Income Statement Laird Superfood, Inc.

Equities

LSF

US50736T1025

Food Processing

Market Closed - Nyse Other stock markets 04:00:00 2026-03-06 pm EST			5-day change	1st Jan Change
2.420 ^USD	-5.10%		-11.03%	+9.01%

Jan. 30	Laird Superfood, Inc. Announces Board Changes	CI
Jan. 22	Laird Superfood Launches New Protein Coffee with Real Whey for Complete Protein	CI

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Published financial data: LAIRD SUPERFOOD, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	26.01M	36.81M	35.83M	34.22M	43.3M
Total Revenues	26.01M	36.81M	35.83M	34.22M	43.3M
Cost of Goods Sold, Total	19.2M	27.38M	30.64M	23.91M	25.61M
Gross Profit	6.8M	9.43M	5.19M	10.31M	17.69M
Selling General & Admin Expenses, Total	18.98M	32.78M	28.71M	20.79M	19.86M
R&D Expenses	508K	609K	428K	220K	-
Other Operating Expenses, Total	19.49M	33.38M	29.14M	21.01M	19.86M
Operating Income	-12.69M	-23.95M	-23.95M	-10.7M	-2.17M
Interest Expense, Total	-	-	-	-	-
Interest And Investment Income	64.94K	48.7K	-	-	-
Net Interest Expenses	64.94K	48.7K	-	-	-
Other Non Operating Income (Expenses)	-	-	47.09K	551K	413K
EBT, Excl. Unusual Items	-12.62M	-23.9M	-23.91M	-10.15M	-1.76M
Impairment of Goodwill	-	-	-6.49M	-	-
Gain (Loss) On Sale Of Investments	13.93K	-	-	-	-
Gain (Loss) On Sale Of Assets	-240K	-	-	-	-
Asset Writedown	-	-	-6.33M	-	-
Other Unusual Items	-	51K	-3.6M	-	-
EBT, Incl. Unusual Items	-12.85M	-23.85M	-40.32M	-10.15M	-1.76M
Income Tax Expense	-	17.83K	20.27K	15.2K	60.32K
Earnings From Continuing Operations	-12.85M	-23.87M	-40.34M	-10.16M	-1.82M
Net Income to Company	-12.85M	-23.87M	-40.34M	-10.16M	-1.82M
Net Income - (IS)	-12.85M	-23.87M	-40.34M	-10.16M	-1.82M
Preferred Dividend and Other Adjustments	1.65M	-	-	-	-
Net Income to Common Incl Extra Items	-14.5M	-23.87M	-40.34M	-10.16M	-1.82M
Net Income to Common Excl. Extra Items	-14.5M	-23.87M	-40.34M	-10.16M	-1.82M
Per Share Items
Net EPS - Basic	-2.61	-2.66	-4.41	-1.09	-0.18
Basic EPS - Continuing Operations	-2.61	-2.66	-4.41	-1.09	-0.18
Basic Weighted Average Shares Outstanding	5.55M	8.98M	9.15M	9.3M	9.95M
Net EPS - Diluted	-2.61	-2.66	-4.41	-1.09	-0.18
Diluted EPS - Continuing Operations	-2.61	-2.66	-4.41	-1.09	-0.18
Diluted Weighted Average Shares Outstanding	5.55M	8.98M	9.15M	9.3M	9.95M
Normalized Basic EPS	-1.42	-1.66	-1.63	-0.68	-0.11
Normalized Diluted EPS	-1.42	-1.66	-1.63	-0.68	-0.11
Supplemental Items
EBITDA	-12.21M	-22.97M	-22.84M	-10.39M	-1.9M
EBITA	-12.69M	-23.57M	-23.5M	-10.49M	-1.98M
EBIT	-12.69M	-23.95M	-23.95M	-10.7M	-2.17M
EBITDAR	-11.36M	-21.79M	-21.37M	-9.87M	-1.42M
Effective Tax Rate - (Ratio)	-	-0.07	-0.05	-0.15	-3.43
Total Deferred Taxes	-	17.83K	20.27K	15.2K	60.32K
Normalized Net Income	-7.89M	-14.94M	-14.94M	-6.34M	-1.1M
Interest on Long-Term Debt	-	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	4.46M	7.57M	6.91M	3.83M	-
Marketing Expenses	1.59M	4.49M	3.8M	3.94M	6.74M
Selling and Marketing Expenses	7.73M	13.37M	14.53M	11.22M	10.56M
General and Administrative Expenses	4.16M	9.07M	7.77M	5.37M	4.93M
Research And Development Expense From Footnotes	508K	1.03M	428K	220K	-
Net Rental Expense, Total	857K	1.18M	1.47M	519K	480K
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., COGS (Total)	-	-	-	503	3.65K
Stock-Based Comp., R&D Exp. (Total)	10.26K	23.56K	-	-	-
Stock-Based Comp., S&M Exp. (Total)	661K	229K	-	242K	140K
Stock-Based Comp., G&A Exp. (Total)	1.42M	3.57M	-	850K	1.49M
Stock-Based Comp., Other (Total)	222K	218K	631K	-	-
Total Stock-Based Compensation	2.32M	4.04M	631K	1.09M	1.64M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	57.21M	22.93M	17.71M	7.57M	8.34M
Short Term Investments	8.8M	191K	135K	239K	222K
Total Cash And Short Term Investments	66.01M	23.12M	17.85M	7.81M	8.56M
Accounts Receivable, Total	840K	1.27M	1.49M	1.02M	1.76M
Total Receivables	840K	1.27M	1.49M	1.02M	1.76M
Inventory	7.25M	11.05M	6.59M	6.77M	6.85M
Prepaid Expenses	1.84M	2.54M	1.35M	516K	569K
Restricted Cash	-	117K	99.52K	141K	174K
Other Current Assets, Total	51.11K	9.58M	145K	81.21K	51.45K
Total Current Assets	76M	47.68M	27.53M	16.34M	17.97M
Gross Property Plant And Equipment	4.16M	5.96M	554K	585K	426K
Accumulated Depreciation	-894K	-1.45M	-270K	-108K	-162K
Net Property Plant And Equipment	3.26M	4.51M	284K	477K	264K
Goodwill	-	6.49M	-	-	-
Other Intangibles, Total	132K	4.84M	1.42M	1.22M	1.03M
Deferred Charges Long-Term	2.7M	2.33M	-	-	-
Other Long-Term Assets, Total	255K	-	800K	-	-
Total Assets	82.34M	65.85M	30.04M	18.03M	19.26M
Liabilities
Accounts Payable, Total	1.32M	889K	1.08M	1.65M	2.14M
Accrued Expenses, Total	1.43M	2.86M	6.08M	2.16M	3.33M
Current Portion of Leases	-	-	59.84K	139K	106K
Unearned Revenue Current, Total	-	25.34K	231K	428K	349K
Other Current Liabilities	-	15.16K	-	-	-
Total Current Liabilities	2.74M	3.79M	7.45M	4.38M	5.92M
Long-Term Debt	51K	-	-	-	-
Long-Term Leases	-	-	76.08K	244K	140K
Deferred Tax Liability Non Current	-	7.53K	-	-	-
Total Liabilities	2.79M	3.79M	7.53M	4.62M	6.06M
Preferred Stock Convertible	-	-	-	-	-
Total Preferred Equity	-	-	-	-	-
Common Stock, Total	8.89K	9.1K	9.21K	9.38K	10.29K
Additional Paid In Capital	111M	118M	119M	120M	121M
Retained Earnings	-31.93M	-55.8M	-96.14M	-106M	-108M
Comprehensive Income and Other	14.21K	-61.02K	-	-	-
Total Common Equity	79.55M	62.05M	22.51M	13.41M	13.2M
Total Equity	79.55M	62.05M	22.51M	13.41M	13.2M
Total Liabilities And Equity	82.34M	65.85M	30.04M	18.03M	19.26M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	8.9M	9.09M	9.22M	9.41M	10.3M
ECS Total Common Shares Outstanding	8.89M	9.09M	9.21M	9.38M	10.29M
Book Value / Share	8.95	6.82	2.44	1.43	1.28
Tangible Book Value	79.42M	50.73M	21.09M	12.2M	12.17M
Tangible Book Value Per Share	8.93	5.58	2.29	1.3	1.18
Total Debt	51K	0	136K	383K	246K
Net Debt	-65.96M	-23.12M	-17.71M	-7.42M	-8.32M
Debt Equivalent Oper. Leases	6.85M	9.44M	11.73M	4.16M	3.84M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	4.11M	4.77M	4.27M	-	3.05M
Inventories - Finished Goods, Total	2.19M	5.45M	2.97M	-	2.93M
Land - (BS)	947K	947K	-	-	-
Machinery, Total	2.95M	3.87M	385K	184K	199K
Full Time Employees	145	145	35	25	26
Part Time Employees	5	4	2	2	2
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	77.44K	243K	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-12.85M	-23.87M	-40.34M	-10.16M	-1.82M
Depreciation & Amortization - CF	475K	597K	670K	99.29K	81.16K
Amortization of Goodwill and Intangible Assets - (CF)	-	385K	448K	207K	189K
Depreciation & Amortization, Total	475K	982K	1.12M	306K	270K
(Gain) Loss From Sale Of Asset	240K	-6.4K	-577K	-	-
(Gain) Loss on Sale of Investments - (CF)	13.93K	-	-	-	-
Asset Writedown & Restructuring Costs	-	8.32K	12.81M	-	-
Stock-Based Compensation (CF)	2.32M	4.04M	631K	1.09M	1.64M
Provision and Write-off of Bad Debts	-	-	-	166K	-21.09K
Other Operating Activities, Total	-	136K	7.7M	1.46M	754K
Change In Accounts Receivable	-455K	-383K	-303K	306K	-719K
Change In Inventories	-3.86M	-3.2M	1.73M	-1.9M	-253K
Change In Accounts Payable	591K	-475K	191K	570K	513K
Change in Other Net Operating Assets	-1.22M	672K	2.72M	-2.61M	505K
Cash from Operations	-14.75M	-22.1M	-14.31M	-10.77M	866K
Capital Expenditure	-1.06M	-2.04M	-1.15M	-144K	-24.78K
Sale of Property, Plant, and Equipment	-	12.7K	17.68K	834K	-
Cash Acquisitions	-	-10.45M	-	-	-
Sale (Purchase) of Real Estate properties	-	-	1.6M	-	-
Sale (Purchase) of Intangible assets	-	-157K	-2.71K	-	-
Investment in Marketable and Equity Securities, Total	-3.22M	-1.03K	8.51M	-	-
Cash from Investing	-4.28M	-12.64M	8.97M	690K	-24.78K
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Long-Term Debt Repaid, Total	-	-	-	-	-
Total Debt Repaid	-	-	-	-	-
Issuance of Common Stock	66.67M	877K	73.71K	-	95.02K
Repurchase of Common Stock	-20.53K	-219K	-	-	-
Issuance of Preferred Stock	10M	-	-	-	-
Repurchase of Preferred Stock	-	-	-	-	-
Other Financing Activities, Total	-1.42M	-82.04K	28.56K	-27.42K	-128K
Cash from Financing	75.23M	576K	102K	-27.42K	-33.38K
Net Change in Cash	56.2M	-34.16M	-5.24M	-10.1M	807K
Supplemental Items
Cash Interest Paid	-	-	-	13.99K	16.03K
Cash Income Tax Paid (Refund)	-	-	-	17.62K	63.85K
Levered Free Cash Flow	-11.54M	-16.74M	3.61M	-7.02M	1.23M
Unlevered Free Cash Flow	-11.54M	-16.74M	3.61M	-7.02M	1.23M
Change In Net Working Capital	5.34M	4.59M	-17.99M	1.59M	-707K
Net Debt Issued / Repaid	-	-	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-16.06	-20.2	-31.23	-27.82	-7.28
Return on Total Capital	-16.79	-21.14	-35.35	-36.7	-9.97
Return On Equity %	-27.23	-33.71	-95.4	-56.58	-13.68
Return on Common Equity	-33.08	-33.71	-95.4	-56.58	-13.68
Margin Analysis
Gross Profit Margin %	26.15	25.62	14.48	30.13	40.85
SG&A Margin	72.99	89.04	80.14	60.75	45.87
EBITDA Margin %	-46.97	-62.4	-63.74	-30.37	-4.39
EBITA Margin %	-48.79	-64.02	-65.6	-30.66	-4.58
EBIT Margin %	-48.79	-65.07	-66.86	-31.26	-5.02
Income From Continuing Operations Margin %	-49.41	-64.85	-112.58	-29.7	-4.2
Net Income Margin %	-49.41	-64.85	-112.58	-29.7	-4.2
Net Avail. For Common Margin %	-55.76	-64.85	-112.58	-29.7	-4.2
Normalized Net Income Margin	-30.34	-40.59	-41.7	-18.53	-2.54
Levered Free Cash Flow Margin	-44.38	-45.48	10.08	-20.51	2.85
Unlevered Free Cash Flow Margin	-44.38	-45.48	10.08	-20.51	2.85
Asset Turnover
Asset Turnover	0.53	0.5	0.75	1.42	2.32
Fixed Assets Turnover	8.11	9.17	10.06	89.88	116.78
Receivables Turnover (Average Receivables)	42.48	34.92	25.93	27.2	31.09
Inventory Turnover (Average Inventory)	3.92	2.99	3.47	3.58	3.76
Short Term Liquidity
Current Ratio	27.7	12.59	3.69	3.73	3.03
Quick Ratio	24.37	6.44	2.6	2.02	1.74
Operating Cash Flow to Current Liabilities	-5.38	-5.84	-1.92	-2.46	0.15
Days Sales Outstanding (Average Receivables)	8.62	10.45	14.07	13.42	11.77
Days Outstanding Inventory (Average Inventory)	93.29	122.02	105.1	102.01	97.32
Average Days Payable Outstanding	15.61	12.91	13.72	20.67	26.97
Cash Conversion Cycle (Average Days)	86.3	119.57	105.45	94.77	82.13
Long Term Solvency
Total Debt/Equity	0.06	-	0.6	2.85	1.87
Total Debt / Total Capital	0.06	-	0.6	2.77	1.83
LT Debt/Equity	0.06	-	0.34	1.82	1.06
Long-Term Debt / Total Capital	0.06	-	0.34	1.77	1.04
Total Liabilities / Total Assets	3.39	5.76	25.06	25.62	31.48
EBIT / Interest Expense	-	-	-	-	-
EBITDA / Interest Expense	-	-	-	-	-
(EBITDA - Capex) / Interest Expense	-	-	-	-	-
Total Debt / EBITDA	-0	-	-0.01	-0.04	-0.17
Net Debt / EBITDA	5.4	1.01	0.83	0.75	5.84
Total Debt / (EBITDA - Capex)	-0	-	-0.01	-0.04	-0.17
Net Debt / (EBITDA - Capex)	4.97	0.92	0.79	0.74	5.74
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	98.47	42.77	-2.67	-4.48	26.5
Gross Profit, 1 Yr. Growth %	33.77	43.37	-45	98.82	71.5
EBITDA, 1 Yr. Growth %	44.53	84.44	-0.55	-53.26	-81.69
EBITA, 1 Yr. Growth %	44.99	82.28	-0.23	-54.19	-81.09
EBIT, 1 Yr. Growth %	44.99	85.26	0.04	-54.19	-79.69
Earnings From Cont. Operations, 1 Yr. Growth %	51.11	85.76	68.98	-74.8	-82.09
Net Income, 1 Yr. Growth %	51.11	85.76	68.98	-74.8	-82.09
Normalized Net Income, 1 Yr. Growth %	47.45	85.82	0.26	-56.08	-82.66
Diluted EPS Before Extra, 1 Yr. Growth %	801.6	1.73	65.8	-75.21	-83.26
Accounts Receivable, 1 Yr. Growth %	118.2	51.1	17.79	-31.59	72.43
Inventory, 1 Yr. Growth %	186	52.36	-40.34	2.7	1.11
Net Property, Plant and Equip., 1 Yr. Growth %	3.49	28.45	-95.85	67.95	-44.66
Total Assets, 1 Yr. Growth %	402.02	-20.03	-54.38	-39.97	6.8
Tangible Book Value, 1 Yr. Growth %	895.28	-36.12	-58.43	-42.17	-0.22
Common Equity, 1 Yr. Growth %	880.7	-21.99	-63.72	-40.42	-1.61
Cash From Operations, 1 Yr. Growth %	56.32	50.48	-35.23	-24.78	-108.04
Capital Expenditures, 1 Yr. Growth %	-56.54	92.9	-43.55	-87.52	-82.8
Levered Free Cash Flow, 1 Yr. Growth %	50.41	-18.57	-122.23	-296.59	-117.56
Unlevered Free Cash Flow, 1 Yr. Growth %	51.01	-18.57	-122.23	-296.59	-117.56
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	77.11	67.61	17.88	-3.58	9.93
Gross Profit, 2 Yr. CAGR %	59.82	36.2	-11.2	4.57	84.66
EBITDA, 2 Yr. CAGR %	21.38	64.86	35.41	-32.72	-70.75
EBITA, 2 Yr. CAGR %	22.69	64.1	34.83	-33.27	-70.57
EBIT, 2 Yr. CAGR %	22.69	65.43	36.11	-33.15	-69.5
Earnings From Cont. Operations, 2 Yr. CAGR %	23.25	67.54	77.17	-34.75	-78.76
Net Income, 2 Yr. CAGR %	23.25	67.54	77.17	-34.75	-78.76
Normalized Net Income, 2 Yr. CAGR %	22.16	67.09	36.32	-34.76	-72.4
Diluted EPS Before Extra, 2 Yr. CAGR %	0.27	202.86	29.88	-35.89	-79.63
Accounts Receivable, 2 Yr. CAGR %	49.66	81.58	33.41	-10.23	8.61
Inventory, 2 Yr. CAGR %	135.57	108.75	-4.66	-21.72	1.9
Net Property, Plant and Equip., 2 Yr. CAGR %	81.95	19.63	-71.56	-73.58	-3.59
Total Assets, 2 Yr. CAGR %	90.6	100.36	-39.6	-47.67	-19.93
Tangible Book Value, 2 Yr. CAGR %	1.31K	152.14	-48.47	-50.97	-24.03
Common Equity, 2 Yr. CAGR %	1.62K	176.59	-46.8	-53.51	-23.43
Cash From Operations, 2 Yr. CAGR %	24.88	53.05	-1.27	-30.2	-75.41
Capital Expenditures, 2 Yr. CAGR %	21.52	-8.44	4.36	-73.46	-85.35
Levered Free Cash Flow, 2 Yr. CAGR %	-	47.7	-58.09	-34.28	-41.25
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	48	-58.09	-34.28	-41.25
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	64.36	39.83	9.9	5.56
Gross Profit, 3 Yr. CAGR %	-	52.43	0.67	16.17	23.32
EBITDA, 3 Yr. CAGR %	-	40.45	39.28	-5.85	-56.4
EBITA, 3 Yr. CAGR %	-	40.88	39	-6.73	-56.17
EBIT, 3 Yr. CAGR %	-	41.64	39.88	-6.12	-55.06
Earnings From Cont. Operations, 3 Yr. CAGR %	-	41.31	68.02	-7.52	-57.6
Net Income, 3 Yr. CAGR %	-	41.31	68.02	-7.52	-57.6
Normalized Net Income, 3 Yr. CAGR %	-	41.38	40.82	-7.6	-58.05
Diluted EPS Before Extra, 3 Yr. CAGR %	-	0.76	147.76	-25.23	-59.03
Accounts Receivable, 3 Yr. CAGR %	-	50.14	57.19	6.78	11.59
Inventory, 3 Yr. CAGR %	-	103.72	37.5	-2.27	-14.75
Net Property, Plant and Equip., 3 Yr. CAGR %	-	66.04	-55.16	-48.59	-66.2
Total Assets, 3 Yr. CAGR %	-	42.69	22.35	-39.72	-33.62
Tangible Book Value, 3 Yr. CAGR %	-	401.94	38.26	-46.45	-37.87
Common Equity, 3 Yr. CAGR %	-	513.26	40.53	-44.75	-40.31
Cash From Operations, 3 Yr. CAGR %	-	32.7	14.91	-9.83	-66.04
Capital Expenditures, 3 Yr. CAGR %	-	41.76	-22.07	-48.59	-77.03
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-22.22	-30.11	-57.67
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-22.11	-30.11	-57.67
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	32.78	27
Gross Profit, 5 Yr. CAGR %	-	-	-	31.1	28.32
EBITDA, 5 Yr. CAGR %	-	-	-	4.62	-25.78
EBITA, 5 Yr. CAGR %	-	-	-	4.47	-25.68
EBIT, 5 Yr. CAGR %	-	-	-	4.88	-24.32
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	3.74	-26.53
Net Income, 5 Yr. CAGR %	-	-	-	3.74	-26.53
Normalized Net Income, 5 Yr. CAGR %	-	-	-	3.71	-27.12
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-15.91	-8.8
Accounts Receivable, 5 Yr. CAGR %	-	-	-	22.22	35.58
Inventory, 5 Yr. CAGR %	-	-	-	38.96	21.97
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-13.5	-39.1
Total Assets, 5 Yr. CAGR %	-	-	-	-4.47	3.26
Tangible Book Value, 5 Yr. CAGR %	-	-	-	97.96	8.81
Common Equity, 5 Yr. CAGR %	-	-	-	118.54	10.22
Cash From Operations, 5 Yr. CAGR %	-	-	-	2.63	-37.98
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-27.47	-60.06
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-30.64
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-30.58