1606 (CBDW) Cost of Revenue (2021 - 2024)
1606 (CBDW) posted quarterly Cost of Revenue of $7313.0 for Q1 2024, up 496.98% YoY from $1225.0 in Q2 2023, and up 293.16% sequentially from -$3786.0 in Q4 2023.
1606 (CBDW) Cost of Revenue (2021 - 2024) Analysis & Trends
1606 has disclosed Cost of Revenue across 4 years of filings, most recently posting $7313.0 for Q1 2024.
- In Q1 2024, Cost of Revenue rose 496.98% year-over-year to $7313.0; the TTM figure through Dec 2024 stood at $7313.0 (up 634.97% YoY), while the FY2024 annual figure was $7313.0, up 634.97% from the prior year.
- Cost of Revenue improved to $7313.0 in Q1 2024, from -$3786.0 in the prior quarter.
- Over the last five years, Cost of Revenue for CBDW reached as high as $11853.0 in Q1 2021 and fell as low as -$3786.0 in Q4 2023.
- The 4-year median for Cost of Revenue is $2742.0 (2021), against an average of $3563.8.
- Annual changes were most pronounced in 2023 — Cost of Revenue plunged 153.73% — and 2024, when it jumped 496.98%.
- A 4-year view of Cost of Revenue shows it stood at $1327.0 in 2021, then jumped by 430.97% to $7046.0 in 2022, then sank by 153.73% to -$3786.0 in 2023, then soared by 293.16% to $7313.0 in 2024.
- According to Business Quant data, Cost of Revenue over the past three periods registered $7313.0, -$3786.0, and $3556.0 for Q1 2024, Q4 2023, and Q2 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Altria | 66.91 Bn | 63.43 Bn | 3.51 Bn | 1.25 Bn |
| 2 | RLX Technology | 2.38 Bn | 1.75 Bn | 73.10 Mn | 139.96 Mn |
| 3 | Turning Point Brands | 1.68 Bn | 1.51 Bn | 68.30 Mn | 55.98 Mn |
| 4 | Universal | 1.30 Bn | 1.29 Bn | 98.47 Mn | 616.77 Mn |
| 5 | Ispire Technology | 65.31 Mn | 47.02 Mn | 1.99 Mn | 1.09 Mn |
| 6 | Rythm | 54.80 Mn | 21.54 Mn | 10.40 Mn | 2.89 Mn |
| 7 | Greenlane Holdings | 9.60 Mn | -28.63 Mn | 217,000.00 | 231,000.00 |
| 8 | VPR Brands | 4.59 Mn | 1.87 Mn | 138,574.00 | 441,497.00 |
| 9 | Lftd Partners | 2.96 Mn | 873,406.64 | -1.71 Mn | 503,364.00 |
| 10 | 1606 | 0.00 | -9,041.00 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 7,313.00 |
| Mar 31, 2024 | 7,313.00 |
| Dec 31, 2023 | -3,786.00 |
| Dec 31, 2023 | -3,786.00 |
| Jun 30, 2023 | 3,556.00 |
| Jun 30, 2023 | 3,556.00 |
| Mar 31, 2023 | 1,225.00 |
| Mar 31, 2023 | 1,225.00 |
| Dec 31, 2022 | 7,046.00 |
| Dec 31, 2022 | 7,046.00 |
| Sep 30, 2022 | 2,480.00 |
| Sep 30, 2022 | 2,480.00 |
| Jun 30, 2022 | 1,472.00 |
| Jun 30, 2022 | 1,472.00 |
| Mar 31, 2022 | 1,764.00 |
| Mar 31, 2022 | 1,764.00 |
| Dec 31, 2021 | 1,327.00 |
| Dec 31, 2021 | 1,327.00 |
| Sep 30, 2021 | 3,004.00 |
| Sep 30, 2021 | 3,004.00 |