Verano Holdings (Verano Holdings) Pre-Tax Income : $27.8 Mil (TTM As of Dec. 2023)

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What is Verano Holdings Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Verano Holdings's pretax income for the three months ended in Dec. 2023 was $-32.9 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $27.8 Mil. Verano Holdings's pretax margin was -13.89%.

During the past 5 years, Verano Holdings's highest Pretax Margin was 36.08%. The lowest was -18.58%. And the median was 4.80%.

Verano Holdings Pre-Tax Income Historical Data

The historical data trend for Verano Holdings's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Verano Holdings Pre-Tax Income Chart

Verano Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

-0.06

82.45

48.99

-163.40

27.80

Verano Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Pre-Tax Income	Get a 7-Day Free Trial															-216.64	19.08	14.62	27.03	-32.94

Competitive Comparison of Verano Holdings's Pre-Tax Income

For the Drug Manufacturers - Specialty & Generic subindustry, Verano Holdings's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Verano Holdings's Pre-Tax Income Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Verano Holdings's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Verano Holdings's Pre-Tax Income falls into.

Verano Holdings Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Verano Holdings's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	143.278	+	-55.687	+	-59.793	+	0	+	1.0658141036402E-14
	=	27.8

Verano Holdings's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	31.907	+	-50.134	+	-14.709	+	0	+	0
	=	-32.9

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $27.8 Mil.

Verano Holdings (OTCPK:VRNOF) Pre-Tax Income Explanation

Verano Holdings's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-32.936	/	237.189
	=	-13.89%

During the past 5 years, Verano Holdings's highest Pretax Margin was 36.08%. The lowest was -18.58%. And the median was 4.80%.

Verano Holdings Pre-Tax Income Related Terms

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Verano Holdings (Verano Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Verano Holdings Corp (OTCPK:VRNOF) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

VRNO:Canada

Address

415 North Dearborn Street, 4th Floor, Chicago, IL, USA, 60654

Website

https://www.veranogrown.com

Verano Holdings Corp is a vertically integrated multi?state cannabis operator in the United States. The company derives its revenues from its wholesale business and its retail dispensary chains. The retail business includes the design, build-out and operation of branded dispensaries in both medical and adult-use markets. The company's consumer brands include Encore, Avexia, MÜV, Savvy, BITS and Verano. The company's retail dispensaries operate under brands including Zen Leaf and MÜV.