MARIMED INC. Income Statement
MRMD|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
MARIMED INC. reported $160M in revenue and $14M in net loss for FY2025. Revenue has grown at a 66.6% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.35 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $159.8M | $157.7M | $148.6M | $134.0M | $121.5M | $50.9M | $45.6M | $11.9M | $6.1M | $3.6M | $1.3M | $88.4K | $904 | $785 | $125.6K |
| Cost of Revenue | $101.9M | $95.1M | $82.7M | $70.1M | $55.2M | $19.6M | $26.9M | $4.0M | $2.2M | $1.4M | $1.6M | $190.2K | $26.3K | $19.9K | $23.0K |
| Gross Profit | $57.9M | $62.6M | $65.9M | $64.0M | $66.3M | $31.3M | $18.7M | $7.8M | $3.9M | $1.9M | -$296.6K | -$101.8K | -$25.4K | -$19.2K | $102.6K |
| SG&A Expense | $26.1M | $25.6M | $22.1M | $20.7M | $27.6M | $9.9M | $8.8M | $10.1M | $2.9M | $770.5K | $567.9K | $302.3K | $122.1K | $184.4K | $188.5K |
| R&D Expense | - | - | - | - | - | - | - | - | - | - | $93.1K | - | - | - | - |
| Operating Income | -$2.8M | $2.6M | $14.4M | $20.4M | $26.9M | $14.5M | -$41.5M | -$5.4M | $127.7K | $775.3K | -$1.7M | -$817.3K | -$558.1K | -$774.8K | -$373.7K |
| Interest Expense | - | - | $9.2M | $1.7M | $2.4M | $9.8M | $12.7M | $4.4M | $592.4K | -$290.8K | -$206.6K | -$56.2K | - | - | - |
| Income Tax | $3.6M | $8.2M | $9.4M | $5.9M | $16.2M | $2.1M | $67.2K | - | - | - | - | - | - | - | - |
| Net Income | -$14.5M | -$12.5M | -$16.0M | $13.5M | $7.2M | $2.1M | -$81.2M | -$13.6M | -$1.2M | -$198.9K | -$1.8M | -$7.4M | -$535.6K | -$809.5K | -$377.4K |
| EPS (Basic) | -$0.03 | -$0.04 | $0.04 | $0.02 | $0.01 | -$0.39 | - | - | - | - | - | - | - | - | - |
| EPS (Diluted) | -$0.03 | -$0.04 | $0.04 | $0.02 | $0.01 | -$0.39 | -$0.07 | -$0.01 | -$0.00 | -$0.04 | -$0.23 | -$0.02 | -$0.04 | -$1.04 | -$1.04 |
| Shares Outstanding | 381.5M | 375.1M | 341.5M | 334.0M | 314.4M | 228.4M | 211.0M | 176.9M | 64.1M | 32.1M | 32.0M | 31.8M | 25.4M | 0 | - |
| Gross Margin | 36.2% | 39.7% | 44.4% | 47.7% | 54.5% | 61.6% | 41.0% | 65.9% | 63.9% | 54.6% | -23.4% | -115.2% | -2807.6% | -2441.2% | 81.7% |
| Operating Margin | -1.8% | 1.7% | 9.7% | 15.2% | 22.1% | 28.5% | -91.1% | -45.2% | 2.1% | 21.8% | -133.1% | -924.8% | -61741.7% | -98699.0% | -297.5% |
| Profit Margin | -9.1% | -7.9% | -10.8% | 10.1% | 5.9% | 4.2% | -178.0% | -114.8% | -19.7% | -5.6% | -145.4% | -8396.6% | -59248.6% | -103126.1% | -300.5% |