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Decibel Cannabis TSXV:DB Stock Report

Last Price

CA$0.14

Market Cap

CA$53.2m

7D

0%

1Y

7.7%

Updated

23 Apr, 2024

Data

Company Financials +

Decibel Cannabis Company Inc.

TSXV:DB Stock Report

Market Cap: CA$53.2m

DB Stock Overview

Decibel Cannabis Company Inc., an integrated cannabis company, engages in the cannabis cultivation, processing, and sale of cannabis flower products in Canada.

DB fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Decibel Cannabis Company Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Decibel Cannabis
Historical stock prices
Current Share PriceCA$0.14
52 Week HighCA$0.18
52 Week LowCA$0.10
Beta1.05
1 Month Change16.67%
3 Month Change0%
1 Year Change7.69%
3 Year Change-22.22%
5 Year Changen/a
Change since IPO-22.22%

Recent News & Updates

Sentiment Still Eluding Decibel Cannabis Company Inc. (CVE:DB)

Mar 06
Sentiment Still Eluding Decibel Cannabis Company Inc. (CVE:DB)

Recent updates

Sentiment Still Eluding Decibel Cannabis Company Inc. (CVE:DB)

Mar 06
Sentiment Still Eluding Decibel Cannabis Company Inc. (CVE:DB)

Here's Why Decibel Cannabis (CVE:DB) Is Weighed Down By Its Debt Load

Jan 10
Here's Why Decibel Cannabis (CVE:DB) Is Weighed Down By Its Debt Load

We Think Decibel Cannabis (CVE:DB) Is Taking Some Risk With Its Debt

Sep 28
We Think Decibel Cannabis (CVE:DB) Is Taking Some Risk With Its Debt

Cautious Investors Not Rewarding Decibel Cannabis Company Inc.'s (CVE:DB) Performance Completely

Jul 15
Cautious Investors Not Rewarding Decibel Cannabis Company Inc.'s (CVE:DB) Performance Completely

Is Decibel Cannabis (CVE:DB) Using Debt Sensibly?

May 17
Is Decibel Cannabis (CVE:DB) Using Debt Sensibly?

Decibel Cannabis (CVE:DB) Has Debt But No Earnings; Should You Worry?

Nov 11
Decibel Cannabis (CVE:DB) Has Debt But No Earnings; Should You Worry?

Decibel Cannabis (CVE:DB) Use Of Debt Could Be Considered Risky

Jul 22
Decibel Cannabis (CVE:DB) Use Of Debt Could Be Considered Risky

Does Decibel Cannabis (CVE:DB) Have A Healthy Balance Sheet?

Nov 24
Does Decibel Cannabis (CVE:DB) Have A Healthy Balance Sheet?

Here's Why Decibel Cannabis (CVE:DB) Has A Meaningful Debt Burden

Aug 21
Here's Why Decibel Cannabis (CVE:DB) Has A Meaningful Debt Burden

Would Decibel Cannabis (CVE:DB) Be Better Off With Less Debt?

Apr 16
Would Decibel Cannabis (CVE:DB) Be Better Off With Less Debt?

Is Decibel Cannabis (CVE:DB) A Risky Investment?

Dec 28
Is Decibel Cannabis (CVE:DB) A Risky Investment?

Shareholder Returns

DBCA PharmaceuticalsCA Market
7D0%-1.8%-0.6%
1Y7.7%50.8%3.9%

Return vs Industry: DB underperformed the Canadian Pharmaceuticals industry which returned 50.8% over the past year.

Return vs Market: DB exceeded the Canadian Market which returned 3.9% over the past year.

Price Volatility

Is DB's price volatile compared to industry and market?
DB volatility
DB Average Weekly Movement11.6%
Pharmaceuticals Industry Average Movement13.9%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market3.1%

Stable Share Price: DB's share price has been volatile over the past 3 months.

Volatility Over Time: DB's weekly volatility (12%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aBenjamin Szewww.decibelcc.com

Decibel Cannabis Company Inc., an integrated cannabis company, engages in the cannabis cultivation, processing, and sale of cannabis flower products in Canada. It is also involved in the extraction, processing, and manufacturing vape cartridges and glass tube packaging for pre-rolls. In addition, the company engages in the cannabis retail business through operating operational retail locations in Saskatchewan, as well as an e-commerce cannabis platform throughout the Province of Saskatchewan; and operational retail locations in Alberta.

Decibel Cannabis Company Inc. Fundamentals Summary

How do Decibel Cannabis's earnings and revenue compare to its market cap?
DB fundamental statistics
Market capCA$53.18m
Earnings (TTM)-CA$3.73m
Revenue (TTM)CA$114.02m

0.5x

P/S Ratio

-15.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DB income statement (TTM)
RevenueCA$114.02m
Cost of RevenueCA$77.32m
Gross ProfitCA$36.70m
Other ExpensesCA$40.43m
Earnings-CA$3.73m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.0091
Gross Margin32.19%
Net Profit Margin-3.27%
Debt/Equity Ratio88.5%

How did DB perform over the long term?

See historical performance and comparison
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