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.
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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 |
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1606 Corp, Stock Ticker CBDW, Will Attend The Roth Investor Conference.
PHOENIX , March 10, 2023 /PRNewswire/ -- 1606 Corp (OTC: CBDW), an acquisition-based CBD wellness company, announces that CEO Greg Lambrecht will attend the Roth Investor Conference March 12th - 14th. Mr. Lambrecht will be meeting with investment bankers, retail...
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