Financials in CAD. Standardized financial statements.
A compact view of how High Tide Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $593.99M | $522.31M | $487.67M | $356.85M | $181.12M | $83.27M | $31.29M | $8.75M | $9.99M | $8.34M |
| Revenue Growth? | +13.7% | +7.1% | +36.7% | +97.0% | +117.5% | +166.1% | +257.7% | -12.5% | +19.8% | 0.0% |
| Cost of Revenue? | $440.46M | $379.80M | $356.36M | $255.90M | $117.14M | $52.45M | $19.98M | $5.64M | $5.29M | $4.05M |
| Gross Profit? | $153.53M | $142.50M | $131.31M | $100.95M | $63.98M | $30.81M | $11.32M | $3.11M | $4.71M | $4.30M |
| Gross Margin? | +25.8% | +27.3% | +26.9% | +28.3% | +35.3% | +37.0% | +36.2% | +35.5% | +47.1% | +51.5% |
| Operating Expenses? | $37.71M | $137.50M | $172.74M | $121.06M | $77.83M | $29.44M | $30.87M | $6.70M | $3.61M | $2.66M |
| Operating Income? | $15.44M | $5.00M | -$41.42M | -$20.11M | -$18.74M | -$677,000 | -$19.55M | -$3.73M | $958,839 | $1.62M |
| EBITDA? | -$13.74M | $33.78M | -$4.20M | -$33.65M | -$1.96M | $8.54M | -$22.29M | -$5.79M | $963,329 | $1.70M |
| Income Before Tax | -$51.43M | -$4.40M | -$48.60M | -$73.76M | -$35.77M | -$6.13M | -$27.00M | -$6.03M | $561,383 | $1.68M |
| Income Tax Expense | -$25,000 | -$593,000 | -$7.64M | -$2.92M | -$730,000 | $229,000 | -$708,000 | -$1.49M | $265,067 | $468,153 |
| Net Income? | -$50.75M | -$4.34M | -$39.31M | -$70.85M | -$35.04M | -$6.35M | -$26.29M | -$4.53M | $296,316 | $1.22M |
| EPS? | $-0.62 | $-0.05 | $-0.53 | $-1.13 | $-0.83 | $-0.42 | $-1.99 | $-0.36 | $0.02 | $0.03 |
| Diluted EPS? | $-0.62 | $-0.05 | $-0.53 | $-1.13 | $-0.83 | $-0.42 | $-1.99 | $-0.35 | $0.02 | $0.03 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality