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Companies/Lowell Farms Inc.
Company profile

Lowell Farms Inc.

OTC: LOWLF · Healthcare · Drug Manufacturers - Specialty & Generic
PublicHQ Salinas, CA · MontereyCIK 0001838128Reports USD
#507 of 1,394 Healthcare companies by revenuebottom-quartile growth
EA Score
——
FH —DQ 28GM —SS 34
v0.1 · 25/100 weight · pillars only
↑ growth stability, workforce scale · ↓ market scale, return on equity
Methodology →
Revenue TTM
$19.3M
Rev growth YoY (TTM)
-35.7%
Net income (FY)
-$37.3M
Employees
96
Market cap
$1.8k
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$28.3M$28.3M2023
Net income-$37.3M-$37.3M2023
Operating income-$17.6M-$17.6M2023
Total assets$37.6M$37.6M2023
Liabilities$26.1M$26.1M2023
Equity$11.5M$11.5M2023

Revenue trend

FY2021 – FY2023 · USD
$37.0M
FY21
$42.6M
FY21
$53.7M
FY21
$43.5M
FY22
$28.3M
FY23

Revenue by segment

No segmentation disclosed for this filer. n/a

The read

Lowell Farms Inc. booked $28.3M in FY2023 revenue, contracting 35% year over year — slower than 78% of Healthcare companies we track, at a -132.1% net margin.

Peers · Healthcare
The CannaBusiness Group, Inc.——Isracann Biosciences Inc.——Redwood Scientific Technologies, Inc.——UpHealth, Inc.——
Neighbors
Monterey →
ChampionsGate Acquisition Corporation Class A Ordinary Share——Pacific Valley Bancorp$33.1M49DInnovative Payment Solutions, Inc.$41018DChampionsGate Acquisition Corporation——Scheid Vineyards Inc.$52.5M39DCalifornia Orchard Co.——
Key facts
CEOMark Luciano Ainsworth
SectorHealthcare
IndustryDrug Manufacturers - Specialty & Generic
HeadquartersSalinas, CA
ExchangeOTC: LOWLF
Employees96
IPO date2019-05-01
Latest filings
8-K2024-12-208-K2024-11-1910-Q2024-11-148-K2024-11-148-K2024-11-07DEF 14A2024-10-158-K2024-10-0910-Q2024-08-13
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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