Decibel Cannabis Future Growth
Future criteria checks 4/6
Decibel Cannabis is forecast to grow earnings and revenue by 101.4% and 14.7% per annum respectively. EPS is expected to grow by 36.1% per annum. Return on equity is forecast to be 13.9% in 3 years.
Key information
101.4%
Earnings growth rate
36.1%
EPS growth rate
| Pharmaceuticals earnings growth | 57.6% |
| Revenue growth rate | 14.7% |
| Future return on equity | 13.9% |
| Analyst coverage | Low |
| Last updated | 30 Apr 2024 |
Recent future growth updates
Recent updates
Sentiment Still Eluding Decibel Cannabis Company Inc. (CVE:DB)
Mar 06
Here's Why Decibel Cannabis (CVE:DB) Is Weighed Down By Its Debt Load
Jan 10We Think Decibel Cannabis (CVE:DB) Is Taking Some Risk With Its Debt
Sep 28Cautious Investors Not Rewarding Decibel Cannabis Company Inc.'s (CVE:DB) Performance Completely
Jul 15Is Decibel Cannabis (CVE:DB) Using Debt Sensibly?
May 17Decibel Cannabis (CVE:DB) Has Debt But No Earnings; Should You Worry?
Nov 11Decibel Cannabis (CVE:DB) Use Of Debt Could Be Considered Risky
Jul 22Does Decibel Cannabis (CVE:DB) Have A Healthy Balance Sheet?
Nov 24Here's Why Decibel Cannabis (CVE:DB) Has A Meaningful Debt Burden
Aug 21Would Decibel Cannabis (CVE:DB) Be Better Off With Less Debt?
Apr 16Is Decibel Cannabis (CVE:DB) A Risky Investment?
Dec 28
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 157 | N/A | N/A | N/A | 1 |
| 12/31/2025 | 126 | 19 | 10 | 21 | 3 |
| 12/31/2024 | 108 | 10 | 3 | 14 | 3 |
| 12/31/2023 | 116 | -2 | 5 | 7 | N/A |
| 9/30/2023 | 114 | -4 | 3 | 5 | N/A |
| 6/30/2023 | 102 | 1 | 5 | 7 | N/A |
| 3/31/2023 | 90 | -1 | 5 | 8 | N/A |
| 12/31/2022 | 79 | -4 | 5 | 8 | N/A |
| 9/30/2022 | 68 | -1 | -2 | 3 | N/A |
| 6/30/2022 | 63 | -7 | -11 | -6 | N/A |
| 3/31/2022 | 56 | -5 | -15 | -11 | N/A |
| 12/31/2021 | 52 | 2 | -20 | -17 | N/A |
| 9/30/2021 | 50 | -1 | -13 | -10 | N/A |
| 6/30/2021 | 44 | -1 | -8 | -6 | N/A |
| 3/31/2021 | 38 | -3 | -5 | -2 | N/A |
| 12/31/2020 | 30 | -9 | -9 | -4 | N/A |
| 9/30/2020 | 20 | -14 | -11 | -6 | N/A |
| 6/30/2020 | 15 | -13 | -8 | -5 | N/A |
| 3/31/2020 | 11 | -9 | -9 | -7 | N/A |
| 12/31/2019 | 6 | -7 | -3 | -1 | N/A |
| 9/30/2019 | 5 | -1 | -1 | 0 | N/A |
| 6/30/2019 | 2 | -1 | -4 | -3 | N/A |
| 3/31/2019 | 1 | -3 | -4 | -3 | N/A |
| 12/31/2018 | 0 | -3 | -4 | -3 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DB is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.1%).
Earnings vs Market: DB is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: DB is expected to become profitable in the next 3 years.
Revenue vs Market: DB's revenue (14.7% per year) is forecast to grow faster than the Canadian market (6.6% per year).
High Growth Revenue: DB's revenue (14.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DB's Return on Equity is forecast to be low in 3 years time (13.9%).