2LK logo

Nova Cannabis DB:2LK Stock Report

Last Price

€0.86

Market Cap

€54.5m

7D

4.2%

1Y

118.4%

Updated

28 May, 2024

Data

Company Financials +

Nova Cannabis Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Nova Cannabis
Historical stock prices
Current Share PriceCA$0.86
52 Week HighCA$1.30
52 Week LowCA$0.24
Beta-2.09
1 Month Change-4.42%
3 Month Change-11.28%
1 Year Change118.43%
3 Year Change-57.70%
5 Year Changen/a
Change since IPO-59.34%

Recent News & Updates

Recent updates

Shareholder Returns

2LKDE Specialty RetailDE Market
7D4.2%-1.7%0.1%
1Y118.4%-7.4%9.1%

Return vs Industry: 2LK exceeded the German Specialty Retail industry which returned -7.4% over the past year.

Return vs Market: 2LK exceeded the German Market which returned 9.1% over the past year.

Price Volatility

Is 2LK's price volatile compared to industry and market?
2LK volatility
2LK Average Weekly Movement12.0%
Specialty Retail Industry Average Movement6.7%
Market Average Movement4.9%
10% most volatile stocks in DE Market10.5%
10% least volatile stocks in DE Market2.5%

Stable Share Price: 2LK's share price has been volatile over the past 3 months.

Volatility Over Time: 2LK's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a719Marcie Kiziakwww.novacannabis.ca

Nova Cannabis Inc. operates retail cannabis stores with a focus on the recreational-use cannabis market in Canada. The company is headquartered in Edmonton, Canada. Nova Cannabis Inc. is a subsidiary of SNDL Inc.

Nova Cannabis Inc. Fundamentals Summary

How do Nova Cannabis's earnings and revenue compare to its market cap?
2LK fundamental statistics
Market cap€54.46m
Earnings (TTM)€2.19m
Revenue (TTM)€177.75m

24.0x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2LK income statement (TTM)
RevenueCA$263.41m
Cost of RevenueCA$198.89m
Gross ProfitCA$64.51m
Other ExpensesCA$61.28m
EarningsCA$3.24m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.052
Gross Margin24.49%
Net Profit Margin1.23%
Debt/Equity Ratio29.6%

How did 2LK perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.