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Cronos Group Inc headquartered in Toronto, Canada, cultivates and sells medicinal and recreational cannabis through its medicinal brand, Peace Naturals, and its two recreational brands, Cove and Spinach. Although it primarily operates in Canada, Cronos exports medical cannabis primarily to Israel. In the U.S., the company has an option to acquire 5.9% of U.S. multistate operator PharmaCann on a fully diluted basis upon easing of federal prohibition.
2012
459
LTM Revenue $179M
LTM EBITDA -$37.7M
-$197M
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Cronos Group has a last 12-month revenue of $179M and a last 12-month EBITDA of -$37.7M.
In the most recent fiscal year, Cronos Group achieved revenue of $82.3M and an EBITDA of -$35.1M.
Cronos Group expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Cronos Group valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $61.0M | $82.3M | XXX | XXX | XXX |
| Gross Profit | $8.4M | $8.3M | XXX | XXX | XXX |
| Gross Margin | 14% | 10% | XXX | XXX | XXX |
| EBITDA | -$50.2M | -$35.1M | XXX | XXX | XXX |
| EBITDA Margin | -82% | -43% | XXX | XXX | XXX |
| Net Profit | -$118M | -$51.7M | XXX | XXX | XXX |
| Net Margin | -193% | -63% | XXX | XXX | XXX |
| Net Debt | n/a | n/a | XXX | XXX | XXX |
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As of April 15, 2025, Cronos Group's stock price is CAD 2 (or $2).
Cronos Group has current market cap of CAD 907M (or $634M), and EV of -CAD 281M (or -$197M).
See Cronos Group trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| -$197M | $634M | XXX | XXX | XXX | XXX | $0.07 |
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Sign UpAs of April 15, 2025, Cronos Group has market cap of $634M and EV of -$197M.
Cronos Group's trades at -1.6x LTM EV/Revenue multiple, and 7.5x LTM EBITDA.
Analysts estimate Cronos Group's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Cronos Group and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | -$197M | XXX | XXX | XXX |
| EV/Revenue | -2.4x | XXX | XXX | XXX |
| EV/EBITDA | 5.6x | XXX | XXX | XXX |
| P/E | 22.1x | XXX | XXX | XXX |
| P/E/Growth | -2.4x | XXX | XXX | XXX |
| EV/FCF | -49.5x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpCronos Group's NTM/LTM revenue growth is 12%
Cronos Group's revenue per employee for the last fiscal year averaged $0.2M, while opex per employee averaged $0.1M for the same period.
Over next 12 months, Cronos Group's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Cronos Group's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Cronos Group and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 35% | XXX | XXX | XXX | XXX |
| EBITDA Margin | -43% | XXX | XXX | XXX | XXX |
| EBITDA Growth | -30% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | -31% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.2M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.1M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 18% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 47% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | 4% | XXX | XXX | XXX | XXX |
| Opex to Revenue | 72% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Live Verdure | XXX | XXX | XXX | XXX | XXX | XXX |
| Ascend Wellness Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| Ayr Wellness | XXX | XXX | XXX | XXX | XXX | XXX |
| Cresco Labs | XXX | XXX | XXX | XXX | XXX | XXX |
| Grown Rogue | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Cronos Group acquired XXX companies to date.
Last acquisition by Cronos Group was XXXXXXXX, XXXXX XXXXX XXXXXX . Cronos Group acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Cronos Group founded? | Cronos Group was founded in 2012. |
| Where is Cronos Group headquartered? | Cronos Group is headquartered in Canada. |
| How many employees does Cronos Group have? | As of today, Cronos Group has 459 employees. |
| Who is the CEO of Cronos Group? | Cronos Group's CEO is Mr. Michael Gorenstein. |
| Is Cronos Group publicy listed? | Yes, Cronos Group is a public company listed on TSE. |
| What is the stock symbol of Cronos Group? | Cronos Group trades under CRON ticker. |
| When did Cronos Group go public? | Cronos Group went public in 2014. |
| Who are competitors of Cronos Group? | Similar companies to Cronos Group include e.g. Live Verdure, Ascend Wellness Holdings, Ayr Wellness, Cresco Labs. |
| What is the current market cap of Cronos Group? | Cronos Group's current market cap is $634M |
| What is the current revenue of Cronos Group? | Cronos Group's last 12-month revenue is $179M. |
| What is the current EBITDA of Cronos Group? | Cronos Group's last 12-month EBITDA is -$37.7M. |
| What is the current EV/Revenue multiple of Cronos Group? | Current revenue multiple of Cronos Group is -1.6x. |
| What is the current EV/EBITDA multiple of Cronos Group? | Current EBITDA multiple of Cronos Group is 7.5x. |
| What is the current revenue growth of Cronos Group? | Cronos Group revenue growth between 2023 and 2024 was 35%. |
| Is Cronos Group profitable? | Yes, Cronos Group is EBITDA-positive (as of the last 12 months). |
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