NYSEAMERICAN : LSF
Laird Superfood, Inc. — Financial statements
Consumer Staples · Packaged Foods · United States
Last price 2.54 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 28.43M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Laird Superfood, Inc. (LSF) reported revenue of 81.48M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 81.48M | 49.89M | 43.30M | 34.22M | 35.83M | 36.81M |
| Cost of Revenue | 55.07M | 30.98M | 25.61M | 23.91M | 30.64M | 27.38M |
| Gross Profit | 26.41M | 18.91M | 17.69M | 10.31M | 5.19M | 9.43M |
| Selling, General & Admin | 34.09M | 22.32M | 19.86M | 21.01M | 28.11M | 32.35M |
| Research & Development | 427.54K | 1.03M | ||||
| Operating Expenses | 34.09M | 22.32M | 19.86M | 21.01M | 28.54M | 33.38M |
| Operating Income | -7.68M | -3.41M | -2.17M | -10.70M | -23.35M | -23.94M |
| Other Non Operating Income (Expenses) | 165.93K | 182.63K | 413.25K | 551.06K | 247.09K | 99.70K |
| EBT Excluding Unusual Items | -7.52M | -3.23M | -1.76M | -10.15M | -23.11M | -23.84M |
| Impairment of Goodwill | -6.49M | -8.32K | ||||
| Gain (Loss) on Sale of Investments | -200.00K | |||||
| Asset Writedown | -6.33M | |||||
| Other Unusual Items | -4.20M | |||||
| Pretax Income | -7.52M | -3.23M | -1.76M | -10.15M | -40.32M | -23.85M |
| Income Tax Expense | -4.73M | 20.75K | 60.32K | 15.20K | 20.27K | 17.83K |
| Net Income | -2.79M | -3.25M | -1.82M | -10.16M | -40.34M | -23.87M |
| Preferred Dividends & Other Adjustments | 1.07M | |||||
| Net Income to Common | -3.86M | -3.25M | -1.82M | -10.16M | -40.34M | -23.87M |
| Shares Outstanding (Basic) | 10.79M | 10.55M | 9.95M | 9.30M | 9.15M | 8.98M |
| Shares Outstanding (Diluted) | 10.79M | 10.55M | 9.95M | 9.30M | 9.15M | 8.98M |
| EPS (Basic) | -0.36 | -0.31 | -0.18 | -1.09 | -4.41 | -2.66 |
| EPS (Diluted) | -0.36 | -0.31 | -0.18 | -1.09 | -4.41 | -2.66 |
| Free Cash Flow | -1.11M | -2.86M | 840.73K | -10.91M | -15.47M | -24.14M |
| Free Cash Flow Per Share | -0.10 | -0.27 | 0.09 | -1.17 | -1.69 | -2.69 |
| Gross Margin | 32.41% | 37.91% | 40.85% | 30.13% | 14.48% | 25.62% |
| Operating Margin | -9.43% | -6.84% | -5.02% | -31.26% | -65.18% | -65.05% |
| Profit Margin | -4.74% | -6.52% | -4.20% | -29.70% | -112.59% | -64.85% |
| Free Cash Flow Margin | -1.36% | -5.74% | 1.94% | -31.88% | -43.17% | -65.58% |
| EBITDA | -6.27M | -3.16M | -1.90M | -10.39M | -22.24M | -22.96M |
| EBITDA Margin | -7.70% | -6.33% | -4.40% | -30.37% | -62.06% | -62.38% |
| D&A For EBITDA | 1.41M | 253.72K | 270.27K | 306.18K | 1.12M | 981.60K |
| EBIT | -7.68M | -3.41M | -2.17M | -10.70M | -23.35M | -23.94M |
| EBIT Margin | -9.43% | -6.84% | -5.02% | -31.26% | -65.18% | -65.05% |
| Advertising Expenses | 6.91M | 7.57M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 22.97M | 5.11M | 8.34M | 7.57M | 17.29M | 22.93M |
| Short-Term Investments | 382.52K | 222.48K | 238.72K | 134.90K | 679.92K | |
| Cash & Short-Term Investments | 22.97M | 5.49M | 8.56M | 7.81M | 17.43M | 23.61M |
| Receivables | 10.78M | 3.90M | 1.76M | 1.02M | 1.49M | 1.27M |
| Inventory | 28.27M | 8.27M | 6.85M | 6.77M | 6.59M | 11.05M |
| Prepaid Expenses | 3.08M | 679.26K | 568.55K | 532.13K | 1.22M | 2.54M |
| Restricted Cash | 232.17K | 214.51K | 174.23K | 140.51K | 515.84K | 116.57K |
| Other Current Assets | 284.67K | 51.45K | 65.47K | 277.43K | 9.09M | |
| Total Current Assets | 65.33M | 18.84M | 17.97M | 16.34M | 27.53M | 47.68M |
| Property, Plant & Equipment | 6.43M | 170.08K | 264.15K | 477.33K | 284.21K | 6.84M |
| Goodwill | 31.82M | 6.49M | ||||
| Other Intangible Assets | 42.13M | 207.10K | 1.03M | 1.22M | 1.42M | 4.84M |
| Other Long-Term Assets | 800.00K | |||||
| Total Assets | 145.72M | 19.22M | 19.26M | 18.03M | 30.04M | 65.85M |
| Accounts Payable | 8.52M | 3.09M | 2.14M | 1.65M | 1.08M | 888.77K |
| Accrued Expenses | 8.05M | 4.50M | 3.68M | 2.16M | 5.58M | 2.86M |
| Current Portion of Leases | 769.02K | 109.14K | 105.97K | 138.80K | 59.84K | |
| Current Unearned Revenue | 427.97K | 729.67K | 40.50K | |||
| Other Current Liabilities | 4.12M | |||||
| Total Current Liabilities | 21.45M | 7.71M | 5.92M | 4.38M | 7.45M | 3.79M |
| Long-Term Leases | 2.99M | 46.73K | 140.46K | 243.84K | 76.08K | |
| Long-Term Deferred Tax Liabilities | 7.53K | |||||
| Total Liabilities | 24.44M | 7.76M | 6.06M | 4.62M | 7.53M | 3.79M |
| Common Stock | 11.11K | 10.70K | 10.29K | 9.38K | 9.21K | 9.10K |
| Additional Paid-In Capital | 122.44M | 122.82M | 121.30M | 119.70M | 118.64M | 117.90M |
| Retained Earnings | -111.42M | -111.37M | -108.12M | -106.30M | -96.14M | -55.80M |
| Comprehensive Income & Other | -61.02K | |||||
| Total Common Equity | 11.03M | 11.46M | 13.20M | 13.41M | 22.51M | 62.05M |
| Shareholders' Equity | 121.27M | 11.46M | 13.20M | 13.41M | 22.51M | 62.05M |
| Total Liabilities & Equity | 145.72M | 19.22M | 19.26M | 18.03M | 30.04M | 65.85M |
| Total Debt | 3.76M | 155.88K | 246.43K | 382.64K | 135.92K | |
| Net Cash (Debt) | 19.21M | 5.33M | 8.32M | 7.42M | 17.29M | 23.61M |
| Net Cash Per Share | 1.78 | 0.51 | 0.84 | 0.80 | 1.89 | 2.63 |
| Filing Date Shares Outstanding | 11.19M | 10.93M | 10.30M | 9.41M | 9.22M | 9.09M |
| Total Common Shares Outstanding | 11.11M | 10.69M | 10.29M | 9.38M | 9.21M | 9.09M |
| Working Capital | 43.88M | 11.13M | 12.04M | 11.96M | 20.08M | 43.90M |
| Book Value Per Share | 0.99 | 1.07 | 1.28 | 1.43 | 2.44 | 6.82 |
| Tangible Book Value | -62.93M | 11.26M | 12.17M | 12.20M | 21.09M | 50.73M |
| Tangible Book Value Per Share | -5.67 | 1.05 | 1.18 | 1.30 | 2.29 | 5.58 |
| Land | 947.39K | |||||
| Machinery | 2.81M | 275.54K | 199.09K | 184.24K | 385.07K | 3.87M |
| Construction In Progress | 71.37K | 148.98K | ||||
| Leasehold Improvements | 199.32K | 21.26K | 21.26K | 46.28K | 34.95K | 993.58K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -2.79M | -3.25M | -1.82M | -10.16M | -40.34M | -23.87M |
| Depreciation & Amortization | 1.41M | 253.72K | 270.27K | 306.18K | 1.12M | 981.60K |
| Loss (Gain) From Sale of Assets | -577.06K | |||||
| Asset Writedown & Restructuring Costs | 661.10K | 661.10K | 12.81M | |||
| Stock-Based Compensation | 1.54M | 1.88M | 1.64M | 1.09M | 631.23K | 4.04M |
| Provision & Write-off of Bad Debts | 165.98K | 77.44K | ||||
| Other Operating Activities | -4.00M | 786.95K | 732.50K | 1.46M | 7.59M | 560.80K |
| Change in Accounts Receivable | -2.15M | -2.13M | -719.45K | 306.12K | -303.19K | -384.00K |
| Change in Inventory | 2.61M | -2.51M | -253.02K | -1.90M | 1.76M | -3.62M |
| Change in Accounts Payable | -1.23M | 956.82K | 497.87K | 570.09K | 191.50K | -474.52K |
| Change in Other Net Operating Assets | 2.89M | 562.19K | 519.70K | -2.61M | 2.72M | 672.41K |
| Operating Cash Flow | -1.06M | -2.79M | 865.50K | -10.77M | -14.31M | -22.10M |
| Capital Expenditures | -41.89K | -76.45K | -24.78K | -144.02K | -1.15M | -2.04M |
| Sale of Property, Plant & Equipment | 834.33K | 1.61M | 12.70K | |||
| Cash Acquisitions | -88.87M | -10.45M | ||||
| Sale (Purchase) of Intangibles | -2.71K | -156.85K | ||||
| Other Investing Activities | 8.51M | |||||
| Investing Cash Flow | -88.91M | -76.45K | -24.78K | 690.31K | 8.97M | -12.64M |
| Issuance of Common Stock | 26.08K | 20.57K | 95.02K | 73.71K | 810.70K | |
| Other Financing Activities | -1.03M | -352.25K | -128.40K | -27.42K | 28.55K | -234.46K |
| Financing Cash Flow | 108.99M | -331.68K | -33.38K | -27.42K | 102.27K | 576.25K |
| Net Cash Flow | 19.02M | -3.19M | 807.35K | -10.10M | -5.24M | -34.16M |
| Free Cash Flow | -1.11M | -2.86M | 840.73K | -10.91M | -15.47M | -24.14M |
| Free Cash Flow Margin | -1.36% | -5.74% | 1.94% | -31.88% | -43.17% | -65.58% |
| Free Cash Flow Per Share | -0.10 | -0.27 | 0.09 | -1.17 | -1.69 | -2.69 |
| Levered Free Cash Flow | -15.47M | -2.24M | 1.23M | -7.02M | 3.57M | -16.25M |
| Unlevered Free Cash Flow | -15.47M | -2.24M | 1.23M | -7.02M | 3.57M | -16.25M |
| Cash Interest Paid | 6.66K | 6.66K | 16.03K | 13.99K | 8.34K | |
| Cash Income Tax Paid | 27.47K | 27.47K | 63.85K | 17.62K | 5.40K | |
| Change in Working Capital | 2.12M | -3.12M | 45.10K | -3.63M | 4.37M | -3.81M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 28.43M | 23.73M | 81.06M | 8.51M | 7.75M | 118.07M |
| Enterprise Value | 9.22M | 18.50M | 73.24M | 1.58M | -8.39M | 86.96M |
| Last Close Price | 2.54 | 2.22 | 7.88 | 0.91 | 0.84 | 13.04 |
| PS Ratio | 0.35 | 0.48 | 1.87 | 0.25 | 0.22 | 3.21 |
| PB Ratio | 2.56 | 2.07 | 6.14 | 0.63 | 0.34 | 1.90 |
| P/TBV Ratio | 2.11 | 6.66 | 0.70 | 0.37 | 2.33 | |
| P/FCF Ratio | 96.42 | |||||
| P/OCF Ratio | 93.66 | |||||
| EV/Sales Ratio | 0.11 | 0.37 | 1.69 | 0.05 | 2.36 | |
| EV/FCF Ratio | 87.11 | |||||
| Debt / Equity Ratio | 0.03 | 0.01 | 0.02 | 0.03 | 0.01 | |
| Debt / FCF Ratio | 0.29 | |||||
| Net Debt / Equity Ratio | -0.16 | -0.47 | -0.63 | -0.55 | -0.77 | -0.38 |
| Net Debt / EBITDA Ratio | 3.06 | 1.69 | 4.37 | 0.71 | 0.78 | 1.03 |
| Net Debt / FCF Ratio | 17.37 | 1.86 | -9.89 | 0.68 | 1.12 | 0.98 |
| Asset Turnover | 0.98 | 2.59 | 2.32 | 1.42 | 0.75 | 0.50 |
| Inventory Turnover | 2.79 | 4.10 | 3.76 | 3.58 | 3.47 | 2.99 |
| Quick Ratio | 1.57 | 1.22 | 1.74 | 2.02 | 2.54 | 6.57 |
| Current Ratio | 3.05 | 2.44 | 3.03 | 3.73 | 3.69 | 12.59 |
| Return on Equity (ROE) | -4.14% | -26.38% | -13.68% | -56.58% | -95.40% | -33.72% |
| Return on Assets (ROA) | -5.78% | -11.09% | -7.28% | -27.82% | -30.44% | -20.20% |
| Return on Capital Employed (ROCE) | -6.20% | -29.70% | -16.30% | -78.30% | -103.40% | -38.60% |
| Earnings Yield | -14.09% | -13.71% | -2.25% | -119.45% | -520.68% | -20.22% |
| FCF Yield | -3.89% | -12.06% | 1.04% | -128.23% | -199.65% | -20.45% |
| Buyback Yield / Dilution | -4.22% | -6.11% | -6.99% | -1.65% | -1.81% | -61.98% |