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High Tide Inc (HITI.VN)

High Tide Inc (HITI.VN)
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High Tide Inc is a downstream-focused retailer of cannabis products, distributor, and seller of smoking accessories and cannabis lifestyle products. It is a vertically integrated company in the Canadian cannabis market with various brands in its portfolio such as Canna Cabana, Fastendr, Queen of Bud, Grasscity, Daily High Club, and others. The company's reportable operating segments are: Bricks and mortar, which generates maximum revenue, and E-commerce. Geographically, it derives maximum revenue from its business in Canada, followed by the United States of America, and other international markets.

Fiscal Year End Date: 10/31

(Values in U.S. Thousands) Oct, 2025 Oct, 2024 Oct, 2023 Oct, 2022 Oct, 2021
Sales 593,986 522,306 487,669 356,852 181,123
Sales Growth +13.72% +7.10% +36.66% +97.02% +117.53%
Net Income -50,747 -4,337 -39,310 -71,756 -35,717
Net Income Growth -1,070.09% +88.97% +45.22% -100.90% -462.12%
(Values in U.S. Thousands) Oct, 2025 Oct, 2024 Oct, 2023 Oct, 2022 Oct, 2021
Total Assets 349,062 246,208 233,401 274,743 246,215
Total Assets Growth +41.78% +5.49% -15.05% +11.59% +252.69%
Total Liabilities 246,275 100,696 99,735 112,710 94,211
Total Liabilities Growth +144.57% +0.96% -11.51% +19.64% +62.19%
(Values in U.S. Thousands) Oct, 2025 Oct, 2024 Oct, 2023 Oct, 2022 Oct, 2021
Operating Cash Flow 23,866 35,546 20,661 4,495 -2,825
Operating Cash Flow Growth -32.86% +72.04% +359.64% +259.12% -131.92%
Net Cash Flow 1,780 16,813 5,683 11,070 6,490
Change in Net Cash Flow -89.41% +195.85% -48.66% +70.57% -3.39%
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