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Simply Solventless Concentrates TSXV:HASH Stock Report

Last Price

CA$0.73

Market Cap

CA$69.4m

7D

9.0%

1Y

386.7%

Updated

30 Dec, 2024

Data

Company Financials

Simply Solventless Concentrates Ltd.

TSXV:HASH Stock Report

Market Cap: CA$69.4m

HASH Stock Overview

Simply Solventless Concentrates Ltd. cultivates, processes, formulates, manufactures, and sells a portfolio of terpene-rich solventless concentrates for the recreational, medical, and business to business cannabis markets in Canada. More details

HASH fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Rewards

Revenue grew by 79.2% over the past year

Risk Analysis

Shareholders have been substantially diluted in the past year

High level of non-cash earnings

Profit margins (10%) are lower than last year (36.3%)

Does not have a meaningful market cap (CA$69M)


My Notes

Capture your thoughts, links and company narrative

Simply Solventless Concentrates Ltd. Competitors

Medexus Pharmaceuticals

TSX:MDP

CA$81.4m

Grey Wolf Animal Health

TSXV:WOLF

CA$37.6m

Grown Rogue International

CNSX:GRIN

CA$200.0m

BioSyent

TSXV:RX

CA$131.9m

Price History & Performance

Summary of share price highs, lows and changes for Simply Solventless Concentrates
Historical stock prices
Current Share PriceCA$0.73
52 Week HighCA$0.75
52 Week LowCA$0.075
Beta-0.19
1 Month Change37.74%
3 Month Change0%
1 Year Change386.67%
3 Year Changen/a
5 Year Changen/a
Change since IPO102.78%

Recent News & Updates

Some Simply Solventless Concentrates Ltd. (CVE:HASH) Shareholders Look For Exit As Shares Take 31% Pounding

Nov 28
Some Simply Solventless Concentrates Ltd. (CVE:HASH) Shareholders Look For Exit As Shares Take 31% Pounding

Recent updates

Some Simply Solventless Concentrates Ltd. (CVE:HASH) Shareholders Look For Exit As Shares Take 31% Pounding

Nov 28
Some Simply Solventless Concentrates Ltd. (CVE:HASH) Shareholders Look For Exit As Shares Take 31% Pounding

Shareholder Returns

HASHCA PharmaceuticalsCA Market
7D9.0%-1.0%0.9%
1Y386.7%-31.4%15.7%

Return vs Industry: HASH exceeded the Canadian Pharmaceuticals industry which returned -31.4% over the past year.

Return vs Market: HASH exceeded the Canadian Market which returned 15.7% over the past year.

Price Volatility

Is HASH's price volatile compared to industry and market?
HASH volatility
HASH Average Weekly Movement12.6%
Pharmaceuticals Industry Average Movement12.1%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market2.9%

Stable Share Price: HASH has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: HASH's weekly volatility has decreased from 21% to 13% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2020n/aJeff Swainsonwww.simplysolventless.net

Simply Solventless Concentrates Ltd. cultivates, processes, formulates, manufactures, and sells a portfolio of terpene-rich solventless concentrates for the recreational, medical, and business to business cannabis markets in Canada. The company was incorporated in 2020 and is based in Calgary, Canada.

Simply Solventless Concentrates Ltd. Fundamentals Summary

How do Simply Solventless Concentrates's earnings and revenue compare to its market cap?
HASH fundamental statistics
Market capCA$69.44m
Earnings (TTM)CA$1.15m
Revenue (TTM)CA$11.46m

60.6x

P/E Ratio

6.1x

P/S Ratio

Is HASH overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HASH income statement (TTM)
RevenueCA$11.46m
Cost of RevenueCA$6.18m
Gross ProfitCA$5.29m
Other ExpensesCA$4.14m
EarningsCA$1.15m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.012
Gross Margin46.12%
Net Profit Margin10.01%
Debt/Equity Ratio17.2%

How did HASH perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 19:42
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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

Simply Solventless Concentrates Ltd. 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