CordovaCann (LVRLF) Operating Expenses (2009 - 2020)
CordovaCann (LVRLF) recorded quarterly Operating Expenses of $1.5 million in Q2 2020, up 13706.74% quarter-over-quarter from -$10694.6 in Q1 2020, and up 6.3% on a YoY basis from $1.4 million in Q3 2019.
CordovaCann (LVRLF) Operating Expenses (2009 - 2020) Analysis & Trends
CordovaCann's Operating Expenses history runs 12 years deep, the most recent figure standing at $1.5 million for Q2 2020.
- In Q2 2020, Operating Expenses rose 6.3% year-over-year to $1.5 million; the TTM figure through Jun 2023 stood at $1.5 million (up 0.74% YoY), while the FY2025 annual figure was $3.1 million, down 10.04% from the prior year.
- Operating Expenses was $1.5 million for Q2 2020 at CordovaCann, up from -$10694.6 in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $6.8 million in Q2 2018 to a low of -$2.8 million in Q1 2018.
- Historically, Operating Expenses has averaged $618642.6 across 5 years, with a median of $212819.6 in 2017.
- Biggest YoY gain for Operating Expenses was 33777.59% in 2018; the steepest drop was 17725.99% in 2018.
- A 5-year view of Operating Expenses shows it stood at -$14537.3 in 2016, then jumped by 2233.13% to $310100.2 in 2017, then jumped by 292.28% to $1.2 million in 2018, then plunged by 64.32% to $433998.8 in 2019, then soared by 235.3% to $1.5 million in 2020.
- The last three Operating Expenses figures came in at $1.5 million (Q2 2020), -$10694.6 (Q1 2020), and $433998.8 (Q4 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | 526.00 Mn |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 788.00 Mn |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | 455.70 Mn |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | 19.40 Mn |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | 621.10 Mn |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | 478.00 Mn |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | 441.19 Mn |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | 475.11 Mn |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | 96.91 Mn |
| 10 | CordovaCann | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2020 | 1.46 Mn |
| Mar 31, 2020 | -10,694.64 |
| Dec 31, 2019 | 433,998.84 |
| Sep 30, 2019 | 600,293.23 |
| Jun 30, 2019 | 1.37 Mn |
| Mar 31, 2019 | 913,803.28 |
| Dec 31, 2018 | 1.22 Mn |
| Sep 30, 2018 | 673,187.20 |
| Jun 30, 2018 | 6.84 Mn |
| Mar 31, 2018 | -2.79 Mn |
| Dec 31, 2017 | 310,100.20 |
| Sep 30, 2017 | 19,776.48 |
| Jun 30, 2017 | 20,191.90 |
| Mar 31, 2017 | 15,834.13 |
| Dec 31, 2016 | -14,537.33 |
| Sep 30, 2016 | -16,034.23 |
| Jun 30, 2016 | 115,538.98 |
| Mar 31, 2016 | -16,157.05 |
| Dec 31, 2015 | -16,453.21 |
| Sep 30, 2015 | -23,789.42 |