NASDAQ$TBLT
Toughbuilt Industries Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Reported financial results for the fiscal year ended December 31, 2020.
ToughBuilt Industries reported strong fundamentals based on execution team, customer relationships, balance sheet, commitment to research and development and continued customer service for the fiscal year 2020.
- Experienced significant annual sales growth since launching product sales in 2013.
- Focused on product lines and global distribution for 2021 and beyond.
- Bolstering inventory and refining R&D investments.
- Simplifying business processes, improving execution, and innovating faster.
Headline financials
Revenue & EPS history
ToughBuilt · Revenue · Quarterly
$12.3M
Revenue by segment
ToughBuilt · $3.91M total across 1 segment · Q3 2022
- Amazon Sales$3.91M—100.0%
Forward guidance
The company sees great opportunities in both product lines and global distribution.
Tailwinds
- Focus on 2021 and beyond with opportunities in product lines and global distribution.
- Continue to bolster inventory.
- Refining R&D investments to offer customers a wider range of products and equipment.
- Participation in multi-categories to build revenue streams.
- Attracting more end users and new retail partners globally.
Headwinds
- Market acceptance of existing and new products is a risk.
- Delays in bringing products to key markets could impact results.
- Inability to secure regulatory approvals for selling products in certain markets poses a challenge.
- Intense competition from larger, multinational companies is a concern.
- The company may face product liability claims and product malfunctions.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
-9.1%
Avg return
Earnings day
-11.6%
Avg return
5 days after
-17.5%
Avg return
30 days after
21%
5 / 24 earnings
Positive
+12.9%
Q3 2020
Best reaction
-26.2%
Q2 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2024 | +1.3% | +3.3% | -3.5% | |
| Q4 2023 | -15.1% | -20.3% | -41.7% | |
| Q3 2023 | +1.1% | -1.2% | -14.1% | |
| Q2 2023 | +1.5% | -5.9% | -12.8% | |
| Q4 2022 | -6.0% | -9.8% | -24.8% | |
| Q1 2023 | -6.0% | -9.8% | -24.8% | |
| Q2 2022 | -6.0% | -9.8% | -24.8% | |
| Q3 2022 | -9.3% | -16.6% | -30.5% | |
| Q1 2022 | -20.7% | -9.0% | -65.5% | |
| Q4 2021 | -0.5% | -0.7% | -30.8% | |
| Q3 2021 | -5.4% | -17.7% | -22.6% | |
| Q2 2021 | -26.2% | -28.1% | -20.2% | |
| Q4 2020 | -20.9% | -17.5% | -36.2% | |
| Q1 2021 | -20.9% | -17.5% | -36.2% | |
| Q3 2020 | +12.9% | +11.5% | +6.3% | |
| Q2 2020 | +9.8% | +9.5% | -9.9% | |
| Q1 2020 | -22.8% | -11.6% | -26.1% | |
| Q4 2019 | -2.7% | +6.1% | -9.3% | |
| Q3 2019 | -3.4% | -22.7% | -15.0% | |
| Q2 2019 | -25.9% | -32.2% | -34.5% | |
| Q1 2018 | -25.9% | -32.2% | -34.5% | |
| Q1 2019 | -6.4% | -12.7% | -35.3% | |
| Q2 2018 | -5.3% | -9.9% | -32.2% | |
| Q3 2018 | -15.8% | -24.6% | +158.3% | |
| Q4 2017 | — | — | — | |
| Q3 2017 | — | — | — | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — | |
| Q4 2015 | — | — | — |
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