CGC - Canopy Growth Corporation
Price:
--
--
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CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$14.47
DETAILS
HIGH:
$27.85
LOW:
$8.00
MEDIAN:
$11.02
CONSENSUS:
$14.47
UPSIDE:
1291.35%
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||
| Revenue | 269.0 | 297.1 | 333.3 | 475.7 | 546.6 | 398.8 | 226.3 | 77.9 | 39.9 | 12.7 | 1.1 | 0 | 0.0 | 0 | 0.0 | 0.0 |
| Cost of Revenue | 189.5 | 216.3 | 396.8 | 663.1 | 479.7 | 430.5 | 137.4 | 3.8 | 2.3 | (6.3) | 0.7 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 79.5 | 80.9 | (63.5) | (187.4) | 67.0 | (31.7) | 88.9 | 74.2 | 37.6 | 19.0 | 0.4 | 0 | 0.0 | 0 | 0.0 | 0.0 |
| Operating Expenses | ||||||||||||||||
| R&D Expenses | 0 | 4.6 | 21.7 | 32.3 | 57.6 | 61.8 | 15.2 | 1.5 | 0.8 | 0.7 | 0.2 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 121.7 | 180.6 | 298.0 | 361.1 | 523.8 | 867.7 | 605.8 | 131.1 | 38.6 | 17.3 | 8.0 | 0.9 | 0.1 | 0.0 | 0.0 | 0.0 |
| Other Expenses | 74.9 | 124.4 | 2,247.3 | 438.0 | 729.0 | 707.7 | 21.5 | 20.5 | (0.6) | 2.3 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 196.7 | 309.6 | 2,567.0 | 831.4 | 1,310.4 | 1,637.3 | 642.6 | 153.1 | 45.4 | 20.3 | 8.2 | 0.9 | 0.1 | 0.0 | 0.0 | 0.0 |
| Operating Income | ||||||||||||||||
| Operating Income | (117.1) | (228.7) | (2,630.5) | (1,018.8) | (1,243.5) | (1,669.0) | (553.6) | (78.9) | (15.2) | (2.7) | (7.7) | (0.9) | (0.1) | (0.0) | (0.0) | (0.0) |
| Interest Expense | 74.6 | 105.4 | 126.2 | 103.9 | 8.5 | 6.7 | 18.4 | 0.8 | 0.1 | 0.1 | 0.1 | 0.0 | 0 | 0 | 0.0 | 0 |
| Interest Income | 8.8 | 16.2 | 24.3 | 6.6 | 21.4 | 66.3 | 49.3 | 1.4 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0.0 | 0.0 |
| Profitability | ||||||||||||||||
| EBITDA | (479.3) | (312.8) | (2,880.0) | (53.0) | (449.7) | (1,377.3) | (631.8) | (29.8) | (0.7) | 0.9 | (7.0) | (0.9) | (0.1) | (0.0) | (0.0) | (0.0) |
| EBIT | (522.4) | (366.0) | (2,960.0) | (163.9) | (576.8) | (1,502.3) | (689.5) | (50.7) | (6.7) | (1.3) | (7.5) | (0.9) | (0.1) | (0.0) | (0.0) | (0.0) |
| Income Before Tax | (597.0) | (471.4) | (3,086.2) | (267.9) | (1,684.0) | (1,509.1) | (657.8) | (52.5) | (17.1) | (3.4) | (8.9) | (0.9) | (0.1) | (0.0) | 0 | 0 |
| Income Tax Expense | 7.1 | 12.3 | (5.7) | (8.9) | (13.1) | (121.6) | 12.3 | (1.6) | (0.4) | 0.1 | 1.4 | 0.0 | 0 | 0 | (0.0) | 0.0 |
| Net Income | (598.1) | (657.3) | (3,278.2) | (310.0) | (1,744.9) | (1,321.3) | (670.1) | (54.1) | (16.6) | (3.5) | (8.9) | (0.9) | (0.1) | (0.0) | (0.0) | (0.0) |
| Per Share Data | ||||||||||||||||
| EPS (Basic) | -5.53 | -6.47 | -70.70 | -7.70 | -4.45 | -3.96 | -1.99 | -0.31 | -0.14 | -0.05 | -0.30 | -0.93 | -0.06 | -0.02 | -0.02 | -0.03 |
| EPS (Diluted) | -5.53 | -8.79 | -70.70 | -7.70 | -4.45 | -3.90 | -1.99 | -0.31 | -0.14 | -0.05 | -0.30 | -0.93 | -0.06 | -0.02 | -0.02 | -0.03 |
| Shares Outstanding | 107.6 | 101.6 | 46.4 | 39.1 | 375.3 | 350.0 | 337.5 | 177.3 | 119.0 | 77.0 | 29.9 | 1 | 1.0 | 1 | 1 | 1 |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||
| Cash & Cash Equivalents | 113.8 | 170.3 | 667.7 | 776.0 | 1,154.7 | 915.6 | 2,480.8 | 322.6 | 101.8 | 15.4 | 0.0 |
| Short-Term Investments | 17.7 | 33.2 | 105.5 | 595.7 | 1,162.9 | 488.2 | 2,034.1 | 0 | 0 | 0 | 0.6 |
| Net Receivables | 52.8 | 44.9 | 68.5 | 86.6 | 67.1 | 63.3 | 107.0 | 21.4 | 5.8 | 1.5 | 0 |
| Inventory | 96.4 | 77.3 | 83.2 | 204.5 | 369.5 | 274.8 | 262.1 | 101.6 | 46.0 | 22.2 | 0 |
| Other Current Assets | 8.4 | 35.7 | 138.2 | 31.3 | 55.7 | 15.8 | 38.5 | 0.8 | 22.3 | 5.3 | 0.0 |
| Total Current Assets | 294.6 | 371.2 | 1,077.3 | 1,727.6 | 2,838.2 | 1,801.6 | 5,070.1 | 481.8 | 177.7 | 44.8 | 0.6 |
| Non-Current Assets | |||||||||||
| Property, Plant & Equipment | 293.5 | 320.1 | 471.3 | 942.8 | 1,074.5 | 1,071.3 | 1,096.3 | 303.7 | 96.3 | 45.0 | 0 |
| Goodwill | 46.0 | 43.2 | 85.6 | 1,866.5 | 1,889.4 | 1,373.1 | 1,544.1 | 314.9 | 241.4 | 20.9 | 0 |
| Intangible Assets | 87.2 | 104.1 | 160.8 | 252.7 | 308.2 | 334.7 | 519.6 | 101.5 | 162.3 | 31.9 | 0 |
| Long-Term Investments | 35.3 | 136.2 | 568.3 | 341.7 | 610.7 | 221.4 | 475.8 | 226.6 | 24.0 | 0.2 | 0 |
| Other Non-Current Assets | 161.1 | 325.5 | 76.6 | 473.9 | 102.5 | 13.1 | (20.6) | (32.2) | (52.0) | (1.8) | 0 |
| Total Non-Current Assets | 623.1 | 929.1 | 1,362.4 | 3,877.6 | 3,985.3 | 3,016.4 | 3,661.7 | 955.0 | 499.9 | 98.5 | 0 |
| Total Assets | 917.7 | 1,300.3 | 2,439.7 | 5,605.3 | 6,823.5 | 4,818.0 | 8,731.8 | 1,436.8 | 677.6 | 143.4 | 0.6 |
| Current Liabilities | |||||||||||
| Account Payables | 26.1 | 28.7 | 31.8 | 64.3 | 67.3 | 86.7 | 188.9 | 46.2 | 5.7 | 5.9 | 0 |
| Short-Term Debt | 4.3 | 103.9 | 556.9 | 9.3 | 9.8 | 39.9 | 103.7 | 1.6 | 1.7 | 0.6 | 0 |
| Deferred Revenue | 0 | 5.8 | 0 | 0 | 0 | 0 | 37.6 | 0.9 | 0.6 | 0.5 | 0 |
| Other Current Liabilities | 31.7 | 53.8 | 175.0 | 76.7 | 106.4 | 145.5 | 98.5 | 0 | 0 | 0 | 0.0 |
| Total Current Liabilities | 94.4 | 234.7 | 803.8 | 213.2 | 284.3 | 295.5 | 411.7 | 92.0 | 17.7 | 7.2 | 0.0 |
| Non-Current Liabilities | |||||||||||
| Long-Term Debt | 299.8 | 493.3 | 750.0 | 1,491.7 | 1,573.1 | 315.5 | 842.3 | 6.9 | 8.6 | 3.5 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0.4 | 16.0 | 0 | 33.1 | 96.0 | 33.5 | 35.8 | 7.4 | 0 |
| Other Non-Current Liabilities | 8.5 | 16.2 | 47.1 | 162.8 | 1,250.0 | 451.8 | 239.1 | 61.1 | 36.6 | 1.5 | 0 |
| Total Non-Current Liabilities | 336.1 | 565.1 | 875.8 | 1,771.7 | 2,917.3 | 884.7 | 1,078.7 | 101.6 | 45.2 | 12.4 | 0 |
| Total Liabilities | 430.5 | 799.8 | 1,679.7 | 1,984.8 | 3,201.7 | 1,180.2 | 1,490.4 | 193.6 | 62.9 | 19.6 | 0.0 |
| Stockholders' Equity | |||||||||||
| Common Stock | 8,796.4 | 8,244.3 | 7,938.6 | 7,482.8 | 7,168.6 | 4,477.8 | 6,026.6 | 1,076.8 | 621.5 | 131.1 | 0 |
| Retained Earnings | (10,928.1) | (10,330.0) | (9,672.8) | (6,378.2) | (6,068.2) | (3,037.4) | (777.1) | (91.6) | (30.4) | (13.8) | (0.0) |
| Accumulated Other Comprehensive Income | 0.5 | (16.1) | (13.9) | (42.3) | (34.2) | 155.2 | 1,702.1 | 173.6 | 23.6 | 5.8 | 0 |
| Total Stockholders' Equity | 487.2 | 500.4 | 758.4 | 3,583.6 | 3,481.8 | 3,433.0 | 6,951.6 | 1,158.8 | 614.8 | 123.8 | 0.6 |
| Total Liabilities & Equity | 917.7 | 1,300.3 | 2,439.7 | 5,605.3 | 6,823.5 | 4,818.0 | 8,731.8 | 1,436.8 | 677.6 | 143.4 | 0.6 |
| Debt Metrics | |||||||||||
| Total Debt | 348.4 | 668.0 | 1,413.7 | 1,640.2 | 1,719.2 | 439.7 | 946.0 | 8.4 | 10.3 | 4.0 | 0 |
| Net Debt | 234.6 | 497.7 | 746.0 | 864.1 | 564.5 | (475.9) | (1,534.9) | (314.1) | (91.5) | (11.4) | (0.0) |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (604.1) | (483.7) | (3,080.4) | (258.9) | (1,670.8) | (1,387.4) | (670.1) | (54.1) | (7.6) | (3.5) |
| Depreciation & Amortization | 43.1 | 53.2 | 80.0 | 110.9 | 127.1 | 125.0 | 46.9 | 20.5 | 6.1 | 2.3 |
| Stock-Based Compensation | (4.2) | 14.2 | 25.3 | 46.7 | 91.1 | 320.3 | 278.2 | 51.2 | 10.0 | 3.7 |
| Change in Working Capital | (32.0) | 4.0 | 59.0 | 205.0 | 27.7 | (51.1) | (230.5) | (28.5) | (16.3) | 22.7 |
| Other Non-Cash Items | 424.3 | 118.1 | 2,364.3 | (640.6) | 972.2 | 342.2 | 78.3 | (72.1) | (16.6) | (37.7) |
| Operating Cash Flow | (165.8) | (281.9) | (557.5) | (545.8) | (465.7) | (772.6) | (535.0) | (81.5) | (27.1) | (12.4) |
| Investing Activities | ||||||||||
| Capital Expenditure | (11.3) | (4.0) | (10.5) | (48.1) | (174.1) | (721.9) | (718.8) | (178.1) | (29.5) | (10.7) |
| Acquisitions | (7.0) | (1.0) | 14.9 | 103.2 | 7 | (504.0) | (388.0) | (29.9) | 11.2 | 1.1 |
| Purchases of Investments | (95.3) | (0.3) | (67.2) | (379.4) | (554.4) | (524.8) | (2,121.1) | (0.1) | (0.3) | (0.2) |
| Sales/Maturities of Investments | 16.4 | 78.5 | 502.6 | 546.0 | 0 | 1,427.5 | 0 | (2.1) | (0.1) | 0 |
| Other Investing Activities | 48.9 | 167.8 | (7.9) | (2.3) | (172.2) | (41.4) | (74.4) | (13.3) | 0.2 | (2.4) |
| Investing Cash Flow | (47.8) | 241.6 | 433.4 | 230.8 | (884.1) | (347.7) | (3,228.0) | (223.6) | (18.6) | (12.3) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (220.8) | (509.8) | 17.0 | (50.8) | 877.5 | (100.2) | 595.3 | (1.5) | 2.8 | (1.9) |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (16.0) | (36.3) | (37.7) | 2.5 | 387.2 | 43.0 | 28.9 | 1.8 | (1.0) | 6.4 |
| Financing Cash Flow | 148.7 | (465.1) | (19.7) | (45.5) | 1,264.8 | (57.2) | 5,851.7 | 525.8 | 132.1 | 18.7 |
| Cash Position | ||||||||||
| Net Change in Cash | (56.5) | (506.7) | (99.0) | (378.6) | (148.5) | (1,177.7) | 2,158.3 | 220.8 | 86.4 | (6.0) |
| Cash at Beginning | 170.3 | 677.0 | 776.0 | 1,154.7 | 1,303.2 | 2,480.8 | 322.6 | 101.8 | 15.4 | 21.4 |
| Cash at End | 113.8 | 170.3 | 677.0 | 776.0 | 1,154.7 | 1,303.2 | 2,480.8 | 322.6 | 101.8 | 15.4 |
| Free Cash Flow | (177.0) | (285.9) | (568.0) | (593.9) | (639.9) | (1,494.5) | (1,253.8) | (259.6) | (56.6) | (23.2) |
| Key Metrics | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||
| Revenue | 269.0 | 297.1 | 333.3 | 475.7 | 546.6 | 398.8 | 226.3 | 77.9 | 39.9 | 12.7 | 1.1 | 0 | 0.0 | 0 | 0.0 | 0.0 |
| Gross Profit | 79.5 | 80.9 | (63.5) | (187.4) | 67.0 | (31.7) | 88.9 | 74.2 | 37.6 | 19.0 | 0.4 | 0 | 0.0 | 0 | 0.0 | 0.0 |
| Operating Income | (117.1) | (228.7) | (2,630.5) | (1,018.8) | (1,243.5) | (1,669.0) | (553.6) | (78.9) | (15.2) | (2.7) | (7.7) | (0.9) | (0.1) | (0.0) | (0.0) | (0.0) |
| Net Income | (598.1) | (657.3) | (3,278.2) | (310.0) | (1,744.9) | (1,321.3) | (670.1) | (54.1) | (16.6) | (3.5) | (8.9) | (0.9) | (0.1) | (0.0) | (0.0) | (0.0) |
| EPS (Diluted) | -5.53 | -8.79 | -70.70 | -7.70 | -4.45 | -3.90 | -1.99 | -0.31 | -0.14 | -0.05 | -0.30 | -0.93 | -0.06 | -0.02 | -0.02 | -0.03 |
| Balance Sheet | ||||||||||||||||
| Cash & Equivalents | 113.8 | 170.3 | 667.7 | 776.0 | 1,154.7 | 915.6 | 2,480.8 | 322.6 | 101.8 | 15.4 | 0.0 | |||||
| Total Assets | 917.7 | 1,300.3 | 2,439.7 | 5,605.3 | 6,823.5 | 4,818.0 | 8,731.8 | 1,436.8 | 677.6 | 143.4 | 0.6 | |||||
| Total Debt | 348.4 | 668.0 | 1,413.7 | 1,640.2 | 1,719.2 | 439.7 | 946.0 | 8.4 | 10.3 | 4.0 | 0 | |||||
| Stockholders' Equity | 487.2 | 500.4 | 758.4 | 3,583.6 | 3,481.8 | 3,433.0 | 6,951.6 | 1,158.8 | 614.8 | 123.8 | 0.6 | |||||
| Cash Flow | ||||||||||||||||
| Operating Cash Flow | (165.8) | (281.9) | (557.5) | (545.8) | (465.7) | (772.6) | (535.0) | (81.5) | (27.1) | (12.4) | ||||||
| Capital Expenditure | (11.3) | (4.0) | (10.5) | (48.1) | (174.1) | (721.9) | (718.8) | (178.1) | (29.5) | (10.7) | ||||||
| Free Cash Flow | (177.0) | (285.9) | (568.0) | (593.9) | (639.9) | (1,494.5) | (1,253.8) | (259.6) | (56.6) | (23.2) | ||||||