Quick Answer
High Tide Inc. reported revenue of C$487.67 million for fiscal year 2023, reported under IFRS on Form 20-F.
Reported under IFRS (SEC Form 20-F). Figures are shown in USD where the company provided them, otherwise in its reporting currency — each value exactly as filed with the SEC, not converted.
High Tide Inc. — Key Financials by Year
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Revenue | — | — | C$487.67M +36.7% |
C$356.85M +97.0% |
C$181.12M +117.5% |
C$83.27M |
| Gross Profit | C$153.53M +7.7% |
C$142.50M +8.5% |
C$131.31M +30.1% |
C$100.95M +57.8% |
C$63.98M +107.7% |
C$30.81M |
| Operating Profit | -C$14.45M -388.8% |
C$5.00M +112.1% |
-C$41.42M +42.7% |
-C$72.31M -287.2% |
-C$18.67M -20620.9% |
C$91.0K |
| Net Income | -C$51.40M -1248.8% |
-C$3.81M +90.7% |
-C$40.95M +42.2% |
-C$70.85M -102.2% |
-C$35.04M -451.4% |
-C$6.35M |
| Basic EPS | -C$0.62 -1140.0% |
-C$0.05 +90.6% |
-C$0.53 +53.5% |
-C$1.14 -35.7% |
-C$0.84 -82.6% |
-C$0.46 |
| Diluted EPS | -C$0.62 -1140.0% |
-C$0.05 +90.6% |
-C$0.53 +53.5% |
-C$1.14 -35.7% |
-C$0.84 -82.6% |
-C$0.46 |
| Total Assets | C$349.06M +41.8% |
C$246.21M +5.5% |
C$233.40M -15.0% |
C$274.74M +11.6% |
C$246.22M +252.7% |
C$69.81M |
| Total Liabilities | C$246.28M +144.6% |
C$100.70M +1.0% |
C$99.73M -11.5% |
C$112.71M +19.6% |
C$94.21M +62.2% |
C$58.09M |
| Total Equity | C$102.79M -29.4% |
C$145.51M +8.9% |
C$133.67M -17.5% |
C$162.03M +6.6% |
C$152.00M +1196.6% |
C$11.72M +24.6% |
| Operating Cash Flow | C$23.87M -32.9% |
C$35.55M +72.0% |
C$20.66M +359.6% |
C$4.50M +259.1% |
-C$2.83M -131.9% |
C$8.85M |
- High Tide Inc. reported revenue of C$487.67 million for fiscal year 2023.
- That is an increase of +36.7% versus the prior fiscal year.
- High Tide Inc. reported gross profit of C$153.53 million for fiscal year 2025.
- That is an increase of +7.7% versus the prior fiscal year.
- High Tide Inc. reported operating profit of -C$14.45 million for fiscal year 2025.
- That is a decrease of -388.8% versus the prior fiscal year.
- High Tide Inc. reported net income of -C$51.40 million for fiscal year 2025.
- That is a decrease of -1248.8% versus the prior fiscal year.
- High Tide Inc. reported basic eps of C$-0.62 per share for fiscal year 2025.
- That is a decrease of -1140.0% versus the prior fiscal year.
- High Tide Inc. reported diluted eps of C$-0.62 per share for fiscal year 2025.
- That is a decrease of -1140.0% versus the prior fiscal year.
- High Tide Inc. reported total assets of C$349.06 million for fiscal year 2025.
- That is an increase of +41.8% versus the prior fiscal year.
- High Tide Inc. reported total liabilities of C$246.28 million for fiscal year 2025.
- That is an increase of +144.6% versus the prior fiscal year.
- High Tide Inc. reported total equity of C$102.79 million for fiscal year 2025.
- That is a decrease of -29.4% versus the prior fiscal year.
- High Tide Inc. reported operating cash flow of C$23.87 million for fiscal year 2025.
- That is a decrease of -32.9% versus the prior fiscal year.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 19, 2026.
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