OTCM
GLASF
Market cap275mUSD
Jun 16, Last price
5.15USD
1D
3.00%
1Q
10.04%
IPO
-20.03%
Name
Glass House Brands Inc
Chart & Performance
P/E
531.33
P/S
1.37
EPS
0.01
Div Yield, %
—
Shrs. gr., 5y
—
Rev. gr., 5y
%
Revenues
201m
+24.91%
Net income
519k
P
CFO
28m
+22.25%
Earnings
Aug 11, 2025
Profile
Glass House Brands Inc. cultivates, manufactures, retails, and distributes raw cannabis, cannabis oil, and cannabis consumer goods to wholesalers and consumer packaged goods retail stores. It offers cannabis products under the Glass House Farms, Forbidden Flowers, and Mama Sue brands. Glass House Brands Inc. was founded in 2015 and is headquartered in Long Beach, California.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|
| 2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | |
| Income | ||||||
Revenues | 200,898 24.91% | 160,836 76.95% | 90,891 30.88% | |||
Cost of revenue | 173,817 | 142,923 | 128,488 | |||
Unusual Expense (Income) | ||||||
NOPBT | 27,081 | 17,913 | (37,597) | |||
NOPBT Margin | 13.48% | 11.14% | ||||
Operating Taxes | 10,498 | 9,943 | 4,742 | |||
Tax Rate | 38.77% | 55.51% | ||||
NOPAT | 16,583 | 7,970 | (42,339) | |||
Net income | 519 -100.53% | (98,269) 176.06% | (35,597) -19.77% | |||
Dividends | (7,749) | (6,330) | (4,000) | |||
Dividend yield | ||||||
Proceeds from repurchase of equity | 15,581 | (469) | ||||
BB yield | ||||||
| Debt | ||||||
Debt current | 10,098 | 9,390 | 1,118 | |||
Long-term debt | 70,102 | 76,799 | 83,415 | |||
Deferred revenue | ||||||
Other long-term liabilities | 20,869 | 5,444 | 4,505 | |||
Net debt | 43,936 | 54,337 | 69,144 | |||
| Cash flow | ||||||
Cash from operating activities | 28,392 | 23,224 | (40,805) | |||
CAPEX | (10,294) | (12,309) | (27,766) | |||
Cash from investing activities | (10,294) | (12,947) | (29,201) | |||
Cash from financing activities | (13,699) | 7,871 | 30,082 | |||
FCF | (818) | 15,275 | (56,355) | |||
| Balance | ||||||
Cash | 33,923 | 29,524 | 11,144 | |||
Long term investments | 2,341 | 2,327 | 4,246 | |||
Excess cash | 26,219 | 23,810 | 10,845 | |||
Stockholders' equity | (142,597) | (135,459) | (44,090) | |||
Invested Capital | 396,719 | 361,265 | 330,808 | |||
ROIC | 4.38% | 2.30% | ||||
ROCE | 10.66% | 7.93% | ||||
| EV | ||||||
Common stock shares outstanding | 75,229 | 72,029 | 64,182 | |||
Price | ||||||
Market cap | ||||||
EV | ||||||
EBITDA | 42,125 | 34,577 | (25,296) | |||
EV/EBITDA | ||||||
Interest | 9,184 | 7,608 | ||||
Interest/NOPBT | 33.91% | |||||