Columbia Care Inc. CCHW CCHW CCHWF 3LP released Monday preliminary results for the full year ended December 31, 2021, reporting revenue of $460 million, up by 156% from 2020.
At this time, the company is working to complete its first U.S. GAAP audit and will report its financial results for the fourth quarter and full-year ended December 31, 2021, before U.S. financial markets open on Thursday, March 24, 2022.
Full Year Preliminary Results Summary
- Revenue amounted to $460.08 million, compared to $179.50 million in 2020;
- Gross profit was $194.02 million, versus $62.14 million in the previous year;
- Net loss was $146.85 million, compared to a net loss of $119.65 million in 2020;
- Adjusted EBITDA was a gain of $57.85 million, versus adjusted EBITDA loss of $19.8 million in the prior year;
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