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Flora Growth (FLGC) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Flora Growth Revenue Highlights

Latest Revenue (Y)

$59.51M

Latest Revenue (Q)

$15.68M

Main Segment (Y)

Pharmaceuticals and Nutraceuticals

Main Geography (Y)

GERMANY

Flora Growth Revenue by Period

Flora Growth Revenue by Year

DateRevenueChange
2024-12-31$59.51M-21.78%
2023-12-31$76.07M104.65%
2022-12-31$37.17M313.93%
2021-12-31$8.98M8371.70%
2020-12-31$106.00K100.00%
2019-12-31--

Flora Growth generated $59.51M in revenue during NA 2024, up -21.78% compared to the previous quarter, and up Infinity% compared to the same period a year ago.

Flora Growth Revenue by Quarter

DateRevenueChange
2024-06-30$15.68M-13.02%
2024-03-31$18.03M0.31%
2023-12-31$17.98M3.80%
2023-09-30$17.32M-19.31%
2023-06-30$21.46M6.73%
2023-03-31$20.11M75.01%
2022-12-31$11.49M6.73%
2022-09-30$10.77M7.96%
2022-06-30$9.97M101.60%
2022-03-31$4.95M3.71%
2021-12-31$4.77M127.85%
2021-09-30$2.09M80.59%
2021-06-30$1.16M9.44%
2021-03-31$1.06M1898.11%
2020-12-31$53.00K-
2020-09-30$53.00K100.00%
2020-06-30-100.00%
2020-03-31-100.00%
2019-06-30--

Flora Growth generated $15.68M in revenue during Q2 2024, up -13.02% compared to the previous quarter, and up 78.00% compared to the same period a year ago.

Flora Growth Revenue Breakdown

Flora Growth Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 21
Pharmaceuticals and Nutraceuticals$2.34M

Flora Growth's latest annual revenue breakdown by segment (product or service), as of Dec 21: Pharmaceuticals and Nutraceuticals (100.00%).

Flora Growth Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 23Dec 21
AUSTRALIA$671.00K--
GERMANY$35.87M$38.26M-
UNITED STATES$22.24M$36.54M-
United States--$1.68M
Pharmaceuticals and Nutraceuticals--$2.34M
Canada--$380.00K

Flora Growth's latest annual revenue breakdown by geography, as of Dec 24: GERMANY (61.02%), UNITED STATES (37.84%), and AUSTRALIA (1.14%).

Quarterly Revenue by Country

CountryDec 24Sep 24Mar 24Dec 23Jun 23
AUSTRALIA$482.00K$189.00K---
UNITED STATES$10.88M$4.84M$6.52M$26.18M$10.35M
GERMANY$17.28M$7.24M$11.34M$27.46M$10.80M

Flora Growth's latest quarterly revenue breakdown by geography, as of Dec 24: GERMANY (60.33%), UNITED STATES (37.99%), and AUSTRALIA (1.68%).

Flora Growth Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
PTPIPetros Pharmaceuticals$5.11B$1.42M
INCRInterCure$355.55M$73.47M
FLGCFlora Growth$59.51M$15.68M
TKNOAlpha Teknova$37.74M$9.58M
SBFMSunshine Biopharma$34.87M$9.30M
SNOASonoma Pharmaceuticals$12.73M$3.56M
PRFXPainReform--

FLGC Revenue FAQ

What is Flora Growth’s yearly revenue?

Flora Growth's yearly revenue for 2024 was $59.5M, representing a decrease of -21.78% compared to 2023. The company's yearly revenue for 2023 was $76.07M, representing an increase of 104.65% compared to 2022. FLGC's yearly revenue for 2022 was $37.17M, representing an increase of 313.93% compared to 2021.

What is Flora Growth’s quarterly revenue?

Flora Growth's quarterly revenue for Q2 2024 was $15.68M, a -13.02% decrease from the previous quarter (Q1 2024), and a -26.92% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $18.03M, a 0.31% increase from the previous quarter (Q4 2023), and a -10.32% decrease year-over-year (Q1 2023). FLGC's quarterly revenue for Q4 2023 was $17.98M, a 3.80% increase from the previous quarter (Q3 2023), and a 56.45% increase year-over-year (Q4 2022).

What is Flora Growth’s revenue growth rate?

Flora Growth's revenue growth rate for the last 3 years (2022-2024) was 60.08%, and for the last 5 years (2020-2024) was 56036.79%.

What are Flora Growth’s revenue streams?

Flora Growth's revenue streams in c 21 are Pharmaceuticals and Nutraceuticals

What is Flora Growth’s main source of revenue?

For the fiscal year ending Dec 21, the largest source of revenue of Flora Growth was Pharmaceuticals and Nutraceuticals. This segment made a revenue of $2.34M, representing 100.00% of the company's total revenue.