CANNOTCRetail-Drug Stores and Proprietary StoresFiscal year ends December 31
TREES Corp (Colorado)
Financials through Q3 FY2024, quarter ended Sep 30, 2024Last filing: 10-Q on Nov 8, 2024
$0.02−0.00 (-11.94%)
Close on Oct 19, 2026
- Market cap
- $1.81M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2009 to 2023
Gross margin
36.2%−40.7 pts over 5 years
Operating margin
-21.9%+586.6 pts over 5 years
Net margin
-39.0%+938.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2023
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +34.9% | +99.6% | +59.9% | – | |
| Gross profit | +35.0% | +94.6% | +37.5% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2014 | FY2018 | FY2023 | Trend |
|---|---|---|---|---|
| Return on equity | 420.2% | -421.3% | -216.1% | |
| Return on assets | -469.9% | -185.0% | -25.8% | |
| Current ratio | 0.06 | 1.45 | 0.32 | |
| Debt to equity | -0.30 | – | 101.96 | |
| Net debt to EBITDA | -0.36× | – | -4.56× | |
| Interest coverage | 10.4× | -32.7× | -2.3× | |
| Inventory turnover | 1.9× | – | 7.9× | |
| Capex to revenue | 238.6% | 13.9% | – | |
| Diluted shares | 13M | 35M | 117M |
Cash use needs five years of cash flow figures
TREES Corp (Colorado) does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-39.0%
×Asset turnover0.66×
×Equity multiplier8.38×
=Return on equity, FY2023-216.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2023 | -39.0% | 0.66× | 8.38× | -216.1% |
| FY2022 | -70.5% | 0.50× | 3.35× | -118.3% |
| FY2021 | -149.6% | 0.39× | 2.88× | -167.2% |
| FY2020 | -336.8% | 0.38× | -2.52× | 322.4% |
| FY2019 | -422.3% | 0.51× | -11.74× | 2553.2% |
| FY2018 | -977.0% | 0.19× | 2.28× | -421.3% |
| FY2017 | -233.4% | 0.67× | 3.16× | -495.9% |
| FY2016 | -340.9% | 0.91× | -16.42× | 5103.3% |
| FY2015 | -498.4% | 0.61× | -1.54× | 471.2% |
| FY2014 | -2885.1% | 0.16× | -0.89× | 420.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2023 against fiscal 2022
3of 9 tests passed in fiscal 2023. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$7.08M
- Cash generatingOperating cash flow above zero-$1.13M
- Return on assets improvedROA up on the prior year-43.0% → -22.3%
- Earnings backed by cashOperating cash flow above net income-$1.13M vs -$7.08M
- Less leverageLong-term debt to assets fell50.2% → 60.3%
- Better liquidityCurrent ratio rose0.81 → 0.32
- No dilutionShare count did not rise97M → 117M
- Gross margin improvedGross margin up on the prior year36.20% → 36.24%
- More efficientAsset turnover rose0.61 → 0.57