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Red Light Holland Corp (TRIP.CN)

Red Light Holland Corp (TRIP.CN)
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Red Light Holland Corp is an Ontario-based organization engaged in the legal psychedelic sector, with activities focused on research and development initiatives, consensual data collection, the advancement of naturally derived psychedelic drug development, and the understanding of psilocybin use and consumer experiences. It operates commercial businesses across Europe and North America, including psilocybin truffle sales in the Netherlands legal market and mushroom home grow kits through business-to-business and direct-to-consumer channels. Revenue is comprised of sales of wholesale products consisting of truffles, cannabis seeds and other cannabis products, mushroom home grow kits, functional mushrooms, and functional mushroom gummies. It generates maximum revenue from the Netherlands.
(Values in U.S. Thousands) Mar, 2026 Mar, 2025 Mar, 2024 Mar, 2023 Mar, 2022
Sales 4,195 4,944 4,752 3,950 2,326
Sales Growth -15.15% +4.05% +20.31% +69.84% +1,995.96%
Net Income -6,102 -4,042 -7,627 -5,398 -14,367
Net Income Growth -50.96% +47.00% -41.29% +62.43% -773.47%
(Values in U.S. Thousands) Mar, 2026 Mar, 2025 Mar, 2024 Mar, 2023 Mar, 2022
Total Assets 14,570 21,221 24,084 30,143 32,939
Total Assets Growth -31.35% -11.89% -20.10% -8.49% -9.25%
Total Liabilities 3,349 3,872 3,822 3,800 3,781
Total Liabilities Growth -13.50% +1.31% +0.56% +0.52% +68.78%
(Values in U.S. Thousands) Mar, 2026 Mar, 2025 Mar, 2024 Mar, 2023 Mar, 2022
Operating Cash Flow -2,422 -1,483 -3,228 -4,387 -4,876
Operating Cash Flow Growth -63.32% +54.07% +26.41% +10.04% -45.15%
Net Cash Flow -4,414 -1,563 -4,086 -7,676 -5,007
Change in Net Cash Flow -182.41% +61.74% +46.77% -53.29% -117.14%
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