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Optimi Health CNSX:OPTI Stock Report

Last Price

CA$0.22

Market Cap

CA$20.8m

7D

0%

1Y

22.2%

Updated

22 Dec, 2024

Data

Company Financials

Optimi Health Corp.

CNSX:OPTI Stock Report

Market Cap: CA$20.8m

OPTI Stock Overview

Engages in the research, cultivation, processing, extraction, and distribution of psilocybin, psilocin, other psychedelic substances, and functional mushrooms for health and wellness markets in Canada and internationally. More details

OPTI fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Risk Analysis

Earnings have declined by 2.8% per year over past 5 years

Makes less than USD$1m in revenue (CA$352K)

Volatile share price over the past 3 months compared to the Canadian market

Shareholders have been diluted in the past year

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Optimi Health Corp. Competitors

Green Rise Foods

TSXV:GRF

CA$22.8m

Inter-Rock Minerals

TSXV:IRO

CA$18.7m

Very Good Food

TSXV:VERY.H

CA$13.7m

Beyond Oil

CNSX:BOIL

CA$91.4m

Price History & Performance

Summary of share price highs, lows and changes for Optimi Health
Historical stock prices
Current Share PriceCA$0.22
52 Week HighCA$0.58
52 Week LowCA$0.17
Beta1.24
1 Month Change2.33%
3 Month Change-20.00%
1 Year Change22.22%
3 Year Change-56.86%
5 Year Changen/a
Change since IPO-70.67%

Recent News & Updates

Recent updates

Here's Why Optimi Health (CSE:OPTI) Must Use Its Cash Wisely

Apr 07
Here's Why Optimi Health (CSE:OPTI) Must Use Its Cash Wisely

Is Optimi Health (CSE:OPTI) In A Good Position To Deliver On Growth Plans?

Dec 07
Is Optimi Health (CSE:OPTI) In A Good Position To Deliver On Growth Plans?

We Think Optimi Health (CSE:OPTI) Can Afford To Drive Business Growth

May 25
We Think Optimi Health (CSE:OPTI) Can Afford To Drive Business Growth

Shareholder Returns

OPTICA FoodCA Market
7D0%-3.3%-2.6%
1Y22.2%-5.6%15.2%

Return vs Industry: OPTI exceeded the Canadian Food industry which returned -5.8% over the past year.

Return vs Market: OPTI exceeded the Canadian Market which returned 15.2% over the past year.

Price Volatility

Is OPTI's price volatile compared to industry and market?
OPTI volatility
OPTI Average Weekly Movement14.9%
Food Industry Average Movement3.7%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market2.9%

Stable Share Price: OPTI's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: OPTI's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
2020n/aDane Stevenswww.optimihealth.ca

Optimi Health Corp. engages in the research, cultivation, processing, extraction, and distribution of psilocybin, psilocin, other psychedelic substances, and functional mushrooms for health and wellness markets in Canada and internationally. The company offers raw mushroom biomass, mushroom extracts, and mushroom supplements, as well as a range of fungi varieties, including Lion’s Mane, Chaga, Reishi, Turkey Tail, and Cordyceps. It sells its products through www.optimilife.com, an e-commerce website platform; and Amazon marketplace, and distributors/brokers.

Optimi Health Corp. Fundamentals Summary

How do Optimi Health's earnings and revenue compare to its market cap?
OPTI fundamental statistics
Market capCA$20.83m
Earnings (TTM)-CA$5.64m
Revenue (TTM)CA$351.92k

59.2x

P/S Ratio

-3.7x

P/E Ratio

Is OPTI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OPTI income statement (TTM)
RevenueCA$351.92k
Cost of RevenueCA$595.57k
Gross Profit-CA$243.65k
Other ExpensesCA$5.39m
Earnings-CA$5.64m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.06
Gross Margin-69.24%
Net Profit Margin-1,601.70%
Debt/Equity Ratio24.9%

How did OPTI perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:57
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Optimi Health Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution