YOLFTbeta
High Tide Inc

High Tide Inc

HITI · V · Healthcare / Pharmaceutical Retailers

3.52CAD-0.05 (-1.40%)

Price History

Full chart

Market Stats

Previous Close3.57
Open3.58
Day Range3.51 – 3.58
52-Week Range2.86 – 5.30
Volume55.26K
Market Cap333.39M
P/E (TTM)0.00
Forward P/E20.20
EPS-0.43
Dividend Yield0.00%
Beta1.08
50-Day Avg3.44
200-Day Avg3.37

About

High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally. The company operates through Bricks and Mortar, E-commerce, and Medical Cannabis Distribution segments. It manufactures and distributes consumption accessories; cannabis; and hemp derived products. The company also engages in data analytics; advertising; product sourcing and imports; event-based cannabis retail; medical cannabis distribution; accessories retail; and other related services. It provides its products under the Daily High Club, DankStop, FAB CBD, GC, Nuleaf Naturals, Smoke Cartel, Blessed CBD, Fastendr, Famous Brandz, Queen of Bud, Canna Cabana, Grasscity, Daily High Club, and Valiant Distribution brands. The company sells its products through a network of retail stores, e-commerce platforms, and the wholesale distribution arm. The company was formerly known as High Tide Ventures Inc. and changed its name to High Tide Inc. in October 2018. The company was founded in 2009 and is headquartered in Calgary, Canada.

Company Details

  • SectorHealthcare
  • IndustryPharmaceutical Retailers
  • CEOMr. Harkirat Grover
  • Employees1.83K
  • Headquarters11127 ? 15 Street N.E., Calgary, AB, Canada, T3K 2M4, Canada
  • Websitehttps://www.hightideinc.com

Leadership

  • Mr. Harkirat GroverFounder, CEO, President & Executive Chairman · b. 1982
  • Mr. Mayank Mahajan C.A., CPA, M.B.A.Chief Financial Officer · b. 1987
  • Mr. Aman SoodChief Operating Officer
  • Mr. Omar Yar KhanChief Communications & Public Affairs Officer
  • Mr. Andreas-Alexander PalalasChief Marketing Officer · b. 1991
  • Ms. Joy Lisa AvzarSenior Vice President of Legal & Compliance
  • Ms. Sandy SharmaVice President of Human Resources
  • Mr. Shimshon Posen J.D.Secretary & Treasurer
  • Krystal DafoeDirector of Corporate Governance
  • Mr. Carter BrownleeCommunications & Public Affairs Advisor

Financials

Income Statement

Currency: CAD2016-10-312017-10-312018-10-312019-10-312020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31
Total Revenue8.34M9.99M8.75M31.29M83.27M181.12M356.85M487.67M522.31M593.99M
Growth (%)-+19.77%-12.45%+257.70%+166.07%+117.53%+97.02%+36.66%+7.10%+13.72%
Cost of Revenue4.05M5.29M5.64M19.98M52.45M117.14M255.90M356.36M379.80M440.46M
Gross Profit4.30M4.71M3.11M11.32M30.81M63.98M100.95M131.31M142.50M153.53M
Gross Margin51.51%47.11%35.54%36.16%37.00%35.33%28.29%26.93%27.28%25.85%
Operating Expense2.67M3.75M6.84M30.87M31.49M82.72M121.06M172.74M127.19M138.09M
Operating Income1.62M958.84K-3.73M-19.55M-677.00K-18.74M-20.11M-41.42M15.32M15.44M
Operating Margin19.46%9.59%-42.68%-62.47%-0.81%-10.35%-5.64%-8.49%2.93%2.60%
EBITDA1.70M963.33K-5.79M-22.29M8.54M-1.96M-33.65M-4.20M33.78M-13.74M
EBITDA Margin20.32%9.64%-66.23%-71.23%10.26%-1.08%-9.43%-0.86%6.47%-2.31%
Net Income1.22M296.32K-4.53M-26.29M-6.35M-35.04M-70.85M-39.31M-4.34M-50.75M
Net Income Margin14.57%2.97%-51.81%-84.02%-7.63%-19.34%-19.85%-8.06%-0.83%-8.54%
Interest Expense0138.75K147.54K1.83M8.00M10.24M9.95M11.63M12.79M13.38M
Interest Expense % of Total Revenue0.00%1.39%1.69%5.85%9.61%5.65%2.79%2.39%2.45%2.25%

Balance Sheet

Currency: CAD2016-10-312017-10-312018-10-312019-10-312020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31
Total Assets10.42M11.11M25.92M40.74M69.81M246.22M274.74M233.40M246.21M349.06M
Total Liabilities20.29M20.77M2.61M31.34M58.09M94.21M112.71M99.73M100.70M246.28M
Total Equity-9.87M-9.66M23.33M9.59M10.17M147.21M156.35M131.56M143.27M87.61M
Cash1.12M1.07M8.20M806.00K7.52M14.01M25.08M30.12M47.27M47.88M
Total Debt19.16M664.68K59.61K24.01M46.97M55.43M69.88M72.53M--
Net Debt18.05M-402.81K-8.14M23.21M39.44M41.41M44.80M42.41M-51.23M

Cash Flow

Currency: CAD2016-10-312017-10-312018-10-312019-10-312020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31
Operating Cash Flow289.72K1.04M-8.78M-14.83M8.85M-2.83M4.50M20.66M35.55M23.87M
Investing Cash Flow818.11K-534.14K-4.23M-16.92M-3.30M-28.49M-8.59M---
Financing Cash Flow-179.02K-555.14K20.14M24.36M1.17M37.81M15.17M-9.26M-7.72M202.00K
Capital Expenditure2.44K50.20K4.23M10.41M2.77M10.71M9.05M6.08M9.75M10.65M
Free Cash Flow287.28K991.23K-13.01M-25.24M6.08M-13.54M-4.56M14.58M25.80M13.22M
Dividends Paid155.31K560.01K1.16M0001.96M---
FCF to OCF99.16%95.18%148.15%170.16%68.71%479.22%-101.45%70.57%72.57%55.39%
Dividend Paid to FCF54.06%56.50%-8.88%0.00%0.00%0.00%-43.00%---

Earnings

Report DateSep 30, 2019Oct 31, 2019Feb 27, 2020Sep 16, 2020Oct 31, 2020Mar 31, 2021Jun 28, 2021Sep 14, 2021Jan 27, 2022Mar 17, 2022Jun 14, 2022Sep 14, 2022Jan 30, 2023Mar 17, 2023Jun 14, 2023Sep 14, 2023Jan 29, 2024Mar 15, 2024Jun 13, 2024Sep 16, 2024Jan 27, 2025Mar 17, 2025Jun 16, 2025Sep 15, 2025Jan 29, 2026Mar 17, 2026Jun 15, 2026Sep 14, 2026Jan 28, 2027
EPS Estimate-0.30-0.15-0.150.000.00-0.01-0.03-0.15-0.12-0.05-0.07-0.07-0.06-0.05-0.05-0.04-0.020.02-0.02--0.01-0.03-0.010.010.00-0.030.030.03
EPS Actual-0.30-1.05-1.05-0.03-0.15-0.17-0.01-0.17-0.05-0.14-0.10-0.14-0.06-0.05-0.02-0.040.05-0.000.010.01-0.06-0.03-0.040.01-0.560.010.000.02-
Surprise0.00%-600.00%-600.00%----200.00%-466.67%66.67%-16.67%-100.00%-100.00%14.29%16.67%60.00%20.00%225.00%80.00%-50.00%150.00%--200.00%-33.33%200.00%-5700.00%300.00%100.00%-33.33%-
TimingAfter-hours-After-hoursPre-market-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap333.39M
Enterprise Value433.49M
Trailing P/E0.00
Forward P/E20.20
Price / Sales0.47
Price / Book3.25
EPS-0.43
Book Value1.18
Revenue (TTM)720.47M
Gross Profit (TTM)188.07M
EBITDA35.19M
Profit Margin-4.63%
Operating Margin5.32%
Return on Equity-26.04%
Return on Assets5.74%
Shares Outstanding89.14M
Shares Float78.04M
Beta1.08
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Stock Splits

  • May 13, 20211:15