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Curaleaf Holdings Inc. (T:CURA)

Business Focus: Recreational Pharmaceuticals

Sector:  Healthcare Industry:  Pharmaceuticals
 
Company Contact
Address: 420 Lexington Avenue
NEW YORK NY 10170
Tel: N/A
Website: https://ir.curaleaf.com
IR: See website
Key People
Boris Jordan
Executive Chairman of the Board
Matt Darin
President, Chief Executive Officer
Joseph F. Lusardi
Executive Vice Chairman of the Board
Edward Kremer
Chief Financial Officer
Tyneeha Rivers
Chief People Officer
Camilo Lyon
Chief Investment Officer
James Shorris
Chief Compliance Officer
Peter Laurence Clateman
Chief Legal Officer
Mitch Hara
Chief Strategy Officer
Business Overview
Curaleaf Holdings, Inc. is an international provider of consumer products in cannabis. The Company and its brands, including Curaleaf, Select, and Grassroots provide service, product selection and accessibility across the medical and adult-use markets. It operates in approximately 17 states and owns and operates 147 dispensaries and 21 cultivation sites with a focus on states, including Arizona, Florida, Illinois, Massachusetts, New Jersey, New York and Pennsylvania. Curaleaf International is an integrated cannabis company in Europe with a supply and distribution network throughout the European market. It also offers Can4Med, a pharmaceutical wholesaler specializing in cannabinoid medications in Poland. Curaleaf is the national retail dispensary brand in the United States and a mainstream cannabis brand available in multiple states and product formats: vape oils and concentrates, flower, pre rolls and flower pod, topical lotions, capsules and tinctures, mints and lozenges and edibles.
Financial Overview
For the fiscal year ended 31 December 2023, Curaleaf Holdings Inc revenues increased 6% to $1.35B. Net loss before extraordinary items decreased 11% to $229.8M. Revenues reflect Management fee income increase of 21% to $5.9M. Lower net loss reflects Loss on impairment decrease of 19% to $67.1M (expense), Share-based compensation decrease of 29% to $20M (expense), Other income - Balancing value increase from $1.8M (expense) to $4.6M (income).
Employees: 5,650 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $5,577M as of Dec 31, 2023
Annual revenue (TTM): $1,852M as of Dec 31, 2023
EBITDA (TTM): $328.41M as of Dec 31, 2023
Net annual income (TTM): -$316.06M as of Dec 31, 2023
Free cash flow (TTM): $6.82M as of Dec 31, 2023
Net Debt Last Fiscal Year: $1,210M as of Dec 31, 2023
Shares outstanding: 736,713,880 as of Apr 8, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization