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LOVE

Cannara Biotech TSXV:LOVE Stock Report

Last Price

CA$0.11

Market Cap

CA$96.5m

7D

4.8%

1Y

-33.3%

Updated

18 Aug, 2022

Data

Company Financials
LOVE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health1/6
Dividends0/6

LOVE Stock Overview

Cannara Biotech Inc., together with its subsidiaries, engages in the indoor cultivation, processing, and sale of cannabis and cannabis-infused products in Canada.

Rewards

Became profitable this year

Risk Analysis

Interest payments are not well covered by earnings

High level of non-cash earnings

Does not have a meaningful market cap (CA$96M)


Cannara Biotech Inc. Competitors

Red White & Bloom Brands

CNSX:RWB

CA$62.1m

BioSyent

TSXV:RX

CA$99.3m

Vext Science

CNSX:VEXT

CA$56.1m

Medexus Pharmaceuticals

TSX:MDP

CA$58.9m

Price History & Performance

Summary of all time highs, changes and price drops for Cannara Biotech
Historical stock prices
Current Share PriceCA$0.11
52 Week HighCA$0.17
52 Week LowCA$0.095
Beta1.6
1 Month Change4.76%
3 Month Change0%
1 Year Change-33.33%
3 Year Change-24.14%
5 Year Changen/a
Change since IPO-63.93%

Recent News & Updates

Jan 27
Cannara Biotech's (CVE:LOVE) Earnings Aren't As Good As They Appear

Cannara Biotech's (CVE:LOVE) Earnings Aren't As Good As They Appear

Even though Cannara Biotech Inc. ( CVE:LOVE ) posted strong earnings recently, the stock hasn't reacted in a large way...

Dec 10
Cannara Biotech (CVE:LOVE) Has A Somewhat Strained Balance Sheet

Cannara Biotech (CVE:LOVE) Has A Somewhat Strained Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

LOVECA PharmaceuticalsCA Market
7D4.8%2.0%1.3%
1Y-33.3%-61.8%3.3%

Return vs Industry: LOVE exceeded the Canadian Pharmaceuticals industry which returned -62.8% over the past year.

Return vs Market: LOVE underperformed the Canadian Market which returned 2.1% over the past year.

Price Volatility

Is LOVE's price volatile compared to industry and market?
LOVE volatility
LOVE Average Weekly Movement10.4%
Pharmaceuticals Industry Average Movement12.6%
Market Average Movement10.5%
10% most volatile stocks in CA Market18.9%
10% least volatile stocks in CA Market4.2%

Stable Share Price: LOVE is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: LOVE's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2017n/aZohar Krivorothttps://cannara.ca

Cannara Biotech Inc., together with its subsidiaries, engages in the indoor cultivation, processing, and sale of cannabis and cannabis-infused products in Canada. It also offers hemp-based CBD products through e-commerce platform. The company was incorporated in 2017 and is headquartered in Saint-Laurent, Canada.

Cannara Biotech Inc. Fundamentals Summary

How do Cannara Biotech's earnings and revenue compare to its market cap?
LOVE fundamental statistics
Market CapCA$96.47m
Earnings (TTM)CA$883.82k
Revenue (TTM)CA$30.29m

110.0x

P/E Ratio

3.2x

P/S Ratio

Is LOVE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
LOVE income statement (TTM)
RevenueCA$30.29m
Cost of RevenueCA$15.62m
Gross ProfitCA$14.66m
Other ExpensesCA$13.78m
EarningsCA$883.82k

Last Reported Earnings

May 31, 2022

Next Earnings Date

Dec 01, 2022

Earnings per share (EPS)0.001
Gross Margin48.42%
Net Profit Margin2.92%
Debt/Equity Ratio48.3%

How did LOVE perform over the long term?

See historical performance and comparison