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Income Statement (CAD)
| Q4 '24 | QoQ | |
|---|---|---|
| Revenue | 258M | 8.8% |
| Gross Profit | 69M | 9.3% |
| Cost of Revenue | 189M | 8.6% |
| Operating expense | 254M | 212.3% |
| Net Income | -67M | 247.4% |
Balance Sheet (CAD)
| Q4 '24 | QoQ | |
|---|---|---|
| Total Assets | 1.35B | 6.5% |
| Total Liabilities | 216M | 1.3% |
| Total Equity | 1.13B | 6.2% |
| Shares Outstanding | 263M | 0.8% |
Cash Flow (CAD)
| Q4 '24 | QoQ | |
|---|---|---|
| Cash from operations | 24M | 5.8% |
| Cash from financing | -23M | 149.3% |
Financial Highlights for Sundial Growers in Q4 '24
Sundial Growers reported a revenue of 258M, which is a 8.8% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 69M, marking a 9.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 189M, a 8.6% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 254M, showing a 212.3% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -67M, showing a -247.4% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
Sundial Growers faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
