NYSE$YCBD
cbdMD Inc · Q1 2025 earnings
Q1 2025 earnings · · After market close · Investor relations
Briefing
cbdMD reported a decrease in net sales but achieved positive net income and EBITDA, driven by strategic changes and growth in wholesale sales and new beverage line.
cbdMD reported total net sales of $5.1 million for the three months ended December 31, 2024, a decrease of 4.9% year-over-year. Despite the sales decline, the company achieved a net income of $15,095 and positive Adjusted EBITDA of $214,817. This performance was attributed to optimizing product portfolio, right-sizing cost structure, and investing in marketing, with wholesale sales showing a positive impact and the launch of a new beverage line.
- Total net sales decreased by 4.9% year-over-year to $5.1 million, primarily due to a reduction in e-commerce sales.
- The company achieved a net income of $15,095 for the quarter, a significant improvement from a net loss in the prior year.
- Adjusted EBITDA was positive at $214,817, reflecting the company's focus on profitability and cost controls.
- Wholesale sales increased by $0.2 million year-over-year, partially offsetting the decline in e-commerce sales.
Headline financials
Revenue & EPS history
cbdMD · Revenue · Quarterly
$5.11M
Revenue by segment
cbdMD · $3.8M total across 1 segment · Q2 2026
- E-commerce sales$3.8M—100.0%
Forward guidance
cbdMD is focused on achieving profitability and expanding its business in fiscal 2025 and beyond through product innovation, channel expansion, and brand cultivation. The company aims to improve profitability and cash flow, with a focus on cost controls and strategic growth initiatives.
Tailwinds
- Continued focus on optimizing product portfolio and right-sizing cost structure to drive positive earnings.
- Launch of new hemp-derived, ready-to-drink beverages under the Herbal Oasis line, targeting a fast-growing category.
- Ongoing research and development to enhance product effectiveness and improve taste, with a pipeline of new products and formulation upgrades.
- Expanding revenue channels through relationships with traditional retail accounts and distributors, including Door Dash and GNC.
- Continued international expansion, particularly in the UK via Amazon and gaining market share in Central and South America.
Headwinds
- Overall category facing challenges, despite the company's optimistic market positioning.
- Larger cost-saving opportunities are harder to identify and implement after significant progress in 2023 and 2024.
- Anticipated increases in marketing expenses in future quarters.
- Working capital position may not be sufficient to support daily operations for the next twelve months.
- Current capital structure, specifically the overhang of Series A Preferred stock, has stalled potential accretive acquisitions.
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 2025
-0.5%
Avg return
Earnings day
-3.1%
Avg return
5 days after
-10.8%
Avg return
30 days after
42%
15 / 36 earnings
Positive
+70.1%
Q2 2020
Best reaction
-22.4%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +0.0% | +5.3% | -38.9% | |
| Q3 2025 | -11.1% | -22.4% | -20.0% | |
| Q2 2026 | -4.0% | -8.2% | -13.2% | |
| Q2 2025 | -4.0% | -8.2% | -13.2% | |
| Q1 2025 | -15.1% | -24.6% | -52.6% | |
| Q4 2024 | -15.7% | -22.1% | +14.4% | |
| Q3 2024 | +3.7% | +2.1% | +7.6% | |
| Q2 2024 | +0.0% | +1.0% | -8.6% | |
| Q1 2024 | -12.3% | -5.5% | -0.7% | |
| Q4 2023 | +7.9% | +6.4% | +17.7% | |
| Q3 2023 | +0.7% | -5.6% | -9.8% | |
| Q2 2023 | -6.9% | -6.0% | -21.6% | |
| Q1 2023 | -5.8% | +1.8% | -28.1% | |
| Q4 2022 | -22.4% | -29.9% | -8.6% | |
| Q3 2022 | -5.9% | -11.6% | -48.4% | |
| Q2 2022 | +8.4% | +28.6% | -31.7% | |
| Q1 2022 | -19.5% | -16.3% | -14.0% | |
| Q4 2021 | +3.5% | +0.9% | -7.1% | |
| Q3 2021 | -5.0% | -7.8% | +3.7% | |
| Q2 2021 | -21.8% | -17.4% | -0.3% | |
| Q1 2021 | +15.2% | -9.2% | -19.4% | |
| Q4 2020 | +15.1% | +6.5% | +6.5% | |
| Q3 2020 | +8.1% | +10.2% | -27.6% | |
| Q2 2020 | +70.1% | +71.1% | +54.6% | |
| Q1 2020 | +2.6% | +0.0% | -40.9% | |
| Q4 2019 | -0.7% | -1.4% | -59.7% | |
| Q3 2019 | -9.4% | -11.6% | -11.4% | |
| Q2 2019 | -3.1% | +0.6% | -2.0% | |
| Q1 2019 | +1.8% | +6.5% | -9.7% | |
| Q4 2018 | -12.4% | -21.1% | +7.2% | |
| Q3 2017 | +14.4% | +1.4% | +13.0% | |
| Q3 2018 | +14.4% | +1.4% | +13.0% | |
| Q2 2017 | -1.2% | -10.2% | -22.3% | |
| Q2 2018 | -1.2% | -10.2% | -22.3% | |
| Q1 2018 | -7.7% | -10.1% | -14.3% | |
| Q4 2017 | +2.9% | +5.3% | +18.6% | |
| Q1 2017 | — | — | — | |
| Q4 2016 | — | — | — | |
| Q3 2016 | — | — | — |
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