22nd Century (XXII) Amortization - Intangibles (2019 - 2022)
22nd Century (XXII) recorded Amortization - Intangibles of $161,000 in Q1 2022, up 7.3% from $150,000 a year earlier and up 11.8% from the prior quarter.
22nd Century (XXII) Amortization - Intangibles (2019 - 2022) Analysis & Trends
On a TTM basis, 22nd Century's Amortization - Intangibles came in at $626,000 as of Mar 31, 2022, down 1.6% year-over-year; for FY2021, it was $615,000, down 6.5% from FY2020.
- Annual Amortization - Intangibles has a three-year compound annual growth rate of -9.1% (FY2018 to FY2021).
- Across earlier years, Amortization - Intangibles came in at $658,000 in FY2020 (-21.3%), $836,000 in FY2019 (+2.0%) and $820,000 in FY2018.
- Quarterly Amortization - Intangibles has ranged from $134,000 in Q4 2020 to $233,000 in Q3 2019 over the past five years.
- On a year-over-year basis, Amortization - Intangibles has increased for three consecutive quarters, with an average decline of 9.8% over the last eight quarters.
- Peak year-over-year performance for Amortization - Intangibles in the last five years was growth of 7.5% in Q4 2021, against a decline of 30.0% in Q3 2020 at the low end.
- Per Business Quant, the preceding three quarters came in at $144,000 (Q4 2021), $168,000 (Q3 2021) and $153,000 (Q2 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 293.35 Bn | 274.91 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 122.95 Bn | 102.10 Bn | - |
| 3 | Altria | 111.79 Bn | 98.00 Bn | 3.82 Bn |
| 4 | Curaleaf Holdings | 2.72 Bn | 2.32 Bn | 169.91 Mn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn |
| 6 | Trulieve Cannabis | 2.09 Bn | 706.80 Mn | 162.29 Mn |
| 7 | Green Thumb Industries | 1.32 Bn | 166.97 Mn | 137.87 Mn |
| 8 | Cronos | 1.19 Bn | -2.04 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.11 Bn | 241.91 Mn | 93.70 Mn |
| 10 | 22nd Century | 177,854.85 | -27.42 Mn | -293,000.00 |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2022 | 161,000.00 |
| Dec 31, 2021 | 144,000.00 |
| Sep 30, 2021 | 168,000.00 |
| Jun 30, 2021 | 153,000.00 |
| Mar 31, 2021 | 150,000.00 |
| Dec 31, 2020 | 134,000.00 |
| Sep 30, 2020 | 163,000.00 |
| Jun 30, 2020 | 189,000.00 |
| Mar 31, 2020 | 172,000.00 |
| Dec 31, 2019 | 165,000.00 |
| Sep 30, 2019 | 233,000.00 |
| Jun 30, 2019 | 223,000.00 |
22nd Century Amortization - Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=amortization-intangibles&ticker=XXII&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "amortization-intangibles", "ticker": "XXII", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=amortization-intangibles&ticker=XXII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();