Laird Superfood, Inc. (LSF)

Laird Superfood Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	47.03	43.3	34.22	35.83	36.81	25.78
Revenue Growth (YoY)	22.79%	26.50%	-4.48%	-2.67%	42.77%	96.76%
Cost of Revenue	27.82	25.61	23.91	30.64	27.38	19.2
Gross Profit	19.21	17.69	10.31	5.19	9.43	6.58
Selling, General & Admin	20.57	19.86	21.01	28.11	32.35	19.27
Research & Development	-	-	-	0.43	1.03	0.24
Operating Expenses	20.57	19.86	21.01	28.54	33.38	19.51
Operating Income	-1.36	-2.17	-10.7	-23.35	-23.94	-12.93
Interest & Investment Income	-	-	-	-	-	0.06
Other Non Operating Income (Expenses)	0.32	0.41	0.55	0.25	0.1	-
EBT Excluding Unusual Items	-1.04	-1.76	-10.15	-23.11	-23.84	-12.86
Impairment of Goodwill	-	-	-	-6.49	-0.01	-
Gain (Loss) on Sale of Investments	-	-	-	-0.2	-	0.01
Asset Writedown	-	-	-	-6.33	-	-
Other Unusual Items	-	-	-	-4.2	-	-
Pretax Income	-1.04	-1.76	-10.15	-40.32	-23.85	-12.85
Income Tax Expense	0.04	0.06	0.02	0.02	0.02	-
Net Income	-1.08	-1.82	-10.16	-40.34	-23.87	-12.85
Preferred Dividends & Other Adjustments	-	-	-	-	-	1.65
Net Income to Common	-1.08	-1.82	-10.16	-40.34	-23.87	-14.5
Shares Outstanding (Basic)	10	10	9	9	9	6
Shares Outstanding (Diluted)	10	10	9	9	9	6
Shares Change (YoY)	9.20%	6.99%	1.65%	1.81%	61.98%	51.20%
EPS (Basic)	-0.10	-0.18	-1.09	-4.41	-2.66	-2.61
EPS (Diluted)	-0.10	-0.18	-1.09	-4.41	-2.66	-2.61
Free Cash Flow	-3.48	0.84	-10.91	-15.47	-24.14	-15.74
Free Cash Flow Per Share	-0.34	0.09	-1.17	-1.69	-2.69	-2.84
Gross Margin	40.85%	40.85%	30.13%	14.48%	25.62%	25.52%
Operating Margin	-2.90%	-5.02%	-31.26%	-65.18%	-65.05%	-50.15%
Profit Margin	-2.30%	-4.20%	-29.70%	-112.59%	-64.85%	-56.24%
Free Cash Flow Margin	-7.40%	1.94%	-31.88%	-43.17%	-65.58%	-61.06%
EBITDA	-1.11	-1.9	-10.39	-22.24	-22.96	-12.45
EBITDA Margin	-2.35%	-4.40%	-30.37%	-62.06%	-62.38%	-48.30%
D&A For EBITDA	0.26	0.27	0.31	1.12	0.98	0.47
EBIT	-1.36	-2.17	-10.7	-23.35	-23.94	-12.93
EBIT Margin	-2.90%	-5.02%	-31.26%	-65.18%	-65.05%	-50.15%
Advertising Expenses	-	-	-	6.91	7.57	4.26

Updated May 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q