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Red Light Holland
(OTC:TRIP)
Red Light Holland (TRIP) vs. iShares MSCI Canada ETF (EWC)
Red Light Holland Business Overview & Revenue Model
Red Light Holland Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.94M | 4.94M | 4.75M | 3.95M | 2.33M | 110.96K |
| Gross Profit | 1.91M | 1.91M | 2.02M | 1.71M | 617.68K | 19.35K |
| EBITDA | -3.59M | -3.35M | -6.58M | -4.32M | -8.55M | -4.61M |
| Net Income | -4.04M | -4.04M | -7.63M | -5.40M | -14.37M | -1.64M |
Balance Sheet | ||||||
| Total Assets | 21.22M | 21.22M | 24.08M | 30.14M | 32.94M | 36.30M |
| Cash, Cash Equivalents and Short-Term Investments | 12.27M | 12.27M | 14.17M | 18.53M | 26.62M | 32.78M |
| Total Debt | 2.18M | 2.18M | 1.72M | 1.77M | 1.50M | 866.50K |
| Total Liabilities | 3.87M | 3.87M | 3.82M | 3.80M | 3.78M | 2.24M |
| Stockholders Equity | 17.35M | 17.35M | 20.07M | 26.06M | 28.48M | 34.06M |
Cash Flow | ||||||
| Free Cash Flow | -2.01M | -2.01M | -3.92M | -6.45M | -5.28M | -3.63M |
| Operating Cash Flow | -1.48M | -1.48M | -3.23M | -4.39M | -4.88M | -3.36M |
| Investing Cash Flow | -525.40K | -525.40K | -650.43K | -3.17M | -582.74K | -201.55K |
| Financing Cash Flow | 445.17K | 445.17K | -206.95K | -114.16K | 451.76K | 32.78M |
Red Light Holland Technical Analysis
Red Light Holland Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
56 Neutral | 11.78M | 18.42 | -31.88% | ― | -1.14% | 0.00% | |
54 Neutral | 11.16M | 4.33 | 0.40% | ― | 22.41% | 0.00% | |
54 Neutral | 9.07M | -0.39 | -73.31% | ― | 31.94% | -45.55% | |
51 Neutral | 11.48M | -8.80 | -7.39% | ― | 10.84% | 48.57% | |
46 Neutral | $16.49M | ― | -19.44% | ― | -8.27% | 50.55% | |
35 Underperform | 5.29M | -0.71 | 0.00% | ― | -46.59% | 9.48% | |
51 Neutral | $7.86B | -0.30 | -43.30% | 2.27% | 22.53% | -2.21% |
Red Light Holland Corporate Events
Red Light Holland’s subsidiary, Happy Caps Mushroom Farm, has expanded its partnership with Safeway, increasing its presence to 123 stores across Oregon and Washington State. This expansion, which represents an 86% increase in store count, is set to roll out in late fall and the holiday season of 2025, highlighting the growing consumer demand for functional mushroom products in the health and wellness market.
Red Light Holland has reported its financial results for the first quarter of 2026, highlighting a decrease in revenue and gross profit compared to the previous year. Despite these challenges, the company has made strategic moves, including entering the U.S. retail market through Albertsons, launching new products like Health Canada-approved mushroom gummies, and investing in Bitcoin as a financial strategy. The company is also exploring M&A opportunities and remains optimistic about future growth in the psychedelic and functional mushroom sectors.
Red Light Holland Corp. has announced progress in its Bitcoin balance sheet strategy by purchasing 10,600 shares of the iShares Bitcoin ETF and setting up infrastructure with a major exchange to leverage Arch Public’s algorithmic trading strategies. This initiative reflects the company’s commitment to integrating blockchain and cryptocurrency into its operations, aligning with its vision of innovation and long-term value creation in the psychedelics and wellness markets.
Red Light Holland Corp. has expressed optimism following the U.S. DEA’s decision to forward a psilocybin rescheduling petition to the Department of Health and Human Services for review. This move could potentially reclassify psilocybin from Schedule I to Schedule II, acknowledging its medical applications. Such a change would expand access to treatments for conditions like anxiety, depression, and PTSD, and facilitate research and development in the psychedelic sector. Red Light Holland, in partnership with Irvine Labs Inc., is advancing psychedelic research and has validated the potency of its psilocybin truffles for potential medical-grade applications.
Red Light Holland has received initial testing results from Irvine Labs, confirming the compatibility of its naturally derived psilocybin products with potential medical grade manufacturing processes. This development marks a significant step in their partnership, focusing on creating standardized psilocybin products for therapeutic markets, with Irvine Labs advancing proprietary dehydration and packaging processes to enhance product shelf life.
Red Light Holland’s CEO, Todd Shapiro, will participate in the Blockchain Futurist Conference in Miami, highlighting the intersection of blockchain technology and psychedelics. This participation underscores the company’s commitment to decentralized finance, enhancing operational stability and growth, and promoting personal sovereignty by reducing reliance on traditional financial systems.
Red Light Holland has reported its 2025 audited year-end results, showcasing a strategic focus on fiscal discipline and growth in the psilocybin R&D sector. Despite a slight decrease in total cash balance and gross profit, the company achieved a reduction in EBITDA losses and maintained a diversified business model. Key achievements include partnerships with Costco Canada and Albertsons for the distribution of their Happy Caps products, as well as advancements in psilocybin research through collaborations with Irvine Labs and Arizona State University. These efforts position Red Light Holland for global growth and long-term profitability in the psychedelic sector.
Red Light Holland has announced the release of its 2025 audited year-end financial and operational results, which will be available prior to the market opening on July 29, 2025. Additionally, the company will host a live Q&A session with CEO Todd Shapiro and CFO Keith Li on July 30, 2025, to engage with shareholders and discuss the results, reflecting the company’s commitment to open dialogue with its stakeholders.
Red Light Holland has partnered with Arch Public Inc. to enhance its Bitcoin acquisition strategy, following the advice of cryptocurrency advisor Scott Melker. This collaboration aims to leverage Arch Public’s algorithmic trading platform to optimize Bitcoin purchases, supporting Red Light Holland’s financial resilience and innovation in decentralized finance. The partnership reflects Red Light Holland’s commitment to integrating blockchain and cryptocurrency into its operations, aligning with its strategy to hedge against market uncertainties and promote growth in the psychedelics sector.
Red Light Holland has announced a strategic shift by integrating Bitcoin into its financial strategy, allocating up to C$2 million to Bitcoin and related assets. This initiative, led by newly appointed Lead Cryptocurrency Advisor Scott Melker, aims to enhance the company’s financial resilience and align with the decentralized ethos of the psilocybin and cryptocurrency communities. The move positions Red Light Holland as a pioneer in the psychedelics industry, diversifying its financial portfolio and potentially enabling Bitcoin payments for its brands, while also enhancing its credibility in the crypto space.