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Lowell Farms Inc (LOWL.CN)

Lowell Farms Inc (LOWL.CN)
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Lowell Farms Inc is a California-based vertically-integrated cannabis company with production capabilities supporting every step of the supply chain, including cultivation, extraction, manufacturing, brand sales, marketing, and distribution. The Company's operations are comprised of a single reporting operating segment. Its Brands include Lowell Herb Co. and Lowell Smokes, House Weed, Kaizen, Moon, Original Pot Company, Cypress Cannabis, Humble Flower, and Flavor Extracts. The company generates revenues from sales of extracts, distillates, branded and packaged cannabis flower, pre­rolls, concentrates, and edible products to retail licensed dispensaries and bulk flower, biomass, and concentrates to licensed manufacturers and distributors in the state of California.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Sales 28,265 43,535 53,723 42,618 37,045
Sales Growth -35.08% -18.96% +26.06% +15.04% unch
Net Income -37,342 -24,564 -24,677 -7,616 -50,752
Net Income Growth -52.02% +0.46% -224.02% +84.99% -13,223.31%
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Total Assets 37,613 118,823 137,379 112,384 69,208
Total Assets Growth -68.35% -13.51% +22.24% +62.39% +519,200.20%
Total Liabilities 26,135 70,706 67,072 66,260 44,848
Total Liabilities Growth -63.04% +5.42% +1.23% +47.74% +26,067.26%
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Operating Cash Flow -6,041 -6,444 -26,048 -7,751 -39,323
Operating Cash Flow Growth +6.25% +75.26% -236.06% +80.29% -10,286.35%
Net Cash Flow 1,213 -6,789 -17,864 24,407 -8,966
Change in Net Cash Flow +117.87% +62.00% -173.19% +372.22% -20,799.08%
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