TREES Corp (Colorado) (CANN) Operating Expenses (2010 - 2024)
TREES Corp (Colorado) (CANN) recorded Operating Expenses of $3.58 million in Q3 2024, down 24.1% from $4.72 million a year earlier but up 3.1% from the prior quarter.
TREES Corp (Colorado) (CANN) Operating Expenses (2010 - 2024) Analysis & Trends
On a TTM basis, TREES Corp (Colorado)'s Operating Expenses came in at $15.76 million as of Sep 30, 2024, down 32.2% year-over-year; for FY2023, it was $22.11 million, up 33.0% from FY2022.
- Annual Operating Expenses has increased for three straight years, with a five-year compound annual growth rate of 12.4% (FY2018 to FY2023).
- Across earlier years, Operating Expenses came in at $16.62 million in FY2022 (+85.9%), $8.94 million in FY2021 (+8.3%), $8.26 million in FY2020 (-34.1%) and $12.53 million in FY2019 (+1.8%).
- Quarterly Operating Expenses has ranged from $1.48 million in Q2 2021 to $6.57 million in Q2 2023 over the past five years.
- On a year-over-year basis, Operating Expenses has declined for four consecutive quarters, with growth averaging 17.6% over the last eight quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 214.6% in Q4 2019, against a decline of 55.3% in Q1 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.48 million (Q2 2024), $4.16 million (Q1 2024) and $4.54 million (Q4 2023).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 3.58 Mn |
| Jun 30, 2024 | 3.48 Mn |
| Mar 31, 2024 | 4.16 Mn |
| Dec 31, 2023 | 4.54 Mn |
| Sep 30, 2023 | 4.72 Mn |
| Jun 30, 2023 | 6.57 Mn |
| Mar 31, 2023 | 6.28 Mn |
| Dec 31, 2022 | 5.70 Mn |
| Sep 30, 2022 | 3.83 Mn |
| Jun 30, 2022 | 3.10 Mn |
| Mar 31, 2022 | 3.99 Mn |
| Dec 31, 2021 | 3.29 Mn |
| Sep 30, 2021 | 2.54 Mn |
| Jun 30, 2021 | 1.48 Mn |
| Mar 31, 2021 | 1.64 Mn |
| Dec 31, 2020 | 1.92 Mn |
| Sep 30, 2020 | 2.19 Mn |
| Jun 30, 2020 | 2.11 Mn |
| Mar 31, 2020 | 3.67 Mn |
| Dec 31, 2019 | 3.27 Mn |
TREES Corp (Colorado) Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=CANN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "CANN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=CANN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();