Financial Snapshot

Revenue
$318.9M
TTM
Gross Margin
48.43%
TTM
Net Earnings
-$86.65M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
134.73%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$207.1M
Q3 2024
Cash
Q3 2024
P/E
-6.351
Nov 29, 2024 EST
Free Cash Flow
$28.01M
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
Revenue $317.3M $247.8M $210.4M $147.8M $66.51M $5.349M $0.00 $0.00 $0.00 $0.00
YoY Change 28.04% 17.78% 42.34% 122.29% 1143.3%

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
Revenue $317.3M $247.8M $210.4M $147.8M $66.51M $5.349M $0.00 $0.00 $0.00 $0.00
Cost Of Revenue $157.6M $146.3M $98.32M $66.81M $59.98M $6.719M
Gross Profit $159.7M $101.5M $112.1M $81.02M $6.526M -$1.370M
Gross Profit Margin 50.33% 40.96% 53.28% 54.81% 9.81% -25.61%

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
Selling, General & Admin $115.2M $115.6M $80.97M $65.53M $48.33M $19.33M $5.025M $679.4K $600.0K $300.0K
YoY Change -0.35% 42.75% 23.56% 35.59% 149.99% 284.77% 639.63% 13.23% 100.0%
% of Gross Profit 72.13% 113.88% 72.23% 80.89% 740.6%
Research & Development $0.00 $0.00 $317.0K $555.6K $110.5K
YoY Change -100.0% -42.94% 402.84%
% of Gross Profit 0.0% 0.0% 0.39% 8.51%
Depreciation & Amortization $11.52M $10.04M $15.39M $10.43M $2.332M $618.3K $175.5K $0.00 $0.00
YoY Change 14.68% -34.74% 47.51% 347.36% 277.19% 252.22%
% of Gross Profit 7.21% 9.89% 13.73% 12.88% 35.73%
Operating Expenses $182.7M $437.4M $88.63M $71.41M $53.20M $19.86M $5.216M $679.4K $600.0K $300.0K
YoY Change -58.23% 393.54% 24.11% 34.24% 167.83% 280.79% 667.78% 13.23% 100.0%
Operating Profit -$23.00M -$335.9M $23.48M $9.607M -$46.67M -$21.23M
YoY Change -93.15% -1530.95% 144.35% -120.58% 119.82%

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
Interest Expense -$37.33M $25.73M $33.23M -$118.3M -$9.317M -$3.536M $28.43K -$188.00 $0.00 $0.00
YoY Change -245.11% -22.57% -128.09% 1169.66% 163.5% -12536.77% -15222.34%
% of Operating Profit 141.55% -1231.29%
Other Income/Expense, Net $301.0K $206.0K -$3.666M -$19.12M -$48.47M $0.00 $28.70K $0.00
YoY Change 46.12% -105.62% -80.83% -60.55% -100.0%

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
Pretax Income -$58.83M -$310.2M $34.45M -$131.5M -$170.3M -$24.62M -$5.333M -$679.6K -$600.0K -$300.0K
YoY Change -81.03% -1000.42% -126.2% -22.79% 591.73% 361.66% 684.78% 13.26% 100.0%
Income Tax $23.45M -$10.78M $28.31M $10.77M $1.273M $551.7K
% Of Pretax Income 82.19%
Net Earnings -$86.73M -$325.4M $3.111M -$139.2M -$169.1M -$25.08M -$5.333M -$679.6K -$600.0K -$300.0K
YoY Change -73.34% -10558.08% -102.23% -17.68% 574.21% 370.3% 684.78% 13.26% 100.0%
Net Earnings / Revenue -27.33% -131.28% 1.48% -94.16% -254.26% -468.88%
Basic Earnings Per Share -$0.35 -$1.35 $0.02 -$1.03
Diluted Earnings Per Share -$0.35 -$1.35 $14.91K -$929.6K -$1.698M -$266.9K -$141.7K -$25.18K -$0.02 -$0.01

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
Cash & Short-Term Investments $24.15M $29.75M $79.64M $59.23M $9.690M $23.77M $40.61M $2.612M $98.99K $59.84K
YoY Change -18.82% -62.64% 34.47% 511.23% -59.24% -41.46% 1454.79% 2538.28% 65.42%
Cash & Equivalents $22.24M $26.16M $79.64M $59.23M $9.325M $17.06M $40.61M $2.612M $98.99K $100.0K
Short-Term Investments $1.913M $3.595M $364.4K $6.708M $0.00
Other Short-Term Assets $8.004M $23.46M $6.336M $4.903M $30.45M $1.465M $78.26K $14.94K $157.2K $297.0K
YoY Change -65.89% 270.3% 29.23% -83.9% 1977.7% 1772.43% 423.7% -90.49% -47.09%
Inventory $51.68M $46.34M $42.32M $20.56M $20.30M $12.06M $1.069M $0.00
Prepaid Expenses
Receivables $17.49M $4.230M $14.19M $10.66M $6.264M $4.264M $89.85K $141.3K $0.00
Other Receivables $1.562M $18.21M $728.0K $195.0K $4.400M $4.515M $0.00 $0.00 $25.47K
Total Short-Term Assets $102.9M $122.0M $143.2M $95.55M $71.10M $46.07M $42.08M $2.716M $397.5K $382.3K
YoY Change -15.66% -14.82% 49.9% 34.38% 54.32% 9.5% 1448.94% 583.44% 3.96%
Property, Plant & Equipment $239.7M $245.3M $170.3M $133.5M $88.28M $19.93M $11.78M $314.1K $141.7K $0.00
YoY Change -2.29% 44.0% 27.61% 51.2% 343.03% 69.11% 3651.82% 121.67%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $1.379M $1.018M $2.141M $0.00
YoY Change -100.0% 35.47% -52.45%
Other Assets $1.191M $4.299M $9.080M $13.34M $11.70M
YoY Change -72.3% -52.65% -31.93% 13.97%
Total Long-Term Assets $563.6M $579.6M $438.7M $331.7M $290.0M $23.65M $12.04M $314.1K $141.7K $0.00
YoY Change -2.75% 32.11% 32.26% 14.39% 1125.92% 96.4% 3734.8% 121.67%
Total Assets $666.5M $701.6M $581.9M $427.2M $361.1M $69.73M $54.12M $3.030M $539.1K $382.3K
YoY Change
Accounts Payable $49.90M $44.29M $30.34M $27.38M $18.78M $13.28M $1.271M $403.2K $57.35K $29.13K
YoY Change 12.67% 45.97% 10.8% 45.78% 41.44% 944.68% 215.3% 603.01% 96.88%
Accrued Expenses $1.244M $521.0K
YoY Change 138.77%
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
YoY Change
Long-Term Debt Due $139.8M $50.19M $10.03M $6.759M $50.33M $9.939M
YoY Change 178.46% 400.42% 48.39% -86.57% 406.39%
Total Short-Term Liabilities $207.0M $137.9M $70.36M $93.48M $112.0M $24.35M $1.326M $1.400M $1.108M $719.4K
YoY Change 50.1% 95.99% -24.73% -16.5% 359.72% 1736.53% -5.27% 26.35% 53.99%
Long-Term Debt $69.31M $152.6M $207.1M $200.3M $31.14M $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -54.57% -26.32% 3.38% 543.1%
Other Long-Term Liabilities $132.3M $59.25M $61.29M $138.8M $137.8M
YoY Change 123.3% -3.33% -55.86% 0.76%
Total Long-Term Liabilities $201.6M $211.8M $268.3M $339.1M $168.9M $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -4.82% -21.07% -20.87% 100.74%
Total Liabilities $424.0M $382.8M $358.3M $444.4M $308.8M $25.47M $1.326M $1.400M $1.108M $719.4K
YoY Change 10.77% 6.82% -19.36% 43.89% 1112.31% 1821.1% -5.27% 26.35% 53.99%

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
Basic Shares Outstanding 279.3M 244.4M 181.1M 149.7M
Diluted Shares Outstanding 279.3M 244.4M 208.7M 149.7M
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: $550.27 Million

About TerrAscend Corp.

TerrAscend Corp. produces and sells medical cannabis products. The company is headquartered in Mississauga, Ontario. The company went IPO on 2017-05-03. The firm provides cannabis products, brands, and services to the United States and Canadian cannabinoid markets. The company operates in Pennsylvania, New Jersey, Maryland, Michigan and California through TerrAscend Growth Corp. (TerrAscend Growth) and retail operations in Canada. The firm operates The Apothecarium and Gage dispensary retail locations as well as scaled cultivation, processing, and manufacturing facilities in its core markets. The company also operates Peninsula Alternative Health, a medical dispensary in Maryland. The firm owns or licenses several synergistic businesses and brands, including Gage Cannabis, The Apothecarium, Cookies, Lemonnade, Ilera Healthcare, Kind Tree, Legend, State Flower, and Valhalla Confections. Ilera Healthcare is a medical cannabis cultivator, processor and dispenser with operations in New Jersey. Valhalla Confections is a manufacturer of cannabis-infused edibles.

Industry: Agricultural Production-Crops Peers: SNDL Inc.