High Tide Inc. (HITI)

High Tide Balance Sheet

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

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

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