TPB Q3 2023 Earnings — Turning Point Brands, Inc. Revenue & Financial Results | Market Cap Arena

TPBTurning Point Brands, Inc.

$2B

Q3 2023 Earnings

Consumer Defensive Tobacco

Income Statement

Revenue

$101M-6.6% YoY

Gross Profit

$52M51.3% margin

Operating Income

$20M20.1% margin

Net Income

$11M10.8% margin

EPS (Diluted)

$0.58

QoQ Revenue Growth

-3.5%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$11M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$554M

Total Liabilities

$414M

Stockholders' Equity

$139M

Cash & Equivalents

$96M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$101M	$108M	-6.6%
Gross Profit	$52M	$53M	-2.1%
Operating Income	$20M	$20M	+2.1%
Net Income	$11M	$12M	-6.1%

Revenue Segments

Zig-Zag Products

$47M56%

Stoker's Products

$37M44%

Geographic Segments

UNITED STATES

$94M92%

Non-US

$8M8%