Red Light Holland (CNSX:TRIP) - Stock Price, News & Analysis

TRIP Stock Overview

Engages in the production, growth, and sale of functional mushrooms and mushroom home grow kits to the recreational market in North America and Europe. More details

TRIP fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Highly volatile share price over the past 3 months compared to the Canadian market

Earnings have declined by 35.9% per year over past 5 years

Does not have a meaningful market cap (CA$20M)

Does not have meaningful revenue (CA$5M)

Red Light Holland Corp. Competitors

TAAT Global Alternatives

CNSX:TAAT

CA$1.9m

Harrys Manufacturing

CNSX:HARY

CA$1.6m

HYTN Innovations

CNSX:HYTN

CA$27.0m

Inter-Rock Minerals

TSXV:IRO

CA$20.9m

Price History & Performance

Summary of all time highs, changes and price drops for Red Light Holland
Historical stock prices
Current Share Price	CA$0.045
52 Week High	CA$0.075
52 Week Low	CA$0.03
Beta	1.48
11 Month Change	12.50%
3 Month Change	12.50%
1 Year Change	-35.71%
33 Year Change	-72.73%
5 Year Change	n/a
Change since IPO	-74.29%

Recent updates

We Think Red Light Holland (CSE:TRIP) Can Afford To Drive Business Growth

Dec 03

Shareholder Returns

	TRIP	CA Tobacco	CA Market
7D	0%	9.2%	0.7%
1Y	-35.7%	-5.1%	21.7%

Return vs Industry: TRIP underperformed the Canadian Tobacco industry which returned -6.3% over the past year.

Return vs Market: TRIP underperformed the Canadian Market which returned 21.4% over the past year.

Price Volatility

Is TRIP's price volatile compared to industry and market?
TRIP volatility
TRIP Average Weekly Movement	22.5%
Tobacco Industry Average Movement	8.6%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.6%
10% least volatile stocks in CA Market	2.9%

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

Volatility Over Time: TRIP's weekly volatility has increased from 17% to 22% over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Todd Shapiro	redlight.co

Red Light Holland Corp. engages in the production, growth, and sale of functional mushrooms and mushroom home grow kits to the recreational market in North America and Europe. It is also involved in the selection, distribution, and export of truffles, cannabidiol products, cannabis seeds, headshop products, growshop goods, cannabis bake house muffins, cookies, and cakes. The company sells its products under the iMicrodose, Maka, Happy Caps, and Mistercap’s brands through brick-and-mortar SmartShops, as well as through online stores.

Red Light Holland Corp. Fundamentals Summary

How do Red Light Holland's earnings and revenue compare to its market cap?
TRIP fundamental statistics
Market cap	CA$20.05m
Earnings (TTM)	-CA$7.17m
Revenue (TTM)	CA$5.11m

3.5x

P/S Ratio

-2.5x

P/E Ratio

Is TRIP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TRIP income statement (TTM)
Revenue	CA$5.11m
Cost of Revenue	CA$2.99m
Gross Profit	CA$2.12m
Other Expenses	CA$9.30m
Earnings	-CA$7.17m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.018
Gross Margin	41.53%
Net Profit Margin	-140.43%
Debt/Equity Ratio	6.5%

How did TRIP perform over the long term?

See historical performance and comparison

TRIP Stock Overview

Risk Analysis

Red Light Holland Corp. Competitors

CNSX:TAAT

CA$1.9m

CNSX:HARY

CA$1.6m

CNSX:HYTN

CA$27.0m

TSXV:IRO

CA$20.9m

Price History & Performance

Recent News & Updates

New major risk - Market cap size

First quarter 2025 earnings released: CA$0.004 loss per share (vs CA$0.005 loss in 1Q 2024)

Independent Chairman exercised options to buy CA$41k worth of stock.

Red Light Holland Corp., Annual General Meeting, Oct 31, 2024

Full year 2024 earnings released: CA$0.019 loss per share (vs CA$0.014 loss in FY 2023)

Red Light Holland Corp. Appoints Jon Szczur as Interim Chief Financial Officer

Recent updates

New major risk - Market cap size

First quarter 2025 earnings released: CA$0.004 loss per share (vs CA$0.005 loss in 1Q 2024)

Independent Chairman exercised options to buy CA$41k worth of stock.

Red Light Holland Corp., Annual General Meeting, Oct 31, 2024

Full year 2024 earnings released: CA$0.019 loss per share (vs CA$0.014 loss in FY 2023)

Red Light Holland Corp. Appoints Jon Szczur as Interim Chief Financial Officer

Red Light Holland Corp. Announces Resignation of David Ascott as Chief Financial Officer, Effective June 21, 2024

New minor risk - Shareholder dilution

Red Light Holland Corp. announced that it has received CAD 0.75 million in funding from Plaza Capital Ltd.

Red Light Holland Corp. announced that it expects to receive CAD 0.75 million in funding

Third quarter 2024 earnings released

Red Light Holland Corp. to Report Q3, 2024 Results on Feb 29, 2024

Red Light Holland Corp. Announces Departure of Ridley Doolittle as Chief Marketing Officer

Second quarter 2024 earnings released

New minor risk - Share price stability

Red Light Holland Corp. Appoints Troy Dufour as Senior Vice President of Sales

Full year 2023 earnings released: CA$0.01 loss per share (vs CA$0.041 loss in FY 2022)

Third quarter 2023 earnings released: CA$0.003 loss per share (vs CA$0.003 loss in 3Q 2022)

Red Light Holland Corp., Annual General Meeting, Mar 23, 2023

Second quarter 2023 earnings released: CA$0.003 loss per share (vs CA$0.005 loss in 2Q 2022)

Price target decreased to CA$0.12

High number of new and inexperienced directors

Red Light Holland Corp. (CNSX:TRIP) completed the acquisition of 100 acres of farmland in Ontario.

Red Light Holland Corp. Engages Akwasi Owusu-Bempah as Advisor to Advisory Board

Price target decreased to CA$0.12

High number of new and inexperienced directors

Red Light Holland Corp. (CNSX:TRIP) signed a purchase and sales agreement to acquire 100 acres of farmland located at 620 Stewart Line for $1.8 million.

Red Light Holland Corp. Appoints Ridley Doolittle as Chief Marketing Officer

Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint

High number of new and inexperienced directors

Red Light Holland Corp. Expands iMicrodose Branded Product Offerings and Launches the Sale of All-In-One Mushroom Fruiting Extracts

Red Light Holland Corp. (CNSX:TRIP) completed the acquisition of 51% stake in Acadian Exotic Mushrooms from Holburne Mushroom Farm, Mike and Fernando Medeiros.

Red Light Holland Corp. (CNSX:TRIP) completed the acquisition of Mera Life Sciences LLC for CAD 2.4 million.

Independent Director recently sold CA$536k worth of stock

Red Light Holland Corp. (CNSX:TRIP) entered into a non-binding letter of intent to acquire a 51% stake in Acadian Exotic Mushrooms from Holburne Mushroom Farm, Mike and Fernando Medeiros.

Red Light Holland Corp. (CNSX:TRIP) completed the acquisition of 80% stake in 4316747 Nova Scotia Limited for CAD 0.97 million.

Red Light Holland Corp. (CNSX:TRIP) completed the acquisition of SR Wholesale B.V.

Red Light Holland Corp. Announces Appointment of Glenn Cowan to Advisory Board Joining Chair

Red Light Holland Corp. has completed a Composite Units Offering in the amount of CAD 10.12 million.

Red Light Holland Corp. has completed a Composite Units Offering in the amount of CAD 8.50017 million.

New 90-day high: CA$0.48

Red Light Holland Corp. (CNSX:TRIP) entered into a non-binding letter of intent to acquire Mera Life Sciences LLC.

Red Light Holland Corp. Commences Growing its Second Crop of Approximately 1,000,000 Grams of Magic Truffles Consisting of Three Different Strains, Including Psilocybe Mexicana, Psilocybe Galindoi, and Psilocybe Tampanensis

Red Light Holland Corp. and Disruptive Pharma Announce Intention to Form Joint Venture in Brazil

New 90-day high: CA$0.21

Red Light Holland Corp. Appoints Karim Rashid as Head of Design

We Think Red Light Holland (CSE:TRIP) Can Afford To Drive Business Growth

Red Light Holland and Halo Labs Announce Intention to Enter Oregon Medicinal Psilocybin Market

Red Light Holland Corp. (CNSX:TRIP) entered into a non-binding letter of intent to acquire SR Wholesale B.V.

Red Light Holland Corp. Announces iMicrodose Packs

Red Light Holland Corp. Reaches Distribution Arrangement for iMicrodose Packs with Smartshop Oss

Red Light Holland Reaches Distribution Agreement for iMicrodose Packs with Super Smart

Red Light Holland Corp.'s Science Division, Scarlette Lillie Science and Innovation Secures Jinfiniti Precision Medicine in Order to Explore the Potential Roles that Psilocybin and Truffles Can Play for Age-Related and Psychiatric Disorders

Interrobang Ltd. Reaches Distribution Agreement with Red Light Holland Corp

Imicrodose Packs Announces iMicrodose Packs Are Now Available for Purchase in Stores and Online in the Netherlands Plus Launch Event

Red Light Holland Corp. announced that it has received CAD 5.009829 million in funding

Shareholder Returns

Price Volatility

About the Company

Red Light Holland Corp. Fundamentals Summary