Cronos Group vs Kamada
Kamada is the larger business, with $180m of revenue in fiscal 2025 against $147m for Cronos Group (1.2 times as much). Cronos Group grew faster (24.6% against 12.1%). Kamada kept more of each dollar of sales as profit: a net margin of 11.2% against -6.4%. Cronos Group carries less debt relative to equity (0.0% against 3.7%).
| Latest fiscal year | Cronos GroupCRON, 2025 | KamadaKMDA, 2025 |
|---|---|---|
| Revenue | $147m | $180m |
| Revenue growth | 24.6% | 12.1% |
| Net income | −$9.4m | $20.2m |
| Operating margin | -11.9% | 14.5% |
| Net margin | -6.4% | 11.2% |
| Return on equity | -0.9% | 7.6% |
| Free cash flow | $149,000 | — |
| Cash | $792m | $75.5m |
| Total debt | $0 | $9.9m |
| Debt to equity | 0.0% | 3.7% |
| Dividend per share | — | — |
| Dividend yield | — | 2.7% |
| Share buybacks | $9.7m | — |
| Employees | 610 | — |
| Market value | $1.23bn | $425m |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 12 (Weak) | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 4 sales |