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SLANG Worldwide Inc.

SLANG Worldwide Inc.

SLNG.CN
SLANG Worldwide Inc.CA flagCanadian Securities Exchange
0.01
CAD
- -
- -
1.15MMarket Cap
SLANG Worldwide Inc.
SLNG.CN
(Canadian Securities Exchange)

Recent

price

0.01

P/E

ratio

- -

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
TTM
FRC
- -
0.14
0.76
0.47
0.44
0.38
0.19
0.13
Revenue per Share
- -
-0.74
-5.21
-0.26
-0.66
-0.3
-0.1
-0.14
Basic EPS, GAAP
- -
-0.1
-0.65
-0.29
-0.15
-0.05
-0.02
-0.02
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
-0.34
-0.2
-0.42
-0.52
-0.32
-0.35
Book Value per Share
- -
1.72
0.04
-0.09
0.12
0.02
-0.06
-0.11
Tangible Book Value per Share
- -
38
38
54
85
101
192
220
Basic Weighted Avg Shares
- -
5
29
25
38
38
36
30
Sales/Revenue/Turnover
- -
-281.3
-204.17
-88.82
-67.07
-38.98
-16.78
-35.82
Operating Margin (%)
- -
- -
21
6
8
6
3
3
Depreciation Expense
- -
-28
-200
-14
-56
-30
-19
-32
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
-540.7
-685.4
-55.24
-148.46
-79.26
-54.27
-106.96
Profit Margin (%)
1
57
5
1
25
10
-9
-24
Working Capital
- -
- -
2
4
13
20
8
4
LT Debt
1
66
41
67
38
12
-4
-22
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
-8,015.53
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
22
28
34
LT Borrowings
3
1
- -
LT Finance Leases
4
4
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
228
228
229
Market Capitalization
7
8
6

Working Capital

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
19
17
14
Cash, Cash Equivalents & STI
5
4
3
Accounts Receivable, Net
2
2
2
Inventories
7
6
5
Total Current Liabilities
28
34
38
Payables & Accruals
4
4
3
ST Debt
22
28
34
Deferred Revenue
2
2
2

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-43.81%
-135.1%
Free Cash Flow
- -
84.54%
-46.5%
Net Income, GAAP
- -
146.45%
-36.02%
Sales/Revenue/Turnover
- -
97.78%
-6.56%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
8
10
8
12
38
2023
11
8
9
7
36
2024
7
6
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-0.05
-0.03
-0.06
- -
-0.3
2023
-0.02
-0.02
-0.03
- -
-0.1
2024
-0.03
-0.05
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
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Business
SLANG Worldwide Inc. historically operated as a cannabis consumer packaged goods enterprise across Canada and the United States. The company developed and marketed a diverse portfolio of brands, offering a range of products including flower, various inhalable concentrates, and ingestibles to consumers. Its strategy involved owning, licensing, and marketing these brands through direct operations and strategic alliances. SLANG engaged in key partnerships, notably with Trulieve Cannabis Corp., to supply its branded cannabis products in markets such as Florida, Massachusetts, and Arizona. However, as of November 2024, the company announced a comprehensive wind-down plan with its secured lenders, anticipating receivership proceedings in Colorado for its assets there and bankruptcy proceedings in Canada. This decision was made due to the company's inability to repay its outstanding debts. SLANG Worldwide Inc. was originally incorporated in 2017 and maintained its headquarters in Toronto, Canada.