earnings
confidence high
sentiment positive
materiality 0.70
22nd Century reports Q1 2025 net revenues up 50% sequentially to $6.0M; operating loss narrows to $2.6M
22nd Century Group, Inc.
2025-Q1 EPS reported
-$2.50
revenue$5,956,000
- Net revenues $6.0M, up ~50% from $4.0M in Q4 2024; gross loss improved to $(0.6)M from $(1.3)M.
- Operating loss $2.6M vs $4.1M in Q4; net loss $3.3M vs $4.2M; adj. EBITDA loss $2.3M vs $3.9M.
- Cigarette net revenues $5.0M (volumes 319K cartons) vs $3.3M in Q4; filtered cigar $1.1M vs $0.8M.
- Net debt $3.4M at quarter end; subsequent debt reduction to $3.9M total; $3.7M debt reduced YTD.
- VLN partner brand shipments ready with Smoker Friendly; new five-year license agreement covering 19 products.