TREES Corp (Colorado) Income Statement
CANN|13 years of annual SEC 10-K data (FY2011-FY2023)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 13 fiscal years. All figures from audited SEC 10-K filings.
TREES Corp (Colorado) reported $18M in revenue and $7M in net loss for FY2023. Revenue has grown at a 107.8% compound annual rate over the past 12 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -3.57 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $18.1M | $13.4M | $5.9M | $2.3M | $3.7M | $1.7M | $3.5M | $3.0M | $1.8M | $240.2K | $0 | $4.1K | $2.8K |
| Cost of Revenue | $11.6M | $8.6M | $4.4M | $1.4M | $2.5M | $400.1K | $380.6K | $77.0K | $115.2K | $68.5K | $0 | $48.1K | $31.2K |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | $0 | -$27.1K | $30.3K |
| SG&A Expense | $8.2M | $6.6M | $2.8M | $2.9M | $4.4M | $3.4M | $2.8M | $2.0M | $1.4M | $787.3K | $53.3K | $40.7K | $51.5K |
| Operating Income | -$4.0M | -$3.2M | -$3.0M | -$5.9M | -$8.9M | -$10.6M | -$7.0M | -$7.1M | -$7.2M | -$2.5M | -$561.3K | -$20.3K | -$60.1K |
| Interest Expense | $1.8M | $983.2K | $622.5K | $453.5K | $345.4K | $323.6K | $313.1K | $287.1K | $300.7K | -$244.8K | $871 | - | - |
| Income Tax | $187.8K | $204.9K | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | -$7.1M | -$9.5M | -$8.9M | -$7.7M | -$15.5M | -$17.0M | -$8.2M | -$10.2M | -$8.8M | -$6.9M | -$711.0K | -$20.3K | -$58.7K |
| EPS (Basic) | -$0.06 | -$0.10 | -$0.13 | - | - | - | -$0.66 | - | - | - | - | - | - |
| EPS (Diluted) | -$0.06 | -$0.10 | -$0.13 | -$0.17 | -$0.47 | -$0.49 | -$0.66 | -$0.63 | -$0.51 | -$0.05 | -$0.05 | $0.00 | -$0.01 |
| Shares Outstanding | 108.7M | 118.7M | 89.6M | 60.8M | 39.5M | 36.2M | 17.2M | 14.9M | 12.5M | 15.1M | 15.1M | 9.7M | 9.7M |
| Gross Margin | - | - | - | - | - | - | - | - | - | - | - | -654.1% | 1080.7% |
| Operating Margin | -21.9% | -23.6% | -51.0% | -257.7% | -241.7% | -608.5% | -200.1% | -236.6% | -410.9% | -1055.7% | - | -491.3% | -2143.0% |
| Profit Margin | -39.1% | -70.5% | -150.0% | -336.9% | -422.3% | -977.0% | -233.4% | -340.9% | -498.4% | -2885.1% | - | -490.9% | -2092.1% |