ToughBuilt Industries, Inc. (TBLT)

NASDAQ: TBLT · IEX Real-Time Price · USD
3.710
-0.160 (-4.13%)
At close: Mar 1, 2024, 3:59 PM
3.750
+0.040 (1.08%)
After-hours: Mar 1, 2024, 7:43 PM EST
-4.13%
Market Cap 2.87M
Revenue (ttm) 89.62M
Net Income (ttm) -51.31M
Shares Out 774.50K
EPS (ttm) -198.25
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 221,813
Open 3.870
Previous Close 3.870
Day's Range 3.660 - 3.970
52-Week Range 3.210 - 129.350
Beta 1.99
Analysts Strong Buy
Price Target 130.00 (+3,404.04%)
Earnings Date Mar 13, 2024

About TBLT

ToughBuilt Industries, Inc. engages in design, development, manufacture, and distribution of home improvement and construction products for the building industry in the United States and internationally. It offers tool pouches, tool rigs, tool belts and accessories, tools bags, totes, various storage solutions, and office organizers/bags for laptop/tablet/cellphones, etc.; and kneepads. The company also provides sawhorses, miter saws, table saws, roller stands, and workbenches; sawhorse/jobsite tables; and digital measures, including lasers and... [Read more]

Sector Industrials
IPO Date Nov 9, 2018
Employees 259
Stock Exchange NASDAQ
Ticker Symbol TBLT
Full Company Profile

Financial Performance

In 2022, TBLT's revenue was $95.25 million, an increase of 36.03% compared to the previous year's $70.03 million. Losses were -$46.76 million, 24.6% more than in 2021.

Financial Statements

Analyst Forecast

According to one analyst, the rating for TBLT stock is "Strong Buy" and the 12-month stock price forecast is $130.0.

Price Target
$130.0
(3,404.04% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

ToughBuilt Industries Announces Closing of $3.5 Million Public Offering

IRVINE, Calif., Feb. 16, 2024 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), today announced the closing of its previously announced public offe...

16 days ago - GlobeNewsWire

ToughBuilt Industries Announces Pricing of $3.5 Million Public Offering

IRVINE, Calif., Feb. 14, 2024 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), today announced the pricing of a public offering of 772,628 shares ...

18 days ago - GlobeNewsWire

ToughBuilt Industries Accelerates Growth with Expanded StackTech® Ecosystem, Targeting $6.8 Billion Market

IRVINE, Calif., Jan. 31, 2024 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt” or the Company”) (NASDAQ: TBLT; TBLTW), announced today that the Company released 16 additional products to ...

4 weeks ago - GlobeNewsWire

ToughBuilt Industries, Inc. Announces Reverse Stock Split

Common Stock Will Begin Trading on a Split-Adjusted Basis of 1-for-65 Common Stock Will Begin Trading on a Split-Adjusted Basis of 1-for-65

2 months ago - GlobeNewsWire

ToughBuilt Industries Announces Third Quarter 2023 Results

Revenue increased 9% quarter-over-quarter to $20.6 million  Operating expenses decreased 11% year-over-year to $15.4 million, over $2 million saved.

3 months ago - GlobeNewsWire

Toughbuilt Industries to Report Third Quarter 2023 Financial Results on November 14, 2023

LAKE FOREST, Calif., Nov. 13, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), today reports that it will hold an earnings call to discuss the Company's 2023 ...

3 months ago - GlobeNewsWire

ToughBuilt Industries Launched Innovative StackTech™ Line: A Mobile Stacking Tool Organization Ecosystem

IRVINE, Calif., Oct. 24, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt” or the Company”) (NASDAQ: TBLT; TBLTW), announced today that the Company has released its revolutionary Stac...

4 months ago - GlobeNewsWire

ToughBuilt Industries Announces Distribution of Series H Preferred Stock to Holders of its Common Stock

IRVINE, Calif., Sept. 21, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries Inc. (NASDAQ: TBLT; TBLTW) (“ToughBuilt” or the “Company”) today announced that its Board of Directors declared a dividend of o...

5 months ago - GlobeNewsWire

Toughbuilt Industries Announces Second Quarter 2023 Results

Revenue increased 5.5% year-over-year to $18.9 million Gross profit increased 18.5% year-over-year to $5.8 million Gross Margin increased by 330 basis points year-over-year to 31% Net loss improved 53...

6 months ago - GlobeNewsWire

ToughBuilt Industries to Report Second Quarter 2023 Financial Results on August 22, 2023

LAKE FOREST, Calif., Aug. 17, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), today reports that it will hold an earnings call to discuss the Company's 2023 ...

7 months ago - GlobeNewsWire

ToughBuilt Industries Expands European Distribution in France and Spain

IRVINE, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt” or the “Company") (NASDAQ: TBLT; TBLTW) has announced today, the Company is expanding distribution in the Eu...

7 months ago - GlobeNewsWire

ToughBuilt Expands Distribution in the United Kingdom, Entering into Two of The Largest National Trade Retailers

IRVINE, Calif., Aug. 03, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt” or the Company”) (NASDAQ: TBLT; TBLTW), announced today that the Company is expanding distribution to custom...

7 months ago - GlobeNewsWire

ToughBuilt Industries Reports $3.61 Million in Q2 2023 Sales Through Amazon

IRVINE, Calif., July 11, 2023 (GLOBE NEWSWIRE) -- {{DATELINECITY_DATE_GLOBENEWSWIRE_BUG}ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), announced today that the Company's gross sales...

8 months ago - GlobeNewsWire

ToughBuilt Industries Announces Closing of $4.5 Million Public Offering

IRVINE, Calif., June 23, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), today announced the closing of its previously announced public offe...

9 months ago - GlobeNewsWire

ToughBuilt Industries Announces Pricing of $4.5 Million Public Offering

IRVINE, Calif., June 21, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), today announced the pricing of a public offering of 10,975,611 shar...

9 months ago - GlobeNewsWire

ToughBuilt Industries to Report First Quarter 2023 Financial Results on May 22, 2023

IRVINE, Calif., May 17, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), reports today that it will broadcast a pre-recorded earnings call wh...

10 months ago - GlobeNewsWire

ToughBuilt Industries Reports $3.8 Million In Q1 2023 Sales Through Amazon

Increased Amazon Sales in Q1 represents a 10% growth from the same period in 2022 Increased Amazon Sales in Q1 represents a 10% growth from the same period in 2022.

11 months ago - GlobeNewsWire

CORRECTION -- ToughBuilt Industries Announces Fourth Quarter and Full Year 2022 Results

ToughBuilt Industries Announces Fourth Quarter and Full Year 2022 Results

1 year ago - GlobeNewsWire

ToughBuilt Industries to Report Fourth Quarter and Full Year 2022 Financial Results on March 15, 2023

LAKE FOREST, Calif., March 03, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), today reports that it will hold an earnings call to discuss the Company's 2022...

1 year ago - GlobeNewsWire

ToughBuilt Announces Innovative New Line of Pliers and Clamps

The new line adds more than 40 additional SKUs to ToughBuilt's current hand tools product offering The new line adds more than 40 additional SKUs to ToughBuilt's current hand tools product offering

1 year ago - GlobeNewsWire

Toughbuilt Industries Announces the Launch of New Handheld Wrenches

IRVINE, Calif., Jan. 30, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW) announced today the launch of more than 20 new SKUs into the Handheld Wrenches segmen...

1 year ago - GlobeNewsWire

ToughBuilt Announces New Expanded South American Distribution Agreement With Sodimac

IRVINE, Calif., Jan. 25, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), is pleased to announce that the Company is expanding its distribution agreement with...

1 year ago - GlobeNewsWire

ToughBuilt Industries Launches All-New Screwdrivers

IRVINE, Calif., Jan. 17, 2023 (GLOBE NEWSWIRE) --  ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW) announced today the launch of more than 40 new SKUs into the Handheld Screwdrivers s...

1 year ago - GlobeNewsWire

ToughBuilt Industries Announces 15.91 Million USD in Amazon 2022 Sales

IRVINE, Calif., Jan. 09, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW) announced today that gross global Amazon sales for 2022 through Amazon.com were appro...

1 year ago - GlobeNewsWire

ToughBuilt Industries Launched 200+ New SKUs in 2022

IRVINE, Calif., Dec. 19, 2022 (GLOBE NEWSWIRE) --  ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW) closes a year of landmark product launches and accolades, having announced more than...

1 year ago - GlobeNewsWire