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Twinlab Consolidated Holdings Inc   (TLCC)
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Price: $0.0075 $0.00 -28.571%
Day's High: $0.0075 Week Perf: -80.26 %
Day's Low: $ 0.01 30 Day Perf:
Volume (M): 20 52 Wk High: $ 0.11
Volume (M$): $ 0 52 Wk Avg: $0.05
Open: $0.01 52 Wk Low: $0.01



 Market Capitalization (Millions $) 2
 Shares Outstanding (Millions) 259
 Employees -
 Revenues (TTM) (Millions $) 26
 Net Income (TTM) (Millions $) -16
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Twinlab Consolidated Holdings Inc
Twinlab Consolidated Holdings Inc is a leading manufacturer and distributor of health and wellness products. They specialize in vitamins, minerals, and sports nutrition supplements. The company was founded in 1968 and is headquartered in New York. They have a strong reputation for providing high-quality products and are committed to promoting healthy living through their product offerings.


   Company Address: 4800 T-Rex Avenue, Suite 225 Boca Raton 33431 FL
   Company Phone Number: 443-4301   Stock Exchange / Ticker: TLCC
   TLCC is expected to report next financial results on March 30, 2024.


   

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Twinlab Consolidated Holdings Inc

Twinlab Consolidated Holdings Inc Reports Alarming Loss in Third Quarter of 2023 Earnings Season



Twinlab Consolidated Holdings Inc (TLCC) recently disclosed its financial performance for the three months ending September 30, 2023, revealing a worrying downturn in revenue and net deficit compared to the previous year. This article aims to provide a balanced and informative analysis of TLCC's financial situation and compare it to the broader legal cannabis sector.
Financial Overview:
During the third quarter of 2023, TLCC's revenue plummeted by 78.54% to $3.33 million. Moreover, the net deficit per share increased to $-0.02, from the comparable quarter a year before. These figures indicate a significant deterioration in TLCC's financial performance compared to the corresponding period last year.

Twinlab Consolidated Holdings Inc

Significant Decline: Twinlab Consolidated Holdings Inc Struggles with -67.014% Drop in Revenue in Q2 2023


Introduction
Twinlab Consolidated Holdings Inc (TLCC) recently released its financial report for the fiscal interval closing on June 30, 2023. Unfortunately, the company faced significant challenges during this period, with its revenue decreasing by a staggering 67.014% to $4.77 million. Additionally, TLCC experienced a net loss per share of $-0.02, which indicates a decline from the corresponding reporting season a year prior.
Declining Revenue and Net Loss
The most concerning aspect of TLCC's financial report is the substantial decline in revenue. Compared to the previous reporting season, TLCC's revenue tumbled by 47.091% from $9.02 million. This decrease can be attributed to various factors, including changes in consumer behavior, market conditions, and internal management issues.






 

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