IM Cannabis reported revenue of $5.49M and net income of -$3.17M for the quarter ended Jun 2026, down 40.1% year over year. This income statement covers 27 quarters of results from Dec 2019 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | |||||||||||||||||||||||||||
| Revenue | 6.39M | 7.86M | 10.26M | 9.96M | 10.86M | 10.65M | 9.27M | 9.83M | 9.23M | 7.86M | 8.95M | 10.78M | 10.18M | 9.55M | 8.71M | 9.16M | 10.06M | 11.25M | 6.33M | 5.49M | |||||||
| Cost of RevenueCost of Rev | 4.77M | 7.01M | 7.83M | 7.93M | 8.70M | 8.60M | 6.87M | 7.05M | 7.18M | 7.04M | 7.62M | 10.17M | 7.87M | 7.63M | 6.31M | 6.69M | 8.08M | 11.19M | 5.29M | 4.40M | |||||||
| Gross Profit | -0.06M | 0.78M | 3.29M | 1.73M | 1.50M | 1.92M | 2.15M | 2.57M | 1.97M | 0.62M | 1.32M | 0.62M | 2.31M | 1.92M | 2.40M | 2.47M | 1.98M | 0.06M | 1.03M | 1.09M | |||||||
| Operating items | |||||||||||||||||||||||||||
| Research & DevelopmentR&D | 1.36M | 2.28M | 1.94M | 2.45M | 2.14M | 2.28M | 2.07M | 1.95M | 1.91M | 2.05M | 1.70M | 1.08M | 1.10M | 1.28M | 0.89M | 0.93M | 1.00M | 1.02M | 1.11M | 1.01M | |||||||
| Selling, General & AdministrativeSG&A | 2.90M | 4.26M | 4.02M | 2.62M | 3.31M | 7.21M | 2.35M | 1.78M | 1.60M | 2.42M | 1.73M | 1.58M | 1.72M | 0.84M | 1.40M | 1.79M | 1.77M | 1.86M | 1.14M | 1.59M | |||||||
| Restructuring CostsRestructuring | 1.03M | -1.03M | 2.96M | 0.50M | -0.21M | 0.21M | 0.25M | ||||||||||||||||||||
| Other Operating ExpensesOther Opex | 1.10M | 2.20M | -0.03M | 0.57M | 0.49M | 0.32M | 0.19M | -0.10M | 0.15M | -16.70M | 2.07M | -2.68M | 0.18M | -1.77M | 0.01M | 0.00M | -0.53M | -0.50M | 0.00 | 0.00 | |||||||
| Operating ExpensesOpex | 6.39M | 7.71M | 8.89M | 6.14M | 5.73M | 9.81M | 4.82M | 3.88M | 3.66M | -12.22M | 5.50M | -0.01M | 3.01M | 0.35M | 2.29M | 2.72M | 2.24M | 2.37M | 2.26M | 2.60M | |||||||
| Operating IncomeOp. Inc | -6.45M | -6.93M | 6.99M | 4.41M | 4.24M | -37.48M | 2.68M | 1.30M | 1.69M | -15.00M | -4.18M | -2.10M | -0.70M | -0.56M | 0.11M | -0.25M | -3.02M | -5.19M | -1.22M | -1.51M | |||||||
| EBIT | -6.45M | -6.93M | 6.99M | 4.41M | 4.24M | -37.48M | 2.68M | 1.30M | 1.69M | -15.00M | -4.18M | -2.10M | -0.70M | -0.56M | 0.11M | -0.25M | -3.02M | -5.19M | -1.22M | -1.51M | |||||||
| Non-operating items | |||||||||||||||||||||||||||
| Non Operating Interest Expenses | 0.03M | 0.10M | -1.05M | -1.72M | -0.59M | -1.57M | -0.36M | -1.07M | -0.11M | -1.57M | -1.27M | -0.50M | -0.62M | -2.11M | |||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 6.53M | 1.53M | 2.28M | 2.53M | 2.61M | -0.01M | 0.03M | 733.05 | 1.23M | 1.36M | 0.81M | 0.18M | 0.42M | ||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 6.85M | -19.40M | 0.71M | -0.31M | 0.92M | -4.35M | 2.02M | -0.21M | -0.07M | -0.20M | -0.37M | -0.01M | -0.02M | -1.96M | -0.01M | 0.01M | -0.61M | 0.25M | |||||||||
| Net income details | |||||||||||||||||||||||||||
| EBT | 0.39M | -6.40M | -2.91M | -3.69M | 3.32M | -31.21M | -0.65M | -2.88M | 1.50M | -11.91M | -4.55M | -3.14M | -0.81M | -0.90M | 0.10M | -0.92M | -2.71M | -5.64M | -1.83M | -3.20M | |||||||
| Tax ProvisionsTaxes | -0.27M | 0.23M | -0.02M | -0.79M | 0.16M | -0.08M | -0.01M | -0.12M | -0.09M | 0.53M | 0.08M | -0.61M | -0.02M | -0.03M | 0.02M | -0.02M | 0.10M | 0.00M | 0.03M | -0.03M | |||||||
| Profit After TaxPAT | -4.49M | -9.91M | 9.22M | -14.89M | -98.28M | -24.64M | -0.64M | -2.76M | -1.59M | -2.59M | -4.47M | -2.53M | -0.79M | -0.87M | 0.12M | -0.14M | -2.81M | -5.64M | -1.80M | -3.17M | |||||||
| Income from Non-Controlling InterestsInc. Minority | 2.13M | -3.74M | 0.88M | -0.25M | 0.28M | 0.32M | 0.19M | -0.18M | 0.15M | -0.77M | 0.02M | -0.31M | 0.18M | -1.11M | 0.01M | 0.08M | 0.00M | -0.32M | -0.14M | -0.02M | |||||||
| Income from Continuing OperationsIncome (Continuing) | 0.66M | -6.63M | -2.89M | -2.90M | 3.16M | -31.13M | -0.64M | -2.76M | 1.59M | -12.44M | -4.63M | -2.53M | -0.79M | -0.87M | 0.08M | -0.90M | -2.81M | -5.64M | -1.86M | -3.17M | |||||||
| Income from Discontinued OperationsIncome (Discontinued) | -5.15M | -3.27M | -2.89M | -11.98M | -94.80M | -17.53M | |||||||||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | -4.49M | -9.91M | -5.78M | -14.89M | -91.64M | -48.66M | -0.64M | -2.76M | 1.59M | -12.44M | -4.63M | -2.53M | -0.79M | -0.87M | 0.08M | -0.90M | -2.81M | -5.64M | -1.86M | -3.17M | |||||||
| Income towards Parent CompanyParent Net Inc | -3.40M | -10.23M | -7.46M | -14.64M | -91.64M | -48.66M | -0.64M | -2.58M | -1.60M | -11.54M | -4.17M | -2.21M | -0.68M | -14.43M | 0.19M | -0.22M | 2.65M | -5.47M | -1.66M | -3.15M | |||||||
| Net Income towards Common StockholdersNet Income | -3.40M | -10.23M | -7.46M | -14.64M | -91.64M | -48.66M | -0.64M | -2.58M | -1.60M | -11.54M | 3.46M | -2.08M | -0.99M | -14.43M | 0.19M | -1.16M | 3.36M | -5.47M | -1.66M | -3.13M | |||||||
| Additional items | |||||||||||||||||||||||||||
| EPS (Basic) | -158.88 | -317.66 | -231.73 | -454.62 | -0.00M | -0.00M | -16.06 | -64.55 | -40.20 | -162.00 | 48.54 | -29.16 | -13.97 | -202.63 | 2.69 | -16.22 | 47.21 | -76.87 | -23.31 | -43.91 | |||||||
| EPS (Diluted) | -158.88 | -308.04 | -224.71 | -440.85 | -0.00M | -0.00M | -15.40 | -61.92 | -38.57 | -162.00 | 48.54 | -29.16 | -13.97 | -202.63 | 2.69 | -16.22 | 47.21 | -76.87 | -23.31 | -43.91 | |||||||
| Shares Outstanding | 0.02M | 0.03M | 0.03M | 0.03M | 0.03M | 0.04M | 0.04M | 0.04M | 0.04M | 0.07M | 0.07M | 0.07M | 0.07M | 0.07M | 0.07M | 0.07M | 0.07M | 0.07M | 0.07M | 0.07M | |||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 0.02M | 0.03M | 0.03M | 0.03M | 0.03M | 0.04M | 0.04M | 0.04M | 0.04M | 0.07M | 0.07M | 0.07M | 0.07M | 0.07M | 0.07M | 0.07M | 0.07M | 0.07M | 0.07M | 0.07M | |||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 0.04M | 0.04M | 0.07M | ||||||||||||||||||||||||
| EBITDA | -6.45M | -6.93M | 6.99M | 4.41M | 4.24M | -37.48M | 2.68M | 1.30M | 1.69M | -15.00M | -4.18M | -2.10M | -0.70M | -0.56M | 0.11M | -0.25M | -3.02M | -5.19M | -1.22M | -1.51M | |||||||
| Interest ExpensesInt Expense | 0.03M | 0.10M | -1.05M | -1.72M | -0.59M | -1.57M | -0.36M | -1.07M | -0.11M | -1.57M | -1.27M | -0.50M | -0.62M | -2.11M | |||||||||||||
| Tax Rate | -67.34% | -3.64% | 0.71% | 21.39% | 4.71% | 0.26% | 1.81% | 4.14% | -6.22% | -4.45% | -1.81% | 19.53% | 2.35% | 3.73% | 19.86% | 2.04% | -3.79% | -0.08% | -1.63% | 1.06% |