TPB Q2 2024 Earnings — Turning Point Brands, Inc. Revenue & Financial Results | Market Cap Arena

TPBTurning Point Brands, Inc.

$2B

Q2 2024 Earnings

Consumer Defensive Tobacco

Income Statement

Revenue

$93M-10.7% YoY

Gross Profit

$50M54.1% margin

Operating Income

$23M24.5% margin

Net Income

$13M14.0% margin

EPS (Diluted)

$0.68

QoQ Revenue Growth

+12.2%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

$11M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$592M

Total Liabilities

$418M

Stockholders' Equity

$173M

Cash & Equivalents

$142M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$93M	$104M	-10.7%
Gross Profit	$50M	$52M	-4.0%
Operating Income	$23M	$21M	+11.3%
Net Income	$13M	$10M	+31.1%

Revenue Segments

Zig-Zag Products

$50M54%

Stoker's Products

$43M46%

Geographic Segments

UNITED STATES

$100M92%

Non-US

$8M8%