High Tide Inc.

TSXV HITI.V

High Tide Inc. Gross Profit Margin for the year ending October 31, 2023: 26.93%

High Tide Inc. Gross Profit Margin is 26.93% for the year ending October 31, 2023, a -4.82% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.
  • High Tide Inc. Gross Profit Margin for the year ending October 31, 2022 was 28.29%, a -19.92% change year over year.
  • High Tide Inc. Gross Profit Margin for the year ending October 31, 2021 was 35.33%, a -4.54% change year over year.
  • High Tide Inc. Gross Profit Margin for the year ending October 31, 2020 was 37.00%, a 2.34% change year over year.
  • High Tide Inc. Gross Profit Margin for the year ending October 31, 2019 was 36.16%, a 1.73% change year over year.
Key data
Date Gross Profit Margin Operating Income Margin EBT Margin Net Income Margin
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TSXV: HITI.V

High Tide Inc.

CEO Mr. Harkirat Grover
IPO Date Dec. 17, 2018
Location Canada
Headquarters 11127 - 15 Street NE
Employees 1,550
Sector Consumer Staples
Industries
Description

High Tide Inc. engages in the cannabis retail business in Canada, Europe, the United States, and internationally. The company designs, manufactures, and distributes smoking accessories and cannabis lifestyle products. It is also involved in the wholesale and retailing of cannabis products, as well as operates and franchises licensed retail cannabis stores. In addition, the company provides data analytics services, as well as operates Grasscity.com and CBDcity.com platforms. As of October 25, 2022, it operated 149 retail locations in Ontario, Alberta, British Columbia, Manitoba, and Saskatchewan. The company was formerly known as High Tide Ventures Inc. and changed its name to High Tide Inc. in October 2018. High Tide Inc. was founded in 2009 and is headquartered in Calgary, Canada.

StockViz Staff

January 15, 2025

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