Name: TCNNF Income Statement - Trulieve Cannabis Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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TCNNF - Trulieve Cannabis Corp.

USD | OTC Markets | Healthcare

TCNNF Income Statement - Trulieve Cannabis Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20
Revenues
Revenues	286.8	293.1	288.2	302.1	297.8	301.1	284.3	303.4	297.6	287.0	275.2	281.8	285.2	291.3	295.4	313.8

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Revenues
Revenues	1,170.2	1,181.2	1,186.5	1,129.2	1,218.2	931.9	521.5	252.8
Cost of Revenue	472.1	470.0	470.7	540.6	529.1	365.4	135.1	61.0
Gross Profit	698.0	711.2	715.7	588.6	689.1	566.6	386.4	191.8
Operating Expenses
Research & Development	-	-	-	-	-	-	-	-
Selling General & Administrative	431.3	445.2	510.5	386.2	-
Operating Income
Operating Income	145.9	143.5	97.8	(221.6)	50.2	204.1	218.3	113.3
Non-Operating
Interest Income	14.1	14.5	14.7	6.2	1.6	0.2	-	-
Interest Expense	60.5	63.5	62.2	81.6	73.4	29.1
Tax & Net
Income Tax Expense	177.5	208.1	197.6	151.4	163.4	145.7	94.5	50.6
Net Income From Continuing Ops	(81.1)	(116.6)	(154.9)	(435.9)	(182.6)
Per Share
EPS Basic	(0.42)	(0.58)	(0.79)	(2.28)	(0.95)	0.22	0.55	0.48
EPS Diluted	(0.41)	(0.58)	(0.79)	(2.28)	(0.95)	0.21
Supplementary Data
EBITDA	263.9	261.1	210.6	(111.8)	166.5	249.8	230.9	118.4
EBIT	145.9	143.5	97.8	(221.6)	50.2	204.1

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling General & Administrative	104.9	126.3	99.0	101.1	118.8	157.9	148.6	102.6	101.3	-	-	-	-	-	-	-
Selling & Marketing	-	-	-	-	-	66.7	66.7	63.2	61.1	59.0	59.4	61.1	60.7	56.5	74.3	73.9	72.8
General & Administrative	-	-	-	-	-	91.2	81.9	39.4	40.2	37.3	34.5	34.9	39.3	64.7	37.6	33.6	33.5
Depreciation & Amortization	29.7	29.4	29.5	29.4	29.3	28.6	28.3	28.1	27.8	27.2	27.0	26.1	29.6	29.1	29.5	29.4
Amortization of Intangibles	-	-	-	-	-	-	-	-	-	19.5	20.2	20.2	20.5	19.2	20.9	20.5	21.1
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	134.4	159.9	127.6	130.3	149.9	185.7	172.7	131.9	127.7	124.7	119.6	432.9	133.0	149.7	196.1	141.9

Operating Income
Operating Income	35.7	15.3	42.2	52.6	33.3	1.3	0.6	49.8	46.1	29.2	23.3	(291.3)	17.2	6.9	(27.3)	41.5	29.2	(11.1)	66.3	76.3	72.6	63.8	59.5	52.5	42.5

Non-Operating
Interest Income	2.7	3.4	4.4	3.6	3.1	3.2	4.2	4.0	3.3	1.8	1.9	1.3	1.1	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense	13.3	14.7	16.1	16.4	16.3	14.6	17.5	15.4	14.7	20.6	20.8	18.9	21.2	19.7	17.7	18.1	17.9	8.4
Income From Equity Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Operating Income	(10.5)	(12.4)	(12.9)	(13.7)	(13.0)	(14.2)	(13.5)	(13.2)	(14.2)	(20.4)	(9.6)	(17.0)	(16.0)	(21.3)	(16.9)	(15.0)
Pre-Tax Income	25.2	2.9	29.3	38.9	20.3	(12.9)	(12.8)	36.5	31.9	8.8	13.7	(308.2)	1.2	(14.4)	(44.3)	26.5

Tax & Net
Income Tax Expense	21.9	47.9	53.0	54.7	52.5	47.6	47.4	47.2	55.4	45.4	36.6	33.8	35.5	46.6	28.4	45.2	43.1	40.5	41.6	29.1	34.5	27.3	25.9	23.3	17.9
Net Income From Continuing Ops	3.4	(44.9)	(23.7)	(15.8)	(32.1)	(60.5)	(60.2)	(10.7)	(23.5)	(36.6)	(22.9)	(342.1)	(34.3)	(61.1)	(72.6)	(18.8)	(30.1)
Net Income From Discontinued Ops	(1.1)	1.4	(5.0)	(0.3)	(1.6)	(1.1)	(1.6)	(1.6)	(1.4)	1.8	(2.9)	(64.8)	(31.3)	(20.1)	(42.4)	(5.2)	(2.4)
Net Income	2.3	(43.6)	(28.8)	(16.1)	(33.8)	(61.6)	(61.9)	(12.3)	(24.8)	(34.8)	(25.8)	(406.9)	(65.6)	(81.2)	(115.1)	(24.0)	(32.5)
Net Income Attributable To Parent	2.3	(37.7)	(28.8)	(16.1)	(33.8)	(57.0)	(61.6)	(12.0)	(24.5)	(28.1)	(25.8)	(406.9)	(67.1)	(81.2)	(115.1)	(24.0)
Less: Minority Interest	-	-	-	-	-	-	-	-	-	(0.8)	(0.5)	(2.4)	(1.5)	(1.4)	(0.5)	(1.5)	(0.5)
Less: Preferred Dividends	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income To Common Shareholders	2.4	(42.9)	(26.8)	(13.8)	(32.9)	(59.8)	(60.2)	(12.0)	(23.1)	(33.4)	(25.4)	(403.8)	(64.1)	(77.0)	(114.6)

Per Share
EPS Basic	-	-	-	-	(0.16)	-	(0.32)	(0.04)	(0.16)	-	(0.12)	(1.80)	(0.18)	-	(0.38)	(0.09)	(0.16)	-	0.15	0.33	0.25	-	0.16	0.17	0.21
EPS Diluted	-	-	-	-	(0.16)	-	(0.32)	(0.04)	(0.16)	-	(0.12)	(1.80)	(0.18)	-	(0.38)	(0.09)	(0.16)	-
Shares Basic	192.5	-	191.3	191.2	191.1	-	190.2	190.3	189.5	-	188.9	189.1	188.9	-	188.6	187.2	187.1	-
Shares Diluted	197.8	-	191.3	191.2	191.1	-	190.2	190.3	189.5	-	188.9	189.1	188.9	-	188.6	187.2	187.1	-

Supplementary Data
EBITDA	65.5	44.7	71.7	82.1	62.7	30.0	29.0	77.8	73.9	56.4	50.3	(265.2)	46.8	36.0	2.1	70.8	57.6	14.9	74.0	83.0	78.0	67.8	62.8	55.6	44.7
EBIT	35.7	15.3	42.2	52.6	33.3	1.3	0.6	49.8	46.1	29.2	23.3	(291.3)	17.2	6.9	(27.3)	41.5	29.2	(11.1)	66.3