High Tide Inc. (HITI)
| Market Cap | 122.39M |
| Revenue (ttm) | 468.81M |
| Net Income (ttm) | -62.47M |
| Shares Out | 75.09M |
| EPS (ttm) | -0.94 |
| PE Ratio | n/a |
| Forward PE | 217.39 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 268,251 |
| Open | 1.67 |
| Previous Close | 1.64 |
| Day's Range | 1.61 - 1.70 |
| 52-Week Range | 1.03 - 2.30 |
| Beta | 1.03 |
| Analysts | Strong Buy |
| Price Target | 4.50 (+176.07%) |
| Earnings Date | Jan 30, 2024 |
About HITI
High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally. The company operates two segments, Retail and Wholesale. The company operates licensed retail cannabis stores; and provides data analytics services. It also manufactures and distributes consumption accessories. Additionally, the company offers its products under the Canna Cabana, Fastendr, Grasscity, Smoke Cartel, Daily High Club, DankStop, NuLeaf Naturals, FAB CBD, and Blessed CBD brands. Further, it sells its products through online sales... [Read more]
Financial Performance
In 2022, High Tide's revenue was $356.85 million, an increase of 97.02% compared to the previous year's $181.12 million. Losses were -$71.76 million, 108.9% more than in 2021.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for HITI stock is "Strong Buy" and the 12-month stock price forecast is $4.5.
News
High Tide Recaps Key Milestones of 2023
The Company Also Announces $2.8 Million Paydown From Convertible Debenture Balance CALGARY, AB , Dec. 29, 2023 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) ...
High Tide to Open First Canna Cabana in Mississauga, Ontario
The Company Enters Ontario's Third-Largest City After Spearheading Efforts to Convince City Council to Opt-Into Cannabis Retail Sales. CALGARY, AB , Dec. 28, 2023 /PRNewswire/ – High Tide Inc. ("High...
High Tide Opens Second Canna Cabana in Kanata, Ontario
CALGARY, AB , Dec. 27, 2023 /PRNewswire/ – High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world...
High Tide Opens 160th Canna Cabana Location, the First on Tsuut'ina Nation
CALGARY, AB , Dec. 21, 2023 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world...
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High Tide to Open New Canna Cabana Store in Winnipeg, Manitoba
CALGARY, AB , Nov. 29, 2023 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world...
High Tide Opens New Canna Cabana Store in Former Kiaro Location
This New Store is the Second Canna Cabana Location to Open in Saskatoon CALGARY, AB , Nov. 28, 2023 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA)...
High Tide Opens New Canna Cabana Location on Davie Street in Vancouver, British Columbia
CALGARY, AB , Nov. 27, 2023 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world...
High Tide Announces Purchases of Shares by Insiders
CALGARY, AB , Nov. 22, 2023 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA), the high impact, retail-forward enterprise built to deliver real-world...
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High Tide Restructures $8.9 Million of Outstanding Secured Debt
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated August 31, 2023, to its short-form base shelf prospectus dated August 3, 2023 CA...
High Tide Opens Canna Cabana Store in Former Fire & Flower Location
CALGARY, AB , Oct. 23, 2023 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world...
High Tide Resources Prepares RFP for Detailed Metallurgical Test Work
TORONTO, ON / ACCESSWIRE / October 19, 2023 / High Tide Resources Corp. ("High Tide" or the "Company") (CSE:HTRC) is pleased to provide an update for its flagship Labrador West Iron Project ("Lab West...
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Avidian's Majority Owned High Tide Resources Poised to Play a Role in the Decarbonization of the Iron & Steel Industry
TORONTO, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Avidian Gold (the “Company”; TSX.V: AVG) wishes to announce the press release issued on October 4, 2023 by High Tide Resources Corp. (“High Tide” CSE: HTRC),...
High Tide Resources Announces the Start of Environmental Baseline Data Collection
TORONTO, ON / ACCESSWIRE / October 10, 2023 / High Tide Resources Corp. ("High Tide" or the "Company") (CSE:HTRC) is pleased to provide an update for its flagship Labrador West Iron Project ("Lab West...
High Tide's Labrador West Iron Project and its role in the Decarbonization of the Iron and Steel Industry
TORONTO, ON / ACCESSWIRE / October 4, 2023 / High Tide Resources Corp. ("High Tide" or the "Company") (CSE:HTRC) announces today that preliminary analytical test work completed on its flagship Labrado...
High Tide Places 38th on The Globe and Mail's Fifth-Annual Ranking of Canada's Top Growing Companies
The Company Celebrates its Third Consecutive Year on This Prestigious List CALGARY, AB , Sept. 29, 2023 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2...
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High Tide Reports Third Quarter 2023 Financial Results Featuring Positive Free Cash Flow of $4.1 Million and Fourth Consecutive Quarter of Record Revenue and Adjusted EBITDA of $124.4 Million and $10.2 Million, Respectively
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated August 31, 2023, to its short-form base shelf prospectus dated August 3, 2023 . ...
High Tide Launches "Cabanalytics Consumer Insights" to 1.1 Million Cabana Club Members
Cabanalytics Consumer Insights (CCI) Creates a High-Margin Revenue Opportunity for the Company Through Ad Revenue Generation, Subject to Federal and Provincial Regulations CCI Will Further Solidify th...