TPBTurning Point Brands, Inc.

$2B

Q4 2017 Earnings

Consumer Defensive Tobacco

Income Statement

Revenue

$74M+36.7% YoY

Gross Profit

$32M43.9% margin

Operating Income

$11M14.6% margin

Net Income

$4M4.8% margin

EPS (Diluted)

$0.18

QoQ Revenue Growth

+0.3%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

$8M

Stock-Based Comp.

$222,000

Balance Sheet

Total Assets

$282M

Total Liabilities

$229M

Stockholders' Equity

$53M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$74M	$54M	+36.7%
Gross Profit	$32M	$26M	+23.1%
Operating Income	$11M	$10M	+7.2%
Net Income	$4M	$17M	-79.4%

Revenue Segments

Smoking Products

$29M39%

NewGen Products

$24M32%

Smokeless Products

$21M29%

Geographic Segments

UNITED STATES

$70M95%

Non-US

$4M5%

TPB Q4 2017 Earnings — Turning Point Brands, Inc. Revenue & Financial Results | Market Cap Arena