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Toughbuilt Industries Inc   (TBLT)
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Toughbuilt Industries Inc Net Income per Employee

TBLT's Quarterly Results, Trends, Rankings, Statistics

Toughbuilt Industries Inc recorded a cumulative net loss of $-51 million during 12 month ending in the third quarter 2023.
The Capital Goods sector has seen employees of 32 other companies achieving higher income per employee. While Toughbuilt Industries Inc 's total ranking has deteriorated compared to the previous quarter from 2799 to 2845.


What is Income per Employee Ratio?





TBLT Net Income per Employee (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Net Income Change - - - - -
Net Income per Employee (TTM) $ -1,115,453 -793,979 -933,341 -1,016,576 -840,345
TBLT's Total Ranking # 2845 # 2799 # 2852 # 3010 # 0
Seq. Net Income Change - - - - -


TBLT Net Income per Employee Company Ranking
Within: No.
Miscellaneous Manufacturing Industry # 33
Capital Goods Sector # 203
Overall Market # 2845

Net Income per Employee Statistics
High Average Low
$ 17,978 $ -549,151 $ -1,115,453
(Sep 30 2019)   (Sep 30 2023)




  News about Toughbuilt Industries Inc

ToughBuilt Industries Overcomes Financial Challenges with Successful Public Offering



In a significant announcement, ToughBuilt Industries, Inc. (NASDAQ: TBLT; TBLTW) has recently concluded its public offering, raising $3.5 million through the sale of 772,628 shares of common stock. The company, based in Irvine, California, has been facing substantial financial difficulties, leading to a cumulative net loss of $51 million in the 12 months ending in the third quarter of 2023. However, the successful offering, accompanied by warrants for the purchase of additional shares, is set to have a profound impact on ToughBuilt's future prospects.
Analyzing the Facts:
ToughBuilt Industries' completion of the public offering is a significant achievement for the company. The offering involved the issuance of 772,628 shares of common stock or pre-funded warrants at an offering price of $4.53 per share. Additionally, the issuance includes warrants to purchase up to the same number of shares of common stock at an exercise price of $4.405 per share, valid for a period of five years from the date of issuance.





Companies with similar Income per Employee for 12 month ending Sep 30 2023, within Capital Goods Sector Income per Employee Income 12 month ending Sep 30 2023Number of Employees Sep 30 2023


Date modified: 2024-01-10T05:56:44+00:00




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