Historical cost

Cresco Labs Announces Second Quarter 2022 Results

Retrieved on: 
Wednesday, August 17, 2022

Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (Cresco Labs or the Company), a vertically integrated, multi-state operator and the no.

Key Points: 
  • Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (Cresco Labs or the Company), a vertically integrated, multi-state operator and the no.
  • 1 producer of branded cannabis products in the industry, today released its financial results for the quarter ended June 30, 2022.
  • On March 23, 2022, the Company announced a definitive arrangement agreement whereby Cresco Labs will acquire Columbia Care in an all-stock transaction.
  • The Company expects to file its unaudited interim condensed consolidated financial statements for the quarter ended June 30, 2022, on SEDAR by August 18, 2022.

Cresco Labs Announces First Quarter 2022 Results

Retrieved on: 
Wednesday, May 18, 2022

Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (Cresco Labs or the Company), a vertically integrated, multi-state operator and the number one U.S. wholesaler of branded cannabis products, today released its financial results for the three months ended March 31, 2022.

Key Points: 
  • Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (Cresco Labs or the Company), a vertically integrated, multi-state operator and the number one U.S. wholesaler of branded cannabis products, today released its financial results for the three months ended March 31, 2022.
  • "Q1 was a solid quarter for the Cresco Labs team in a challenging environment for all consumer product categories.
  • We are pairing the best consumer brands with a broad, deep and strategic footprint, said Charles Bachtell, Co-Founder and CEO of Cresco Labs.
  • The compliance-focused foundation of both Cresco Labs and Columbia Care is helping ensure a smooth progression towards deal approval through a reasonable and manageable regulatory process.

Cresco Labs Announces Third Quarter 2021 Financial Results

Retrieved on: 
Thursday, November 11, 2021

Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (Cresco Labs or the Company), a vertically integrated, multi-state operator and the number one U.S. wholesaler of branded cannabis products, today announced its financial results for the third quarter ended September 30, 2021.

Key Points: 
  • Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (Cresco Labs or the Company), a vertically integrated, multi-state operator and the number one U.S. wholesaler of branded cannabis products, today announced its financial results for the third quarter ended September 30, 2021.
  • 1 Note that the quarterly review process is still underway until financial results have been filed on SEDAR and EDGAR, and accordingly final results could change.
  • Cresco Labs references certain non-GAAP financial measures throughout this press release, which may not be comparable to similar measures presented by other issuers.
  • No assurances are given as to the future trading price or trading volumes of Cresco Labs shares, nor as to the Companys financial performance in future financial periods.

Jupai Reports Full Year 2019 Results

Retrieved on: 
Friday, March 13, 2020

[3]"Active clients" for a given period refers to clients who purchase wealth management products distributed by Jupai at least once during that given period.

Key Points: 
  • [3]"Active clients" for a given period refers to clients who purchase wealth management products distributed by Jupai at least once during that given period.
  • The amount of AUM of Jupai is recorded and carried based on the historical cost of the contributed assets instead of fair market value of assets for almost all AUM of Jupai.
  • Operating costs and expensesfor the full year 2019 were RMB922.6 million (US$132.5 million), a decrease of 37.7% from 2018.
  • General and administrative expenses for the full year 2019 were RMB265.5 million (US$38.1 million), a decrease of 3.4% from 2018.

Griffin Capital Essential Asset REIT II Reports First Quarter 2019 Results

Retrieved on: 
Wednesday, May 22, 2019

GRIFFIN CAPITAL ESSENTIAL ASSET REIT II, INC.

Key Points: 
  • GRIFFIN CAPITAL ESSENTIAL ASSET REIT II, INC.
    Our management believes that historical cost accounting for real estate assets in accordance with GAAP implicitly assumes that the value of real estate assets diminishes predictably over time.
  • Additionally, we use Adjusted Funds from Operations (AFFO) as a non-GAAP financial measure to evaluate our operating performance.
  • We also believe that AFFO is a recognized measure of sustainable operating performance by the REIT industry.
  • Our calculation of FFO and AFFO is presented in the following table for the three months ended March31, 2019 and 2018 (dollars in thousands):

Griffin Capital Essential Asset REIT Reports Fourth Quarter and Full Year 2018 Results

Retrieved on: 
Tuesday, March 19, 2019

GRIFFIN CAPITAL ESSENTIAL ASSET REIT, INC.

Key Points: 
  • GRIFFIN CAPITAL ESSENTIAL ASSET REIT, INC.
    Our management believes that historical cost accounting for real estate assets in accordance with GAAP implicitly assumes that the value of real estate assets diminishes predictably over time.
  • Additionally, we use Adjusted Funds from Operations (AFFO) as a non-GAAP financial measure to evaluate our operating performance.
  • Wepreviously used Modified Funds from Operations ("MFFO") (as defined by the Institute for Portfolio Alternatives) as a non-GAAP measure of operating performance.
  • Our calculation of FFO and AFFO is presented in the following table for the years ended December31, 2018, 2017 and 2016 (in thousands):