Columbia Care Inc. Announces Consolidated Earnings Results for the Three Months and Year Ended December 31, 2020
March 16, 2021 at 07:00 am EDT
Columbia Care Inc. announced consolidated earnings results for the three months and year ended December 31, 2020. For three months, the company reported revenue of USD 76,064,000 against USD 23,172,000 a year ago. Loss from operations was USD 27,002,000 against USD 16,587,000 a year ago. Net loss was USD 73,679,000 against USD 28,016,000 a year ago. Net loss attributable to company shareholders was USD 55,677,000 against USD 25,824,000 a year ago. Basic and diluted earnings per common share attributable to company shareholders was USD 0.21 against USD 0.12 a year ago.
For the year, the company reported revenue of USD 179,503,000 against USD 77,459,000 a year ago. Loss from operations was USD 74,097,000 against USD 92,890,000 a year ago. Net loss was USD 133,200,000 against USD 106,728,000 a year ago. Net loss attributable to company shareholders was USD 110,776,000 against USD 102,589,000 a year ago. Basic and diluted earnings per common share attributable to company shareholders was USD 0.48 against USD 0.49 a year ago.