ToughBuilt Industries, Inc. (TBLT)
| Market Cap | 5.81M |
| Revenue (ttm) | 89.62M |
| Net Income (ttm) | -51.31M |
| Shares Out | 36.92M |
| EPS (ttm) | -3.05 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,062,346 |
| Open | 0.155 |
| Previous Close | 0.166 |
| Day's Range | 0.155 - 0.163 |
| 52-Week Range | 0.131 - 2.350 |
| Beta | 2.42 |
| Analysts | Strong Buy |
| Price Target | 2.00 (+1,169.84%) |
| Earnings Date | Nov 14, 2023 |
About TBLT
ToughBuilt Industries, Inc. engages in design, development, manufacture, and distribution of home improvement and construction products for the building industry in the United States and internationally. It offers tool pouches, tool rigs, tool belts and accessories, tools bags, totes, various storage solutions, and office organizers/bags for laptop/tablet/cellphones, etc.; and kneepads. The company also provides sawhorses, miter saws, table saws, roller stands, and workbenches; sawhorse/jobsite tables; and digital measures, including lasers and... [Read more]
Financial Performance
In 2022, TBLT's revenue was $95.25 million, an increase of 36.03% compared to the previous year's $70.03 million. Losses were -$46.76 million, 24.6% more than in 2021.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for TBLT stock is "Strong Buy" and the 12-month stock price forecast is $2.0.
News
ToughBuilt Industries, Inc. Announces Reverse Stock Split
Common Stock Will Begin Trading on a Split-Adjusted Basis of 1-for-65 Common Stock Will Begin Trading on a Split-Adjusted Basis of 1-for-65
ToughBuilt Industries Announces Third Quarter 2023 Results
Revenue increased 9% quarter-over-quarter to $20.6 million Operating expenses decreased 11% year-over-year to $15.4 million, over $2 million saved.
Toughbuilt Industries to Report Third Quarter 2023 Financial Results on November 14, 2023
LAKE FOREST, Calif., Nov. 13, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), today reports that it will hold an earnings call to discuss the Company's 2023 ...
ToughBuilt Industries Launched Innovative StackTech™ Line: A Mobile Stacking Tool Organization Ecosystem
IRVINE, Calif., Oct. 24, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt” or the Company”) (NASDAQ: TBLT; TBLTW), announced today that the Company has released its revolutionary Stac...
ToughBuilt Industries Announces Distribution of Series H Preferred Stock to Holders of its Common Stock
IRVINE, Calif., Sept. 21, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries Inc. (NASDAQ: TBLT; TBLTW) (“ToughBuilt” or the “Company”) today announced that its Board of Directors declared a dividend of o...
Toughbuilt Industries Announces Second Quarter 2023 Results
Revenue increased 5.5% year-over-year to $18.9 million Gross profit increased 18.5% year-over-year to $5.8 million Gross Margin increased by 330 basis points year-over-year to 31% Net loss improved 53...
ToughBuilt Industries to Report Second Quarter 2023 Financial Results on August 22, 2023
LAKE FOREST, Calif., Aug. 17, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), today reports that it will hold an earnings call to discuss the Company's 2023 ...
ToughBuilt Industries Expands European Distribution in France and Spain
IRVINE, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt” or the “Company") (NASDAQ: TBLT; TBLTW) has announced today, the Company is expanding distribution in the Eu...
ToughBuilt Expands Distribution in the United Kingdom, Entering into Two of The Largest National Trade Retailers
IRVINE, Calif., Aug. 03, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt” or the Company”) (NASDAQ: TBLT; TBLTW), announced today that the Company is expanding distribution to custom...
ToughBuilt Industries Reports $3.61 Million in Q2 2023 Sales Through Amazon
IRVINE, Calif., July 11, 2023 (GLOBE NEWSWIRE) -- {{DATELINECITY_DATE_GLOBENEWSWIRE_BUG}ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), announced today that the Company's gross sales...
ToughBuilt Industries Announces Closing of $4.5 Million Public Offering
IRVINE, Calif., June 23, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), today announced the closing of its previously announced public offe...
ToughBuilt Industries Announces Pricing of $4.5 Million Public Offering
IRVINE, Calif., June 21, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), today announced the pricing of a public offering of 10,975,611 shar...
ToughBuilt Industries to Report First Quarter 2023 Financial Results on May 22, 2023
IRVINE, Calif., May 17, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), reports today that it will broadcast a pre-recorded earnings call wh...
ToughBuilt Industries Reports $3.8 Million In Q1 2023 Sales Through Amazon
Increased Amazon Sales in Q1 represents a 10% growth from the same period in 2022 Increased Amazon Sales in Q1 represents a 10% growth from the same period in 2022.
CORRECTION -- ToughBuilt Industries Announces Fourth Quarter and Full Year 2022 Results
ToughBuilt Industries Announces Fourth Quarter and Full Year 2022 Results
ToughBuilt Industries to Report Fourth Quarter and Full Year 2022 Financial Results on March 15, 2023
LAKE FOREST, Calif., March 03, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), today reports that it will hold an earnings call to discuss the Company's 2022...
ToughBuilt Announces Innovative New Line of Pliers and Clamps
The new line adds more than 40 additional SKUs to ToughBuilt's current hand tools product offering The new line adds more than 40 additional SKUs to ToughBuilt's current hand tools product offering
Toughbuilt Industries Announces the Launch of New Handheld Wrenches
IRVINE, Calif., Jan. 30, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW) announced today the launch of more than 20 new SKUs into the Handheld Wrenches segmen...
ToughBuilt Announces New Expanded South American Distribution Agreement With Sodimac
IRVINE, Calif., Jan. 25, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), is pleased to announce that the Company is expanding its distribution agreement with...
ToughBuilt Industries Launches All-New Screwdrivers
IRVINE, Calif., Jan. 17, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW) announced today the launch of more than 40 new SKUs into the Handheld Screwdrivers s...
ToughBuilt Industries Announces 15.91 Million USD in Amazon 2022 Sales
IRVINE, Calif., Jan. 09, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW) announced today that gross global Amazon sales for 2022 through Amazon.com were appro...
ToughBuilt Industries Launched 200+ New SKUs in 2022
IRVINE, Calif., Dec. 19, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW) closes a year of landmark product launches and accolades, having announced more than...
ToughBuilt Industries Inc. Launches New Line of Long-Handle Garden and Landscaping Tools
IRVINE, Calif., Dec. 05, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), announced today the launch of the Company's new line of Long Handle Garden and Lands...
ToughBuilt Industries Expands Relationships with Additional SKUs Available in Three Major Retailers Across Europe
IRVINE, Calif., Dec. 01, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt" or the “Company”) (NASDAQ: TBLT; TBLTW) has today confirmed the Company is strengthening its relationship wi...
ToughBuilt Enters Into Distribution Agreement with One of Kazakhstan's Largest Equipment Supplier
IRVINE, Calif., Nov. 22, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW) has announced today that it has entered into a distribution agreement with Lamed LLP ...