses	$33.20M	$85.13M	$87.03M	$112.3M	$80.00M	$37.60M	$43.40M
YoY Change	-61.0%	-2.18%	-22.5%	40.38%	112.77%	-13.36%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$107.4M	$576.4M	$35.58M	$40.40M	$41.70M	$103.7M	$1.600M	$1.700M	$600.0K	$200.0K
YoY Change	-81.37%	1520.14%	-11.93%	-3.12%	-59.79%	6381.25%	-5.88%	183.33%	200.0%
Total Short-Term Liabilities	$234.7M	$803.8M	$212.9M	$284.3M	$420.6M	$411.7M	$92.00M	$17.70M	$7.200M	$4.500M	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-70.8%	277.57%	-25.12%	-32.41%	2.16%	347.5%	419.77%	145.83%	60.0%
Long-Term Debt	$525.8M	$789.6M	$1.535B	$1.605B	$500.7M	$842.3M	$6.900M	$8.600M	$3.500M	$1.700M	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-33.41%	-48.55%	-4.37%	220.55%	-40.56%	12107.25%	-19.77%	145.71%	105.88%
Other Long-Term Liabilities	$39.30M	$85.24M	$220.9M	$1.291B	$711.5M	$134.0M	$61.20M	$800.0K	$1.500M	$200.0K
YoY Change	-53.89%	-61.41%	-82.89%	81.43%	430.97%	118.95%	7550.0%	-46.67%	650.0%
Total Long-Term Liabilities	$565.1M	$874.9M	$1.756B	$2.896B	$1.212B	$976.3M	$68.10M	$9.400M	$5.000M	$1.900M	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-35.41%	-50.17%	-39.37%	138.9%	24.16%	1333.63%	624.47%	88.0%	163.16%
Total Liabilities	$800.0M	$1.629B	$1.981B	$3.220B	$1.931B	$1.783B	$278.0M	$63.00M	$19.60M	$6.400M	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-50.9%	-17.75%	-38.49%	66.76%	8.32%	541.29%	341.27%	221.43%	206.25%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021
Basic Shares Outstanding	74.79M	463.7M	391.3M	371.7M
Diluted Shares Outstanding	74.79M	463.7M	391.3M	371.7M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $674.48 Million

About Canopy Growth Corp

Canopy Growth Corp. engages in the production, distribution, and sale of cannabis and cannabinoid-based products for both adult-use and medical purposes. The company is headquartered in Smiths Falls, Ontario and currently employs 1,029 full-time employees. The company went IPO on 2010-06-04. The firm delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space. Its CPG portfolio includes gourmet wellness products by Martha Stewart CBD, and vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution, and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a diverse range of cannabis, hemp, and cannabis products in Canada. Its Rest-of-world cannabis segment includes the production, distribution, and sale of a diverse range of cannabis and hemp products internationally. Its Storz & Bickel segment includes the production, distribution, and sale of vaporizers.

Industry: Medicinal Chemicals & Botanical Products Peers: SNDL Inc.