← BackVerano Holdings Corp. · Agricultural Production-CropsVRNO
Moderate riskNext report: In 1 days (est.)
The short versionA company still losing money with steady sales.
Money moves
- No insider buying or selling in the last 30 days
Facts from SEC filings, not a recommendation.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$217.9M+7.7% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $835.5M, down 1.4% from the 12 months before. Over 5 years, sales grew about 29% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.0.0%
- MissDebt under half of equityNot relying on borrowed money.0.57x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.0.0%
- MissProfitable every yearSteady profits, not one good year.1 of 6 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$11.6M
- MissShare count not growingNot diluting owners. Falling means buybacks.+8.9% in 3 years
- PassGross margin 40%+Pricing power: sells for well above what it costs to make.50.3%
- Revenue
- $821.5M
- -6.5% vs prior year
- 5-year growth
- +29.2%/yr
- revenue, per year
- Total debt
- $399.7M
- 0.57x equity
- Current ratio
- 2.88x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $217.9M
- +7.7% YoY
- EPS
- -$0.18
- vs -$0.27
- Op. margin
- 1.4%
- -11.6 pts
- Gross margin
- 45.8%
- -10.1 pts
- Free cash flow
- $18.8M
- Share count
- +1.3%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 0.2
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Share count growthYearly rate, last 3 years
+2.9%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.6x · $392.6M debtShares outstandingLatest reported
73MWhy moderate risk- Losing money, losses are large next to sales
- 1 offering filing in 6 months (may sell new shares)
Next reportIn 1 days (est.)Estimated from the same quarter last year
- Results filedAug 5
- Results filedApr 30
- Results filedMar 12
- Results filedOct 29, 2025
- Results filedAug 7, 2025
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
Option exerciseJosh HeineVP, Corporate Controller
163 shares
- +7% of holdings
- Now owns 2,353 shares
- Filed 2 days after trade
- Also: Shares withheld for taxes
Option exerciseAaron Nathaniel MilesChief Investment Officer
200,000 shares
- +54% of holdings
- Now owns 571,478 shares
- Filed 1 day after trade
- Also: Shares withheld for taxes
Option exerciseJames Angelo LeventisSee remarks
200,000 shares
- +116% of holdings
- Now owns 372,277 shares
- Filed 1 day after trade
- Also: Shares withheld for taxes
Option exerciseRichard C TarapchakChief Financial Officer
300,000 shares
- +109% of holdings
- Now owns 574,910 shares
- Filed 1 day after trade
- Also: Shares withheld for taxes
Option exerciseLaura Marie KalesnikSee remarks
250,000 shares
- +60% of holdings
- Now owns 668,059 shares
- Filed 1 day after trade
- Also: Shares withheld for taxes
Option exerciseEdward Aloysious Iii McdermottChief Operating Officer
300,000 shares
- +96% of holdings
- Now owns 612,326 shares
- Filed 1 day after trade
- Also: Shares withheld for taxes