Declared bankruptcy in Sep 2023
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TTCF - Tattooed Chef, Inc.

NASDAQ -> Consumer Defensive -> Packaged Foods
Paramount, United States
Type: Equity

TTCF price evolution
TTCF
(in millions $) 31 Mar 2023 31 Jan 2023 30 Sep 2022 30 Jun 2022
Current assets
Cash $3.51 $5.78 $14.22 $27.73
Short term investments
Net receivables $25.13 $20.98 $24.04 $32.32
Inventory $59.36 $77.96 $76.82 $62.62
Total current assets $93.05 $109.07 $122.25 $133.49
Long term investments
Property, plant & equipment $95.36 $97.75 $93.51 $80.12
Goodwill & intangible assets $1.56 $28.44 $26.8
Total noncurrent assets $97.25 $122.44 $107.36
Total investments
Total assets $190.3 $208.77 $244.69 $240.85
Current liabilities
Accounts payable $50.73 $57.23 $46.31 $30.58
Deferred revenue
Short long term debt $31.69 $27.44 $8.73
Total current liabilities $93.56 $93.37 $85.86 $49.21
Long term debt $26.13 $11.18 $17.29 $16.34
Total noncurrent liabilities $26.14 $17.42 $16.49
Total debt $57.82 $44.73 $25.07
Total liabilities $119.69 $120.42 $103.28 $65.69
Shareholders' equity
Retained earnings -$183.27 -$164.18 -$109.18 -$68.1
Other shareholder equity -$1.6 -$1.67 -$2.3 -$1.81
Total shareholder equity $70.23 $141.41 $175.16
(in millions $) 31 Jan 2023 31 Dec 2021 31 Dec 2020 31 Dec 2019
Current assets
Cash $5.78 $92.35 $131.58 $1.29
Short term investments
Net receivables $20.98 $25.12 $17.99 $9.44
Inventory $77.96 $54.56 $38.66 $17.96
Total current assets $109.07 $179.06 $206.47 $1.29
Long term investments $205.31
Property, plant & equipment $97.75 $60.15 $16.08 $8.24
Goodwill & intangible assets $27.07
Total noncurrent assets $88.14 $60.21 $205.31
Total investments $205.31
Total assets $208.77 $267.2 $266.68 $206.61
Current liabilities
Accounts payable $57.23 $28.33 $25.39 $0.5
Deferred revenue $1.71
Short long term debt $7.74 $0.2
Total current liabilities $93.37 $41.77 $30.35 $1.13
Long term debt $11.18 $7.32 $1.99 $3.1
Total noncurrent liabilities $8.13 $1.99 $7
Total debt $15.06 $2.19
Total liabilities $120.42 $49.9 $32.34 $8.14
Shareholders' equity
Retained earnings -$164.18 -$24.11 $63.54 $3.43
Other shareholder equity -$1.67 -$0.95 $0 -$0.44
Total shareholder equity $217.3 $234.34 $5
(in millions $) 31 Mar 2023 31 Jan 2023 30 Sep 2022 30 Jun 2022
Revenue
Total revenue $59.09 $51.39 $54.12 $58.11
Cost of revenue $63.24 $58.01 $57.37
Gross Profit -$4.15 -$12.73 -$3.9 $0.74
Operating activities
Research & development
Selling, general & administrative $14.71 $31.57 $24.35
Total operating expenses $14.71 $44.5 $31.57 $24.35
Operating income -$18.85 -$35.47 -$23.61
Income from continuing operations
EBIT -$18.49 -$38.28 -$25.94
Income tax expense $0.13 $0.41 -$0.01 $0.46
Interest expense $0.46 -$0.36 $0.23 $0.04
Net income
Net income -$19.09 -$54.99 -$38.5 -$26.44
Income (for common shares) -$19.09 -$38.5 -$26.44
(in millions $) 31 Jan 2023 31 Dec 2021 31 Dec 2020 31 Dec 2019
Revenue
Total revenue $230.93 $213.43 $148.49 $84.92
Cost of revenue $191.32 $124.84
Gross Profit -$13.4 $22.11 $23.66 $13.71
Operating activities
Research & development
Selling, general & administrative $59.11 $32.54 $1.11
Total operating expenses $123.81 $59.11 $32.54 $1.11
Operating income -$37 -$8.88 -$1.11
Income from continuing operations
EBIT -$39.22 $27.71 $3.2
Income tax expense $1.11 $47.92 -$40.28 $0.85
Interest expense -$0.67 $0.26 $0.73 $0.49
Net income
Net income -$141.75 -$87.4 $67.25 $2.35
Income (for common shares) -$87.4 $67.25 $2.35
(in millions $) 31 Mar 2023 31 Jan 2023 30 Sep 2022 30 Jun 2022
Net income -$19.09 -$38.5 -$26.44
Operating activities
Depreciation $2.2 $1.73 $1.54
Business acquisitions & disposals -$1.42 -$0.04
Stock-based compensation $0.9 $7.82 $1.42
Total cash flows from operations -$5.71 -$17.22 -$23.67
Investing activities
Capital expenditures -$0.46 -$13.05 -$6.76
Investments
Total cash flows from investing -$0.46 -$32.9 -$14.47 -$6.8
Financing activities
Dividends paid
Sale and purchase of stock
Net borrowings $3.8 $18.37 $0.96
Total cash flows from financing $3.86 $29.41 $18.37 $0.96
Effect of exchange rate $0.04 -$0.36 -$0.18 -$0.17
Change in cash and equivalents -$2.31 -$86.57 -$13.33 -$29.51
(in millions $) 31 Jan 2023 31 Dec 2021 31 Dec 2020 31 Dec 2019
Net income -$87.4 $67.25 $2.35
Operating activities
Depreciation $3.6 $1.43
Business acquisitions & disposals -$46.95
Stock-based compensation $5.19 $15.43
Total cash flows from operations -$51.3 -$13.37 -$1.22
Investing activities
Capital expenditures -$16.85 -$7.02
Investments $0.74
Total cash flows from investing -$32.9 -$63.8 -$7.02 $0.74
Financing activities
Dividends paid
Sale and purchase of stock $74.47 $62.52
Net borrowings $1.66 -$11.96
Total cash flows from financing $29.41 $75.82 $147.43 $8.8
Effect of exchange rate -$0.36 $0.05 -$0 -$0.14
Change in cash and equivalents -$86.57 -$39.28 $127.05 -$0.47
Fundamentals
Market cap $4.10M
Enterprise value $58.41M
Shares outstanding 83.66M
Revenue $222.71M
EBITDA N/A
EBIT N/A
Net Income -$139.01M
Revenue Q/Q -18.00%
Revenue Y/Y -4.42%
P/E ratio -0.03
EV/Sales 0.26
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio 0.02
P/B ratio 0.06
Book/Share 0.86
Cash/Share 0.04
EPS -$1.66
ROA -62.86%
ROE N/A
Debt/Equity N/A
Net debt/EBITDA N/A
Current ratio 0.99
Quick ratio 0.36