TILT Holdings Inc.
TLLTFConsumer Staples · Cigarettes · A1 · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY24 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|
| Revenue | $115.6M | $166.0M | $174.2M | $202.7M |
| Operating income | −$69.4M | −$43.2M | −$90.9M | −$39.8M |
| Net income | −$99.7M | −$62.4M | −$107.5M | −$35.1M |
| Total assets | $151.3M | $231.2M | $294.0M | $381.3M |
| Total liabilities | $188.5M | $168.8M | $172.5M | $155.7M |
| Equity | −$37.2M | $62.4M | $121.4M | $225.5M |
| EPS (diluted) | $-0.26 | $-0.16 | $-0.29 | $-0.09 |
| Shares out. | 341.0M | 333.8M | 377.5M | 374.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2024- Operating margin
- −60.1%
- Net margin
- −86.2%
- Return on equity
- 267.9%
- Return on assets
- −65.9%
- Return on capital (ROCE)
- −108.7%
- Liabilities / assets
- 124.6%
- Debt / equity
- —
- Book value / share
- $-0.11
- Revenue growth (YoY)
- −30.3%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2024- Altman Z″ (distress)
- -29.56distress
- Accruals / assets
- −65.7%clean
- Piotroski F-Score
- 2/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 5 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 31, 2025
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| Mar 31, 2026 | 487,768 | 145.1 | -2.0% |
| Mar 13, 2026 | 497,767 | 1.2 | +1.0% |
| Feb 27, 2026 | 492,847 | 1000.0 | 0.0% |
| Feb 13, 2026 | 492,847 | 1000.0 | 0.0% |
| Jan 30, 2026 | 492,847 | 1000.0 | 0.0% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Other material eventNov 20, 2025
- Other material eventNov 14, 2025
- Entered a material agreement · Bankruptcy or receivership · New financial obligation · Unregistered equity sale · Other material eventNov 7, 2025
- Entered a material agreement · Completed an acquisition or dispositionAug 22, 2025
- Results of operationsAug 14, 2025
- Entered a material agreement · Other material eventAug 5, 2025
- Shareholder vote · Other material eventJun 18, 2025
- Results of operationsMay 15, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.