Education
About Us
Working with TipRanks
Follow Us
Laird Superfood (LSF)
:LSF
Top Page
Laird Superfood
(NYSE MKT:LSF)
48Neutral
Laird Superfood (LSF) vs. S&P 500 (SPY)
Market Cap
$64.89M
Dividend YieldN/A
Average Volume (3M)85.67K
Price to Earnings (P/E)―
Beta (1Y)0.67
Revenue Growth26.50%
EPS Growth82.92%
CountryUS
Employees26
SectorConsumer Defensive
Sector Strength65
IndustryPackaged Foods
Share Statistics
EPS (TTM)-0.19
Shares Outstanding10,299,486
10 Day Avg. Volume92,963
30 Day Avg. Volume85,665
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.50
Price to Cash Flow (P/CF)47.80
P/FCF Ratio47.80
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$12.00Price Target Upside92.31% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
Laird Superfood Business Overview & Revenue Model
Company DescriptionLaird Superfood (LSF) is a company that operates in the health and wellness sector, specializing in the production of plant-based superfood products. Founded by big-wave surfer Laird Hamilton, the company is known for its range of nutrient-dense, non-GMO food and beverage products designed to enhance energy and overall well-being. Its core offerings include coffee creamers, hydration products, and various snack items, all of which are crafted with whole-food ingredients.
How the Company Makes MoneyLaird Superfood generates revenue primarily through the sale of its plant-based food and beverage products. The company's key revenue streams include direct-to-consumer sales via its website, retail distribution through grocery stores and specialty health food stores, and partnerships with online marketplaces like Amazon. Significant factors contributing to its earnings include brand recognition tied to its founder, a growing consumer trend towards plant-based diets, and an expanding product line that caters to health-conscious consumers. The company also engages in strategic marketing initiatives and partnerships to enhance its market presence and drive sales.
Laird Superfood Financial Statement Overview
Summary
Laird Superfood faces significant financial challenges with declining revenue and persistent losses affecting profitability and shareholder equity. Despite improvements in cash flow management, operational inefficiencies need to be addressed to enhance financial stability and support growth.Income Statement
Laird Superfood shows declining revenue over the recent periods, with a significant decrease from $34.2M in 2023 to $10.6M in 2024. Despite an improvement in gross profit margin, the company continues to operate at a loss with a negative net profit margin, indicating challenges in managing operational costs. The EBIT and EBITDA margins remain negative, reflecting persistent profitability issues.40
Negative
Balance Sheet
The balance sheet highlights strong equity relative to liabilities, with a healthy equity ratio. However, the debt-to-equity ratio is low, suggesting low leverage, which could be positive but also indicates limited growth through debt financing. The return on equity is negative due to ongoing net losses, affecting overall shareholder value.55
Neutral
Cash Flow
Cash flow analysis shows an improvement in free cash flow from -$10.9M in 2023 to $0.84M in 2024, indicating better cash management. However, the operating cash flow to net income ratio remains concerning, as operating cash flow is still not sufficient to cover net losses, implying ongoing cash flow challenges.45
Neutral
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 10.56M | 34.22M | 35.83M | 36.81M | 26.01M | Gross Profit |
| 17.69M | 10.31M | 5.19M | 9.43M | 6.80M | EBIT |
| -9.30M | -10.70M | -23.95M | -23.90M | -12.69M | EBITDA |
| -1.90M | -10.39M | -22.24M | -22.96M | -12.45M | Net Income Common Stockholders |
| -1.82M | -10.16M | -40.34M | -23.87M | -12.85M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 8.51M | 7.71M | 17.81M | 31.68M | 65.91M | Total Assets |
| 19.26M | 18.03M | 30.04M | 65.85M | 82.34M | Total Debt |
| 246.43K | 382.64K | 135.92K | 0.00 | 51.00K | Net Debt |
| -8.27M | -7.18M | -17.67M | -23.05M | -57.16M | Total Liabilities |
| 6.06M | 4.62M | 7.53M | 3.79M | 2.79M | Stockholders Equity |
| 13.20M | 13.41M | 22.51M | 62.05M | 79.55M |
| Cash Flow | Free Cash Flow | |||
| 840.73K | -10.91M | -15.47M | -24.30M | -15.81M | Operating Cash Flow |
| 865.50K | -10.77M | -14.31M | -22.10M | -14.75M | Investing Cash Flow |
| -24.78K | 690.31K | 8.97M | -12.64M | -4.28M | Financing Cash Flow |
| -33.38K | -27.42K | 102.27K | 576.25K | 75.23M |
Laird Superfood Technical Analysis
Positive
6.24
Price Trends
6.67
Negative
7.47
Negative
6.03
Positive
Market Momentum
-0.27
Negative
52.20
Neutral
84.46
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LSF, the sentiment is Positive. The current price of 6.24 is above the 20-day moving average (MA) of 5.73, below the 50-day MA of 6.67, and above the 200-day MA of 6.03, indicating a neutral trend. The MACD of -0.27 indicates Negative momentum. The RSI at 52.20 is Neutral, neither overbought nor oversold. The STOCH value of 84.46 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LSF.
Laird Superfood Risk Analysis
Laird Superfood disclosed 49 risk factors in its most recent earnings report. Laird Superfood reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Laird Superfood Peers Comparison
Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $1.32B | 26.34 | 23.11% | ― | 29.14% | 140.02% | |
64 Neutral | $9.44B | 34.67 | -190.65% | ― | 21.00% | 72.21% | |
62 Neutral | $20.46B | 13.73 | -10.76% | 7.35% | 1.61% | 5.91% | |
48 Neutral | $64.89M | ― | -13.68% | ― | 26.50% | 82.92% | |
44 Neutral | $338.43M | ― | -19.41% | ― | -6.68% | -9.71% | |
43 Neutral | $94.29M | ― | -144.37% | ― | -5.48% | 17.33% | |
39 Underperform | $44.87M | ― | 31.02% | ― | -11.65% | -174.54% |
* Consumer Defensive Sector Average
Performance Comparison
LSF
Laird Superfood
6.24
3.43
122.06%
HAIN
Hain Celestial
3.75
-4.01
-51.68%
WW
WW International
0.58
-1.15
-66.47%
PRPL
Purple Innovation
0.84
-0.65
-43.62%
BRBR
BellRing Brands
73.55
14.16
23.84%
VITL
Vital Farms
31.36
8.42
36.70%
Laird Superfood Earnings Call Summary
Earnings Call Date: Feb 26, 2025 | % Change Since: -13.21% | Next Earnings Date: May 8, 2025
Earnings Call Sentiment Positive
Laird Superfood demonstrated strong growth and financial performance in 2024, with significant improvements in both top-line growth and gross margins. The company successfully expanded its e-commerce and wholesale channels, achieving positive cash flow and maintaining a healthy financial position. However, supply chain challenges and out-of-stock issues impacted potential sales, and commodity price pressures remain a concern. Despite these challenges, the company's strategic focus on operational efficiency and market expansion positions it well for future growth.Highlights
Exceptional Top-Line Growth
Laird Superfood achieved a remarkable 27% top-line growth for the full year 2024, with net sales reaching $43.3 million, up from $34.2 million in 2023. Q4 net sales grew 26% over Q4 2023, significantly outpacing industry averages.
Strong Gross Margin Improvement
The company maintained gross margins at nearly 41% for the full year, a roughly 11-point increase from 2023. This was driven by strategic sourcing and operational efficiencies.
E-commerce Channel Growth
E-commerce channel grew by 32% year-over-year, particularly on Amazon, which delivered its strongest quarter ever, contributing to more than 40% of the e-commerce channel.
Expanded Wholesale Distribution
Wholesale net sales grew 19% year-over-year, contributing 41% of total company revenue. New distribution was secured with major retailers like Kroger and Safeway Albertsons.
Positive Cash Flow and Financial Position
Laird Superfood reported positive quarterly cash flow for the third consecutive quarter, with $312,000 in Q4 and a total of $807,000 for the year. The company ended the quarter with $8.5 million in cash and no debt.
Lowlights
Supply Chain Challenges and Out-of-Stock Issues
The company faced out-of-stock situations for popular SKUs due to supply chain constraints, impacting sales. It is estimated that more than $1 million of additional net sales could have been captured during Q4 if not for these issues.
Impact of Commodity Price Pressures
Persistent commodity pressure in coffee, cacao, and coconut milk powder impacted margins, though the company managed to largely mitigate the cost impact.
Q1 2025 Growth Impacted by Out-of-Stock Issues
The company expects Q1 net sales growth to be below the full-year target due to out-of-stock issues impacting the creamer business early in the quarter.
Net Loss for the Fourth Quarter
The company reported a net loss of $0.4 million for the fourth quarter, compared to net income of $0.1 million in the prior year period.
Company Guidance
In their 2024 fiscal year-end call, Laird Superfood reported substantial growth metrics, with net sales increasing by 27% to $43.3 million, significantly outpacing the industry average of 3% to 5% growth. The fourth quarter alone saw a 26% rise in net sales, reaching $11.6 million. The company maintained a strong gross margin of nearly 41% for the year, a substantial increase from 30.1% in 2023, attributed to strategic sourcing and operational efficiencies. E-commerce sales, particularly through Amazon, grew by 32%, while wholesale channel sales rose by 19%, contributing 41% to total revenue. Despite facing out-of-stock challenges impacting potential sales by over $1 million, the company remains optimistic about its 2025 outlook, projecting a 20% to 25% sales growth with sustained gross margins in the upper 30s. The firm reported a net loss of $1.8 million for the year, a significant improvement from the $10.2 million loss in 2023, and ended the year with $8.5 million in cash and no debt.Laird Superfood Corporate Events
Financial Disclosures
Laird Superfood Unveils 2024 Financial Results
Neutral
Mar 5, 2025
On March 5, 2025, Laird Superfood, Inc. released a financial presentation detailing its financial results for the fourth quarter and full year ending December 31, 2024. The company plans to use this presentation in meetings with investors and analysts, highlighting its financial performance and strategic outlook.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.