VPR Brands, LP Reports Earnings Results for the First Quarter Ended March 31, 2023
May 17, 2023 at 05:21 pm
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VPR Brands, LP reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was USD 3.08 million compared to USD 1.06 million a year ago. Net income was USD 0.025314 million compared to net loss of USD 0.147241 million a year ago.
VPR Brands, LP is a technology company and an intellectual property (IP) holding company. The Company is engaged in various monetization strategies of its United States patents covering electronic cigarette, vaporizer technologies, and related accessories. It designs, develops, markets, and distributes products oriented towards the cannabis markets, including the ELF and HONEYSTICK brand of vaporizers and DISSIM Lighters. It has several trademarks (ELF, HONEYSTICK, PHANTOM, RIPPER, VPOD, VAPOR X) for licensing activities. The Company is also engaged in product development for the vapor or vaping market, including e-liquids. Electronic cigarettes are electronic devices, which deliver nicotine through atomization, or vaping of e-liquids and without smoke, and other chemicals constituents typically found in traditional tobacco burning cigarette products.
VPR BRANDS, LP 
