TPB Q4 2023 Earnings — Turning Point Brands, Inc. Revenue & Financial Results | Market Cap Arena

TPBTurning Point Brands, Inc.

$2B

Q4 2023 Earnings

Consumer Defensive Tobacco

Income Statement

Revenue

$97M-6.1% YoY

Gross Profit

$51M52.0% margin

Operating Income

$24M24.7% margin

Net Income

$10M10.4% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

-3.6%

Cash Flow

Operating Cash Flow

$24M

Free Cash Flow

$23M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$569M

Total Liabilities

$417M

Stockholders' Equity

$151M

Cash & Equivalents

$117M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$97M	$103M	-6.1%
Gross Profit	$51M	$50M	+1.9%
Operating Income	$24M	$18M	+30.8%
Net Income	$10M	-$16M	+162.0%

Revenue Segments

Zig-Zag Products

$45M54%

Stoker's Products

$38M46%

Geographic Segments

UNITED STATES

$89M91%

Non-US

$8M9%