Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data Adastra Holdings Ltd. files with the SEC in its annual reports.
In CAD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2021
FY2021
FY2022
Revenue
2.5
5.63
13.3
Cost of revenue
1.71
3.68
7.18
Gross profit
0.79
1.94
6.11
Research and development
0.18
0.09
0
General and administrative
0.23
0.32
0.69
Operating income
-7.17
-2.39
-0.8
Pre-tax income
-7.62
-2.76
-4.34
Income tax
0
-0.02
-0.06
Net income
-7.62
-2.75
-4.28
EBITDA
-7.07
-2.12
-0.3
EPS, basic
-0.19
-0.05
-0.07
EPS, diluted
-0.19
-0.05
-0.07
Balance sheet
FY2021
FY2021
FY2022
Receivables
0.97
1.5
3.56
Inventory
1.42
1.83
4.01
Total current assets
3.7
4.22
9
Property, plant and equipment
10
9.77
9.73
Goodwill
0
11.1
9.44
Intangible assets
0
3.54
3.13
Total assets
13.7
28.8
31.8
Accounts payable
1.15
1.83
8.55
Total current liabilities
3.59
5.34
12.7
Lease liabilities
0
0.02
0.05
Total liabilities
3.65
6.38
13.6
Total debt
2.44
3.5
3.51
Retained earnings
-11.2
-13.9
-18.2
Total equity
10.1
22.4
18.2
Total liabilities and equity
13.7
28.8
31.8
Cash flow statement
FY2021
FY2021
FY2022
Net income
-7.62
-2.75
-4.28
Depreciation and amortization
0.09
0.27
0.5
Cash from operations
-2.81
-1.05
1.32
Capital expenditures
-1.83
-0.58
-0.63
Cash from investing
-1.82
-0.26
-1.03
Debt issued
0
0
0.3
Debt repaid
-0.2
-0.21
-0.27
Cash from financing
3.4
0.92
-0.02
Net change in cash
-1.23
-0.4
0.27
Free cash flow
-4.63
-1.64
0.69
Key metrics
Worked out from the statements above. Latest values use fiscal 2022. No valuation: the share price is quoted in a different currency than the statements.
Profitability
Metric
Value
How it is calculated
Gross margin
46.0%
Gross profit / revenue.
Operating margin
-6.0%
Operating income / revenue.
EBITDA margin
-2.2%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-32.6%
Pre-tax income / revenue.
Net margin
-32.2%
Net income / revenue.
FCF margin
5.2%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
9.9%
Cash from operations / revenue.
Return on assets (ROA)
-14.1%
Net income / average total assets.
R&D / revenue
0.0%
Research and development expense / revenue.
Capex / revenue
4.7%
Capital expenditures / revenue.
D&A / revenue
3.8%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
136.2%
Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y
214.5%
Gross profit vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
10.6%
Total assets vs the same period a year earlier. Only from a positive base.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.71x
Current assets / current liabilities.
Debt / assets
11.0%
Total debt / total assets.
Liabilities / assets
42.7%
Total liabilities / total assets.
Working capital
-CA$3.7M
Current assets - current liabilities.
Goodwill and intangibles / assets
39.5%
(Goodwill + intangible assets) / total assets.
Efficiency
Metric
Value
How it is calculated
Asset turnover
0.44x
Revenue / average total assets.
Fixed asset turnover
1.36x
Revenue / average property, plant and equipment.
Inventory turnover
2.46x
Cost of revenue / average inventory.
Days inventory
148 days
365 x average inventory / cost of revenue.
Receivables turnover
5.26x
Revenue / average receivables.
Days sales outstanding
69 days
365 x average receivables / revenue.
Days payables
264 days
365 x average accounts payable / cost of revenue.
Cash conversion cycle
-46 days
Days inventory + days sales outstanding - days payables.
Capex / operating cash flow
47.4%
Capital expenditures / cash from operations, when that is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
-CA$0.07
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
-CA$0.07
Net income per basic share, as reported (split-adjusted).
What was Adastra Holdings Ltd.'s revenue in fiscal 2022?
Adastra Holdings Ltd. reported revenue of CA$13.3M for fiscal 2022, 136.2% higher than the year before.
Was Adastra Holdings Ltd. profitable in fiscal 2022?
No. It reported a net loss of CA$4.3M.
How much free cash flow did Adastra Holdings Ltd. generate in fiscal 2022?
Cash from operations of CA$1.3M minus capital expenditures of CA$625.0K left free cash flow of CA$694.1K.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.