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Income Statement
Balance Sheet
Cash Flow Statement
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Op Efficiency
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Clever Leaves Holdings Inc.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21
   10-Q10-Q8-K10-Q10-Q10-K10-Q10-Q
Revenue, net  5.04.03.34.15.04.24.03.7
            Revenue, net growth  21.5%-21.1%-18.0%11.7%45.0%25.3%2.9%89.4%
Cost of sales  -2.3-1.7 -1.6-2.4-4.5-1.5-1.9
    Gross profit  2.72.20.32.52.6-0.32.51.8
            Gross margin  54.7%56.2%8.5%60.5%51.4%-6.9%62.9%48.1%
   
Expenses          
General and administrative  4.85.46.16.47.08.011.110.3
Sales and marketing  0.50.50.60.70.71.50.80.2
Research and development  0.40.20.30.40.4  0.3
Restructuring expenses    -0.1 3.8   
Depreciation and amortization  0.20.2 0.30.30.30.30.5
    Total expenses  14.315.426.018.828.461.529.726.5
    Loss from operations  -3.2-4.1-26.2-5.3-9.7-30.2-9.7-9.6
            Operating margin  -63.7%-103.8%-792.5%-130.4%-192.8%-718.9%-240.2%-261.5%
   
Other Expense (Income), net          
Interest and amortization of debt issuance cost  0.00.0 0.62.19.2-0.50.9
Loss (Gain) on remeasurement of warrant liability  0.00.0 -1.3-0.5   
Gain on investment     -6.9    
Loss on debt extinguishment, net      2.30.1-3.4 
Foreign exchange loss  0.10.00.80.30.20.10.30.1
Other (income) expense, net  0.00.00.10.10.10.4-1.00.5
Total other expenses (income), net  0.20.00.0-7.24.0-7.2-10.7-0.7
    Loss (income) before income taxes and equity investment loss  -3.3-4.2-26.81.9-13.8-23.01.0-8.9
Equity investment share of loss      0.10.10.00.0
    Loss (income) from continuing operations  -3.3-4.2 1.9-13.8   
Loss from discontinued operations  -0.30.1 -2.9-2.3   
    Net loss  -3.6-4.1-20.2-1.0-16.1-24.01.0-9.0
   
Net loss per share:          
Basic from continuing operations (USD per share)  0.00.0 0.00.0   
Diluted from continuing operations (USD per share)  0.00.0 0.00.0   
Basic from discontinued operations (USD per share)  0.0  0.00.0   
Diluted from discontinued operations (USD per share)  0.0  0.00.0   
   
    Net loss per share - basic (USD per share)  ($0.08)($0.09)($0.48)($0.03)($0.58)($0.93)$0.04($0.35)
    Net loss per share - diluted (USD per share)  ($0.08)($0.09)($0.48)($0.03)($0.58)($0.93)$0.04($0.35)
   
Weighted-average common shares outstanding - basic (in shares)  44.943.942.239.628.025.725.825.6
Weighted-average common shares outstanding - diluted (in shares)  44.943.942.239.628.025.725.825.6
Weighted-average common shares outstanding per share, basic (USD per share)  0.0  0.0    
Weighted-average common shares outstanding per share, diluted (USD per share)  0.0  0.0    

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