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40-F Filing

CRONOS GROUP INC. CIK: 1656472 FY 2018
Filing Information
Form Type 40-F
Accession Number 0001193125-19-085847
Period End Date 20181231
Filing Date 20190326
Fiscal Year 2018
Fiscal Period FY
XBRL Instance cron-20181231.xml
Filing Contents
Balance Sheet 68 line items
Line Item Tag Value Unit Period
Cash CashAndCashEquivalents 9.21M CAD Point-in-time
Cash CashAndCashEquivalents 3.46M CAD Point-in-time
Cash CashAndCashEquivalents 32.63M CAD Point-in-time
Accounts receivable CurrentTradeReceivables 1.14M CAD Point-in-time
Accounts receivable CurrentTradeReceivables 4.16M CAD Point-in-time
Sales taxes receivable CurrentReceivablesFromTaxesOtherThanIncomeTax 3.11M CAD Point-in-time
Sales taxes receivable CurrentReceivablesFromTaxesOtherThanIncomeTax 3.42M CAD Point-in-time
Prepaids and other receivables CurrentPrepaymentsAndOtherCurrentAssets 3.88M CAD Point-in-time
Prepaids and other receivables CurrentPrepaymentsAndOtherCurrentAssets 790,000.00 CAD Point-in-time
Biological assets CurrentBiologicalAssets 3.72M CAD Point-in-time
Biological assets CurrentBiologicalAssets 9.07M CAD Point-in-time
Inventory Inventories 8.42M CAD Point-in-time
Inventory Inventories 11.58M CAD Point-in-time
Loan receivable CurrentLoansAndReceivables 314,000.00 CAD Point-in-time
Loan receivable CurrentLoansAndReceivables 314,000.00 CAD Point-in-time
Total current assets CurrentAssets 26.70M CAD Point-in-time
Total current assets CurrentAssets 65.06M CAD Point-in-time
Advances to joint ventures AdvancesToJointVentures 6.94M CAD Point-in-time
Investments in equity accounted investees InvestmentAccountedForUsingEquityMethod 2.57M CAD Point-in-time
Investments in equity accounted investees InvestmentAccountedForUsingEquityMethod 3.81M CAD Point-in-time
Investments in equity accounted investees InvestmentAccountedForUsingEquityMethod 3.49M CAD Point-in-time
Other investments NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod 705,000.00 CAD Point-in-time
Other investments NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod 1.35M CAD Point-in-time
Property, plant and equipment PropertyPlantAndEquipment 171.89M CAD Point-in-time
Property, plant and equipment PropertyPlantAndEquipment 56.17M CAD Point-in-time
Property, plant and equipment PropertyPlantAndEquipment 14.12M CAD Point-in-time
Intangible assets IntangibleAssetsOtherThanGoodwill 11.23M CAD Point-in-time
Intangible assets IntangibleAssetsOtherThanGoodwill 11.21M CAD Point-in-time
Intangible assets IntangibleAssetsOtherThanGoodwill 11.21M CAD Point-in-time
Goodwill Goodwill 1.79M CAD Point-in-time
Goodwill Goodwill 1.79M CAD Point-in-time
Goodwill Goodwill 1.79M CAD Point-in-time
Total assets Assets 261.12M CAD Point-in-time
Total assets Assets 101.03M CAD Point-in-time
Accounts payable and other liabilities TradeAndOtherCurrentPayables 15.53M CAD Point-in-time
Accounts payable and other liabilities TradeAndOtherCurrentPayables 7.85M CAD Point-in-time
Holdbacks payable HoldbacksPayableCurrent 7.89M CAD Point-in-time
Government remittances payable CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax 30,000.00 CAD Point-in-time
Government remittances payable CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax 1.12M CAD Point-in-time
Construction loan payable CurrentLoansReceivedAndCurrentPortionOfNoncurrentLoansReceived 20.95M CAD Point-in-time
Total current liabilities CurrentLiabilities 45.49M CAD Point-in-time
Total current liabilities CurrentLiabilities 7.88M CAD Point-in-time
Construction loan payable NoncurrentPortionOfNoncurrentLoansReceived 5.37M CAD Point-in-time
Due to non-controlling interests DueToNonControllingInterests 2.14M CAD Point-in-time
Deferred income tax liability DeferredTaxLiabilities 1.85M CAD Point-in-time
Deferred income tax liability DeferredTaxLiabilities 1.42M CAD Point-in-time
Total liabilities Liabilities 14.66M CAD Point-in-time
Total liabilities Liabilities 49.48M CAD Point-in-time
Share capital IssuedCapital 225.50M CAD Point-in-time
Share capital IssuedCapital 83.56M CAD Point-in-time
Warrants Warrants 3.36M CAD Point-in-time
Warrants Warrants 1.55M CAD Point-in-time
Stock options ReserveOfSharebasedPayments 6.24M CAD Point-in-time
Stock options ReserveOfSharebasedPayments 735,000.00 CAD Point-in-time
Stock options ReserveOfSharebasedPayments 2.29M CAD Point-in-time
Accumulated deficit RetainedEarnings -22.71M CAD Point-in-time
Accumulated deficit RetainedEarnings -3.72M CAD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncome 880,000.00 CAD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncome 930,000.00 CAD Point-in-time
Total equity attributable to shareholders of Cronos Group EquityAttributableToOwnersOfParent 211.50M CAD Point-in-time
Total equity attributable to shareholders of Cronos Group EquityAttributableToOwnersOfParent 86.37M CAD Point-in-time
Non-controlling interests NoncontrollingInterests 136,000.00 CAD Point-in-time
Non-controlling interests NoncontrollingInterests 0.00 CAD Point-in-time
Total shareholders' equity Equity 86.37M CAD Point-in-time
Total shareholders' equity Equity 211.64M CAD Point-in-time
Total shareholders' equity Equity 33.68M CAD Point-in-time
Total liabilities and shareholders' equity EquityAndLiabilities 101.03M CAD Point-in-time
Total liabilities and shareholders' equity EquityAndLiabilities 261.12M CAD Point-in-time
Income Statement 70 line items
Line Item Tag Value Unit Period
Gross revenue RevenueGross 17.14M CAD Annual
Gross revenue RevenueGross 4.08M CAD Annual
Excise taxes TaxExpenseOtherThanIncomeTaxExpense 1.44M CAD Annual
Net revenue Revenue 15.70M CAD Annual
Net revenue Revenue 4.08M CAD Annual
Cost of sales before fair value adjustments CostOfSalesBeforeFairValueAdjustments 2.04M CAD Annual
Cost of sales before fair value adjustments CostOfSalesBeforeFairValueAdjustments 7.65M CAD Annual
Gross profit before fair value adjustments GrossProfitLossBeforeFairValueAdjustments 8.05M CAD Annual
Gross profit before fair value adjustments GrossProfitLossBeforeFairValueAdjustments 2.04M CAD Annual
Unrealized change in fair value of biological assets GainsLossesOnFairValueAdjustmentBiologicalAssets 7.64M CAD Annual
Unrealized change in fair value of biological assets GainsLossesOnFairValueAdjustmentBiologicalAssets 11.57M CAD Annual
Realized fair value adjustments on inventory sold in the year RealizedFairValueAdjustmentsOnInventorySold -2.45M CAD Annual
Realized fair value adjustments on inventory sold in the year RealizedFairValueAdjustmentsOnInventorySold -8.35M CAD Annual
Total fair value adjustments GainsLossesOnFairValueAdjustments 3.22M CAD Annual
Total fair value adjustments GainsLossesOnFairValueAdjustments 5.19M CAD Annual
Gross profit GrossProfit 7.23M CAD Annual
Gross profit GrossProfit 11.27M CAD Annual
Sales and marketing SalesAndMarketingExpense 4.11M CAD Annual
Sales and marketing SalesAndMarketingExpense 575,000.00 CAD Annual
Research and development ResearchAndDevelopmentExpense 2.35M CAD Annual
General and administrative GeneralAndAdministrativeExpense 17.42M CAD Annual
General and administrative GeneralAndAdministrativeExpense 6.36M CAD Annual
Share-based payments ExpenseFromShareBasedPaymentTransactionsWithEmployeesAndNonemployees 4.24M CAD Annual
Share-based payments ExpenseFromShareBasedPaymentTransactionsWithEmployeesAndNonemployees 1.86M CAD Annual
Depreciation and amortization DepreciationAndAmortisationExpense 541,000.00 CAD Annual
Depreciation and amortization DepreciationAndAmortisationExpense 1.26M CAD Annual
Total operating expenses OperatingExpenseExcludingCostOfSales 9.34M CAD Annual
Total operating expenses OperatingExpenseExcludingCostOfSales 29.38M CAD Annual
Operating loss ProfitLossFromOperatingActivities -18.11M CAD Annual
Operating loss ProfitLossFromOperatingActivities -2.11M CAD Annual
Interest income (expense) InterestRevenueExpense -126,000.00 CAD Annual
Interest income (expense) InterestRevenueExpense 107,000.00 CAD Annual
Share of income (loss) from investments in equity accounted investees ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod -936,000.00 CAD Annual
Share of income (loss) from investments in equity accounted investees ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod 165,000.00 CAD Annual
Gain on other investments GainsLossesOnDisposalsOfInvestments 221,000.00 CAD Annual
Gain on other investments GainsLossesOnDisposalsOfInvestments 4.86M CAD Annual
Total other income (expense) OtherIncomeExpense 4.90M CAD Annual
Total other income (expense) OtherIncomeExpense -608,000.00 CAD Annual
Income (loss) before income taxes ProfitLossBeforeTax -18.72M CAD Annual
Income (loss) before income taxes ProfitLossBeforeTax 2.79M CAD Annual
Income tax expense IncomeTaxExpenseContinuingOperations 489,000.00 CAD Annual
Income tax expense IncomeTaxExpenseContinuingOperations 298,000.00 CAD Annual
Net income (loss) ProfitLoss -19.20M CAD Annual
Net income (loss) ProfitLoss 2.49M CAD Annual
Cronos Group ProfitLossAttributableToOwnersOfParent -18.97M CAD Annual
Cronos Group ProfitLossAttributableToOwnersOfParent 2.49M CAD Annual
Non-controlling interests ProfitLossAttributableToNoncontrollingInterests -235,000.00 CAD Annual
Net income (loss) ProfitLoss -19.20M CAD Annual
Net income (loss) ProfitLoss 2.49M CAD Annual
Gain on revaluation and disposal of other investments, net of tax OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation 947,000.00 CAD Annual
Gain on revaluation and disposal of other investments, net of tax OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation 46,000.00 CAD Annual
Foreign exchange gain on translation of foreign operations GainsLossesOnExchangeDifferencesOnTranslationNetOfTax 4,000.00 CAD Annual
Unrealized gains reclassified to net income IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings -1.65M CAD Annual
Total other comprehensive income (loss) OtherComprehensiveIncome -704,000.00 CAD Annual
Total other comprehensive income (loss) OtherComprehensiveIncome 50,000.00 CAD Annual
Comprehensive income (loss) ComprehensiveIncome 1.79M CAD Annual
Comprehensive income (loss) ComprehensiveIncome -19.16M CAD Annual
Cronos Group ComprehensiveIncomeAttributableToOwnersOfParent 1.79M CAD Annual
Cronos Group ComprehensiveIncomeAttributableToOwnersOfParent -18.92M CAD Annual
Non-controlling interests ComprehensiveIncomeAttributableToNoncontrollingInterests -235,000.00 CAD Annual
Comprehensive income (loss) ComprehensiveIncome 1.79M CAD Annual
Comprehensive income (loss) ComprehensiveIncome -19.16M CAD Annual
Basic BasicEarningsLossPerShare -0.11 CAD Annual
Basic BasicEarningsLossPerShare 0.02 CAD Annual
Diluted DilutedEarningsLossPerShare -0.11 CAD Annual
Diluted DilutedEarningsLossPerShare 0.01 CAD Annual
Basic WeightedAverageShares 172.27M shares Annual
Basic WeightedAverageShares 134.80M shares Annual
Diluted AdjustedWeightedAverageShares 176.79M shares Annual
Diluted AdjustedWeightedAverageShares 172.27M shares Annual
Cash Flow Statement 63 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss -19.20M CAD Annual
Net income (loss) ProfitLoss 2.49M CAD Annual
Unrealized change in fair value of biological assets GainsLossesOnFairValueAdjustmentBiologicalAssets 7.64M CAD Annual
Unrealized change in fair value of biological assets GainsLossesOnFairValueAdjustmentBiologicalAssets 11.57M CAD Annual
Realized fair value adjustments on inventory sold in the year RealizedFairValueAdjustmentsOnInventorySold -2.45M CAD Annual
Realized fair value adjustments on inventory sold in the year RealizedFairValueAdjustmentsOnInventorySold -8.35M CAD Annual
Share-based payments AdjustmentsForSharebasedPayments 1.86M CAD Annual
Share-based payments AdjustmentsForSharebasedPayments 4.24M CAD Annual
Depreciation and amortization AdjustmentsForDepreciationAndAmortisationExpense 2.51M CAD Annual
Depreciation and amortization AdjustmentsForDepreciationAndAmortisationExpense 996,000.00 CAD Annual
Share of loss (income) from investments in equity accounted investees ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod 165,000.00 CAD Annual
Share of loss (income) from investments in equity accounted investees ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod -936,000.00 CAD Annual
Gain on other investments AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets -221,000.00 CAD Annual
Gain on other investments AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets -4.86M CAD Annual
Deferred income tax expense AdjustmentsForDeferredTaxExpense 489,000.00 CAD Annual
Deferred income tax expense AdjustmentsForDeferredTaxExpense 298,000.00 CAD Annual
Foreign exchange gain NetForeignExchangeGain 11,000.00 CAD Annual
Net changes in non-cash working capital AdjustmentsForDecreaseIncreaseInNoncashWorkingCapitalToReconcileProfitLoss -984,000.00 CAD Annual
Net changes in non-cash working capital AdjustmentsForDecreaseIncreaseInNoncashWorkingCapitalToReconcileProfitLoss 4.74M CAD Annual
Cash flows used in operating activities CashFlowsFromUsedInOperatingActivities -5.55M CAD Annual
Cash flows used in operating activities CashFlowsFromUsedInOperatingActivities -9.74M CAD Annual
Repayment of purchase price liability PaymentOfContingentConsiderationLiabilities 2.59M CAD Annual
Investments in equity accounted investees PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod 621,000.00 CAD Annual
Investments in equity accounted investees PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod 1.08M CAD Annual
Investment in ABcann Global Corporation PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod 1.02M CAD Annual
Proceeds from sale of other investments ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod 10.88M CAD Annual
Proceeds from sale of other investments ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod 967,000.00 CAD Annual
Payment to exercise ABcann Global Corporation warrants CashOutflowFromTheExerciseOfWarrants 113,000.00 CAD Annual
Payment to exercise ABcann Global Corporation warrants CashOutflowFromTheExerciseOfWarrants 2.27M CAD Annual
Advances to joint ventures CashAdvancesAndLoansMadeToRelatedParties 0.00 CAD Annual
Advances to joint ventures CashAdvancesAndLoansMadeToRelatedParties 6.94M CAD Annual
Purchase of property, plant and equipment PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities 114.41M CAD Annual
Purchase of property, plant and equipment PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities 42.70M CAD Annual
Purchase of intangible assets PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities 360,000.00 CAD Annual
Cash flows used in investing activities CashFlowsFromUsedInInvestingActivities -38.77M CAD Annual
Cash flows used in investing activities CashFlowsFromUsedInInvestingActivities -121.47M CAD Annual
Proceeds from exercise of warrants ProceedsFromExerciseOfWarrants 2.80M CAD Annual
Proceeds from exercise of warrants ProceedsFromExerciseOfWarrants 1.62M CAD Annual
Payments from share appreciation rights PaymentsOfOtherEquityInstruments 21,000.00 CAD Annual
Proceeds from exercise of options ProceedsFromExerciseOfOptions 591,000.00 CAD Annual
Proceeds from exercise of options ProceedsFromExerciseOfOptions 584,000.00 CAD Annual
Proceeds from share issuance ProceedsFromIssuingShares 49.59M CAD Annual
Proceeds from share issuance ProceedsFromIssuingShares 146.03M CAD Annual
Share issuance costs PaymentsForShareIssueCosts 2.77M CAD Annual
Share issuance costs PaymentsForShareIssueCosts 9.58M CAD Annual
Proceeds from construction loan payable ProceedsFromNoncurrentBorrowings 6.30M CAD Annual
Proceeds from construction loan payable ProceedsFromNoncurrentBorrowings 15.01M CAD Annual
Payment of accrued interest on construction loan payable InterestPaidClassifiedAsFinancingActivities 185,000.00 CAD Annual
Repayment of mortgage payable RepaymentsOfCurrentBorrowings 4.00M CAD Annual
Transaction costs paid on construction loan payable PaymentsForDebtIssueCosts 1.28M CAD Annual
Cash flows provided by financing activities CashFlowsFromUsedInFinancingActivities 50.06M CAD Annual
Cash flows provided by financing activities CashFlowsFromUsedInFinancingActivities 154.64M CAD Annual
Net change in cash IncreaseDecreaseInCashAndCashEquivalents 23.43M CAD Annual
Net change in cash IncreaseDecreaseInCashAndCashEquivalents 5.74M CAD Annual
Cash - beginning of year CashAndCashEquivalents 9.21M CAD Point-in-time
Cash - beginning of year CashAndCashEquivalents 3.46M CAD Point-in-time
Cash - beginning of year CashAndCashEquivalents 32.63M CAD Point-in-time
Cash - end of year CashAndCashEquivalents 9.21M CAD Point-in-time
Cash - end of year CashAndCashEquivalents 3.46M CAD Point-in-time
Cash - end of year CashAndCashEquivalents 32.63M CAD Point-in-time
Interest paid InterestPaid1 200,000.00 CAD Annual
Interest paid InterestPaid1 870,000.00 CAD Annual
Interest received InterestReceived 22,000.00 CAD Annual
Stockholders Equity 24 line items
Line Item Tag Value Unit Period
Balance Equity 86.37M CAD Point-in-time
Balance Equity 211.64M CAD Point-in-time
Balance Equity 33.68M CAD Point-in-time
Shares issued IssueOfEquity 49.59M CAD Annual
Shares issued IssueOfEquity 146.03M CAD Annual
Share issuance costs ShareIssueRelatedCost 2.77M CAD Annual
Share issuance costs ShareIssueRelatedCost 9.58M CAD Annual
Vesting of options IncreaseDecreaseThroughSharebasedPaymentTransactions 1.86M CAD Annual
Vesting of options IncreaseDecreaseThroughSharebasedPaymentTransactions 4.24M CAD Annual
Options exercised IncreaseDecreaseThroughExerciseOfOptions 591,000.00 CAD Annual
Options exercised IncreaseDecreaseThroughExerciseOfOptions 584,000.00 CAD Annual
Options exercised, shares NumberOfShareOptionsExercisedInSharebasedPaymentArrangement 597,379.00 shares Annual
Options exercised, shares NumberOfShareOptionsExercisedInSharebasedPaymentArrangement 571,246.00 shares Annual
Warrants exercised IncreaseDecreaseThroughExerciseOfWarrantsEquity 2.80M CAD Annual
Warrants exercised IncreaseDecreaseThroughExerciseOfWarrantsEquity 1.62M CAD Annual
Share appreciation rights exercised IncreaseDecreaseThroughShareAppreciationRights -21,000.00 CAD Annual
Contribution by non-controlling interests NonControllingInterestContributions -371,000.00 CAD Annual
Net income (loss) ProfitLoss -19.20M CAD Annual
Net income (loss) ProfitLoss 2.49M CAD Annual
Other comprehensive income (loss) OtherComprehensiveIncome -704,000.00 CAD Annual
Other comprehensive income (loss) OtherComprehensiveIncome 50,000.00 CAD Annual
Balance Equity 86.37M CAD Point-in-time
Balance Equity 211.64M CAD Point-in-time
Balance Equity 33.68M CAD Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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