Toughbuilt Industries, Inc
DelistedCIK 1668370fmd_17DBY9DRYHM2GW3SXFFJW849H1Manufacturing · Cutlery, Handtools & General HardwareTemplate: Standard
Coverage: Jan 01, 2017 to Dec 31, 2023, 26 periods
Latest annual · FY2023
Millions- Total revenues
- 76
- Gross profit
- 16
- Operating income
- (57)
- Net income
- (46)
- Free cash flow
- (8)
Latest quarter · Q4 FY2023
Millions- Total revenues
- 21
- Gross profit
- 4
- Operating income
- (18)
- Net income
- (17)
- Free cash flow
- (0)
Key stats
Open AnalysisCompound annual growth
- Revenue, 3 yearsFY2020 to FY2023
- +24.6%
- Revenue, 5 yearsFY2018 to FY2023
- +37.9%
- Net income, 5 yearsFY2018 to FY2023
- n/m
Toughbuilt Industries, Inc financials: quick answers
Annual figures as filed with the SEC. Each number links to the filing it came from and to its proof.
| Metric | FY2023 | FY2022 | Change | Source |
|---|---|---|---|---|
| Revenue | $76.3 million | $95.3 million | -19.9% | 10-K 2024-12-23 · proof |
| Gross profit | $16.4 million | $25.2 million | -34.9% | 10-K 2024-12-23 · proof |
| Operating income | -$57.2 million | -$52.3 million | 10-K 2024-12-23 · proof | |
| Net income | -$46.4 million | -$39.3 million | 10-K 2024-12-23 · proof | |
| Cash from operating activities | -$5.1 million | -$37.3 million | 10-K 2024-12-23 · proof | |
| Free cash flow | -$7.6 million | -$42.4 million | 10-K 2024-12-23 · proof | |
| Total assets | $51.8 million | $83.9 million | -38.3% | 10-K 2024-12-23 · proof |
| Total liabilities | $61.5 million | $54.2 million | +13.5% | 10-K 2024-12-23 · proof |
| Cash and cash equivalents | $1.2 million | $2.6 million | -55.1% | 10-K 2024-12-23 · proof |
- What was Toughbuilt Industries, Inc's revenue in fiscal 2023?
- Toughbuilt Industries, Inc reported revenue of $76.3 million for fiscal 2023 (the year ended Dec 31, 2023), against $95.3 million the year before (-19.9%). Source: the 10-K filed with the SEC on Dec 23, 2024. SEC
- What was Toughbuilt Industries, Inc's gross profit in fiscal 2023?
- Toughbuilt Industries, Inc reported gross profit of $16.4 million for fiscal 2023 (the year ended Dec 31, 2023), against $25.2 million the year before (-34.9%). Source: the 10-K filed with the SEC on Dec 23, 2024. SEC
- What was Toughbuilt Industries, Inc's operating income in fiscal 2023?
- Toughbuilt Industries, Inc reported operating income of -$57.2 million for fiscal 2023 (the year ended Dec 31, 2023), against -$52.3 million the year before. Source: the 10-K filed with the SEC on Dec 23, 2024. SEC
- What was Toughbuilt Industries, Inc's net income in fiscal 2023?
- Toughbuilt Industries, Inc reported net income of -$46.4 million for fiscal 2023 (the year ended Dec 31, 2023), against -$39.3 million the year before. Source: the 10-K filed with the SEC on Dec 23, 2024. SEC
- What was Toughbuilt Industries, Inc's cash from operating activities in fiscal 2023?
- Toughbuilt Industries, Inc reported cash from operating activities of -$5.1 million for fiscal 2023 (the year ended Dec 31, 2023), against -$37.3 million the year before. Source: the 10-K filed with the SEC on Dec 23, 2024. SEC
- What was Toughbuilt Industries, Inc's free cash flow in fiscal 2023?
- Toughbuilt Industries, Inc reported free cash flow of -$7.6 million for fiscal 2023 (the year ended Dec 31, 2023), against -$42.4 million the year before. Source: the 10-K filed with the SEC on Dec 23, 2024. SEC
- What are Toughbuilt Industries, Inc's total assets?
- As of Dec 31, 2023, Toughbuilt Industries, Inc reported total assets of $51.8 million, against $83.9 million a year earlier (-38.3%). Source: the 10-K filed with the SEC on Dec 23, 2024. SEC
- What are Toughbuilt Industries, Inc's total liabilities?
- As of Dec 31, 2023, Toughbuilt Industries, Inc reported total liabilities of $61.5 million, against $54.2 million a year earlier (+13.5%). Source: the 10-K filed with the SEC on Dec 23, 2024. SEC
- What are Toughbuilt Industries, Inc's cash and cash equivalents?
- As of Dec 31, 2023, Toughbuilt Industries, Inc reported cash and cash equivalents of $1.2 million, against $2.6 million a year earlier (-55.1%). Source: the 10-K filed with the SEC on Dec 23, 2024. SEC
Read from the FinancialMD API on Nov 13, 2026. Values change only when a new filing is made; see the Financials tab for every period and as-of replay.
The same numbers for an agent, with proof on every value:
curl "https://api.financial.md/v1/company/financials/income_statement/standardized?company=cik:1668370&period_type=annual&limit=5"Information only, not investment advice.