High Tide Inc. (HITI) Financials

$3.32

south_east
-$0.09 (-2.64%)
Day's range
$3.29
Day's range
$3.47

HITI Income statement / Annual

Last year (2024), High Tide Inc.'s total revenue was $142.50 M, a decrease of 70.78% from the previous year. In 2024, High Tide Inc.'s net income was -$4.34 M. See High Tide Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016
Period Ended 10/31/2024 10/31/2023 10/31/2022 10/31/2021 10/31/2020 10/31/2019 10/31/2018 10/31/2017 10/31/2016
Operating Revenue $142.50 M $487.67 M $356.85 M $181.12 M $83.27 M $31.29 M $8.75 M $9.99 M $8.34 M
Cost of Revenue $0.00 $356.36 M $255.90 M $117.14 M $52.45 M $19.98 M $5.64 M $5.29 M $4.05 M
Gross Profit $142.50 M $131.31 M $100.95 M $63.98 M $30.81 M $11.32 M $3.11 M $4.71 M $4.30 M
Gross Profit Ratio 1 0.27 0.28 0.35 0.37 0.36 0.36 0.47 0.52
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
General & Administrative Expenses $97.63 M $97.07 M $83.03 M $50.82 M $22.21 M $27.21 M $5.92 M $3.18 M $1.15 M
Selling & Marketing Expenses $4.17 M $4.14 M $7.87 M $3.44 M $429,000.00 $2.25 M $697,981.00 $399,163.00 $178,541.00
Selling, General & Administrative Expenses $101.79 M $101.21 M $90.90 M $54.27 M $22.64 M $29.47 M $6.62 M $3.58 M $2.60 M
Other Expenses $35.71 M $71.53 M $30.17 M $23.57 M $6.80 M $1.40 M -$462,284.00 $28,290.00 $0.00
Operating Expenses $137.50 M $172.74 M $121.07 M $77.83 M $29.44 M $30.87 M $6.70 M $3.61 M $2.66 M
Cost And Expenses $137.50 M $529.09 M $376.97 M $194.97 M $81.89 M $50.84 M $12.34 M $8.90 M $6.71 M
Interest Income $0.00 $0.00 $9.95 M $10.24 M $131,000.00 $3.31 M $98,000.00 $0.00 $48,067.00
Interest Expense $12.79 M $11.64 M $9.95 M $10.24 M $8.00 M $1.83 M $0.00 $138,747.00 $0.00
Depreciation & Amortization $25.39 M $32.76 M $30.17 M $23.57 M $6.80 M $1.40 M $85,817.00 $28,290.00 $71,995.00
EBITDA $33.78 M -$4.20 M -$33.65 M $4.82 M $6.12 M -$19.73 M -$3.97 M $963,329.00 $1.70 M
EBITDA Ratio 0.24 -0.01 0.03 0.03 0.07 -0.63 -0.45 0.11 0.2
Operating Income Ratio 0.04 -0.08 -0.06 -0.1 -0.01 -0.62 -0.43 0.1 0.19
Total Other Income/Expenses Net -$9.41 M -$7.17 M -$1.45 M -$17.09 M -$6.22 M -$7.45 M -$2.30 M -$401,946.00 -$11,583.00
Income Before Tax -$4.40 M -$48.60 M -$73.76 M -$35.77 M -$6.13 M -$27.00 M -$6.03 M $561,383.00 $1.68 M
Income Before Tax Ratio -0.03 -0.1 -0.21 -0.2 -0.07 -0.86 -0.69 0.06 0.2
Income Tax Expense -$593,000.00 -$7.64 M -$2.92 M -$730,000.00 $229,000.00 -$708,000.00 -$1.49 M $265,067.00 $468,153.00
Net Income -$4.34 M -$39.31 M -$70.85 M -$35.04 M -$6.35 M -$26.29 M -$4.53 M $296,316.00 $1.22 M
Net Income Ratio -0.03 -0.08 -0.2 -0.19 -0.08 -0.84 -0.52 0.03 0.15
EPS -0.0545 -0.53 -1.13 -0.83 -0.42 -1.99 -0.36 0.0226 2.68
EPS Diluted -0.0545 -0.53 -1.13 -0.83 -0.42 -1.99 -0.35 0.0226 2.68
Weighted Average Shares Out $79.56 M $74.33 M $62.78 M $42.43 M $15.27 M $13.21 M $12.57 M $13.13 M $453,293.00
Weighted Average Shares Out Diluted $79.56 M $74.33 M $62.78 M $42.43 M $15.27 M $13.21 M $13.13 M $13.13 M $453,293.00
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