IANTHUS CAPITAL HOLDINGS, INC. financials
Source: EDGAR filings · Built 2026-06-19T01:05:24Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -20.63M | 7.03M | 205.00K | -26.43M | -3.29M | -23.26M |
| EBITDA | 3.87M | 16.22M | -2.56M | -81.06M | 7.26M | -221.97M |
| Working Capital | -19.78M | -655.00K | -79.92M | -41.94M | -231.66M | -186.26M |
| Net Debt | 216.31M | 191.92M | 187.90M | 169.60M | 215.29M | 195.28M |
| Gross Margin | 45.63% | 44.83% | 39.67% | 45.60% | 53.95% | 53.96% |
| Operating Margin | -10.71% | -5.08% | -18.67% | -68.90% | -11.71% | -164.76% |
| Net Margin | -27.92% | -4.56% | -48.12% | -275.34% | -38.17% | -206.61% |
| Return on Equity (ROE) | 39.02% | 11.65% | 124.25% | -4089.46% | 327.81% | -662.09% |
| Return on Assets (ROA) | -15.71% | -2.82% | -27.62% | -148.09% | -22.46% | -88.74% |
| Current Ratio | 0.71× | 0.99× | 0.36× | 0.55× | 0.19× | 0.20× |
| Debt-to-Equity | -2.21× | -3.21× | -3.26× | 16.74× | -9.67× | 4.36× |
| Effective Tax Rate | -73.55% | 69.83% | -54.92% | -2.44% | -38.99% | -6.32% |
| Cash Conversion Ratio | -0.08× | -1.64× | -0.05× | 0.04× | -0.21× | 0.03× |
| Accruals Ratio | -0.17× | -0.07× | -0.29× | -1.42× | -0.27× | -0.86× |
| SBC % of Revenue | 1.28% | 1.26% | 2.85% | 18.64% | 3.21% | 7.61% |
| CapEx Coverage | 0.13× | 2.27× | 1.06× | -2.81× | 0.83× | -0.73× |
| Free Cash Flow Per Share | $-0.00 | $0.00 | $0.00 | $-7.84 | $-19.17 | $-0.14 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenues | 143.99M | 167.57M | 159.24M | 163.21M | 203.02M | 151.67M |
| Cost of Revenue | 78.29M | 92.45M | 96.07M | 88.78M | 93.49M | 69.83M |
| Gross Profit | 65.70M | 75.11M | 63.17M | 74.43M | 109.53M | 81.84M |
| Selling, General and Administrative Expense | 60.89M | 62.18M | 67.86M | 128.09M | 96.97M | 98.38M |
| Operating Expenses | 81.11M | 83.63M | 92.90M | 186.89M | 133.31M | 331.73M |
| Operating Income (Loss) | -15.42M | -8.51M | -29.73M | -112.45M | -23.78M | -249.89M |
| Income Tax Expense (Benefit) | 17.04M | -17.68M | 27.16M | 10.69M | 21.74M | 18.63M |
| Net Income (Loss) Attributable to Parent | -40.20M | -7.64M | -76.62M | -449.39M | -77.49M | -313.36M |
| Earnings Per Share, Basic | $-0.01 | $0.00 | $-0.01 | $-0.13 | $-0.45 | — |
| Weighted Average Number of Shares Outstanding, Basic | 6.70B | 6.54B | 6.44B | 3.37M | 171,718 | — |
| Earnings Per Share, Diluted | $-0.01 | $0.00 | $-0.01 | $-0.13 | $-0.45 | — |
| Weighted Average Number of Shares Outstanding, Diluted | 6.70B | 6.54B | 6.44B | 3.37M | 171,718 | — |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Assets, Current | 48.73M | 74.64M | 45.51M | 50.62M | 53.65M | 45.62M |
| Assets | 255.99M | 271.04M | 277.41M | 303.47M | 344.99M | 353.13M |
| Long-term Debt | 193.99M | 182.33M | 165.28M | 147.31M | 193.38M | 171.18M |
| Liabilities, Current | 68.51M | 75.29M | 125.43M | 92.57M | 285.31M | 231.88M |
| Long-term Debt, Excluding Current Maturities | 193.99M | 182.26M | 165.22M | 147.26M | 28.00M | 14.13M |
| Liabilities | 359.03M | 336.58M | 339.07M | 292.48M | 368.63M | 305.80M |
| Stockholders' Equity Attributable to Parent | -103.04M | -65.54M | -61.67M | 10.99M | -23.64M | 47.33M |
| Common Stock, Shares, Outstanding | 6.86B | 6.68B | 6.51B | 6.40M | 171.72M | 171.72M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 3.15M | 12.54M | 3.78M | -19.50M | 16.15M | -9.83M |
| Payments to Acquire Property, Plant, and Equipment | 23.78M | 5.52M | 3.57M | 6.94M | 19.44M | 13.44M |
| Net Cash Provided by (Used in) Investing Activities | 2.30M | -6.28M | -4.39M | -4.74M | -21.32M | -14.74M |
| Net Cash Provided by (Used in) Financing Activities | -12.67M | -339.00K | -618.00K | 22.06M | 10.24M | 1.26M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -1.03M | -5.05M | -15.58M | -2.11M | -1.66M | -897.00K |
| EBITDA | 2.38M | 1.55M | — | — | 2.70M | 3.98M |
| Working Capital | -21.88M | -19.78M | -17.77M | -21.13M | -14.81M | -655.00K |
| Net Debt | 221.05M | 216.31M | 203.75M | 195.86M | 188.09M | 191.92M |
| Gross Margin | 47.51% | 42.74% | 44.03% | 45.91% | 49.52% | 44.80% |
| Operating Margin | -6.84% | -10.74% | -12.00% | -15.26% | -5.27% | -4.84% |
| Net Margin | -42.70% | -39.93% | -35.45% | -53.20% | 13.51% | 65.06% |
| Return on Equity (ROE) | 12.25% | 13.67% | 14.00% | 24.02% | -8.64% | -42.40% |
| Return on Assets (ROA) | -5.59% | -5.50% | -4.90% | -6.97% | 1.89% | 10.25% |
| Current Ratio | 0.70× | 0.71× | 0.75× | 0.73× | 0.81× | 0.99× |
| Debt-to-Equity | -1.99× | -2.21× | -2.47× | -2.81× | -3.56× | -3.21× |
| Effective Tax Rate | -95.64% | -62.63% | -38.27% | -28.32% | 43.77% | 508.18% |
| Cash Conversion Ratio | -0.07× | -0.14× | -0.09× | -0.34× | 0.61× | 0.07× |
| Accruals Ratio | -0.06× | -0.06× | -0.05× | -0.09× | 0.01× | 0.10× |
| SBC % of Revenue | 1.50% | 0.93% | 4.29% | 3.03% | 1.37% | 0.99% |
| CapEx Coverage | 0.50× | 0.28× | 0.07× | 0.75× | 0.65× | 0.67× |
| Free Cash Flow Per Share | $-0.00 | $-0.00 | $-0.00 | $-0.00 | $-0.00 | $-0.00 |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 33.51M | 35.29M | 35.39M | 35.19M | 38.12M | 42.72M |
| Cost of Revenue | 17.59M | 20.21M | 19.81M | 19.03M | 19.24M | 23.58M |
| Gross Profit | 15.92M | 15.09M | 15.58M | 16.15M | 18.88M | 19.14M |
| Selling, General and Administrative Expense | 14.32M | 13.22M | 15.03M | 15.81M | 16.82M | 15.74M |
| Operating Expenses | 18.21M | 18.88M | 19.83M | 21.52M | 20.89M | 21.21M |
| Operating Income (Loss) | -2.29M | -3.79M | -4.25M | -5.37M | -2.01M | -2.07M |
| Income Tax Expense (Benefit) | 7.00M | 5.43M | 3.47M | 4.13M | 4.01M | -34.60M |
| Net Income (Loss) Attributable to Parent | -14.31M | -14.09M | -12.54M | -18.72M | 5.15M | 27.79M |
| Earnings Per Share, Basic | $0.00 | $-0.01 | $0.00 | $0.00 | $0.00 | $0.01 |
| Weighted Average Number of Shares Outstanding, Basic | 6.96B | 6.70B | 6.75B | 6.75B | 6.74B | 6.54B |
| Earnings Per Share, Diluted | $0.00 | $-0.01 | $0.00 | $0.00 | $0.00 | $0.01 |
| Weighted Average Number of Shares Outstanding, Diluted | 6.96B | 6.70B | 6.75B | 6.75B | 6.74B | 6.54B |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Assets, Current | 50.00M | 48.73M | 52.79M | 58.04M | 63.02M | 74.64M |
| Assets | 255.84M | 255.99M | 255.95M | 268.68M | 272.53M | 271.04M |
| Long-term Debt | 198.73M | 193.99M | 189.17M | 187.11M | 183.12M | 182.33M |
| Liabilities, Current | 71.88M | 68.51M | 70.56M | 79.17M | 77.83M | 75.29M |
| Long-term Debt, Excluding Current Maturities | 198.73M | 193.99M | 180.72M | 175.90M | 171.22M | 182.26M |
| Liabilities | 372.69M | 359.03M | 345.55M | 346.59M | 332.15M | 336.58M |
| Stockholders' Equity Attributable to Parent | -116.85M | -103.04M | -89.60M | -77.92M | -59.63M | -65.54M |
| Common Stock, Shares, Outstanding | 6.97B | 6.86B | 6.82B | 6.74B | 6.75B | 6.68B |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 1.01M | 1.97M | 1.18M | 6.28M | 3.12M | 1.86M |
| Payments to Acquire Property, Plant, and Equipment | 2.04M | 7.02M | 16.76M | 8.39M | 4.78M | 2.75M |
| Net Cash Provided by (Used in) Investing Activities | -1.61M | -7.57M | 9.87M | 7.82M | 11.11M | -3.46M |
| Net Cash Provided by (Used in) Financing Activities | -62.00K | -457.00K | -12.21M | -9.26M | -8.26M | -160.00K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (ITHUF CIK 0001643154),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.