Blum Holdings Inc
Blum Holdings, Inc., through its subsidiaries, engages in the retail and distribution of cannabis products in the United States. It operates through two segments, Cannabis Retail and Cannabis Distribution. The company offers cannabis products, including flower, edibles, and concentrates under the Korova brand. It also operates retail stores under the Cookies Sacramento brand; and medical marijuan… Read more
Blum Holdings Inc (BLMH) - Net Assets
Latest net assets as of September 2025: $-7.27 Million USD
Based on the latest financial reports, Blum Holdings Inc (BLMH) has net assets worth $-7.27 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($45.08 Million) and total liabilities ($52.35 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-7.27 Million |
| % of Total Assets | -16.12% |
| Annual Growth Rate | N/A |
| 5-Year Change | -108.02% |
| 10-Year Change | N/A |
| Growth Volatility | 112.4 |
Blum Holdings Inc - Net Assets Trend (2019–2024)
This chart illustrates how Blum Holdings Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Blum Holdings Inc (2019–2024)
The table below shows the annual net assets of Blum Holdings Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $-4.74 Million | +89.62% |
| 2023-09-30 | $-45.70 Million | -25.07% |
| 2022-09-30 | $-36.54 Million | -124.94% |
| 2021-09-30 | $146.49 Million | +147.74% |
| 2020-09-30 | $59.13 Million | -21.50% |
| 2019-09-30 | $75.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Blum Holdings Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 23139500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $416.34 Million | % |
| Total Equity | $-4.74 Million | 100.00% |
Blum Holdings Inc Competitors by Market Cap
The table below lists competitors of Blum Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fidelix Co. Ltd
KQ:032580
|
$8.98 Million |
|
Parkson Retail Group Limited
F:P5IB
|
$8.98 Million |
|
Quetta Acquisition Corporation Common Stock
NASDAQ:QETA
|
$8.98 Million |
|
WhiteSmoke Software Ltd
TA:WSMK
|
$8.98 Million |
|
BP Plastics Holding Bhd
KLSE:5100
|
$8.97 Million |
|
WASHINGTON POST -B-
BE:WPOB
|
$8.96 Million |
|
Leaf Mobile Inc
OTCQB:EAGRF
|
$8.96 Million |
|
Bridgeline Digital Inc
NASDAQ:BLIN
|
$8.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Blum Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -45,696,000 to -4,744,000, a change of 40,952,000.
- Net income of 33,098,000 contributed positively to equity growth.
- Other factors increased equity by 7,854,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $33.10 Million | +697.68% |
| Other Changes | $7.85 Million | +165.56% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Blum Holdings Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-09-30 | $59.44 | $0.76 | x |
| 2020-09-30 | $0.28 | $0.76 | x |
| 2021-09-30 | $0.29 | $0.76 | x |
| 2022-09-30 | $-0.05 | $0.76 | x |
| 2023-09-30 | $-5.37 | $0.76 | x |
| 2024-09-30 | $-0.35 | $0.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Blum Holdings Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 254.80%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-23.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -66.91% | -284.64% | 0.14x | 1.70x | $-53.95 Million |
| 2020 | -55.09% | -488.83% | 0.06x | 1.83x | $-35.58 Million |
| 2021 | -21.92% | -74.24% | 0.15x | 1.91x | $-45.53 Million |
| 2022 | 0.00% | -363.22% | 1.28x | 0.00x | $-185.28 Million |
| 2023 | 0.00% | -182.18% | 0.24x | 0.00x | $-9.56 Million |
| 2024 | 0.00% | 254.80% | 0.52x | 0.00x | $33.57 Million |
Industry Comparison
This section compares Blum Holdings Inc's net assets metrics with peer companies in the Pharmaceutical Retailers industry.
Industry Context
- Industry: Pharmaceutical Retailers
- Average net assets among peers: $266,302,733
- Average return on equity (ROE) among peers: -7.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Blum Holdings Inc (BLMH) | $-7.27 Million | -66.91% | N/A | $8.97 Million |
| Alibaba Health Information Technology Limited (ALBBY) | $1.12 Billion | -18.54% | 0.50x | $12.50 Billion |
| Allstar Health Brands Inc (ALST) | $-9.92 Million | 0.00% | 0.00x | $3.83 |
| Bimi International Medical Inc (BIMI) | $-409.66K | 0.00% | 0.00x | $296.83 |
| China Jo-Jo Drugstores Inc (CJJD) | $26.66 Million | -21.17% | 1.52x | $5.94 Million |
| Clicks Group Ltd (CLCGY) | $1.13 Billion | 41.98% | 2.72x | $4.80 Billion |
| China BCT Pharmacy Group Inc (CNBI) | $134.27 Million | 15.68% | 0.82x | $0.96 |
| Dalrada Financial Corp (DFCO) | $4.40 Million | -81.82% | 0.55x | $1.57 Million |
| Health Advance Inc (HADV) | $-105.34K | 0.00% | 0.00x | $25.40K |
| Healthwarehouse.Com (HEWA) | $-3.10 Million | 0.00% | 0.00x | $720.96 |