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1606 Corp.
CBDW•PNK
Consumer Defensive
Tobacco
$0.001
$-0.00(-52.17%)

The company's financials show resilient growth, with revenue advancing from $50.00 in Q4 2023 to $0.00 in Q3 2024. Gross profit remained healthy with margins at N/A in Q3 2024 compared to 7672% in Q4 2023. Operating income hit -$3.25M last quarter, sustaining a consistent N/A margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$3.47M. Net income dropped to -$3.57M, while earnings per share reached -$0.04. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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