HIGH TIDE INC.

EDGAR

Annual consolidated revenue for 2024: about CAD 522.3M, using the latest reported figures. The previous period, 2023, was about CAD 487.7M.

Watchlist

Latest fiscal year

Revenue

522 million CAD

2024 · CAD

Exact inputs and evidence

Operating margin

0.96%

2024 · %

Exact inputs and evidence
  • Operating Income: 5003000 CAD Source
  • Revenue: 522306000 CAD Source

Operating cash flow

35.5 million CAD

2024 · CAD

Exact inputs and evidence
  • Operating Cash Flow: 35546000 CAD Source

Free cash flow

27.3 million CAD

2024 · CAD

Exact inputs and evidence
  • Operating Cash Flow: 35546000 CAD Source
  • Capital Expenditure: 8217000 CAD Source
Cash and cash equivalents
47.3 million CAD Source
Exact value

47267000 CAD

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-09.

Financial data available through: 2024-10-31.

Financial coverage is incomplete. Newer filings are recorded, but comparable financial figures for those periods are not available here yet.

Coverage by financial measure
  • Revenue: 2 of 11 periods available· newest 2024-10-31
  • Operating income: 2 of 11 periods available· newest 2024-10-31
  • Net income: 2 of 11 periods available· newest 2024-10-31
  • Operating cash flow: 2 of 11 periods available· newest 2024-10-31
  • Capital expenditure: 2 of 11 periods available· newest 2024-10-31
  • Total assets: 2 of 11 periods available· newest 2024-10-31
  • Total liabilities: 2 of 11 periods available· newest 2024-10-31
  • Current assets: 2 of 11 periods available· newest 2024-10-31
  • Current liabilities: 2 of 11 periods available· newest 2024-10-31
  • Cash and cash equivalents: 3 of 11 periods available· newest 2024-10-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +7.1%

    Prior period

    CAD 487.67 million

    –

    Current period

    CAD 522.31 million

    –

    Exact inputs and evidence

    522306000 − 487669000 = 34637000 CAD

    487669000 CAD · 2022-11-01 – 2023-10-31

    Inspect prior input Prior source

    522306000 CAD · 2023-11-01 – 2024-10-31

    Inspect current input Current source
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  • Net income

    +CAD 34.97 million

    Prior period

    −CAD 39.31 million

    –

    Current period

    −CAD 4.34 million

    –

    Exact inputs and evidence

    -4337000 − -39310000 = 34973000 CAD

    -39310000 CAD · 2022-11-01 – 2023-10-31

    Inspect prior input Prior source

    -4337000 CAD · 2023-11-01 – 2024-10-31

    Inspect current input Current source
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  • Operating cash flow

    +72%

    Prior period

    CAD 20.66 million

    –

    Current period

    CAD 35.55 million

    –

    Exact inputs and evidence

    35546000 − 20661000 = 14885000 CAD

    20661000 CAD · 2022-11-01 – 2023-10-31

    Inspect prior input Prior source

    35546000 CAD · 2023-11-01 – 2024-10-31

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  • Capital expenditure

    +42%

    Prior period

    CAD 5.79 million

    –

    Current period

    CAD 8.22 million

    –

    Exact inputs and evidence

    8217000 − 5786000 = 2431000 CAD

    5786000 CAD · 2022-11-01 – 2023-10-31

    Inspect prior input Prior source

    8217000 CAD · 2023-11-01 – 2024-10-31

    Inspect current input Current source
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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2024 2023-11-01 – 2024-10-31

  • Revenue CAD 522.31 million 100% of revenue
  • Operating costs Derived CAD 517.3 million 99% of revenue
  • Operating income CAD 5 million 1% of revenue
  • Tax, interest and other Derived CAD 9.34 million 1.8% of revenue
  • Net income −CAD 4.34 million −0.8% of revenue

Cash

  • Operating cash flow CAD 35.55 million 6.8% of revenue
  • Capital expenditure CAD 8.22 million 1.6% of revenue
  • Free cash flow Derived CAD 27.33 million 5.2% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2023 Operating loss: operating costs were 108% of revenue.
  • 2024 Net loss: net income was −0.8% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2023 2022-11-01 – 2023-10-31487669000 529094000 Derived -41425000 -2115000 Derived -39310000 14875000 Derived
Source
2024 2023-11-01 – 2024-10-31522306000 517303000 Derived 5003000 9340000 Derived -4337000 27329000 Derived
Source

Amounts are exact, in CAD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

CAD 522.3M 2024
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.564.1M423.1M282.0M141.0M0.020232024
Values and sources
Revenue values and source evidence
PeriodSeriesValue(CAD)Source evidence
2023Revenue487669000
2024Revenue522306000

Revenue growth

Change in revenue from the same financial period one year earlier.

7.1% 2024
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.7.7%5.8%3.8%1.9%0.0%20232024
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2023Year over yearNo prior comparable period
2024Year over year7.1%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 1% 2024
Net margin -0.8% 2024
Free cash flow margin 5.2% 2024
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.6.3%2.3%-1.6%-5.6%-9.6%20232024
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2023Operating margin-8.5%
2024Operating margin1%
2023Net margin-8.1%
2024Net margin-0.8%
2023Free cash flow margin3.1%
2024Free cash flow margin5.2%

Operating cash flow

Cash generated by the company’s normal business operations.

CAD 35.5M 2024
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.38.4M28.8M19.2M9.6M0.020232024
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(CAD)Source evidence
2023Operating cash flow20661000
2024Operating cash flow35546000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

CAD 27.3M 2024
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.29.5M22.1M14.8M7.4M0.020232024
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(CAD)Source evidence
2023Free cash flow14875000
2024Free cash flow27329000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

40.9% 2024
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.46%35%23%12%0%20232024
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2023Liabilities / assets42.7%
2024Liabilities / assets40.9%

Current assets to current liabilities

Current assets divided by current liabilities.

1.4× 2024
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.51×1.13×0.75×0.38×0.00×20232024
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2023Current assets / current liabilities1.18×
2024Current assets / current liabilities1.4×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2023 2022-11-01 – 2023-10-31
−CAD 39.31 million
Exact value

Exact value: -39310000 CAD

2022-11-01 – 2023-10-31: -39310000 CAD Inspect Net Income Open source
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CAD 20.66 million
Exact value

Exact value: 20661000 CAD

2022-11-01 – 2023-10-31: 20661000 CAD Inspect Operating Cash Flow Open source
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CAD 5.79 million
Exact value

Exact value: 5786000 CAD

2022-11-01 – 2023-10-31: 5786000 CAD Inspect Capital Expenditure Open source
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CAD 14.88 million
Calculation and evidence

20661000 − 5786000 CAD

Exact free cash flow: 14875000 CAD

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2024 2023-11-01 – 2024-10-31
−CAD 4.34 million
Exact value

Exact value: -4337000 CAD

2023-11-01 – 2024-10-31: -4337000 CAD Inspect Net Income Open source
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CAD 35.55 million
Exact value

Exact value: 35546000 CAD

2023-11-01 – 2024-10-31: 35546000 CAD Inspect Operating Cash Flow Open source
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CAD 8.22 million
Exact value

Exact value: 8217000 CAD

2023-11-01 – 2024-10-31: 8217000 CAD Inspect Capital Expenditure Open source
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CAD 27.33 million
Calculation and evidence

35546000 − 8217000 CAD

Exact free cash flow: 27329000 CAD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

352 filings · 690 latest values · 690 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001847409, 1847409, HITI, edgar:1847409

Also known as HIGH TIDE INC., High Tide Inc.