Marimed (MRMD) Construction in Progress (2017 - 2022)

Marimed (MRMD) has reported Construction in Progress for 6 consecutive years, with $3.6 million the latest figure, recorded in Q1 2022.

• On a quarterly basis, Construction in Progress fell 24.27% year-over-year to $3.6 million in Q1 2022; TTM through Mar 2022 was $3.6 million, a 24.27% decrease from a year earlier, with the FY2021 full-year figure at $10.6 million, up 236.49% from the prior year.
• Construction in Progress was $3.6 million for Q1 2022 at Marimed, down from $10.6 million in the prior quarter.
• Over five years, Construction in Progress peaked at $12.2 million in Q4 2018 and troughed at $1.1 million in Q1 2019.
• A 5-year average of $5.5 million and a median of $3.6 million in 2022 frame the typical range for Construction in Progress.
• Across the five-year window, Construction in Progress tumbled 77.05% in 2019 and surged 236.49% in 2021, its largest moves.
• Over 5 years, Construction in Progress stood at $12.2 million in 2018, then plunged by 77.05% to $2.8 million in 2019, then increased by 12.18% to $3.1 million in 2020, then surged by 236.49% to $10.6 million in 2021, then slumped by 65.61% to $3.6 million in 2022.
• The last three Construction in Progress figures came in at $3.6 million (Q1 2022), $10.6 million (Q4 2021), and $8.9 million (Q3 2021), per Business Quant data.