ORGANIGRAM GLOBAL INC. (OGI)
Organigram Global Inc., primarily operating through its subsidiary Organigram Holdings Inc., is a Canadian enterprise specializing in the cultivation, production, and distribution of cannabis and related products. The company serves the medical cannabis market by offering products such as cannabis flowers, oils, and vaporizing devices to both civilian patients and military veterans. For adult recreational consumers, Organigram provides a diverse range of cannabis products, including edibles and concentrates, under popular brands like Edison Cannabis Co., Trail Blazer, SHRED, SHRED'ems, Big Bag O' Buds, and Monjour. Additionally, the company acts as a wholesale supplier, distributing cannabis plant cuttings, dried flowers, proprietary blends, pre-rolled products, and various cannabis derivatives to retailers and other wholesalers within the adult-use recreational sector. Customers can purchase Organigram's offerings through its online platform or via telephone orders. Established in 2013, the company's corporate headquarters are located in Moncton, Canada.
Sector: Pharmaceutical Preparations
Industry: Drug Manufacturers - Specialty & Generic
Organigram Global Inc.
NASDAQ:OGIHealthcare · Drug Manufacturers - Specialty & Generic
-5.72%$0.8766
CLOSED · Nov 6Prev close$0.9298-5.72%Close$0.8766+1.43%AH close$0.8891
AH$0.8891+1.43%vs close
Mkt Cap$123.61M
Float96.23M
O/S141.01M
VOL1.13M sh
$ Vol$1.01M
RVOL2.21×
Inst Own5.4%
SI5.0%
EarningsDec 22 · in 6w
Dilution
Financials Summary
Revenue$132.3M
Net Income-$12.64M
Total Assets$399.69M
Free Cash Flow-$17.52M
Debt & Equity
Debt 2%
Equity 98%
Total Debt$6.22M
Total Equity$248.2M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:4Reverse splitJul 7, 20234 shares → 1
Balance Sheet Details
Assets$399.69M
Liabilities$151.48M
Accounts Receivable$46.11M
Accounts Payable$63.45M
Inventory$88.12M
PP&E (Net)$87.43M
Goodwill$37.34M
Intangible Assets$34.49M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-08-31 | 2021-08-31 | 2020-08-31 | 2019-08-31 | 2018-08-31 | 2017-08-31 | 2016-08-31 | 2015-08-31 | 2014-04-30 | 2013-04-30 | 2012-04-30 |
| Revenue | $132.3M | $113.63M | $106.07M | $103.66M | $56.28M | $61.7M | $57.17M | $8.84M | $3.83M | $4.36M | $701K | $0 | $0 | $0 |
| YoY Growth | 16.4% | 7.1% | 2.3% | 84.2% | -8.8% | 7.9% | 547.0% | 130.6% | -12.1% | 521.1% | - | - | - | - |
| Cost of Revenue | $127.44M | $79.85M | $81.14M | $81.22M | $76.47M | $101.86M | $22.71M | -$27.87M | $6.18M | $578K | -$242K | $195K | $0 | $0 |
| Gross Profit | $4.86M | $33.79M | $24.93M | $22.44M | -$20.19M | -$40.16M | $34.46M | -$19.03M | -$2.34M | $3.78M | $460K | -$196K | $0 | $0 |
| Gross Margin | 3.7% | 29.7% | 23.5% | 21.7% | -35.9% | -65.1% | 60.3% | -215.4% | -61.2% | 86.7% | 65.6% | - | - | - |
| Research and Development | $7.78M | $7.96M | $8.66M | $4.24M | $2.59M | $902K | $291K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $61.76M | $47.79M | $50.96M | $42.1M | $33.04M | $33.04M | $29.36M | $10.82M | $5.26M | $2.89M | $1.77M | $47K | $227K | $100K |
| Other | -$19.61M | $2.74M | $137.88M | $3.66M | -$4.04M | $29.35M | $472K | $0 | $291K | $0 | $0 | $0 | $40K | $0 |
| Total Operating Expenses | $49.93M | $58.49M | $197.5M | $49.99M | $31.59M | $63.29M | $30.12M | $10.82M | $5.55M | $2.89M | $1.77M | $47K | $267K | $100K |
| Operating Income (EBIT) | -$45.08M | -$24.71M | -$172.57M | -$27.55M | -$51.78M | -$103.45M | $3.9M | $25.89M | -$7.89M | $886K | -$824K | -$1.15M | -$267K | -$100K |
| Operating Margin | -34.1% | -21.7% | -162.7% | -26.6% | -92.0% | -167.6% | 6.8% | 293.0% | -206.0% | 20.3% | -117.5% | - | - | - |
| Interest Expense | $0 | $0 | $0 | $305K | $2.1M | $4.27M | $6.87M | $7.18M | $188K | $310K | $82K | $708 | $0 | -$100K |
| Interest Income | $587K | $0 | $2.42M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $708 | $0 | $0 |
| Other Income (Expense) | $25.41M | -$7.6M | $6.93M | $17.33M | -$41.14M | -$795K | -$8.08M | -$6.14M | $205K | -$284K | -$84K | $983K | $0 | $0 |
| Income Before Tax (EBT) | -$19.67M | -$32.3M | -$165.64M | -$10.22M | -$92.92M | -$104.24M | -$4.18M | $19.75M | -$7.69M | $602K | -$908K | -$170K | -$267K | $0 |
| Income Tax Expense | -$7.03M | $0 | -$2.5M | -$63K | $0 | -$7.44M | $2.58M | $4.02M | $0 | $0 | $2K | $0 | $0 | $100K |
| Net Income | -$12.64M | -$32.3M | -$163.14M | -$10.15M | -$92.92M | -$96.8M | -$6.78M | $14.58M | -$7.74M | $602K | -$908K | -$170K | -$267K | -$100K |
| Net Income Margin | -9.6% | -28.4% | -153.8% | -9.8% | -165.1% | -156.9% | -11.9% | 165.0% | -202.1% | 13.8% | -129.4% | - | - | - |
| Supplementary Data | ||||||||||||||
| EPS | -0.14 | -0.48 | -2.82 | -0.18 | -2.04 | -3.16 | -0.27 | 0.68 | -0.45 | 0.06 | -0.10 | -0.12 | -0.18 | -0.08 |
| Diluted EPS | -0.14 | -0.48 | -2.82 | -0.18 | -2.04 | -3.16 | -0.27 | 0.65 | -0.45 | 0.06 | -0.10 | -0.12 | -0.18 | -0.08 |
| Weighted Average OS | 127.67M | 95.29M | 81.29M | 77.23M | 64.03M | 48.63M | 35.23M | 30.14M | 24.30M | 14.67M | 13.10M | 2.07M | 2.07M | 1.75M |
| EBITDA | -$6.89M | -$16.12M | -$17.58M | $7.8M | -$68.75M | -$87.2M | $9.03M | $29.43M | -$6.39M | $1.47M | -$531K | -$1.2M | -$267K | -$100K |
| EBITDA Margin | -5.2% | -14.2% | -16.6% | 7.5% | -122.2% | -141.3% | 15.8% | 333.1% | -166.9% | 33.8% | -75.7% | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-08-31 | 2021-08-31 | 2020-08-31 | 2019-08-31 | 2018-08-31 | 2017-08-31 | 2016-08-31 | 2015-08-31 | 2014-04-30 | 2013-04-30 | 2012-04-30 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $20.05M | $75.89M | $24.07M | $48.71M | $39.36M | $17.49M | $33.81M | $39.15M | $1.39M | $7.01M | $1.05M | $97K | $112K | $228K |
| Short-Term Investments | $587K | $584K | $0 | $21.39M | $91.13M | $35.64M | $270K | $53.32M | $22.75M | $16.19M | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $20.64M | $76.47M | $24.07M | $70.1M | $130.49M | $53.13M | $34.08M | $92.47M | $24.14M | $23.2M | $1.05M | $97K | $112K | $228K |
| Accounts Receivable | $46.11M | $26.41M | $19.52M | $32.97M | $15.13M | $12.07M | $8.27M | $564K | $716K | $1.11M | $545K | $0 | $18K | $20K |
| Inventory | $88.12M | $58.67M | $57.55M | $48.54M | $34.71M | $51.01M | $80.9M | $46.09M | $3.84M | $4.48M | $1.62M | $108K | $0 | $0 |
| Other Current Assets | $39.38M | $18.38M | $1.92M | $0 | $0 | $0 | $4.14M | $864K | $2.55M | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $202.54M | $186.42M | $110.89M | $157.56M | $185.28M | $121M | $139.54M | $144.47M | $31.75M | $28.9M | $3.27M | $99K | $130K | $248K |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $87.43M | $68.41M | $70.41M | $184.71M | $167.73M | $175.9M | $155.72M | $70.12M | $32.24M | $9.39M | $6.81M | $1.76M | $109K | $0 |
| Goodwill | $37.34M | $0 | $0 | $29.84M | $10.18M | $0 | $0 | $0 | $1.65M | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $34.49M | $5.75M | $7.55M | $10.14M | $1.94M | $1.26M | $1.06M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $35.22M | $28.95M | $9.75M | $4.47M | $3.57M | $4.98M | $7.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $2.67M | $420K | $13.57M | $23.56M | $25.16M | $6.21M | $421K | $508K | $332K | $0 | $0 | $0 | $0 | $109K |
| Total Long-Term Assets | $197.15M | $103.54M | $101.29M | $252.72M | $208.59M | $188.34M | $165.11M | $70.63M | $34.22M | $9.39M | $6.81M | $1.76M | $109K | $109K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.76M | $0 | $0 |
| Total Assets | $399.69M | $289.96M | $212.18M | $410.28M | $393.86M | $309.34M | $304.65M | $215.1M | $65.98M | $38.3M | $10.08M | $99K | $239K | $356K |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $63.45M | $33.48M | $14.22M | $29.05M | $13.47M | $12.43M | $28.69M | $7.65M | $4.45M | $1.5M | $1.04M | $82K | $52K | $28K |
| Short-Term Debt | $18K | $43K | $54K | $57K | $57K | $8.24M | $2.49M | $299K | $277K | $235K | $202K | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $1.01M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | -$2.49M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $25.53M | $3.65M | $949K | $8.53M | $4.44M | $0 | $0 | $46K | -$468 | $0 | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $89.69M | $37.91M | $15.95M | $39.3M | $18.67M | $20.67M | $31.18M | $8M | $4.73M | $1.74M | $1.24M | $82K | $52K | $28K |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $0 | $18K | $56K | $110K | $164K | $73.7M | $32.75M | $70.2M | $2.22M | $5.09M | $3.25M | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$5.67M | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $2.57M | $0 | $0 | $7.44M | $5.67M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $56.29M | $32.12M | $548K | $5.54M | $30.62M | $164K | $794K | $0 | $363 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $61.79M | $34.51M | $3.13M | $9.79M | $34.09M | $75.73M | $40.99M | $75.87M | $2.22M | $5.09M | $3.25M | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $151.48M | $72.42M | $19.08M | $49.09M | $52.76M | $96.4M | $72.17M | $83.87M | $6.95M | $6.83M | $4.49M | $82K | $52K | $28K |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $653.98M | $606.34M | $552.32M | $547.21M | $519.54M | $299.06M | $226.16M | $112.18M | $70.88M | $36.23M | $11.91M | $438K | $438K | $0 |
| Retained Earnings | -$432.76M | -$415.15M | -$382.85M | -$206.11M | -$195.96M | -$103.04M | -$6.24M | $540K | -$14.04M | -$6.3M | -$6.9M | -$592K | -$422K | -$155K |
| Comprehensive Income & Other | $26.98M | $26.35M | $23.63M | $20.09M | $17.52M | $16.92M | $12.56M | $18.52M | $2.19M | $1.54M | $577K | $172K | $172K | $0 |
| Other Stockholders' Equity | $26.98M | $26.35M | $23.63M | $20.09M | $17.52M | $16.92M | $12.56M | $18.52M | $2.19M | $1.54M | $577K | $172K | $172K | $484K |
| Total Equity | $248.2M | $217.53M | $193.1M | $361.19M | $341.1M | $212.94M | $232.48M | $131.23M | $59.03M | $31.47M | $5.58M | $17K | $188K | $328K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $399.69M | $289.96M | $212.18M | $410.28M | $393.86M | $309.34M | $304.65M | $215.1M | $65.98M | $38.3M | $10.08M | $99K | $239K | $356K |
| Supplementary Data | ||||||||||||||
| Total Debt | $6.22M | $3.17M | $3.35M | $2.39M | $4.23M | $83.81M | $35.24M | $70.5M | $2.5M | $5.33M | $3.45M | $0 | $0 | $0 |
| Net Debt | -$13.83M | -$72.72M | -$20.72M | -$46.32M | -$35.13M | $66.32M | $1.44M | $31.35M | $1.11M | -$1.68M | $2.41M | -$97K | -$112K | -$228K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-08-31 | 2021-08-31 | 2020-08-31 | 2019-08-31 | 2018-08-31 | 2017-08-31 | 2016-08-31 | 2015-08-31 | 2014-04-30 | 2013-04-30 | 2012-04-30 |
| Operating Activities | ||||||||||||||
| Net Income | -$17.6M | -$32.3M | -$163.14M | -$10.15M | -$92.92M | -$96.8M | -$6.76M | $15.73M | -$7.69M | $602K | -$908K | -$170K | -$267K | -$100K |
| Depreciation & Amortization | $12.78M | $8.59M | $17.11M | $17.71M | $22.06M | $12.77M | $6.33M | $2.51M | $1.11M | $558K | $295K | $76K | $0 | $0 |
| Deferred Income Tax | -$9.79M | $0 | $0 | -$63K | $0 | -$7.44M | $2.58M | $4.02M | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $3M | $5.11M | $3.76M | $3.64M | $2.77M | $5.54M | $10.59M | $3.58M | $1.57M | $314K | $183K | $0 | $126K | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | -$10.87M | -$8.57M | $8.89M | -$26.77M | -$4.27M | $1.28M | -$9.34M | $240K | -$1.74M | -$565K | -$371K | $16K | $2K | -$20K |
| Inventory | $0 | $0 | $0 | -$8.69M | $13.47M | $32.45M | -$29.08M | -$34.61M | $392K | -$2.66M | -$1.02M | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $1.47M | -$19.9M | $7.51M | $2.83M | $477K | $464K | $264K | $37K | $17K | $8K |
| Other Working Capital | $9.36M | $19.21M | $0 | $19.19M | -$385K | $6.82M | -$9.63M | -$1.54M | -$1.08M | -$54K | -$6K | $0 | $0 | $0 |
| Total Working Capital Change | -$1.51M | $10.63M | $8.89M | -$16.26M | $10.28M | $20.64M | -$40.54M | -$33.08M | -$1.96M | -$2.82M | -$1.13M | $53K | $18K | -$12K |
| Other Non-Cash Items | $7.73M | $10.73M | $108.44M | -$20.61M | $37.48M | $33.21M | $2.85M | -$1.78M | $375K | $83K | -$408K | $48K | $0 | $0 |
| Net Cash from Operating | -$5.4M | $2.75M | -$24.94M | -$25.74M | -$20.32M | -$32.08M | -$24.94M | -$9.03M | -$6.59M | -$1.26M | -$1.97M | $7K | -$123K | -$111K |
| Investing Activities | ||||||||||||||
| Capital Expenditures | -$12.1M | -$3.36M | -$19.12M | -$34.66M | -$8.36M | -$54.9M | -$77.32M | -$40.12M | -$22.16M | -$3.14M | -$5.35M | -$21K | -$21K | -$7K |
| Acquisitions | -$46.65M | $0 | $0 | -$7.86M | -$1.81M | $0 | -$9.07M | $0 | $82K | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$716K | -$20.79M | $0 | -$10.66M | -$85.32M | -$35.55M | $0 | -$123.84M | -$25.59M | -$16.19M | $0 | $0 | $0 | $0 |
| Sales of Investments | $1.78M | $2.5M | $0 | $80.4M | $35.6M | $96K | $53.32M | $93.27M | $19.03M | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $60K | -$249K | $20.08M | $4.08M | -$21.94M | -$7.9M | -$185K | $1.02M | $601K | $27K | $0 | $0 | $28K | $0 |
| Net Cash from Investing | -$57.63M | -$21.9M | $960K | $31.3M | -$81.83M | -$98.25M | -$33.26M | -$69.67M | -$28.04M | -$19.3M | -$5.35M | -$21K | $7K | -$7K |
| Financing Activities | ||||||||||||||
| Debt Repaid | $1.32M | $559K | $62K | $720K | $82.75M | -$45.03M | -$32.83M | -$81.59M | $1.26M | -$1.87M | -$3.47M | - | - | - |
| Common Stock Issuance | $29.28M | $77.18M | $14K | $4.57M | $208.49M | $71.09M | $0 | $40.88M | $28.62M | $26.74M | $1M | $0 | $341 | $331K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1K |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | -$532K | -$60K | -$1.7M | -$2.11M | $20.01M | -$5.94M | $1.66M | -$2.08M | -$174K | $0 | $0 | -$106K |
| Net Cash from Financing | $27.96M | $76.62M | -$579K | $3.79M | $124.03M | $114.01M | $52.84M | $116.53M | $29.01M | $26.53M | $4.3M | $0 | $341 | $224K |
| Forex Effect | $223K | $0 | -$1.65M | $0 | $0 | $0 | $18K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$34.84M | $57.48M | -$26.21M | $9.35M | $21.87M | -$16.32M | -$5.34M | $37.75M | -$5.62M | $5.96M | -$3.02M | -$15K | -$116K | $105K |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | -$5.4M | $2.75M | -$24.94M | -$25.74M | -$20.32M | -$32.08M | -$24.94M | -$9.03M | -$6.59M | -$1.26M | -$1.97M | $7K | -$123K | -$111K |
| Capital Expenditure | -$12.12M | -$3.79M | -$19.12M | -$34.68M | -$8.74M | -$55.92M | -$78.41M | -$40.12M | -$22.16M | -$3.14M | -$5.35M | -$21K | -$21K | -$7K |
| Free Cash Flow | -$17.52M | -$1.04M | -$44.06M | -$60.42M | -$29.07M | -$88M | -$103.35M | -$49.15M | -$28.75M | -$4.4M | -$7.32M | -$15K | -$144K | -$119K |
| Cash at Beginning | $94.27M | $36.8M | $50.21M | $39.36M | $17.49M | $33.81M | $39.15M | $1.39M | $7.01M | $1.05M | $4.07M | $112K | $228K | $123K |
| Cash at End | $59.43M | $94.27M | $24.07M | $48.71M | $39.36M | $17.49M | $33.81M | $39.15M | $1.39M | $7.01M | $1.05M | $97K | $112K | $228K |