1606 Corp.

Market Cap $944.32K
Debt $1.45M
Cash $75.00K
EV $2.32M
FCF $NaN

Earnings

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Sales & Net Margins

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Earnings	-$1.50M
EBIT	-$1.50M
ROA	-769%
Equity	-$1.92M
Growth Stability	1
PE	-0.63
PB	-0.49
P/S	128.93
Price/Cash	0.08
Debt/Equity	-0.76
Net Margins	-9K%
Gross Margins	52%
Op. Margins	-21K%
Sales Growth YoY	-100%
Sales Growth QoQ	-100%
Sales CAGR	-58%
Earnings Growth YoY	-28%

Earnings Growth QoQ	18%
Sales CAGR 5Y	-58%
Earnings CAGR 3Y	-60%
Sales CAGR 3Y	-60%
Market Cap	$944.32K
Revenue	$7.32K
Assets	$195.66K
Total Debt	$1.45M
Cash	$75.00K
Shares Outstanding	75.55M
EV	2.32M
Working Capital	-702.08K
Current Ratio	0.22
Shares Growth 3y	30%
Equity Growth QoQ	19%
Equity Growth YoY	178%

Assets & ROA

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Stockholders Equity & ROE

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1606 Corp., an early-stage sales marketing company, manufactures and markets smokable-hemp products in the United States. It offers nicotine and tobacco-free alternative to cigarettes and vaping products using industrial grade hemp. The company sells and distributes its products to distributors, convenience stores, smoke shops, and individual purchasers. It offers its products online through 1606hemp.com. 1606 Corp. was founded in in 2019 and is headquartered in Phoenix, Arizona.

SEC Filings

Direct access to 1606 Corp. (CBDW) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Jun 30
- 10-Q Mar 31
2023
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2022
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31

Sector Comparison

How does 1606 Corp. compare to its competitors?

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Peter Lynch's Chart

This chart shows the current pricing of 1606 Corp. compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

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1606 Corp. Discounted Cash Flow

Fully customizable DCF calculator online for 1606 Corp..

Years

Calculation mode

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
DCF		$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Value	$0

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	12/2020	12/2021	12/2022	12/2023	TTM
Net Margins	-335%	-927%	-4K%	-99K%	-9K%
ROA	-	-735%	-233%	-1K%	-769%
ROE	-	145%	91%	112%	-

Bad Net Margins (-8.7K%)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	12/2020	12/2021	12/2022	12/2023	TTM
Debt over FCF	-	-	-	-	-
Debt over Equity	-	-	-	-0.71	-0.76
Growth Stability	-	-	-	-	1

Neutral Debt/FCF ratio (-)

Net Margins are at a level that is not too high nor too low. They are not a competitive advantage but they are not a competitive disadvantage either.

Good Debt/Equity ratio (-0.76)

The company is not overleveraged and has a good balance between equity and debt.

Good Graham’s Stability (1)

The company has a good stability in its earnings, which is a sign of a good competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	12/2020	12/2021	12/2022	12/2023	CAGR 5Y
Revenue YoY growth	-	-50%	-59%	-89%	-58%
Earnings YoY growth	-	39%	71%	193%	-
Equity YoY growth	-	-532%	174%	138%	-
FCF YoY growth	-	-	-	-	-