cbdMD, Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.53
Dividend & YieldN/A$ (N/A)
Beta 2.24
Market capitalization N/A
Operating cash flow -11.56M
ESG Scores unknown

Company description

cbdMD, Inc. produces and distributes various cannabidiol (CBD) products. The company owns and operates consumer hemp-based CBD brands, such as cbdMD, Paw CBD, and cbdMD Botanicals. Its cbdMD brand products include CDB tinctures, gummies, topicals, capsules, bath bombs, bath salts, and sleep aids. The company also offers veterinarian-formulated products, including tinctures, chews, and topicals under the Paw CBD brand name. It distributes its products through its e-commerce website, third-party e-commerce sites, wholesalers, and various brick and mortar retailers in the United States. The company was formerly known as Level Brands, Inc. and changed its name to cbdMD, Inc. in May 2019. cbdMD, Inc. was incorporated in 2015 and is headquartered in Charlotte, North Carolina.

Sector: - Industry:

Financial data

Financial Statements

Cashflow Statement 2019-09-30 2020-09-30 2021-09-30 2022-09-30
Change To Liabilities -568.39k 171.69k -995.7k -1.61M
Total Cashflows From Investing Activities -2.13M -1.57M -2.55M -688.68k
Net Borrowings -764.3k 1.49M -151.55k -33.35k
Total Cash From Financing Activities 17.92M 22.37M 28.23M -4.04M
Change To Operating Activities -1.07M -950.69k -372.3k -1.16M
Issuance Of Stock 19.01M 16.77M
Net Income -50.43M 12.6M -23.39M -70.08M
Change In Cash 407.41k 10.13M 11.59M -19.69M
Effect Of Exchange Rate
Total Cash From Operating Activities -15.38M -10.66M -14.09M -14.97M
Depreciation 267.38k 1.9M 2.25M 2.97M
Change To Account Receivables -401.98k 514.35k -183.74k 65.54k
Other Cashflows From Financing Activities -326.87k 62.2k
Change To Netincome 40.85M -24.98M 9.87M 54.92M
Capital Expenditures -1.2M -1.32M -342.01k -688.68k

Income Statement 2019-09-30 2020-09-30 2021-09-30 2022-09-30
Research Development 424.45k 424.45k 1.42M
Income Before Tax -47.79M 11.31M -24.29M -70.08M
Net Income -50.43M 12.6M -23.39M -70.08M
Selling General Administrative 28.88M 38.83M 43.37M 39.65M
Gross Profit 14.51M 26.37M 29.99M 22.34M
Ebit -14.36M -17.58M -19.62M -17.31M
Operating Income -14.36M -17.58M -19.62M -17.31M
Interest Expense -28.93k -28.93k -28.93k
Income Tax Expense -2.36M -1.35M -895k
Total Revenue 23.65M 41.88M 44.48M 35.4M
Cost Of Revenue 9.14M 15.51M 14.5M 13.07M
Total Other Income ExpenseNet -33.43M 28.89M -4.67M -52.77M
Net Income From Continuing Ops -45.43M 12.65M -23.39M -70.08M
Net Income Applicable To Common Shares -50.43M 12.24M -25.95M -74.09M

Balance Sheet Statement 2019-09-30 2020-09-30 2021-09-30 2022-09-30
Total Liabilities 56.91M 31.66M 21.74M 9.37M
Total Stockholder Equity 37.6M 79.18M 103.14M 31.42M
Other Current Liabilities 7.34k
Total Assets 94.52M 110.84M 124.88M 40.79M
Common Stock 27.72k 52.13k 57.78k 60.67k
Other Current Assets 2.77M 1.82M 1.22M 1.37M
Retained Earnings -59.61M -47.39M -73.34M -147.42M
Treasury Stock
Cash 4.69M 14.82M 26.41M 6.72M
Total Current Liabilities 3.71M 7.69M 6.92M 5.29M
Other Stockholder Equity
Property, Plant, and Equipment 1.72M 10.03M 8.18M 5.3M
Total Current Assets 15.74M 23.71M 36.5M 16.01M
Net Tangible Assets -38.7M 2.88M 23.46M 13.58M
Net Receivables 1.59M 911.48k 1.11M 1.45M
Accounts Payable 3.02M 2.85M 2.98M 2.04M


Insider Transactions

Here are the insider transactions of stock shares related to cbdMD, Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to cbdMD, Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on cbdMD, Inc

Here is the result of two systematic investment strategies applied to cbdMD, Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on cbdMD, Inc

The following chart shows the equity curve of the two systematic investment strategies applied to cbdMD, Inc:

cbdMD, Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -22.55% on the backtest period.

Performance at glance

Performance

-22.55 %

Latent gain

-111.9 $

Invested capital

496.3 $

Annualized return

-29.67 %
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Momentum strategy results on cbdMD, Inc

This is the result of two momentum investment strategies applied to cbdMD, Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on cbdMD, Inc

The following chart shows all the entries opened by the momentum investment system on cbdMD, Inc:

cbdMD, Inc momentum entries
  • The first momentum investment strategy would give -16.4% of return on cbdMD, Inc. That represents -81.47$ of latent gain with 496.87$ of employed capital.
  • The second momentum investment strategy would give -12.06% of return on cbdMD, Inc. That represents -29.75$ of latent gain with 246.75$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-16.4 %

Latent gain

-81.47 $

Invested capital

496.87 $

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

-12.06 %

Latent gain

-29.75 $

Invested capital

246.75 $

Annualized return

-43.07 %

Momentum equity curve on cbdMD, Inc

The following chart shows the equity curve of the two momentum strategies applied to cbdMD, Inc:

cbdMD, Inc momentum equity

Note: the dividends potentially given by cbdMD, Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on cbdMD, Inc

The following chart shows the employed capital evolution of the two momentum strategies on cbdMD, Inc since the beginning:

cbdMD, Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on cbdMD, Inc

Buy the dip entry openings on cbdMD, Inc

cbdMD, Inc

The performance achieved by the robo-advisor on cbdMD, Inc is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows cbdMD, Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of cbdMD, Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

-0.0 %

Equity curve of the strategy applied to cbdMD, Inc

The following chart shows the result of the investment strategy applied to cbdMD, Inc:

cbdMD, Inc

Note: the dividends potentially given by cbdMD, Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on cbdMD, Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on cbdMD, Inc:

cbdMD, Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on cbdMD, Inc

In this section, I will compare the three previous investment strategies applied to cbdMD, Inc.

Equity curve comparison on cbdMD, Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

cbdMD, Inc investment strategy comparison

Employed capital comparison on cbdMD, Inc

cbdMD, Inc investment comparison

Performance comparison on cbdMD, Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -22.55% -111.9$ 496.3$ -29.67%
Momentum 1 quarter -16.4% -81.47$ 496.87$ -31.54%
Momentum 2 quarters -12.06% -29.75$ 246.75$ -43.07%
Non-directional 0% 0.0$ 0.0$ -0.0%
Annualized return comparison

Automatic investment

-29.67 %

Momentum 1Q

-43.07 %

Momentum 2Q

-43.07 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with cbdMD, Inc:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between cbdMD, Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of cbdMD, Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name cbdMD, Inc
Country United States
City Charlotte
Address 8845 Red Oak Boulevard
Phone 704 445 3060
Website www.cbdmd.com
FullTime employees 65
Industry
Sector
Exchange XNYS
Ticker YCBD-PA
Market www.nyse.com

cbdMD, Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown