Flagship explainer

How MARIMED INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$160M · 100%Cost of revenue$102M · 64%Gross profit$57.9M · 36%Operating income−$2.8M · −2%Income before tax−$10.9M · −7%Income tax$3.6M · 2%Net income−$14.5M · −9%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$160M100%
Cost of revenue$102M64%
$57.9M36%
−$2.8M−2%
Income before tax−$10.9M−7%
Income tax$3.6M2%
−$14.5M−9%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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