Added to YB: 2024-11-22
Pitch date: 2024-11-22
HASH.V [bullish]
Simply Solventless Concentrates Ltd.
-77.78%
current return
Author Info
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Company Info
Simply Solventless Concentrates Ltd. cultivates, processes, formulates, manufactures, and sells a portfolio of terpene-rich solventless concentrates for the recreational, medical, and business to business cannabis markets in Canada.
Market Cap
CAD 16.2M
Pitch Price
CAD 0.54
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.77
P/E
1.96
EV/Sales
0.92
Sector
Pharmaceuticals
Category
growth
Simply Solventless ($HASH.V) FINS Review
HASH.V (maintain 3.5 stars): Q3 rev $4.95M (+4x YoY), 39.7% GM. YTD NI $2.15M (17% of rev). $3.4M OCF burn YTD. Liquidity issues: 81% current assets=inventory. Post-Q3: $2M from warrants, ANC acquisition. Warrant acceleration for $3.2M by year-end. Messy financials due to growth. 2025 outlook strong despite near-term volatility.
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