IM Cannabis Corp. (IMCC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 6.33M | 11.25M | 13.85M | 12.7M | 12.5M | 13.34M | 13.88M | 14.75M | 12.06M | 10.7M | 12.37M | 13.21M | 13.17M | 14.46M | 14.17M | 23.82M | 13M | 20.03M | 8.04M | 11.11M |
| Revenue Growth % | -49.38% | -15.65% | -0.23% | -13.93% | 3.62% | 24.65% | 12.23% | 11.68% | -8.43% | -26.02% | -12.7% | -44.56% | 1.32% | -27.8% | 76.24% | 114.37% | 48.29% | 308.73% | 36.43% | 195.77% |
| Cost of Goods Sold | 5.29M | 11.19M | 11.12M | 9.27M | 9.05M | 10.65M | 10.73M | 13.91M | 10.28M | 9.86M | 9.72M | 9.75M | 9.63M | 11.86M | 12.22M | 10.5M | 10.6M | 15.72M | 8.12M | 11.68M |
| COGS % of Revenue | 83.65% | 99.48% | 80.28% | 73.02% | 72.42% | 79.9% | 77.32% | 94.28% | 85.25% | 92.14% | 78.62% | 73.83% | 73.07% | 82% | 86.22% | 44.09% | 81.5% | 78.48% | 100.93% | 105.11% |
| Gross Profit | 1.03M | 58.81K | 2.73M | 3.42M | 3.45M | 2.68M | 3.15M | 844K | 1.78M | 841K | 2.65M | 3.46M | 3.55M | 2.6M | 1.95M | 4.01M | 2.4M | 4.31M | -75K | -568K |
| Gross Margin % | 16.35% | 0.52% | 19.72% | 26.98% | 27.58% | 20.1% | 22.68% | 5.72% | 14.75% | 7.86% | 21.38% | 26.17% | 26.93% | 18% | 13.78% | 16.85% | 18.5% | 21.52% | -0.93% | -5.11% |
| Gross Profit Growth % | -70% | -97.81% | -13.25% | 305.81% | 93.82% | 218.67% | 19.02% | -75.58% | -49.86% | -67.69% | 35.43% | -13.92% | 47.53% | -39.62% | 2704% | 806.87% | -52.17% | 750.3% | -102.22% | -128.57% |
| Operating Expenses | 2.26M | 2.88M | 6.88M | 3.77M | 3.29M | 22.37M | 2.19M | -2.02M | 7.41M | 6.01M | 4.9M | 4.87M | -713K | 13.31M | 7.48M | 7.83M | -6.46M | 16.03M | 8.05M | 10.15M |
| OpEx % of Revenue | 35.66% | 25.59% | 49.7% | 29.73% | 26.32% | 167.72% | 15.81% | -13.73% | 61.42% | 56.14% | 39.64% | 36.9% | -5.41% | 92.05% | 52.78% | 32.85% | -49.65% | 80.05% | 100.11% | 91.33% |
| Selling, General & Admin | 3.1M | 2.06M | 3.81M | 3.77M | 3.29M | 790K | 4.1M | 3.73M | 4.66M | 3.02M | 4.9M | 4.87M | 6.24M | 13.31M | 7.48M | 7.19M | 7.52M | 16.04M | 8.05M | 10.14M |
| SG&A % of Revenue | 48.92% | 18.35% | 27.49% | 29.73% | 26.32% | 5.92% | 29.54% | 25.3% | 38.6% | 28.2% | 39.64% | 36.9% | 47.35% | 92.05% | 52.78% | 30.18% | 57.83% | 80.1% | 100.11% | 91.29% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4K | 5K |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.05% | 0.04% |
| Other Operating Expenses | -838.69K | 814.03K | 1000K | 0 | 0 | 1000K | -1000K | -1000K | 1000K | 1000K | 0 | 0 | -1000K | 0 | 0 | 636K | -1000K | -10K | -4K | 0 |
| Operating Income | -1.22M | -2.82M | -4.15M | -350K | 158K | -19.69M | 953K | 2.87M | -5.63M | -5.17M | -2.26M | 1.75M | 1.11M | -10.71M | -5.53M | -5.62M | 8.86M | -11.72M | -8.12M | -10.72M |
| Operating Margin % | -19.31% | -25.06% | -29.98% | -2.76% | 1.26% | -147.63% | 6.86% | 19.45% | -46.67% | -48.28% | -18.26% | 13.27% | 8.4% | -74.05% | -39% | -23.61% | 68.15% | -58.53% | -101.04% | -96.45% |
| Operating Income Growth % | -873.31% | 85.68% | -535.78% | -112.2% | 102.81% | -281.14% | 142.19% | 63.76% | -609.04% | 51.77% | 59.12% | 131.15% | -87.52% | 8.64% | 31.98% | 47.52% | 619.65% | -83.64% | -1110.73% | -275.38% |
| EBITDA | -859.51K | -2.45M | -3.73M | 121K | 621K | -19.14M | 1.4M | 3.34M | -4.91M | -4.43M | -1.58M | 2.53M | 1.92M | -9.25M | -3.72M | -3.4M | 10.7M | -9.6M | -6.16M | -9.46M |
| EBITDA Margin % | -13.58% | -21.74% | -26.95% | 0.95% | 4.97% | -143.56% | 10.11% | 22.66% | -40.73% | -41.45% | -12.78% | 19.16% | 14.54% | -63.94% | -26.24% | -14.28% | 82.28% | -47.92% | -76.65% | -85.12% |
| EBITDA Growth % | -238.41% | 87.23% | -365.88% | -96.38% | 112.64% | -331.75% | 188.8% | 32.13% | -356.55% | 52.04% | 57.48% | 174.39% | -82.1% | 3.66% | 39.67% | 64.04% | 910.38% | -56.69% | -1343.33% | -274.91% |
| D&A (Non-Cash Add-back) | 362.32K | 373.65K | 420K | 471K | 463K | 542K | 451K | 474K | 717K | 731K | 678K | 778K | 809K | 1.46M | 1.81M | 2.22M | 1.84M | 2.13M | 1.96M | 1.26M |
| EBIT | -1.22M | -2.82M | -4.15M | 1.54M | 158K | -1.61M | -953K | -2.89M | -5.63M | 1.22M | -2.26M | -1.42M | -87K | -8.39M | -5.53M | -2.51M | -5.97M | -11.31M | -8.12M | -4.51M |
| Net Interest Income | -606.54K | -443.21K | 311.48K | 130K | -12K | -478K | -155K | -1.43M | -501K | 2.47M | 869K | -2.11M | 2.73M | -6.68M | 1.2M | 1.03M | 1.55M | -436K | 8.62M | 5.67M |
| Interest Income | 0 | 179.29K | 806.64K | 1.89M | 0 | 0 | 0 | 0 | 0 | 58K | 869K | 0 | 3.53M | 0 | 1.2M | 3.23M | 2.89M | 407K | 8.62M | 6.21M |
| Interest Expense | 606.54K | 622.51K | 495.17K | 1.76M | 12K | 478K | 155K | 1.43M | 501K | 0 | 0 | 2.11M | 795K | 6.68M | 0 | 2.2M | 1.33M | 843K | 0 | 543K |
| Other Income/Expense | -606.54K | -2.82M | 429K | 130K | -12K | 18.43M | -2.06M | -7.16M | -501K | 2.47M | 248K | -5.62M | -1.99M | 949K | 1.2M | 916K | -16.17M | -436K | 8.62M | 5.67M |
| Pretax Income | -1.83M | -5.64M | -3.72M | -220K | 146K | -1.26M | -1.11M | -4.29M | -6.13M | -2.7M | -2.01M | -3.87M | -882K | -9.76M | -4.33M | -4.71M | -7.31M | -12.16M | 496K | -5.05M |
| Pretax Margin % | -28.9% | -50.11% | -26.89% | -1.73% | 1.17% | -9.45% | -7.98% | -29.12% | -50.82% | -25.23% | -16.26% | -29.27% | -6.7% | -67.49% | -30.54% | -19.76% | -56.2% | -60.7% | 6.17% | -45.46% |
| Income Tax | -29.89K | 4.3K | 141K | -26K | -29K | -47K | -26K | -839K | -111K | 821K | 125K | -160K | -16K | -109K | 204K | -1.01M | -225K | 330K | -334K | 37K |
| Effective Tax Rate % | 1.63% | -0.08% | -3.79% | 11.82% | -19.86% | 3.73% | 2.35% | 19.53% | 1.81% | -30.42% | -6.22% | 4.14% | 1.81% | 1.12% | -4.71% | 21.39% | 3.08% | -2.71% | -67.34% | -0.73% |
| Net Income | -1.66M | -5.47M | -3.65M | -309K | 275K | -1.01M | -922K | -3.03M | -5.62M | -3.29M | -2.14M | -3.46M | -866K | -33.03M | -128.13M | -18.98M | -9.45M | -12.89M | -4.29M | -5.09M |
| Net Margin % | -26.24% | -48.67% | -26.36% | -2.43% | 2.2% | -7.58% | -6.64% | -20.54% | -46.61% | -30.74% | -17.27% | -26.19% | -6.57% | -228.39% | -904.26% | -79.67% | -72.7% | -64.38% | -53.3% | -45.8% |
| Net Income Growth % | -703.63% | -441.54% | -295.99% | 89.8% | 104.89% | 69.26% | 56.84% | 12.43% | -549.31% | 90.04% | 98.33% | 81.77% | 90.84% | -156.14% | -2890.27% | -272.92% | -309.81% | 33.39% | -753.2% | 46.87% |
| Net Income (Continuing) | -1.8M | -5.64M | -3.87M | -194K | 175K | -1.21M | -1.08M | -3.46M | -6.02M | -3.52M | -2.14M | -3.71M | 43K | -9.65M | -4.53M | -3.7M | -7.08M | -12.49M | 830K | -5.09M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -909K | -1000K | -1000K | -1000K | -1000K | 0 | -1000K | 0 |
| Minority Interest | -72.95K | -2.76M | 340K | 539K | -2.15M | -2.1M | -1.74M | -1.59M | -1.18M | -769K | 627K | 623K | 867K | 1.15M | 1.64M | 1.98M | 2.32M | 3.71M | 1.4M | 1.28M |
| EPS (Diluted) | -0.39 | -1.28 | -0.75 | -0.09 | 0.09 | -0.43 | -0.41 | -1.38 | -2.52 | -1.48 | -0.96 | -1.56 | -0.32 | -7.47 | -29.00 | -2.70 | -1.40 | -1.91 | -0.72 | -1.00 |
| EPS Growth % | -537.71% | -197.67% | -82.93% | 93.13% | 103.54% | 70.95% | 57.29% | 11.54% | -687.5% | 80.19% | 96.69% | 42.22% | 77.14% | -291.1% | -3927.78% | -170% | -227.27% | 56.39% | -500% | 61.24% |
| EPS (Basic) | -0.39 | -1.28 | -0.75 | -0.09 | 0.09 | -0.43 | -0.41 | -1.38 | -2.52 | -1.47 | -0.96 | -1.56 | -0.32 | -13.43 | -52.10 | -7.72 | -3.04 | -4.15 | -1.38 | -1.00 |
| Diluted Shares Outstanding | 5.93M | 4.24M | 4.87M | 3.26M | 3.08M | 2.35M | 2.23M | 2.19M | 2.23M | 2.14M | 2.14M | 2.22M | 1.81M | 1.21M | 4.42M | 7.03M | 6.75M | 6.75M | 5.92M | 5.09M |
| Basic Shares Outstanding | 5.93M | 4.24M | 4.87M | 3.26M | 3.08M | 2.35M | 2.23M | 2.19M | 2.23M | 2.14M | 2.14M | 2.22M | 1.81M | 2.46M | 2.46M | 2.46M | 3.11M | 3.11M | 3.11M | 5.09M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |