Financial Snapshot

Revenue
$157.9M
TTM
Gross Margin
42.77%
TTM
Net Earnings
-$14.13M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
127.09%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$86.84M
Q3 2024
Cash
Q3 2024
P/E
-3.684
Nov 29, 2024 EST
Free Cash Flow
-$4.445M
TTM

Revenues

Revenues

Loading...

Revenue YoY Change

Loading...

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $148.6M $134.0M $121.5M $50.90M $45.60M $11.85M $6.068M $3.564M $1.270M $90.00K $0.00
YoY Change 10.89% 10.33% 138.66% 11.6% 284.79% 95.32% 70.25% 180.6% 1311.31%

Expenses

Cost Of Revenues

Loading...

Gross Profit

Loading...

Gross Profit Margin

Loading...

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $148.6M $134.0M $121.5M $50.90M $45.60M $11.85M $6.068M $3.564M $1.270M $90.00K $0.00
Cost Of Revenue $82.68M $70.05M $55.20M $19.57M $26.90M $4.041M $2.193M $1.617M $1.304M $190.0K $30.00K
Gross Profit $65.92M $63.96M $66.26M $31.32M $18.70M $7.811M $3.875M $1.947M -$33.53K -$100.0K -$30.00K
Gross Profit Margin 44.36% 47.73% 54.55% 61.55% 41.01% 65.9% 63.86% 54.62% -2.64% -111.11%

Selling, General & Admin Expense

Loading...

Research & Development

Loading...

Depreciation, Depletion & Amortization

Loading...

SGA Expense to Gross Profit Ratio

Loading...

R&D To Gross Profit Ratio

Loading...

DDA To Gross Profit Ratio

Loading...

Operating Expenses Total

Loading...

Operating Profits/Loss

Loading...

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Selling, General & Admin $50.84M $42.63M $39.40M $16.79M $57.64M $11.84M $3.747M $1.171M $1.091M $600.0K $440.0K
YoY Change 19.26% 8.19% 134.6% -70.86% 387.0% 215.82% 219.93% 7.33% 81.89% 36.36%
% of Gross Profit 77.12% 66.65% 59.46% 53.61% 308.19% 151.52% 96.71% 60.17%
Research & Development $93.11K $0.00
YoY Change
% of Gross Profit
Depreciation & Amortization $5.500M $3.400M $2.788M $2.182M $1.197M $657.9K $362.7K $265.8K $1.206M $20.00K
YoY Change 61.76% 21.95% 27.77% 82.36% 81.9% 81.38% 36.48% -77.96% 5930.05%
% of Gross Profit 8.34% 5.32% 4.21% 6.97% 6.4% 8.42% 9.36% 13.65%
Operating Expenses $51.53M $43.59M $39.40M $16.79M $57.64M $11.84M $3.747M $1.171M $1.611M $680.0K $430.0K
YoY Change 18.23% 10.63% 134.6% -70.86% 387.0% 215.82% 219.93% -27.3% 136.93% 58.14%
Operating Profit $14.39M $20.37M $26.86M $14.53M -$38.94M -$4.024M $127.6K $775.3K -$1.645M -$780.0K -$460.0K
YoY Change -29.38% -24.18% 84.87% -137.32% 867.52% -3252.8% -83.54% -147.14% 110.85% 69.57%

Interest Expenses

Loading...

Interest Expenses To Operating Income %

Loading...

Other Expense/Income

Loading...

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Interest Expense $9.185M $1.693M -$3.354M -$9.905M -$43.23M -$3.816M -$511.5K -$454.1K -$199.7K -$100.0K -$80.00K
YoY Change 442.53% -150.47% -66.14% -77.09% 1032.68% 646.07% 12.63% 127.39% 99.72% 25.0%
% of Operating Profit 63.85% 8.31% -12.49% -68.17% -400.75% -58.58%
Other Income/Expense, Net -$20.98M -$861.0K $309.2K -$84.71K $2.949M -$2.860K $226.9K -$2.560K $0.00
YoY Change 2336.82% -378.45% -465.02% -102.87% -103209.09% -101.26%

Income/Loss

Pretax Income

Loading...

Income Tax

Loading...

Net Profits/Loss

Loading...

Pretax Income YoY Change

Loading...

Income Tax Rate

Loading...

Net Profits/Loss YoY Change

Loading...

Basic EPS

Loading...

Net Income To Revenue Ratio

Loading...

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Pretax Income -$6.596M $19.51M $23.82M $4.496M -$81.88M -$13.31M -$1.029M $321.2K -$1.847M -$7.420M -$540.0K
YoY Change -133.81% -18.09% 429.67% -105.49% 515.25% 1193.28% -420.41% -117.39% -75.11% 1274.07%
Income Tax $9.400M $5.900M $16.19M $2.067M
% Of Pretax Income 30.24% 67.99% 45.97%
Net Earnings -$16.03M $13.47M $7.225M $2.144M -$81.18M -$13.60M -$1.194M -$198.9K -$1.215M -$7.220M -$540.0K
YoY Change -219.03% 86.42% 236.97% -102.64% 496.77% 1039.29% 500.49% -83.64% -83.17% 1237.04%
Net Earnings / Revenue -10.79% 10.05% 5.95% 4.21% -178.02% -114.78% -19.68% -5.58% -95.68% -8022.22%
Basic Earnings Per Share -$0.04 $0.04 $0.02
Diluted Earnings Per Share -$0.04 $0.04 $19.40K $6.614K -$389.0K -$70.72K -$10.27K -$3.823K -$38.01K -$226.3K -$17.80K

Assets & Liabilities

Cash & Short-Term Investments

Loading...

Cash & Equivalents

Loading...

Cash To Operating Expenses Ratio

Loading...

Inventory

Loading...

Receivables

Loading...

Total Short-Term Assets

Loading...

Property, Plant And Equipment

Loading...

Long-Term Investments

Loading...

Total Long-Term Assets

Loading...

Total Assets

Loading...

Net Income To Total Assets Percentage

Loading...

Accounts Payable

Loading...

Short-Term Debt

Loading...

Long Term Debt Due

Loading...

Total Short-Term Liabilities

Loading...

Long-Term Debt

Loading...

Other Long-Term Liabilities

Loading...

Total Long-Term Liabilities

Loading...

Total Liabilities

Loading...

Short-Term To Long-Term Debt Ratio

Loading...

Short-Term Assets To Debt Ratio

Loading...

Long-Term Debt To Net Income Ratio

Loading...

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Cash & Short-Term Investments $14.73M $9.860M $29.93M $4.356M $2.188M $4.104M $1.290M $569.4K $160.9K $990.0K $40.00K
YoY Change 49.42% -67.06% 587.14% 99.11% -46.69% 218.11% 126.61% 253.95% -83.75% 2375.0%
Cash & Equivalents $14.65M $9.737M $29.68M $2.999M $738.7K $4.104M $1.290M $569.4K $160.9K $990.0K $10.00K
Short-Term Investments $88.00K $123.0K $250.6K $1.357M $1.449M $30.00K
Other Short-Term Assets $4.037M $7.986M $3.119M $2.523M $1.989M $2.315M $967.8K $552.3K $38.44K $20.00K $0.00
YoY Change -49.45% 156.08% 23.62% 26.82% -14.09% 139.24% 75.25% 1336.65% 92.2%
Inventory $25.31M $19.48M $9.768M $6.831M $1.219M
Prepaid Expenses
Receivables $7.199M $4.157M $1.666M $6.676M $1.669M $5.377M $1.453M $532.6K $467.4K $50.00K
Other Receivables $157.0K $2.666M $126.7K $658.1K $311.2K $3.912M $1.257M $784.3K $282.8K $240.0K
Total Short-Term Assets $51.43M $44.15M $44.61M $21.04M $7.377M $15.71M $4.969M $2.439M $949.4K $1.300M $40.00K
YoY Change 16.5% -1.05% 112.01% 185.26% -53.04% 216.14% 103.77% 156.85% -26.97% 3150.0%
Property, Plant & Equipment $102.1M $77.29M $67.28M $50.96M $48.69M $34.10M $25.95M $5.305M $2.181M $0.00
YoY Change 32.13% 14.88% 32.01% 4.66% 42.79% 31.38% 389.25% 143.27%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $221.0K $0.00 $1.166M $1.325M $1.672M $0.00
YoY Change -100.0% -11.99% -20.78%
Other Assets $12.54M $1.024M $97.95K $80.49K $175.9K $82.92K $246.4K $195.3K
YoY Change 1124.32% 945.43% 21.69% -54.24% 112.14% -66.35% 26.13%
Total Long-Term Assets $144.7M $108.1M $78.59M $55.40M $54.20M $67.25M $27.23M $6.125M $2.768M $350.0K $0.00
YoY Change 33.9% 37.49% 41.86% 2.23% -19.42% 146.95% 344.65% 121.24% 690.95%
Total Assets $196.1M $152.2M $123.2M $76.45M $61.57M $82.96M $32.20M $8.563M $3.718M $1.650M $40.00K
YoY Change
Accounts Payable $9.001M $6.626M $5.099M $5.045M $4.719M $3.915M $2.832M $472.2K $680.3K $0.00 $300.0K
YoY Change 35.84% 29.96% 1.06% 6.9% 20.52% 38.27% 499.72% -30.6% -100.0%
Accrued Expenses $5.494M $4.364M $4.218M $4.630M $6.313M $1.588M $1.405M $1.687M $530.0K
YoY Change 25.89% 3.47% -8.9% -26.67% 297.48% 13.02% -16.69%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $9.890K $8.859M $23.11M $3.878M $10.67M $3.475M $0.00 $0.00 $0.00
YoY Change -100.0% -99.89% -61.67% 496.04% -63.64% 206.93%
Long-Term Debt Due $1.933M $4.011M $1.427M $2.458M $262.3K $188.2K $118.6K $113.1K
YoY Change -51.81% 180.99% -41.92% 837.05% 39.35% 58.76% 4.81%
Total Short-Term Liabilities $30.86M $26.49M $27.22M $23.23M $36.72M $9.952M $15.42M $6.123M $2.400M $1.530M $1.050M
YoY Change 16.5% -2.69% 17.2% -36.75% 268.98% -35.47% 151.9% 155.16% 56.83% 45.71%
Long-Term Debt $67.79M $26.40M $17.28M $25.47M $13.02M $10.91M $5.532M $2.752M $3.250M $2.050M $0.00
YoY Change 156.75% 52.76% -32.14% 95.58% 19.42% 97.13% 101.03% -15.32% 58.54%
Other Long-Term Liabilities $8.555M $4.273M $4.674M $4.922M $5.500M $338.2K $240.0K $240.0K $0.00 $0.00
YoY Change 100.21% -8.58% -5.04% -10.5% 1526.14% 40.91% 0.0%
Total Long-Term Liabilities $76.35M $30.68M $21.96M $30.39M $18.52M $11.24M $5.772M $2.992M $3.250M $2.050M $0.00
YoY Change 148.87% 39.71% -27.75% 64.08% 64.73% 94.79% 92.93% -7.94% 58.54%
Total Liabilities $105.6M $55.66M $47.62M $53.04M $54.69M $20.98M $21.37M $9.672M $5.704M $3.340M $1.050M
YoY Change 89.66% 16.88% -10.23% -3.01% 160.73% -1.84% 120.96% 69.57% 70.77% 218.1%

Ownership

Basic Shares Outstanding

Loading...

Diluted Shares Outstanding

Loading...

Preferred Stock

Loading...

Treasury Stock Shares

Loading...

Stock Issuance & Repurchase

Loading...

Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Basic Shares Outstanding 363.4M shares 337.7M shares 326.5M shares
Diluted Shares Outstanding 363.4M shares 380.3M shares 372.4M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Loading...

Book Value

Loading...

Free Cash Flow

Loading...

Free Cash Flow YoY

Loading...

Free Cash Flow Margin

Loading...

Dividends

Dividends

Loading...

Stock Price

Loading...
Market Cap: $52.048 Million

About MARIMED INC.

MariMed, Inc. engages in direct owning of cannabis licenses and management of seed-to-sale operations. The company is headquartered in Norwood, Massachusetts and currently employs 643 full-time employees. The company went IPO on 2012-05-04. The firm develops, owns, and manages seed to sale regulatory-compliant facilities for the cultivation, production, and dispensing of medicinal and adult-use cannabis. Its products include whole flowers, pre-rolled flowers, vape cartridges, concentrates, and edibles. The Company’s Natures Heritage brand is a premium brand of cannabis flower and concentrates. Its Bettys Eddies brand is a cannabis supplement and nutrient-infused fruit chew that delivers better sleep, pain relief, stress relief, and more. Its Bubbys Baked brand is a soft and chewy baked goods and a hot chocolate mix. Its Vibations brand is a cannabis-infused hydrating drink mix for discrete. The Company’s Kalm Fusion and K Fusion are chewable cannabis-infused mint tablets and InHouse is a brand of flower, vapes, and edibles. The Company’s Community Wellness & Compassionate Care Center, Inc. (Medleaf) is located in Prince George's County, Maryland.

Industry: Medicinal Chemicals & Botanical Products Peers: Lyra Therapeutics, Inc. Citius Pharmaceuticals, Inc. DURECT CORP Ikena Oncology, Inc. JOHNSON & JOHNSON Rain Oncology Inc. ProPhase Labs, Inc. scPharmaceuticals Inc.