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Flora Growth NasdaqCM:FLGC Stock Report

Last Price

US$1.55

Market Cap

US$22.2m

7D

-13.4%

1Y

-63.1%

Updated

24 Apr, 2024

Data

Company Financials +

FLGC Stock Overview

Flora Growth Corp., together with its subsidiaries, engages in the growth, cultivation, and development of medicinal cannabis and medicinal cannabis derivative products worldwide.

FLGC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Flora Growth Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Flora Growth
Historical stock prices
Current Share PriceUS$1.55
52 Week HighUS$5.48
52 Week LowUS$0.63
Beta1.91
1 Month Change-8.28%
3 Month Change13.97%
1 Year Change-63.10%
3 Year Changen/a
5 Year Changen/a
Change since IPO-98.38%

Recent News & Updates

Flora Growth Corp.'s (NASDAQ:FLGC) Shares Leap 143% Yet They're Still Not Telling The Full Story

Apr 04
Flora Growth Corp.'s (NASDAQ:FLGC) Shares Leap 143% Yet They're Still Not Telling The Full Story

Investors Don't See Light At End Of Flora Growth Corp.'s (NASDAQ:FLGC) Tunnel And Push Stock Down 51%

Feb 17
Investors Don't See Light At End Of Flora Growth Corp.'s (NASDAQ:FLGC) Tunnel And Push Stock Down 51%

Recent updates

Flora Growth Corp.'s (NASDAQ:FLGC) Shares Leap 143% Yet They're Still Not Telling The Full Story

Apr 04
Flora Growth Corp.'s (NASDAQ:FLGC) Shares Leap 143% Yet They're Still Not Telling The Full Story

Investors Don't See Light At End Of Flora Growth Corp.'s (NASDAQ:FLGC) Tunnel And Push Stock Down 51%

Feb 17
Investors Don't See Light At End Of Flora Growth Corp.'s (NASDAQ:FLGC) Tunnel And Push Stock Down 51%

The Market Lifts Flora Growth Corp. (NASDAQ:FLGC) Shares 41% But It Can Do More

Dec 22
The Market Lifts Flora Growth Corp. (NASDAQ:FLGC) Shares 41% But It Can Do More

Investors Give Flora Growth Corp. (NASDAQ:FLGC) Shares A 28% Hiding

Apr 17
Investors Give Flora Growth Corp. (NASDAQ:FLGC) Shares A 28% Hiding

News Flash: Analysts Just Made A Meaningful Upgrade To Their Flora Growth Corp. (NASDAQ:FLGC) Forecasts

Dec 08
News Flash: Analysts Just Made A Meaningful Upgrade To Their Flora Growth Corp. (NASDAQ:FLGC) Forecasts

Flora Growth gains on deal to acquire No Cap Hemp assets

Sep 07

Elshad Garayev is the new finance chief of Flora Growth

Jul 11

Flora Ready To Grow Like A Weed

Jan 03

Flora Growth: Cheap Cannabis Appeal

Nov 03

Flora Growth CEO Luis Merchan - Growing A Global Cannabis Brand (Video)

Aug 31

Flora Growth bolsters leadership team with new hires

Jun 09

Shareholder Returns

FLGCUS Personal ProductsUS Market
7D-13.4%4.1%1.2%
1Y-63.1%-26.0%24.9%

Return vs Industry: FLGC underperformed the US Personal Products industry which returned -25.4% over the past year.

Return vs Market: FLGC underperformed the US Market which returned 24.7% over the past year.

Price Volatility

Is FLGC's price volatile compared to industry and market?
FLGC volatility
FLGC Average Weekly Movement20.4%
Personal Products Industry Average Movement8.6%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: FLGC's weekly volatility (20%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2019103Clifford Starkewww.floragrowth.com

Flora Growth Corp., together with its subsidiaries, engages in the growth, cultivation, and development of medicinal cannabis and medicinal cannabis derivative products worldwide. It operates through three segments: House of Brands, Commercial and Wholesale, and Pharmaceuticals. The company cultivates, processes, and supplies medicinal-grade cannabis flower, and cannabis derived medical and wellness products.

Flora Growth Corp. Fundamentals Summary

How do Flora Growth's earnings and revenue compare to its market cap?
FLGC fundamental statistics
Market capUS$22.23m
Earnings (TTM)-US$47.36m
Revenue (TTM)US$76.07m

0.3x

P/S Ratio

-0.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FLGC income statement (TTM)
RevenueUS$76.07m
Cost of RevenueUS$58.33m
Gross ProfitUS$17.74m
Other ExpensesUS$65.10m
Earnings-US$47.36m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-3.71
Gross Margin23.32%
Net Profit Margin-62.26%
Debt/Equity Ratio30.2%

How did FLGC perform over the long term?

See historical performance and comparison
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