High Tide Inc. (HITI)

High Tide Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jul 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020
Cash & Equivalents	63.81	47.27	30.12	25.08	14.01	7.52
Short-Term Investments	0.06	0.71	0.14	0.2	0.86	0.05
Cash & Short-Term Investments	63.87	47.98	30.26	25.28	14.87	7.57
Cash Growth	77.59%	58.55%	19.71%	69.95%	96.38%	784.81%
Accounts Receivable	3.55	3.31	7.57	7.92	6.49	2.67
Other Receivables	-	-	-	0.28	0.68	0.19
Receivables	3.55	3.31	7.57	8.2	7.45	2.94
Inventory	31.26	29.34	25.97	23.41	17.04	8.46
Prepaid Expenses	4.92	5.16	4.84	7.17	6.92	0.31
Total Current Assets	103.6	85.79	68.65	64.06	46.29	19.28
Property, Plant & Equipment	64.1	64	57.79	62	52.74	29.5
Goodwill	73.31	73.37	76.2	83.42	79.95	6.06
Other Intangible Assets	16.15	19.44	27.28	62.07	62.34	11.97
Long-Term Accounts Receivable	-	-	0.18	0.2	0.51	1.72
Long-Term Deferred Tax Assets	-	-	-	-	-	0.25
Other Long-Term Assets	3.23	3.61	3.31	2.99	1.68	0.81
Total Assets	260.39	246.21	233.4	274.74	246.22	69.81
Accounts Payable	6.24	8.06	8.35	7.67	8.74	6.42
Accrued Expenses	15.59	14.1	10.92	15.36	7.79	-
Short-Term Debt	10.09	12.89	16.14	16.39	4	-
Current Portion of Long-Term Debt	-	13.97	8.84	2.7	2.55	16.39
Current Portion of Leases	9.75	8.82	7.21	7.63	5.73	2.19
Current Income Taxes Payable	1.6	1.66	1.63	3.21	1.82	-
Current Unearned Revenue	5.93	1.99	1.36	0.64	0.19	-
Other Current Liabilities	6.86	-	3.68	6.34	9.98	2.46
Total Current Liabilities	56.06	61.48	58.14	59.94	40.79	27.46
Long-Term Debt	30.3	7.54	12.51	17.03	20.8	13.97
Long-Term Leases	30.25	31.39	27.82	26.14	24.04	14.47
Long-Term Deferred Tax Liabilities	0.29	0.28	1.27	9.6	8.58	2.19
Total Liabilities	116.9	100.7	99.74	112.71	94.21	58.09
Common Stock	302.97	300.64	288.03	279.51	208.9	32.55
Additional Paid-In Capital	41.51	40.51	30.75	23.05	15.16	4.7
Retained Earnings	-214.47	-209.36	-205.93	-168.09	-87.79	-34.36
Comprehensive Income & Other	11.4	11.48	18.71	21.88	10.94	7.27
Total Common Equity	141.4	143.27	131.56	156.35	147.21	10.17
Minority Interest	2.09	2.24	2.11	5.68	4.8	1.55
Shareholders' Equity	143.49	145.51	133.67	162.03	152	11.72
Total Liabilities & Equity	260.39	246.21	233.4	274.74	246.22	69.81
Total Debt	80.38	74.61	72.53	69.88	57.12	47.02
Net Cash (Debt)	-16.51	-26.63	-42.27	-44.61	-42.25	-39.44
Net Cash Per Share	-0.20	-0.33	-0.57	-0.71	-1.00	-2.58
Filing Date Shares Outstanding	87.11	80.9	78.56	74.57	59.51	16.01
Total Common Shares Outstanding	81.63	80.79	75.3	71.02	54.36	16.01
Working Capital	47.54	24.31	10.51	4.12	5.5	-8.18
Book Value Per Share	1.73	1.77	1.75	2.20	2.71	0.64
Tangible Book Value	51.94	50.46	28.07	10.86	4.93	-7.86
Tangible Book Value Per Share	0.64	0.62	0.37	0.15	0.09	-0.49
Buildings	3.8	3.71	3.58	2.8	2.8	2.8
Machinery	11.12	10.58	9.64	7.47	3.12	0.95
Leasehold Improvements	56.06	49.48	42.33	38.35	27.22	12.98

Updated Sep 15, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q