TPBTurning Point Brands, Inc.

$2B

Q4 2020 Earnings

Consumer Defensive Tobacco

Income Statement

Revenue

$105M+31.2% YoY

Gross Profit

$52M49.7% margin

Operating Income

$22M21.1% margin

Net Income

$14M13.7% margin

EPS (Diluted)

$0.65

QoQ Revenue Growth

+1.1%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

$8M

Stock-Based Comp.

$568,000

Balance Sheet

Total Assets

$496M

Total Liabilities

$379M

Stockholders' Equity

$113M

Cash & Equivalents

$42M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$105M	$80M	+31.2%
Gross Profit	$52M	$35M	+48.3%
Operating Income	$22M	-$18M	+222.3%
Net Income	$14M	-$12M	+217.2%

Revenue Segments

NewGen Products

$27,000100%

Geographic Segments

UNITED STATES

$102M97%

Non-US

$4M3%

TPB Q4 2020 Earnings — Turning Point Brands, Inc. Revenue & Financial Results | Market Cap Arena