Cronos Group (CRON)
Financials
Estimates*
| USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 46.7m | 74.4m | 91.9m | 87.2m | 109m | 131m | 135m |
| % growth | 168 % | 59 % | 23 % | (5 %) | 25 % | 20 % | 3 % |
| EBITDA | (160m) | 22.2m | (59.2m) | (24.1m) | (36.4m) | (8.3m) | 3.1m |
| % EBITDA margin | (343 %) | 30 % | (64 %) | (28 %) | (33 %) | (6 %) | 2 % |
| Profit | (73.1m) | (396m) | (169m) | (74.0m) | (32.2m) | (6.4m) | (6.4m) |
| % profit margin | (157 %) | (532 %) | (184 %) | (85 %) | (30 %) | (5 %) | (5 %) |
| EV / revenue | 49.4x | 5.8x | 0.9x | -0.9x | 0.7x | 1.2x | 1.8x |
| EV / EBITDA | -14.4x | 19.3x | -1.4x | 3.5x | -2.0x | -19.1x | 76.5x |
| R&D budget | 20.4m | 23.3m | 13.4m | 5.8m | - | - | - |
| R&D % of revenue | 44 % | 31 % | 15 % | 7 % | - | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| N/A | N/A | - | |
N/A | Seed | ||
| N/A | N/A | IPO | |
* | $100m | Post IPO Equity | |
$1.8b Valuation: $4.0b 1271.0x EV/LTM Revenues -747.2x EV/LTM EBITDA | Acquisition | ||
| Total Funding | - | ||
Related Content
Recent News about Cronos Group (CRON)
EditCronos Group is a pioneering global cannabinoid company focused on advancing cannabis research, technology, and product development. The company operates in the rapidly evolving cannabis market, catering to both medical and recreational consumers. Cronos Group's business model revolves around building a diverse portfolio of iconic brands, including Spinach, PEACE NATURALS, and Lord Jones, which are designed to elevate the consumer experience through innovation and quality. The company generates revenue through the sale of its branded cannabis products, leveraging its strong intellectual property and research capabilities to stay ahead in the market. Cronos Group is committed to responsible growth, community building, and enhancing industry practices to ensure the delivery of high-quality products. The company serves a global clientele, with a significant presence in North America and other international markets.
Keywords: cannabinoids, cannabis research, product development, iconic brands, Spinach, PEACE NATURALS, Lord Jones, innovation, quality, global market.
