Whole Earth Brands, Inc. financial data

Symbol
FREE, FREEW on Nasdaq
Industry
Sugar & Confectionery Products
Location
125 S. Wacker Drive, Suite 1250, Chicago, IL
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Act II Global Acquisition Corp. (to 6/18/2020)
Latest financial report
10-Q - Q2 2024 - Aug 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 345 % -1.03%
Quick Ratio 231 % -2.75%
Debt-to-equity 239 % +13.9%
Return On Equity -10.1 % +57.4%
Return On Assets -2.98 % +61%
Operating Margin 4.04 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 43.4M shares +1.58%
Common Stock, Shares, Outstanding 43.4M shares +2.31%
Entity Public Float 129M USD -39.9%
Common Stock, Value, Issued 4K USD 0%
Weighted Average Number of Shares Outstanding, Basic 43.3M shares +2.2%
Weighted Average Number of Shares Outstanding, Diluted 43.3M shares +2.2%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 551M USD +2.14%
Operating Income (Loss) 22.3M USD +221%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -24M USD +68.2%
Income Tax Expense (Benefit) 368K USD -97.1%
Net Income (Loss) Attributable to Parent -24.4M USD +62.8%
Earnings Per Share, Basic -0.57 USD/shares +73.1%
Earnings Per Share, Diluted -0.57 USD/shares +73.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 24.8M USD +2.8%
Accounts Receivable, after Allowance for Credit Loss, Current 73.1M USD +3.74%
Inventory, Net 201M USD -7.24%
Assets, Current 308M USD -3.68%
Deferred Income Tax Assets, Net 517K USD +9.3%
Property, Plant and Equipment, Net 53.2M USD -3.78%
Operating Lease, Right-of-Use Asset 36.3M USD +54.3%
Intangible Assets, Net (Excluding Goodwill) 218M USD -8.09%
Goodwill 187M USD -4.15%
Other Assets, Noncurrent 7.07M USD -27.5%
Assets 809M USD -3.69%
Accounts Payable, Current 41.4M USD -22.2%
Liabilities, Current 77.9M USD -19%
Deferred Income Tax Liabilities, Net 31.8M USD -4.99%
Operating Lease, Liability, Noncurrent 32.5M USD +85.1%
Other Liabilities, Noncurrent 11.1M USD +8.92%
Liabilities 577M USD -1.24%
Accumulated Other Comprehensive Income (Loss), Net of Tax -664K USD -141%
Retained Earnings (Accumulated Deficit) -135M USD -22.1%
Stockholders' Equity Attributable to Parent 232M USD -9.28%
Liabilities and Equity 809M USD -3.69%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -9.56M USD -335%
Net Cash Provided by (Used in) Financing Activities 3.6M USD
Net Cash Provided by (Used in) Investing Activities -885K USD +43.1%
Common Stock, Shares Authorized 220M shares 0%
Common Stock, Shares, Issued 43.4M shares +2.31%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -6.76M USD -231%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 24.8M USD +2.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 10.4M USD +0.78%
Deferred Tax Assets, Valuation Allowance 27.7M USD +67.2%
Deferred Tax Assets, Gross 62.3M USD +24.1%
Operating Lease, Liability 21.7M USD +1.11%
Depreciation 1.64M USD -2.84%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -26.7M USD +66.3%
Lessee, Operating Lease, Liability, to be Paid 24.8M USD +8.89%
Operating Lease, Liability, Current 5.77M USD -34%
Lessee, Operating Lease, Liability, to be Paid, Year Two 5.46M USD -20.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 8.22M USD -13.1%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +47.7%
Deferred Income Tax Expense (Benefit) 492K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 3.12M USD +135%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.19M USD -15.3%
Deferred Tax Assets, Operating Loss Carryforwards 19.6M USD +2.18%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 200K USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.8M USD +114%
Additional Paid in Capital 368M USD +0.81%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 18.7M USD +0.55%
Deferred Tax Assets, Net of Valuation Allowance 34.5M USD +2.74%
Share-based Payment Arrangement, Expense 5.1M USD -21.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%