Flora Growth Corp

Company Profile

Flora Growth Corp had its IPO on 2021-05-11 under the ticker symbol FLGC.

The company operates in the Healthcare sector and Drug Manufacturers-Specialty & Generic industry. Flora Growth Corp has a staff strength of 337 employees.

Stock update

Shares of Flora Growth Corp opened at $3.54 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $3.4 - $3.74, and closed at $3.4.

This is a -7.1% slip from the previous day's closing price.

A total volume of 124,694 shares were traded at the close of the day’s session.

In the last one week, shares of Flora Growth Corp have slipped by -6.34%.

Flora Growth Corp's Key Ratios

Flora Growth Corp has a market cap of $31.93 million, indicating a price to book ratio of 0.3905 and a price to sales ratio of 0.7052.

In the last 12-months Flora Growth Corp’s revenue was $52.33 million with a gross profit of $2.43 million and an EBITDA of $-19370000. The EBITDA ratio measures Flora Growth Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Flora Growth Corp’s operating margin was -42.97% while its return on assets stood at -20.33% with a return of equity of -74.92%.

In Q1, Flora Growth Corp’s quarterly earnings growth was a positive 0% while revenue growth was a positive 306.5%.

Flora Growth Corp’s PE and PEG Ratio

Forward PE

72.4638

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.59 per share while it has a forward price to earnings multiple of 72.4638 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Flora Growth Corp’s profitability.

Flora Growth Corp stock is trading at a EV to sales ratio of 0.6142 and a EV to EBITDA ratio of -0.3785. Its price to sales ratio in the trailing 12-months stood at 0.7052.

Flora Growth Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$77.04 million

Total Liabilities

$15.50 million

Operating Cash Flow

$0

Capital Expenditure

$102000

Dividend Payout Ratio

0%

Flora Growth Corp ended 2024 with $77.04 million in total assets and $0 in total liabilities. Its intangible assets were valued at $77.04 million while shareholder equity stood at $54.05 million.

Flora Growth Corp ended 2024 with $0 in deferred long-term liabilities, $15.50 million in other current liabilities, in common stock, $-93976000.00 in retained earnings and $23.37 million in goodwill. Its cash balance stood at $5.26 million and cash and short-term investments were $5.26 million. The company’s total short-term debt was $2,327,000 while long-term debt stood at $0.

Flora Growth Corp’s total current assets stands at $27.88 million while long-term investments were $730000.00 and short-term investments were $0. Its net receivables were $10.43 million compared to accounts payable of $6.32 million and inventory worth $10.31 million.

In 2024, Flora Growth Corp's operating cash flow was $0 while its capital expenditure stood at $102000.

Comparatively, Flora Growth Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$3.4

52-Week High

$1.27

52-Week Low

$0.172

Analyst Target Price

$1

Flora Growth Corp stock is currently trading at $3.4 per share. It touched a 52-week high of $1.27 and a 52-week low of $1.27. Analysts tracking the stock have a 12-month average target price of $1.

Its 50-day moving average was $2.51 and 200-day moving average was $4.82 The short ratio stood at 0.26 indicating a short percent outstanding of 0%.

Around 1515.6% of the company’s stock are held by insiders while 1298.6% are held by institutions.