Sugarmade Revenue 2024

Sugarmade Revenue

4.72 M USD

Sugarmade Dividend yield

Ticker

SGMD

ISIN

US8650401099

In 2024, Sugarmade's sales reached 4.72 M USD, a 18.52% difference from the 3.98 M USD sales recorded in the previous year.

The Sugarmade Revenue history

YEARREVENUE (undefined USD)GROSS MARGIN (%)
20224.7259,70
20213.9845,88
20204.3634,63
20194.6427,36
20184.4427,32
20174.130,92
20164.3533,54
20152.9129,67
20140.07-28,57
20130.24-8,33
20120.14-121,43
20110.04-50,00
2010--
2009--
2008--
2007--
2006--

Sugarmade Aktienanalyse

What does Sugarmade do?

Sugarmade Inc is a company focused on the development, production, and distribution of various products in the hemp and cannabis cultivation industry. The company was originally founded in 2009 and is headquartered in Montebello, California. Business model Sugarmade Inc's business model is based on the increasing demand for high-quality products in the hemp and cannabis cultivation industry in the USA. The company aims to develop products that meet customer needs and high quality standards, with a focus on sustainability and environmental friendliness in production. Various divisions The company is divided into different business segments that focus on various products and services, including: - Hydroponic systems: Sugarmade Inc offers efficient and easy-to-use hydroponic systems and components for the cultivation of hemp and other plants. - Growing accessories: The company produces and distributes various products related to hemp cultivation, such as pots, soil, fertilizers, and other useful tools. - Packaging solutions: Sugarmade Inc also produces packaging solutions for cannabis products, ensuring compliance with legal requirements and safe storage. - Marketing and advertising: The company provides marketing and advertising services to assist other companies in the hemp and cannabis cultivation industry in promoting their products. Products Sugarmade Inc offers a range of products related to hemp cultivation and cannabis, including: - LED grow lights: The company produces and distributes efficient and long-lasting LED grow lights specifically designed for hemp and plant cultivation. - Growth media: Various growth media tailored to the needs of hemp plants, which can be used as additional substrates or main mediums. - Grow boxes: Sugarmade Inc provides easy-to-assemble grow boxes that allow for hemp cultivation in enclosed spaces, providing an ideal environment for optimal growth. - Packaging solutions: The company also produces high-quality packaging solutions with appealing designs for cannabis products. Conclusion Sugarmade Inc specializes in the development, production, and distribution of various products in the hemp and cannabis cultivation industry. The company aims to meet high customer demands while implementing sustainable and environmentally friendly practices. With its different business segments and wide product range, Sugarmade Inc is well-positioned to meet the increasing demand for products in the hemp and cannabis cultivation industry. Sugarmade ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Revenue Details

Understanding Sugarmade's Sales Figures

The sales figures of Sugarmade originate from the total revenue accrued from goods sold or services provided during a specific time period. These numbers are a direct reflection of the company’s ability to translate its products or services into revenue, indicating the demand and market presence.

Year-to-Year Comparison

Analyzing Sugarmade’s yearly sales data offers insights into the company’s growth and stability. An increase in sales suggests a growing demand for its offerings, efficient marketing, or expansion into new markets. Conversely, a decline might indicate market saturation, increased competition, or less effective strategies.

Impact on Investments

Investors often scrutinize Sugarmade's sales data to evaluate its financial health and growth prospects. Consistent sales growth can be a promising indicator of the company’s profitability and potential return on investment, influencing stock prices and investor confidence.

Interpreting Sales Fluctuations

Increases in Sugarmade’s sales indicate market growth, innovation, or effective marketing, often leading to a surge in stock prices. A decline, however, can signal challenges requiring strategic adjustments to enhance market share and profitability.

Frequently Asked Questions about Sugarmade Stock

How much revenue did Sugarmade generate this year?

Sugarmade has achieved a revenue of 4.72 M USD this year.

How much was the turnover of the company Sugarmade compared to the previous year?

The revenue of Sugarmade has increased by 18.52% increased compared to the previous year.

What does revenue mean for investors?

The revenue of a company is an important indicator of its financial performance and attractiveness for investors.

Which factors influence the revenue of Sugarmade?

The revenue of Sugarmade is influenced by various factors, including the demand for its products and services, market conditions, and prices.

How is the revenue of Sugarmade measured?

Revenue is typically measured in units referring to the sale of goods and services provided by the company.

How does an increase in sales affect investments?

An increase in revenue can prompt investors to invest more money in the company as it serves as a positive signal for its financial performance and growth prospects.

What are the possible risks associated with a declining revenue?

A decline in revenue can prompt investors to invest less money in the company, as it is a negative signal for its financial performance and growth prospects.

Why is the sales revenue of Sugarmade so important for investors?

The revenue of Sugarmade is an important indicator of financial performance and attractiveness for investors.

What strategic measures can a company take to increase revenue?

A company can take various strategic measures to increase revenue, including developing new products and services, introducing new pricing models, and expanding into new markets.

How much dividend does Sugarmade pay?

Over the past 12 months, Sugarmade paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Sugarmade is expected to pay a dividend of 0 USD.

What is the dividend yield of Sugarmade?

The current dividend yield of Sugarmade is .

When does Sugarmade pay dividends?

Sugarmade pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Sugarmade?

Sugarmade paid dividends every year for the past 0 years.

What is the dividend of Sugarmade?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Sugarmade located?

Sugarmade is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Sugarmade kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sugarmade from 5/28/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 5/28/2024.

When did Sugarmade pay the last dividend?

The last dividend was paid out on 5/28/2024.

What was the dividend of Sugarmade in the year 2023?

In the year 2023, Sugarmade distributed 0 USD as dividends.

In which currency does Sugarmade pay out the dividend?

The dividends of Sugarmade are distributed in USD.

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Andere Kennzahlen von Sugarmade

Our stock analysis for Sugarmade Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Sugarmade Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.