Charlie's Holdings, Inc. Reports Earnings Results for the Full Year Ended December 31, 2021
April 12, 2022 at 04:18 pm EDT
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Charlie's Holdings, Inc. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported revenue was USD 21.5 million compared to USD 16.69 million a year ago. Net income was USD 4.81 million compared to net loss of USD 7.19 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to basic loss per share from continuing operations of USD 0.04 a year ago. Diluted earnings per share from continuing operations was USD 0.01 compared to diluted loss per share from continuing operations of USD 0.04 a year ago.
Charlie's Holdings, Inc. is engaged in vapor products space. The Company's products are sold around the world to select distributors, specialty retailers, and third-party online resellers through subsidiary companies Charlie's Chalk Dust, LLC (Charlie's) and Don Polly, LLC (Don Polly). Charlie's has developed a portfolio of brand styles, flavor profiles, and product formats. Don Polly creates hemp-derived products and brands. Charlie's products are produced through contract manufacturers for sale through select distributors, specialty retailers, and third-party online resellers throughout the United States, as well as in more than 80 countries worldwide. Charlie's primary international markets include the United Kingdom, Italy, Spain, New Zealand, Australia, and Canada. Through Don Polly, the Company develops, markets and distributes products containing compounds derived from hemp.
CHARLIE'S HOLDINGS, INC. 
