Sector:  Consumer Non-Cyclicals Industry:  Tobacco
See Regulatory Filings on SEC
Company Contact
Address: 787 Adeline Ave
SAN JOSE CA 95136-4859
Tel: N/A
Website: vprbrands.com
IR: See website
Key People
Kevin Frija
Chairman of the Board, Chief Executive Officer
Jonathan Pan
Daniel Hoff
Chief Operating Officer
Business Overview
VPR Brands, LP, formerly Soleil Capital L.P., is a technology holding company. The Company is engaged in the electronic cigarette and personal vaporizer industry. The Company is also engaged in product development for the vapor or vaping market, including e-liquids. The Company owns a portfolio of electronic cigarette and personal vaporizer patents. It designs, markets and distributes a range of e-liquids under the HELUIM brand; designs, markets and distributes electronic cigarettes; prosecutes and enforces its rights; licenses its intellectual property, and develops private label manufacturing programs. The Company's disposable electronic cigarettes feature a one-piece construction that houses all the components and is utilized until the nicotine or nicotine free solution is depleted. Rechargeable electronic cigarettes feature a rechargeable battery and replaceable cartridge. The personal vaporizers feature a tank and a chamber, a heating element and a battery.
Financial Overview
For the nine months ended 30 September 2019, VPR Brands LP revenues increased 24% to $4.3M. Net loss increased 59% to $480K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Selling, General and Administrative increase of 40% to $1.8M (expense), FV/Uls Adjust on Derivatives for Hedging decrease from $201K (income) to $0K.
Reporting Currency: U.S. Dollars
Enterprise value: $4.20M as of Sep 30, 2019
Annual revenue (TTM): $5.46M as of Sep 30, 2019
EBITDA (TTM): -$0.24M as of Sep 30, 2019
Net annual income (TTM): -$1.15M as of Sep 30, 2019
Free cash flow (TTM): -$1.02M as of Sep 30, 2019
Net Debt Last Fiscal Year: $2.09M as of Sep 30, 2019
Shares outstanding: 87,656,632 as of Sep 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization