← BackcbdMD, Inc. · Perfumes, Cosmetics & Other Toilet PreparationsYCBD
Elevated riskNext report: Due any day
The short versionA company still losing money with growing sales.
Going well
- Sales up 21% in the latest quarter vs a year ago
- No debt reported
Watch out for
- Share count growing 44.7% a year (dilution)
- Losing money
Money moves
- No insider buying or selling in the last 30 days
- Institutions cut 2.5% from their holdings in the quarter ending June 2026 (8 bought, 8 sold)
Facts from SEC filings, not a recommendation.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$5.6M+21% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $20.9M, up 10% from the 12 months before. Over 5 years, sales shrank about 15% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.-37.8%
- PassDebt under half of equityNot relying on borrowed money.No debt reported
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-10.6%
- MissProfitable every yearSteady profits, not one good year.2 of 10 years
- MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$1.6M
- MissShare count not growingNot diluting owners. Falling means buybacks.+203.0% in 3 years
- PassGross margin 40%+Pricing power: sells for well above what it costs to make.62.4%
- Revenue
- $19.2M
- -3.7% vs prior year
- 5-year growth
- -14.5%/yr
- revenue, per year
- Total debt
- None
- 0.00x equity
- Current ratio
- 2.94x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $5.6M
- +20.6% YoY
- EPS
- -$0.11
- vs -$0.21
- Op. margin
- -20.4%
- -0.8 pts
- Gross margin
- 54.7%
- -6.8 pts
- Free cash flow
- -$460K
- Share count
- +25.7%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 0.2
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-2.5%Institutions cut 2.5% from their holdings. 8 bought, 8 sold.
Shares held by institutions918K
Sep '24Jun '26
Share count growthYearly rate, last 3 years
+57.5%Cash runwayAt last year's cash burn
18 monthsDebt to equityLatest balance sheet: debt compared with what owners have
No debt reportedShares outstandingLatest reported
11MWhy elevated risk- Losing money
- About 18 months of cash left at its current burn
- Share count growing 57.5% a year (dilution)
Next reportDue any dayEstimated from the same quarter last year
- Results filedNov 25, 2025
- Results filedAug 12, 2021
- Results filedMay 12, 2021
- Results filedDec 2, 2020
- Results filedOct 27, 2020
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
Stock awardWilliam F Iii RainesDirector
1,572 shares
- +13% of holdings
- Now owns 13,676 shares
- Filed 2 days after trade
Stock awardScott G. StephenDirector
1,572 shares
- +55% of holdings
- Now owns 4,412 shares
- Filed 2 days after trade
Stock awardBakari T. SellersDirector
1,572 shares
- +57% of holdings
- Now owns 4,324 shares
- Filed 2 days after trade
Stock awardSibyl Nichole SwiftDirector
1,572 shares
- +61% of holdings
- Now owns 4,145 shares
- Filed 2 days after trade
Stock awardKevin Charles RoeDirector
1,572 shares
- +6% of holdings
- Now owns 26,707 shares
- Filed 2 days after trade
Stock awardJeffrey H PorterDirector
1,572 shares
- +100% of holdings
- Now owns 3,144 shares
- Filed 2 days after trade