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LFTD Partners (LIFD)
OTHER OTC:LIFD
Earnings Data
Report Date
May 20, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.1Last Year’s EPS
-0.08Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 27, 2025
|% Change Since: 12.50%
|Next Earnings Date:May 20, 2025
Earnings Call Sentiment|Negative
The earnings call presented a mixed picture with notable efforts to launch new products and reduce expenses, but these were overshadowed by significant revenue declines, operating losses, and challenges in receivables. The competitive and regulatory environment continues to pose significant challenges to LFTD Partners.Company Guidance
During the LFTD Partners' Q3 2024 earnings call, several key metrics and strategic initiatives were discussed to address the current challenges and future prospects of the company. The company's consolidated net sales were reported at $8.6 million, a decline of 34% compared to the previous year, attributed to regulatory challenges and increased competition in the hemp-derived cannabinoid market. Despite these headwinds, the company has been proactive in reducing payroll expenses by 8% from Q1 to Q2 and another 8% from Q2 to Q3, along with a 40% reduction in professional fees from Q1 to Q2 and a further 33% reduction from Q2 to Q3. Furthermore, the company has reduced its CapEx from $747,000 in the previous year to $310,000 year-to-date. The operating loss for the quarter was $141,000, contrasting with an operating income of $659,000 in the same quarter of the previous year. The net loss was reported at $194,000 or $0.01 per share, compared to a net income of $617,000 or $0.04 per share in Q3 2023. The company's current ratio improved to 2.64, reflecting a focus on maintaining financial stability amidst industry challenges.Launch of New Product Line
Launched the newest iteration of the flagship brand, Urb, featuring a Fly High theme with major initiatives to increase direct-to-retailer and direct-to-consumer online sales.
Expense Reduction Achievements
Reduced payroll expenses by 8% from Q1 '24 to Q2 '24 and another 8% from Q2 to Q3 '24. Professional fee expenses down 40% from Q1 to Q2 '24 and another 33% from Q2 to Q3.
Gross Margin Improvement
Excluding the effect of written-off inventory, gross margin as a percentage of net sales improved to 47% compared to 38%.
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LIFD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LIFD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 27, 2025 | $0.32 | $0.32 | 0.00% |
Nov 14, 2024 | $0.58 | $0.48 | -17.24% |
Aug 15, 2024 | $0.80 | $0.80 | 0.00% |
May 15, 2024 | $1.30 | $1.14 | -12.31% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does LFTD Partners (LIFD) report earnings?
LFTD Partners (LIFD) is schdueled to report earning on May 20, 2025, TBA Not Confirmed.
What is LFTD Partners (LIFD) earnings time?
LFTD Partners (LIFD) earnings time is at May 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LIFD EPS forecast?
LIFD EPS forecast for the fiscal quarter 2025 (Q1) is 0.1.
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