Active investing isn't easy, but for those that do it, the aim is to find the best companies to buy, and to profit handsomely. While not every stock performs well, when investors win, they can win big. For example, Harvest One Cannabis Inc. (CVE:HVT) has generated a beautiful 345% return in just a single year. Better yet, the 553% gain over the last thirty days has shareholders excited. On the other hand, longer term shareholders have had a tougher run, with the stock falling 58% in three years.

View our latest analysis for Harvest One Cannabis

Given that Harvest One Cannabis didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. When a company doesn't make profits, we'd generally expect to see good revenue growth. That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size.

Over the last twelve months, Harvest One Cannabis' revenue grew by 31%. That's a fairly respectable growth rate. But the market is even more excited about it, with the price apparently bound for the moon, up 345% in one of earth's orbits. While we are always careful about jumping on a hot stock too late, there's certainly good reason to keep an eye on Harvest One Cannabis.

The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers).

This free interactive report on Harvest One Cannabis' balance sheet strength is a great place to start, if you want to investigate the stock further.

A Different Perspective

We're pleased to report that Harvest One Cannabis rewarded shareholders with a total shareholder return of 345% over the last year. This recent result is much better than the 17% drop suffered by shareholders each year (on average) over the last three. It could well be that the business has turned around -- or else regained the confidence of investors. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Like risks, for instance. Every company has them, and we've spotted 4 warning signs for Harvest One Cannabis (of which 2 are significant!) you should know about.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on CA exchanges.

This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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