TPB Q1 2023 Earnings — Turning Point Brands, Inc. Revenue & Financial Results | Market Cap Arena

TPBTurning Point Brands, Inc.

$2B

Q1 2023 Earnings

Consumer Defensive Tobacco

Income Statement

Revenue

$100M-1.1% YoY

Gross Profit

$49M48.7% margin

Operating Income

$18M17.9% margin

Net Income

$8M7.6% margin

EPS (Diluted)

$0.41

QoQ Revenue Growth

-3.5%

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

$13M

Stock-Based Comp.

$743,000

Balance Sheet

Total Assets

$560M

Total Liabilities

$440M

Stockholders' Equity

$118M

Cash & Equivalents

$105M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$100M	$101M	-1.1%
Gross Profit	$49M	$52M	-6.1%
Operating Income	$18M	$19M	-7.2%
Net Income	$8M	$11M	-30.9%

Revenue Segments

Zig-Zag Products

$42M55%

Stoker's Products

$34M45%

Geographic Segments

UNITED STATES

$94M93%

Non-US

$7M7%