Turning Point Brands Inc (N:TPB)

Sector:  Consumer Non-Cyclicals Industry:  Tobacco
 
See Regulatory Filings on SEC
Company Contact
Address: 5201 Interchange Way
LOUISVILLE KY 40229-2184
Tel: N/A
Website: https://www.turningpointbrands.com
IR: See website
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Key People
David E. Glazek
Executive Chairman of the Board
Graham A. Purdy
President, Chief Executive Officer, Director
Andrew Flynn
Chief Financial Officer
Brittani N. Cushman
Senior Vice President, General Counsel, Secretary
   
Business Overview
Turning Point Brands, Inc. is a manufacturer, marketer and distributor of branded consumer products. It sells a range of products to adult consumers consisting of staple products under the brands Zig-Zag and Stoker's. Its segments include Zig-Zag Products (Zig-Zag), Stoker's Products (Stoker's) and Creative Distribution Solutions. Zig-Zag principally market and distribute rolling papers, tubes, and related products; finished cigars and make-your-own cigar wraps, and CLIPPER reusable lighters and other accessories. Stoker's manufactures and markets moist snuff tobacco (MST) and contract for and market loose leaf chewing tobacco products. Creative Distribution Solutions segment markets and distributes liquid nicotine products and certain other products without tobacco and/or nicotine; distributes an assortment of products to non-traditional retail outlets via Vapor Beast, and markets and distributes an assortment of products to individual consumers via the VaporFi B2C online platform.
Financial Overview
For the fiscal year ended 31 December 2023, Turning Point Brands Inc revenues decreased 2% to $405.4M. Net income increased from $11.6M to $38.5M. Revenues reflect Zig-Zag products segment decrease of 5% to $180.5M, Domestic segment decrease of 2% to $374.4M, Foreign segment decrease of 7% to $31M. Net income reflects Stoker'��s products segment income increase of 17% to $62.2M.
Employees: 373 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $828.29M as of Mar 31, 2024
Annual revenue (TTM): $405.39M as of Mar 31, 2024
EBITDA (TTM): $103.68M as of Mar 31, 2024
Net annual income (TTM): $38.46M as of Mar 31, 2024
Free cash flow (TTM): $56.68M as of Mar 31, 2024
Net Debt Last Fiscal Year: $249.74M as of Mar 31, 2024
Shares outstanding: 17,621,706 as of Apr 26, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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