MariMed Inc.

MRMD · OTC
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$157,964$148,598$134,010$121,464
% Growth6.3%10.9%10.3%
Cost of Goods Sold$95,096$82,679$70,053$55,201
Gross Profit$62,868$65,919$63,957$66,263
% Margin39.8%44.4%47.7%54.6%
R&D Expenses$0$0$0$0
G&A Expenses$52,677$44,744$35,139$35,912
SG&A Expenses$59,341$50,839$38,875$37,537
Sales & Mktg Exp.$6,664$5,977$3,736$1,625
Other Operating Expenses$615$0-$127$307
Operating Expenses$59,956$51,534$38,875$37,537
Operating Income$2,912$15,080$20,369$26,863
% Margin1.8%10.1%15.2%22.1%
Other Income/Exp. Net-$6,880-$21,676-$861-$3,048
Pre-Tax Income-$3,968-$6,596$19,508$23,816
Tax Expense$8,159$9,411$5,894$16,192
Net Income-$12,164-$16,031$13,468$7,225
% Margin-7.7%-10.8%10%5.9%
EPS-0.032-0.0440.040.022
% Growth27.2%-210.5%80.5%
EPS Diluted-0.032-0.0440.0350.019
Weighted Avg Shares Out379,153363,403337,697326,467
Weighted Avg Shares Out Dil379,153363,403380,289372,397
Supplemental Information
Interest Income$114$270$959$108
Interest Expense$6,944$9,185$1,693$2,356
Depreciation & Amortization$10,858$8,574$4,714$2,788
EBITDA$13,834$11,163$25,915$28,960
% Margin8.8%7.5%19.3%23.8%