What is TREES CORPORATION's earnings per share (EPS)?

TREES CORPORATION (CANN) reported diluted earnings per share of -$0.06 for fiscal year 2023. This represents a 40.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

TREES CORPORATION (CANN) Financials

CANN

Trailing 12 months to September 30, 2024

Revenue $14.5M -18.4% YoY

Net Income -$5.4M +48.6% YoY

EPS (Diluted) -$0.04 +63.6% YoY

Operating Cash Flow -$460K +80.0% YoY

Market Cap $4.7M as of Sep 11, 2026

Price / Sales 0.3x on $14.5M revenue, trailing 12 months to September 30, 2024

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to September 30, 2024

Price / Book n/m negative shareholder equity, so no book multiple, Q3 FY2024

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 11, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q3 FY2024, ended Sep 30, 2024 Reported Nov 8, 2024 Currency USD FYE December

Newest figures come from the 10-Q for Q3 FY2024, filed Nov 8, 2024. Each column of the statement tables below links to the filing it was taken from.

TREES CORPORATION (CANN) reported $14.5M in revenue over the twelve months to Sep 30, 2024, down 18.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 13 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).

Rhea AI CANN FY2023 2026-08-30

Revenue expansion is being absorbed by operating costs while financing pressure has rebuilt a thin-equity balance sheet.

From FY2022 to FY2023, revenue increased to $18.1M while gross margin remained nearly unchanged at 36.2%, indicating that growth came without a meaningful improvement in unit economics. Operating loss nevertheless widened to -$4.0M as SG&A reached $8.2M, so incremental gross profit was consumed by overhead rather than converted into operating earnings.

Liabilities of $23.1M stood against only $148K of equity in FY2023, making the balance sheet exceptionally sensitive to further losses. The reported debt-to-equity ratio of 94.6x coincided with a current ratio of 0.3x, linking long-term leverage with limited short-term balance-sheet flexibility.

Cash conversion improved across the latest two years: operating cash flow moved from -$2.0M in FY2022 to -$1.1M in FY2023, broadly tracking the reduction in net loss rather than contradicting it. Reported liquidity measured 10.3 months of the latest annual operating outflow, a balance-sheet comparison that does not establish profitability.

Financial Health Signals

Financial health score not available

TREES CORPORATION does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Altman Z-Score Distress

-5.97

TREES CORPORATION scores -5.97, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($4.7M) relative to total liabilities ($23.1M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

4/9

TREES CORPORATION passes 4 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality No Cash Backing

N/A

TREES CORPORATION reported a net loss of $7.1M while operations used $1.1M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

TREES CORPORATION reported an operating loss of $4.0M against $1.8M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue

$3.3M

YoY-19.5%

QoQ-10.3%

TREES CORPORATION generated $3.3M in revenue in Q3 2024. This represents a decrease of 19.5% from the same quarter a year earlier. Against the prior quarter it is down 10.3%.

EBITDA

-$92K

YoY+74.1%

QoQ-121.4%

TREES CORPORATION's EBITDA was -$92K in Q3 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 74.1% from the same quarter a year earlier. Against the prior quarter it is down 121.4%.

Net Income

-$509K

YoY+37.6%

QoQ+55.1%

TREES CORPORATION reported -$509K in net income in Q3 2024. This represents an increase of 37.6% from the same quarter a year earlier. Against the prior quarter it is up 55.1%.

EPS (Diluted)

$0.00

YoY+100.0%

QoQ+100.0%

TREES CORPORATION earned $0.00 per diluted share (EPS) in Q3 2024. This represents an increase of 100.0% from the same quarter a year earlier. Against the prior quarter it is up 100.0%.

Cash & Balance Sheet

Free Cash Flow

$83K

YoY+131.3%

QoQ+126.3%

TREES CORPORATION generated $83K in free cash flow in Q3 2024, representing cash available after capex. This represents an increase of 131.3% from the same quarter a year earlier. Against the prior quarter it is up 126.3%.

Cash & Debt

$245K

YoY-2.5%

QoQ-35.9%

5Y CAGR-17.2%

10Y CAGR-14.1%

TREES CORPORATION held $245K in cash against $14.2M in long-term debt as of Q3 2024.

Shares Outstanding

109M

YoY-8.4%

QoQ0.0%

5Y CAGR+22.5%

10Y CAGR+23.0%

TREES CORPORATION had 109M shares outstanding in Q3 2024. This represents a decrease of 8.4% from the same quarter a year earlier. It is unchanged from the prior quarter.

Dividends Per Share

Not reported for Q3 2024.

Margins & Returns

Gross Margin

40.9%

YoY+0.3pp

QoQ-13.4pp

TREES CORPORATION's gross margin was 40.9% in Q3 2024, indicating the percentage of revenue retained after direct costs. This is up 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 13.4 percentage points.

Operating Margin

-8.2%

YoY+6.6pp

QoQ-14.0pp

TREES CORPORATION's operating margin was -8.2% in Q3 2024, reflecting core business profitability. This is up 6.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 14.0 percentage points.

Net Margin

-15.4%

YoY+4.5pp

QoQ+15.4pp

TREES CORPORATION's net profit margin was -15.4% in Q3 2024, showing the share of revenue converted to profit. This is up 4.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 15.4 percentage points.

Return on Equity

Not reported for Q3 2024.

Capital Allocation

Capital Expenditures

$16K

YoY+974.7%

QoQ+67.1%

TREES CORPORATION invested $16K in capex in Q3 2024, funding long-term assets and infrastructure. This represents an increase of 974.7% from the same quarter a year earlier. Against the prior quarter it is up 67.1%.

R&D Spending

Not reported for Q3 2024.

Share Buybacks

Not reported for Q3 2024.

CANN Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CANN quarterly income statement

Metric	TTM	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1210-K	FY1110-K	FY1010-K
Revenue	$14.5M	$18.1M+34.9%	$13.4M+127.4%	$5.9M+159.3%	$2.3M-37.8%	$3.7M+111.0%	$1.7M-50.7%	$3.5M+18.1%	$3.0M+69.1%	$1.8M+633.9%	$240K	$4K+47.6%	$3K-97.2%	$101K
Cost of Revenue	$8.7M	$11.6M+34.8%	$8.6M+93.2%	$4.4M+219.7%	$1.4M-43.7%	$2.5M+516.6%	$400K+5.1%	$381K+394.5%	$77K-33.2%	$115K+68.1%	$69K	$48K+54.0%	$31K+10.8%	$28K
Gross Profit	$5.8M	$6.6M+35.0%	$4.9M+230.4%	$1.5M+65.3%	$891K-25.7%	$1.2M-10.3%	$1.3M-57.4%	$3.1M+8.1%	$2.9M+76.3%	$1.6M+859.9%	$172K	-$27K+4.8%	-$28K-139.3%	$72K
SG&A Expenses	$5.5M	$8.2M+25.4%	$6.6M+137.2%	$2.8M-4.7%	$2.9M-33.7%	$4.4M+28.4%	$3.4M+20.0%	$2.8M+39.3%	$2.0M+42.4%	$1.4M+82.1%	$787K	$41K-20.9%	$51K+180.6%	$18K
Operating Income	-$1.3M	-$4.0M-25.2%	-$3.2M-5.4%	-$3.0M+48.7%	-$5.9M+33.7%	-$8.9M+16.2%	-$10.6M-50.0%	-$7.0M+0.1%	-$7.1M+2.6%	-$7.2M-185.7%	-$2.5M	-$20K+66.2%	-$60K-10645.8%	$570
EBITDA	N/A	-$3.1M-9.0%	-$2.8M-13.7%	-$2.5M+55.8%	-$5.7M+34.7%	-$8.7M+16.9%	-$10.4M-50.6%	-$6.9M-3.9%	-$6.7M+4.3%	-$7.0M-181.9%	-$2.5M	N/A	N/A	N/A
Interest Expense	N/A	$1.8M+79.4%	$983K+57.9%	$622K+37.3%	$454K+31.3%	$345K+6.7%	$324K+3.3%	$313K+9.1%	$287K-4.5%	$301K+222.8%	-$245K	N/A	N/A	N/A
Income Tax	N/A	$188K-8.3%	$205K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$1K
Net Income	-$5.4M	-$7.1M+25.3%	-$9.5M-6.8%	-$8.9M-15.5%	-$7.7M+50.4%	-$15.5M+8.8%	-$17.0M-106.5%	-$8.2M+19.1%	-$10.2M-15.7%	-$8.8M-26.8%	-$6.9M	-$20K+65.4%	-$59K-7983.1%	-$726
EPS (Basic)	N/A	-$0.06+40.0%	-$0.10+23.1%	-$0.13	N/A	N/A	N/A	N/A	-$0.66	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	-$0.04	-$0.06+40.0%	-$0.10+23.1%	-$0.13	N/A	N/A	-$0.49	-$0.40	-$0.66	N/A	N/A	N/A	N/A	N/A
Diluted Shares (Avg)	N/A	117M+20.6%	97M+39.7%	70M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-Q	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-K
Revenue	$3.3M-19.5%	$3.7M-27.6%	$3.7M-27.9%	$3.8M+10.4%	$4.1M+29.4%	$5.1M+57.6%	$5.1M+43.0%	$3.5M+82.0%
Cost of Revenue	$2.0M-19.9%	$1.7M-47.8%	$2.2M-28.4%	$2.8M+4.1%	$2.4M+19.9%	$3.2M+85.1%	$3.1M+47.4%	$2.7M+43.2%
Gross Profit	$1.4M-18.9%	$2.0M+7.2%	$1.5M-27.1%	$983K+33.3%	$1.7M+46.3%	$1.9M+25.3%	$2.1M+37.0%	$738K+86806.7%
SG&A Expenses	$1.3M-35.2%	$1.3M-46.3%	$1.4M-37.1%	$1.5M-42.2%	$2.0M+34.2%	$2.5M+105.0%	$2.3M+73.2%	$2.6M+180.6%
Operating Income	-$272K+55.3%	$214K+114.5%	-$477K+59.2%	-$726K+67.6%	-$607K+7.6%	-$1.5M-1169.6%	-$1.2M-180.8%	-$2.2M-478.2%
EBITDA	-$92K+74.1%	$431K+136.5%	-$287K+67.3%	-$686K+67.3%	-$356K+36.3%	-$1.2M-47276.7%	-$878K-374.2%	-$2.1M-1032.4%
Interest Expense	N/A	N/A	$554K+23.2%	$301K-28.1%	$296K+38.5%	$717K+307.1%	$449K+157.7%	$419K+135.0%
Income Tax	-$336K	$1.2M	$137K+59.8%	N/A	N/A	N/A	$86K	N/A
Net Income	-$509K+37.6%	-$1.1M+44.3%	-$1.4M+26.3%	-$2.3M+59.1%	-$815K+69.9%	-$2.0M-1013.0%	-$1.9M-119.1%	-$5.7M-50.4%
EPS (Basic)	$0.00+100.0%	-$0.01+50.0%	-$0.01+50.0%	-$0.02+66.7%	-$0.01+66.7%	-$0.02	-$0.02-100.0%	-$0.06-20.0%
EPS (Diluted)	$0.00+100.0%	-$0.01+50.0%	-$0.01+50.0%	-$0.02+66.7%	-$0.01+66.7%	-$0.02	-$0.02-100.0%	-$0.06-20.0%
Diluted Shares (Avg)	109M-8.4%	109M-8.4%	109M-8.4%	N/A	119M+23.4%	119M+23.4%	119M+23.9%	N/A

Not reported in any period shown, so not listed: R&D Expenses.

CANN Balance Sheet

CANN quarterly balance sheet

Metric	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1210-K	FY1110-K	FY1010-K
Total Assets	$23.2M-26.7%	$31.7M+43.9%	$22.0M+158.5%	$8.5M+143.3%	$3.5M-67.4%	$10.7M+41.3%	$7.6M+166.1%	$2.9M-22.4%	$3.7M+78.2%	$2.1M	$15K-57.2%	$35K-10.0%	$39K
Current Assets	$2.4M-52.5%	$5.0M+42.3%	$3.5M+36.5%	$2.5M+64.3%	$1.6M-82.7%	$9.0M+45.2%	$6.2M+453.9%	$1.1M+355.2%	$246K-11.2%	$277K	$15K-57.2%	$35K-10.0%	$39K
Cash & Equivalents	$970K-62.5%	$2.6M+25.8%	$2.1M+173.8%	$750K+513.0%	$122K-98.4%	$7.6M+51.0%	$5.0M+550.9%	$774K+1218.0%	$59K-64.5%	$166K	$0-100.0%	$29K+88.5%	$15K
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$861K-58.3%	$2.1M+84.0%	$1.1M+202.1%	$372K	$0-100.0%	$123K+254.5%	$35K+335.6%	$8K-48.6%	$16K-77.9%	$70K	N/A	N/A	N/A
Accounts Receivable	$112K+170.4%	$41K-48.4%	$80K-43.0%	$141K+65.0%	$85K-26.9%	$117K-73.9%	$446K+144.9%	$182K+46.3%	$125K+579.9%	$18K	N/A	$6K-74.4%	$24K
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$15.9M-13.6%	$18.4M+108.9%	$8.8M+254.2%	$2.5M	N/A	N/A	N/A	N/A	$187K	$0	N/A	N/A	N/A
Total Liabilities	$23.1M-8.7%	$25.3M+103.7%	$12.4M+65.2%	$7.5M-18.9%	$9.3M+49.7%	$6.2M+51.1%	$4.1M+34.4%	$3.0M-21.7%	$3.9M-30.4%	$5.6M	$482+205.1%	$158-88.9%	$1K
Current Liabilities	$7.4M+19.9%	$6.1M+50.5%	$4.1M+30.4%	$3.1M-66.2%	$9.3M+49.7%	$6.2M+51.1%	$4.1M+876.7%	$420K-88.8%	$3.7M-14.9%	$4.4M	$482+205.1%	$158-88.9%	$1K
Non-Current Liabilities	$15.7M-17.8%	$19.1M+129.7%	$8.3M+90.0%	$4.4M	$0	$0	$0-100.0%	$2.6M+1536.7%	$161K-86.6%	$1.2M	$0	$0	$0
Long-Term Debt	$14.0M-11.9%	$15.9M+169.1%	$5.9M+104.5%	$2.9M+24.0%	$2.3M-55.8%	$5.3M+348.0%	$1.2M-5.8%	$1.2M+725.3%	$151K-85.7%	$1.1M	N/A	N/A	N/A
Total Equity	$148K-97.7%	$6.4M-33.3%	$9.6M+860.0%	$1.0M+117.4%	-$5.8M-226.6%	$4.6M+29.8%	$3.5M+1943.1%	-$190K+8.6%	-$208K+94.1%	-$3.5M	$14K-58.4%	$35K-7.0%	$37K
Retained Earnings	-$100.5M-7.6%	-$93.4M-11.4%	-$83.8M-11.8%	-$75.0M-11.4%	-$67.3M-29.9%	-$51.8M-48.8%	-$34.8M-30.9%	-$26.6M-61.9%	-$16.4M-115.0%	-$7.6M	-$86K-31.2%	-$65K-896.6%	-$7K

Metric	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-Q	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-K
Total Assets	$21.2M-23.1%	$22.1M-24.9%	$22.3M-29.0%	$23.2M-26.7%	$27.5M-1.1%	$29.4M+27.7%	$31.4M+33.8%	$31.7M+43.9%
Current Assets	$1.3M-47.3%	$1.8M-46.8%	$1.7M-59.7%	$2.4M-52.5%	$2.5M-67.1%	$3.4M+29.6%	$4.2M+36.8%	$5.0M+42.3%
Cash & Equivalents	$245K-2.5%	$383K-40.5%	$414K-71.6%	$970K-62.5%	$252K-87.2%	$644K-40.0%	$1.5M-11.6%	$2.6M+25.8%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$688K-56.4%	$1.0M-56.2%	$801K-66.8%	$861K-58.3%	$1.6M+31.4%	$2.3M+75.0%	$2.4M+104.1%	$2.1M+84.0%
Accounts Receivable	$7K-96.6%	$191K+67.9%	$81K+29.6%	$112K+170.4%	$205K+24.2%	$114K+441.5%	$63K-9.4%	$41K-48.4%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$15.9M-13.6%	$15.9M-13.6%	$15.9M-13.6%	$15.9M-13.6%	$18.4M+25.8%	$18.4M+25.8%	$18.4M+88.4%	$18.4M+108.9%
Total Liabilities	$23.8M-7.8%	$24.2M-10.0%	$23.6M-12.4%	$23.1M-8.7%	$25.8M+32.6%	$26.9M+113.5%	$26.9M+107.9%	$25.3M+103.7%
Current Liabilities	$8.1M-19.8%	$7.5M-8.1%	$7.8M+15.5%	$7.4M+19.9%	$10.2M+119.4%	$8.2M+92.5%	$6.8M+57.1%	$6.1M+50.5%
Non-Current Liabilities	$15.6M0.0%	$16.6M-10.9%	$15.7M-21.9%	$15.7M-17.8%	$15.6M+5.5%	$18.6M+124.2%	$20.1M+133.4%	$19.1M+129.7%
Long-Term Debt	$14.2M+8.4%	$15.0M-5.4%	$14.0M-13.2%	$14.0M-11.9%	$13.1M+5.1%	$15.9M+166.8%	$16.1M+164.8%	$15.9M+169.1%
Total Equity	-$2.6M-253.8%	-$2.1M-184.2%	-$1.2M-127.5%	$148K-97.7%	$1.7M-79.6%	$2.5M-75.9%	$4.5M-57.1%	$6.4M-33.3%
Retained Earnings	-$103.5M-5.5%	-$103.0M-5.9%	-$101.9M-6.9%	-$100.5M-7.6%	-$98.1M-12.0%	-$97.3M-14.7%	-$95.3M-12.5%	-$93.4M-11.4%

CANN Cash Flow Statement

CANN quarterly cash flow statement

Metric	TTM	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1210-K	FY1110-K	FY1010-K
Operating Cash Flow	-$460K	-$1.1M+45.1%	-$2.0M+22.7%	-$2.7M+47.0%	-$5.0M+6.2%	-$5.3M+6.9%	-$5.7M-78.7%	-$3.2M-72.8%	-$1.9M-17.2%	-$1.6M-11.0%	-$1.4M	-$14K+67.1%	-$42K-232.5%	-$13K
Depreciation & Amortization	N/A	$874K+163.9%	$331K-35.3%	$512K+135.2%	$218K+10.9%	$196K+31.3%	$150K+18.7%	$126K-68.1%	$394K+39.4%	$283K+326.8%	$66K	N/A	N/A	N/A
Stock-Based Compensation	N/A	$69K-63.3%	$188K-38.8%	$308K-79.5%	$1.5M-62.1%	$4.0M-33.8%	$6.0M+54.5%	$3.9M+3.4%	$3.8M-30.8%	$5.4M+317.3%	$1.3M	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	$62K-81.4%	$332K+5.4%	$315K-1.2%	$319K+32.0%	$241K+349.5%	$54K+29.5%	$41K-26.3%	$56K-90.2%	$573K	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	-$2.1M+29.2%	-$3.0M+43.9%	-$5.3M+5.9%	-$5.6M+5.4%	-$6.0M-83.1%	-$3.3M-71.9%	-$1.9M-15.7%	-$1.6M+18.0%	-$2.0M	N/A	N/A	N/A
Investing Cash Flow	-$84K	-$304K+84.4%	-$1.9M-98.8%	-$979K-188.4%	$1.1M+246.9%	-$754K-32.6%	-$568K-244.4%	$394K+438.0%	-$116K-70.1%	-$68K+88.8%	-$611K	N/A	N/A	N/A
Financing Cash Flow	$538K	-$184K-104.1%	$4.5M-8.2%	$4.9M+11.4%	$4.4M+368.1%	-$1.6M-117.9%	$9.2M+30.3%	$7.1M+163.4%	$2.7M+74.0%	$1.5M-13.0%	$1.8M	N/A	$56K	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	$2.3M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-Q	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-K
Operating Cash Flow	$99K+137.4%	-$306K+19.5%	-$274K+45.4%	$22K+101.9%	-$264K+59.3%	-$380K-30.8%	-$503K-1212.2%	-$1.2M-609.8%
Depreciation & Amortization	$179K-28.7%	$217K-25.4%	$190K-35.0%	$39K-72.0%	$252K+154.4%	$291K+307.6%	$293K+26.3%	$141K-27.8%
Stock-Based Compensation	N/A	N/A	$15K-45.4%	N/A	$9K-77.3%	$18K-57.4%	$27K-64.0%	N/A
Capital Expenditures	$16K+974.7%	$9K-31.1%	$21K-15.1%	N/A	-$1K-92.6%	-$14K+140.8%	$24K+183.6%	$28K+248.3%
Free Cash Flow	$83K+131.3%	-$316K+19.9%	-$295K+44.0%	N/A	-$266K+60.3%	-$394K-32.9%	-$527K-1538.6%	-$1.2M-592.9%
Investing Cash Flow	-$16K-1174.0%	-$9K-168.9%	-$21K+92.7%	-$39K+97.8%	$1K+107.4%	$14K+84.5%	-$281K-47.7%	-$1.7M-4048.3%
Financing Cash Flow	-$221K-70.3%	$284K+163.3%	-$260K+23.4%	$735K+241.3%	-$130K-102.3%	-$449K-52.4%	-$340K-31.7%	-$520K-152.8%
Dividends Paid	$0	$0	$18K0.0%	N/A	$0	$0	$18K	N/A

Not reported in any period shown, so not listed: Share Buybacks.

CANN Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CANN quarterly financial ratios

Metric	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1210-K	FY1110-K	FY1010-K
Gross Margin	36.2%0.0pp	36.2%+11.3pp	24.9%-14.2pp	39.1%+6.4pp	32.7%-44.3pp	77.0%-12.2pp	89.2%-8.2pp	97.4%+3.9pp	93.5%+22.0pp	71.5%	-654.1%	-1014.0%	72.0%
Operating Margin	-21.9%+1.7pp	-23.6%+27.4pp	-51.0%	-257.7%	-241.7%	-608.5%	-200.1%	-236.6%	-410.9%	-1055.7%	-491.3%	-2143.0%	0.6%
Net Margin	-39.1%+31.4pp	-70.5%	-150.0%	-336.9%	-422.3%	-977.0%	-233.4%	-340.9%	-498.4%	-2885.1%	-490.9%	-2092.1%	-0.7%
Return on Equity	-4780.2%-4632.3pp	-147.9%-55.6pp	-92.3%+675.0pp	-767.4%	N/A	-372.9%-138.5pp	-234.5%	N/A	N/A	N/A	-140.2%+28.4pp	-168.5%-166.6pp	-1.9%
Return on Assets	-30.5%-0.6pp	-29.9%+10.4pp	-40.3%+49.9pp	-90.1%+352.0pp	-442.1%-284.1pp	-158.0%-49.9pp	-108.1%+247.6pp	-355.7%-117.1pp	-238.6%+96.7pp	-335.3%	-135.7%+32.1pp	-167.8%-165.9pp	-1.9%
Current Ratio	0.32-0.5x	0.810.0x	0.850.0x	0.81+0.6x	0.17-1.3x	1.45-0.1x	1.51-1.2x	2.66+2.6x	0.070.0x	0.06	31.08-190.3x	221.39+194.0x	27.41
Debt-to-Equity	94.59+92.1x	2.48+1.9x	0.61-2.3x	2.89	N/A	1.16+0.8x	0.34	N/A	N/A	N/A	0.030.0x	0.000.0x	0.04
Asset Turnover	0.78+0.4x	0.42+0.2x	0.270.0x	0.27-0.8x	1.05+0.9x	0.16-0.3x	0.46-0.6x	1.04+0.6x	0.48+0.4x	0.12	0.28+0.2x	0.08-2.5x	2.59
FCF Margin	N/A	-15.7%+34.8pp	-50.5%	-233.1%	-154.0%	-343.5%	-92.5%-28.9pp	-63.6%+29.3pp	-92.9%	-831.8%	N/A	N/A	N/A

Metric	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-Q	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-K
Gross Margin	40.9%+0.3pp	54.3%+17.6pp	40.6%+0.4pp	25.8%+4.4pp	40.6%+4.7pp	36.6%-9.4pp	40.2%-1.8pp	21.3%+21.3pp
Operating Margin	-8.2%+6.6pp	5.8%+34.6pp	-13.0%+10.0pp	-19.0%+45.7pp	-14.8%+5.9pp	-28.8%-33.1pp	-22.9%-11.2pp	-64.7%-44.4pp
Net Margin	-15.4%+4.5pp	-30.8%+9.2pp	-37.7%-0.8pp	-61.4%	-19.8%+65.3pp	-39.9%-34.3pp	-36.9%-12.8pp	-165.6%
Return on Equity	N/A	N/A	N/A	-1582.4%-1493.0pp	-47.8%-15.4pp	-81.1%-79.3pp	-41.6%-33.5pp	-89.4%-49.8pp
Return on Assets	-2.4%+0.6pp	-5.1%+1.8pp	-6.2%-0.2pp	-10.1%+8.0pp	-3.0%+6.8pp	-6.9%-6.1pp	-6.0%-2.3pp	-18.1%-0.8pp
Current Ratio	0.16-0.1x	0.24-0.2x	0.22-0.4x	0.32-0.5x	0.24-1.4x	0.41-0.2x	0.62-0.1x	0.810.0x
Debt-to-Equity	N/A	N/A	N/A	94.59+92.1x	7.69+6.2x	6.33+5.8x	3.56+3.0x	2.48+1.9x
Asset Turnover	0.160.0x	0.170.0x	0.170.0x	0.16+0.1x	0.150.0x	0.170.0x	0.160.0x	0.110.0x
FCF Margin	2.5%+9.0pp	-8.6%-0.8pp	-8.0%+2.3pp	N/A	-6.5%+14.6pp	-7.7%+1.4pp	-10.3%-11.3pp	-34.2%-25.2pp

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.

Note: The current ratio is below 1.0 (0.32), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
TREES CORPORATION CANN	FY2023	$18.1M	-$7.1M	-39.1%	$4.7M	—
RAPHAEL PHARMACEUTICL INC RAPH	FY2025	N/A	N/A	N/A	$28.2M	—
LFTD PARTNERS INC LIFD	FY2025	$36.9M	-$24.9M	-67.3%	$1.5M	—

Where TREES CORPORATION Ranks

Frequently Asked Questions

What is TREES CORPORATION's annual revenue?

TREES CORPORATION (CANN) reported $18.1M in total revenue for fiscal year 2023. This represents a 34.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is TREES CORPORATION's revenue growing?

TREES CORPORATION (CANN) revenue grew by 34.9% year-over-year, from $13.4M to $18.1M in fiscal year 2023.

Is TREES CORPORATION profitable?

No, TREES CORPORATION (CANN) reported a net income of -$7.1M in fiscal year 2023, with a net profit margin of -39.1%.

What is TREES CORPORATION's EBITDA?

TREES CORPORATION (CANN) had EBITDA of -$3.1M in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does TREES CORPORATION have?

As of fiscal year 2023, TREES CORPORATION (CANN) had $970K in cash and equivalents against $14.0M in long-term debt.

What is TREES CORPORATION's gross margin?

TREES CORPORATION (CANN) had a gross margin of 36.2% in fiscal year 2023, indicating the percentage of revenue retained after direct costs of goods sold.

What is TREES CORPORATION's operating margin?

TREES CORPORATION (CANN) had an operating margin of -21.9% in fiscal year 2023, reflecting the profitability of core business operations before interest and taxes.

What is TREES CORPORATION's net profit margin?

TREES CORPORATION (CANN) had a net profit margin of -39.1% in fiscal year 2023, representing the share of revenue converted into profit after all expenses.

What is TREES CORPORATION's return on equity (ROE)?

TREES CORPORATION (CANN) has a return on equity of -4780.2% for fiscal year 2023, measuring how efficiently the company generates profit from shareholder equity.

What is TREES CORPORATION's operating cash flow?

TREES CORPORATION (CANN) recorded an outflow of $1.1M in operating cash flow during fiscal year 2023, representing cash used by core business activities.

What are TREES CORPORATION's total assets?

TREES CORPORATION (CANN) had $23.2M in total assets as of fiscal year 2023, including both current and long-term assets.

How many shares does TREES CORPORATION have outstanding?

TREES CORPORATION (CANN) had 109M shares outstanding as of fiscal year 2023.

What is TREES CORPORATION's current ratio?

TREES CORPORATION (CANN) had a current ratio of 0.32 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.

What is TREES CORPORATION's debt-to-equity ratio?

TREES CORPORATION (CANN) had a debt-to-equity ratio of 94.59 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is TREES CORPORATION's return on assets (ROA)?

TREES CORPORATION (CANN) had a return on assets of -30.5% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.

What is TREES CORPORATION's P/E ratio?

TREES CORPORATION (CANN) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to September 30, 2024). The market capitalization is $4.7M as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is TREES CORPORATION's price-to-sales ratio?

TREES CORPORATION (CANN) trades at 0.3x sales, its market capitalization divided by revenue of $14.5M revenue, trailing 12 months to September 30, 2024. The market capitalization is $4.7M as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

How does TREES CORPORATION's liquidity compare with its operating cash outflow?

At the end of fiscal year 2023, TREES CORPORATION (CANN) held $970K in cash, cash equivalents and investments, and reported an operating cash outflow of $1.1M over that year. Dividing the one by the other, the reported balance equals about 10 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

What is TREES CORPORATION's Altman Z-Score?

TREES CORPORATION (CANN) has an Altman Z-Score of -5.97, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is TREES CORPORATION's Piotroski F-Score?

TREES CORPORATION (CANN) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are TREES CORPORATION's earnings high quality?

TREES CORPORATION (CANN) reported a net loss of $7.1M while operations used $1.1M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can TREES CORPORATION cover its interest payments?

TREES CORPORATION (CANN) reported an operating loss of $4.0M against $1.8M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.