image
Healthcare - Drug Manufacturers - Specialty & Generic - NASDAQ - CA
$ 1.17
-10.7 %
$ 15.6 M
Market Cap
-1.3
P/E
1. INTRINSIC VALUE

Flora Growth Corp., together with its subsidiaries, engages in the growth, cultivation, and development of medicinal cannabis and medicinal cannabis derivative products to pharmacies, medical clinics, and cosmetic companies worldwide. It cultivates, processes, and supplies medicinal-grade cannabis oil, and cannabis derived medical and wellness products; offers skincare and beauty products; develops plant-based and medical-grade pharmaceuticals, phytotherapeutics, and dietary supplements; and designs and markets loungewear made from hemp-derived fabric and materials. The company also manufactures, distributes, and retails cannabidiol (CBD) derived products, such as gummies, topicals, tinctures, and vape products; lifestyle wellness products, including edibles, bath and body, pets, sports recovery, etc.; provides cannabis consumption accessories, personal storage, and travel accessories for vape and dry herb categories; and offers juices, exotic fruits coated with chocolate, and chocolate bars, as well as dried fruits, beans, and pulp from Amazonian fruits in supermarkets, discount retailers, coffee shops, restaurants, and airports.[ Read More ]

The intrinsic value of one FLGC stock under the base case scenario is HIDDEN Compared to the current market price of 1.17 USD, Flora Growth Corp. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart FLGC

image
FINANCIALS
76.1 M REVENUE
104.65%
-50.4 M OPERATING INCOME
-1529.12%
-47.4 M NET INCOME
10.02%
-8.4 M OPERATING CASH FLOW
47.31%
-234 K INVESTING CASH FLOW
98.52%
3.15 M FINANCING CASH FLOW
-28.62%
12.5 M REVENUE
-20.52%
-3.8 M OPERATING INCOME
-32.64%
-3.83 M NET INCOME
-45.51%
-2.08 M OPERATING CASH FLOW
-685.28%
236 K INVESTING CASH FLOW
329.09%
-257 K FINANCING CASH FLOW
-11.79%
Balance Sheet Decomposition Flora Growth Corp.
image
Current Assets 21.4 M
Cash & Short-Term Investments 4.35 M
Receivables 7.1 M
Other Current Assets 9.91 M
Non-Current Assets 2.26 M
Long-Term Investments 0
PP&E 1.24 M
Other Non-Current Assets 1.03 M
Current Liabilities 16.3 M
Accounts Payable 5.11 M
Short-Term Debt 3.53 M
Other Current Liabilities 7.64 M
Non-Current Liabilities 942 K
Long-Term Debt 942 K
Other Non-Current Liabilities 0
EFFICIENCY
Earnings Waterfall Flora Growth Corp.
image
Revenue 76.1 M
Cost Of Revenue 58.3 M
Gross Profit 17.7 M
Operating Expenses 10.6 M
Operating Income -50.4 M
Other Expenses -3 M
Net Income -47.4 M
RATIOS
23.32% GROSS MARGIN
23.32%
-66.19% OPERATING MARGIN
-66.19%
-74.98% NET MARGIN
-74.98%
-890.63% ROE
-890.63%
-241.41% ROA
-241.41%
-532.70% ROIC
-532.70%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Flora Growth Corp.
image
Net Income -47.4 M
Depreciation & Amortization 2.48 M
Capital Expenditures -163 K
Stock-Based Compensation 1.59 M
Change in Working Capital -661 K
Others 34.4 M
Free Cash Flow -8.56 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Flora Growth Corp.
image
Wall Street analysts predict an average 1-year price target for FLGC of $7 , with forecasts ranging from a low of $7 to a high of $7 .
FLGC Lowest Price Target Wall Street Target
7 USD 498.29%
FLGC Average Price Target Wall Street Target
7 USD 498.29%
FLGC Highest Price Target Wall Street Target
7 USD 498.29%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Flora Growth Corp.
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
30.8 K USD 2
0-3 MONTHS
0 USD 0
3-6 MONTHS
1 M USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 months ago
Sep 13, 2024
Bought 6.46 K USD
Starke Clifford
CEO
+ 6795
0.95 USD
2 months ago
Sep 06, 2024
Bought 14.7 K USD
Wolkin Harold
Director
+ 15000
0.979 USD
2 months ago
Sep 06, 2024
Bought 4.76 K USD
Wolkin Harold
Director
+ 5000
0.952 USD
2 months ago
Sep 06, 2024
Bought 4.81 K USD
Wolkin Harold
Director
+ 5000
0.962 USD
2 months ago
Sep 05, 2024
Bought 48.4 USD
Starke Clifford
CEO
+ 51
0.95 USD
7 months ago
Apr 08, 2024
Bought 1 M USD
Starke Clifford
CEO
+ 526315
1.9 USD
7. News
Flora Growth Corp. Reports Third Quarter 2024 Financial Results Fort Lauderdale, Florida--(Newsfile Corp. - November 13, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") reported today its financial and operating results for the three and nine months ended September 30, 2024. "As the cannabis industry continues to grow, we at Flora are encouraged by the election of President-Elect Donald Trump and the potential for continued progress in cannabis reform," said Clifford Starke, Chief Executive Officer. newsfilecorp.com - 3 days ago
Flora Growth Corp. Congratulates President-Elect Donald Trump, Calls for Immediate Action on Cannabis Reform Fort Lauderdale, Florida--(Newsfile Corp. - November 6, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") extends its congratulations to President-Elect Donald Trump on his successful election to the U.S. Presidency. Flora commends the President-Elect for his statements in support of cannabis reform and urges his administration to prioritize these critical reforms around rescheduling and SAFE banking that will create economic growth, address inequities, and open pathways for significant advancements in the space. newsfilecorp.com - 1 week ago
Flora Growth Corp. Reaffirms Medical Cannabis Supply Agreement with Curaleaf Fort Lauderdale, Florida--(Newsfile Corp. - November 4, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") today reaffirms its medical cannabis supply agreement with Curaleaf Holdings, Inc. subsidiary Northern Green Canada, Inc. This morning, Curaleaf also confirmed on X (Formerly known as Twitter) that “Curaleaf has entered into an agreement to supply cannabis products to Flora Growth for distribution through Flora in Germany. The terms of the agreement are disclosed in a Form 8-k filed on November 1, 2024 by Flora Growth Co. [https://www.sec.gov/Archives/edgar/data/1790169/000106299324018209/form8k.htm]. newsfilecorp.com - 1 week ago
Flora Growth Corp. Supports Germany's Cannabis Model City Initiative, Pioneering Controlled THC Retail in Frankfurt and Hannover Fort Lauderdale, Florida--(Newsfile Corp. - October 31, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") today announced its strong support for Germany's historic cannabis model city projects in Frankfurt and Hannover. These initiatives, marking Germany's first controlled cannabis retail efforts, will allow the cities to gather valuable insights on consumption behaviors, public health, and strategies to combat the illegal cannabis market, moving the country's cannabis policy from theory to practice. newsfilecorp.com - 2 weeks ago
Flora Growth Corp. Targeting $4 Billion Market, Launching Parallel Import Business in Germany Fort Lauderdale, Florida--(Newsfile Corp. - October 30, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is proud to announce the launch of its parallel import business ("PI Business") in Germany and the European Union ("EU"). This strategic expansion underscores Flora's broadening footprint in key international markets. newsfilecorp.com - 2 weeks ago
Flora Growth Corp. Announces Distribution Partnership with Sunshine State for Its THC-Infused Beverages, Targeting $2 Billion Market Fort Lauderdale, Florida--(Newsfile Corp. - October 30, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is thrilled to announce a distribution partnership with Sunshine State Distributing ("Sunshine"). This agreement will see Sunshine, a leading distributor in the Southeastern United States, manage the distribution of Flora's hemp-infused beverages, starting with Melo and Cola. newsfilecorp.com - 2 weeks ago
Flora Growth Corp. to Target $450 Million German Cannabis Market with Curaleaf Holdings, Inc. Supply Agreement Fort Lauderdale, Florida--(Newsfile Corp. - October 30, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is pleased to announce a new supply agreement with Curaleaf Holdings, Inc. ("Curaleaf"). The agreement will facilitate the importation of high-quality medical cannabis products into Germany, one of the fastest-growing markets in Europe following the legalization of cannabis on April 1, 2024. newsfilecorp.com - 2 weeks ago
Flora Growth Corp. Commends U.S. Vice President Kamala Harris for Prioritizing Cannabis Reform, Applauds Growing Bi-Partisan Support for U.S. Recreational Market Valued at $33 Billion Fort Lauderdale, Florida--(Newsfile Corp. - October 29, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") commends U.S. Vice President Kamala Harris for including cannabis reform among her top 14 national priorities as she approaches the 2024 election. This significant move by Harris, together with Republican nominee Donald Trump's support of marijuana legalization initiatives in Florida and advocacy for cannabis banking reform, underscores a bi-partisan commitment to cannabis reform as a crucial national priority. newsfilecorp.com - 2 weeks ago
Flora Growth Corp. Expands Beverage Portfolio with THC-Infused Cola Targeting $220 Million Beverage Market Fort Lauderdale, Florida--(Newsfile Corp. - October 28, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is thrilled to announce the launch of its THC-infused Cola, marking the Company's next product offering in the rapidly expanding beverages market. This innovative product follows the introduction of Melo, Flora's first beverage, and continues the Company's strategic expansion into the thriving beverage sector. newsfilecorp.com - 2 weeks ago
Flora Growth Corp. Launches THC-Infused Melo to Capture Booming $220 Million Beverage Market Fort Lauderdale, Florida--(Newsfile Corp. - October 24, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is excited to announce the launch of its first THC-infused beverage, Melo. This marks Flora's highly anticipated debut into the rapidly growing beverage market, an industry experiencing significant momentum in the Unites States. newsfilecorp.com - 3 weeks ago
Flora Growth Corp. Provides Update on Hoshi Investment in Portugal Facility Received GACP License, First Commercial Harvest Expected in 2025 Fort Lauderdale, Florida--(Newsfile Corp. - October 23, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is pleased to announce important progress on its strategic investment in Hoshi International Inc. ("Hoshi") in Portugal. This update highlights the ongoing developments since Hoshi secured a new financial partner in 2023, which has accelerated the advancement of its operations. newsfilecorp.com - 3 weeks ago
Flora Growth Corp. Completes Build-Out of Specialized Beverage Facility, Marking Entry into the $220 Million Beverage Market New Facility Employs Proven Technology from Peak to Deliver Product Quality and Competitive Edge in the Rapidly Expanding THC-Infused Beverage Sector Fort Lauderdale, Florida--(Newsfile Corp. - October 22, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") today announced the completion of its specialized beverage facility and receipt of requisite permitting, on time and on budget. This milestone facilitates Flora's entry into the beverage market. newsfilecorp.com - 3 weeks ago
8. Profile Summary

Flora Growth Corp. FLGC

image
COUNTRY CA
INDUSTRY Drug Manufacturers - Specialty & Generic
MARKET CAP $ 15.6 M
Dividend Yield 0.00%
Description Flora Growth Corp., together with its subsidiaries, engages in the growth, cultivation, and development of medicinal cannabis and medicinal cannabis derivative products to pharmacies, medical clinics, and cosmetic companies worldwide. It cultivates, processes, and supplies medicinal-grade cannabis oil, and cannabis derived medical and wellness products; offers skincare and beauty products; develops plant-based and medical-grade pharmaceuticals, phytotherapeutics, and dietary supplements; and designs and markets loungewear made from hemp-derived fabric and materials. The company also manufactures, distributes, and retails cannabidiol (CBD) derived products, such as gummies, topicals, tinctures, and vape products; lifestyle wellness products, including edibles, bath and body, pets, sports recovery, etc.; provides cannabis consumption accessories, personal storage, and travel accessories for vape and dry herb categories; and offers juices, exotic fruits coated with chocolate, and chocolate bars, as well as dried fruits, beans, and pulp from Amazonian fruits in supermarkets, discount retailers, coffee shops, restaurants, and airports. In addition, it engages in the manufacturing, promotion, and distribution of beverage products; manufacture and sale of product formulations for pain relief; and development of pharmaceutical cannabinoid formula for the prevention of Sars-Cov-2. The company sells its products under the JustCBD, Vessel, Mind Naturals, Mambe, Stardog, Tonino Lamborghini, and Kalaya brands. Flora Growth Corp. was incorporated in 2019 and is headquartered in Toronto, Canada.
Contact 365 Bay Street, Toronto, ON, M5H 2V1 https://www.floragrowth.com
IPO Date May 11, 2021
Employees 97
Officers Mr. Clifford A. Starke Chief Executive Officer & Chairman Dr. Manfred Ziegler Managing Director Mr. Aaron Atin Corporate Secretary Mr. Dany Vaiman Chief Financial Officer