High Tide Inc. (TSXV: HITI)

High Tide Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jul 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020	Oct 31, 2019
Cash & Equivalents	35.25	30.12	25.08	14.01	7.52	0.81
Short-Term Investments	0.71	0.14	0.2	0.86	0.05	0.05
Cash & Short-Term Investments	35.97	30.26	25.28	14.87	7.57	0.86
Cash Growth	39.07%	19.71%	69.95%	96.38%	784.81%	-89.56%
Accounts Receivable	2.64	7.47	7.92	6.49	2.67	2.22
Other Receivables	-	0.1	0.28	0.68	0.19	0.16
Receivables	2.64	7.57	8.2	7.45	2.94	2.65
Inventory	29.07	25.97	23.41	17.04	8.46	7.1
Prepaid Expenses	8	4.84	7.17	6.92	0.31	1.83
Other Current Assets	-	-	-	-	-	0.3
Total Current Assets	75.67	68.65	64.06	46.29	19.28	12.74
Property, Plant & Equipment	63.14	57.79	62	52.74	29.5	12.38
Goodwill	76.34	76.2	83.42	79.95	6.06	4.13
Other Intangible Assets	21	27.28	62.07	62.34	11.97	8.04
Long-Term Accounts Receivable	-	0.18	0.2	0.51	1.72	-
Long-Term Deferred Tax Assets	-	-	-	-	0.25	1.19
Other Long-Term Assets	2.31	3.31	2.99	1.68	0.81	1.38
Total Assets	238.46	233.4	274.74	246.22	69.81	40.74
Accounts Payable	8.48	8.35	7.67	8.74	6.42	4.41
Accrued Expenses	10.76	10.92	15.36	7.79	-	-
Short-Term Debt	13.74	16.14	16.39	4	-	4.21
Current Portion of Long-Term Debt	14.23	8.84	2.7	2.55	16.39	0.06
Current Portion of Leases	8.24	7.21	7.63	5.73	2.19	-
Current Income Taxes Payable	1.36	1.63	3.21	1.82	-	-
Current Unearned Revenue	2.3	1.36	0.64	0.19	-	-
Other Current Liabilities	0.97	3.68	6.34	9.98	2.46	2.12
Total Current Liabilities	60.09	58.14	59.94	40.79	27.46	10.8
Long-Term Debt	0.06	12.51	17.03	20.8	13.97	19.73
Long-Term Leases	30.16	27.82	26.14	24.04	14.47	-
Long-Term Unearned Revenue	-	-	-	-	-	0.1
Long-Term Deferred Tax Liabilities	0.52	1.27	9.6	8.58	2.19	0.71
Total Liabilities	90.82	99.74	112.71	94.21	58.09	31.34
Common Stock	299.48	288.03	279.51	208.9	32.55	26.28
Additional Paid-In Capital	39.79	30.75	23.05	15.16	4.7	2.12
Retained Earnings	-204.67	-205.93	-168.09	-87.79	-34.36	-26.7
Comprehensive Income & Other	10.49	18.71	21.88	10.94	7.27	7.88
Total Common Equity	145.09	131.56	156.35	147.21	10.17	9.59
Minority Interest	2.55	2.11	5.68	4.8	1.55	-0.18
Shareholders' Equity	147.64	133.67	162.03	152	11.72	9.41
Total Liabilities & Equity	238.46	233.4	274.74	246.22	69.81	40.74
Total Debt	66.43	72.53	69.88	57.12	47.02	24
Net Cash (Debt)	-30.46	-42.27	-44.61	-42.25	-39.44	-23.14
Net Cash Per Share	-0.39	-0.57	-0.71	-1.00	-2.58	-1.75
Filing Date Shares Outstanding	80.68	78.56	74.57	59.51	16.01	15.46
Total Common Shares Outstanding	80.45	75.3	71.02	54.36	16.01	13.83
Working Capital	15.58	10.51	4.12	5.5	-8.18	1.94
Book Value Per Share	1.80	1.75	2.20	2.71	0.64	0.69
Tangible Book Value	47.75	28.07	10.86	4.93	-7.86	-2.59
Tangible Book Value Per Share	0.59	0.37	0.15	0.09	-0.49	-0.19
Buildings	3.71	3.58	2.8	2.8	2.8	2.8
Machinery	10.39	9.64	7.47	3.12	0.95	0.62
Leasehold Improvements	48.18	42.33	38.35	27.22	12.98	10.51

Source: S&P Capital IQ. Standard template. Financial Sources.