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cbdMD, Inc. (YCBD)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsSep-30-22Sep-30-21Sep-30-20Sep-30-19Sep-30-18Sep-30-17Sep-30-16
   10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Professional Product Division       1.02.0
    Entertainment Division       1.7 
    Licensing Division       1.8 
Total revenues   [+]35.444.541.923.70.54.52.0
            Revenue growth   [+]-20.4%6.2%77.1%5051.8%-89.7%120.3% 
Cost of goods sold  13.114.515.59.10.41.41.6
Gross profit  22.330.026.414.50.13.10.4
            Gross margin  63.1%67.4%63.0%61.4%20.2%69.7%20.3%
Selling, general and administrative   [+]39.649.644.029.32.23.44.1
Other operating expenses  -7.96.7 33.0-0.31.10.2
EBITDA   [+]-7.6-25.3-15.7-47.5-1.6-1.2-3.8
            EBITDA margin  -21.5%-56.8%-37.4%-200.7%-343.0%-27.7%-189.2%
Depreciation  0.91.00.70.30.20.10.0
EBITA  -8.6-26.3-16.4-47.8-1.8-1.3-3.9
            EBITA margin  -24.2%-59.1%-39.2%-201.9%-391.4%-29.3%-191.4%
Amortization of intangibles  0.9 1.2    
EBIT   [+]-9.4-26.3-17.6-47.8-1.8-1.3-3.9
            EBIT margin  -26.7%-59.1%-42.0%-201.9%-391.4%-29.3%-191.4%
Non-recurring items   [+]68.8-6.7 -33.0 0.1 
Interest expense, net   [+]0.00.00.0-0.1 0.5 
Other income (expense), net   [+]8.2-4.628.8-33.1 2.23.4
Pre-tax income  -70.1-24.311.3-47.8-1.80.4-0.5
Income taxes  0.0-0.91.3-2.40.00.00.0
            Tax rate  0.0%3.7%11.9%4.9%0.0%6.6% 
Earnings from continuing ops  -74.1-25.912.3-44.5-2.3-1.7-3.4
Earnings from discontinued ops    0.0-5.91.9  
Net income  -74.1-25.912.2-50.4-0.4-1.7-3.4
            Net margin  -209.3%-58.3%29.2%-213.2%-89.8%-38.9%-165.2%
   
Basic EPS   [+]($1.24)($0.47)$0.28($2.49)($0.29)($0.38)($1.13)
Diluted EPS   [+]($1.24)($0.47)$0.27($2.49)($0.29)($0.38)($1.13)
   
Dividends per share   [+]  $0.01    
   
Shares outstanding (basic)   [+]59.854.944.117.97.74.53.0
Shares outstanding (diluted)   [+]59.854.945.217.97.74.53.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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