Cannabist Company Holdings Inc Reports Quarterly Earnings: Challenges Ahead
The Cannabist Company Holdings Inc. (OTCQX:CBSTF) is set to announce its quarterly earnings on March 13, 2025. Analysts expect an earnings per share (EPS) of -$0.04, indicating ongoing profitability challenges.
- Revenue projections stand at $110.38 million, yet investor caution is evident with a price-to-sales ratio of 0.33, suggesting the stock is valued at about one-third of its sales.
- The company’s debt-to-equity ratio of 19.26 points to significant financial risks, paired with a current ratio of 0.92, which raises concerns about short-term solvency.
The financial results underscore the challenges CBSTF faces, including a negative P/E ratio of -0.19 and an enterprise value to cash flow ratio of -33.75, indicating operational difficulties.
Investors should monitor these developments closely as the company seeks strategies to improve its financial stability and outlook in the competitive cannabis market.