Added to YB: 2025-02-04
Pitch date: 2025-02-02
HITI.V [neutral]
High Tide Inc.
+7.8%
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 3.72
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.81
P/E
-31.40
EV/Sales
0.62
Sector
Pharmaceuticals
Category
N/A
High Tide ($HITI.V) FINS Review
HITI.V (watchlist): Q4 revenue +7% YoY to $522.3M, 27.3% gross margin (+40bps). Op profit $5M vs $41M loss in 2023. Strong OCF $35M (+72% YoY). 18% store count increase. Challenges: path to profitability unclear, rising cash expenses, heavy dilution. Maintained at 3.25 stars, watchlist worthy.
Read full article (3 min)