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CRON

2.90USD-0.13(-4.29%)Delayedas of 07 Dec 2022, 02:52 pm

Cronos Group Inc

Market Summary

USD2.90-0.13Delayedas of 07 Dec 2022, 02:52 pm
-4.29%

CRON Alerts

CRON Stock Price

RSI Chart

Valuation

Market Cap

1.2B

Price/Earnings

-10.75

Price/Sales

7.76

Price/Cashflow

-9.84

MarketCap/EBT

-10.65

Price/Sales

Profitability

EBT Margin

-72.92%

Return on Equity

-8.43%

Return on Assets

-8.15%

Fundamentals

Revenue

Revenue (TTM)

112.7M

Revenue Y/Y

-51.53%

Revenue Q/Q

-6.9%

Earnings

Earnings (TTM)

-223.5M

Earnings Y/Y

-147.48%

Earnings Q/Q

-82.93%

Price Action

52 Week Range

2.574.73
(Low)(High)

Last 30 days

-1.6%

Last 90 days

2.4%

Trailing 12 Months

-29.9%

Financial Health

Current Ratio

26.18

Investor Care

Shares Dilution (1Y)

1.35%

Peers (Alternatives to Cronos Group)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
459.8B
95.0B
3.36% 10.92%
24
4.79
3.29% 7.14%
342.0B
29.1B
3.40% 51.66%
60.08
11.76
8.77% 1.02%
266.2B
99.7B
5.27% -0.30%
9.08
2.63
57.08% 59.01%
255.3B
59.0B
9.81% 53.57%
15.4
4.47
12.10% 112.03%
163.4B
46.7B
1.45% 45.00%
24.47
3.5
2.79% 223.53%
MID-CAP
5.5B
4.4B
-19.18% -13.13%
-46.93
1.26
1.80% 57.67%
SMALL-CAP
1.9B
613.6M
6.56% -55.63%
-4.08
3.1
37.73% -6.10%
1.9B
659.0M
4.71% 18.39%
32.36
2.95
16.78% -53.92%
1.5B
-
9.73% -64.43%
-0.54
1.95
-4.11% -144.36%
1.2B
112.7M
-1.62% -29.86%
-10.75
7.76
-54.94% -62.45%
1.1B
3.1M
14.43% -23.02%
-3.57
108.75
-77.09% -12.24%
1.0B
23.5M
5.01% 25.95%
-12.31
166.87
243.57% -1.04%
945.9M
373.2M
1.00% -20.26%
4.56
2.34
-0.39% -38.45%
283.2M
49.7M
-17.14% -53.07%
-8.71
5.67
28.95% 32.80%
68.8M
2.6B
-43.99% -88.43%
-0.03
0.02
-13.88% -4855.92%

Financials for Cronos Group

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q32021Q2
Revenue-25.1%113150206250330
Gross Profit15.4%1412-7.64-34.37
Operating Expenses-8.0%272295544422
  S&GA Expenses-15.3%27324048
  R&D Expenses-18.3%17212224
Earnings Before Taxes-102.3%-221.87-109.68-267.82-374.19
Net Income-105.8%-223.49-108.58-31.30-137.57
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-7.1%1,2371,3321,3711,3981,535
  Current Assets-6.1%9631,0261,0631,0801,104
    Cash Equivalents-19.8%633790862887843
  Inventory-14.4%3440373332
Liabilities-2.2%4647506379
  Current Liabilities-3.1%3839405470
Shareholder's Equity-7.3%1,1941,2881,3251,3371,459
  Retained Earnings-6.1%570607627659793
  Additional Paid-In Capital8.9%3835353230
Accumulated Depreciation-30----
Shares Outstanding0.1%378378375375373
Minority Interest6.5%-2.90-3.11-3.23-2.97-3.03
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations15.3%-100.51-118.61-140.91-153.62-153.59
  Share Based Compensation8.4%2119191823
Cashflow From Investing-311.4%-78.9637-19.08-28.90-127.90
Cashflow From Financing61.1%-2.56-6.57-4.63-13.44-13.88

Risks

What is the probability of a big loss on CRON?

98.8%


Probability that Cronos Group stock will be more than 20% underwater in next one year

94.4%


Probability that Cronos Group stock will be more than 30% underwater in next one year.

80.5%


Probability that Cronos Group stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CRON drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Cronos Group was unfortunately bought at previous high price.

Returns

Cumulative Returns on CRON

-23.3%


3-Year Cumulative Returns

Which funds bought or sold CRON recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
REDUCED
-2.21
-4,000
194,000
0.01%
2022-11-22
IHT Wealth Management, LLC
-
-
-6,000
32,000
-%
2022-11-21
Sunbelt Securities, Inc.
-
-
1,000
655,000
0.14%
2022-11-21
Parallax Volatility Advisers, L.P.
REDUCED
-57.71
-395,000
289,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
SOLD OFF
-100
-13,000
-
-%
2022-11-15
HARBOUR INVESTMENTS, INC.
UNCHANGED
-
-
4,000
-%
2022-11-15
Clearstead Advisors, LLC
UNCHANGED
-
-
1,000
-%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
UNCHANGED
-
-
1,000
-%
2022-11-15
Balyasny Asset Management LLC
NEW
-
114,000
114,000
-%
2022-11-15
OLIVER LAGORE VANVALIN INVESTMENT GROUP
UNCHANGED
-
-
7,000
-%

1–10 of 41

Latest Funds Activity

Are funds buying CRON calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own CRON

Cronos Group News

Investing.com UK

Here's Why Aurora Cannabis, Canopy Growth, Cronos Group, Sundial Growers And Tilray Shares Are Falling Again By Benzinga.44 minutes ago

CRON Fair Value

Recent SEC filings of Cronos Group

View All Filings
Date Filed Form Type Document
Nov 29, 2022
4
Insider Trading
Nov 21, 2022
4
Insider Trading
Nov 17, 2022
4
Insider Trading
Nov 17, 2022
4
Insider Trading
Nov 14, 2022
8-K
Current Report
Nov 14, 2022
3
Insider Trading
Nov 10, 2022
4
Insider Trading
Nov 10, 2022
4
Insider Trading
Nov 10, 2022
4
Insider Trading
Nov 07, 2022
8-K
Current Report

Latest Insider Trading transactions for CRON

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-30
ADLER JASON MARC
BOUGHT
14,501.3
3.0465
4,760
-
2022-11-30
ADLER JASON MARC
BOUGHT
6,214.86
3.0465
2,040
-
2022-11-29
ADLER JASON MARC
BOUGHT
27,554.2
3.0413
9,060
-
2022-11-29
ADLER JASON MARC
BOUGHT
64,293.1
3.0413
21,140
-
2022-11-28
ADLER JASON MARC
BOUGHT
48,095.9
3.0268
15,890
-
2022-11-28
ADLER JASON MARC
BOUGHT
20,612.5
3.0268
6,810
-
2022-11-18
ADLER JASON MARC
BOUGHT
26,852.5
3.0445
8,820
-
2022-11-18
ADLER JASON MARC
BOUGHT
62,655.8
3.0445
20,580
-
2022-11-17
ADLER JASON MARC
BOUGHT
71,323.4
2.935
24,301
-
2022-11-17
ADLER JASON MARC
BOUGHT
166,412
2.935
56,699
-

1–10 of 50

Michael R. Gorenstein
630
Cronos Group Inc. operates as a cannabinoid company. It manufactures, markets, and distributes hemp-derived supplements and cosmetic products through e-commerce, retail, and hospitality partner channels under the Lord Jones and Happy Dance brands in the United States. The company is also involved in the cultivation, manufacture, and marketing of cannabis and cannabis-derived products for the medical and adult-use markets. It sells cannabis and cannabis products, including dried cannabis, pre-rolls, edibles, concentrates, and cannabis extracts through wholesale and direct-to-client channels under its wellness platform, PEACE NATURALS; and operates under adult-use brands, Spinach. It also exports dried cannabis and cannabis oils to Germany, Israel, and Australia. Cronos Group Inc. was founded in 2012 and is based in Toronto, Canada.

CRON Income Statement

2022-09-30
Condensed Consolidated Statements of Net Income (Loss) and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Net revenue, before excise taxes$ 26,584$ 24,590$ 84,544$ 58,092
Excise taxes(5,661)(4,183)(15,527)(9,452)
Net revenue20,92320,40769,01748,640
Cost of sales19,76621,13756,81456,156
Inventory write-down00011,961
Gross profit1,157(730)12,203(19,477)
Operating expenses    
Sales and marketing5,92310,82116,51734,284
Research and development2,5696,47310,91016,774
General and administrative17,16732,54656,54076,869
Restructuring costs52404,8780
Share-based compensation4,2652,66710,5677,731
Depreciation and amortization1,7131,2514,4173,029
Impairment loss on goodwill and indefinite-lived intangible assets01420235,056
Impairment loss on long-lived assets01,7843,4934,739
Total operating expenses32,16155,684107,322378,482
Operating loss(31,004)(56,414)(95,119)(397,959)
Other income (expense)    
Interest income, net7,2092,06413,0306,686
Gain on revaluation of derivative liabilities375132,91614,204131,290
Share of income (loss) from equity method investments(1,119)(1,414)4,078(4,172)
Gain on revaluation of financial instruments17,04926619,205143
Impairment loss on other investments(28,972)0(40,210)0
Foreign currency transaction gain (loss)2,3870(2,337)0
Other, net(693)7(556)1,041
Total other income (expense)(3,764)133,8397,414134,988
Income (loss) before income taxes(34,768)77,425(87,705)(262,971)
Income tax expense (benefit)2,118(159)2,172(159)
Income (loss) from continuing operations(36,886)77,584(89,877)(262,812)
Income (loss) from discontinued operations0820(500)
Net income (loss)(36,886)77,666(89,877)(263,312)
Net income (loss) attributable to non-controlling interest105(250)(27)(842)
Net income (loss) attributable to Cronos Group(36,991)77,916(89,850)(262,470)
Comprehensive income (loss)    
Net income (loss)(36,886)77,666(89,877)(263,312)
Other comprehensive income (loss)    
Foreign exchange gain (loss) on translation(60,572)(22,818)(68,756)6,936
Comprehensive income (loss)(97,458)54,848(158,633)(256,376)
Comprehensive income (loss) attributable to non-controlling interests201(265)62167
Comprehensive income (loss) attributable to Cronos Group$ (97,659)$ 55,113$ (158,695)$ (256,543)
Net income (loss) from continuing operations per share    
Basic - continuing operations (in dollars per share)$ (0.10)$ 0.21$ (0.24)$ (0.71)
Diluted - continuing operations (in dollars per share)$ (0.10)$ 0.21$ (0.24)$ (0.71)

CRON Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets  
Cash and cash equivalents$ 633,296$ 886,973
Short-term investments255,452117,684
Accounts receivable, net19,09222,067
Other receivables3,7425,765
Current portion of loans receivable, net8,7395,460
Inventory, net34,09432,802
Prepaids and other current assets8,8968,967
Total current assets963,3111,079,718
Equity method investments, net19,23416,764
Other investments94,557118,392
Non-current portion of loans receivable, net72,06480,635
Property, plant and equipment, net60,58274,070
Right-of-use assets5,1038,882
Goodwill1,0121,098
Intangible assets, net21,42818,079
Other168100
Total assets1,237,4591,397,738
Current liabilities  
Accounts payable9,98911,218
Accrued liabilities25,62926,069
Current portion of lease obligation1,9002,278
Derivative liabilities7314,375
Current portion due to non-controlling interests379433
Total current liabilities37,97054,373
Non-current portion due to non-controlling interests1,3461,913
Non-current portion of lease obligation4,9947,095
Deferred income tax liability1,91781
Total liabilities46,22763,462
Shareholders’ equity  
Share capital (authorized for issue as of September 30, 2022 and December 31, 2021: unlimited; shares outstanding as of September 30, 2022 and December 31, 2021: 378,346,260 and 374,952,693, respectively)605,229595,497
Additional paid-in capital38,32232,465
Retained earnings569,566659,416
Accumulated other comprehensive income (loss)(18,980)49,865
Total equity attributable to shareholders of Cronos Group1,194,1371,337,243
Non-controlling interests(2,905)(2,967)
Total shareholders’ equity1,191,2321,334,276
Total liabilities and shareholders’ equity$ 1,237,459$ 1,397,738