Stock Market logoStock Market Station

All the stock market news, every minute updated!

17 September 2021
21:35 hour

Kaival Brands Innovations reports FQ3 results

Seeking Alpha

15/09/2021 - 01:21


READ THE FULL ARTICLE ON SEEKING ALPHA

Related headlines:

  1. Kaival Brands Innovations announces reverse-stock-split to meet Nasdaq requirements (14/07/2021 - Seeking Alpha)

    [visit article]
  2. KAVL Write-up with Sources (10/09/2021 - Reddit Stocks)
    KAVL has been taking off over the last couple of days. I think there is still a lot of potential. Here is my write up with sources. Background: KAVL is a public US company. They distribute Bibi Sticks and Bidi Pouches (Product line about to launch soon). The reason the company is structured like this is because Bidi is a foreign manufacturer of vape / tobacco products. It is against US regulations for a foreign manufacturer of these type of products to distribute directly in the US. So KAVL being public in the US is allowed to distribute in the US. Kaival Brands Innovations Group Inc. is poised To Benefit From Ongoing Shift Away From Combustible Tobacco Products: - To summarize, KAVL has been extremely diligent, making sure their product passes FDA regulation. Many of their competitors fail to do this. It is my assumption that the FDA grants grace periods for new vape products entering the market. Many companies pump during their grace period, then dissolve and restructure. You have seen this with Puff >Fume and other similar companies. KAVL has built their company around making sure they meet FDA regulations so they can build their product and brand. Sources: - https://www.digitaljournal.com/pr/kaival-brands-positions-to-rival-big-tobacco-as-new-regulations-squeeze-competition-bidi-pouch-sets-for-september-launch-otcmkts-kavl - https://www.prnewswire.com/news-releases/kaival-brands-applauds-fdas-continued-enforcement-against-unauthorized-ends-products-301357652.html - https://ir.kaivalbrands.com/news/news-details/2021/Kaival-Brands-OTCQB-KAVL-Bidi-Vapor-Announces-Issuance-of-New-U.S.-Patents/default.aspx Argus Research Initiates Equity Research Report Coverage on Kaival Brands Innovations Group, Inc. says this stock is extremely under valued. Should be valued at $22 per share, well above current levels. Source: -https://www.prnewswire.com/news-releases/argus-research-initiates-equity-research-report-coverage-on-kaival-brands-innovations-group-inc-nasdaqcm-kavl-301358597.html Adding new product lines - Bidi Announces Re-launch of COVID-delayed Bidi™ Pouch. This will allow them to tap in to the global Nicotine Pouches market, which is expected to reach US $32.8 billion by the end of 2026, with an expected CAGR of 54.9% through 2026. Source: https://ir.kaivalbrands.com/news/news-details/2021/Kaival-Brands-OTCQB-KAVLD-Announces-Re-launch-of-COVID-delayed-Bidi-Pouch-Initial-Distribution-Secured/default.aspx They took a hit after the last Quarterly Reporting. "Kaival Brands recognizes revenue in two ways, which is similar to other consumer product brands. Typically, the Company will receive an order from a retailer or distributor and subsequently ship from its fulfilment center. Under typical payment terms, Kaival Brands receives payment for the product at the time the customer obtains control of the products. In addition, the Company has some contracts with 120-day payment terms, which is common practice when working with larger wholesalers and distributors. With respect to these types of orders, Kaival Brands fulfills and ships the entire product order upfront to the distributor, and then receives payment for products upon sale of the product by the wholesale or distributor, as applicable, payable on a recurring monthly basis. This payment cycle lasts 120-days. Our most recent orders with 120-day terms, represents an aggregate of approximately $41.6 million, were placed in April 2021 by GSW and C-Store Master. Despite these orders being placed in the second quarter of fiscal 2021, revenue recognition rules require us to recognize revenues once the product sells, or payment is received, of which there can be no assurance." Source: https://ir.kaivalbrands.com/news/news-details/2021/Kaival-Brands-OTCQB-KAVL-Reports-Second-Quarter-Revenues-of-18.1-million-and-an-additional-41.6-million-in-consignment-based-orders-from-Grocery-Store-Warehouse-and-C-Store-Master/default.aspx They have a focus on the China Market and are in 11 other countries. Bidi® Vapor has also been granted two patents in China, which Kaival Brands/Bidi® Vapor view as vital to competing in the world's largest vaping market. The companies have applied for additional patents in the United States and abroad that will expand their IP moat and enhance their reputation for innovation in the fast-growing vape pen market, which Facts & Figures expects to reach $45 billion by 2026. Sources: -https://www.prnewswire.com/news-releases/argus-research-initiates-equity-research-report-coverage-on-kaival-brands-innovations-group-inc-nasdaqcm-kavl-301358597.html -https://ir.kaivalbrands.com/news/news-details/2021/Kaival-Brands-OTCQBKAVL-to-Expand-International-E-Cig-Distribution-to-11-Countries/default.aspx The reverse split is over and they have been up-listed to NASDAQ. We are on the up and up after these 2 huge feats. -https://ir.kaivalbrands.com/news/news-details/2021/Kaival-Brands-OTCQB-KAVL-Implements-Reverse-Stock-Split-To-Meet-NASDAQ-Initial-Listing-Requirements/default.aspx -https://ir.kaivalbrands.com/news/news-details/2021/Kaival-Brands-to-Commence-Trading-on-Nasdaq/default.aspx Site:https://kaivalbrands.com/ Bidi Stick: https://ziipstock.com/products/bidi-stick-disposable-vape Bidi Pouch:https://www.cstoreproductsonline.com/tobacco/bidi-pouch   submitted by   /u/TheMofunkinWolf [link]   [comments]
    [visit article]
  3. Kaival Brands to commence Nasdaq trading (27/07/2021 - Seeking Alpha)

    [visit article]
  4. Kaival Brands announces issuance of new U.S. patents (20/07/2021 - Seeking Alpha)

    [visit article]
  5. Kaival Brands pops on $22.4M in purchase orders from Grocery Supply Warehouse (20/05/2021 - Seeking Alpha)

    [visit article]
  6. Kaival Brands enters into second amended & restated distribution agreement with Bidi Vapor (21/04/2021 - Seeking Alpha)

    [visit article]
  7. G Medical Innovations reports 1H results (15/09/2021 - Seeking Alpha)

    [visit article]
  8. On Track Innovations reports Q2 results (12/08/2021 - Seeking Alpha)

    [visit article]
  9. On Track Innovations reports Q1 results (13/05/2021 - Seeking Alpha)

    [visit article]
  10. On Track Innovations reports Q4 results (01/04/2021 - Seeking Alpha)

    [visit article]
  11. Mydecine Innovations Group reports Q1 results (18/05/2021 - Seeking Alpha)

    [visit article]
  12. Mydecine Innovations Group reports Q2 results (16/08/2021 - Seeking Alpha)

    [visit article]
  13. Mydecine Innovations Group reports FY results (03/05/2021 - Seeking Alpha)

    [visit article]
  14. Earnings Results: Victoria’s Secret parent L Brands cheers ‘record’ quarter (24/02/2021 - Market Watch)
    L Brands Inc. reports better-than-expected quarterly profit, says it negotiated rent relief for most of its landlords.
    [visit article]
  15. VPR Brands reports Q2 results (20/08/2021 - Seeking Alpha)

    [visit article]
  16. VPR Brands reports Q1 results (21/05/2021 - Seeking Alpha)

    [visit article]
  17. Luvu Brands reports Q2 results (16/02/2021 - Seeking Alpha)

    [visit article]
  18. Xcel Brands reports Q2 results (12/08/2021 - Seeking Alpha)

    [visit article]
  19. FitLife Brands reports Q2 results (17/08/2021 - Seeking Alpha)

    [visit article]
  20. Xcel Brands reports FQ4 results (21/04/2021 - Seeking Alpha)

    [visit article]
  21. CENTR Brands reports Q3 results (29/04/2021 - Seeking Alpha)

    [visit article]
  22. Centric Brands reports FQ1 results (25/08/2021 - Seeking Alpha)

    [visit article]
  23. Aegis Brands reports Q2 results (10/08/2021 - Seeking Alpha)

    [visit article]
  24. Luvu Brands reports FQ3 results (17/05/2021 - Seeking Alpha)

    [visit article]
  25. Chalice Brands reports Q2 results (26/08/2021 - Seeking Alpha)

    [visit article]
  26. Ionic Brands reports Q2 results (31/08/2021 - Seeking Alpha)

    [visit article]
  27. Avant Brands reports Q2 results (14/07/2021 - Seeking Alpha)

    [visit article]
  28. FitLife Brands reports Q4 results (26/03/2021 - Seeking Alpha)

    [visit article]
  29. Tofutti Brands reports Q2 results (17/08/2021 - Seeking Alpha)

    [visit article]
  30. Sequential Brands reports Q4 results (15/04/2021 - Seeking Alpha)

    [visit article]
  31. Tofutti Brands reports Q1 results (24/05/2021 - Seeking Alpha)

    [visit article]
  32. Imperial Brands PLC reports 1H results (18/05/2021 - Seeking Alpha)

    [visit article]
  33. PLANT & CO BRANDS reports Q2 results (31/08/2021 - Seeking Alpha)

    [visit article]
  34. Xcel Brands reports Q1 results (17/05/2021 - Seeking Alpha)

    [visit article]
  35. Genius Brands reports Q1 results (18/05/2021 - Seeking Alpha)

    [visit article]
  36. Powered Brands reports Q1 results (04/06/2021 - Seeking Alpha)

    [visit article]
  37. Aegis Brands reports Q1 results (11/05/2021 - Seeking Alpha)

    [visit article]
  38. Unrivaled Brands reports Q2 results (16/08/2021 - Seeking Alpha)

    [visit article]
  39. Glass House Brands reports Q2 results (17/08/2021 - Seeking Alpha)

    [visit article]
  40. Red White & Bloom Brands reports FY results (23/07/2021 - Seeking Alpha)

    [visit article]
  41. Red White & Bloom Brands reports Q1 results (27/07/2021 - Seeking Alpha)

    [visit article]
  42. Hamilton Beach Brands reports Q2 results (04/08/2021 - Seeking Alpha)

    [visit article]
  43. Digital Brands Group reports Q2 results (12/08/2021 - Seeking Alpha)

    [visit article]
  44. Ignite International Brands reports Q2 results (31/08/2021 - Seeking Alpha)

    [visit article]
  45. Torque Lifestyle Brands Inc. reports 1H results (16/08/2021 - Seeking Alpha)

    [visit article]
  46. Icanic Brands Company Inc. reports FQ3 results (06/07/2021 - Seeking Alpha)

    [visit article]
  47. Red White & Bloom Brands reports Q2 results (31/08/2021 - Seeking Alpha)

    [visit article]
  48. Simply Better Brands  reports Q1 results (01/06/2021 - Seeking Alpha)

    [visit article]
  49. Icanic Brands Company Inc. reports FQ2 results (06/04/2021 - Seeking Alpha)

    [visit article]

For more information mailto [email protected]. Disclaimer.