Acquires industrial and retail properties. Provides real estate capital to state-licensed cannabis operators. Now — the numbers.
This is an established company with proven profits.
Average growth of 16% a year over the last 4 years. Every year shown ended in profit.
If every debt were paid off today, $16.2M would still be left in the vault — a solid cushion for hard times.
The market pays 11.8× for every dollar of annual profit — cheap, which is either an opportunity or a warning.
Analysts' average target sits 12% above today's price.
The stock trades 52% below its peak. The market has trimmed its expectations for the company.
The net profit margin is 52% — still a thick cushion, though costs have been eating into it lately.
Over the last 4 years, sales grew about 16% a year on average.
There is $23.9M in the vault; even if every debt were paid off, $16.2M would remain.
Since the drop from its peak, buyer appetite hasn’t come back.
We don’t have a report card for this stock yet — the data isn’t mature enough to grade. No grade is information too: it means the evidence is thin.
One-line summary: few numbers, an untested story. Keep watching.
Not covered, because the filings we hold do not carry it: the revenue breakdown.