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HYTN Innovations Inc (TSE:HYTN)
:HYTN
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HYTN Innovations Inc (HYTN) AI Stock Analysis

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TSE:HYTN

HYTN Innovations Inc

(HYTN)

Rating:38Underperform
Price Target:
C$0.00
▼(-100.00%Downside)
HYTN Innovations Inc. faces significant financial challenges, reflected in its low financial performance and valuation scores. Technical analysis suggests a potential for price stabilization, while recent corporate events show promise in expanding market reach. However, these positives currently do not offset the financial risks.

HYTN Innovations Inc (HYTN) vs. iShares MSCI Canada ETF (EWC)

HYTN Innovations Inc Business Overview & Revenue Model

Company DescriptionHYTN Innovations Inc. engages in the research, production, marketing, distribution, and sale of cannabis products for recreational consumers in Canada. It intends to offer infused sparkling beverages and infused edibles in various flavors. The company is headquartered in Vancouver, Canada.
How the Company Makes MoneyHYTN Innovations Inc makes money primarily through the sale of its cannabis-infused beverage products. The company's key revenue streams include direct sales to consumers through retail channels and partnerships with licensed cannabis retailers and distributors. Additionally, HYTN may generate income through strategic partnerships and collaborations with other companies in the cannabis industry, leveraging its expertise in product development and innovation to expand its market presence and reach.

HYTN Innovations Inc Financial Statement Overview

Summary
HYTN Innovations Inc. is in a difficult financial position with negative profitability and cash flow metrics. The balance sheet shows negative equity, indicating financial instability and potential solvency issues.
Income Statement
40
Negative
HYTN Innovations Inc. has shown some revenue growth, but profitability remains a concern with negative net income, EBIT, and EBITDA margins. The gross profit margin is slightly positive, indicating potential for future improvement, but the net profit margin remains deeply negative.
Balance Sheet
30
Negative
The company's balance sheet shows a negative equity position, indicating financial instability. The debt-to-equity ratio cannot be calculated due to negative equity, and the equity ratio is also negative, highlighting potential solvency issues.
Cash Flow
35
Negative
HYTN's cash flow statement reveals negative free cash flow and operating cash flow, suggesting cash burn. The company relies heavily on financing activities, which may not be sustainable long-term. There is no free cash flow growth, and the ratios to net income are challenging to assess with negative figures.
BreakdownSep 2024Sep 2023Sep 2022Sep 2021Sep 2019
Income Statement
Total Revenue851.49K763.46K696.36K0.000.00
Gross Profit287.44K91.85K121.65K0.00-1.12K
EBITDA-6.26M-1.45M-9.88M-745.51K-310.99K
Net Income-6.61M-2.33M-17.38M-959.48K-311.66K
Balance Sheet
Total Assets2.38M2.58M3.79M2.76M507.25K
Cash, Cash Equivalents and Short-Term Investments256.58K187.56K1.03M264.06K271.16K
Total Debt793.56K919.74K887.22K2.58M41.98K
Total Liabilities2.56M2.27M1.71M2.77M18.41K
Stockholders Equity-172.97K314.72K2.07M-8.88K488.85K
Cash Flow
Free Cash Flow-804.21K-1.18M-2.38M-1.67M-409.37K
Operating Cash Flow-783.36K-1.18M-2.16M-693.52K-311.08K
Investing Cash Flow162.67K-4.10K2.19M-1.02M-98.29K
Financing Cash Flow689.71K346.17K727.93K1.80M700.53K

HYTN Innovations Inc Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.15
Price Trends
50DMA
0.20
Negative
100DMA
0.20
Negative
200DMA
0.25
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
34.02
Neutral
STOCH
>-0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:HYTN, the sentiment is Negative. The current price of 0.15 is below the 20-day moving average (MA) of 0.18, below the 50-day MA of 0.20, and below the 200-day MA of 0.25, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 34.02 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:HYTN.

HYTN Innovations Inc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
63
Neutral
$34.72B5.19-11.20%1.67%5.59%-16.73%
52
Neutral
$18.92M-549.30%-8.04%4.04%
47
Neutral
C$24.89M-46.36%9.98%-80.44%
38
Underperform
C$14.06M-9999.00%68.80%-204.31%
C$13.15M-8.99%
C$8.28M
C$524.89K
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:HYTN
HYTN Innovations Inc
0.15
-0.16
-51.61%
TSE:BR
Big Rock Brewery
1.02
-0.13
-11.30%
TSE:DWS
Diamond Estates Wines & Spirits
0.20
-0.07
-25.93%
TSE:HYPE
Hemp for Health Inc
0.38
0.34
850.00%
TSE:LSPK
LifeSpeak
0.32
-0.08
-20.00%
TSE:VDKA.H
Forbidden Spirits Distilling Corp
0.01
0.00
0.00%

HYTN Innovations Inc Corporate Events

Business Operations and StrategyRegulatory Filings and Compliance
HYTN Innovations Secures Cannabis Drug Licence, Expanding Pharmaceutical Capabilities
Positive
Jul 14, 2025

HYTN Innovations Inc. has received a Cannabis Drug Licence (CDL) from Health Canada, enhancing its capabilities to manufacture cannabis-derived pharmaceutical drugs. This positions HYTN among a select group of organizations in Canada authorized for such production, allowing it to expand into the pharmaceutical market. The CDL enables HYTN to support clinical research, pursue drug approvals, and engage in global pharmaceutical supply chains, thereby strengthening its industry positioning. The company’s dual licensing allows it to act as a Contract Development and Manufacturing Organization (CDMO) partner, providing GMP-compliant cannabinoid production and formulation development for clinical-stage biotech and pharmaceutical companies.

Product-Related AnnouncementsBusiness Operations and Strategy
HYTN Innovations Secures First International Order for GMP Vape Cartridges
Positive
Jun 11, 2025

HYTN Innovations Inc. has received its first international purchase order for Good Manufacturing Practices (GMP) cannabis vape cartridges, marking a significant milestone in its collaboration with SNDL. This order, which involves 1000 one-gram live resin vape cartridges, is set to be exported to the United Kingdom, pending permit approvals, and underscores HYTN’s commitment to quality and its capability to serve regulated international markets. This development highlights the company’s growing influence in the global pharmaceutical cannabis market and its dedication to expanding its product portfolio with high-quality GMP cannabis products.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 26, 2025