One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
Charlie's Holdings, Inc.
CHUC · OQB · Consumer Defensive · Tobacco
Current price
$0.11
52-week range
$0.01 - $0.37
Market cap
$30.86M
Balance sheet
Distressed
-3.13x Concerning
Net debt $2.14M. Interest coverage shows how many times profit covers the interest bill.
What stands out
0 Rewards
2 Risks
0 rewards · 2 risks
- Risk Return on equity was -77.0% last year — the company lost money on shareholders' equity.
- Risk Operating margin compressed from -6.8% to -32.5% over 3 years.
What this company does
Charlie's Holdings, Inc.
Charlie's Holdings, Inc. sells e-cigarette products, including those with and without nicotine, like the Pacha and PACHAMAMA brands. Their main income comes from selling these products to shops and online, and it matters because their profit depends on how many people choose their vapor products over other options.
What it actually does
Charlie's Holdings, through its subsidiary Charlie's Chalk Dust, LLC, develops, markets, and distributes premium vapor products. These products are designed for adult smokers looking for alternatives to traditional cigarettes. The company's offerings include both nicotine-based and non-nicotine vapor products, such as e-liquids and disposable devices. These products are sold globally through a network of distributors, specialty retailers, and online resellers.
SBX (Non-Nicotine Alternative Alkaloid Products)
The SBX brand represents Charlie's Holdings' line of non-nicotine alternative alkaloid products. These products are designed for adult consumers who may be looking for the taste and sensation of traditional flavored nicotine products but without the nicotine. The SBX line has been a significant driver of revenue growth for the company and has helped expand its distribution, particularly within the convenience store channel in the United States. This segment is a key focus for the company's strategy, aiming to capture market share with these alternative offerings.
Pacha and Pachamama (Nicotine-Based Products)
The Pacha and Pachamama brands encompass Charlie's Holdings' nicotine-based disposable products and e-liquid offerings. These products are formulated with nicotine and are targeted at adult smokers seeking a satisfying vaping experience. The company has actively pursued Premarket Tobacco Product Applications (PMTAs) for a large portfolio of these products, which are essential for regulatory compliance in the vapor industry. Strategic partnerships involving the sale of PMTA assets have also been a source of income and value realization for this segment.
Metatine (Alternative Alkaloid Products)
Metatine is another brand under which Charlie's Holdings offers alternative alkaloid products. Similar to SBX, these products focus on providing a non-nicotine alternative for adult consumers. While specific details on the size of this segment are not as prominent as SBX, it represents part of the company's broader strategy to offer a range of non-combustible and alternative nicotine-related products.
What management is betting on now
Charlie's Holdings is strategically focusing on several key areas for future growth and value creation. A major priority is the development and commercialization of age-gating technology for its disposable vape products, aiming to enhance compliance and potentially unlock significant licensing revenue through partnerships. The company is also working to monetize its extensive portfolio of Premarket Tobacco Product Applications (PMTAs), which are crucial for regulatory approval. Furthermore, Charlie's is expanding its domestic manufacturing capabilities to reduce costs and meet evolving state-level compliance requirements, while also streamlining its business by discontinuing certain product lines to focus on core growth areas and facilitate a potential uplisting to a national securities exchange.
Price history
How the share price has moved
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Earnings history
Last 8 quarters — what happened
Click any quarter to read the call summary and what the numbers say.
FY2024 Q4
$-377.00K
FY2025 Q4
$371.00K
Revenue
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Net income
$-1.66M
Diluted EPS
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Operating cash flow
$-383.00K
Free cash flow
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Sources
Revenue
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Net income
$-1.05M
Diluted EPS
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Operating cash flow
$-1.10M
Free cash flow
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Sources
Revenue
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Net income
$131.00K
Diluted EPS
0.00
Operating cash flow
$394.00K
Free cash flow
$371.00K
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Sources
Revenue
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Net income
$624.00K
Diluted EPS
0.00
Operating cash flow
$-3.11M
Free cash flow
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Sources
Revenue
—
Net income
$4.96M
Diluted EPS
0.02
Operating cash flow
$-2.65M
Free cash flow
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Sources
Revenue
—
Net income
$-1.22M
Diluted EPS
0.00
Operating cash flow
$-409.00K
Free cash flow
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Sources
Revenue
—
Net income
$-1.12M
Diluted EPS
-0.02
Operating cash flow
$-377.00K
Free cash flow
$-377.00K
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Sources
Revenue
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Net income
$-1.02M
Diluted EPS
0.00
Operating cash flow
$-944.00K
Free cash flow
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Sources
Is it cheap or expensive?
Fair value — vs current price $0.11
We couldn't calculate a fair value right now.
Is it drowning in debt?
Distressed
Net debt $2.1M. Interest coverage -3.1x.
Net debt
$2.14M
Interest coverage
-3.13x
Charlie's Holdings, Inc.'s profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here and 5 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Distressed
Worse cushion
Baseline
Better cushion
CHUC
BASELINE
Charlie's Holdings, Inc.
Total debt $2.66M Interest coverage -3.13x This is the baseline the peer rows are being compared against.
Total debt $4.14M Interest coverage -87.11x Neither company has much profit cushion over interest right now.
Total debt $391.69K Interest coverage -7.86x Neither company has much profit cushion over interest right now.
Total debt $1.75M Interest coverage -7.85x Neither company has much profit cushion over interest right now.
Total debt $0.00 Interest coverage -754.22x Neither company has much profit cushion over interest right now.
Total debt $0.00 Interest coverage -132.24x Neither company has much profit cushion over interest right now.
What you should know
The case for and against CHUC
0 Rewards
2 Risks
Rewards
Risks
-
Return on equity was -77.0% last year — the company lost money on shareholders' equity.
-
Operating margin compressed from -6.8% to -32.5% over 3 years.
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
—
Forward P/E
—
P/B
10.00x
P/S
1.18x
EV/EBITDA
-13.12x
PEG ratio
—
Profitability
How much profit each dollar creates
Gross margin
27.0%
Operating margin
-32.5%
Net margin
-7.5%
ROE
-77.0%
ROA
-16.9%
Health
Liquidity and balance-sheet strength
Debt / equity
0.85x
Current ratio
1.66x
Quick ratio
0.14x
Total debt
$2.66M
Total cash
$527.00K
Growth
How the business has been compounding
Revenue TTM
$52.47M
Revenue 5Y CAGR
43.6%
EPS TTM
-0.01
EPS 5Y CAGR
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Cash flow
How much cash the business throws off
Operating CF TTM
$-4.20M
Free CF TTM
$-5.80M
FCF margin
-11.1%
Dividend
Shareholder payout
Yield
0.0%
Payout ratio
0.0%
Last ex-div date
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