Last $5.14 USD
Change Today +0.14 / 2.80%
Volume 11.3K
As of 11:31 AM 08/21/14 All times are local (Market data is delayed by at least 15 minutes).

electronic cigarettes intern (ECIG) Snapshot

Open
$5.01
Previous Close
$5.00
Day High
$5.14
Day Low
$4.90
52 Week High
09/19/13 - $60.00
52 Week Low
08/26/13 - $1.01
Market Cap
420.6M
Average Volume 10 Days
34.9K
EPS TTM
$-1.46
Shares Outstanding
81.8M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for ELECTRONIC CIGARETTES INTERN (ECIG)

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electronic cigarettes intern (ECIG) Details

Electronic Cigarettes International Group, Ltd. imports, markets, and distributes smokeless electronic cigarettes. It offers starter kits, cartridges, carrying cases, charger packs, disposable tobacco, and other related products for smokers under the Victory Electronic Cigarettes, FIN, and Vapestick brands. The company provides its products through a network of retail stores, distributors, independent retailers, and grocery and convenience store operators, as well as online in the United States. It was formerly known as Victory Electronic Cigarettes Corporation and changed its name to Electronic Cigarettes International Group, Ltd. in July 2014. Electronic Cigarettes International Group, Ltd. was founded in 2010 and is headquartered in Nunica, Michigan.

31 Employees
Last Reported Date: 07/28/14
Founded in 2010

electronic cigarettes intern (ECIG) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $142.3K
Co-Founder, Chief Creative Innovation Officer...
Total Annual Compensation: $106.2K
Head of Franchising
Total Annual Compensation: $71.2K
Compensation as of Fiscal Year 2013.

electronic cigarettes intern (ECIG) Key Developments

Electronic Cigarettes International Group Ltd. Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Announces Impairment for the Second Quarter Ended June 30, 2014

Electronic Cigarettes International Group Ltd. announced earnings results for the second quarter and six months ended June 30, 2014. The company's revenue for the three months ended June 30, 2014 and 2013 were $11,287,723 and $711,845, respectively, an increase of $10,575,878 or approximately 1,485%. The increase in revenue is primarily attributable to the revenue of Vapestick, FIN, and VIP. In addition, the Company began to increase marketing initiatives and investment in U.S. chains as well as through international online and retail channels. The net loss for the three months ended June 30, 2014 and 2013 was $367,138 and $441,312, respectively. The net loss per common share for the three months ended June 30, 2014 and 2013 was $0.00 and $0.01, respectively. The company's revenue for the six months ended June 30, 2014 and 2013 was $15,426,263 and $1,581,356, respectively, an increase of $13,844,907 or approximately 875%. The increase in revenue is primarily attributable to the revenue of Vapestick, FIN, and VIP. During the three months ended June 30, 2014, the Company began implementing numerous new marketing initiatives globally and substantially revamped the FIN product portfolio to include an expanded offering of vaporizers, tanks, and open system vapor products, including the launch of its new proprietary Advanced Vaping System. The net loss for the six months ended June 30, 2014 and 2013 was $84,491,207 and $693,738, respectively. The net loss per common share for the six months ended June 30, 2014 and 2013 was $1.23 and $0.02, respectively. The company reported loss on impairment of goodwill for the three months ended June 30, 2014 and 2013 were $8,966,443 and $0, respectively.

Electronic Cigarettes International Group, Ltd. announced delayed 10-Q filing

On 08/15/2014, Electronic Cigarettes International Group, Ltd. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Electronic Cigarettes International Group, Ltd. Launches Victory Brand with Western Refining Across the Southwest US

Electronic Cigarettes International Group Ltd. announced the launch of their Victory Brand Electronic Cigarettes across the 230 Western Refining convenience stores throughout the Southwest United States.

 

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ECIG Competitors

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Company Last Change
American Heritage International Inc $0.11 USD +0.01
Vapor Corp $2.13 USD -0.0901
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Industry Analysis

ECIG

Industry Average

Valuation ECIG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 21.8x
Price/Book 4.6x
Price/Cash Flow NM Not Meaningful
TEV/Sales 20.8x
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