Glass House Brands (GLAS) Restructuring Costs (2022 - 2024)
Glass House Brands' (GLAS) quarterly Restructuring Costs came in at $6.5 million in Q1 2024, up 89.59% year-over-year from $3.4 million in Q2 2023, and up 9.34% quarter-over-quarter from $5.9 million in Q4 2023.
Analysis
Glass House Brands (GLAS) Restructuring Costs (2022 - 2024) Analysis & Trends
Glass House Brands (GLAS) has reported Restructuring Costs for 3 consecutive years, with $6.5 million the latest figure, recorded in Q1 2024.
- On a quarterly basis, Restructuring Costs rose 89.59% year-over-year to $6.5 million in Q1 2024; TTM through Mar 2024 was $11.8 million, a N/A change from a year earlier, with the FY2023 full-year figure at $5.9 million, up 183.46% from the prior year.
- Restructuring Costs was $6.5 million for Q1 2024 at Glass House Brands, up from $5.9 million in the prior quarter.
- Over five years, Restructuring Costs peaked at $6.5 million in Q1 2024 and troughed at -$4.0 million in Q3 2023.
- A 3-year average of $2.4 million and a median of $2.7 million in 2022 frame the typical range for Restructuring Costs.
- Across the five-year window, Restructuring Costs jumped 537.38% in 2023 and jumped 89.59% in 2024, its largest moves.
- Over 3 years, Restructuring Costs stood at $2.1 million in 2022, then soared by 183.46% to $5.9 million in 2023, then gained by 9.34% to $6.5 million in 2024.
- The last three Restructuring Costs figures came in at $6.5 million (Q1 2024), $5.9 million (Q4 2023), and -$4.0 million (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn |
| 10 | Sndl | 362.57 Mn | 230.02 Mn | 40.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 6.47 Mn |
| Dec 31, 2023 | 5.91 Mn |
| Sep 30, 2023 | -4.02 Mn |
| Mar 31, 2023 | 3.41 Mn |
| Dec 31, 2022 | 2.09 Mn |
| Mar 31, 2022 | 535,000.00 |