Lowell Farms Inc. financial data

Symbol
LOWLF on OTC
Industry
Agricultural Production-Crops
Location
19 Quail Run Circle Suite B, Salinas, CA
State of incorporation
British Columbia, Canada
Fiscal year end
December 31
Former names
Indus Holdings, Inc. (to 1/4/2021)
Latest financial report
10-Q - Q2 2024 - Aug 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 84.1 % +8.89%
Quick Ratio 37.2 % -13.9%
Debt-to-equity 318 % +104%
Return On Equity -284 % -588%
Return On Assets -68 % -321%
Operating Margin -79.4 % -54.4%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 18.1M shares -83.9%
Entity Public Float 3.07M USD -85.4%
Common Stock, Value, Issued 192M USD +0.33%
Weighted Average Number of Shares Outstanding, Basic 19M shares +56.3%
Weighted Average Number of Shares Outstanding, Diluted 19M shares +56.3%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 22.1M USD -31.9%
Cost of Revenue 51.9M USD +29.6%
Selling and Marketing Expense 1.88M USD -40%
General and Administrative Expense 6.66M USD -17%
Costs and Expenses 21.9M USD -27.3%
Operating Income (Loss) -17.6M USD -5.07%
Nonoperating Income (Expense) 1.39M USD -46.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -36.8M USD -84.2%
Income Tax Expense (Benefit) 161K USD +188%
Net Income (Loss) Attributable to Parent -36.9M USD -84.5%
Earnings Per Share, Basic -2.56 USD/shares -5.35%
Earnings Per Share, Diluted -2.56 USD/shares -5.35%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 5.5M USD +67%
Accounts Receivable, after Allowance for Credit Loss, Current 1.84M USD -31.3%
Inventory, Net 2.93M USD -69.2%
Assets, Current 7.05M USD -67%
Property, Plant and Equipment, Net 3.54M USD -76.1%
Operating Lease, Right-of-Use Asset 17.5M USD -67.6%
Intangible Assets, Net (Excluding Goodwill) 2.54M USD -94%
Other Assets, Noncurrent 672K USD -26.6%
Assets 31M USD -76.7%
Accounts Payable, Current 1.78M USD -42.3%
Accrued Liabilities, Current 463K USD -7.4%
Liabilities, Current 6.17M USD -79.8%
Long-term Debt and Lease Obligation 32.1M USD
Operating Lease, Liability, Noncurrent 33.4M USD -6.91%
Liabilities 23.1M USD -74%
Retained Earnings (Accumulated Deficit) -185M USD -25%
Stockholders' Equity Attributable to Parent 7.83M USD -82.3%
Liabilities and Equity 31M USD -76.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.03M USD -212%
Net Cash Provided by (Used in) Financing Activities -111K USD +83.8%
Net Cash Provided by (Used in) Investing Activities 0 USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 642K USD -92.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 9K USD -98.9%
Deferred Tax Assets, Valuation Allowance 23.3M USD +36.9%
Operating Lease, Liability 59.4M USD
Depreciation 3.61M USD -41.7%
Payments to Acquire Property, Plant, and Equipment 0 USD -100%
Property, Plant and Equipment, Gross 29.6M USD -59.2%
Operating Lease, Liability, Current 2.5M USD -14.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 3.26M USD +11.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.59M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure +42.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.24M USD -41.5%
Deferred Tax Assets, Operating Loss Carryforwards 23.3M USD +36.9%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.32M USD -40.5%
Operating Lease, Payments 419K USD -31.1%
Amortization of Intangible Assets -82K USD -1011%
Depreciation, Depletion and Amortization 808K USD -32.4%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Interest Expense 5K USD -99.6%