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MARIMED INC. (WORX) Add to portfolio


Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
Revenues134.0121.550.945.611.96.13.61.3
            Revenue growth10.3%138.7%11.6%284.8%95.3%70.2%180.6%1337.1%
Cost of goods sold70.155.219.626.94.02.21.61.6
Gross profit64.066.331.318.77.83.91.9-0.3
            Gross margin47.7%54.6%61.5%41.0%65.9%63.9%54.6%-23.4%
Selling, general and administrative        
Sales and marketing3.71.60.40.40.30.10.30.0
Research and development       0.1
General and administrative20.727.69.98.810.12.90.70.2
EBITA22.627.614.9-41.3-5.40.10.8-1.3
            EBITA margin16.9%22.7%29.3%-90.6%-45.2%2.1%21.8%-104.2%
Amortization of intangibles1.30.70.40.2   0.4
EBIT21.326.914.5-41.5-5.40.10.8-1.7
            EBIT margin15.9%22.1%28.6%-91.1%-45.2%2.1%21.8%-133.1%
Pre-tax income19.523.84.5-81.8-13.3-1.00.3-1.8
Income taxes5.916.22.10.10.30.20.50.0
            Tax rate30.2%68.0%46.0%   161.9%0.0%
Net income13.57.22.1-81.2-13.6-1.2-0.2-1.8
            Net margin10.0%5.9%4.2%-178.0%-114.8%-19.7%-5.6%-145.4%
 
Diluted EPS$0.04$0.02$0.01($0.39)($0.07)($0.01)$0.00($0.06)
Shares outstanding (diluted)381.1372.4324.2208.7192.4116.352.032.0
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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