5-Year Pro Forma for Cannabis Cultivation
| Account | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
|---|---|---|---|---|---|
| Revenue | $1,200,000 | $1,600,000 | $2,000,000 | $2,400,000 | $3,200,000 |
| Cultivation Revenue | $1,200,000 | $1,600,000 | $2,000,000 | $2,400,000 | $3,200,000 |
| Cost of Goods Sold (COGS) | $600,000 | $800,000 | $1,000,000 | $1,200,000 | $1,600,000 |
| Gross Margin | $600,000 | $800,000 | $1,000,000 | $1,200,000 | $1,600,000 |
| Operating Expenses | |||||
| Sales & Marketing | $50,000 | $75,000 | $150,000 | $175,000 | $200,000 |
| General & Administrative | $200,000 | $250,000 | $300,000 | $400,000 | $500,000 |
| Total Operating Expenses | $250,000 | $325,000 | $450,000 | $575,000 | $700,000 |
| EBIT (Earnings Before Interest & Taxes) | $350,000 | $475,000 | $550,000 | $625,000 | $900,000 |
| Interest Income | $0 | $0 | $25,000 | $50,000 | $100,000 |
| Interest Expense | $0 | $0 | $0 | $0 | $0 |
| Profit Before Tax (PBT) | $350,000 | $475,000 | $575,000 | $675,000 | $1,000,000 |
| Income Tax | $0 | $47,500 | $115,000 | $202,500 | $300,000 |
| Net Profit (Loss) | $350,000 | $427,500 | $460,000 | $472,500 | $700,000 |