Flora Gross Profit from 2010 to 2024

FLGC Stock  USD 1.43  0.12  9.16%   
Flora Growth's Gross Profit is increasing over the years with slightly volatile fluctuation. Overall, Gross Profit is expected to go to about 18.6 M this year. Gross Profit is the profit Flora Growth Corp makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
17.7 M
Current Value
18.6 M
Quarterly Volatility
M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Flora Growth financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Flora Growth's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 M, Interest Expense of 61.9 K or Selling General Administrative of 16.6 M, as well as many indicators such as Price To Sales Ratio of 0.12, Dividend Yield of 0.0 or PTB Ratio of 1.63. Flora financial statements analysis is a perfect complement when working with Flora Growth Valuation or Volatility modules.
  
Check out the analysis of Flora Growth Correlation against competitors.

Latest Flora Growth's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Flora Growth Corp over the last few years. Gross profit is a required income statement account that reflects total revenue of Flora Growth Corp minus its cost of goods sold. It is profit before Flora Growth operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Flora Growth's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Flora Growth's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.42 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Flora Gross Profit Regression Statistics

Arithmetic Mean3,534,283
Geometric Mean136,791
Coefficient Of Variation198.32
Mean Deviation5,356,540
Median(25,865)
Standard Deviation7,009,238
Sample Variance49.1T
Range18.7M
R-Value0.73
Mean Square Error24.9T
R-Squared0.53
Significance0
Slope1,140,828
Total Sum of Squares687.8T

Flora Gross Profit History

202418.6 M
202317.7 M
202214.4 M
20212.4 M
202071 K

Other Fundumenentals of Flora Growth Corp

Flora Growth Gross Profit component correlations

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0.930.65-0.06-0.86-0.330.610.720.591.0-0.470.890.770.930.040.870.640.620.060.95-0.06
0.850.650.67-0.49-0.920.870.940.860.660.280.90.360.640.740.561.00.99-0.670.550.67
0.18-0.060.670.09-0.850.520.560.54-0.050.720.33-0.140.030.87-0.120.680.69-0.8-0.171.0
-0.73-0.86-0.490.090.13-0.24-0.43-0.21-0.850.67-0.81-0.97-0.980.19-0.49-0.47-0.43-0.09-0.660.09
-0.61-0.33-0.92-0.850.13-0.85-0.87-0.85-0.35-0.61-0.66-0.01-0.31-0.93-0.35-0.93-0.930.82-0.28-0.85
0.790.610.870.52-0.24-0.850.971.00.620.320.730.070.440.70.760.870.86-0.440.660.52
0.870.720.940.56-0.43-0.870.970.970.730.230.860.290.610.680.750.950.94-0.470.710.56
0.770.590.860.54-0.21-0.851.00.970.610.360.710.050.410.720.750.860.87-0.440.650.54
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-0.16-0.470.280.720.67-0.610.320.230.36-0.45-0.16-0.69-0.540.85-0.230.30.35-0.74-0.380.72
0.960.890.90.33-0.81-0.660.730.860.710.9-0.160.70.910.390.70.890.87-0.370.760.33
0.610.770.36-0.14-0.97-0.010.070.290.050.77-0.690.70.92-0.270.370.350.330.140.57-0.14
0.850.930.640.03-0.98-0.310.440.610.410.93-0.540.910.92-0.020.630.630.59-0.020.760.03
0.360.040.740.870.19-0.930.70.680.720.050.850.39-0.27-0.020.140.760.79-0.880.040.87
0.850.870.56-0.12-0.49-0.350.760.750.750.87-0.230.70.370.630.140.560.560.120.97-0.12
0.840.641.00.68-0.47-0.930.870.950.860.650.30.890.350.630.760.561.0-0.680.550.68
0.830.620.990.69-0.43-0.930.860.940.870.640.350.870.330.590.790.561.0-0.690.550.69
-0.270.06-0.67-0.8-0.090.82-0.44-0.47-0.440.05-0.74-0.370.14-0.02-0.880.12-0.68-0.690.16-0.8
0.890.950.55-0.17-0.66-0.280.660.710.650.95-0.380.760.570.760.040.970.550.550.16-0.17
0.18-0.060.671.00.09-0.850.520.560.54-0.050.720.33-0.140.030.87-0.120.680.69-0.8-0.17
Click cells to compare fundamentals

About Flora Growth Financial Statements

Flora Growth stakeholders use historical fundamental indicators, such as Flora Growth's Gross Profit, to determine how well the company is positioned to perform in the future. Although Flora Growth investors may analyze each financial statement separately, they are all interrelated. For example, changes in Flora Growth's assets and liabilities are reflected in the revenues and expenses on Flora Growth's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Flora Growth Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit17.7 M18.6 M
Gross Profit Margin 0.23  0.43 

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When determining whether Flora Growth Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Flora Growth's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Flora Growth Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Flora Growth Corp Stock:
Check out the analysis of Flora Growth Correlation against competitors.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Flora Growth. If investors know Flora will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Flora Growth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.35)
Revenue Per Share
7.41
Quarterly Revenue Growth
(0.27)
Return On Assets
(0.17)
Return On Equity
(1.35)
The market value of Flora Growth Corp is measured differently than its book value, which is the value of Flora that is recorded on the company's balance sheet. Investors also form their own opinion of Flora Growth's value that differs from its market value or its book value, called intrinsic value, which is Flora Growth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Flora Growth's market value can be influenced by many factors that don't directly affect Flora Growth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Flora Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Flora Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flora Growth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.