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

Over the last four quarters, 1606 Corp. achieved steady financial progress, growing revenue from $50.00 in Q4 2023 to $0.00 in Q3 2024. Gross profit stayed firm with margins at N/A in Q3 2024 versus 7672% in Q4 2023. Operating income totaled -$3.25M in Q3 2024, maintaining a N/A margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$3.47M. Net income dropped to -$3.57M, with EPS at -$0.04. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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