See more : Good Friend International Holdings Inc. (2398.HK) Income Statement Analysis – Financial Results
Complete financial analysis of 1606 Corp. (CBDW) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of 1606 Corp., a leading company in the Tobacco industry within the Consumer Defensive sector.
You may be interested
- Mercor S.A. (MCR.WA) Income Statement Analysis – Financial Results
- Stelmine Canada Ltd. (STH.V) Income Statement Analysis – Financial Results
- Shandong Publishing&Media Co.,Ltd (601019.SS) Income Statement Analysis – Financial Results
- Oriental Trimex Limited (ORIENTALTL.NS) Income Statement Analysis – Financial Results
- Vertu Motors plc (VTMTF) Income Statement Analysis – Financial Results
1606 Corp. (CBDW)
About 1606 Corp.
1606 Corp., an AI chatbot company, specializes in merchandising chatbots for the cannabidiol industry. It offers ChatCBDW, a proprietary bot fully integrated to improve sales, educate audiences on products, and provide analytics on customer preferences and behavior and contributing to inventory management. The company was founded in 2019 and is headquartered in Phoenix, Arizona.
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Revenue | 1.60K | 13.94K | 34.07K |
| Cost of Revenue | 995.00 | 12.76K | 21.70K |
| Gross Profit | 608.00 | 1.18K | 12.37K |
| Gross Profit Ratio | 37.93% | 8.48% | 36.32% |
| Research & Development | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 422.43K | 256.66K |
| Selling & Marketing | 0.00 | 118.79K | 56.98K |
| SG&A | 1.71M | 541.22K | 313.63K |
| Other Expenses | 65.00K | 0.00 | 0.00 |
| Operating Expenses | 1.77M | 541.22K | 313.63K |
| Cost & Expenses | 1.78M | 553.98K | 335.33K |
| Interest Income | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 995.00 | 0.00 | 0.00 |
| EBITDA | -1.71M | -540.04K | -301.26K |
| EBITDA Ratio | -106,580.91% | -3,872.90% | -884.27% |
| Operating Income | -1.77M | -540.04K | -301.26K |
| Operating Income Ratio | -110,635.81% | -3,872.90% | -884.27% |
| Total Other Income/Expenses | 192.76K | 0.00 | 0.00 |
| Income Before Tax | -1.58M | -540.04K | -301.26K |
| Income Before Tax Ratio | -98,610.92% | -3,872.90% | -884.27% |
| Income Tax Expense | 0.00 | 0.00 | 0.00 |
| Net Income | -1.58M | -540.04K | -301.26K |
| Net Income Ratio | -98,610.92% | -3,872.90% | -884.27% |
| EPS | -0.03 | -0.01 | -0.01 |
| EPS Diluted | -0.03 | -0.01 | -0.01 |
| Weighted Avg Shares Out | 47.32M | 38.15M | 37.10M |
| Weighted Avg Shares Out (Dil) | 47.32M | 38.15M | 37.10M |
1606 Corp inks partnership with CannaSite, its second major ISO
1606 Corp announced what it called a "groundbreaking" Independent Sales Organization (ISO) agreement with CannaSiteCo, a cannabis digital space player. The developer of AI-powered merchandising chatbots focused on the online CBD industry said the strategic partnership aims to leverage CannaSite's...
1606 Corp eyes profitability in 2024 with success of AI-driven e-commerce tool
1606 Corp. (OTC:CBDW) said it “confidently anticipates” a profitable second quarter in 2024 after the success of its AI-driven e-commerce tool launched last year. The company said its December 2023 pilot marketing program had completely sold out.
1606 to launch second version of AI chatbot in spring 2024
1606 Corp. (OTC:CBDW) announced that it will be releasing the second version of its artificial intelligence (AI)-powered chatbot ChatCBDW in the spring of 2024. The first version of the chatbot focused on the CBD sector was released in October.
1606 Corp. Celebrates a Year of Trailblazing Achievements and Innovations in 2023
SEATTLE, Dec. 21, 2023 /PRNewswire/ -- 1606 Corp. (OTC Pink: CBDW) (the "Company") releases an annual letter to shareholders and discusses growth strategies for 2024. We are proud to announce that as we recap 2023, CBDW.ai will be releasing the second...
1606 marketing push expected to bring in dozens of customers for ChatCBDW
1606 Corp. (OTC:CBDW) expects to bring in dozens of customers in the first month of the new year for its artificial intelligence (AI)-powered merchandising chatbot ChatCBDW. The company's CEO Greg Lambrecht recently joined Proactive to speak about the company's marketing...
1606 kicks off nationwide marketing campaign for ChatCBDW
1606 Corp. (OTC:CBDW) has launched a dedicated sales team for its artificial intelligence (AI)-powered chatbot ChatCBDW and its first marketing initiative will be an email-based campaign targeting 3,000 United States CBD merchants in December, the company announced on Tuesday. The...
1606 announces pricing for AI chatbot ChatCBDW
1606 Corp. (OTC:CBDW) has announced the pricing model for its artificial intelligence (AI)-powered chatbot ChatCBDW designed to enhance online customer engagement for CBD retailers. The company said the proposed model includes a two-month free trial to allow customers to see...
1606 onboarding CBD retailers for ChatCBDW Beta test
1606 Corp. (OTC:CBDW) told investors that it is in the process of onboarding 10 merchants for the Beta test of its artificial intelligence (AI)-powered chatbot ChatCBDW after seeing a “tremendous” response to the tool from CBD retailers following its launch...
1606 hails successful launch of AI-powered chatbot ChatCBDW
1606 Corp. (OTC:CBDW) said the launch of its artificial intelligence (AI)-powered chatbot ChatCBDW designed for the CBD industry earlier this week was a success. “It's working perfectly and we're getting a lot of attention,” CEO Greg Lambrecht told Proactive.
1606's AI-powered merchandising chatbot ChatCBDW now available
1606 Corp. (OTC:CBDW) announced that its artificial intelligence (AI)-driven online merchandising technology designed for the CBD and wellness industries ChatCBDW is now live. The tool, a proprietary chatbot fully integrated with OpenAI's ChatGPT language model, offers CBD and wellness retailers the...
Source: https://incomestatements.info
Category: Stock Reports