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 - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 112 % +93.4%
Quick Ratio 44.8 % +43.3%
Debt-to-equity 309 % +55%
Return On Equity -254 % -187%
Return On Assets -62.1 % -110%
Operating Margin -91.2 % -91%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 18.1M shares +0.13%
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 19.2M USD -36.3%
Cost of Revenue 51.9M USD +29.6%
Selling and Marketing Expense 1.66M USD -44.5%
General and Administrative Expense 6.24M USD -14.2%
Costs and Expenses 21.9M USD -27.3%
Operating Income (Loss) -17.5M USD -21.7%
Nonoperating Income (Expense) -2.34M USD +97.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -19.8M USD +44.1%
Income Tax Expense (Benefit) 564K USD
Net Income (Loss) Attributable to Parent -20.4M USD +42.4%
Earnings Per Share, Basic -1.09 USD/shares +70.2%
Earnings Per Share, Diluted -1.09 USD/shares +70.2%

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 2.26M USD -14.4%
Inventory, Net 1.94M USD -78.1%
Assets, Current 5.64M USD -68.8%
Property, Plant and Equipment, Net 2.89M USD -79.8%
Operating Lease, Right-of-Use Asset 17.2M USD -67.7%
Intangible Assets, Net (Excluding Goodwill) 2.54M USD -94%
Other Assets, Noncurrent 672K USD -26.6%
Assets 28.4M USD -75.1%
Accounts Payable, Current 2.65M USD -34.4%
Accrued Liabilities, Current 463K USD -7.4%
Liabilities, Current 7.57M USD -76.7%
Long-term Debt and Lease Obligation 32.1M USD
Operating Lease, Liability, Noncurrent 33.4M USD -6.91%
Liabilities 24.3M USD -73.1%
Retained Earnings (Accumulated Deficit) -188M USD -12.1%
Stockholders' Equity Attributable to Parent 4.21M USD -82.5%
Liabilities and Equity 28.4M USD -75.1%

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 320K USD -94.2%
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 2.81M USD -52.8%
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 +123%
Lessee, Operating Lease, Liability, to be Paid, Year One 828K 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%