Kaival Brands Innovations Group, Inc. (KAVL)

NASDAQ: KAVL · IEX Real-Time Price · USD
3.400
-0.860 (-20.19%)
At close: Apr 17, 2024, 4:00 PM
3.890
+0.490 (14.41%)
Pre-market: Apr 18, 2024, 5:00 AM EDT
-20.19%
Market Cap 9.50M
Revenue (ttm) 13.77M
Net Income (ttm) -10.43M
Shares Out 2.79M
EPS (ttm) -3.63
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 737,053
Open 4.180
Previous Close 4.260
Day's Range 3.250 - 4.650
52-Week Range 1.111 - 20.265
Beta 0.36
Analysts n/a
Price Target n/a
Earnings Date Jun 12, 2024

About KAVL

Kaival Brands Innovations Group, Inc. sells, markets, and distributes electronic nicotine delivery system (ENDS) products and related components in the United States. The company offers Bidi Stick, a disposable and tamper-resistant ENDS product in various flavor options for adult cigarette smokers. It sells its products to non-retail customers through convenience stores and the website www.wholesale.bidivapor.com. The company was formerly known as Quick Start Holdings, Inc. and changed its name to Kaival Brands Innovations Group, Inc. in July 2... [Read more]

Industry Tobacco
Founded 1998
Employees 18
Stock Exchange NASDAQ
Ticker Symbol KAVL
Full Company Profile

Financial Performance

In 2023, KAVL's revenue was $13.09 million, an increase of 2.55% compared to the previous year's $12.76 million. Losses were -$11.25 million, -21.75% less than in 2022.

Financial Statements

News

Kaival Brands Reports Fiscal 2024 First Quarter Financial Results and Provides Business Update

Heightens Focus on Valuable Patent Portfolio; Engages Investment Bank to Assist in Exploration of Strategic Alternatives for Parent Company Heightens Focus on Valuable Patent Portfolio; Engages Invest...

21 days ago - GlobeNewsWire

Kaival Brands Provides Business Update in Letter to Shareholders

Senior leadership driving change by maximizing core opportunities, revamping internal processes, and pursuing platform diversification Senior leadership driving change by maximizing core opportunities...

2 months ago - GlobeNewsWire

Kaival Brands Partner Bidi Vapor to Contest FDA Denial of ‘Classic' Tobacco-Flavored ENDS

MDO applies only to one Bidi device, ten other flavors still in PMTA process Kaival Brands remains focused on driving revenue and platform diversification GRANT-VALKARIA, Fla., Jan. 29, 2024 (GLOBE NE...

2 months ago - GlobeNewsWire

Kaival Brands Innovations Group Announces Reverse Stock Split

1-for-21 reverse stock split to become effective as of the opening of trading on Thursday, January 25, 2024 1-for-21 reverse stock split to become effective as of the opening of trading on Thursday, J...

3 months ago - GlobeNewsWire

Kaival Brands Appoints Executive Chairman Barry Hopkins as Interim Chief Executive Officer and President

Former Altria and Turning Point Brands Senior Executive Brings Decades of Experience and Relationships to Kaival Brands Former Altria and Turning Point Brands Senior Executive Brings Decades of Experi...

3 months ago - GlobeNewsWire

Kaival Brands Appoints James W. Dobbins as Senior Vice President, General Counsel

Former Turning Point Brands (NYSE: TPB) General Counsel brings more than three decades of corporate counsel experience focused on nicotine, cannabis, and adjacent consumer categories Former Turning Po...

4 months ago - GlobeNewsWire

Kaival Brands Expands Senior Management Team with the Appointment of Barry Hopkins as Executive Chairman

40-year tobacco industry veteran will work with existing management team to refine corporate vision and execute on Kaival Brands revenue generation and operational strategies 40-year tobacco industry ...

5 months ago - GlobeNewsWire

Kaival Brands Leads the Way in Compliance as FDA Ramps Up Enforcement of Illicit Vape Products

GRANT-VALKARIA, Fla., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company" or "we,” “our” or similar terms), the exclusive distributor...

5 months ago - GlobeNewsWire

Kaival Brands Innovations Group, Inc. Highlighted in Updated Research Report Released by Harbinger Research, LLC

The report was prepared by Brian R. Connell, Chartered Financial Analyst (CFA) The report was prepared by Brian R. Connell, Chartered Financial Analyst (CFA)

6 months ago - GlobeNewsWire

Kaival Brands to Present at the Fall Foliage MicroCap Rodeo Conference

GRANT-VALKARIA, Fla., Oct. 09, 2023 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company," or "we"), the exclusive U.S. distributor of all products m...

6 months ago - GlobeNewsWire

NOTICE TO DISREGARD -- Kaival Brands Innovations Group, Inc.

GRANT-VALKARIA, Fla., Sept. 21, 2023 (GLOBE NEWSWIRE) -- We are advised by Kaival Brands Innovations Group, Inc. that journalists and other readers should disregard the news release, “Kaival Brands An...

7 months ago - GlobeNewsWire

Kaival Brands Receives Initial Royalty Payment from Philip Morris International Following Increased International Sales

Record International Sales in July 2023 Follows Recently Amended Agreement with Philip Morris International GRANT-VALKARIA, Fla., Sept. 21, 2023 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, In...

7 months ago - GlobeNewsWire

Kaival Brands Reports Fiscal 2023 Third Quarter Financial Results and Highlights Recent Achievements

Stable Revenues and Improving Gross Margin and Net Profits Expanding Distribution, Revised PMI Licensing Agreement and More Favorable Regulatory Environment Expected to Serve as Strong Tailwinds for I...

7 months ago - GlobeNewsWire

Kaival Brands Announces Bulk Order for BIDI Sticks from H.T. Hackney

Single Order Valued at Over $750,000 Shipped in Fiscal Fourth Quarter Single Order Valued at Over $750,000 Shipped in Fiscal Fourth Quarter

7 months ago - GlobeNewsWire

Kaival Brands to Present at LD Micro Main Event XVI

GRANT-VALKARIA, Fla., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company," or "we"), the exclusive U.S. distributor of all products ...

7 months ago - GlobeNewsWire

Kaival Brands' Senior Leadership Attending NACS Show 2023

GRANT-VALKARIA, Fla., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company," or "we"), the exclusive U.S. distributor of all products ...

7 months ago - GlobeNewsWire

Kaival Brands Commends Recent FDA Regulation Efforts

GRANT-VALKARIA, Fla., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company," or "we"), the exclusive U.S. distributor of all products m...

8 months ago - GlobeNewsWire

Kaival Brands Adds Over 1,500 Locations to its Circle K Rollout

Product is now in more than 2,700 Circle K locations within the South Atlantic and Midwest regions, up from just over 1,000 in June Product is now in more than 2,700 Circle K locations within the Sout...

8 months ago - GlobeNewsWire

Kaival Brands to Present at H.C. Wainwright 25th Annual Global Investment Conference

Virtual presentation to be available starting on September 11 at 7 A.M. Eastern time GRANT-VALKARIA, Fla.

8 months ago - GlobeNewsWire

Kaival Brands: Positioning for the Future

FDA Scientific Review Update, Patent Portfolio Acquisition, International Royalties FDA Scientific Review Update, Patent Portfolio Acquisition, International Royalties

8 months ago - GlobeNewsWire

Kaival Brands Amends Agreement with Phillip Morris International for Distribution of ENDS Products

GRANT-VALKARIA, Fla., Aug. 17, 2023 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company" or "we,” “our” or similar terms), the exclusive distributor...

8 months ago - GlobeNewsWire

Kaival Brands Appoints New Chief Executive Officer and Chief Financial Officer

Former Turning Points Brands executive Thomas Metzler brings decades of finance and operational industry experience to Kaival Brands as its new Chief Financial Officer

9 months ago - GlobeNewsWire

Nasdaq Grants Kaival Brands 180-day Extension to Regain Compliance

GRANT-VALKARIA, Fla., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company" or "we,” “our” or similar terms), a company focused on incu...

9 months ago - GlobeNewsWire

Harbinger Research Publishes New Research Report on Kaival Brands Innovations Group, Inc.

Prepared by Brian R. Connell, CFA, the report offers in-depth analysis of the Company's business, share value, and likely future growth. Prepared by Brian R. Connell, CFA, the report offers in-depth a...

10 months ago - GlobeNewsWire

Kaival Brands Launches Distribution of BIDI® Stick in Over 900 Kwik Trip and Mapco Locations

Initial product shipped and ramp-up into more than 1,200 locations nationally is underway Initial product shipped and ramp-up into more than 1,200 locations nationally is underway

10 months ago - GlobeNewsWire