1606 (CBDW) Gross Profit (2021 - 2024)
1606 (CBDW) posted quarterly Gross Profit of -$118.0 for Q1 2024, down 114.55% YoY from $811.25 in Q2 2023, and down 103.08% sequentially from $3836.0 in Q4 2023.
1606 (CBDW) Gross Profit (2021 - 2024) Analysis & Trends
1606 has disclosed Gross Profit across 4 years of filings, most recently posting -$118.0 for Q1 2024.
- In Q1 2024, Gross Profit fell 114.55% year-over-year to -$118.0; the TTM figure through Dec 2024 stood at -$118.0 (down 119.44% YoY), while the FY2024 annual figure was -$118.0, down 119.41% from the prior year.
- Gross Profit retreated to -$118.0 in Q1 2024, from $3836.0 in the prior quarter.
- Over the last five years, Gross Profit for CBDW reached as high as $6332.0 in Q4 2021 and fell as low as -$6166.0 in Q4 2022.
- The 4-year median for Gross Profit is $1282.0 (2022), against an average of $1080.3.
- Annual changes were most pronounced in 2022 — Gross Profit soared 499.07% — and 2023, when it tumbled 211.75%.
- A 4-year view of Gross Profit shows it stood at $6332.0 in 2021, then slumped by 197.38% to -$6166.0 in 2022, then soared by 162.21% to $3836.0 in 2023, then slumped by 103.08% to -$118.0 in 2024.
- According to Business Quant data, Gross Profit over the past three periods registered -$118.0, $3836.0, and $78.0 for Q1 2024, Q4 2023, and Q3 2023 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Altria | 66.91 Bn | 63.43 Bn | 3.51 Bn |
| 2 | RLX Technology | 2.38 Bn | 1.75 Bn | 73.10 Mn |
| 3 | Turning Point Brands | 1.68 Bn | 1.51 Bn | 68.30 Mn |
| 4 | Universal | 1.30 Bn | 1.29 Bn | 98.47 Mn |
| 5 | Ispire Technology | 65.31 Mn | 47.02 Mn | 1.99 Mn |
| 6 | Rythm | 54.80 Mn | 21.54 Mn | 10.40 Mn |
| 7 | Greenlane Holdings | 9.60 Mn | -28.63 Mn | 217,000.00 |
| 8 | VPR Brands | 4.59 Mn | 1.87 Mn | 138,574.00 |
| 9 | Lftd Partners | 2.96 Mn | 873,406.64 | -1.71 Mn |
| 10 | 1606 | 0.00 | -9,041.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -118.00 |
| Mar 31, 2024 | -118.00 |
| Dec 31, 2023 | 3,836.00 |
| Dec 31, 2023 | 3,836.00 |
| Sep 30, 2023 | 78.00 |
| Sep 30, 2023 | 78.00 |
| Jun 30, 2023 | -3,252.00 |
| Jun 30, 2023 | -3,252.00 |
| Mar 31, 2023 | -55.00 |
| Mar 31, 2023 | -55.00 |
| Dec 31, 2022 | -6,166.00 |
| Dec 31, 2022 | -6,166.00 |
| Sep 30, 2022 | 1,282.00 |
| Sep 30, 2022 | 1,282.00 |
| Jun 30, 2022 | 2,910.00 |
| Jun 30, 2022 | 2,910.00 |
| Mar 31, 2022 | 3,156.00 |
| Mar 31, 2022 | 3,156.00 |
| Dec 31, 2021 | 6,332.00 |
| Dec 31, 2021 | 6,332.00 |