22nd Century Group

Our long-term focus is the research, development, licensing, manufacturing, and worldwide sales and distribution of our important products. 22nd Century Group’s proprietary genetic engineering technology and plant breeding expertise allow us to regulate the level of nicotine (and other nicotinic alkaloids) in the tobacco plant. As a result of our unique technology, we are able to grow tobacco with up to 97% less nicotine than conventional tobacco – as well as plants with relatively high nicotine levels. The applications for this technology are extraordinary; in independent clinical studies, our very low nicotine (VLN) tobacco has demonstrated remarkable efficacy as a smoking cessation aid. On the other hand, for smokers who do not wish to quit, our high nicotine tobacco enables us to produce a cigarette with what we believe is the world’s lowest tar-to-nicotine ratio.

Company Growth (employees)
Type
Public
HQ
Clarence, US
Founded
1998
Size (employees)
46 (est)
22nd Century Group was founded in 1998 and is headquartered in Clarence, US

22nd Century Group Office Locations

22nd Century Group has an office in Clarence
Clarence, US (HQ)
9530 Main St

22nd Century Group Data and Metrics

22nd Century Group Financial Metrics

22nd Century Group's revenue was reported to be $2.2 m in Q1, 2017
USD

Revenue (Q1, 2017)

2.2 m

Net income (Q1, 2017)

(2.6 m)

EBIT (Q1, 2017)

(3 m)

Market capitalization (22-Sep-2017)

239.9 m

Cash (31-Mar-2017)

10.7 m
22nd Century Group's current market capitalization is $239.9 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

7.3 m529 k8.5 m12.3 m

Revenue growth, %

(93%)1511%44%

Cost of goods sold

498.4 k9.1 m12.7 m

Gross profit

30.6 k(580.6 k)(429.7 k)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

2.8 m3.1 m2.2 m

Cost of goods sold

2.9 m

Sales and marketing expense

34.2 k23.4 k115.2 k290.8 k470.6 k702.6 k251.1 k277.1 k295.7 k

R&D expense

263.3 k349.3 k183 k308.1 k529.6 k597.4 k509.9 k692 k550.9 k
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

5.8 m6.4 m3.8 m13.5 m

Accounts Receivable

51.2 k41 k

Inventories

1.4 m3.1 m

Current Assets

7.7 m10.7 m7.2 m16.8 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

4.2 m10 m3.8 m8.2 m6.7 m6.1 m2.8 m5.2 m10.7 m

Accounts Receivable

16.1 k209 k449.5 k225.4 k102.9 k105.7 k16.5 k2.1 k

Inventories

1.7 m1.7 m2.6 m2.4 m2.4 m2.9 m3.1 m3 m3 m

Current Assets

6.2 m16 m7.1 m12.1 m9.9 m9.6 m6.8 m8.7 m14.2 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(26.2 m)(15.6 m)(11 m)(11.6 m)

Depreciation and Amortization

144.3 k462.8 k676.3 k842.2 k

Accounts Receivable

(61.2 k)10.2 k

Inventories

(175.8 k)(620.7 k)(701.5 k)(531.4 k)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(7.3 m)(10 m)(4.1 m)(5.4 m)(8.2 m)(3.3 m)(6.2 m)(8.8 m)(2.6 m)

Depreciation and Amortization

195.6 k326 k160.9 k324.7 k497.6 k180.9 k363.5 k550.2 k204.5 k

Accounts Receivable

(16.1 k)(209 k)(449.5 k)(225.4 k)(51.7 k)(54.5 k)34.8 k48.9 k

Inventories

(288.8 k)(304.1 k)(558.5 k)(377.1 k)(369.7 k)(214.6 k)(440.6 k)(386.1 k)57.7 k
USDY, 2017

Revenue/Employee

48.5 k

Financial Leverage

1.2 x
Show all financial metrics

22nd Century Group Market Value History

Traffic Overview of 22nd Century Group

22nd Century Group Online and Social Media Presence

22nd Century Group Company Life and Culture

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