TPB Q2 2023 Earnings — Turning Point Brands, Inc. Revenue & Financial Results | Market Cap Arena

TPBTurning Point Brands, Inc.

$2B

Q2 2023 Earnings

Consumer Defensive Tobacco

Income Statement

Revenue

$104M+1.4% YoY

Gross Profit

$52M50.3% margin

Operating Income

$21M19.7% margin

Net Income

$10M9.5% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

+4.7%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$12M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$560M

Total Liabilities

$430M

Stockholders' Equity

$128M

Cash & Equivalents

$101M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$104M	$103M	+1.4%
Gross Profit	$52M	$51M	+2.0%
Operating Income	$21M	$18M	+13.2%
Net Income	$10M	$5M	+83.0%

Revenue Segments

Zig-Zag Products

$47M56%

Stoker's Products

$36M44%

Geographic Segments

UNITED STATES

$98M93%

Non-US

$7M7%