"Our efforts to engage with consumers through targeted ads are beginning to show promise, but we have a long journey ahead to ensure our operational efficiency."
— CEO
03Detailed Report
ARSN
Yuenglings Ice Cream Corporation
Period
Q2 2024
CurrencyUSD
Report TypeQuarterly Earnings
GeneratedJun 24, 2026
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Executive Summary
In Q2 2024, Yuenglings Ice Cream Corporation (ARSN) reported significant revenue of $2,097,229, marking a 13.11% quarter-over-quarter increase due to stronger sales initiatives. However, the company continues to face elevated operational challenges, resulting in a substantial net loss of $9,022,709 and an operating income loss of $2,610,056. The management highlighted their focus on repositioning products and enhancing market presence amid a competitive and volatile consumer environment. Investors should particularly note the company’s ongoing financial strain and its strategy aimed at driving long-term growth despite the current setbacks.
Key Performance Indicators
Revenue
Stable
2.10M
QoQ: 13.11% | YoY: N/A
Gross Profit
Stable
1.05M
50.15% margin
QoQ: 184.60% | YoY: N/A
Operating Income
Decreasing
-2.61M
QoQ: 36.08% | YoY: -1 809.76%
Net Income
Decreasing
-9.02M
QoQ: 73.36% | YoY: -4 335.99%
EPS
Decreasing
-0.03
QoQ: 74.20% | YoY: -1 333.33%
Revenue Trend
Margin Analysis
Financial Highlights
In Q2 2024, Yuenglings achieved revenue of $2,097,229, showing a solid recovery from the previous quarter, despite a gross profit of $1,051,790 with a gross profit margin at approximately 50.15% — an indicator of effective cost management in comparison to revenue. Operating losses decreased by 36.08% from Q1 2024, but the net income continues to reflect a troubling trend with a significant YoY deterioration of -4,335.99%. EPS for the quarter was -0.0258, compared to the previous quarter's EPS of -0.100, benefiting from improved sales but overwhelmed by overall costs.
Income Statement
Metric
Value
YoY Change
QoQ Change
Revenue
2.10M
N/A
13.11%
Gross Profit
1.05M
N/A
184.60%
Operating Income
-2.61M
-1 809.76%
36.08%
Net Income
-9.02M
-4 335.99%
73.36%
EPS
-0.03
-1 333.33%
74.20%
Key Financial Ratios
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