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VRNO · OTC · United States · Agricultural Production-Crops
In shortVerano Holdings Corp. is loss-making, generates cash and carries moderate debt, with revenue shrinking (−6.5% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -13.0% | 0/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -31.4% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -31.1% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -7.7% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 2.88× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.57× | 80/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 18.58× | 0/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | -0.66 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 1.4% | 26/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 4 of 5 | 75/100 |
Weight in the score: 20%
| Profitable years (last 5) | 0 of 5 | 0/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 5 | 33/100 |
| Revenue growth volatility | 98.8% | 0/100 |
| Operating margin volatility | 16.3% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -2.2% | 4/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
1 older year available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 738 | 879 | 938 | 879 | 822 |
| Cost of revenue | 407 | 456 | 463 | 435 | 408 |
| Gross profit | 331 | 423 | 475 | 444 | 413 |
| Selling, general & admin | 271 | 357 | 332 | 353 | 337 |
| Operating income | 65 | (161) | 85 | (237) | (107) |
| Pre-tax income | 49 | (163) | 28 | (300) | (166) |
| Income tax | 104 | 105 | 145 | 42 | 92 |
| Net income | (58) | (269) | (117) | (342) | (258) |
| Diluted EPS | −$0.20 | −$0.81 | −$0.34 | −$0.98 | −$0.71 |
| Diluted shares (millions) | 290 | 331 | 343 | 350 | 361 |
1 older year available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of Verano Holdings Corp. are included in the Investor plan. Try free for 7 days →
−0.66 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 5, 2026