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Decibel Cannabis TSXV:DB Stock Report

Last Price

CA$0.065

Market Cap

CA$26.6m

7D

8.3%

1Y

-59.4%

Updated

25 Aug, 2024

Data

Company Financials +

Decibel Cannabis Company Inc.

TSXV:DB Stock Report

Market Cap: CA$26.6m

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$0.065
52 Week HighCA$0.18
52 Week LowCA$0.035
Beta1.06
11 Month Change18.18%
3 Month Change-23.53%
1 Year Change-59.38%
33 Year Change-77.97%
5 Year Changen/a
Change since IPO-63.89%

Recent News & Updates

Decibel Cannabis Company Inc. (CVE:DB) Stock's 33% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Aug 15
Decibel Cannabis Company Inc. (CVE:DB) Stock's 33% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Decibel Cannabis (CVE:DB) Takes On Some Risk With Its Use Of Debt

Jul 27
Decibel Cannabis (CVE:DB) Takes On Some Risk With Its Use Of Debt

Recent updates

Decibel Cannabis Company Inc. (CVE:DB) Stock's 33% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Aug 15
Decibel Cannabis Company Inc. (CVE:DB) Stock's 33% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Decibel Cannabis (CVE:DB) Takes On Some Risk With Its Use Of Debt

Jul 27
Decibel Cannabis (CVE:DB) Takes On Some Risk With Its Use Of Debt

Decibel Cannabis Company Inc. (CVE:DB) Analysts Are Cutting Their Estimates: Here's What You Need To Know

Jun 02
Decibel Cannabis Company Inc. (CVE:DB) Analysts Are Cutting Their Estimates: Here's What You Need To Know

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
7D8.3%-6.0%0.9%
1Y-59.4%37.6%15.8%

Return vs Industry: DB underperformed the Canadian Pharmaceuticals industry which returned 37.6% over the past year.

Return vs Market: DB underperformed the Canadian Market which returned 15.8% over the past year.

Price Volatility

Is DB's price volatile compared to industry and market?
DB volatility
DB Average Weekly Movement21.9%
Pharmaceuticals Industry Average Movement10.3%
Market Average Movement8.0%
10% most volatile stocks in CA Market16.6%
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 has increased from 14% to 22% 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, cannabis infused products, cannabis extracts, 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$26.59m
Earnings (TTM)-CA$472.00k
Revenue (TTM)CA$105.60m

0.3x

P/S Ratio

-56.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DB income statement (TTM)
RevenueCA$105.60m
Cost of RevenueCA$61.12m
Gross ProfitCA$44.48m
Other ExpensesCA$44.95m
Earnings-CA$472.00k

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.0012
Gross Margin42.12%
Net Profit Margin-0.45%
Debt/Equity Ratio92.0%

How did DB perform over the long term?

See historical performance and comparison