High Tide Balance Sheet

Financials in millions CAD. Fiscal year is November - October.

Millions CAD. Fiscal year is Nov - Oct.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Cash & Equivalents	47.88	47.27	30.12	25.08	14.01
Short-Term Investments	0.06	0.71	0.14	0.2	0.86
Cash & Short-Term Investments	47.95	47.98	30.26	25.28	14.87
Cash Growth	-0.07%	58.55%	19.71%	69.95%	96.38%
Accounts Receivable	14.63	3.31	7.57	7.92	6.49
Other Receivables	-9.01	-	-	0.28	0.68
Receivables	5.62	3.31	7.57	8.2	7.45
Inventory	67.41	29.34	25.97	23.41	17.04
Prepaid Expenses	15.92	5.16	4.84	7.17	6.92
Total Current Assets	136.89	85.79	68.65	64.06	46.29
Property, Plant & Equipment	77.23	64	57.79	62	52.74
Goodwill	90.12	73.37	76.2	83.42	79.95
Other Intangible Assets	39.43	19.44	27.28	62.07	62.34
Long-Term Accounts Receivable	-	-	0.18	0.2	0.51
Other Long-Term Assets	5.4	3.61	3.31	2.99	1.68
Total Assets	349.06	246.21	233.4	274.74	246.22
Accounts Payable	27.77	8.06	8.35	7.67	8.74
Accrued Expenses	19.49	14.1	10.92	15.36	7.79
Short-Term Debt	16.19	12.89	16.14	16.39	4
Current Portion of Long-Term Debt	1.54	13.97	8.84	2.7	2.55
Current Portion of Leases	9.81	8.82	7.21	7.63	5.73
Current Income Taxes Payable	7.19	1.66	1.63	3.21	1.82
Current Unearned Revenue	7.99	1.99	1.36	0.64	0.19
Other Current Liabilities	9.95	-	3.68	6.34	9.98
Total Current Liabilities	99.92	61.48	58.14	59.94	40.79
Long-Term Debt	42.32	7.54	12.51	17.03	20.8
Long-Term Leases	39.99	31.39	27.82	26.14	24.04
Long-Term Deferred Tax Liabilities	7.1	0.28	1.27	9.6	8.58
Other Long-Term Liabilities	56.95	-	-	-	-
Total Liabilities	246.28	100.7	99.74	112.71	94.21
Common Stock	329.64	300.64	288.03	279.51	208.9
Additional Paid-In Capital	42.02	40.51	30.75	23.05	15.16
Retained Earnings	-260.11	-209.36	-205.93	-168.09	-87.79
Comprehensive Income & Other	-23.95	11.48	18.71	21.88	10.94
Total Common Equity	87.61	143.27	131.56	156.35	147.21
Minority Interest	15.18	2.24	2.11	5.68	4.8
Shareholders' Equity	102.79	145.51	133.67	162.03	152
Total Liabilities & Equity	349.06	246.21	233.4	274.74	246.22
Total Debt	109.84	74.61	72.53	69.88	57.12
Net Cash (Debt)	-61.89	-26.63	-42.27	-44.61	-42.25
Net Cash Per Share	-0.75	-0.33	-0.57	-0.71	-1.00
Filing Date Shares Outstanding	87.84	80.9	78.56	74.57	59.51
Total Common Shares Outstanding	87.24	80.79	75.3	71.02	54.36
Working Capital	36.97	24.31	10.51	4.12	5.5
Book Value Per Share	1.00	1.77	1.75	2.20	2.71
Tangible Book Value	-41.94	50.46	28.07	10.86	4.93
Tangible Book Value Per Share	-0.48	0.62	0.37	0.15	0.09
Buildings	4.72	3.71	3.58	2.8	2.8
Machinery	11.5	10.58	9.64	7.47	3.12
Leasehold Improvements	58.06	49.48	42.33	38.35	27.22

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.