TSNDF - TerrAscend Corp.
Price:
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--
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CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$2.93
DETAILS
HIGH:
$3.00
LOW:
$2.85
MEDIAN:
$2.92
CONSENSUS:
$2.93
UPSIDE:
350.77%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||
| Revenue | 260.6 | 441.0 | 317.3 | 247.8 | 194.2 | 198.3 | 84.9 | 6.8 | 0 | 0 | 0 | 0 |
| Cost of Revenue | 124.2 | 225.4 | 157.6 | 146.3 | 78.2 | 172.0 | 87.5 | 10.2 | 0.4 | 0 | 0.0 | 0.0 |
| Gross Profit | 136.3 | 215.7 | 159.7 | 101.5 | 116.0 | 26.3 | (2.7) | (3.3) | (0.4) | 0 | (0.0) | (0.0) |
| Operating Expenses | ||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0.4 | 0.7 | 0.1 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 86.2 | 111.6 | 110.0 | 111.5 | 73.7 | 58.7 | 61.7 | 24.7 | 6.3 | 0.9 | 0.7 | 0.4 |
| Other Expenses | 8.1 | 0 | 72.7 | 325.9 | 19.3 | 16.5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 94.3 | 111.6 | 182.7 | 437.4 | 93.1 | 75.6 | 62.4 | 24.8 | 6.3 | 0.9 | 0.7 | 0.4 |
| Operating Income | ||||||||||||
| Operating Income | 42.0 | (24.6) | (23.0) | (335.9) | 22.9 | (49.3) | (65.0) | (28.2) | (6.7) | (0.9) | (0.8) | (0.4) |
| Interest Expense | 50.7 | 0 | 35.1 | 39.1 | 25.0 | 7.0 | 4.1 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.6 | 0.0 | 0.0 | 0 | 0 |
| Profitability | ||||||||||||
| EBITDA | 62.9 | 49.7 | (1.0) | (246.5) | 48.1 | (101.5) | (150.0) | (23.7) | (6.6) | (0.9) | 0 | 0 |
| EBIT | 45.4 | 29.6 | (23.7) | (271.1) | 35.3 | (109.8) | (157.3) | (19.9) | (6.8) | (0.9) | (0.8) | (0.4) |
| Income Before Tax | 5.0 | (75.1) | (58.8) | (310.2) | 44.5 | (99.7) | (217.3) | (21.4) | (6.8) | (0.9) | (0.8) | (0.4) |
| Income Tax Expense | 29.5 | 20.4 | 23.5 | (10.8) | 28.9 | 27.9 | 1.6 | 0.7 | (0.0) | 0 | 0 | 0 |
| Net Income | (86.2) | (80.2) | (91.1) | (304.0) | 12.6 | (139.2) | (215.8) | (22.0) | (6.8) | (0.9) | (0.8) | (0.4) |
| Per Share Data | ||||||||||||
| EPS (Basic) | -0.29 | -0.28 | -0.33 | -1.67 | 0.07 | -0.83 | -2.17 | -0.21 | -0.18 | -0.03 | -0.13 | -0.13 |
| EPS (Diluted) | -0.29 | -0.28 | -0.33 | -1.67 | 0.06 | -0.83 | -2.17 | -0.21 | -0.18 | -0.03 | -0.13 | -0.13 |
| Shares Outstanding | 301.1 | 291.5 | 279.3 | 244.4 | 181.1 | 149.7 | 99.6 | 91.0 | 37.6 | 29.2 | 5.8 | 3 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 37.4 | 26.4 | 22.2 | 36.3 | 100.6 | 75.4 | 11.9 | 21.8 | 51.8 | 3.3 |
| Short-Term Investments | 0.5 | 0 | 1.9 | 3.6 | 0 | 0 | 0.5 | 7.7 | 0 | 0 |
| Net Receivables | 23.1 | 18.9 | 19.0 | 22.4 | 11.8 | 10.9 | 34.7 | 8.2 | 0.4 | 0.1 |
| Inventory | 34.1 | 48.8 | 51.7 | 46.3 | 36.1 | 20.6 | 25.9 | 11.3 | 1.4 | 0 |
| Other Current Assets | 15.1 | 10.4 | 8.0 | 61.3 | 19.0 | 10.1 | 13.0 | 0 | 0 | 0 |
| Total Current Assets | 110.1 | 104.4 | 102.9 | 165.3 | 172.5 | 122.0 | 90.7 | 43.2 | 53.7 | 3.5 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 156.6 | 225.4 | 239.7 | 332.3 | 178.9 | 165.2 | 112.7 | 25.4 | 15.0 | 0.4 |
| Goodwill | 109.8 | 106.9 | 106.9 | 90.3 | 90.3 | 72.8 | 95.8 | 0 | 0 | 0 |
| Intangible Assets | 167.3 | 169.6 | 215.9 | 239.7 | 168.4 | 110.7 | 0 | 1.9 | 0.3 | 0 |
| Long-Term Investments | 0 | 0 | 0.6 | 0 | 68.1 | 1.8 | 1.3 | 2.7 | 0 | 0 |
| Other Non-Current Assets | 13.6 | 0.9 | 1.2 | 123.0 | (101.3) | 58.5 | 145.4 | 0.5 | (0.0) | 0 |
| Total Non-Current Assets | 447.3 | 502.8 | 563.6 | 785.3 | 409.4 | 423.5 | 370.0 | 30.5 | 15.4 | 0.4 |
| Total Assets | 557.4 | 607.2 | 666.5 | 950.6 | 581.9 | 545.5 | 460.8 | 89.0 | 69.1 | 3.9 |
| Current Liabilities | ||||||||||
| Account Payables | 51.5 | 43.0 | 49.9 | 44.3 | 27.9 | 27.4 | 19.1 | 13.0 | 1.3 | 0.4 |
| Short-Term Debt | 15.7 | 6.8 | 137.7 | 48.3 | 8.3 | 5.7 | 64.7 | 12.6 | 0 | 0 |
| Deferred Revenue | 4.0 | 5.1 | 4.2 | 4.0 | 1.4 | 0.8 | 1.2 | 0.0 | 0 | 0.3 |
| Other Current Liabilities | (0.1) | 15.5 | 0.7 | 57.4 | 26.0 | 51.1 | 14.5 | (3.3) | 0 | 0.4 |
| Total Current Liabilities | 79.9 | 78.5 | 207 | 185.3 | 84.4 | 93.5 | 142.9 | 22.3 | 1.7 | 1.8 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 210.7 | 192.6 | 68.9 | 145.9 | 171.2 | 176.5 | 15.4 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 8.0 | 0 | 22.6 | 30.7 | 14.3 | 0 | 27.0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 131.1 | 116.8 | 81.4 | 113.8 | 140.8 | 146.8 | 185.2 | 0.6 | 0 | 0 |
| Total Non-Current Liabilities | 378.4 | 351.9 | 218.8 | 328.6 | 357.0 | 347.1 | 242.6 | 0.6 | 0 | 0 |
| Total Liabilities | 458.4 | 430.4 | 425.8 | 511.1 | 449.9 | 440.6 | 385.4 | 31.1 | 1.7 | 1.8 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0 | 0 | 0 | 0 | 0 | 321.3 | 259.9 | 47.6 | 50.3 | 4.0 |
| Retained Earnings | (864.7) | (778.5) | (928.5) | (837.7) | (314.7) | (406.8) | (246.0) | (22.5) | (8.8) | (2.0) |
| Accumulated Other Comprehensive Income | 2.0 | 3.0 | 2.4 | 2.8 | 2.8 | (14.8) | (2.0) | 0 | 25.8 | 0 |
| Total Stockholders' Equity | 97.5 | 176.8 | 319.8 | 432.0 | 223.6 | 1.2 | 66.7 | 56.5 | 67.4 | 2.1 |
| Total Liabilities & Equity | 557.4 | 607.2 | 666.5 | 950.6 | 735.1 | 603.9 | 460.8 | 89.0 | 69.1 | 3.9 |
| Debt Metrics | ||||||||||
| Total Debt | 256.5 | 246.2 | 255.7 | 234.8 | 211.4 | 207.1 | 104.0 | 12.6 | 0 | 0 |
| Net Debt | 219.1 | 36.3 | 233.5 | 298.2 | 173.6 | 147.8 | 92.1 | (9.2) | (51.8) | (3.3) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (24.5) | 0 | (82.3) | 16.8 | (21.8) | (127.6) | (215.8) | (22.0) | (6.8) | (0.9) |
| Depreciation & Amortization | 17.2 | 0 | 22.7 | 24.6 | 13.9 | 12.5 | 7.3 | 0.9 | 0.2 | 0 |
| Stock-Based Compensation | 5.0 | 0 | 7.7 | 12.2 | 14.9 | 10.5 | 0 | 3.9 | 3.0 | 0.0 |
| Change in Working Capital | 31.9 | (1.0) | 33.4 | 0.0 | (36.0) | (14.8) | (6.8) | (8.6) | (0.6) | 0.4 |
| Other Non-Cash Items | (7.6) | 38.9 | 45.9 | (33.8) | (0.9) | 60.5 | 177.8 | (0.0) | 0.0 | (0.0) |
| Operating Cash Flow | 22.1 | 38.0 | 27.5 | (33.3) | (38.5) | 33.0 | (47.9) | (25.1) | (4.2) | (0.4) |
| Investing Activities | ||||||||||
| Capital Expenditure | (8.8) | (9.4) | (9.4) | (54.5) | (50.4) | (61.1) | (45.1) | (12.8) | (14.4) | (0.0) |
| Acquisitions | (3.4) | 0 | (16.8) | 19.7 | (53.6) | (190.7) | (87.6) | 1.1 | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | (62.7) | 0 | (0.8) | (5.2) | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 3.2 | 0 | 0 | 0 |
| Other Investing Activities | (11.2) | 1.2 | 8.3 | 7.2 | 34.3 | 205.9 | 26.1 | (4.3) | 0 | 0 |
| Investing Cash Flow | (14.6) | (12.2) | (16.2) | (27.6) | (132.4) | (45.9) | (104.2) | (21.2) | (14.4) | (0.0) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 11.5 | (17.2) | (27.8) | 0.1 | (3.7) | 186.1 | 51.9 | 12.6 | 7.1 | 0 |
| Stock Repurchased | (0.6) | (0.2) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (6.7) | (7.3) | (5.6) | 3.6 | 12.5 | (157.7) | (37.7) | 0.0 | 1.8 | 1.1 |
| Financing Cash Flow | 4.2 | (24.7) | (12.5) | 3.7 | 182.2 | 133.4 | 136.9 | 16.2 | 67.0 | 3.7 |
| Cash Position | ||||||||||
| Net Change in Cash | 10.5 | 1.6 | (1.4) | (52.9) | 20.4 | 50.1 | (6.8) | (30.0) | 48.5 | 3.2 |
| Cash at Beginning | 27.0 | 25.3 | 26.8 | 79.6 | 75.4 | 11.7 | 21.8 | 51.8 | 3.3 | 0.1 |
| Cash at End | 37.5 | 27.0 | 25.3 | 26.8 | 101.5 | 75.4 | 11.9 | 21.8 | 51.8 | 3.3 |
| Free Cash Flow | 13.3 | 28.6 | 18.0 | (87.9) | (88.9) | (28.1) | (93.0) | (37.9) | (18.5) | (0.4) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||
| Revenue | 260.6 | 441.0 | 317.3 | 247.8 | 194.2 | 198.3 | 84.9 | 6.8 | 0 | 0 | 0 | 0 |
| Gross Profit | 136.3 | 215.7 | 159.7 | 101.5 | 116.0 | 26.3 | (2.7) | (3.3) | (0.4) | 0 | (0.0) | (0.0) |
| Operating Income | 42.0 | (24.6) | (23.0) | (335.9) | 22.9 | (49.3) | (65.0) | (28.2) | (6.7) | (0.9) | (0.8) | (0.4) |
| Net Income | (86.2) | (80.2) | (91.1) | (304.0) | 12.6 | (139.2) | (215.8) | (22.0) | (6.8) | (0.9) | (0.8) | (0.4) |
| EPS (Diluted) | -0.29 | -0.28 | -0.33 | -1.67 | 0.06 | -0.83 | -2.17 | -0.21 | -0.18 | -0.03 | -0.13 | -0.13 |
| Balance Sheet | ||||||||||||
| Cash & Equivalents | 37.4 | 26.4 | 22.2 | 36.3 | 100.6 | 75.4 | 11.9 | 21.8 | 51.8 | 3.3 | ||
| Total Assets | 557.4 | 607.2 | 666.5 | 950.6 | 581.9 | 545.5 | 460.8 | 89.0 | 69.1 | 3.9 | ||
| Total Debt | 256.5 | 246.2 | 255.7 | 234.8 | 211.4 | 207.1 | 104.0 | 12.6 | 0 | 0 | ||
| Stockholders' Equity | 97.5 | 176.8 | 319.8 | 432.0 | 223.6 | 1.2 | 66.7 | 56.5 | 67.4 | 2.1 | ||
| Cash Flow | ||||||||||||
| Operating Cash Flow | 22.1 | 38.0 | 27.5 | (33.3) | (38.5) | 33.0 | (47.9) | (25.1) | (4.2) | (0.4) | ||
| Capital Expenditure | (8.8) | (9.4) | (9.4) | (54.5) | (50.4) | (61.1) | (45.1) | (12.8) | (14.4) | (0.0) | ||
| Free Cash Flow | 13.3 | 28.6 | 18.0 | (87.9) | (88.9) | (28.1) | (93.0) | (37.9) | (18.5) | (0.4) | ||