XNASHITI
Market cap252mUSD
Dec 24, Last price
3.13USD
1D
0.97%
1Q
56.50%
IPO
-37.58%
Name
High Tide Inc
Chart & Performance
P/E
—
P/S
0.74
EPS
—
Div Yield, %
0.00%
Shrs. gr., 5y
41.45%
Rev. gr., 5y
123.48%
Revenues
488m
+36.66%
Net income
-39m
L-44.52%
CFO
21m
+359.64%
Earnings
Jan 27, 2025
Profile
High Tide Inc. engages in the cannabis retail business in Canada, Europe, the United States, and internationally. The company designs, manufactures, and distributes smoking accessories and cannabis lifestyle products. It is also involved in the wholesale and retailing of cannabis products, as well as operates and franchises licensed retail cannabis stores. In addition, the company provides data analytics services, as well as operates Grasscity.com and CBDcity.com platforms. As of August 4, 2022, it operated 139 retail locations in Ontario, Alberta, British Columbia, Manitoba, and Saskatchewan. The company was formerly known as High Tide Ventures Inc. and changed its name to High Tide Inc. in October 2018. High Tide Inc. was founded in 2009 and is headquartered in Calgary, Canada.
Valuation
Title CAD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|
| 2023‑10 | 2022‑10 | 2021‑10 | 2020‑10 | 2019‑10 | 2018‑10 | 2017‑10 | 2016‑10 | |
| Income | ||||||||
Revenues | 487,669 36.66% | 356,852 97.02% | ||||||
Cost of revenue | 457,569 | 346,796 | ||||||
Unusual Expense (Income) | ||||||||
NOPBT | 30,100 | 10,056 | ||||||
NOPBT Margin | 6.17% | 2.82% | ||||||
Operating Taxes | (7,644) | (2,915) | ||||||
Tax Rate | ||||||||
NOPAT | 37,744 | 12,971 | ||||||
Net income | (39,310) -44.52% | (70,848) 102.21% | ||||||
Dividends | (1,961) | |||||||
Dividend yield | 2.14% | |||||||
Proceeds from repurchase of equity | 2,442 | 21,413 | ||||||
BB yield | -2.27% | -23.36% | ||||||
| Debt | ||||||||
Debt current | 32,199 | 26,718 | ||||||
Long-term debt | 75,368 | 76,934 | ||||||
Deferred revenue | 17,027 | |||||||
Other long-term liabilities | (17,027) | |||||||
Net debt | 77,126 | 78,170 | ||||||
| Cash flow | ||||||||
Cash from operating activities | 20,661 | 4,495 | ||||||
CAPEX | (5,786) | (9,055) | ||||||
Cash from investing activities | (5,716) | (8,592) | ||||||
Cash from financing activities | (9,262) | 15,167 | ||||||
FCF | 31,011 | 1,053 | ||||||
| Balance | ||||||||
Cash | 30,262 | 25,279 | ||||||
Long term investments | 179 | 203 | ||||||
Excess cash | 6,058 | 7,639 | ||||||
Stockholders' equity | 89,460 | 122,768 | ||||||
Invested Capital | 200,138 | 212,723 | ||||||
ROIC | 18.28% | 6.28% | ||||||
ROCE | 14.51% | 4.37% | ||||||
| EV | ||||||||
Common stock shares outstanding | 74,329 | 62,775 | ||||||
Price | 1.45 -0.68% | 1.46 -73.26% | ||||||
Market cap | 107,777 17.59% | 91,652 -60.44% | ||||||
EV | 187,013 | 175,505 | ||||||
EBITDA | 62,861 | 40,225 | ||||||
EV/EBITDA | 2.98 | 4.36 | ||||||
Interest | 11,635 | 9,948 | ||||||
Interest/NOPBT | 38.65% | 98.93% | ||||||