Financial Snapshot

Revenue
$19.15M
TTM
Gross Margin
-38.05%
TTM
Net Earnings
-$20.38M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
74.53%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$4.145M
Q3 2024
Cash
Q3 2024
P/E
-0.01784
Nov 13, 2024 EST
Free Cash Flow
-$4.248M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $28.27M $43.54M $53.72M $42.62M $37.05M $17.20M $15.47M $4.676M
YoY Change -35.08% -18.96% 26.06% 15.04% 115.39% 11.19% 230.8%

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
Revenue $28.27M $43.54M $53.72M $42.62M $37.05M $17.20M $15.47M $4.676M
Cost Of Revenue $35.71M $45.38M $51.25M $40.41M $47.79M $11.71M $13.58M $3.904M
Gross Profit -$7.442M -$1.841M $2.477M $2.205M -$10.75M $5.490M $1.893M $772.0K
Gross Profit Margin -26.33% -4.23% 4.61% 5.17% -29.01% 31.92% 12.24% 16.51%

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
Selling, General & Admin $9.699M $14.83M $22.47M $16.93M $31.50M $11.29M $7.739M $4.026M
YoY Change -34.59% -34.0% 32.69% -46.25% 178.98% 45.91% 92.23%
% of Gross Profit 906.98% 767.85% 205.68% 408.82% 521.5%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.117M $7.376M $4.236M $3.912M $3.914M $455.0K $330.0K $213.0K
YoY Change -30.63% 74.13% 8.28% -0.05% 760.22% 37.88% 54.93%
% of Gross Profit 171.01% 177.41% 8.29% 17.43% 27.59%
Operating Expenses $10.12M $15.28M $22.47M $18.01M $34.82M $11.39M $7.804M $4.066M
YoY Change -33.75% -32.01% 24.72% -48.27% 205.69% 45.98% 91.93%
Operating Profit -$17.56M -$17.12M -$19.99M -$15.81M -$45.57M -$5.902M -$5.911M -$3.294M
YoY Change 2.61% -14.37% 26.45% -65.31% 672.09% -0.15% 79.45%

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
Interest Expense -$3.865M -$6.472M -$4.552M -$3.879M -$4.243M -$1.178M -$1.184M -$172.0K
YoY Change -40.28% 42.18% 17.35% -8.58% 260.19% -0.51% 588.37%
% of Operating Profit
Other Income/Expense, Net $8.541M -$7.257M -$3.162M -$5.878M -$4.148M -$106.0K -$98.00K $27.00K
YoY Change -217.69% 129.51% -46.21% 41.71% 3813.21% 8.16% -462.96%

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
Pretax Income -$37.18M -$24.37M $1.390M $2.202M $254.0K -$7.186M -$7.193M -$3.439M
YoY Change 52.55% -1853.45% -36.88% 766.93% -103.53% -0.1% 109.16%
Income Tax $161.0K $191.0K $213.0K $224.0K $205.0K $97.00K $22.00K $0.00
% Of Pretax Income 15.32% 10.17% 80.71%
Net Earnings -$37.34M -$24.56M -$24.68M -$21.91M -$49.93M -$7.283M -$7.215M -$3.439M
YoY Change 52.02% -0.46% 12.63% -56.12% 585.62% 0.94% 109.8%
Net Earnings / Revenue -132.11% -56.42% -45.93% -51.41% -134.79% -42.35% -46.64% -73.55%
Basic Earnings Per Share -$2.71 -$0.22 -$0.27 -$0.65 -$1.59
Diluted Earnings Per Share -$2.71 -$0.22 -$0.27 -$0.65 -$1.59 -$2.041M -$2.022M -$963.8K

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
Cash & Short-Term Investments $2.311M $1.098M $7.887M $25.75M $1.344M $10.31M $2.229M $2.807M
YoY Change 110.47% -86.08% -69.37% 1816.0% -86.96% 362.54% -20.59%
Cash & Equivalents $2.311M $1.098M $7.887M $25.75M $1.344M $10.31M $2.229M $2.807M
Short-Term Investments
Other Short-Term Assets $2.397M $1.522M $1.976M $6.391M $2.729M $2.086M $1.892M $981.0K
YoY Change 57.49% -22.98% -69.08% 134.19% 30.82% 10.25% 92.86%
Inventory $4.760M $10.78M $13.34M $9.933M $11.09M $14.18M $3.305M $825.0K
Prepaid Expenses
Receivables $2.620M $4.163M $8.222M $4.529M $6.890M $2.965M $1.448M $416.0K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $3.200M $0.00 $0.00
Total Short-Term Assets $12.09M $17.56M $31.43M $46.60M $22.06M $32.74M $8.874M $5.029M
YoY Change -31.17% -44.12% -32.56% 111.31% -32.65% 269.0% 76.46%
Property, Plant & Equipment $22.43M $58.65M $64.78M $49.24M $42.97M $4.063M $1.649M $960.0K
YoY Change -61.76% -9.47% 31.55% 14.59% 957.64% 146.39% 71.77%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $397.0K $1.148M
YoY Change -65.42%
Other Assets $555.0K $413.0K $416.0K $476.0K $2.274M $454.0K $856.0K $0.00
YoY Change 34.38% -0.72% -12.61% -79.07% 400.88% -46.96%
Total Long-Term Assets $25.53M $101.3M $106.0M $50.81M $47.15M $6.212M $2.712M $1.184M
YoY Change -74.79% -4.43% 108.52% 7.76% 659.06% 129.06% 129.05%
Total Assets $37.61M $118.8M $137.4M $97.42M $69.21M $38.96M $11.59M $6.213M
YoY Change
Accounts Payable $4.314M $2.307M $3.102M $2.137M $7.127M $2.191M $2.966M $850.0K
YoY Change 87.0% -25.63% 45.16% -70.02% 225.29% -26.13% 248.94%
Accrued Expenses $1.761M $3.559M $650.0K $1.212M $531.0K $259.0K $292.0K $160.0K
YoY Change -50.52% 447.54% -46.37% 128.25% 105.02% -11.3% 82.5%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.993M $24.34M $2.665M $3.514M $2.460M $197.0K $3.708M $58.00K
YoY Change -91.81% 813.28% -24.16% 42.85% 1148.73% -94.69% 6293.1%
Total Short-Term Liabilities $8.613M $30.65M $10.12M $15.72M $12.05M $4.436M $7.753M $1.126M
YoY Change -71.9% 202.78% -35.62% 30.47% 171.66% -42.78% 588.54%
Long-Term Debt $17.52M $40.06M $56.95M $50.54M $31.85M $389.0K $8.568M $3.654M
YoY Change -56.26% -29.66% 12.69% 58.67% 8087.92% -95.46% 134.48%
Other Long-Term Liabilities $946.0K -$1.000K $411.0K $106.0K
YoY Change -94700.0% -100.24% 287.74%
Total Long-Term Liabilities $17.52M $40.06M $56.95M $50.54M $32.80M $388.0K $8.979M $3.760M
YoY Change -56.26% -29.66% 12.69% 54.09% 8352.84% -95.68% 138.8%
Total Liabilities $26.14M $70.71M $67.07M $66.26M $44.85M $4.824M $16.73M $4.886M
YoY Change -63.04% 5.42% 1.23% 47.74% 829.68% -71.17% 242.45%

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
Basic Shares Outstanding 13.79M shares 113.2M shares 90.75M shares 33.94M shares 31.38M shares
Diluted Shares Outstanding 13.79M shares 113.2M shares 90.75M shares 33.94M shares 31.38M shares
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: $363.39 Thousand

About Lowell Farms Inc.

Lowell Farms, Inc. is a cannabis company, which engages in cultivating, extracting, producing, and distributing cannabis products. The company is headquartered in Salinas, California. The company went IPO on 2006-03-17. The firm manufactures and distributes proprietary and select third-party brands throughout the State of California. The company also provides manufacturing, extraction and distribution services to select third-party cannabis and cannabis branding companies and sells proprietary bulk flowers and brokers third-party bulk flowers to licensed distribution and manufacturing companies in California. Its brands include Lowell Smokes, Lowell Herb Co, House Weed, Kaizen, Moon, Original Pot Company, Flavor Extracts, Humble Flower and Cypress Cannabis. The firm operates approximately 40,000-square-foot of processing facility, a 15,000-square-foot manufacturing and laboratory facility in Salinas, California, and laboratory facility in Salinas, California, and others.

Industry: Agricultural Production-Crops Peers: Acer Therapeutics Inc. Biofrontera Inc Cocrystal Pharma Inc Clever Leaves Holdings Inc. CalciMedica Inc Johnson & Johnson Landos Biopharma, Inc. Provectus Biopharmaceuticals Inc