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22nd Century Group, Inc.
Market Cap
P/E
PEG
-97.1%
ROCE
N/M
ROE
0.06
D/E
-65.8%
OPM
1
α RS
🌏 Global Investor Returns
Currency-adjusted total returns for XXII including FX impact
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📈 Price History
Ratio Health
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Average
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By Category
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About

22nd Century Group, Inc., a tobacco products company, manufactures, distributes, and sells proprietary new reduced nicotine tobacco products in the United States.

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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-08-13
Q2 2026 saw a strategic shift to higher-margin branded products, with net revenue down 29% sequentially but gross loss narrowing. Distribution expanded to 2,000 stores, targeting 5,000 by year-end, and new product launches and pricing discipline are expected to drive margin improvement.
Q1 2026 Q1 2026 2026-05-07
Q1 2026 saw 16% sequential revenue growth and improved gross loss, driven by expanding VLN retail distribution and early consumer adoption. The company targets 5,000 outlets by year-end and expects stronger momentum in the second half as marketing investments ramp up.
Q4 2025 Q4 2025 2026-03-26
2025 was a pivotal year, shifting from restructuring to growth, launching VLN low-nicotine products and expanding retail presence. Financials improved with reduced losses and a debt-free balance sheet, while new capital supports 2026 growth plans.
Q3 2025 Q3 2025 2025-11-04
Q3 2025 saw a strategic shift to higher-margin branded VLN products, improved balance sheet with no debt, and $14M in cash post-quarter. The company targets EBITDA break-even by Q2 2026, with expanding VLN distribution and strong alignment with FDA harm reduction goals.
Q2 2025 Q2 2025 2025-08-14
Q2 2025 saw a revenue decline to $4M and continued net losses as the business shifts from low-margin CMO to high-margin branded VLN products. Profitability is now targeted for H1 2026, with new product launches and expanded distribution expected to drive gross margin improvement.
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📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

⚠️ Important Disclaimers — Please read without fail.

Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

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Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

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