Event-Driven Stocks

Verano Holdings Corp.

VRNOOTC

Materials · Agricultural Production-Crops · NV · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 2 good● 3 warning● 2 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$821.5M$878.6M$938.5M$879.4M$737.9M$228.5M
Operating income−$107.1M−$237.2M$84.8M−$161.1M$64.7M$95.0M
Net income−$257.9M−$341.9M−$117.3M−$269.2M−$57.5M$38.4M
Total assets$1.74B$1.99B$2.32B$2.40B$2.55B—
Total liabilities$1.04B$1.04B$1.08B$1.05B$1.07B—
Equity$704.2M$952.2M$1.24B$1.34B$1.48B—
EPS (diluted)$-0.71$-0.98$-0.34$-0.81$-0.20$0.14
Shares out.363.2M349.6M341.8M331.4M158.2M100,000

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
−13.0%
Net margin
−31.4%
Return on equity
−36.6%
Return on assets
−14.8%
Return on capital (ROCE)
−6.7%
Liabilities / assets
59.7%
Debt / equity
1.48×
Book value / share
$1.94
Revenue growth (YoY)
−6.5%
Net income growth (YoY)
—

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
-0.66distress
Accruals / assets
−17.8%clean
Beneish M-Score
-3.63normal
Piotroski F-Score
6/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
48
/ 100
Profitability 0Growth 0Catalyst 67Earnings quality 100Financial strength 75

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 2 severe● 3 warning● 2 good
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Revenue declined year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 2026204,9581.0-77.5%
Apr 30, 2026911,4101.0+243.9%
Apr 15, 2026264,9861.0-53.0%
Mar 31, 2026564,1181.0+166.2%
Mar 13, 2026211,9121.0-16.7%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (2)