Glass House Brands (GLAS) Restructuring Costs (2022 - 2024)
Glass House Brands' (GLAS) quarterly Restructuring Costs came in at $6.5 million in Q1 2024, down 67.13% year-on-year from $19.7 million in Q2 2023, and down 79.68% on a QoQ basis from $31.8 million in Q4 2023.
Glass House Brands (GLAS) Restructuring Costs (2022 - 2024) Analysis & Trends
Glass House Brands (GLAS) has 3 years of Restructuring Costs data on file, last reported at $6.5 million in Q1 2024.
- On a quarterly basis, Restructuring Costs fell 67.13% year-over-year to $6.5 million in Q1 2024; TTM through Mar 2024 was $60.0 million, a 173.07% increase from a year earlier, with the FY2023 full-year figure at $31.8 million, up 1425.22% from the prior year.
- Restructuring Costs for Q1 2024 stood at $6.5 million, down from $31.8 million in the prior quarter.
- Over the last five years, Restructuring Costs for GLAS reached as high as $31.8 million in Q4 2023 and fell as low as $99000.0 in Q2 2022.
- Historically, Restructuring Costs has averaged $8.7 million across 3 years, with a median of $2.1 million in 2022.
- Across the five-year window, Restructuring Costs soared 3576.64% in 2023 and slumped 67.13% in 2024, its largest moves.
- Year by year, Restructuring Costs stood at $2.1 million in 2022, then soared by 1425.22% to $31.8 million in 2023, then plunged by 79.68% to $6.5 million in 2024.
- Per Business Quant data, the three most recent Restructuring Costs figures were $6.5 million in Q1 2024, $31.8 million in Q4 2023, and $19.7 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Haleon | 89.28 Bn | 87.42 Bn | - |
| 2 | Teva Pharmaceutical Industries | 35.97 Bn | 32.23 Bn | 1.97 Bn |
| 3 | Zoetis | 32.42 Bn | 30.48 Bn | 1.62 Bn |
| 4 | Takeda Pharmaceutical | 27.48 Bn | 23.42 Bn | 4.39 Bn |
| 5 | United Therapeutics | 22.89 Bn | 20.73 Bn | 648.10 Mn |
| 6 | RedHill Biopharma | 22.11 Bn | 22.11 Bn | - |
| 7 | Viatris | 20.44 Bn | 18.64 Bn | 1.16 Bn |
| 8 | Neurocrine Biosciences | 17.76 Bn | 16.44 Bn | 800.70 Mn |
| 9 | Elanco Animal Health | 12.62 Bn | 12.19 Bn | 785.00 Mn |
| 10 | Glass House Brands | 873.84 Mn | 845.91 Mn | 10.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 6.47 Mn |
| Dec 31, 2023 | 31.82 Mn |
| Mar 31, 2023 | 19.67 Mn |
| Dec 31, 2022 | 2.09 Mn |
| Sep 30, 2022 | 131,000.00 |
| Jun 30, 2022 | 99,000.00 |
| Mar 31, 2022 | 535,000.00 |