| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | — | — | — | — | — | — | — | — | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2026 | ‡‡‡‡‡ |
|
| 2025 | ‡‡‡‡‡ |
|
| 2024 | ‡‡‡‡‡ |
|
| 2023 | ‡‡‡ |
|
| 2022 | ‡‡‡ |
|
| 2021 | ‡‡‡ |
|
| 2020 | ‡‡‡ |
|
| 2017 | ‡‡‡ |
|
| 2024 | 2025 | 2026 | Q'26 | |
|---|---|---|---|---|
| Cash | 135.85 | 133.59 | 119.21 | 107.71 |
| Receivables | 33.66 | 30.52 | 32.27 | 29.68 |
| Inventory | 138.16 | 171.84 | 126.72 | 135.46 |
| Other | 1.60 | 0.16 | 1.44 | 2.27 |
| 316.24 | 343.77 | 287.68 | 284.19 |
| 2024 | 2025 | 2026 | Q'26 | |
|---|---|---|---|---|
| Payables | 43.41 | 52.90 | 36.62 | 41.05 |
| ST’ Debt | 38.82 | 15.46 | — | — |
| Other | 4.16 | 1.21 | 1.72 | 1.80 |
| 92.38 | 79.68 | 48.44 | 53.04 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| Earnings | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Sep | Dec | Mar | Jun | Year | |
|---|---|---|---|---|---|
| ’26 | — | — | — | 48.79 |
—
|
| ’26 | 65.60 | 67.56 | 28.01 | 70.87 |
232.05
|
| ’25 | 59.46 | 62.99 | 63.31 | 60.97 |
246.72
|
| ’24 | 47.27 | 47.31 | 49.92 | — |
200.36
|
| ’23 | 37.75 | 45.48 | 53.04 | 55.87 |
175.41
|
| ’22 | 47.75 | 48.08 | 39.82 | 39.23 |
174.88
|
| ’21 | 50.91 | 51.98 | 43.57 | 44.99 |
191.44
|
| Jun | Sep | Dec | Mar | Year | |
|---|---|---|---|---|---|
| ’26 | (3.21) | — | — | — |
—
|
| ’26 | 7.32 | (29.30) | 12.45 | (0.25) |
(9.78)
|
| ’25 | 6.12 | (18.23) | 20.91 | 2.70 |
11.50
|
| ’24 | — | (23.03) | (3.41) | (15.99) |
(50.78)
|
| ’23 | (8.36) | (23.86) | (43.82) | — |
(87.08)
|
| ’22 | (86.78) | (18.01) | (17.09) | (30.59) |
(86.78)
|
| ’21 | (164.38) | (81.47) | (51.16) | (49.02) |
(164.38)
|
| Jun | Sep | Dec | Mar | Year | |
|---|---|---|---|---|---|
| ’26 | (7.12) | — | — | — |
—
|
| ’26 | 3.68 | (33.37) | 8.67 | (4.28) |
(25.30)
|
| ’25 | 3.28 | (21.48) | 17.85 | (0.24) |
(0.59)
|
| ’24 | — | (26.00) | 1.12 | (19.60) |
(54.25)
|
| ’23 | (9.77) | (23.84) | (35.21) | — |
(87.08)
|
| ’22 | (96.71) | (15.59) | (26.22) | (22.76) |
(96.71)
|
| ’21 | (190.79) | (92.72) | (58.20) | (59.21) |
(190.79)
|
| Sep | Dec | Mar | Jun | Year | |
|---|---|---|---|---|---|
| ’26 | — | — | — | (0.05) |
—
|
| ’26 | (0.66) | 0.02 | (0.72) | (0.20) |
(1.55)
|
| ’25 | (0.16) | 0.41 | (0.24) | 0.10 |
0.03
|
| ’24 | (0.10) | (0.40) | (0.30) | — |
(1.13)
|
| ’23 | (1.30) | (1.50) | 1.00 | (0.60) |
(0.62)
|
| ’22 | (0.50) | (3.00) | (37.30) | (2.03) |
(6.31)
|
| ’21 | (6.90) | (13.40) | (6.70) | (0.55) |
(3.31)
|
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 8.21 | 4.10 | 2.84 | 3.42 | 2.56 | — | — | — |
Low Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 60.50 | 12.05 | 9.35 | 6.91 | 4.49 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,338 | — | 1,073 | 1,130 | 1,028 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.13 | 0.00 | 0.19 | 0.22 | 0.23 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 174.88 | 175.41 | 200.36 | 246.72 | 232.05 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 9.59% | (27.59%) | 48.64% | 54.65% | 42.62% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1,359.07) | (222.12) | (44.18) | 14.65 | (40.91) | — | — | — |
EBT
|
| ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (777.14%) | (126.63%) | (22.05%) | 5.94% | (17.63%) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1,357.37) | (199.50) | (43.77) | 11.33 | (42.43) | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 74.00 | 24.57 | 27.34 | 18.94 | 13.03 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 8.14 | 0.54 | 4.64 | 4.50 | 4.09 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (6.31) | (0.62) | (1.13) | 0.03 | (1.55) | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (4.04) | (0.27) | (1.17) | 0.21 | (0.17) | ‡‡‡‡‡ | — | — |
Cash Flow/Sh
|
| ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.46) | 0.00 | (0.08) | (0.22) | (0.27) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (4.50) | (0.27) | (1.26) | (0.01) | (0.45) | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 24.35 | 1.13 | 10.32 | 7.98 | 6.53 | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 21.49 | 322.74 | 43.22 | 54.83 | 56.71 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | 0.00 | 0.00 | 0.00 | 39.91 | 0.00 | ‡‡‡‡‡ | ‡‡‡‡ | — |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 16.22 | 0.98 | 0.93 | 0.98 | 0.80 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.42 | 0.50 | 0.42 | 0.55 | 0.50 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 15.20 | 0.71 | 0.62 | 0.72 | 0.53 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡ |
EV/Sales
|
| ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (16.48) | (0.82) | (2.30) | (302.77) | (4.89) | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (86.78) | (87.08) | (50.78) | 11.50 | (9.78) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (9.93) | (9.12) | (3.47) | (12.09) | (15.52) | ‡‡‡‡‡ | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (96.71) | (87.08) | (54.25) | (0.59) | (25.30) | ‡‡‡‡‡ | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 473.98 | 178.95 | 223.86 | 264.10 | 239.23 | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 208.07 | 171.43 | 74.08 | 71.30 | 13.12 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (179.17) | (54.89) | (61.77) | (62.30) | (106.08) | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 523.33 | 365.41 | 446.17 | 437.39 | 370.46 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (93.92%) | (25.69%) | (7.38%) | 0.26% | (16.82%) | — | — | — |
ROA
|
| ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (33.21%) | 0.00% | (5.60%) | 0.59% | (7.98%) | — | — | — |
ROIC
|
| ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (128.39%) | (44.89%) | (11.98%) | 0.37% | (21.82%) | — | — | — |
ROE
|
Aurora Cannabis Inc. (ACB) embodies the cannabis industry’s boom-and-bust saga, surging post-Canada’s 2018 legalization before crashing amid overexpansion and losses, much like the dot-com era. Recent restructuring has yielded bright spots: revenue stabilizing around CAD 200 million with 7% CAGR projected to 2028, gross margins leaping to 49% in 2024 and 55% in 2025 via cost cuts and a medical cannabis pivot, and debt slashed 85% to leave the firm cash-rich. Employee efficiency has doubled revenue per head, signaling leaner operations in a commoditized market.
Yet profitability remains fragile, with net income swinging from CAD 11 million profits in 2025 forecasts to losses by 2026, razor-thin EBT margins at 6%, and high EV/FCF ratios flagging overvaluation risks. Cash flows have turned positive, but capex for EU expansion persists, while stock prices—down 98% from peaks—hover near lows with analyst targets implying 75% mean upside amid normalized valuations.
ACB’s disciplined turnaround tempts tactical buys, bolstered by regulatory tailwinds like Germany’s legalization, but U.S. rescheduling delays, competition, and EPS volatility demand caution. Fundamentals now tightly correlate with price, hinting at re-rating potential for patient investors if sustained profits materialize—echoing survivors who thrived post-hype.
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