Sharing Services Global Corp - Understand $shrg stock

$SHRG Market Cap: $583.3 Thousand

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$10.22M

TTM

Gross Margin

64.42%

TTM

Net Earnings

-$5.256M

TTM

Current Assets

$4.098M

Q2 2024

Current Liabilities

$8.578M

Q2 2024

Current Ratio

47.77%

Q2 2024

Total Assets

$6.227M

Q2 2024

Total Liabilities

$9.960M

Q2 2024

Book Value

-$3.733M

Q2 2024

Cash

$580.3K

Q2 2024

P/E

-0.1110

Sep 13, 2024 EST

Free Cash Flow

-$1.940M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$10.88M	$16.10M	$34.42M	$64.81M	$131.4M	$85.92M	$8.392M	$0.00	$0.00	$0.00
YoY Change	-32.44%	-53.22%	-46.89%	-50.67%	52.92%	923.85%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$10.88M	$16.10M	$34.42M	$64.81M	$131.4M	$85.92M	$8.392M	$0.00	$0.00	$0.00
Cost Of Revenue	$3.833M	$6.845M	$10.80M	$18.26M	$37.88M	$28.80M	$4.000M		$310.00	$110.00
Gross Profit	$7.045M	$9.257M	$23.62M	$46.55M	$93.51M	$57.13M	$4.392M		-$310.00	-$110.00
Gross Profit Margin	64.76%	57.49%	68.62%	71.82%	71.17%	66.49%	52.33%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Selling, General & Admin	$11.94M	$24.07M	$36.95M	$48.72M	$83.82M	$58.23M	$9.571M	$64.22K	$20.57K	$1.000K
YoY Change	-50.38%	-34.86%	-24.16%	-41.87%	43.95%	508.36%	14803.54%	212.2%	1957.0%
% of Gross Profit	169.54%	260.05%	156.44%	104.68%	89.63%	101.93%	217.92%
Research & Development							$836.6K
YoY Change
% of Gross Profit							19.05%
Depreciation & Amortization	$427.4K	$583.4K	$655.3K	$163.3K	$714.4K	$83.04K	$10.85K	$130.00
YoY Change	-26.73%	-10.97%	301.39%	-77.15%	760.25%	665.35%	8246.15%
% of Gross Profit	6.07%	6.3%	2.77%	0.35%	0.76%	0.15%	0.25%
Operating Expenses	$11.94M	$24.07M	$36.95M	$48.72M	$83.82M	$58.23M	$10.41M	$75.46K	$25.10K	$2.030K
YoY Change	-50.38%	-34.86%	-24.16%	-41.87%	43.95%	459.46%	13692.33%	200.64%	1136.45%
Operating Profit	-$4.899M	-$14.81M	-$13.33M	-$2.178M	$9.695M	-$1.100M	-$6.016M		-$25.41K	-$2.140K
YoY Change	-66.93%	11.12%	512.26%	-122.46%	-981.24%	-81.71%			1087.38%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017
Interest Expense	$3.148M	$13.21M	-$8.541M	-$47.61K	-$430.9K	$28.17M	$568.0K	-$270.00
YoY Change	-76.17%	-254.71%	17838.46%	-88.95%	-101.53%	4859.65%	-210458.52%
% of Operating Profit					-4.44%
Other Income/Expense, Net	-$1.812M	-$22.87M	$2.300M	$530.3K			-$29.77M
YoY Change	-92.08%	-1094.22%	333.74%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Pretax Income	-$6.712M	-$37.69M	-$20.14M	-$1.830M	$3.274M	$21.42M	-$35.79M	-$75.73K	-$25.41K	-$2.140K
YoY Change	-82.19%	87.09%	1000.97%	-155.89%	-84.72%	-159.87%	47153.74%	198.03%	1087.38%
Income Tax			-$3.036M	-$594.5K	$485.0K	$0.00				$0.00
% Of Pretax Income					14.82%	0.0%
Net Earnings	-$6.712M	-$37.69M	-$17.11M	-$1.235M	$2.789M	$21.42M	-$35.79M	-$75.73K	-$25.41K	-$2.140K
YoY Change	-82.19%	120.3%	1285.12%	-144.29%	-86.98%	-159.87%	47153.74%	198.03%	1087.38%
Net Earnings / Revenue	-61.7%	-234.04%	-49.69%	-1.91%	2.12%	24.93%	-426.41%
Basic Earnings Per Share	-$0.02	-$0.14	-$0.08				-$0.56
Diluted Earnings Per Share	-$0.02	-$0.14	-$82.96K	-$7.178K	$11.63K	$89.33K	-$0.56	-$1.419K	-$476.20	-$214.00

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Cash & Short-Term Investments	$894.2K	$2.995M	$17.02M	$12.14M	$11.74M	$3.912M	$768.3K	$2.070K	$2.450K	$10.00K
YoY Change	-70.14%	-82.41%	40.17%	3.42%	200.16%	409.21%	37014.49%	-15.51%	-75.5%
Cash & Equivalents	$894.2K	$2.995M	$17.02M	$12.14M	$11.74M	$3.912M	$768.3K
Short-Term Investments
Other Short-Term Assets	-$120.2K	$239.2K	$3.127M	$557.9K	$1.035M	$373.3K	$145.6K	$1.130K	$10.00	$0.00
YoY Change	-150.25%	-92.35%	460.44%	-46.09%	177.24%	156.32%	12788.5%	11200.0%
Inventory	$1.572M	$1.925M	$4.759M	$4.317M	$4.802M	$2.883M	$236.3K
Prepaid Expenses
Receivables	$280.8K	$273.7K	$1.683M	$1.514M	$4.077M	$7.853M	$1.556M
Other Receivables	$1.800M	$0.00	$300.0K	$201.7K	$118.0K	$425.2K	$275.0K
Total Short-Term Assets	$4.426M	$5.433M	$26.89M	$18.74M	$21.77M	$15.45M	$2.982M	$3.200K	$2.450K	$10.00K
YoY Change	-18.52%	-79.8%	43.53%	-13.96%	40.97%	418.04%	93078.44%	30.61%	-75.5%
Property, Plant & Equipment	$643.1K	$9.718M	$10.18M	$1.316M	$1.099M	$307.5K	$118.5K	$3.860K
YoY Change	-93.38%	-4.52%	673.43%	19.77%	257.3%	159.58%	2969.17%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$0.00	$206.2K	$5.064M			$250.2K	$2.778M
YoY Change	-100.0%	-95.93%				-91.0%
Other Assets	$1.163M	$1.177M	$341.8K	$2.092M	$1.704M
YoY Change	-1.17%	244.36%	-83.66%	22.78%
Total Long-Term Assets	$2.209M	$11.65M	$16.27M	$3.597M	$2.803M	$557.7K	$2.897M	$3.860K	$0.00	$0.00
YoY Change	-81.04%	-28.43%	352.42%	28.33%	402.58%	-80.75%	74944.3%
Total Assets	$6.635M	$17.08M	$43.16M	$22.33M	$24.58M	$16.00M	$5.878M	$7.060K	$2.450K	$10.00K
YoY Change
Accounts Payable	$1.304M	$7.951M	$985.1K	$1.295M	$771.1K	$1.108M	$525.1K	$6.040K	$2.120K	$0.00
YoY Change	-83.6%	707.05%	-23.94%	67.97%	-30.4%	110.98%	8593.38%	184.91%
Accrued Expenses	$5.738M	$6.190M	$7.275M	$7.859M	$12.39M	$13.22M	$3.620M
YoY Change	-7.31%	-14.92%	-7.42%	-36.55%	-6.31%	265.25%
Deferred Revenue
YoY Change
Short-Term Debt	$1.200M	$0.00	$0.00	$1.040M	$0.00	$2.123M	$0.00	$26.77K	$0.00	$0.00
YoY Change			-100.0%		-100.0%		-100.0%
Long-Term Debt Due	$262.8K	$24.83M	$9.899M	$99.63K	$90.16K	$855.0K	$247.6K
YoY Change	-98.94%	150.81%	9835.53%	10.5%	-89.45%	245.32%
Total Short-Term Liabilities	$8.667M	$39.36M	$19.50M	$15.25M	$20.95M	$17.31M	$34.89M	$37.61K	$6.120K	$0.00
YoY Change	-77.98%	101.85%	27.85%	-27.18%	21.03%	-50.39%	92656.55%	514.54%
Long-Term Debt	$324.5K	$0.00	$0.00	$34.76K	$25.59K	$15.57K	$5.570K	$0.00	$0.00	$0.00
YoY Change			-100.0%	35.83%	64.35%	179.53%
Other Long-Term Liabilities	$416.3K	$440.5K	$835.2K	$885.9K	$344.0K
YoY Change	-5.49%	-47.26%	-5.72%	157.56%
Total Long-Term Liabilities	$740.8K	$440.5K	$835.2K	$920.6K	$369.5K	$15.57K	$5.570K	$0.00	$0.00	$0.00
YoY Change	68.18%	-47.26%	-9.28%	149.13%	2273.41%	179.53%
Total Liabilities	$9.407M	$39.80M	$20.34M	$16.17M	$21.32M	$17.32M	$34.89M	$37.61K	$6.120K	$0.00
YoY Change	-76.37%	95.73%	25.74%	-24.13%	23.05%	-50.35%	92671.36%	514.54%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2018
Basic Shares Outstanding	375.0M shares	274.1M shares	206.2M shares	64.25M shares
Diluted Shares Outstanding	375.0M shares	274.1M shares	206.2M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $583.31 Thousand

About Sharing Services Global Corp

Sharing Services Global Corp. engages in the marketing and distribution of health and wellness products primarily in the United States and Canada. The company is headquartered in Plano, Texas and currently employs 32 full-time employees. The company went IPO on 2016-02-19. The firm markets its health and wellness products through its proprietary website: www.thehappyco.com, and its member-based travel services using www.mytravelventures.com. Its Health & Wellness Products include Elevate MAX Happy Coffee, XanthoMax Happy Caps, KetoCre Keto Creamer, Elevate ZEST Happy + Lemonade, ElevaciTea Georgia Peach and ElevaciTea Vanilla Chai. Its skincare products include Age-Defying Intensive Repair Serum and Ultimate Revitalizing Cream. Its fragrance devices and pods include AirMoji, CarMoji and MojiPop; Fragrance Pod, and Essential Oil Pod. Its MyTravelVentures' services are designed to offer discounts in connection with travel. The firm is in the process of revamping its subscription-based travel services.

Industry: Wholesale-Drugs, Proprietaries & Druggists' Sundries Peers: Amazon.com Inc TRxADE Health Inc Digital Brands Group Inc Fovea Jewelry Holdings Ltd. Legacy IMBDS, Inc. Kidpik Corp Scientific Energy Inc SHONGHOYA INTERNATIONAL GROUP INC.