Revenue Breakdown
Composition ()
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Revenue Streams
High Tide Inc (HITI) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Cannabis, accounting for 88.2% of total sales, equivalent to CAD 131.96M. Other significant revenue streams include Data Analytics services and Consumption accessories. Understanding this composition is critical for investors evaluating how HITI navigates market cycles within the Drug Retailers industry.
Profitability & Margins
Evaluating the bottom line, High Tide Inc maintains a gross margin of 22.49%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 4.26%, while the net margin is -28.48%. These profitability ratios, combined with a Return on Equity (ROE) of -43.96%, provide a clear picture of how effectively HITI converts its operational activities into shareholder value.
Comparative Benchmarking
In the context of the broader market, HITI competes directly with industry leaders such as BNED and HNST. With a market capitalization of $199.40M, it holds a significant position in the sector. When comparing efficiency, HITI's gross margin of 22.49% stands against BNED's 18.96% and HNST's 37.26%. Such benchmarking helps identify whether High Tide Inc is trading at a premium or discount relative to its financial performance.
