High Tide Reports Fourth Quarter and 2024 Year End Financial Results
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High Tide reported record annual revenue of $522.3 million and positive free cash flow for the sixth consecutive quarter. The company's Cabana Club loyalty program has reached 5.32 million members. High Tide remains the highest revenue-generating cannabis company reporting in Canadian dollars for the third consecutive year.
January 29, 2025 | 9:15 pm
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High Tide reported record annual revenue of $522.3 million and positive free cash flow for the sixth consecutive quarter. The company's Cabana Club loyalty program has reached 5.32 million members. High Tide remains the highest revenue-generating cannabis company reporting in Canadian dollars for the third consecutive year.
The record revenue and positive cash flow indicate strong financial performance, which is likely to positively impact the stock price. The growth in the loyalty program suggests a strong customer base, further supporting future revenue growth.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100