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Last $0.28 USD
Change Today +0.005 / 1.82%
Volume 209.3K
As of 8:10 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

electronic cigarettes intern (ECIG) Snapshot

Open
$0.28
Previous Close
$0.28
Day High
$0.29
Day Low
$0.26
52 Week High
07/14/14 - $142.50
52 Week Low
06/8/15 - $0.25
Market Cap
19.7M
Average Volume 10 Days
236.3K
EPS TTM
$-34.86
Shares Outstanding
70.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for ELECTRONIC CIGARETTES INTERN (ECIG)

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electronic cigarettes intern (ECIG) Details

Electronic Cigarettes International Group, Ltd., through its subsidiaries, operates as an independent marketer and distributor of vaping products and electronic cigarettes in the United States and internationally. It offers disposables, rechargeables, tanks, starter kits, e-liquids, open and closed-end vaping systems, and accessories under the Victory, FIN, Vapestick, and VIP brand names. The company sells its products through various channels, including wholesale distributors, convenience stores, grocery stores, mass merchandisers, club stores, vape shops, and independent retailers, as well as through its e-commerce Websites. The company was formerly known as Victory Electronic Cigarettes Corporation and changed its name to Electronic Cigarettes International Group, Ltd. in July 2014. Electronic Cigarettes International Group, Ltd. was founded in 2010 and is headquartered in Grand Rapids, Michigan.

170 Employees
Last Reported Date: 04/2/15
Founded in 2010

electronic cigarettes intern (ECIG) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

electronic cigarettes intern (ECIG) Key Developments

Electronic Cigarettes International Group, Ltd. Announces Financial Results for the First Quarter Ended March 31, 2015

Electronic Cigarettes International Group, Ltd. announced financial results for the first quarter ended March 31, 2015. For the quarter total revenue was $11.1 million, compared with $4.1 million in the first quarter of 2014. Net loss for the first quarter of 2015 was $67.5 million, compared with a net loss of $86.4 million in the first quarter of 2014. Adjusted EBITDA was negative $2.2 million after adding back non-cash charges of $15.5 million compared with adjusted EBITDA (which adds back the equivalent non-cash charges) in the first quarter of 2014 of negative $5.1 million.

Electronic Cigarettes International Group, Ltd. announced delayed 10-Q filing

On 05/11/2015, Electronic Cigarettes International Group, Ltd. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Electronic Cigarettes International Group, Ltd. Enters into Credit Agreement with an Institutional Investor

On April 27, 2015, Electronic Cigarettes International Group, Ltd. entered into (i) a Credit Agreement with an institutional investor and (ii) a Credit Agreement (the "Additional Lender Credit Agreement", and together with the Lead Lender Credit Agreement, the "Credit Agreements") with various other lenders (the "Additional Lenders" and together with the Lead Lender, the "Lenders") on substantially identical terms, pursuant to which the Lenders made term loans ("Term Loans") to the company in the aggregate principal amount of $41,214,225. The Term Loans shall mature on April 28, 2018 (the "Maturity Date") and bear interest on the outstanding principal balance at the rate of 12% per annum and are evidenced by Term Notes (the "Term Notes"). Commencing on the last business day of October 2016, the company is required to repay $600,000 of the principal of the Lead Lender's Term Loan and $100,000 of the aggregate principal of the Additional Lenders' Term Loan, on the last business day of each month prior to the Maturity Date. All Term Loans not previously paid shall be due and payable, together with accrued and unpaid interest thereon. The Credit Agreements are secured by a first priority security interest in all of the present and future assets of the company. In addition, the Company pledged all of its equity interests in its subsidiaries as security for its obligations under the Credit Agreements.

 

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ECIG:US $0.28 USD +0.005

ECIG Competitors

Market data is delayed at least 15 minutes.

Company Last Change
American Heritage International Inc $0.10 USD 0.00
British American Tobacco PLC 3,482 GBp -13.50
Gilla Inc $0.18 USD -0.01
Imperial Tobacco Group PLC 3,085 GBp -12.00
Vapor Corp $0.29 USD +0.0151
View Industry Companies
 

Industry Analysis

ECIG

Industry Average

Valuation ECIG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.1x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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