4Front Ventures Corp. financial data

Symbol
FFNTF on OTC
Industry
Medicinal Chemicals & Botanical Products
Location
7010 E. Chauncey Lane Ste. 235, Phoenix, AZ
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 32.2 % -50.8%
Quick Ratio 16.1 % -52.6%
Debt-to-equity -673 %
Return On Equity 197 %
Return On Assets -34.3 % -98.8%
Operating Margin -36.4 % -288%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 914M shares
Common Stock, Shares, Outstanding 915M shares +40.8%
Entity Public Float 89M USD
Weighted Average Number of Shares Outstanding, Basic 914M shares +41.3%
Weighted Average Number of Shares Outstanding, Diluted 914M shares +41.3%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 81.5M USD -23.6%
Revenue from Contract with Customer, Excluding Assessed Tax 72.2M USD -23.8%
Selling and Marketing Expense 22.2M USD +10.1%
General and Administrative Expense 7.53M USD +14.9%
Operating Income (Loss) -29.7M USD -196%
Nonoperating Income (Expense) -23.4M USD +81%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -53.1M USD -297%
Income Tax Expense (Benefit) 2.08M USD -75.9%
Net Income (Loss) Attributable to Parent -92.1M USD -60.7%
Earnings Per Share, Basic -0.02 USD/shares -100%
Earnings Per Share, Diluted -0.02 USD/shares -100%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 5.4M USD
Accounts Receivable, after Allowance for Credit Loss, Current 5.03M USD -50.4%
Inventory, Net 17.6M USD -30.8%
Assets, Current 36.1M USD -24%
Property, Plant and Equipment, Net 37.6M USD -32.2%
Operating Lease, Right-of-Use Asset 132M USD -2.42%
Intangible Assets, Net (Excluding Goodwill) 25.8M USD -12.5%
Goodwill 41.8M USD -22.5%
Assets 279M USD -15.6%
Accounts Payable, Current 13.3M USD -9.94%
Contract with Customer, Liability, Current 639K USD -58.4%
Liabilities, Current 113M USD +39.7%
Contract with Customer, Liability, Noncurrent 2M USD 0%
Deferred Income Tax Liabilities, Net 11.9M USD +56.1%
Operating Lease, Liability, Noncurrent 139M USD +1.39%
Liabilities 324M USD +0.26%
Retained Earnings (Accumulated Deficit) -451M USD -25.7%
Stockholders' Equity Attributable to Parent -44.6M USD -678%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -44.5M USD -669%
Liabilities and Equity 279M USD -15.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 2.28M USD
Net Cash Provided by (Used in) Financing Activities -1.03M USD +68.5%
Net Cash Provided by (Used in) Investing Activities -1.77M USD -262%
Common Stock, Shares, Issued 915M shares +40.8%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -509K USD +95.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 89K USD -94.3%
Deferred Tax Assets, Valuation Allowance 8.52M USD +44.5%
Deferred Tax Assets, Gross 22.4M USD -11.6%
Operating Lease, Liability 126M USD
Depreciation 3.4M USD +386%
Payments to Acquire Property, Plant, and Equipment 1.77M USD +940%
Lessee, Operating Lease, Liability, to be Paid 391M USD
Property, Plant and Equipment, Gross 52.1M USD -27.8%
Operating Lease, Liability, Current 3.65M USD +0.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 16.9M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 16.3M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.14 pure 0%
Deferred Income Tax Expense (Benefit) 0 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 266M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 17.3M USD
Unrecognized Tax Benefits 8.52M USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 17.7M USD
Additional Paid in Capital 68.9M USD +13.5%
Amortization of Intangible Assets 485K USD -30.5%
Depreciation, Depletion and Amortization 1.26M USD -8.91%
Deferred Tax Assets, Net of Valuation Allowance 13.9M USD -28.6%
Interest Expense 13.1M USD -0.21%