Private company

HEXO Corp.

HEXO Corp. is a Canadian medicinal chemicals and botanical products company based in Gatineau.²

Last updated Oct 21, 2026.

Overview

191.1MRevenue, fiscal 2022³

-1.1BNet income, fiscal 2022³

IndustryMedicinal Chemicals & Botanical Products²
HeadquartersGatineau, Canada²
Incorporated inQuebec, Canada⁴
Business address120 Chemin De La Rive, Gatineau, A8 J8M 1V2⁴
Filer category, Emerging growth company⁴
Legal formbusiness corporation²
LEI529900NCXLID5EDY2E78²
StatusActive²
LEI statusLapsed (not renewed)²
Registered address120 Chemin de la rive, J8M 1V2 Gatineau, Canada²

See how the biggest companies compare on our leaderboards

Financials

From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in CAD, the currency the company reports in.

Key numbers, fiscal 2022

-39.6%Gross margin³

-558.7%Operating margin³

-561.8%Net margin³

54.4%Revenue growth, 2022³

-342.2%Return on equity³

-144.3M CADFree cash flow³

Where the money goes

Where each dollar of revenue went, fiscal 2022

Selling, general and adminOther costsIncome tax

Research and development2¢3.2M CAD
Selling, general and admin44¢84.9M CAD
Other costs23¢44.1M CAD
Interest11¢20.1M CAD
Income tax20¢38.8M CAD

Out of 191.1M CAD in revenue.³ The company lost money this year.

Financial statements

Revenue⁵⁶⁷³191.1M CAD in 2022+3773% since 2018

Gross profit⁵⁶⁷³-75.7M CAD in 2022

Operating income⁵⁶⁷³-1.1B CAD in 2022+5843% since 2018

Net income⁵⁶⁷³-1.1B CAD in 2022+4498% since 2018

Fiscal year	2018	2019	2020	2021	2022
Revenue	4.9M CAD⁵	47.5M CAD⁶	80.8M CAD⁷	123.8M CAD³	191.1M CAD³
Gross profit	6.4M CAD⁵	24.5M CAD⁶	-58.0M CAD⁷	48.8M CAD³	-75.7M CAD³
Research and development					3.2M CAD³
Selling, general and admin					84.9M CAD³
Operating income	-18.0M CAD⁵	-87.0M CAD⁶	-476.6M CAD⁷	-85.5M CAD³	-1.1B CAD³
Interest					20.1M CAD³
Income before tax					-1.1B CAD³
Income tax					-38.8M CAD³
Net income	-23.4M CAD⁵	-69.6M CAD⁶	-546.5M CAD⁷	-114.8M CAD³	-1.1B CAD³
Earnings per share				-1 CAD/shares³	-3 CAD/shares³
Earnings per share (diluted)				-1 CAD/shares³	-3 CAD/shares³
Shares (weighted, basic)					388.6M shares³

Total assets⁵⁶⁷³680.9M CAD in 2022+103% since 2018

Total liabilities⁵⁶⁷³367.3M CAD in 2022+2929% since 2018

Shareholders’ equity⁵⁶⁷³313.7M CAD in 2022+867% since 2017

Cash⁵⁶⁷³83.2M CAD in 2022+116% since 2017

Fiscal year	2017	2018	2019	2020	2021	2022
Cash	38.5M CAD⁵	99.0M CAD⁶	113.6M CAD⁷	184.2M CAD³	67.5M CAD³	83.2M CAD³
Inventory						66.4M CAD³
Current assets						271.6M CAD³
Property, plant and equipment						285.9M CAD³
Goodwill						0 CAD³
Intangible assets						94.3M CAD³
Total assets		335.0M CAD⁵	878.6M CAD⁶	692.9M CAD⁷	1.3B CAD³	680.9M CAD³
Accounts payable						72.6M CAD³
Current liabilities						335.1M CAD³
Total liabilities		12.1M CAD⁵	89.9M CAD⁶	136.2M CAD⁷	579.5M CAD³	367.3M CAD³
Retained earnings						-1.8B CAD³
Shareholders’ equity	32.4M CAD⁵	322.9M CAD⁶	788.7M CAD⁷	556.7M CAD³	732.3M CAD³	313.7M CAD³
Shares outstanding			257.0M shares⁵	482.5M shares⁶	152.6M shares⁷	601.0M shares³

Cash from operations⁵⁶⁷³-116.7M CAD in 2022+426% since 2018

Capital spending⁵⁶⁷³27.6M CAD in 2022−40% since 2018

Free cash flow⁵⁶⁷³-144.3M CAD in 2022+112% since 2018

Fiscal year	2018	2019	2020	2021	2022
Cash from operations	-22.2M CAD⁵	-124.7M CAD⁶	-94.6M CAD⁷	-43.1M CAD³	-116.7M CAD³
Capital spending	45.7M CAD⁵	138.0M CAD⁶	109.0M CAD⁷	30.0M CAD³	27.6M CAD³
Free cash flow	-67.9M CAD	-262.7M CAD	-203.6M CAD	-73.1M CAD	-144.3M CAD
Cash from investing					-16.3M CAD³
Cash from financing					148.8M CAD³

Compare HEXO Corp. with another company

Corporate structure

HEXO Corp. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of HEXO Corp.

Hudson Bay Capital Management LP Filed SC 13G/A on HEXO Corp., latest Feb 8, 2023 (2 filings since Feb 8, 2022)
Tilray Filed SC 13D on HEXO Corp., latest Jul 22, 2022
ETF MANAGERS GROUP, LLC Filed SC 13G/A on HEXO Corp., latest Nov 16, 2021 (2 filings since Nov 12, 2021)

HEXO Corp. Gatineau, Quebec, Canada

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What HEXO Corp. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

Item	Latest	A year before	Change
Property and equipment, net	285.9M CAD³ Jul 31, 2022	393.9M CAD³ Jul 31, 2021	−27.4%

Investments

Item	Latest	A year before	Change
Cash and cash equivalents	83.2M CAD³ Jul 31, 2022	67.5M CAD³ Jul 31, 2021	+23.4%

Intangibles and goodwill

Item	Latest	A year before	Change
Goodwill	0 CAD³ Jul 31, 2022	88.2M CAD³ Jul 31, 2021	−100.0%
Intangible assets, net (excluding goodwill)	94.3M CAD³ Jul 31, 2022	50.6M CAD³ Jul 31, 2021	+86.4%

Inventory

Item	Latest	A year before	Change
Inventory, total	66.4M CAD³ Jul 31, 2022	135.3M CAD³ Jul 31, 2021	−50.9%

Former names

Hydropothecary CorpNov 29, 2016 to Nov 29, 2016⁴

Filings

103 filings to the SEC since October 2021: 2 annual reports, 5 large holders, 96 other. The latest 20:

The 103 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Hudson Bay Capital Management LPSC 13G/A, 2 filings Feb 8, 2022 to Feb 8, 2023⁸
TilraySC 13D, 1 filing Jul 22, 2022⁹
ETF MANAGERS GROUP, LLCSC 13G/A, 2 filings Nov 12, 2021 to Nov 16, 2021¹⁰

SEC filer profile

How HEXO Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

Name on EDGARHEXO Corp.¹
CIK0001690947
Filer status<br>emerging growth company¹
Incorporated inQuebec, Canada¹
Fiscal year endsJuly 31¹
Industry code (SIC)2833 Medicinal Chemicals & Botanical Products¹
Business address120 Chemin De La Rive, Gatineau, A8 J8M 1V2¹
Phone1-844-406-1852¹
Shares outstanding600,988,447 as of Jul 31, 2022³
On EDGAR sinceNov 29, 2016¹
Filings327 in all: 6-K (253), SUPPL (15), SC 13G/A (13), 6-K/A (8), 40-F/A (5), 40-F (4), CERT (4), 8-A12B (3)¹
All 21 form types
F-10 (3), F-10POS (3), F-X (3), 25 (2), F-10/A (2), SC 13G (2), 15-12G (1), 25-NSE (1), D (1), D/A (1), FWP (1), POS AM (1), SC 13D (1)
Latest filingsAnnual report (40-F) Nov 1, 2022

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARHEXO Corp. filings on SEC EDGAR
2
GLEIFHEXO Corp. LEI record (529900NCXLID5EDY2E78)
3
SEC EDGARHEXO Corp. 10-K for fiscal 2022
4
SEC EDGARHEXO Corp. filings on SEC EDGAR
5
SEC EDGARHEXO Corp. 10-K for fiscal 2018
6
SEC EDGARHEXO Corp. 10-K for fiscal 2019
7
SEC EDGARHEXO Corp. 10-K for fiscal 2020
8
SEC EDGARHudson Bay Capital Management LP SC 13G/A on HEXO Corp.
9
SEC EDGARTilray SC 13D on HEXO Corp.
10
SEC EDGARETF MANAGERS GROUP, LLC SC 13G/A on HEXO Corp.