Company research / CANN

TREES Corp (Colorado) (CANN)

CIK 0001477009 · OTC · Retail-Drug Stores and Proprietary Stores

  • Sector Retail Trade
  • Incorporated CO
  • Fiscal year ends Dec 31

Not updated since 2023-12-31. No annual report in US GAAP has been filed since. Companies that switch to IFRS reporting, as many foreign filers do, or stop filing are not updated here.

For the year ended 2023-12-31, TREES Corp (Colorado) reported revenue of $18.14M. Revenue grew 34.9% from the prior annual period.

Key ratios (year ended 2023-12-31)

36.2%
Gross margin (computed)
-21.9%
Operating margin
-39.0%
Net margin
n/m
Return on year-end equity
34.9%
Revenue growth (YoY)

Computed by TickerFacts from revenue minus cost of revenue. This may differ from the issuer's reported gross profit or margin; check the revenue and cost definitions.

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Latest selected filing: Form 8-K (current report) · 2025-08-22

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

Period ended2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-31
Revenue$18.14M$13.44M$5.91M$2.28M$3.67M$1.74M$3.52M$2.98M$1.76M$240.2K
Cost of Revenue$11.56M$8.58M$4.44M$1.39M$2.47M$400.1K$380.6K$77.0K$115.2K$68.5K
Gross Profit (computed)$6.57M$4.87M$1.47M$891.2K$1.20M$1.34M$3.14Mn/a$1.65M$171.7K
Operating Income-$3.97M-$3.17M-$3.01M-$5.87M-$8.86M-$10.57M-$7.05M-$7.06M-$7.24M-$2.54M
Depreciation & Amortization$874.4K$331.4K$500.6K$199.7K$115.7K$62.4K$125.9K$394.2K$282.8K$66.3K
EBITDA-$3.10M-$2.84M-$2.51M-$5.67M-$8.75M-$10.51M-$6.92M-$6.66M-$6.96M-$2.47M
Net Income-$7.08M-$9.48M-$8.87M-$7.68M-$15.48M-$16.97M-$8.22M-$10.17M-$8.79M-$6.93M
EPS (Diluted)-$0.06-$0.10-$0.13n/an/a-$0.49-$0.40-$0.66n/an/a
Total Assets$23.25M$31.69M$22.02M$8.52M$3.50M$10.74M$7.60M$2.86M$3.68M$2.07M
Total Liabilities$23.10M$25.29M$12.42M$7.52M$9.27Mn/a$4.10M$3.05M$3.89M$5.59M
Long-Term Debt$15.11M$17.80M$7.00M$2.89M$2.33M$5.27M$1.18M$1.25M$1.14M$1.06M
Shareholders' Equity$148.2K$6.41M$9.61M$1.00M-$5.76M$4.55M$3.51M-$190.2K-$208.2K-$3.52M
Cash & Equivalents$969.7K$2.58M$2.05M$750.2K$122.4K$7.60M$5.04M$773.8K$58.7K$165.5K
Operating Cash Flow-$1.13M-$2.05M-$2.65M-$5.00M-$5.33M-$5.73M-$3.20M-$1.85M-$1.58M-$1.43M
Capital Expendituresn/a$61.6K$331.8K$314.8K$318.6K$241.3K$53.7K$41.4K$56.2K$573.1K
Free Cash Flown/a-$2.11M-$2.98M-$5.32M-$5.65M-$5.97M-$3.26M-$1.90M-$1.64M-$2.00M
Shares Outstanding108.75M118.66M89.55M60.81M39.50M36.22M27.69M17.19M14.92M12.50M
Weighted Average Diluted Shares117.20M97.17M69.54Mn/an/an/an/an/an/an/a
EPS (Basic)-$0.06-$0.10-$0.13n/an/an/an/a-$0.66n/an/a