High Tide Inc.
High Tide Inc. (2LYA.F) Financial Performance & Income Statement Overview
Review High Tide Inc. (2LYA.F) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
High Tide Inc. (2LYA.F) Income Statement & Financial Overview
Explore comprehensive income reports for High Tide Inc. 2LYA.F, broken down by year and quarter.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $142.46M | $138.29M | $131.69M | $124.26M |
| Cost of Revenue | $107.02M | $102.54M | $96.23M | $112.44M |
| Gross Profit | $35.44M | $35.76M | $35.45M | $11.82M |
| Gross Profit Ratio | $0.25 | $0.26 | $0.27 | $0.10 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $28.04M | $26.62M | $25.29M | $8.71M |
| Operating Expenses | $35.37M | $38.59M | $32.40M | $8.71M |
| Total Costs & Expenses | $142.39M | $141.13M | $128.63M | $121.15M |
| Interest Income | -$716000.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $3.50M | $3.95M | $3.11M | $2.83M |
| Depreciation & Amortization | $5.85M | $5.36M | $5.68M | $7.50M |
| EBITDA | $6.70M | $4.36M | $10.29M | $10.61M |
| EBITDA Ratio | $0.05 | $0.03 | $0.08 | $0.09 |
| Operating Income | $67000.00 | -$2.83M | $3.06M | $3.11M |
| Operating Income Ratio | $0.00 | -$0.02 | $0.02 | $0.03 |
| Other Income/Expenses (Net) | -$2.72M | -$2.12M | -$1.56M | -$2.69M |
| Income Before Tax | -$2.65M | -$4.96M | $1.50M | -$707000.00 |
| Income Before Tax Ratio | -$0.02 | -$0.04 | $0.01 | -$0.006 |
| Income Tax Expense | $38000.00 | -$153000.00 | $671000.00 | -$878000.00 |
| Net Income | -$2.81M | -$4.69M | $717000.00 | -$25000.00 |
| Net Income Ratio | -$0.02 | -$0.03 | $0.005 | -$0.00 |
| EPS | -$0.03 | -$0.06 | $0.009 | -$0.00 |
| Diluted EPS | -$0.03 | -$0.06 | $0.009 | -$0.00 |
| Weighted Avg Shares Outstanding | $80.87M | $80.79M | $80.39M | $78.98M |
| Weighted Avg Shares Outstanding (Diluted) | $80.87M | $80.79M | $81.10M | $78.98M |
The company's financials show resilient growth, with revenue advancing from $124.26M in Q2 2024 to $142.46M in Q1 2025. Gross profit remained healthy with margins at 25% in Q1 2025 compared to 10% in Q2 2024. Operating income hit $67000.00 last quarter, sustaining a consistent N/A margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $6.70M. Net income rose to -$2.81M, while earnings per share reached -$0.03. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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