"We are committed to streamlining our operations and enhancing our supply chain efficiency to bolster our margins moving forward."
— Management
03Detailed Report
ARSN
Yuenglings Ice Cream Corporation
Period
Q1 2024
CurrencyUSD
Report TypeQuarterly Earnings
GeneratedJun 25, 2026
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Executive Summary
Yuenglings Ice Cream Corporation (ARSN) reported its financial results for the first quarter of fiscal year 2024, reflecting a revenue of $1,854,099, which shows a substantial increase of 81.05% year-over-year. Despite this encouraging growth in revenue, the company faced significant challenges, resulting in a net income loss of $33,863,147, reflecting a deleterious decline of 14,277.42% year-over-year. Management acknowledged the complexity of the market dynamics impacting profit margins, including increased operational expenses and the fallout from previous strategic missteps. Investors should remain alert to the company's efforts to realign its operations to boost profitability and optimize its expenditure moving forward.
Key Performance Indicators
Revenue
Increasing
1.85M
QoQ: N/A | YoY: 81.05%
Gross Profit
Decreasing
369.57K
19.93% margin
QoQ: 757.47% | YoY: -36.18%
Operating Income
Decreasing
-4.08M
QoQ: -2 205.27% | YoY: -8 026.61%
Net Income
Decreasing
-33.86M
QoQ: -25 291.86% | YoY: -14 277.42%
EPS
Decreasing
-0.10
QoQ: -6 350.00% | YoY: -1 119.51%
Revenue Trend
Margin Analysis
Financial Highlights
Revenue Highlights: Revenue for QQ1 2024 was reported at $1,854,099, up 81.05% year-over-year, indicating a robust recovery from previous quarters.
Profitability Ratios: Despite the increase in revenue, gross profit decreased by 36.18% year-over-year to $369,573, due to rising costs. The company reported an operating loss of $4,083,380, with an operating income margin of -2.20%.
Net Income Analysis: The net income loss of $33,863,147 illustrates the significant impact of high operational costs and interest expenses. This results in a net profit margin of -18.26%, raising concerns about long-term sustainability.
Cash Flow: Operating cash flow was negative at -$1,052,748, attributing much of this to increased working capital needs. The limited cash reserves at $219,530 could pose liquidity risks in upcoming quarters.
Business Health: The current ratio stands at a critically low 0.0392, indicating potential liquidity issues and inability to cover short-term liabilities.
Income Statement
Metric
Value
YoY Change
QoQ Change
Revenue
1.85M
81.05%
N/A
Gross Profit
369.57K
-36.18%
757.47%
Operating Income
-4.08M
-8 026.61%
-2 205.27%
Net Income
-33.86M
-14 277.42%
-25 291.86%
EPS
-0.10
-1 119.51%
-6 350.00%
Key Financial Ratios
Gross Profit Margin
Weak
19.90%
Gross profit margin is below industry norms, profitability concerns
Operating Profit Margin
Weak
-2.20%
Operating margin is below industry norms, profitability concerns
Net Profit Margin
Weak
-18.26%
Net profit margin is below industry norms, profitability concerns
Return on Assets
Weak
-3.21%
Return on assets suggests inefficient capital allocation
Return on Equity
Weak
1.08%
Return on equity suggests inefficient capital allocation
Current Ratio
Concern
0.04
Current ratio below safe levels, potential liquidity risk
Debt to Equity
Conservative
-0.23
Debt-to-equity shows conservative leverage and low financial risk
P/E Ratio
Negative
-0.02x
Negative earnings make P/E ratio not meaningful
Price to Book
Undervalued
-0.10x
Trading below book value, potential value opportunity or distressed
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