High Tide Inc
XTSX:HITI
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High Tide Inc
Operating Margin
High Tide Inc
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | CA |
| Market Cap | 297.6m CAD |
| Operating Margin |
2%
|
| Country | JP |
| Market Cap | 776 550.9T JPY |
| Operating Margin |
-83%
|
| Country | US |
| Market Cap | 710.5B USD |
| Operating Margin |
35%
|
| Country | UK |
| Market Cap | 440.4B GBP |
| Operating Margin |
3%
|
| Country | DK |
| Market Cap | 3.3T DKK |
| Operating Margin |
44%
|
| Country | US |
| Market Cap | 373.5B USD |
| Operating Margin |
28%
|
| Country | US |
| Market Cap | 251.1B USD |
| Operating Margin |
34%
|
| Country | CH |
| Market Cap | 202.7B CHF |
| Operating Margin |
32%
|
| Country | CH |
| Market Cap | 183.3B CHF |
| Operating Margin |
31%
|
| Country | UK |
| Market Cap | 162.4B GBP |
| Operating Margin |
21%
|
| Country | IE |
| Market Cap | 146B USD |
| Operating Margin |
11%
|
High Tide Inc
Glance View
High Tide, Inc. engages in the manufacture and retail of cannabis smoking accessories and lifestyle products. The company is headquartered in Calgary, Alberta. The company went IPO on 2018-12-17. The firm operates as a retailer of recreational cannabis with approximately 110 locations across Ontario, Alberta, Manitoba and Saskatchewan. The firm is also a cannabis discount club retailer, featuring Canna Cabana, Meta Cannabis Co., and Meta Cannabis Supply Co. banners, with additional locations under development across the country. High Tide serves consumers through its established e-commerce platforms, including Grasscity.com, Smokecartel.com, Dailyhighclub.com, and Dankstop.com, and in the hemp-derived Cannabidiol (CBD) space through Nuleafnaturals.com, FABCBD.com, and BlessedCBD.co.uk, as well as its wholesale distribution division under Valiant Distribution, including the licensed entertainment product manufacturer Famous Brandz. The firm's brands also include Bud Room, a retail cannabis store located in Ottawa, Ontario.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on High Tide Inc's most recent financial statements, the company has Operating Margin of 2.5%.
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