See more : CompuGroup Medical SE & Co. KGaA (CMPVF) Income Statement Analysis – Financial Results
Complete financial analysis of Bhang Inc. (BHNGF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Bhang Inc., a leading company in the Drug Manufacturers – Specialty & Generic industry within the Healthcare sector.
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Bhang Inc. (BHNGF)
Industry: Drug Manufacturers - Specialty & Generic
Sector: Healthcare
Website: https://www.bhangnation.com
About Bhang Inc.
Bhang Inc. operates as a cannabis consumer packaged goods brand company in the United States. Its portfolio of products include cannabis; hempderived cannabidiol; and terpene products, including chocolates, pre-rolls, vapes, gums, beverages, and gummies. The company also provides milk chocolate, ice milk chocolate, caramel mocha milk chocolate, cherries and cream milk chocolate, caramel dark chocolate, dark chocolate, fire dark chocolate, blueberry dark chocolate, fried chicken and cola dark chocolate, toffee and salt dark chocolate, italian espresso dark chocolate, cookies and cream white chocolate, and white toast white chocolate bar; and infused joints, such as fig bars. In addition, it produces and distributes cannabis-infused products through partners and licensees that are distributed worldwide. Bhang Inc. is based in Toronto, Canada.
| Metric | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.27M | 1.63M | 4.78M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 65.23K | 22.47K | 29.52K | 20.12K | 0.00 | 0.00 |
| Cost of Revenue | 424.74K | 718.62K | 5.28M | 675.00 | 4.69K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -7.61K | 0.00 | 0.00 | -7.09K | 0.00 | 0.00 |
| Gross Profit | 841.71K | 908.86K | -506.82K | -675.00 | -4.69K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 72.84K | 22.47K | 29.52K | 27.21K | 0.00 | 0.00 |
| Gross Profit Ratio | 66.46% | 55.84% | -10.61% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 111.66% | 100.00% | 100.00% | 135.22% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 2.94M | 3.40M | 5.78M | 278.30K | 718.28K | 1.09M | 882.32K | 1.20M | 1.36M | 1.93M | 2.26M | 1.58M | 1.42M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 873.26K | 263.02K | 1.84M | 4.73K | 21.22K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 3.82M | 3.67M | 7.62M | 283.04K | 739.50K | 1.09M | 882.32K | 1.20M | 1.36M | 1.93M | 2.26M | 1.58M | 1.42M | 2.03M | 2.84M | 1.54M | 755.02K | 671.20K | 683.87K | 332.31K | 788.87K |
| Other Expenses | -48.10K | 4.50K | -252.50K | 75.29K | 8.01K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 276.43K | 42.38K | -368.70K | 131.05K | 0.00 | 3.09K | 27.63K | 0.00 |
| Operating Expenses | 3.77M | 3.60M | 8.07M | 249.71K | 831.90K | 1.27M | 888.19K | 1.35M | 1.37M | 1.94M | 2.29M | 1.63M | 1.66M | 2.07M | 2.86M | 1.56M | 779.82K | 684.93K | 690.67K | 307.07K | 794.23K |
| Cost & Expenses | 4.20M | 4.32M | 13.36M | 249.71K | 831.90K | 1.27M | 888.19K | 1.35M | 1.37M | 1.94M | 2.29M | 1.63M | 1.66M | 2.07M | 2.86M | 1.56M | 779.82K | 684.93K | 690.67K | 307.07K | 794.23K |
| Interest Income | 0.00 | 0.00 | 0.00 | 592.87 | 0.00 | 6.85 | 241.34 | 5.16K | 28.25K | 30.75K | 39.10K | 3.86K | 32.36K | 184.76K | 127.72K | 72.84K | 0.00 | 0.00 | 23.02K | 4.84K | 3.50K |
| Interest Expense | 30.72K | 84.46K | 131.64K | 0.00 | 53.10K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 44.60K | 89.54K | 159.34K | 161.14K | 3.78K | 4.59K | 5.87K | 9.39K | 12.24K | 14.79K | 32.02K | 52.48K | 59.66K | 47.07K | 23.74K | 22.94K | 24.81K | 13.73K | 6.80K | 6.57K | 5.36K |
| EBITDA | -3.22M | -4.25M | -13.12M | -2.10M | -397.33K | -1.59M | -393.02K | -1.10M | -1.28M | 786.10K | -2.26M | 608.23K | -1.32M | -1.99M | -2.81M | -1.48M | -732.55K | -641.68K | -663.75K | -234.31K | -788.87K |
| EBITDA Ratio | -254.44% | -159.79% | -183.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -2,033.18% | -2,073.97% | -1,940.40% | -2,689.85% | 0.00% | 0.00% |
| Operating Income | -2.93M | -2.69M | -8.91M | -173.30K | -1.07M | -1.27M | -1.23M | -1.35M | -1.39M | -4.64M | -2.29M | 555.75K | -1.38M | -2.11M | -2.90M | -1.65M | -1.02M | -724.25K | -793.10K | -373.27K | -794.23K |
| Operating Income Ratio | -231.14% | -165.30% | -186.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -2,525.30% | -4,558.16% | -2,453.24% | -3,941.84% | 0.00% | 0.00% |
| Total Other Income/Expenses | -341.76K | -1.73M | -6.17M | 30.79K | -299.00K | 327.46K | -143.74K | -230.51K | -29.13K | 15.41K | 39.10K | -4.38M | -534.92K | 450.96K | 171.03K | -517.75K | -135.59K | -68.83K | -119.46K | -38.57K | 0.00 |
| Income Before Tax | -3.27M | -4.42M | -15.08M | 85.44K | -111.09K | -943.91K | -1.38M | -1.58M | -1.42M | -4.63M | -2.25M | -3.82M | -1.91M | -1.66M | -2.73M | -2.17M | -1.16M | -793.08K | -912.56K | -411.84K | 0.00 |
| Income Before Tax Ratio | -258.12% | -271.69% | -315.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -3,318.98% | -5,161.71% | -2,686.40% | -4,535.57% | 0.00% | 0.00% |
| Income Tax Expense | 29.02K | 85.65K | -202.40K | -85.33K | 61.11K | -64.02K | -304.22K | -327.84K | -168.03K | -1.19M | -453.14K | -1.22M | -454.76K | -587.03K | -674.33K | 149.04K | 266.63K | 68.83K | 125.65K | 63.15K | -2.22K |
| Net Income | -3.30M | -4.42M | -15.08M | 85.44K | -111.09K | -879.90K | -1.07M | -1.25M | -1.25M | -3.43M | -1.80M | -2.60M | -1.46M | -1.07M | -2.05M | -2.02M | -892.95K | -724.25K | -793.10K | -342.59K | -792.01K |
| Net Income Ratio | -260.41% | -271.48% | -315.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -3,090.51% | -3,974.83% | -2,453.24% | -3,941.84% | 0.00% | 0.00% |
| EPS | -0.02 | -0.03 | -0.15 | 0.00 | -0.01 | -0.04 | -0.06 | -0.07 | -0.08 | -0.24 | -0.14 | -0.26 | -0.16 | -0.13 | -0.30 | -0.37 | -0.19 | -0.17 | -0.24 | -0.13 | -0.33 |
| EPS Diluted | -0.02 | -0.03 | -0.15 | 0.00 | -0.01 | -0.04 | -0.06 | -0.07 | -0.08 | -0.24 | -0.14 | -0.26 | -0.16 | -0.13 | -0.30 | -0.37 | -0.19 | -0.17 | -0.24 | -0.13 | -0.33 |
| Weighted Avg Shares Out | 192.72M | 139.42M | 98.77M | 32.27M | 21.00M | 20.38M | 18.26M | 16.87M | 15.56M | 14.57M | 13.14M | 10.10M | 9.06M | 8.06M | 6.83M | 5.51M | 4.72M | 4.29M | 3.34M | 2.56M | 2.43M |
| Weighted Avg Shares Out (Dil) | 192.72M | 139.42M | 98.77M | 32.27M | 21.00M | 20.38M | 18.26M | 16.87M | 15.56M | 14.57M | 13.14M | 10.10M | 9.06M | 8.06M | 6.83M | 5.51M | 4.72M | 4.29M | 3.34M | 2.56M | 2.43M |
Bhang bolsters its board of directors with two industry experts
Bhang Inc (CSE:BHNG, OTCQB:BHNGF) has appointed two new directors to its board, the company announced, adding a pair of strong voices in the cannabis and communications fields. The first, Sara Lee Irwin, is a “nationally recognized public voice on cannabis...
Bhang unveils plans to launch two new business units and announces collaboration with Peruvian street artist
Bhang Inc (CSE:BHNG, OTCQB:BHNGF) said it plans to launch two new as-yet-unnamed Bhang business units and unveiled a new tie-up with Conrad Florez - a Lima-based Peruvian street artist. The firm's growth plans, along with the re-emphasis on its aim to...
Bhang partners with Hoodie Analytics to streamline sales insights and strategies
Bhang Inc (CSE:BHNG, OTCQB:BHNGF) said it has partnered with Hoodie Analytics, one of the largest and most impactful platforms in the cannabis space, to streamline its sales insights and strategies. Hoodie Analytics tracks over 4 million daily unique offers in...
Jamie L Pearson to step down as cannabis company Bhang president
Bhang Inc (CSE:BHNG, OTCQB:BHNGF) said it has announced the resignation of its president, CEO, and board member, Jamie L Pearson, who has been with the company since 2015 and has served as president and CEO of the award-winning cannabis brand...
Bhang partners with cannabis marketing agency Petalfast to expand California presence
Bhang Inc (CSE:BHNG, OTCQB:BHNGF), the cannabis CPG brand company, said it has partnered with Petalfast to expand its presence in California. Petalfast is a cannabis sales and marketing agency with decades of experience in adult beverages, consumer packaged goods and cannabis,...
Bhang receives extension for filing its annual financial statements
Bhang Inc (CSE:BHNG, OTCQB:BHNGF). said it has received an extension for filing its annual financial statements for the year ended December 31, 2021.
Bhang says its chocolate receives OU Kosher certification in Florida
Bhang Inc (CSE:BHNG, OTCQB:BHNGF), the global cannabis CPG brand company, announced that its chocolate is now kosher-certified in the state of Florida, making it the only OU Kosher-certified, medical cannabis edible in the state. Bhang Chocolate is exclusively distributed in all...
Bhang stands out in the crowd as a pioneer in cannabis edibles
In the increasingly crowded marketplace of cannabis products, it helps to have experience and innovation on your side. Bhang Inc (CSE:BHNG, OTCQB:BHNGF), an award-winning company famous for its gourmet chocolate and other branded products, has both.
Bhang closes non-brokered private placement of 22,147,400 units for aggregate gross proceeds of C$1,218,107
Bhang Inc (CSE:BHNG, OTCQB:BHNGF) said it has closed a non-brokered private placement of 22,147,400 units of the company for aggregate gross proceeds of C$1,218,107. The company said the proceeds of the offering will be used for general working capital purposes.
This Wildly Undervalued Cannabis Stock Could Go Parabolic in 2022
This profitable growth stock is primed for success, and it's trading cheaply, too.
Source: https://incomestatements.info
Category: Stock Reports