Turning Point Brands, Inc. (TPB)

Turning Point Brands Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	405.39	415.01	445.47	405.11	361.99
Revenue Growth (YoY)	-2.32%	-6.84%	9.96%	11.91%	8.81%
Cost of Revenue	202.15	209.48	227.64	215.12	224.87
Gross Profit	203.24	205.54	217.83	189.99	137.12
Selling, General & Admin	125.01	130.02	127.51	125.56	109.89
Other Operating Expenses	-4.35	27.57	0	0	0
Operating Expenses	120.66	157.59	127.51	125.56	109.89
Operating Income	82.58	47.95	90.32	64.43	27.23
Interest Expense / Income	14.65	19.52	20.5	13.49	14.44
Other Expense / Income	5.57	11.93	3.72	0.79	-6.3
Pretax Income	62.36	16.49	66.1	50.15	19.1
Income Tax	23.9	4.85	14.04	11.96	2.86
Net Income	38.46	11.64	52.06	38.19	16.23
Net Income Growth	230.40%	-77.64%	36.31%	135.27%	-35.81%
Shares Outstanding (Basic)	18	18	19	19	20
Shares Outstanding (Diluted)	20	18	22	23	23
Shares Change	13.36%	-19.33%	-2.42%	-1.30%	17.21%
EPS (Basic)	2.19	0.65	2.75	1.97	0.83
EPS (Diluted)	2.01	0.64	2.52	1.85	0.78
EPS Growth	214.06%	-74.60%	36.22%	137.18%	-39.06%
Free Cash Flow	61.18	22.65	62.12	37.55	33.1
Free Cash Flow Per Share	3.48	1.26	3.28	1.94	1.69
Dividend Per Share	0.260	0.240	0.220	0.200	0.180
Dividend Growth	8.33%	9.09%	10.00%	11.11%	9.09%
Gross Margin	50.13%	49.53%	48.90%	46.90%	37.88%
Operating Margin	20.37%	11.55%	20.28%	15.90%	7.52%
Profit Margin	9.49%	2.80%	11.69%	9.43%	4.48%
Free Cash Flow Margin	15.09%	5.46%	13.94%	9.27%	9.14%
Effective Tax Rate	38.33%	29.41%	21.24%	23.84%	14.99%
EBITDA	80.27	39.4	89.7	67.24	36.53
EBITDA Margin	19.80%	9.49%	20.14%	16.60%	10.09%
Depreciation & Amortization	3.26	3.39	3.11	3.61	3
EBIT	77.01	36.01	86.6	63.64	33.53
EBIT Margin	19.00%	8.68%	19.44%	15.71%	9.26%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).