22nd Century (XXII) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
11.9M
Gross Profit
-2.4M
-20.21%
Operating Income
-13.8M
-116.35%
Net Income
-15.2M
-127.66%
EPS (Diluted)
-$175.99
Balance Sheet Metrics
Total Assets
21.7M
Total Liabilities
17.7M
Shareholders Equity
4.0M
Debt to Equity
4.40
Cash Flow Metrics
Operating Cash Flow
-8.0M
Free Cash Flow
-14.5M
Revenue & Profitability Trend
22nd Century Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 11.9M | 32.2M | 40.5M | 30.9M | 28.1M |
| Cost of Goods Sold | 14.3M | 40.9M | 38.7M | 29.5M | 26.7M |
| Gross Profit | -2.4M | -8.7M | 1.8M | 1.5M | 1.4M |
| Operating Expenses | 11.4M | 34.5M | 43.0M | 29.9M | 19.1M |
| Operating Income | -13.8M | -43.2M | -34.0M | -28.4M | -19.0M |
| Pre-tax Income | -15.5M | -54.6M | -36.5M | -32.6M | -19.7M |
| Income Tax | 30.0K | 47.0K | 21.0K | 14.0K | 38.0K |
| Net Income | -15.2M | -140.8M | -59.8M | -32.6M | -19.7M |
| EPS (Diluted) | -$175.99 | -$116.48 | -$74.40 | -$50.40 | -$33.60 |
Income Statement Trend
22nd Century Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 11.5M | 16.3M | 44.6M | 54.4M | 28.3M |
| Non-Current Assets | 10.2M | 11.2M | 70.0M | 21.6M | 23.4M |
| Total Assets | 21.7M | 27.5M | 114.7M | 76.0M | 51.7M |
| Liabilities | |||||
| Current Liabilities | 10.0M | 25.0M | 13.0M | 8.4M | 7.3M |
| Non-Current Liabilities | 7.7M | 10.9M | 5.7M | 1.5M | 241.0K |
| Total Liabilities | 17.7M | 35.9M | 18.7M | 9.9M | 7.6M |
| Equity | |||||
| Total Shareholders Equity | 4.0M | -8.4M | 96.0M | 66.1M | 44.1M |
Balance Sheet Composition
22nd Century Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -15.2M | -140.8M | -59.8M | -32.6M | -19.7M |
| Operating Cash Flow | -8.0M | -127.5M | -60.6M | -27.8M | -19.9M |
| Investing Activities | |||||
| Capital Expenditures | -119.0K | -873.0K | -3.2M | -745.0K | -48.0K |
| Investing Cash Flow | -119.0K | 17.8M | 23.4M | -27.4M | 16.9M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | 13.5M | 28.1M | 30.6M | 37.8M | -354.0K |
| Free Cash Flow | -14.5M | -60.6M | -56.1M | -23.9M | -16.1M |
Cash Flow Trend
22nd Century Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
0.01
Forward P/E
-0.53
Price to Book
0.27
Price to Sales
2.58
PEG Ratio
-0.53
Profitability Ratios
Profit Margin
-57.62%
Operating Margin
-43.15%
Return on Equity
-634.77%
Return on Assets
-32.44%
Financial Health
Current Ratio
0.68
Debt to Equity
153.49
Beta
1.94
Per Share Data
EPS (TTM)
$1,212.10
Book Value per Share
$30.50
Revenue per Share
$958.44
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| xxii | 61.7M | 0.01 | 0.27 | -634.77% | -57.62% | 153.49 |
| Philip Morris | 285.3B | 28.91 | -32.16 | -71.27% | 19.80% | -5.56 |
| Altria Group | 100.4B | 10.00 | -28.49 | -513.53% | 50.44% | -7.53 |
| Ispire Technology | 161.2M | -10.67 | 10.89 | -110.82% | -19.32% | 51.12 |
| Greenlane Holdings | 4.5M | 0.10 | 0.00 | -114.52% | -173.31% | 3.37 |
| Kaival Brands | 5.8M | -0.31 | 0.54 | -88.92% | 37.83% | 7.21 |
Financial data is updated regularly. All figures are in the company's reporting currency.