Cronos Group Past Earnings Performance
Past criteria checks 0/6
Cronos Group's earnings have been declining at an average annual rate of -58.5%, while the Pharmaceuticals industry saw earnings growing at 45.6% annually. Revenues have been growing at an average rate of 25% per year.
Key information
-58.5%
Earnings growth rate
-62.8%
EPS growth rate
| Pharmaceuticals Industry Growth | 23.1% |
| Revenue growth rate | 25.0% |
| Return on equity | -4.3% |
| Net Margin | -42.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
We're Interested To See How Cronos Group (TSE:CRON) Uses Its Cash Hoard To Grow
May 31
Cronos Group Inc.'s (TSE:CRON) P/S Is Still On The Mark Following 29% Share Price Bounce
Apr 01We Think Cronos Group (TSE:CRON) Can Afford To Drive Business Growth
Mar 02Revenues Tell The Story For Cronos Group Inc. (TSE:CRON)
Feb 02Companies Like Cronos Group (TSE:CRON) Are In A Position To Invest In Growth
Nov 09We're Hopeful That Cronos Group (TSE:CRON) Will Use Its Cash Wisely
Jul 17Cronos Group Inc.'s (TSE:CRON) Earnings Haven't Escaped The Attention Of Investors
Jun 20We Think Cronos Group (TSE:CRON) Can Afford To Drive Business Growth
Feb 09A Look At The Intrinsic Value Of Cronos Group Inc. (TSE:CRON)
Oct 12We're Not Very Worried About Cronos Group's (TSE:CRON) Cash Burn Rate
Sep 10Cronos Group Inc. (TSE:CRON) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Aug 12We Think Cronos Group (TSE:CRON) Can Afford To Drive Business Growth
May 19Is Cronos Group Inc. (TSE:CRON) Trading At A 47% Discount?
Jul 29An Intrinsic Calculation For Cronos Group Inc. (TSE:CRON) Suggests It's 29% Undervalued
Apr 08Have Insiders Sold Cronos Group Inc. (TSE:CRON) Shares Recently?
Mar 04Revenue & Expenses Breakdown
How Cronos Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 111 | -48 | 74 | 5 |
| 30 Jun 24 | 102 | -57 | 75 | 5 |
| 31 Mar 24 | 93 | -54 | 77 | 5 |
| 31 Dec 23 | 87 | -70 | 81 | 6 |
| 30 Sep 23 | 85 | -101 | 87 | 7 |
| 30 Jun 23 | 81 | -133 | 91 | 8 |
| 31 Mar 23 | 84 | -145 | 93 | 11 |
| 31 Dec 22 | 87 | -155 | 101 | 13 |
| 30 Sep 22 | 91 | -213 | 109 | 17 |
| 30 Jun 22 | 91 | -102 | 130 | 21 |
| 31 Mar 22 | 85 | -263 | 145 | 22 |
| 31 Dec 21 | 65 | -127 | 122 | 22 |
| 30 Sep 21 | 66 | -373 | 154 | 24 |
| 30 Jun 21 | 57 | -381 | 142 | 22 |
| 31 Mar 21 | 51 | -310 | 132 | 21 |
| 31 Dec 20 | 47 | -72 | 130 | 20 |
| 30 Sep 20 | 37 | 101 | 126 | 19 |
| 30 Jun 20 | 31 | 636 | 116 | 17 |
| 31 Mar 20 | 29 | 929 | 107 | 16 |
| 31 Dec 19 | 24 | 1,167 | 116 | 12 |
| 30 Sep 19 | 21 | 1,089 | 65 | 8 |
| 30 Jun 19 | 18 | 479 | 46 | 5 |
| 31 Mar 19 | 13 | 293 | 32 | 3 |
| 31 Dec 18 | 12 | -21 | 24 | 2 |
| 30 Sep 18 | 9 | -8 | 15 | 0 |
| 30 Jun 18 | 7 | -1 | 11 | 0 |
| 31 Mar 18 | 5 | -2 | 9 | 0 |
| 31 Dec 17 | 3 | -1 | 7 | 0 |
| 30 Sep 17 | 4 | 1 | 6 | 0 |
| 30 Jun 17 | 2 | 0 | 5 | 0 |
| 31 Mar 17 | 1 | -1 | 4 | 0 |
| 31 Dec 16 | 0 | -1 | 3 | 0 |
| 30 Sep 16 | 2 | 0 | 2 | 0 |
| 30 Jun 16 | 2 | 0 | 1 | 0 |
| 31 Mar 16 | 3 | 1 | 1 | 0 |
| 31 Dec 15 | 2 | 0 | 1 | 0 |
| 30 Sep 15 | 0 | -4 | 2 | 0 |
| 30 Jun 15 | -1 | -4 | 2 | 0 |
| 31 Mar 15 | -1 | -4 | 2 | 0 |
| 31 Dec 14 | -1 | -4 | 2 | 0 |
| 30 Sep 14 | 0 | -2 | 1 | 0 |
| 30 Jun 14 | 0 | -1 | 1 | 0 |
| 31 Dec 13 | 0 | -1 | 0 | 0 |
Quality Earnings: CRON is currently unprofitable.
Growing Profit Margin: CRON is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CRON is unprofitable, and losses have increased over the past 5 years at a rate of 58.5% per year.
Accelerating Growth: Unable to compare CRON's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CRON is unprofitable, making it difficult to compare its past year earnings growth to the Pharmaceuticals industry (-51.1%).
Return on Equity
High ROE: CRON has a negative Return on Equity (-4.34%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 06:38 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Cronos Group Inc. is covered by 20 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vahan Ajamian | Beacon Securities Limited |
| Tamy Chen | BMO Capital Markets Equity Research |
| Lisa Lewandowski | BofA Global Research |