Im Cannabis Corp
NASDAQ: IMCC · HEALTHCARE · DRUG MANUFACTURERS - SPECIALTY & GENERIC
Updated 2026-06-03
Im Cannabis Corp (IMCC) Financial statements
SEC filings — annual and quarterly data.
Margin trends — annual
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2006 | — | $-611000.00 | — | — | — |
| 2007 | — | $-762000.00 | — | — | — |
| 2008 | — | $-1.41M | — | — | — |
| 2009 | — | $-1.32M | — | — | — |
| 2010 | — | $-669181.00 | — | — | — |
| 2011 | — | $-519773.00 | — | — | — |
| 2012 | — | $-5.37M | — | — | — |
| 2013 | — | $-228344.00 | — | — | — |
| 2014 | — | $-37687.00 | — | — | — |
| 2015 | — | $-45613.00 | — | — | — |
| 2016 | — | $-15750.00 | — | — | — |
| 2017 | $4.39M | $-124970.00 | 63.81% | -2.84% | -2.84% |
| 2018 | $5.20M | $1.68M | 80.78% | 59.32% | 32.38% |
| 2019 | $9.07M | $-7.29M | 43.30% | -113.24% | -80.36% |
| 2020 | $15.89M | $-28.70M | 65.88% | -51.89% | -180.60% |
| 2021 | $34.05M | $-17.76M | 18.60% | -67.64% | -52.16% |
| 2022 | $54.34M | $-188.89M | 16.86% | -56.67% | -347.64% |
| 2023 | $48.80M | $-9.50M | 20.17% | -26.21% | -19.46% |
| 2024 | $54.03M | $-10.59M | 15.64% | -18.94% | -19.59% |
| 2025 | $54.73M | $-11.32M | 17.70% | -21.17% | -20.68% |
Frequently asked questions
What is Im Cannabis Corp's revenue?
Im Cannabis Corp's trailing twelve-month revenue is $50.91M. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is IMCC?
In its most recent fiscal year, IMCC ran a gross margin of 17.70%, an operating margin of -21.17%, and a net margin of -20.68%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does IMCC generate?
IMCC produced $4.70M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is IMCC's balance sheet healthy?
IMCC holds $2.73M in cash and equivalents against $936000.00 in long-term debt, on $-858000.00 of shareholder equity. Cash on hand exceeds long-term debt, so the balance sheet adds little financial risk to the thesis.