High Tide Inc
XTSX:HITI
Income Statement
Earnings Waterfall
High Tide Inc
Revenue
|
615.7m
CAD
|
Cost of Revenue
|
-448.4m
CAD
|
Gross Profit
|
167.3m
CAD
|
Operating Expenses
|
-166m
CAD
|
Operating Income
|
1.3m
CAD
|
Other Expenses
|
-40.9m
CAD
|
Net Income
|
-39.7m
CAD
|
Income Statement
High Tide Inc
Apr-2020 | Jul-2020 | Oct-2020 | Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Jan-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||
Revenue |
54
N/A
|
70
+29%
|
83
+19%
|
108
+30%
|
128
+19%
|
152
+19%
|
181
+19%
|
215
+19%
|
327
+52%
|
375
+14%
|
357
-5%
|
475
+33%
|
558
+17%
|
587
+5%
|
488
-17%
|
616
+26%
|
|
Gross Profit | |||||||||||||||||
Cost of Revenue |
(34)
|
(44)
|
(52)
|
(67)
|
(80)
|
(97)
|
(117)
|
(143)
|
(225)
|
(263)
|
(256)
|
(342)
|
(407)
|
(427)
|
(356)
|
(448)
|
|
Gross Profit |
20
N/A
|
26
+33%
|
31
+18%
|
41
+32%
|
48
+18%
|
55
+15%
|
64
+16%
|
72
+13%
|
103
+42%
|
112
+9%
|
101
-10%
|
133
+32%
|
151
+14%
|
160
+6%
|
131
-18%
|
167
+27%
|
|
Operating Income | |||||||||||||||||
Operating Expenses |
(32)
|
(33)
|
(29)
|
(39)
|
(51)
|
(67)
|
(78)
|
(89)
|
(128)
|
(134)
|
(121)
|
(156)
|
(167)
|
(171)
|
(134)
|
(166)
|
|
Selling, General & Administrative |
(28)
|
(28)
|
(23)
|
(28)
|
(33)
|
(42)
|
(54)
|
(65)
|
(96)
|
(103)
|
(91)
|
(118)
|
(128)
|
(131)
|
(101)
|
(126)
|
|
Depreciation & Amortization |
(4)
|
(5)
|
(7)
|
(12)
|
(18)
|
(24)
|
(24)
|
(27)
|
(34)
|
(33)
|
(30)
|
(38)
|
(39)
|
(40)
|
(33)
|
(40)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
3
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(12)
N/A
|
(7)
+47%
|
1
N/A
|
2
+9%
|
(3)
N/A
|
(12)
-289%
|
(14)
-19%
|
(17)
-24%
|
(25)
-45%
|
(22)
+12%
|
(20)
+8%
|
(23)
-15%
|
(16)
+32%
|
(11)
+29%
|
(3)
+76%
|
1
N/A
|
|
Pre-Tax Income | |||||||||||||||||
Interest Income Expense |
(7)
|
(3)
|
(8)
|
(20)
|
(23)
|
(21)
|
(18)
|
(7)
|
(4)
|
(5)
|
(0)
|
(2)
|
(1)
|
(7)
|
(9)
|
(12)
|
|
Non-Reccuring Items |
(6)
|
(6)
|
3
|
2
|
2
|
2
|
(2)
|
(3)
|
(3)
|
(3)
|
(49)
|
(49)
|
(49)
|
(49)
|
(34)
|
(35)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
3
|
3
|
0
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
(4)
|
(5)
|
(1)
|
(5)
|
(4)
|
(5)
|
(5)
|
(4)
|
(4)
|
(3)
|
(3)
|
|
Pre-Tax Income |
(26)
N/A
|
(17)
+35%
|
(6)
+64%
|
(18)
-200%
|
(26)
-42%
|
(32)
-22%
|
(36)
-13%
|
(28)
+22%
|
(33)
-18%
|
(33)
-1%
|
(74)
-120%
|
(79)
-7%
|
(70)
+11%
|
(72)
-2%
|
(49)
+32%
|
(49)
0%
|
|
Net Income | |||||||||||||||||
Tax Provision |
(2)
|
(3)
|
(0)
|
(1)
|
(1)
|
(1)
|
1
|
2
|
4
|
4
|
3
|
4
|
6
|
6
|
8
|
8
|
|
Income from Continuing Operations |
(28)
|
(20)
|
(6)
|
(19)
|
(27)
|
(32)
|
(35)
|
(26)
|
(29)
|
(30)
|
(71)
|
(75)
|
(65)
|
(66)
|
(41)
|
(41)
|
|
Income to Minority Interest |
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
0
|
2
|
1
|
|
Net Income (Common) |
(28)
N/A
|
(20)
+27%
|
(7)
+66%
|
(20)
-185%
|
(27)
-38%
|
(33)
-20%
|
(36)
-9%
|
(27)
+25%
|
(31)
-16%
|
(32)
-2%
|
(72)
-127%
|
(76)
-5%
|
(65)
+14%
|
(65)
-1%
|
(39)
+40%
|
(40)
-1%
|
|
EPS (Diluted) |
-1.9
N/A
|
-1.29
+32%
|
-0.46
+64%
|
-0.73
-59%
|
-0.66
+10%
|
-0.68
-3%
|
-0.84
-24%
|
-0.44
+48%
|
-0.5
-14%
|
-0.5
N/A
|
-1.14
-128%
|
-1.01
+11%
|
-0.86
+15%
|
-0.86
N/A
|
-0.53
+38%
|
-0.5
+6%
|