Flora Growth Corp.

NasdaqCM FLGC

Flora Growth Corp. Gross Profit Margin for the year ending December 31, 2023: 23.32%

Flora Growth Corp. Gross Profit Margin is 23.32% for the year ending December 31, 2023, a -39.87% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.
  • Flora Growth Corp. Gross Profit Margin for the year ending December 31, 2022 was 38.78%, a 43.60% change year over year.
  • Flora Growth Corp. Gross Profit Margin for the year ending December 31, 2021 was 27.00%, a -59.68% change year over year.
  • Flora Growth Corp. Gross Profit Margin for the year ending December 31, 2020 was 66.98%.
Key data
Date Gross Profit Margin Operating Income Margin EBT Margin Net Income Margin
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NasdaqCM: FLGC

Flora Growth Corp.

CEO Mr. Clifford A. Starke
IPO Date May 11, 2021
Location Canada
Headquarters 365 Bay Street
Employees 97
Sector Health Care
Industries
Description

Flora Growth Corp., together with its subsidiaries, engages in the growth, cultivation, and development of medicinal cannabis and medicinal cannabis derivative products to pharmacies, medical clinics, and cosmetic companies worldwide. It cultivates, processes, and supplies medicinal-grade cannabis oil, and cannabis derived medical and wellness products; offers skincare and beauty products; develops plant-based and medical-grade pharmaceuticals, phytotherapeutics, and dietary supplements; and designs and markets loungewear made from hemp-derived fabric and materials. The company also manufactures, distributes, and retails cannabidiol (CBD) derived products, such as gummies, topicals, tinctures, and vape products; lifestyle wellness products, including edibles, bath and body, pets, sports recovery, etc.; provides cannabis consumption accessories, personal storage, and travel accessories for vape and dry herb categories; and offers juices, exotic fruits coated with chocolate, and chocolate bars, as well as dried fruits, beans, and pulp from Amazonian fruits in supermarkets, discount retailers, coffee shops, restaurants, and airports. In addition, it engages in the manufacturing, promotion, and distribution of beverage products; manufacture and sale of product formulations for pain relief; and development of pharmaceutical cannabinoid formula for the prevention of Sars-Cov-2. The company sells its products under the JustCBD, Vessel, Mind Naturals, Mambe, Stardog, Tonino Lamborghini, and Kalaya brands. Flora Growth Corp. was incorporated in 2019 and is headquartered in Toronto, Canada.

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StockViz Staff

January 15, 2025

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