High Tide Inc

Healthcare CA HITI

3.35CAD
0.01(0.30%)

Last update at 2026-03-11T20:00:00Z

Day Range

3.233.39
LowHigh

52 Week Range

2.375.59
LowHigh

Fundamentals

  • Previous Close 3.34
  • Market Cap279.33M
  • Volume29494
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA27.55M
  • Revenue TTM593.99M
  • Revenue Per Share TTM7.23
  • Gross Profit TTM 153.53M
  • Diluted EPS TTM-0.63

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Type yearly yearly yearly yearly yearly
Date 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Income before tax -51.42900M -4.40400M -48.59600M -73.76300M -35.76700M
Minority interest 0.66M -0.52600M 1.64M -0.90800M -0.68000M
Net income -50.74700M -4.33700M -39.31000M -71.75600M -35.71700M
Selling general administrative 113.78M 101.79M 97.07M 90.90M 54.27M
Selling and marketing expenses - - 4.14M - -
Gross profit 153.53M 142.50M 131.31M 100.95M 63.98M
Reconciled depreciation 24.31M 25.39M 32.76M 30.17M 23.57M
Ebit - - -36.96100M -20.11300M -13.85000M
Ebitda - - -4.20000M -33.64600M -1.96100M
Depreciation and amortization - - 32.76M - -
Non operating income net other - - - - -
Operating income 15.44M 15.32M -41.42500M -20.11300M -13.85000M
Other operating expenses - - 529.09M - -
Interest expense 13.38M 12.79M 11.63M 9.95M 10.24M
Tax provision -0.02500M -0.59300M -7.64400M -2.91500M -0.73000M
Interest income - - - - 0.00000M
Net interest income -13.38000M -12.79300M -11.63500M -9.94800M -15.13300M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense - - -7.64400M -2.91500M -0.73000M
Total revenue 593.99M 522.31M 487.67M 356.85M 181.12M
Total operating expenses 578.55M 506.99M 172.74M 376.96M 194.97M
Cost of revenue 440.46M 379.80M 356.36M 255.90M 117.14M
Total other income expense net -53.48600M -6.92700M -7.17100M -43.70200M -6.78400M
Discontinued operations - - - - -
Net income from continuing ops -51.40400M -3.81100M -40.95200M -70.84800M -35.03700M
Net income applicable to common shares - - - -71.75600M -34.35700M
Preferred stock and other adjustments - - - - -
Breakdown 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Type yearly yearly yearly yearly yearly
Date 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Total assets 349.06M 246.21M 233.40M 274.74M 246.22M
Intangible assets 39.43M 19.44M 27.28M 62.07M 62.33M
Earning assets - - - - -
Other current assets - - - - -
Total liab 246.28M 100.70M 99.73M 112.71M 94.21M
Total stockholder equity 87.61M 143.27M 131.56M 156.35M 147.21M
Deferred long term liab - - - - -
Other current liab 9.95M - 3.67M 6.34M 9.98M
Common stock - - - 279.51M 208.90M
Capital stock 329.64M 300.64M 288.03M 279.51M 208.90M
Retained earnings -260.10500M -209.35800M -205.93400M -168.09300M -87.79200M
Other liab - - - 9.60M 8.58M
Good will 90.12M 73.37M 76.20M 83.42M 79.95M
Other assets - - - 3.19M 4.91M
Cash 47.88M 47.27M 30.12M 25.08M 14.01M
Cash and equivalents - - - - -
Total current liabilities 99.92M 61.48M 58.14M 59.94M 40.79M
Current deferred revenue - - - - -
Net debt 51.23M - 7.37M 11.03M 11.64M
Short term debt - - - - -
Short long term debt 17.73M 26.86M 24.98M 19.09M 6.55M
Short long term debt total - - - - -
Other stockholder equity - - - 21.88M 10.94M
Property plant equipment - - - 62.00M 52.74M
Total current assets 136.88M 85.79M 68.64M 64.06M 46.29M
Long term investments - 0.00000M 0.18M 0.20M 0.51M
Net tangible assets - - - 10.86M 4.93M
Short term investments 0.06M 0.71M 0.14M 0.20M 0.86M
Net receivables 5.62M 3.31M 7.47M 8.20M 7.45M
Long term debt 81.39M 7.54M 12.51M 17.03M 19.11M
Inventory 67.41M 29.34M 25.97M 23.41M 17.04M
Accounts payable 27.77M 8.05M 8.35M 26.89M 18.53M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other - - - - -
Deferred long term asset charges - - - - -
Non current assets total 212.18M 160.42M 164.76M 210.68M 199.93M
Capital lease obligations 49.80M 40.21M 35.04M 33.77M 29.77M
Long term debt total - - - - -
Breakdown 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Type yearly yearly yearly yearly yearly
Date 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Investments 0.65M -0.66000M -5.71600M -8.59200M -0.50700M
Change to liabilities - - - 1.84M 0.90M
Total cashflows from investing activities - - - -8.59200M -28.49300M
Net borrowings 1.27M -10.91700M -11.37600M -1.89800M -10.07600M
Total cash from financing activities 0.20M -7.72300M -9.26200M 15.17M 37.81M
Change to operating activities - - - -2.84800M -3.66800M
Net income -50.74700M -4.33700M -40.95200M -71.75600M -34.35700M
Change in cash 0.62M 17.15M 5.04M 11.07M 6.49M
Begin period cash flow 47.27M 30.12M 25.08M 14.01M 7.52M
End period cash flow 47.88M 47.27M 30.12M 25.08M 14.01M
Total cash from operating activities 23.87M 35.55M 20.66M 4.50M -2.82500M
Issuance of capital stock 0.05M 3.15M 2.44M 19.45M 38.57M
Depreciation 24.31M 25.39M 32.76M 30.14M 24.54M
Other cashflows from investing activities - - -0.29500M - -
Dividends paid - - - 0.00000M 0.00000M
Change to inventory -5.80600M -3.32300M -2.86700M -2.86500M -5.50100M
Change to account receivables - - 0.63M -0.73800M -1.62900M
Sale purchase of stock - - - - -
Other cashflows from financing activities - - -0.32800M -4.83600M -8.05900M
Change to netincome - - - 48.31M 15.68M
Capital expenditures 10.65M 9.75M 6.08M 7.76M 10.56M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -0.29400M 3.04M -4.86300M -4.61200M -9.89700M
Stock based compensation 3.92M 2.98M 5.03M 8.08M 4.88M
Other non cash items -0.31500M 4.31M 36.33M 5.28M 6.30M
Free cash flow 13.22M 25.80M 14.58M -4.56000M -13.53800M

Peer Comparison

Sector: Healthcare Industry: Pharmaceutical Retailers

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
HITI
High Tide Inc
0.01 0.30% 3.35 - 23.92 0.47 3.12 0.63 16.25
PCRX
PharmaCorp Rx Inc.
-0.005 1.15% 0.43 23.00 45.05 2.98 1.79 3.01 45.12

Reports Covered

Stock Research & News

Profile

High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally. It operates through three segments: Bricks and Mortar, E-commerce, and Medical Cannabis Distribution. It manufactures and distributes consumption accessories; cannabis; and hemp derived products. It also provides data analytics; advertising; 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.

High Tide Inc

11127 - 15 Street N.E., Calgary, AB, Canada, T3K 2M4

Key Executives

Name Title Year Born
Mr. Harkirat Grover Founder, CEO, Pres & Exec. Chairman 1982
Mr. Rahim Kanji C.A., CPA, M.B.A. Chief Financial Officer NA
Mr. Aman Sood Chief Operating Officer NA
Mr. Andreas-Alexander Palalas Chief Revenue Officer 1991
Ms. Joy Lisa Avzar VP & Legal Counsel NA
Mr. Omar Khan Sr. VP of Corp. & Public Affairs NA
Ms. Sandy Sharma Sr. Director of HR NA
Mr. Shimshon Posen J.D. Sec. & Treasurer NA
Mr. Harkirat Grover Founder, CEO, President & Executive Chairman 1982
Mr. Omar Yar Khan Chief Communications & Public Affairs Officer NA

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