How much profit has Cronos Group made this year?
Cronos Group has made -17.53 M USD this year.
Cronos Group Net Income 2024
Cronos Group Net Income
-17.53 M USD
Cronos Group Dividend yield
Ticker
CRON.TO
ISIN
CA22717L1013
WKN
A2DMQY
In 2024, Cronos Group's profit amounted to -17.53 M USD, a -76.29% increase from the -73.96 M USD profit recorded in the previous year.
The Cronos Group Net Income history
| YEAR | NET INCOME (undefined USD) |
|---|---|
| 2029e | -0.02 |
| 2028e | -0.03 |
| 2027e | -0.03 |
| 2026e | 0.03 |
| 2025e | 0 |
| 2024e | -0.02 |
| 2023 | -0.07 |
| 2022 | -0.17 |
| 2021 | -0.4 |
| 2020 | -0.07 |
| 2019 | 1.17 |
| 2018 | -0.02 |
| 2017 | 0 |
| 2016 | -0 |
| 2015 | 0 |
| 2014 | -0 |
| 2013 | -0 |
| 2012 | -0 |
Cronos Group Aktienanalyse
What does Cronos Group do?
Cronos Group Inc is a Canadian company specializing in the production and distribution of medical and recreational cannabis. It was founded in 2013 and is headquartered in Toronto, Canada. Cronos Group Inc is one of the leading cannabis producers in Canada and has also made a name for itself in the international market. History Cronos Group Inc started as a medical cannabis startup focused on the cultivation and production of high-quality cannabis products for the medical market. In 2016, the company was listed on the Toronto Stock Exchange and raised 40 million Canadian dollars through a capital increase. In 2018, it received a $1.8 billion investment from Altria Group Inc, one of the world's largest tobacco companies. This investment helped Cronos grow and establish itself in the global cannabis market. Business model Cronos Group Inc has a diversified business model focusing on the production, processing, and marketing of cannabis products. The company specializes in the cultivation and production of high-quality cannabis products suitable for both the medical and recreational markets. Cronos Group Inc also produces cannabis oils, vaporizer pens, and other smoke-free products. The various subsidiaries Cronos Group Inc consists of several subsidiary companies focusing on different aspects of the cannabis industry. Some of the key subsidiaries of Cronos Group Inc are: 1. Peace Naturals - This company specializes in the cultivation of medical cannabis and also produces cannabis oils and vaporizable products. 2. Original BC - Original BC is a leading provider of recreational cannabis, offering a wide range of cannabis products. 3. Sublime Culture - Sublime Culture specializes in the production of cannabis extracts and the development of novel cannabis products like THC-infused gummy bears. Products Cronos Group Inc offers a wide range of cannabis products suitable for both the medical and recreational markets. Some of the key products of Cronos Group Inc include: 1. Cannabis oils - The company produces a wide range of cannabis oils suitable for medical and recreational use. 2. Vaporizer pens - Cronos Group Inc also produces vaporizable products for smoke-free consumption of cannabis products. 3. Edibles - The company also offers a range of novel cannabis products like THC-infused gummy bears, contributing to the growth of the market. Conclusion Cronos Group Inc is one of the leading cannabis companies worldwide specializing in the production and distribution of medical and recreational cannabis. The company has made a name for itself with its wide range of cannabis products and has grown and established itself in the international market through the investment from Altria Group Inc. Cronos Group Inc has implemented a diversified business model, offering medical cannabis, recreational cannabis, and novel cannabis products to grow in the increasing demand and provide its customers with a wide range of offerings. Cronos Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.Net Income Details
Understanding Cronos Group's Profit Margins
The profit margins of Cronos Group represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Cronos Group's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.
Year-to-Year Comparison
Evaluating Cronos Group's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.
Impact on Investments
Cronos Group's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.
Interpreting Profit Fluctuations
When Cronos Group’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.
Frequently Asked Questions about Cronos Group Stock
How has the profit developed compared to last year?
The profit has increased by -76.29% compared to last year fallen
What impact do the earnings have on the shareholders?
An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.
How does Cronos Group publish its earnings?
Cronos Group publishes its earnings in the form of quarterly or annual reports.
Which financial indicators are included in the quarterly or annual reports?
The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.
Why is it important for investors to know the earnings of Cronos Group?
The profits of Cronos Group are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.
How can one learn more about the earnings of Cronos Group?
You can learn more about the earnings of Cronos Group by reviewing the quarterly or annual reports or following the company presentations.
How much dividend does Cronos Group pay?
Over the past 12 months, Cronos Group paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Cronos Group is expected to pay a dividend of 0 USD.
What is the dividend yield of Cronos Group?
The current dividend yield of Cronos Group is .
When does Cronos Group pay dividends?
Cronos Group pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Cronos Group?
Cronos Group paid dividends every year for the past 0 years.
What is the dividend of Cronos Group?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Cronos Group located?
Cronos Group is assigned to the 'Health' sector.
Wann musste ich die Aktien von Cronos Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Cronos Group from 6/4/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/4/2024.
When did Cronos Group pay the last dividend?
The last dividend was paid out on 6/4/2024.
What was the dividend of Cronos Group in the year 2023?
In the year 2023, Cronos Group distributed 0 USD as dividends.
In which currency does Cronos Group pay out the dividend?
The dividends of Cronos Group are distributed in USD.
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Andere Kennzahlen von Cronos Group
Our stock analysis for Cronos Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Cronos Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
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- Cronos Group EBIT
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