High Tide
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. High Tide's past years’ income statements indicate that its last revenue has increased compared to the previous period by 37% to $487,669,000. The net income raised on -$39,310,000 and profit margin reached -8%. Total operating expenses were $172,739,000.

Profit Margin

High Tide Inc. (TSX:HITI.V): Profit margin
2017 9.99M 296.31K 2.97%
2018 8.74M -4.53M -51.81%
2019 31.29M -26.29M -84.02%
2020 83.26M -6.35M -7.63%
2021 181.12M -35.03M -19.34%
2022 356.85M -70.84M -19.85%
2023 487.66M -39.31M -8.06%

HITI.V Income Statement (2017 – 2023)

2023 2022 2021 2020 2019 2018 2017
Revenue
Revenue
487.66M356.85M181.12M83.26M31.29M8.74M9.99M
Cost of revenue
356.35M255.9M117.14M52.45M19.97M5.63M5.28M
Gross profit
131.31M100.95M63.98M30.81M11.31M3.10M4.70M
Operating exp.
Research and development
0000000
Selling and marketing
4.14M7.86M3.44M429K2.25M697.98K399.16K
Total operating expenses
172.73M121.06M77.83M29.43M30.86M6.70M3.61M
Operating income
-41.42M-20.11M-18.74M-677K-19.55M-3.73M958.83K
Other income (expenses), net
-7.17M-53.65M-17.02M-6.21M-7.45M-2.28M-401.94K
Income before tax
-48.59M-73.76M-35.76M-6.12M-27M-6.02M561.38K
Income tax expense
-7.64M-2.91M-730K229K-708K-1.49M265.06K
Net income
-39.31M-70.84M-35.03M-6.35M-26.29M-4.53M296.31K
Earnings per share
Basic EPS
-0.53-1.13-0.83-0.42-1.99-0.360.02
Diluted EPS
-0.53-1.13-0.83-0.42-1.99-0.350.02