high tide inc - HITI

HITI

Close Chg Chg %
2.27 0.04 1.76%

Closed Market

2.31

+0.04 (1.76%)

Volume: 346.64K

Last Updated:

Apr 2, 2026, 4:00 PM EDT

Company Overview: high tide inc - HITI

HITI Key Data

Open

$2.22

Day Range

2.22 - 2.34

52 Week Range

1.64 - 4.06

Market Cap

$203.04M

Shares Outstanding

87.90M

Public Float

76.65M

Beta

0.47

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$0.39

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

486.79K

 

HITI Performance

1 Week
 
2.21%
 
1 Month
 
-6.85%
 
3 Months
 
-17.50%
 
1 Year
 
27.62%
 
5 Years
 
-76.96%
 

HITI Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 6
Full Ratings ➔

About high tide inc - HITI

High Tide, Inc. is a retail-focused cannabis company, which engages in the manufacturing and distribution of consumption accessories. It operates through the following segments: Bricks-and-Mortar, E-Commerce, and Medical Cannabis Distribution. The Bricks-and-Mortar segment refers to Canadian warehouse which supports the distribution of accessories. The E-Commerce segment includes U.S and international subsidiaries. The company was founded by Harkirat Grover in 2009 and is headquartered in Calgary, Canada.

HITI At a Glance

High Tide, Inc.
11127-15 Street NE
Calgary, Alberta T3K 2M4
Phone 1-403-265-4207 Revenue 424.16M
Industry Specialty Stores Net Income -36,238,182.97
Sector Retail Trade 2025 Sales Growth 10.554%
Fiscal Year-end 10 / 2026 Employees 1,832
View SEC Filings

HITI Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio N/A
Price to Book Ratio N/A
Price to Cash Flow Ratio N/A
Enterprise Value to EBITDA N/A
Enterprise Value to Sales N/A
Total Debt to Enterprise Value N/A

HITI Efficiency

Revenue/Employee 231,529.738
Income Per Employee -19,780.668
Receivables Turnover 105.844
Total Asset Turnover 1.993

HITI Liquidity

Current Ratio 1.37
Quick Ratio 0.695
Cash Ratio 0.48

HITI Profitability

Gross Margin 8.947
Operating Margin 2.599
Pretax Margin -8.658
Net Margin -8.543
Return on Assets -17.023
Return on Equity -43.843
Return on Total Capital -25.715
Return on Invested Capital -28.763

HITI Capital Structure

Total Debt to Total Equity 125.376
Total Debt to Total Capital 55.63
Total Debt to Total Assets 31.467
Long-Term Debt to Equity 93.942
Long-Term Debt to Total Capital 41.682
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for High Tide Inc - HITI

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
277.07M 361.56M 383.67M 424.16M
Sales Growth
+92.50% +30.49% +6.12% +10.55%
Cost of Goods Sold (COGS) incl D&A
262.59M 334.33M 347.64M 386.21M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
23.42M 24.29M 18.65M 17.36M
Depreciation
13.35M 14.48M 12.77M 13.24M
Amortization of Intangibles
10.08M 9.80M 5.89M 4.12M
COGS Growth
+90.81% +27.32% +3.98% +11.10%
Gross Income
14.48M 27.22M 36.03M 37.95M
Gross Income Growth
+129.36% +88.03% +32.35% +5.32%
Gross Profit Margin
+5.23% +7.53% +9.39% +8.95%
2022 2023 2024 2025 5-year trend
SG&A Expense
29.99M 29.20M 24.78M 26.93M
Research & Development
- - - -
-
Other SG&A
29.99M 29.20M 24.78M 26.93M
SGA Growth
+73.14% -2.63% -15.13% +8.66%
Other Operating Expense
- - - 110.25K
-
Unusual Expense
33.37M 25.49M 4.82M 37.80M
EBIT after Unusual Expense
(48.98M) (27.46M) 6.43M (26.77M)
Non Operating Income/Expense
(565.24K) 58.57K (268.85K) (395.61K)
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
7.72M 8.63M 9.40M 9.55M
Interest Expense Growth
-5.09% +11.68% +8.94% +1.67%
Gross Interest Expense
7.72M 8.63M 9.40M 9.55M
Interest Capitalized
- - - -
-
Pretax Income
(57.27M) (36.03M) (3.24M) (36.73M)
Pretax Income Growth
-101.50% +37.09% +91.02% -1,035.24%
Pretax Margin
-20.67% -9.96% -0.84% -8.66%
Income Tax
(2.26M) (5.67M) (435.60K) (17.85K)
Income Tax - Current - Domestic
295.82K (683.57K) 441.47K 189.24K
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(2.56M) (4.98M) (877.07K) (207.09K)
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(55.01M) (30.36M) (2.80M) (36.71M)
Minority Interest Expense
705.00K (1.22M) 386.38K (469.16K)
Net Income
(55.71M) (29.14M) (3.19M) (36.24M)
Net Income Growth
-96.29% +47.69% +89.07% -1,037.49%
Net Margin Growth
-20.11% -8.06% -0.83% -8.54%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(55.71M) (29.14M) (3.19M) (36.24M)
Preferred Dividends
- - - -
-
Net Income Available to Common
(55.71M) (29.14M) (3.19M) (36.24M)
EPS (Basic)
-0.8875 -0.3921 -0.04 -0.441
EPS (Basic) Growth
-32.68% +55.82% +89.80% -1,002.50%
Basic Shares Outstanding
62.78M 74.33M 79.56M 82.18M
EPS (Diluted)
-0.8875 -0.3921 -0.04 -0.441
EPS (Diluted) Growth
-32.68% +55.82% +89.80% -1,002.50%
Diluted Shares Outstanding
62.78M 74.33M 79.56M 82.18M
EBITDA
7.81M 22.32M 29.90M 28.38M
EBITDA Growth
+1.14% +185.82% +34.00% -5.08%
EBITDA Margin
+2.82% +6.17% +7.79% +6.69%

Snapshot

Average Recommendation BUY Average Target Price 5.244
Number of Ratings 6 Current Quarters Estimate -0.013
FY Report Date 04 / 2026 Current Year's Estimate 0.03
Last Quarter’s Earnings 0.007 Median PE on CY Estimate N/A
Year Ago Earnings -0.419 Next Fiscal Year Estimate 0.153
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 4 4 7 6
Mean Estimate -0.01 0.01 0.03 0.15
High Estimates 0.01 0.04 0.08 0.22
Low Estimate -0.04 -0.01 -0.01 0.09
Coefficient of Variance -156.93 137.36 124.40 29.72

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 6 6 5
OVERWEIGHT 0 0 0
HOLD 0 0 0
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

High Tide Inc in the News