XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Interim Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited) - CAD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Revenue $ 130,359 $ 145,648 $ 253,221 $ 301,071
Excise taxes 12,496 14,274 25,243 33,488
Net revenue 117,863 131,374 227,978 267,583
Cost of goods sold 114,042 202,514 225,549 311,485
Gross margin 3,821 (71,140) 2,429 (43,902)
Operating expenses        
Selling, general and administrative expenses 125,842 125,756 229,255 238,330
Share-based compensation 9,858 15,953 15,297 29,079
Asset impairment and restructuring costs 43,968 2,510 1,771,953 91,759
Total operating expenses 179,668 144,219 2,016,505 359,168
Operating loss (175,847) (215,359) (2,014,076) (403,070)
Loss from equity method investments       (100)
Other income (expense), net (47,844) 195,821 (293,422) 776,487
(Loss) income before income taxes (223,691) (19,538) (2,307,498) 373,317
Income tax (expense) recovery (8,220) 3,207 (11,969) 307
Net (loss) income (231,911) (16,331) (2,319,467) 373,624
Net loss attributable to noncontrolling interests and redeemable noncontrolling interest (10,105) (5,273) (14,513) (7,736)
Net (loss) income attributable to Canopy Growth Corporation $ (221,806) $ (11,058) $ (2,304,954) $ 381,360
Basic (loss) earnings per share $ (0.47) $ (0.03) $ (5.30) $ 0.98
Basic weighted average common shares outstanding 471,592,150 393,274,758 435,229,653 388,696,975
Diluted (loss) earnings per share $ (0.47) $ (0.03) $ (5.30) $ 0.72
Diluted weighted average common shares outstanding 471,592,150 393,274,758 435,229,653 409,158,915
Comprehensive (loss) income:        
Net (loss) income $ (231,911) $ (16,331) $ (2,319,467) $ 373,624
Other comprehensive income (loss), net of income tax effect        
Fair value changes of own credit risk of financial liabilities 1,249 9,420 28,309 10,080
Foreign currency translation 9,015 24,650 9,773 (3,288)
Total other comprehensive income (loss), net of income tax effect 10,264 34,070 38,082 6,792
Comprehensive (loss) income (221,647) 17,739 (2,281,385) 380,416
Comprehensive loss attributable to noncontrolling interests and redeemable noncontrolling interest (10,105) (5,273) (14,513) (7,736)
Comprehensive (loss) income attributable to Canopy Growth Corporation $ (211,542) $ 23,012 $ (2,266,872) $ 388,152