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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) Sep, 2024 Jun, 2024 Mar, 2024 Sep, 2023 Jun, 2023
Sales 3,244 3,538 4,874 7,495 6,212
Sales Growth -8.31% -27.41% -34.97% +20.65% -11.66%
Net Income -3,629 -798 -2,889 -13,059 -20,170
Net Income Growth -354.76% +72.38% +77.88% +35.26% -27,530.14%
(Values in U.S. Thousands) Sep, 2024 Jun, 2024 Mar, 2024 Sep, 2023 Jun, 2023
Total Assets 28,438 30,952 34,346 37,613 114,374
Total Assets Growth -8.12% -9.88% -8.69% -67.11% -13.96%
Total Liabilities 24,233 23,125 25,731 26,135 90,347
Total Liabilities Growth +4.79% -10.13% -1.55% -71.07% +1.71%
(Values in U.S. Thousands) Sep, 2024 Jun, 2024 Mar, 2024 Sep, 2023 Jun, 2023
Operating Cash Flow -916 -532 -1,025 -3,146 -2,472
Operating Cash Flow Growth -72.18% +48.10% +67.42% -27.27% -85.17%
Net Cash Flow -322 -533 -1,136 -3,187 -2,924
Change in Net Cash Flow +39.59% +53.08% +64.36% -8.99% -141.02%
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