Similar companies
| Company | Revenue | |
|---|---|---|
 |
OrganigramOGI |
43M 4.4% |
 |
Canopy GrowthCGC |
162M 17.5% |
Income Statement (CAD)
| Q4 '24 | QoQ | |
|---|---|---|
| Revenue | 88M | 8.7% |
| Gross Profit | 79M | 87.3% |
| Cost of Revenue | 9.2M | 76.4% |
| Operating expense | 51M | 38.8% |
| Net Income | 32M | 363% |
Balance Sheet (CAD)
| Q4 '24 | QoQ | |
|---|---|---|
| Total Assets | 867M | 7.1% |
| Total Liabilities | 254M | 12.5% |
| Total Equity | 573M | 5.5% |
| Shares Outstanding | 55M | 0% |
Cash Flow (CAD)
| Q4 '24 | QoQ | |
|---|---|---|
| Cash from operations | 29M | 215.9% |
| Cash from financing | -5.6M | 236.2% |
Financial Highlights for Aurora Cannabis in Q4 '24
Aurora Cannabis reported a revenue of 88M, which is a 8.7% 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 79M, marking a 87.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 9.2M, a -76.4% 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 51M, showing a -38.8% 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 32M, showing a 363% 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.
It was a positive quarter for Aurora Cannabis with growth in revenue, gross profit, and net income.
