Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
1933 Industries ( (TSE:TGIF) ) has issued an announcement.
1933 Industries reported its third consecutive profitable quarter, posting Q1 2026 net income of $139,219 and comprehensive income of $167,249 on revenue of $4.0 million, supported by a gross profit of $1.0 million and a 25% gross margin. The company sharply cut expenses to $0.8 million from $1.9 million a year earlier through cost-saving initiatives, repurchased and cancelled $475,000 in principal value of unsecured convertible debentures at a discount, and saw the expiry of a significant block of stock options and warrants, collectively improving its cost structure and balance sheet while maintaining its position as a top-five cannabis brand in Nevada amid a shifting U.S. regulatory landscape.
Spark’s Take on TSE:TGIF Stock
According to Spark, TipRanks’ AI Analyst, TSE:TGIF is a Neutral.
The overall score reflects significant financial performance challenges, with declining revenues and high financial leverage being major concerns. Technical analysis indicators are limited, and valuation metrics also suggest caution. Corporate events, while aiming to improve financial flexibility, have a neutral impact. The company needs to address financial instability and improve profitability to enhance its outlook.
To see Spark’s full report on TSE:TGIF stock, click here.
More about 1933 Industries
1933 Industries is a Nevada-focused cannabis cultivator and producer that owns 100% of Alternative Medicine Association (AMA), its cultivation and production subsidiary serving the state’s medical and adult-use markets. Through the AMA brand, the company wholesales cannabis flower, pre-rolls and boutique concentrates to retail accounts across Nevada, where its products rank among the top sellers by volume and make it a key supplier in the Las Vegas market.
Average Trading Volume: 483,069
Technical Sentiment Signal: Buy
Current Market Cap: C$7.44M
For detailed information about TGIF stock, go to TipRanks’ Stock Analysis page.