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Last $0.39 USD
Change Today -0.0051 / -1.27%
Volume 58.1K
VPCO On Other Exchanges
Symbol
Exchange
NASDAQ CM
As of 8:10 PM 05/28/15 All times are local (Market data is delayed by at least 15 minutes).

vapor corp (VPCO) Snapshot

Open
$0.41
Previous Close
$0.40
Day High
$0.41
Day Low
$0.38
52 Week High
05/30/14 - $6.94
52 Week Low
05/26/15 - $0.37
Market Cap
13.3M
Average Volume 10 Days
376.0K
EPS TTM
$-0.92
Shares Outstanding
33.6M
EX-Date
07/13/89
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for VAPOR CORP (VPCO)

vapor corp (VPCO) Related Businessweek News

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vapor corp (VPCO) Details

Vapor Corp. designs, markets, and distributes vaporizers, e-liquids, electronic cigarettes, and accessories primarily in the United States and Canada. Its Vaporizers and electronic cigarettes are battery-powered products that enable users to inhale nicotine vapor without smoke, tar, ash, or carbon monoxide. The company also offers disposable electronic cigarettes in multiple sizes, puff counts, styles, flavors, and nicotine strengths; rechargeable electronic cigarettes that use replaceable cartridges; and rechargeable vaporizers for use with either electronic cigarette solution, or dry herbs or leaf. In addition, it provides replacement parts, including batteries; refill cartridges; cartomizers consisting of liquid solution, atomizers, tanks, and e-liquids; various types of chargers comprising USB chargers; carrying cases; and lanyards. The company offers its products under the vapor, Krave, Fifty-One, VaporX, Stix, Alternacig, EZ Smoker, Green Puffer, Americig, Hookah Stix, and Smoke Star brands. Vapor Corp. sells its products directly through eight retail kiosks, Vape stores, and online stores; and to retail channels through direct sales force, as well as third-party wholesalers, retailers, and value-added resellers. As of April 2, 2015, the company distributed its products through approximately 50,000 retail stores throughout the United States and Canada. Vapor Corp. is based in Dania Beach, Florida.

120 Employees
Last Reported Date: 03/31/15

vapor corp (VPCO) Top Compensated Officers

Chairman of the Board and Chief Executive Off...
Total Annual Compensation: $182.0K
Chief Operating Officer
Total Annual Compensation: $162.2K
Compensation as of Fiscal Year 2014.

vapor corp (VPCO) Key Developments

Vapor Receives Non-Compliance Notice From NASDAQ

On May 19, 2015, Vapor Corp. received a deficiency letter from the Nasdaq Listing Qualifications department notifying the Company that for the last 30 consecutive business days the Company’s common stock had closed below the minimum $1.00 per share bid price requirement for continued inclusion on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided an initial period of 180 calendar days, or until November 16, 2015, to regain compliance with the bid price requirement. If, at any time before November 16, 2015, the closing bid price for the Company’s common stock is $1.00 or more for a minimum of 10 consecutive business days, the Staff will provide written notification to the Company that it has regained compliance with the bid price requirement. If the Company does not regain compliance with the bid price requirement by November 16, 2015, the Company may be eligible for an additional 180 calendar day compliance period provided that it meets the continued listing requirement for the market value of publicly held shares and all other initial listing standards, with the exception of the bid price requirement, and provides the Staff with written notice of its intention to cure the deficiency. If the Company does not regain compliance by November 16, 2015 or the termination of any subsequent compliance period, if applicable, the Staff will provide written notification to the Company that its common stock may be delisted. In anticipation of receiving the Staff’s notice, on May 12, 2015, the Company filed a preliminary proxy statement on Schedule 14A with the Securities and Exchange Commission, followed by a definitive proxy statement filed May 22, 2015, in connection with the Company’s 2015 Annual Meeting of shareholders that included a proposal to approve an amendment to the Company’s Certificate of Incorporation to effect a reverse stock split. The Company’s Annual Meeting is scheduled for July 7, 2015. There can be no assurance that the Company’s shareholders will approve the amendment, or that a reverse stock split will prevent the Company’s stock price from falling below the bid price requirement in the future.

Vapor Corp. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Vapor Corp. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported sales, net of $1,468,621 against $4,792,544 a year ago. Operating loss was $3,530,855 against $2,176,725 a year ago. Loss before income tax expense was $3,981,196 against $2,205,159 a year ago. Loss per common share basic and diluted was $0.18 against $0.09 a year ago. The company experienced a decline in sales for the first quarter of 2015 on a year over year basis from 2014. This is primarily due to a shift in the company's wholesale strategy that focuses more squarely on limiting sales to retailers with higher and faster sell-through capabilities. Net loss was $3.98 million compared with a net loss of $1.45 million for the quarter ended March 31, 2014. This increase is a result of the decline in revenue, e-cig product returns that led to liquidating certain inventory, and costs associated with a new go-to-market strategy currently being implemented.

Vapor Corp. Announces Executive Changes

Vapor Corp. announced that on April 17, 2015, Robert Swayman resigned as a director of the company as a result of his ceasing to be independent. On April 18, 2015, the company appointed Mr. Daniel MacLachlan as a director replacing Mr. Swayman. Mr. MacLachlan served as the Chief Financial Officer of The Best One Inc., from October 2014 through early February 2015, facilitating its merger with Tiger Media Inc.

 

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VPCO:US $0.39 USD -0.0051

VPCO Competitors

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Company Last Change
Altria Group Inc $51.62 USD -0.21
Electronic Cigarettes International Group Ltd $0.36 USD -0.0005
Gilla Inc $0.10 USD -0.02
Lorillard Inc $72.52 USD -0.30
Reynolds American Inc $76.78 USD -0.35
View Industry Companies
 

Industry Analysis

VPCO

Industry Average

Valuation VPCO Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.8x
Price/Book 0.8x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.7x
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