Added to YB: 2024-09-19
Pitch date: 2024-09-17
HITI.V [neutral]
High Tide Inc.
+35.93%
current return
Author Info
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Company Info
High Tide Inc. engages in the cannabis retail business in Canada. It operates through Bricks and Mortar Operations; and E-commerce Operations segments.
Market Cap
CAD 331.0M
Pitch Price
CAD 2.95
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.81
P/E
-31.40
EV/Sales
0.62
Sector
Pharmaceuticals
Category
value
High Tide $HITI $HITI.V FINS Review
HITI.V (watchlist): Canadian cannabis retailer. $240M CAD cap, 30% YTD gain. Strong cash flow ($25.9M YTD), 1.3 current ratio. Efficient inventory, $28M debt. Revenue $384M (+6.5% YoY), slim 0.25% net margin. 7x EV/EBITDA. Impressive sales/sq ft, market share. Opportunistic outlook as competitors close. 3.25/5 stars.
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