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Lowell Farms Inc. Add to portfolio


Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18
Revenues43.553.742.637.017.2
            Revenue growth-19.0%26.1%15.0%115.4% 
Cost of goods sold45.451.240.447.813.1
Gross profit-1.82.52.2-10.74.1
            Gross margin-4.2%4.6%5.2%-29.0%23.6%
Sales and marketing5.38.65.28.02.5
General and administrative9.613.911.825.88.8
EBITA-17.1-21.38.14.5-7.3
            EBITA margin-39.3%-39.7%19.1%12.1%-42.5%
Amortization of intangibles0.0 0.10.10.0
EBIT-17.1-21.38.14.4-7.3
            EBIT margin-39.3%-39.7%19.0%11.9%-42.6%
Pre-tax income-24.4-24.52.20.3-8.6
Income taxes0.20.20.20.20.1
            Tax rate  10.2%80.7% 
Net income-24.6-24.7-21.9-49.9-8.7
            Net margin-56.4%-45.9%-51.4%-134.8%-50.6%
 
Diluted EPS($0.22)($0.27)($0.65)($1.59) 
Shares outstanding (diluted)113.290.733.931.4 
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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