Price: $0.0012
$0.00
-68.421%
|
Day's High:
| $0.0038
| Week Perf:
| -76 %
|
Day's Low: |
$ 0.00 |
30 Day Perf: |
-72.09 % |
Volume (M): |
625 |
52 Wk High: |
$ 0.13 |
Volume (M$): |
$ 1 |
52 Wk Avg: |
$0.00 |
Open: |
$0.00 |
52 Wk Low: |
$0.00 |
|
|
Market Capitalization (Millions $) |
15 |
Shares
Outstanding (Millions) |
12,196 |
Employees |
21 |
Revenues (TTM) (Millions $) |
4 |
Net Income (TTM) (Millions $) |
-8 |
Cash Flow (TTM) (Millions $) |
1 |
Capital Exp. (TTM) (Millions $) |
0 |
Sugarmade Inc
Our main business operation, CarryOutSupplies.com, is a producer and wholesaler
of custom printed and generic supplies and has served more than 3,000 quick
service restaurants. Our products include double poly paper cups for cold beverage;
disposable, clear, plastic cold cups, paper coffee cups, yogurt cups, ice cream
cups, cup lids, cup sleeves, food containers, soup containers, plastic spoons
and many other similar products for this market sector. CarryOutSupplies.com
was founded in 2009 when the founders gained first-hand experience within the
restaurant industry of the difficulty for restaurant owners to acquire custom
printed supplies at a reasonable cost. Many quick service restaurants wish to
acquire custom printed products, such as those embossed with logos, but the
minimum order size for such customization had been cost prohibitive. With that
in mind, carry out supplies was founded to provide products to this underserved
section of the market. Since that time, the company has become a key supplier
to many popular U.S. franchises, particularly in the frozen dessert segments.
The company estimates it holds approximately 40% market share of generic and
printed products within the take out frozen yogurt and ice cream industries.
We also hold a product supply and licensing agreement FreeHand® ThumbTray™
for the western part of the United States.
We are also a distributor of paper made from 100% reclaimed sugarcane fiber,
enhanced with bamboo. Sugarcane fiber, called bagasse, is a discarded byproduct
of sugarcane production. Sugarmade, Inc. was founded in 2010. As is explained
below, in 2014, CarryOutSupplies.com was acquired by Sugarmade, Inc., creating
the Company as it is today. Relative to Sugarmade Paper, our third-party contract
manufacturer uses bagasse and bamboo, as opposed to wood products significantly
reducing its manufacturing carbon footprint, energy consumption, and attendant
water pollution during the manufacture of its products. This allows us to offer
our unique, exclusive, tree-free paper products at price-parity equal to or
less than current recycled fiber products already on the market. Our products
are unique and we believe offer an ideal solution for those consumers (both
corporate and individual) seeking to meet their sustainability mandates or personal
environmentally conscious goals, at a price that is equal to or less than current
recycled products. We are currently restructuring this business unit to focus
on the organization and administration of fundraisers and paper drives for schools,
non-profits and other institutions.
Company Address: 750 Royal Oaks Dr. Monrovia 91016 CA
Company Phone Number: 982-1628 Stock Exchange / Ticker: SGMD
|
|
Customers Net Income grew by |
SGMD's Customers Net Profit Margin grew to |
31.81 % |
18.2 %
|
|
|
|
|
|
Stock Performances by Major Competitors |
|
|
Glatfelter Corporation
Glatfelter Corporation, a global supplier of engineered materials, recently announced a significant partnership with Tzuriel, a prominent importer and exporter of specialty products in Brazil. This collaboration aims to strengthen the presence of the Sontara brand in Latin America and expand the company's market reach in the region. Despite this positive development, Glatfelter Corporation has encountered financial challenges, which we will examine in this article and evaluate their impact on the company. In terms of financial performance, Glatfelter Corporation has made noteworthy progress. For the fiscal year ending on December 31, 2023, the company reduced its loss per share to $-0.19 compared to $-3.34 the previous year. Additionally, the income per share improved from $-0.43 per share in the prior reporting period. While these figures indicate a positive trend for the company, it is essential to consider their impact on the overall financial status of Glatfelter Corporation.
|
Avery Dennison Corporation
Avery Dennison Corporation Reports Strong Fourth Quarter Earnings Growth Amidst Challenging Industry Trends Avery Dennison Corporation (NYSE:AVY) recently released its preliminary, unaudited results for the fourth quarter and full year ended December 30, 2023. The company reported solid earnings growth, outperforming its peers in the Paper and Paper Products sector. During the fourth quarter of 2023, Avery Dennison's income increased by 17.16% to $1.78 per share, compared to $1.52 per share in the same quarter a year ago. Furthermore, income improved by 3.83% from the preceding quarter. This growth demonstrates the strong performance and resilience of AVY amidst a challenging market environment.
|
Sylvamo Corporation
Sylvamo Corporation, the world's leading paper company, continues to impress with its recent financial performance in the fourth quarter of the 2023 earnings season. Despite a challenging year for the Paper and Paper Products industry, Sylvamo displayed significant revenue growth, surpassing expectations and outperforming its peers. In the fourth quarter, Sylvamo Corporation reported revenue of $946.00 million, representing an impressive year-on-year increase of 19.899%. This growth is even more remarkable considering the rest of the Paper and Paper Products industry experienced a decline of -4.05% in their top-line during the same period. Additionally, quarter-on-quarter revenue surged by 5.463%, indicating a steady upward trajectory for Sylvamo.
|
Clearwater Paper Corporation
The recent financial results of Clearwater Paper Corporation paint a mixed picture of the company's performance. While the company managed to achieve profitability, there are some concerning trends that may impact its future outlook. One of the key points to consider is the decline in revenue, both compared to the previous year's quarter and the previous quarter. This indicates a shrinking demand for Clearwater Paper Corporation's products, which could be a result of various factors such as changing consumer preferences or increased competition in the market.
|
International Paper Company
International Paper Company, a leading paper and paper products company, has experienced a significant decrease in its shares over the past year. The company's shares dropped by 6.44% compared to the previous year. However, despite this decline, International Paper Company shares are showing a positive trend and are just 6.3% below their 52-week high. The drop in shares can be attributed to lower demand, which led to vanishing revenue and a larger loss for the company in the fourth quarter of 2023. During this period, International Paper Company reported a loss of $0.82 per share and a decrease in revenue of 8.227% to $4.54 billion year on year. This unfavorable performance can be seen in contrast to the overall trend in the Paper and Paper Products industry, which recorded a 0.12% growth in revenue compared to the same period a year ago.
|
Per Share |
Current |
Earnings (TTM) |
-0 $ |
Revenues (TTM) |
0 $
|
Cash Flow (TTM) |
0 $ |
Cash |
0 $
|
Book Value |
-
|
Dividend (TTM) |
0 $ |
|
Per Share |
|
Earnings (TTM) |
-0 $
|
Revenues (TTM) |
0 $ |
Cash Flow (TTM) |
0 $ |
Cash |
0 $
|
Book Value |
- |
Dividend (TTM) |
0 $ |
|
|
|
|