High Tide Income Statement

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

Millions CAD. Fiscal year is Nov - Oct.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 30, 2026	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
Revenue	671.35	593.99	522.31	487.67	356.85	181.12
Revenue Growth (YoY)	22.01%	13.72%	7.10%	36.66%	97.02%	117.53%
Cost of Revenue	493.58	439.59	379.8	356.36	255.9	117.14
Gross Profit	175.42	153.53	142.5	131.31	100.95	63.98
Selling, General & Admin	124.92	113.78	101.79	101.21	90.9	54.27
Depreciation & Amortization Expenses	26.76	24.31	25.39	32.76	30.17	23.57
Other Operating Expenses	-	24.43	4.96	34.27	48.68	2.73
Total Operating Expenses	151.68	162.52	132.15	168.24	169.75	80.57
Operating Income	23.74	-8.99	10.35	-36.93	-68.79	-16.58
Interest Expense	-7.16	-6.32	-5.35	-4.5	-3.52	-2.09
Other Non-Operating Income (Expense)	-3.26	-11.25	11.39	12.31	20.28	10.09
Total Non-Operating Income (Expense)	-10.42	-17.57	6.04	7.81	16.77	7.99
Pretax Income	13.32	-26.56	16.4	-29.11	-52.03	-8.59
Provision for Income Taxes	0.81	0.56	1.8	5.8	3.68	4.67
Net Income	-46.21	-51.4	-3.81	-40.95	-70.85	-35.04
Minority Interest in Earnings	-2.17	-0.66	0.53	-1.64	0.91	-0.68
Net Income to Common	-44.03	-50.75	-4.34	-39.31	-71.76	-34.36
Shares Outstanding (Basic)	86	82	80	74	63	42
Shares Outstanding (Diluted)	87	82	80	74	63	42
Shares Change (YoY)	8.79%	3.29%	7.26%	18.15%	47.95%	207.19%
EPS (Basic)	-0.54	-0.62	-0.05	-0.53	-1.14	-0.84
EPS (Diluted)	-0.54	-0.62	-0.05	-0.53	-1.14	-0.84
Free Cash Flow	15.3	17.87	35.12	14.88	-3.26	-13.39
Free Cash Flow Growth	-14.36%	-49.13%	136.11%	-	-	-
Free Cash Flow Per Share	0.18	0.22	0.44	0.20	-0.05	-0.32
Gross Margin	26.13%	25.85%	27.28%	26.93%	28.29%	35.33%
Operating Margin	3.54%	-1.51%	1.98%	-7.57%	-19.28%	-9.16%
Profit Margin	-6.88%	-8.65%	-0.73%	-8.40%	-19.85%	-19.34%
FCF Margin	2.28%	3.01%	6.72%	3.05%	-0.91%	-7.39%
EBITDA	50.5	15.32	35.75	-4.17	-38.63	6.98
EBITDA Margin	7.52%	2.58%	6.84%	-0.85%	-10.82%	3.85%
EBIT	23.74	-8.99	10.35	-36.93	-68.79	-16.58
EBIT Margin	3.54%	-1.51%	1.98%	-7.57%	-19.28%	-9.16%
Effective Tax Rate	6.05%	-2.09%	10.95%	-19.92%	-7.07%	-54.37%

SEC Filings: 10-K · 10-Q