Financial Snapshot

Revenue
$5.994M
TTM
Gross Margin
31.87%
TTM
Net Earnings
$3.703M
TTM
Current Assets
$5.905M
Q2 2024
Current Liabilities
$45.73M
Q2 2024
Current Ratio
12.91%
Q2 2024
Total Assets
$31.29M
Q2 2024
Total Liabilities
$64.02M
Q2 2024
Book Value
-$32.74M
Q2 2024
Cash
P/E
0.000
Nov 29, 2024 EST
Free Cash Flow
-$11.52M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021
Revenue $7.971M $8.310M $8.287M
YoY Change -4.07% 0.27%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021
Revenue $7.971M $8.310M $8.287M
Cost Of Revenue $5.820M $6.097M $6.049M
Gross Profit $2.151M $2.212M $2.238M
Gross Profit Margin 26.99% 26.63% 27.01%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021
Selling, General & Admin $12.26M $12.79M $9.274M
YoY Change -4.21% 37.95%
% of Gross Profit 569.75% 578.27% 414.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.430M $1.513M $1.249M
YoY Change -5.45% 21.11%
% of Gross Profit 66.49% 68.37% 55.8%
Operating Expenses $13.42M $14.04M $10.17M
YoY Change -4.45% 38.1%
Operating Profit -$11.26M -$11.83M -$7.928M
YoY Change -4.76% 49.19%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021
Interest Expense -$2.527M -$2.611M -$2.660M
YoY Change -3.24% -1.82%
% of Operating Profit
Other Income/Expense, Net -$23.00M $2.179M $6.450K
YoY Change -1155.73% 33676.74%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021
Pretax Income -$36.79M -$12.26M -$7.210M
YoY Change 200.09% 70.04%
Income Tax $7.000K $8.100K $9.030K
% Of Pretax Income
Net Earnings -$36.80M -$12.27M -$7.219M
YoY Change 199.95% 69.94%
Net Earnings / Revenue -461.64% -147.64% -87.11%
Basic Earnings Per Share
Diluted Earnings Per Share -$7.03 -$2.34 -$1.38

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021
Cash & Short-Term Investments $76.88K $223.0K $205.3K
YoY Change -65.53% 8.65%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $1.718M $1.090M $956.2K
YoY Change 57.62% 13.96%
Inventory $2.756M $3.642M $4.327M
Prepaid Expenses
Receivables $721.9K $494.7K $224.5K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $5.273M $5.449M $5.713M
YoY Change -3.24% -4.61%
Property, Plant & Equipment $10.09M $11.52M $8.200M
YoY Change -12.48% 40.55%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $10.86M $10.86M $10.86M
YoY Change 0.0% 0.0%
Other Assets $44.82K $121.1K $121.1K
YoY Change -62.99% 0.0%
Total Long-Term Assets $21.00M $22.51M $19.18M
YoY Change -6.73% 17.33%
Total Assets $26.27M $27.96M $24.90M
YoY Change
Accounts Payable $5.229M $3.153M $1.765M
YoY Change 65.81% 78.71%
Accrued Expenses $5.238M $3.819M $2.378M
YoY Change 37.15% 60.63%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $50.55M $13.88M $3.046M
YoY Change 264.14% 355.83%
Total Short-Term Liabilities $62.85M $21.85M $8.038M
YoY Change 187.59% 171.89%
Long-Term Debt $1.453M $8.041M $11.23M
YoY Change -81.94% -28.38%
Other Long-Term Liabilities $5.389M $4.696M $422.1K
YoY Change 14.77% 1012.57%
Total Long-Term Liabilities $6.842M $12.74M $11.65M
YoY Change -46.28% 9.33%
Total Liabilities $69.69M $34.59M $19.69M
YoY Change 101.47% 75.7%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $0.00

About Heritage Distilling Holding Company, Inc.

Heritage Distilling Holding Company Inc is a US-based company operating in Beverages industry. The company is headquartered in Gig Harbor, Washington and currently employs 71 full-time employees. The company went IPO on 2024-11-22. Heritage Distilling Holding Company, Inc. is a craft distillery producing, marketing, and selling a diverse line of craft spirits, including whiskeys, vodkas, gins, rums, and ready-to-drink canned cocktails. The company has developed differentiated products that are responsive to consumer desires for rewarding and novel taste experiences. The company sells its products through wholesale distribution, directly to consumers through its five owned and operated distilleries and tasting rooms located in Washington and Oregon, and by shipping directly to consumers on-line were legal. The company sells products in the Pacific Northwest with limited distribution in other states throughout the United States. Its distributors resell its products through local, regional and key national accounts both on-premises and off-premises. The company develops a national reach in the United States through traditional sales channels (wholesale, on-premises, and e-commerce) and its recently developed Tribal Beverage Network sales channel.

Industry: Beverages Peers: