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VPR Brands LP VPRB

Consumer Defensive Tobacco
VPR Brands, LP is a technology company and an intellectual property (IP) holding company. The Company is engaged in various monetization strategies of its United States patents covering electronic cigarette, vaporizer technologies, and related accessories. It designs, develops, markets, and distributes products oriented towards the cannabis markets, including the ELF and HONEYSTICK brand of vaporizers and DISSIM Lighters. It has several trademarks (ELF, HONEYSTICK, PHANTOM, RIPPER, VPOD, VAPOR X) for licensing activities. The Company is also engaged in product development for the vapor or vaping market, including e-liquids. Electronic cigarettes are electronic devices, which deliver nicotine through atomization, or vaping of e-liquids and without smoke, and other chemicals constituents typically found in traditional tobacco burning cigarette products.


OTCQB:VPRB - Post by User

VPR Brands LP
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Post by CashSeekeron May 17, 2024 8:58am
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Post# 36045061

VPR Brands ($VPRB) Reports First Quarter 2024 FinancialS

VPR Brands ($VPRB) Reports First Quarter 2024 FinancialS
$VPRB EQS-News: VPR Brands (VPRB) Reports First Quarter 2024 Financial Results
Key Financial Highlights for Q1 2024:
Total Revenues: $1,518,759, compared to $3,081,021 in Q1 2023
Gross Profit: $476,856, compared to $523,673 in Q1 2023
Net Income: $203,059, up from $25,314 in Q1 2023
Operating Expenses: $646,866, compared to $404,665 in Q1 2023
Net Cash Provided by Operating Activities: $23,444, compared to net cash used of $281,528 in Q1 2023
Total Assets: $3,103,269, compared to $3,191,246 as of December 31, 2023
Total Liabilities: $2,285,900, down from $2,576,936 as of December 31, 2023
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