Teucrium Sugar Fund Financials

CANE

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Teucrium Sugar Fund (CANE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Key Financial Metrics

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Revenue

N/A

EBITDA

N/A

Free Cash Flow

N/A

Net Income

-$26.5M

YoY+44.6%

Teucrium Sugar Fund reported -$26.5M in net income in fiscal year 2025. This represents an increase of 44.6% from the prior year.

EPS (Diluted)

N/A

Cash & Debt

$205.3M

YoY-2.7%

5Y CAGR-7.9%

Teucrium Sugar Fund held $205.3M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

N/A

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

CANE Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	N/A	N/A	N/A	$88.6M+43.6%	$61.7M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	$327K+16.0%	$281K-13.0%	$323K+7.3%	$302K+1.3%	$298K
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	$13.0M-26.8%	$17.7M+66.3%	$10.7M+1867.8%	$542K-59.9%	$1.4M
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$26.5M+44.6%	-$47.9M+34.9%	-$73.5M+6.0%	-$78.2M-194.9%	$82.4M+46.8%	$56.2M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23
Revenue	N/A	$2.0M	N/A	N/A	$11.1M	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	$71K-9.2%	$78K+10.5%	$71K+28.0%	$55K+4.5%	$53K-57.3%	$124K+152.2%	$49K
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	$3.0M-13.6%	$3.5M-4.9%	$3.7M-19.0%	$4.6M-1.4%	$4.6M+10.5%	$4.2M-3.1%	$4.3M
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	-$56K+99.5%	-$10.9M+53.5%	-$23.5M-366.1%	$8.8M+130.4%	-$29.0M-27.1%	-$22.8M+25.0%	-$30.5M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

CANE Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	N/A	$241.7M-25.9%	$326.0M-35.5%	$505.5M+89.9%	$266.3M	N/A
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$205.3M-2.7%	$210.9M-27.8%	$292.2M-32.7%	$434.1M+72.1%	$252.2M-18.5%	$309.4M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	N/A	$17.0M+49.4%	$11.4M-71.6%	$40.1M+1925.1%	$2.0M	N/A
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	N/A	$224.6M-28.6%	$314.5M-32.4%	$465.4M+76.1%	$264.3M	N/A
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23
Total Assets	$241.7M-6.1%	$257.4M-4.0%	$268.0M-9.6%	$296.7M-9.0%	$326.0M-11.7%	$369.0M+1.2%	$364.7M-7.1%	$392.4M
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$210.9M-9.6%	$233.3M+2.3%	$228.1M-10.1%	$253.7M-13.2%	$292.2M-9.4%	$322.5M+3.7%	$311.1M-5.8%	$330.1M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$17.0M+67.0%	$10.2M-62.2%	$27.0M+43.0%	$18.9M+65.3%	$11.4M-58.4%	$27.4M-39.7%	$45.4M+28.8%	$35.3M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$224.6M-9.1%	$247.2M+2.5%	$241.0M-13.2%	$277.8M-11.7%	$314.5M-7.9%	$341.6M+7.0%	$319.3M-10.6%	$357.2M
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

CANE Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	N/A	-$39.4M+29.1%	-$55.6M+47.7%	-$106.3M-241.3%	$75.2M+41.5%	$53.1M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	-$41.8M+51.5%	-$86.2M-129.9%	$288.1M+317.7%	-$132.3M-246.8%	$90.1M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	$125.9M-52.5%	$264.9M-71.7%	$935.2M+214.0%	$297.8M+38.4%	$215.2M

Metric	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23
Operating Cash Flow	N/A	-$1.6M-911.4%	$199K+100.8%	-$25.5M-555.4%	$5.6M+114.6%	-$38.3M-542.9%	-$6.0M+64.9%	-$17.0M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	$6.9M+126.6%	-$25.8M-97.5%	-$13.1M+63.6%	-$35.9M-172.1%	$49.8M+479.0%	-$13.1M+84.9%	-$87.0M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	$25.3M-47.1%	$47.8M+77.9%	$26.9M-52.4%	$56.4M+46.9%	$38.4M-35.3%	$59.3M-46.5%	$110.9M

CANE Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	93.0%+2.0pp	91.0%
Return on Equity	N/A	-21.3%+2.1pp	-23.4%-6.6pp	-16.8%-48.0pp	31.2%	N/A
Return on Assets	N/A	-19.8%+2.7pp	-22.5%-7.1pp	-15.5%-46.4pp	30.9%	N/A
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	N/A	0.08+0.0	0.04-0.0	0.09+0.1	0.01	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	-2.8%	N/A	N/A	79.3%	N/A	N/A	N/A
Return on Equity	N/A	-0.0%+4.5pp	-4.5%+3.9pp	-8.5%-11.3pp	2.8%+11.3pp	-8.5%-1.3pp	-7.2%+1.4pp	-8.5%
Return on Assets	N/A	-0.0%+4.1pp	-4.1%+3.8pp	-7.9%-10.6pp	2.7%+10.6pp	-7.9%-1.6pp	-6.3%+1.5pp	-7.8%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.08+0.0	0.04-0.1	0.11+0.0	0.07+0.0	0.04-0.0	0.08-0.1	0.14+0.0	0.10
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Frequently Asked Questions

Is Teucrium Sugar Fund profitable?

No, Teucrium Sugar Fund (CANE) reported a net income of -$26.5M in fiscal year 2025.