VRNO — Verano Holdings Income Statement

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Consumer DefensivesAdventurousMid CapNeutral

Annual income statement for Verano Holdings, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	ARS/A	ARS	ARS	ARS	ARS
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	738	879	938	879	822
Cost of Revenue
Gross Profit	331	423	475	444	413
Selling / General / Administrative Expenses
Depreciation and Amortization
Operating Interest Expense / Income
Unusual Expense / Income
Total Operating Expenses	673	1,039	854	1,119	922
Operating Profit	64.7	-160	84.1	-240	-100
Total Net Non Operating Interest Income / Expense
Gain / Loss on Sale of Assets
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	49	-163	27.8	-300	-166
Provision for Income Taxes
Net Income After Taxes	-55	-269	-117	-342	-258
Minority Interest
Net Income Before Extraordinary Items
Net Income	-57.5	-269	-117	-342	-258
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	-57.5	-269	-117	-342	-258
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	-0.978	-1.83	-1.14	-1.8	-1.97