AMERICAN CANNABIS CO reported a net loss of $3.7M in fiscal year 2023. This represents a decrease of 478.1% from the prior fiscal year. Over the trailing 12 months, Q3 FY2023 through Q2 FY2024, the same line adds up to a $3.9M net loss. The table below carries 15 fiscal years, from 2009 to 2023, and the quarters AMERICAN CANNABIS CO has filed alongside them.
Annual figures, oldest first. Point at a bar to read its period.
AMMJ Net Income by Fiscal Year
Figures are as reported in USD. Each change compares the year with the year before it, and each column links to the filing it was taken from.
| Metric | TTM | FY2310-K | FY2210-K | FY2110-K | FY2010-K | FY1910-K | FY1810-K | FY1710-K | FY1610-K | FY1510-K | FY1410-K | FY1310-K | FY1210-K | FY1110-K | FY1010-K | FY0910-K |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | -$3.9M | -$3.7M-478.1% | -$633K+56.0% | -$1.4M-170.3% | -$532K-76.4% | -$302K+68.3% | -$951K+36.1% | -$1.5M-146.6% | -$604K-17.1% | -$516K+85.8% | -$3.6M | N/A | -$329K-689.2% | $56K-45.6% | $103K+119.5% | -$526K |
TTM is the trailing twelve months, Q3 FY2023 through Q2 FY2024, summed from the four most recent quarterly filings.
AMMJ Net Income by Quarter
Figures are as reported in USD. Each change compares the quarter with the same quarter a year earlier.
What net income means
Net income is what is left of revenue once every cost is counted, interest and tax included, so a company can grow its sales and still report a loss on this line.
More AMERICAN CANNABIS CO financials
Frequently Asked Questions
What was AMERICAN CANNABIS CO's net income in fiscal year 2023?
AMERICAN CANNABIS CO reported a net loss of $3.7M in fiscal year 2023.
How fast is AMERICAN CANNABIS CO's net income growing?
AMERICAN CANNABIS CO (AMMJ) net income fell by 478.1% year over year, from -$633K to -$3.7M in fiscal year 2023.
What is AMERICAN CANNABIS CO's net income over the last twelve months?
AMERICAN CANNABIS CO (AMMJ) reported a $3.9M net loss over the trailing 12 months, Q3 FY2023 through Q2 FY2024, summed from the four most recent quarterly filings.
How has AMERICAN CANNABIS CO's net income changed over the years?
Across the 15 fiscal years this page covers, AMERICAN CANNABIS CO (AMMJ) net income went from -$526K in fiscal year 2009 to -$3.7M in fiscal year 2023.
What was AMERICAN CANNABIS CO's net income in the most recent quarter?
AMERICAN CANNABIS CO (AMMJ) reported -$636K in net income in Q2 2024. This represents a decrease of 5471.3% from the same quarter a year earlier.
What does net income mean on a financial statement?
Net income is what is left of revenue once every cost is counted, interest and tax included, so a company can grow its sales and still report a loss on this line. This page lists what AMERICAN CANNABIS CO (AMMJ) reported on that line in every period on record.