Event-Driven Stocks

Acreage Holdings, Inc.

ACRDF, ACRHF

Consumer Discretionary · Retail-Miscellaneous Retail · A1 · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs2 good5 warning3 severedetails ↓

Financials

SEC XBRL · annual
 FY23FY22FY21FY20FY19FY18
Revenue$223.4M$237.1M$188.9M$114.5M$74.1M$21.1M
Operating income−$31.1M−$143.1M−$47.1M−$364.8M−$191.4M−$41.1M
Net income−$69.1M−$139.9M−$63.0M−$286.6M−$150.3M−$27.5M
Total assets$320.3M$360.6M$491.6M$562.1M$691.7M$554.6M
Total liabilities$359.3M$320.4M$287.3M$302.3M$196.9M$68.3M
Equity−$8.9M$61.4M$197.3M$241.0M$406.0M$355.4M
EPS (diluted)$-0.61$-1.28$-0.60$-2.92$-1.74
Shares out.115.2M111.6M106.9M99.1M90.6M79.2M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2023
Operating margin
−13.9%
Net margin
−30.9%
Return on equity
775.8%
Return on assets
−21.6%
Return on capital (ROCE)
−11.9%
Liabilities / assets
112.2%
Debt / equity
Book value / share
$-0.08
Revenue growth (YoY)
−5.8%
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 · FY2023
Altman Z″ (distress)
-7.79distress
Accruals / assets
16.9%clean
Piotroski F-Score
4/9mixed

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 Score
29
/ 100
Profitability 20Growth 0Catalyst 33Earnings quality 67Financial strength 25

Our 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. What these scores mean →

Signs

3 severe5 warning2 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

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.

Insider transactions

SEC Form 4 · most recent
2 acquisitions10 disposalsnet 2.6M shares · last 12
InsiderDateTypeSharesPrice
Himmelstein PhilipOfficer — Chief Finance OfficerDec 9, 2024J43,743$0.00
Sheahan Corey J.Officer — General CounselDec 9, 2024J497,917$0.16
Curran DennisOfficer — Chief Executive OfficerDec 9, 2024J3.2M$0.16
Van Faasen William CDirectorDec 9, 2024J269,507$0.00
Boehner John A.DirectorDec 9, 2024J580,901$0.16
Himmelstein PhilipOfficer — Chief Finance OfficerSep 25, 2024Sell5,000$0.20
Curran DennisOfficer — Chief Executive OfficerJun 18, 2024Grant1.0M$0.34
Himmelstein PhilipOfficer — Chief Finance OfficerSep 18, 2024Sell50,000$0.20
Curran DennisOfficer — Chief Executive OfficerJul 29, 2024Tax withholding306,028$0.40
Sheahan Corey J.Officer — General CounselJul 29, 2024Tax withholding261,458$0.40
Himmelstein PhilipOfficer — Chief Finance OfficerJul 29, 2024Tax withholding164,976$0.40
Curran DennisOfficer — Chief Executive OfficerJun 18, 2024Grant1.7M$0.34

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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