Kaival Brands Innovations Group, Inc. (KAVL)
| Market Cap | 43.53M |
| Revenue (ttm) | 12.45M |
| Net Income (ttm) | -14.58M |
| Shares Out | 56.17M |
| EPS (ttm) | -0.32 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 22,177 |
| Open | 0.757 |
| Previous Close | 0.790 |
| Day's Range | 0.757 - 0.840 |
| 52-Week Range | 0.600 - 2.530 |
| Beta | 3.08 |
| Analysts | Buy |
| Price Target | 2.04 (+163.23%) |
| Earnings Date | Mar 17, 2023 |
About KAVL
Kaival Brands Innovations Group, Inc. distributes electronic nicotine delivery systems (ENDS Products) and related components in the Unites States. The company offers Bidi Stick, a disposable and tamper-resistant ENDS Product in various flavor options; and Bidi Pouch, a tobacco-free nicotine formulation, which contains natural fibers and a chew-base filler in different flavors. It sells its products to non-retail customers through website bidivapor.com. The company was formerly known as Quick Start Holdings, Inc. and changed its name to Kaival ... [Read more]
Financial Performance
In 2022, KAVL's revenue was $12.76 million, a decrease of -78.29% compared to the previous year's $58.78 million. Losses were -$14.37 million, 59.1% more than in 2021.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for KAVL stock is "Buy." The 12-month stock price forecast is $2.04, which is an increase of 163.23% from the latest price.
News
Kaival Brands Reports Fiscal 2023 First Quarter Financial Results
Company significantly bolsters distribution following agreements with national brokers Company significantly bolsters distribution following agreements with national brokers
Kaival Brands Highlights the Official Launch of VEEBA in United Kingdom by Philip Morris International's UK Affiliate
U.K. rollout comes as health experts call for renewed focus on adult smokers, while still avoiding underage use and landfill waste U.K. rollout comes as health experts call for renewed focus on adult ...
Kaival Brands Reports Fiscal Fourth Quarter 2022 and Full-Year 2022 Financial Results
Kaival Looks Towards Fiscal 2023 Following Philip Morris International Distribution Agreement and Favorable Decision by Appellate Court Allowing for Renewed Non-Tobacco Flavored BIDI® Sticks Sales Out...
Kaival Marketing Services Hires Former Swisher International VP of Sales
Kaival Brands' marketing and sales vendor hires industry veteran Dean Simmons as part of the drive to maximize revenue growth potential Kaival Brands' marketing and sales vendor hires industry veteran...
Kaival Brands Prepares to Support Growth with Extended Marketing and Sales Service Agreement
Three-year agreement bolsters corporate infrastructure, reduces spending in preparation for anticipated increase in sales activity following Bidi Vapor merits case win Three-year agreement bolsters co...
Kaival Brands Reports Fiscal 2022 Third Quarter Financial Results
Renewed Prospects for Revenue Growth Following Recent Appellate Court Decision Favoring Bidi Vapor's Marketing Applications for Non-Tobacco Flavored BIDI Sticks Renewed Prospects for Revenue Growth Fo...
Kaival Brands to Participate Virtually at the H.C. Wainwright 24th Annual Global Investment Hybrid Conference September 12-14, 2022
GRANT, Fla., Sept. 08, 2022 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company," or "we"), the...
Why Is Kaival Brands (KAVL) Stock Soaring 20% Today?
It's been a legal rollercoaster ride for Kaival Brands (NASDAQ: KAVL) lately. Earlier, the U.S. Food and Drug Administration (FDA) rejected Premarket Tobacco Product Applications for the non-tobacco ...
Bidi Vapor Wins Merits Case Against FDA; Kaival Brands Anticipates Revenue Growth From Decision
Federal Appeals Court sets aside Bidi Vapor's Marketing Denial Order (“MDO”) for its non-tobacco flavored ENDS, and remands back to FDA for further review Federal Appeals Court sets aside Bidi Vapor's...
Kaival Brands (KAVL) Stock Pops as International Licensing Agreement Moves Forward
Heavy buying pressure in KAVL stock is following on the heels of an agreement with a tobacco giant and an e-vapor device launch. The post Kaival Brands (KAVL) Stock Pops as International Licensing Agr...
International Licensing Agreement between Kaival Brands & Philip Morris International Moves into Next Phase
Bidi Vapor IP, patents, and development methods used to launch VEEBA outside of the U.S. GRANT, Fla. , July 25, 2022 /PRNewswire/ -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Bran...
Vaping Industry Reacts as FDA Deadline on Synthetic Nicotine Arrives
Kaival Brands supports enforcement of new prohibition on ENDS that use non-tobacco derived or synthetic nicotine GRANT, Fla. , July 14, 2022 /PRNewswire/ -- Kaival Brands Innovations Group, Inc. (NASD...
Kaival Brands Gears Up for International Expansion with Leadership Changes
COO Eric Mosser will take helm of U.S. distributor for Bidi Vapor products; Niraj Patel to remain on Board of Directors GRANT, Fla. , June 27, 2022 /PRNewswire/ -- Kaival Brands Innovations Group, Inc...
Kaival Brands Reports Fiscal 2022 Second Quarter Financial Results
Recently Signed Agreement with Affiliate of Philip Morris International Could Dramatically Drive Global Distribution; Accelerate Delivery of a Smoke-Free Future GRANT, Fla. , June 21, 2022 /PRNewswire...
Why Is Kaival Brands (KAVL) Stock Up 20% Today?
Despite this year's down market, KAVL stock, a small vape company, continue to rise, having gained more than 170% year-to-date. The post Why Is Kaival Brands (KAVL) Stock Up 20% Today?
Why Kaival Brands Stock Is Soaring
Kaival Brands Innovations Group Inc (NASDAQ: KAVL) shares are trading significantly higher Tuesday after the company reached an agreement with Phillip Morris for international electronic nicotine deli...
Kaival Brands Reaches Agreement with Philip Morris International for International Electronic Nicotine Delivery System Product Distribution
Patent, product development deal may significantly expand international reach of Bidi Vapor technology, formulation GRANT, Fla. , June 13, 2022 /PRNewswire/ -- Kaival Brands Innovations Group, Inc. (N...
Kaival Brands to Present at Sidoti May Micro Cap Virtual Conference
GRANT, Fla., May 4, 2022 /PRNewswire/ -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company," or "we"), the exclusive global distributor of all products manufactured b...
Kaival Brands Expands Distribution for Bidi Vapor
Distribution expected to reach 28,000 additional stores GRANT, Fla. , April 18, 2022 /PRNewswire/ -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company," or "we"), the...
5 Short Squeeze Candidates To Watch: Kaival Tops The List Again, Oil And Agriculture Stocks Join With Rising Prices
Potential short squeeze plays gained steam in 2021, with new retail traders looking for the next huge move. A short squeeze can occur when a heavily shorted stock rises in value instead of falling.
5 Short Squeeze Candidates To Watch: Kaival Brands Cost To Borrow Hits Record 409%, Blink Charging And Weber Grills Move Up
Potential short squeeze plays gained steam in 2021, with new retail traders looking for the next huge move. A short squeeze can occur when a heavily shorted stock rises in value instead of falling.
Kaival Brands Innovations Group, Inc. Regains Compliance with Nasdaq Minimum Bid Price Listing Requirement
GRANT, Fla., Feb. 18, 2022 /PRNewswire/ -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company," or "we"), the exclusive global distributor of all products manufactured...
Kaival Brands Reports Fiscal 2021 Year End Results
GRANT, Fla., Feb. 16, 2022 /PRNewswire/ -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company," or "we"), is the exclusive global distributor of products manufactured ...
KAVL Stock: 5 Things to Know About Vaping Play Kaival as Shares Rip Higher
Shares of KAVL stock are soaring after Bidi Vapor received a judicial stay for its ENDS products. What's next for the vape company?
Bidi Vapor Wins Judicial Stay of FDA's Marketing Denial Order
GRANT, Fla., Feb. 3, 2022 /PRNewswire/ -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company," or "we"), is the exclusive global distributor of products manufactured b...