Q3 FY2024 · ended Sep 30, 2024 · Revenue $3.31M, -19.5% YoY · Filed Nov 8, 2024
Trees Corporation (CANN) files with the SEC under industry code 5912, Retail-Drug Stores and Proprietary Stores. In Q3 of fiscal 2024, the quarter ended Sep 30, 2024, it reported revenue of $3.3 million and a net loss of $509,009. Free cash flow was $83,057. As of Sep 30, 2024 it held $245,367 in cash and investments and $17.4 million in total debt.
Revenue
$3.31M
-19.5% vs year-ago quarter
Net income
$-509,009
+37.6% vs year-ago quarter
Operating cash flow
$98,694
+137.4% vs year-ago quarter
Free cash flow
$83,057
+131.3% vs year-ago quarter
EPS
$0.00
+100.0% vs year-ago quarter
Dividend per share
None
Shares outstanding
108.75M
-8.4% vs year-ago quarter
Net cash
$-17.18M
Q3 FY2024
Operating margin
-8.7%
TTM
Company profile
- Industry
- Retail-Drug Stores and Proprietary Stores (SIC 5912)
- Listed as
- CANN (OTC)
- Fiscal year ends
- December 31
- Incorporated in
- CO
- Headquarters
- Lakewood, CO
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1477009
- Former names
- GENERAL CANNABIS CORP (until Jun 14, 2022); Advanced Cannabis Solutions, Inc. (until Jun 4, 2015); Promap Corp (until Oct 2, 2013)
Other Retail-Drug Stores and Proprietary Stores companies
- CVS HEALTH Corp CVS
- Guardian Pharmacy Services, Inc. GRDN
- 111, Inc. YI
- Petmed Express Inc PETS
- Ridgetech Inc. RDGT
Key figures
Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.
| Line | Q3 FY2024 Sep 30, 2024 |
Q2 FY2024 Jun 30, 2024 |
Q1 FY2024 Mar 31, 2024 |
Q4 FY2023 Dec 31, 2023 |
Q3 FY2023 Sep 30, 2023 |
|---|---|---|---|---|---|
| Revenue | $3.3M | $3.7M | $3.7M | — | $4.1M |
| Operating income | -$271,639 | $213,802 | -$477,348 | -$725,600 | -$607,208 |
| Net income | -$509,009 | -$1.1M | -$1.4M | -$2.3M | -$815,123 |
| Diluted EPS | $0.00 | -$0.01 | -$0.01 | -$0.02 | -$0.01 |
| Operating cash flow | $98,694 | -$306,166 | -$274,467 | $21,950 | -$264,127 |
| Free cash flow | $83,057 | -$315,522 | -$295,105 | — | -$265,582 |
| Total assets | $21.2M | $22.1M | $22.3M | $23.2M | $27.5M |
| Total liabilities | $23.8M | $24.2M | $23.6M | $23.1M | $25.8M |
| Stockholders' equity | -$2.6M | -$2.1M | -$1.2M | $148,159 | $1.7M |
| Cash and investments | $245,367 | $383,029 | $414,225 | $969,676 | $251,691 |
| Total debt | $17.4M | $17.7M | $17.6M | $17.9M | $21.4M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Material agreement, Acquisition or sale of assets, New debt, Officer or director change
|
Aug 22, 2025 | Jun 20, 2025 |
| 8-K |
Current report
Material agreement
|
Apr 23, 2025 | Apr 17, 2025 |
| 8-K |
Current report
Material agreement, Officer or director change
|
Feb 5, 2025 | Jan 31, 2025 |
| 8-K |
Current report
Material agreement
|
Nov 25, 2024 | Nov 20, 2024 |
| 8-K |
Current report
Material agreement, New debt
|
Nov 15, 2024 | Nov 8, 2024 |
| 10-Q | Quarterly report | Nov 8, 2024 | Sep 30, 2024 |
All 652 Trees Corporation SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.