Stock Fundamentals

Company Information

Company Name
High Tide Inc
Sector
Healthcare
Industry
Pharmaceutical Retailers
Exchange
NASDAQ
ISIN: CA42981E4013
CIK: 0001847409
CUSIP: 42981E401
Currency: USD
Full Time Employees: 1,832
Phone: 403-265-4207
Fiscal Year End: October
IPO Date: Jan 28, 2019
Description:

High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally. The company operates through Bricks and Mortar, E-commerce, and Medical Cannabis Distribution segments. It manufactures and distributes consumption accessories; cannabis; and hemp derived products. The company also engages in data analytics; advertising; product sourcing and imports; event-based cannabis retail; medical cannabis distribution; accessories retail; and other related services. It provides its products under the Daily High Club, DankStop, FAB CBD, GC, Nuleaf Naturals, Smoke Cartel, Blessed CBD, Fastendr, Famous Brandz, Queen of Bud, Canna Cabana, Grasscity, Daily High Club, and Valiant Distribution brands. The company sells its products through a network of retail stores, e-commerce platforms, and the wholesale distribution arm. The company was formerly known as High Tide Ventures Inc. and changed its name to High Tide Inc. in October 2018. The company was founded in 2009 and is headquartered in Calgary, Canada.

Address:

11127 ? 15 Street N.E., Calgary, AB, Canada, T3K 2M4

Directors & Officers

Name Title Year Born
Mr. Harkirat Grover Founder, CEO, President & Executive Chairman 1982
Mr. Mayank Mahajan C.A., CPA, M.B.A. Chief Financial Officer 1987
Mr. Aman Sood Chief Operating Officer NA
Mr. Omar Yar Khan Chief Communications & Public Affairs Officer NA
Mr. Andreas-Alexander Palalas Chief Marketing Officer 1991
Ms. Joy Lisa Avzar Senior Vice President of Legal & Compliance NA
Ms. Sandy Sharma Vice President of Human Resources NA
Mr. Shimshon Posen J.D. Secretary & Treasurer NA
Krystal Dafoe Director of Corporate Governance NA
Mr. Carter Brownlee Communications & Public Affairs Advisor NA

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
Tidal Investments LLC. 1.55M Dec 31, 2025 1.76% $0.01 -6.85%
AdvisorShares Investments, LLC 1.48M Sep 30, 2025 1.68% $0.88 0.00%
Hillsdale Investment Management Inc. 1.18M Dec 31, 2025 1.35% $0.09 -46.22%
Renaissance Technologies Corp 945.06K Dec 31, 2025 1.08% $0.00 35.16%
Walleye Trading Advisors, LLC 825.34K Dec 31, 2025 0.94% $0.01 13.56%
Two Sigma Investments LLC 511.80K Dec 31, 2025 0.58% $0.00 8.50%
Millennium Management LLC 436.61K Sep 30, 2025 0.50% $0.00 628.30%
Bank of America Corp 420.77K Sep 30, 2025 0.48% $0.00 15,484.22%
Citadel Advisors Llc 257.36K Sep 30, 2025 0.29% $0.00 0.00%
Baader Bank INC 250.98K Sep 30, 2025 0.29% $0.06 0.39%
Ewing Morris & Co Investment Partners Ltd 240.00K Sep 30, 2025 0.27% $0.37 0.00%
Two Sigma Advisers, LLC 227.70K Dec 31, 2025 0.26% $0.00 38.76%
Jane Street Group LLC 151.43K Sep 30, 2025 0.17% $0.00 297.48%
Jump Financial LLC 130.89K Dec 31, 2025 0.15% $0.00 0.00%
JW Asset Management, LLC 102.14K Sep 30, 2025 0.12% $0.18 0.00%
Perritt Capital Management Inc. 100.00K Sep 30, 2025 0.11% $0.17 0.00%
Arrowstreet Capital Limited Partnership 97.50K Dec 31, 2025 0.11% $0.00 42.80%
Federation des caisses Desjardins du Quebec 97.27K Dec 31, 2025 0.11% $0.00 -3.42%
Susquehanna International Group, LLP 93.78K Sep 30, 2025 0.11% $0.00 202.92%
Bank of Montreal 66.78K Sep 30, 2025 0.08% $0.00 -0.58%

Shares Statistics

Shares Outstanding: 87.84M
Shares Float: 77.08M
% Insiders: 1,203.20%
% Institutions: 1,406.50%
Short % Float: 0.67%

🏆 Top 10 Institutional Holders

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Tidal Investments LLC. 1.55M 1.76% ▼ 6.85% Dec 31, 2025
2 AdvisorShares Investments, LLC 1.48M 1.68% ▲ 0.00% Sep 30, 2025
3 Hillsdale Investment Management Inc. 1.18M 1.35% ▼ 46.22% Dec 31, 2025
4 Renaissance Technologies Corp 945.06K 1.08% ▲ 35.16% Dec 31, 2025
5 Walleye Trading Advisors, LLC 825.34K 0.94% ▲ 13.56% Dec 31, 2025
6 Two Sigma Investments LLC 511.80K 0.58% ▲ 8.50% Dec 31, 2025
7 Millennium Management LLC 436.61K 0.50% ▲ 628.30% Sep 30, 2025
8 Bank of America Corp 420.77K 0.48% ▲ 15,484.22% Sep 30, 2025
9 Citadel Advisors Llc 257.36K 0.29% ▲ 0.00% Sep 30, 2025
10 Baader Bank INC 250.98K 0.29% ▲ 0.39% Sep 30, 2025

Valuation Metrics

Enterprise Value: $293.77M
Trailing P/E: 0.00
Forward P/E: 25.97

Financial Highlights

Market Cap: $216.09M
EBITDA: $27.55M
Book Value: $0.74
Earnings/Share: $-0.46
Profit Margin: -8.54%
Operating Margin: 3.73%
ROA (TTM): 3.24%
ROE (TTM): -41.40%
Revenue (TTM): $593.99M
Revenue/Share (TTM): $7.23
Earnings Growth (YOY): -17.50%
Revenue Growth (YOY): 18.60%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Download Financials (Excel)

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios

Earnings History

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2025-10-31 1.37x 1.24x 0.71x -1.08x -7.93x
2024-10-31 1.40x 0.30x 0.41x 0.39x 1.28x
2023-10-31 1.18x 0.34x 0.43x -3.56x 1.49x
2022-10-31 1.07x 0.28x 0.41x -7.27x -1.30x
2021-10-31 1.13x 0.21x 0.38x -1.82x -16.00x
2020-10-31 0.70x 3.19x 0.83x 0.01x 3.75x
2019-10-31 1.18x 2.50x 0.77x -10.85x -1.08x
2018-10-31 6.76x 0.00x 0.10x -25.31x -0.01x
2017-10-31 0.50x -0.07x 1.87x 6.91x 0.88x
2016-10-31 0.48x -1.94x 1.95x N/A 11.30x

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