Turning Point Brands Reports 2024 Financials
Ticker: TPB · Form: 10-K · Filed: Mar 6, 2025 · CIK: 1290677
| Field | Detail |
|---|---|
| Company | Turning Point Brands, INC. (TPB) |
| Form Type | 10-K |
| Filed Date | Mar 6, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-k, financials, tobacco
TL;DR
TPB 2024 10-K: $20.2M sales, $2.47M net income. Assets $190M, Liabilities $17.7M. Solid year.
AI Summary
Turning Point Brands, Inc. filed its 2024 10-K on March 6, 2025, reporting a fiscal year ending December 31, 2024. The company's total assets were $190,000,000, with total liabilities amounting to $17,729,481. Net sales for the period were $20,200,886, and the company reported a net income of $2,471,405.
Why It Matters
This 10-K filing provides a comprehensive overview of Turning Point Brands' financial performance and position for the fiscal year 2024, crucial for investors assessing the company's health and future prospects.
Risk Assessment
Risk Level: medium — The company operates in the tobacco products industry, which faces significant regulatory and health-related risks.
Key Numbers
- $190.0M — Total Assets (Represents the company's total resources as of December 31, 2024.)
- $17.7M — Total Liabilities (Indicates the company's total obligations as of December 31, 2024.)
- $20.2M — Net Sales (Revenue generated from sales for the fiscal year 2024.)
- $2.47M — Net Income (The company's profit for the fiscal year 2024.)
Key Players & Entities
- Turning Point Brands, Inc. (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- 2025-03-06 (date) — Filing date
- $190,000,000 (dollar_amount) — Total assets
- $17,729,481 (dollar_amount) — Total liabilities
- $20,200,886 (dollar_amount) — Net sales
- $2,471,405 (dollar_amount) — Net income
FAQ
What were Turning Point Brands' total assets as of December 31, 2024?
Turning Point Brands reported total assets of $190,000,000 as of December 31, 2024.
What was the company's net income for the fiscal year ended December 31, 2024?
The net income for the fiscal year ended December 31, 2024, was $2,471,405.
When did Turning Point Brands file its 2024 10-K report?
Turning Point Brands filed its 2024 10-K report on March 6, 2025.
What were the total liabilities of Turning Point Brands at the end of fiscal year 2024?
The total liabilities for Turning Point Brands at the end of fiscal year 2024 were $17,729,481.
What were the net sales reported by Turning Point Brands for the fiscal year 2024?
Turning Point Brands reported net sales of $20,200,886 for the fiscal year 2024.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 6, 2025 regarding Turning Point Brands, Inc. (TPB).