1606 Past Earnings Performance
Past criteria checks 0/6
1606's earnings have been declining at an average annual rate of -30.5%, while the Tobacco industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 84.2% per year.
Key information
-30.5%
Earnings growth rate
-62.3%
EPS growth rate
| Tobacco Industry Growth | 18.1% |
| Revenue growth rate | -84.2% |
| Return on equity | n/a |
| Net Margin | -98,610.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How 1606 makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 0 | -2 | 2 | 0 |
| 30 Sep 23 | 0 | -1 | 1 | 0 |
| 30 Jun 23 | 0 | -1 | 1 | 0 |
| 31 Mar 23 | 0 | -1 | 1 | 0 |
| 31 Dec 22 | 0 | -1 | 1 | 0 |
| 30 Sep 22 | 0 | 0 | 0 | 0 |
| 30 Jun 22 | 0 | 0 | 0 | 0 |
| 31 Mar 22 | 0 | 0 | 0 | 0 |
| 31 Dec 21 | 0 | 0 | 0 | 0 |
| 30 Sep 21 | 0 | 0 | 0 | 0 |
| 30 Jun 21 | 0 | 0 | 0 | 0 |
| 31 Mar 21 | 0 | 0 | 0 | 0 |
| 31 Dec 20 | 0 | 0 | 0 | 0 |
| 31 Dec 19 | 0 | -1 | 1 | 0 |
Quality Earnings: CBDW is currently unprofitable.
Growing Profit Margin: CBDW is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CBDW is unprofitable, and losses have increased over the past 5 years at a rate of 30.5% per year.
Accelerating Growth: Unable to compare CBDW's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CBDW is unprofitable, making it difficult to compare its past year earnings growth to the Tobacco industry (-0.1%).
Return on Equity
High ROE: CBDW's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.