Financial Snapshot

Revenue
$6.651M
TTM
Gross Margin
52.49%
TTM
Net Earnings
-$240.4K
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
19.21%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$6.997M
Q3 2024
Cash
Q3 2024
P/E
-3.336
Nov 29, 2024 EST
Free Cash Flow
$2.011M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $3.720M $0.00 $0.00 $30.00K $0.00 $263.00 $15.43K $5.918K $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -98.3% 160.8%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $3.720M $0.00 $0.00 $30.00K $0.00 $263.00 $15.43K $5.918K $0.00 $0.00 $0.00
Cost Of Revenue $2.065M $0.00 $0.00 $25.00K
Gross Profit $1.655M $0.00 $0.00 $5.000K
Gross Profit Margin 44.49% 16.67%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Selling, General & Admin $1.412M $1.263M $1.039M $1.207M $3.939M $1.172M $525.0K $592.8K $428.2K $239.6K $0.00
YoY Change 11.78% 21.59% -13.95% -69.36% 236.22% 123.15% -11.43% 38.43% 78.72%
% of Gross Profit 85.3% 24139.4%
Research & Development $0.00 $91.85K $87.31K $114.0K $31.32K $0.00
YoY Change -100.0% 5.21% -23.44% 264.09%
% of Gross Profit
Depreciation & Amortization $811.6K $885.2K $971.5K $292.9K $111.1K $0.00 $13.25K $0.00
YoY Change -8.31% -8.88% 231.64% 163.72% -100.0%
% of Gross Profit 49.04% 5858.88%
Operating Expenses $2.086M $1.240M $1.350M $1.569M $4.690M $1.281M $924.7K $1.672M $2.747M $358.2K $0.00
YoY Change 68.32% -8.16% -14.0% -66.54% 266.11% 38.53% -44.7% -39.12% 666.8%
Operating Profit -$431.3K -$1.240M -$1.350M -$1.564M
YoY Change -65.21% -8.16% -13.72%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Interest Expense $1.411M $1.122M $985.6K $514.0K -$114.9K $81.85K $104.4K $65.01K $1.543K $133.00 $0.00
YoY Change 25.8% 13.79% 91.75% -547.41% -240.37% -21.58% 60.55% 4113.09% 1060.15%
% of Operating Profit
Other Income/Expense, Net $107.6K -$3.281M $1.623M -$5.509M -$296.4K -$619.6K -$833.4K $0.00
YoY Change -103.28% -302.18% -129.45% 1758.74% -52.16% -25.66%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Pretax Income -$323.7K -$4.520M $272.9K -$7.074M -$10.37M -$1.900M -$1.743M -$2.345M -$2.748M -$358.3K $0.00
YoY Change -92.84% -1756.42% -103.86% -31.77% 445.57% 9.05% -25.67% -14.69% 666.94%
Income Tax $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income 0.0%
Net Earnings -$323.7K -$4.520M $272.9K -$7.074M -$10.37M -$1.900M -$1.743M -$2.345M -$2.748M -$358.3K $0.00
YoY Change -92.84% -1756.42% -103.86% -31.77% 445.57% 9.05% -25.67% -14.69% 666.94%
Net Earnings / Revenue -8.7% -23579.57% -722563.12% -11291.19% -39619.26%
Basic Earnings Per Share $0.00 -$0.01 $0.00 -$0.01
Diluted Earnings Per Share $0.00 -$0.01 $0.00 -$0.01 -$25.26K -$41.13K -$722.0K -$85.82M -$341.4M -$51.93M $0.00

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Cash & Short-Term Investments $736.3K $223.8K $113.1K $172.6K $10.49K $303.4K $60.00 $16.26K $840.00 $1.080K $0.00
YoY Change 228.95% 97.95% -34.48% 1545.38% -96.54% 505633.33% -99.63% 1835.71% -22.22%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $106.7K $680.4K $344.5K $327.0K $37.70K $35.15K $0.00 $140.0K $0.00
YoY Change -84.32% 97.5% 5.35% 767.37% 7.25% -100.0%
Inventory $1.216M $0.00 $99.00K $99.00K $124.0K
Prepaid Expenses
Receivables $1.032M $2.070K $2.070K $2.070K $2.070K
Other Receivables $3.780K $3.690K $25.58K $154.0K $38.58K
Total Short-Term Assets $3.094M $910.0K $584.2K $754.7K $212.8K $559.1K $60.00 $156.3K $840.00 $1.080K $0.00
YoY Change 240.03% 55.76% -22.59% 254.57% -61.93% 931750.0% -99.96% 18502.38% -22.22%
Property, Plant & Equipment $5.477M $5.617M $6.926M $7.895M $8.104M $2.596M $0.00
YoY Change -2.49% -18.91% -12.26% -2.58% 212.18%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $775.6K $1.870M $721.2K
YoY Change -100.0% -58.53% 159.32%
Other Assets $31.50K $0.00
YoY Change
Total Long-Term Assets $5.747M $6.656M $12.48M $12.28M $16.25M $6.222M $0.00 $137.6K $0.00 $0.00 $0.00
YoY Change -13.66% -46.66% 1.6% -24.43% 161.21% -100.0%
Total Assets $8.841M $7.566M $13.06M $13.04M $16.46M $6.781M $60.00 $293.9K $840.00 $1.080K $0.00
YoY Change
Accounts Payable $372.0K $5.120M $1.200M $2.974M $1.511M $403.6K $123.7K $514.7K $400.0K $0.00 $0.00
YoY Change -92.73% 326.57% -59.64% 96.77% 274.4% 226.29% -75.97% 28.68%
Accrued Expenses $2.750M $1.792M $2.027M $1.489M $72.06K
YoY Change 53.48% -11.6% 36.1% 1966.56%
Deferred Revenue
YoY Change
Short-Term Debt $990.00 $990.00 $990.00 $4.690K $528.9K $221.6K $572.7K $701.5K $12.50K $0.00 $0.00
YoY Change 0.0% 0.0% -78.89% -99.11% 138.61% -61.3% -18.36% 5512.16%
Long-Term Debt Due $11.42M $4.469M $32.19K
YoY Change 155.47%
Total Short-Term Liabilities $14.59M $6.927M $4.043M $4.873M $5.135M $3.437M $2.062M $2.114M $1.089M $279.6K $0.00
YoY Change 110.6% 71.33% -17.03% -5.09% 49.42% 66.64% -2.43% 94.11% 289.38%
Long-Term Debt $0.00 $5.878M $9.622M $7.103M $47.62K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% -38.91% 35.45% 14816.69%
Other Long-Term Liabilities $1.224M $1.320M $1.550M $4.581M $7.493M
YoY Change -7.26% -14.84% -66.16% -38.86%
Total Long-Term Liabilities $1.224M $7.198M $11.17M $11.68M $7.541M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -82.99% -35.57% -4.39% 54.96%
Total Liabilities $15.81M $14.13M $15.22M $16.56M $12.68M $3.437M $2.062M $2.114M $1.089M $279.6K $0.00
YoY Change 11.95% -7.16% -8.11% 30.63% 268.84% 66.64% -2.43% 94.11% 289.38%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Basic Shares Outstanding 617.0M 617.0M 595.3M 566.9M
Diluted Shares Outstanding 617.0M 617.0M 595.3M 566.9M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $802.13 Thousand

About Target Group Inc.

Target Group, Inc. is an investment holding company, engaged in the cultivation, processing and distribution of curated cannabis products for the adult-use medical and recreational cannabis market. The company is headquartered in Vaughan, Ontario and currently employs 40 full-time employees. The company went IPO on 2015-09-22. The company is a diversified, vertically integrated, cannabis company with a focus nationally and internationally. The firm is engaged in the cultivation, processing, and distribution of curated cannabis products for the adult-use medical and recreational cannabis market in Canada and in the United States. Its products include Cannabis flower pods for vaporizer use, Cannabis extract pods for vaporizer use, Cannabis pre-rolls, K-Cup infused coffee and tea pots, Infused cannabis beverages, Infused cannabis edibles and infused topical products and CBD wellness products. The firm's subsidiary, Canary Rx Inc, is a Canadian licensed producer, which operates an approximately 44,000 square foot facility located in Norfolk County, Ontario.

Industry: Medicinal Chemicals & Botanical Products Peers: Pharmagreen Biotech Inc. InMed Pharmaceuticals Inc.