Cronos Group Inc. Earnings Per Share Disclosure
| Year ended December 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| Basic income (loss) per share computation | |||||||||||||||||
| Net income (loss) from continuing operations attributable to the shareholders of Cronos Group | $ | (9,447) | $ | 41,080 | $ | (69,849) | |||||||||||
| Weighted-average number of common shares outstanding for computation for basic income (loss) per share | 383,468,522 | 382,058,056 | 380,964,739 | ||||||||||||||
| Basic income (loss) from continuing operations per share | $ | (0.02) | $ | 0.11 | $ | (0.18) | |||||||||||
| Loss from discontinued operations attributable to the shareholders of Cronos Group | $ | — | $ | — | $ | (4,114) | |||||||||||
| Weighted-average number of common shares outstanding for computation of basic loss from discontinued operations per share | 383,468,522 | 382,058,056 | 380,964,739 | ||||||||||||||
| Basic loss from discontinued operations per share | $ | — | $ | — | $ | (0.01) | |||||||||||
| Diluted income (loss) per share computation | |||||||||||||||||
| Net income (loss) from continuing operations attributable to the shareholders of Cronos Group | $ | (9,447) | $ | 41,080 | $ | (69,849) | |||||||||||
| Weighted-average number of common shares outstanding used in the computation of basic income (loss) per share | 383,468,522 | 382,058,056 | 380,964,739 | ||||||||||||||
| Dilutive effect of RSUs | — | 3,243,564 | — | ||||||||||||||
| Dilutive effect of Altria Warrant | — | 255,382 | — | ||||||||||||||
Weighted-average number of common shares for computation of diluted income (loss) from continuing operations per share(i) | 383,468,522 | 385,557,002 | 380,964,739 | ||||||||||||||
| Diluted income (loss) from continuing operations per share | $ | (0.02) | $ | 0.11 | $ | (0.18) | |||||||||||
| Loss from discontinued operations attributable to the shareholders of Cronos Group | $ | — | $ | — | $ | (4,114) | |||||||||||
| Weighted-average number of common shares for computation of diluted loss from discontinued operations per share | 383,468,522 | 382,058,056 | 380,964,739 | ||||||||||||||
| Diluted loss from discontinued operations per share | $ | — | $ | — | $ | (0.01) | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 26, 2026 | Showing above |
| 2022 | Feb 28, 2023 | |
| 2021 | Mar 1, 2022 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.