![MARIMED INC. [MRMD] posts $13.61M profit as revenue rises 10.33% to $134.01M](/_next/image?url=http%3A%2F%2F10kinfo-appdata.s3.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FMRMD.png&w=3840&q=75)
MARIMED INC. [MRMD] posts $13.61M profit as revenue rises 10.33% to $134.01M
By SYSTEM
Published - Mar 06, 2023, 02:33 AM ET
Last Updated - Mar 06, 2023, 12:31 PM EST
| EPS: | 0.04 | Net Sales: | $134.01M |
MARIMED INC. [MRMD] posted a profit of $13.61M, marking a rise of 78.58% for this year.
Revenue rose to $134.01M this year compared to $121.46M in the previous year.
The Massachusetts(MA)-based company’s earnings per share came in at 0.04, compared to 0.02 in the last report.
According to the latest annual report the company has filed with the SEC, current earnings were $13.61M, up 78.58% from $7.62M.
The company’s net sales for the period were $134.01M, up 10.33%. Net sales in the previous year were $121.46M.
