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HITI · Nasdaq · United States · Retail-Retail Stores, Nec
In shortHigh Tide Inc. is loss-making, generates cash and holds more cash than debt, with revenue growing (+13.7% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -2.4% | 9/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -8.5% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -44.0% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -12.5% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.37× | 47/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.32× | 93/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | -1.64 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 2.3% | 29/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 3 of 5 | 50/100 |
Weight in the score: 20%
| Profitable years (last 5) | 0 of 5 | 0/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 50.0% | 0/100 |
| Operating margin volatility | 8.2% | 35/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 18.5% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
1 older year available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
CAD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 181 | 357 | 488 | 522 | 594 |
| Cost of revenue | 117 | 256 | 356 | 380 | 440 |
| Gross profit | 64 | 101 | 131 | 143 | 154 |
| Operating income | (19) | (72) | (41) | 5 | (14) |
| Interest expense | 0 | 1.9 | 1.3 | – | – |
| Pre-tax income | (36) | (74) | (49) | (4.4) | (51) |
| Income tax | (0.7) | (2.9) | (7.6) | (0.6) | (0) |
| Net income | (34) | (72) | (39) | (4.3) | (51) |
| Diluted EPS | −C$0.84 | −C$1.14 | −C$0.53 | −C$0.05 | −C$0.62 |
| Diluted shares (millions) | 42 | 63 | 74 | 80 | 82 |
1 older year available with the 10-year history. Essential plan, from €8.25/month →
−1.64 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
2/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Oct 31, 2025 · Data updated Jan 29, 2026