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High Tide ( (TSE:HITI) ) has issued an announcement.
High Tide reported record fourth-quarter revenue of $164 million and its highest-ever adjusted EBITDA for fiscal 2025, while remaining free cash flow positive for the year and achieving a revenue run-rate above $650 million. The company delivered 4.1% same-store sales growth for the fiscal year and 5.5% in the fourth quarter, opened 27 new Canna Cabana locations to reach 218 stores nationally, and expanded brick-and-mortar EBITDA margins to a record 9.4% in Q4, reinforcing its ambition for 12% margins over the longer term. High Tide continues to lead the Canadian cannabis retail market with a 12% share in the provinces where it operates, supported by rapid growth in its loyalty base to more than 2.5 million Cabana Club members and over 151,000 ELITE members, which management describes as key competitive assets. Internationally, the closing of the majority acquisition of Germany’s Remexian Pharma GmbH has established High Tide as a major importer and distributor of medical cannabis in that market; despite temporary supply-chain disruptions, the German business is regaining momentum, and the company is exploring additional partnerships in the U.K. to extend Remexian’s footprint and further diversify its revenue base beyond Canada.
The most recent analyst rating on (TSE:HITI) stock is a Hold with a C$4.00 price target. To see the full list of analyst forecasts on High Tide stock, see the TSE:HITI Stock Forecast page.
Spark’s Take on TSE:HITI Stock
According to Spark, TipRanks’ AI Analyst, TSE:HITI is a Neutral.
High Tide’s stock score is primarily influenced by its strong financial performance, particularly in revenue growth and cash flow generation. However, the bearish technical indicators and negative valuation metrics significantly weigh down the overall score. The lack of earnings call data and corporate events further limits the assessment.
To see Spark’s full report on TSE:HITI stock, click here.
More about High Tide
High Tide Inc. is a Calgary-based, retail-focused cannabis company operating under the Canna Cabana banner, positioned as the largest cannabis retailer in Canada with 218 locations across five provinces. The company’s core business centres on brick-and-mortar cannabis retail, supported by its proprietary Cabana Club and ELITE loyalty programs, which it calls the largest and most robust cannabis loyalty platforms globally. High Tide is also expanding internationally as a major importer and distributor of medical cannabis flower into Germany through its majority stake in Remexian Pharma GmbH, targeting Europe’s largest and fast-growing medical cannabis market.
Average Trading Volume: 83,062
Technical Sentiment Signal: Sell
Current Market Cap: C$294.4M
See more data about HITI stock on TipRanks’ Stock Analysis page.