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Complete financial analysis of Kaival Brands Innovations Group, Inc. (KAVL) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Kaival Brands Innovations Group, Inc., a leading company in the Tobacco industry within the Consumer Defensive sector.
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Kaival Brands Innovations Group, Inc. (KAVL)
About Kaival Brands Innovations Group, Inc.
Kaival Brands Innovations Group, Inc. distributes electronic nicotine delivery systems (ENDS Products) and related components in the Unites States. The company offers Bidi Stick, a disposable and tamper-resistant ENDS Product in various flavor options; and Bidi Pouch, a tobacco-free nicotine formulation, which contains natural fibers and a chew-base filler in different flavors. It sells its products to non-retail customers through website bidivapor.com. The company was formerly known as Quick Start Holdings, Inc. and changed its name to Kaival Brands Innovations Group, Inc. in July 2019. The company is based in Grant-Valkaria, Florida. Kaival Brands Innovations Group, Inc. is a subsidiary of Kaival Holdings, LLC.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Revenue | 13.09M | 12.76M | 58.78M | 64.31M | 0.00 | 0.00 |
| Cost of Revenue | 10.51M | 11.52M | 46.84M | 54.26M | 0.00 | 0.00 |
| Gross Profit | 2.57M | 1.24M | 11.93M | 10.06M | 0.00 | 0.00 |
| Gross Profit Ratio | 19.67% | 9.72% | 20.30% | 15.64% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 10.79M | 12.95M | 19.21M | 2.36M | 68.85K | 26.26K |
| Selling & Marketing | 2.45M | 2.68M | 3.20M | 2.34M | 0.00 | -21.88K |
| SG&A | 13.24M | 15.63M | 22.40M | 4.70M | 68.85K | 4.38K |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 13.24M | 15.63M | 22.40M | 4.70M | 68.85K | 4.38K |
| Cost & Expenses | 23.75M | 27.15M | 69.25M | 58.95M | 68.85K | 4.38K |
| Interest Income | 0.00 | 4.00 | 395.00 | 1.05K | 0.00 | 0.00 |
| Interest Expense | 466.52K | 4.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 328.30K | 132.89K | 10.47M | -5.36M | 68.85K | 26.26K |
| EBITDA | -10.34M | -14.39M | -10.47M | 5.36M | 0.00 | 21.88K |
| EBITDA Ratio | -78.98% | -112.75% | -17.81% | 8.33% | 0.00% | 0.00% |
| Operating Income | -10.66M | -14.39M | -10.47M | 5.36M | -68.85K | -4.38K |
| Operating Income Ratio | -81.48% | -112.75% | -17.81% | 8.33% | 0.00% | 0.00% |
| Total Other Income/Expenses | -466.52K | 4.00 | 395.00 | 1.05K | 0.00 | 0.00 |
| Income Before Tax | -11.13M | -14.39M | -10.47M | 5.36M | -68.85K | -4.38K |
| Income Before Tax Ratio | -85.05% | -112.75% | -17.81% | 8.33% | 0.00% | 0.00% |
| Income Tax Expense | 2.35K | -18.32K | -1.44M | 1.51M | -68.85K | 0.00 |
| Net Income | -11.13M | -14.37M | -9.03M | 3.85M | -68.85K | -4.38K |
| Net Income Ratio | -85.07% | -112.61% | -15.37% | 5.98% | 0.00% | 0.00% |
| EPS | -4.13 | -7.60 | -7.90 | 1.88 | -0.03 | 0.00 |
| EPS Diluted | -4.13 | -7.60 | -7.90 | 1.88 | -0.03 | 0.00 |
| Weighted Avg Shares Out | 2.72M | 1.89M | 1.14M | 2.05M | 2.27M | 2.27M |
| Weighted Avg Shares Out (Dil) | 2.72M | 1.89M | 1.14M | 2.05M | 2.27M | 2.27M |
Kaival Brands Reports Fiscal 2024 First Quarter Financial Results and Provides Business Update
Heightens Focus on Valuable Patent Portfolio; Engages Investment Bank to Assist in Exploration of Strategic Alternatives for Parent Company Heightens Focus on Valuable Patent Portfolio; Engages Investment Bank to Assist in Exploration of Strategic Alternatives for Parent Company
Why Is Kaival Brands Innovations (KAVL) Stock Up 77% Today?
Kaival Brands Innovations (NASDAQ: KAVL ) stock is rocketing higher on Thursday alongside heavy pre-market trading of the nicotine company's shares. Early morning trading on Thursday has more than 5.7 million shares of KAVL stock changing hands.
Kaival Brands Provides Business Update in Letter to Shareholders
Senior leadership driving change by maximizing core opportunities, revamping internal processes, and pursuing platform diversification Senior leadership driving change by maximizing core opportunities, revamping internal processes, and pursuing platform diversification
Kaival Brands Partner Bidi Vapor to Contest FDA Denial of ‘Classic' Tobacco-Flavored ENDS
MDO applies only to one Bidi device, ten other flavors still in PMTA process Kaival Brands remains focused on driving revenue and platform diversification GRANT-VALKARIA, Fla., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival...
Kaival Brands Innovations Group Announces Reverse Stock Split
1-for-21 reverse stock split to become effective as of the opening of trading on Thursday, January 25, 2024 1-for-21 reverse stock split to become effective as of the opening of trading on Thursday, January 25, 2024
Kaival Brands Appoints Executive Chairman Barry Hopkins as Interim Chief Executive Officer and President
Former Altria and Turning Point Brands Senior Executive Brings Decades of Experience and Relationships to Kaival Brands Former Altria and Turning Point Brands Senior Executive Brings Decades of Experience and Relationships to Kaival Brands
Kaival Brands Appoints James W. Dobbins as Senior Vice President, General Counsel
Former Turning Point Brands (NYSE: TPB) General Counsel brings more than three decades of corporate counsel experience focused on nicotine, cannabis, and adjacent consumer categories Former Turning Point Brands (NYSE: TPB) General Counsel brings more than three decades of corporate...
Kaival Brands Expands Senior Management Team with the Appointment of Barry Hopkins as Executive Chairman
40-year tobacco industry veteran will work with existing management team to refine corporate vision and execute on Kaival Brands revenue generation and operational strategies 40-year tobacco industry veteran will work with existing management team to refine corporate vision and execute...
Kaival Brands Leads the Way in Compliance as FDA Ramps Up Enforcement of Illicit Vape Products
GRANT-VALKARIA, Fla., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company" or "we,” “our” or similar terms), the exclusive distributor of all products manufactured by Bidi Vapor, LLC (“Bidi Vapor”), including the...
Kaival Brands Innovations Group, Inc. Highlighted in Updated Research Report Released by Harbinger Research, LLC
The report was prepared by Brian R. Connell, Chartered Financial Analyst (CFA) The report was prepared by Brian R. Connell, Chartered Financial Analyst (CFA)
Source: https://incomestatements.info
Category: Stock Reports