Whole Earth Brands, Inc.
FREEDelisted Aug 5, 2024- Industry
- Sugar & Confectionery Products
- SEC CIK
- 0001753706
Whole Earth Brands, Inc. was delisted on Aug 5, 2024; its insiders filed their last Form 4 on Aug 5, 2024; 83 institutions reported holding it in 13F filings for Q2 2024, worth $115.8M in total; no superinvestor held it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 2:11 PM ET
Revenue flow, FY2023
Where the revenue went in FY2023, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2023: $38.1M (6.9% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 12, 2024 | Mar 13, 2023 | Mar 14, 2022 | Mar 16, 2021 | – |
| Revenue | $550.9M | $538.3M | $494.0M | – | $4.25M |
| Cost of revenue | $407.2M | $398.1M | $335.2M | – | – |
| Gross profit | $143.7M | $140.2M | $158.8M | – | – |
| Research and development | $3.80M | $3.90M | $3.40M | – | – |
| Selling, general and administrative | $102.4M | $99.7M | $113.1M | – | – |
| Operating income | $15.4M | -$24.6M | $22.8M | – | -$350.9K |
| Income tax | $6.33M | $5.79M | -$7.14M | – | – |
| Net income | -$38.1M | -$58.8M | $83.0K | – | $3.93M |
| EPS, basic | $-0.90 | $-1.42 | $0.00 | – | – |
| EPS, diluted | $-0.90 | $-1.42 | $0.00 | – | – |
| Weighted shares, basic | 42.5M | 41.5M | 38.5M | – | – |
| Weighted shares, diluted | 42.5M | 41.5M | 39.9M | – | 8.41M |
| Margins and growth | |||||
| Gross margin | 26.1% | 26.0% | 32.1% | – | – |
| Operating margin | 2.8% | -4.6% | 4.6% | – | -8.2% |
| Net margin | -6.9% | -10.9% | 0.0% | – | 92.4% |
| Revenue growth, year over year | +2.3% | +9.0% | – | – | – |
| Net income growth, year over year | – | −70,885.5% | – | – | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019! |
|---|---|---|---|---|---|
| Period end | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 12, 2024 | Mar 13, 2023 | Mar 14, 2022 | Mar 16, 2021 | – |
| Cash and equivalents | $30.5M | $28.7M | $28.3M | $16.9M | $1.01M |
| Accounts receivable | $74.0M | $66.7M | $69.6M | $56.4M | – |
| Inventory | $209.3M | $219.0M | $212.9M | $111.7M | – |
| Total current assets | $320.2M | $324.8M | $318.4M | $190.1M | $1.07M |
| Property, plant and equipment | $54.9M | $58.1M | $58.5M | $47.3M | – |
| Goodwill | $193.6M | $193.1M | $242.7M | $153.5M | – |
| Intangible assets | $229.9M | $245.4M | $266.9M | $184.5M | – |
| Total assets | $825.7M | $849.0M | $922.6M | $596.5M | $305.4M |
| Accounts payable | $55.7M | $47.0M | $55.2M | $25.2M | – |
| Short-term debt | $3.75M | $3.75M | $3.75M | $7.00M | – |
| Total current liabilities | $99.0M | $87.0M | $151.7M | $64.9M | $19.8K |
| Long-term debt | $417.9M | $432.2M | $383.5M | $172.7M | – |
| Total liabilities | $574.0M | $574.5M | $608.7M | $287.7M | $11.3M |
| Shareholders' equity | $251.7M | $274.6M | $313.9M | $308.8M | $5.00M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 12, 2024 | Mar 13, 2023 | Mar 14, 2022 | Mar 16, 2021 | – |
| Operating cash flow | $25.3M | -$5.81M | $9.48M | – | -$396.8K |
| Capital expenditures | $5.66M | $8.89M | $12.2M | – | – |
| Free cash flow | $19.7M | -$14.7M | -$2.72M | – | – |
| Stock-based compensation | $7.03M | $4.93M | $8.71M | $1.30M | – |
| Investing cash flow | -$5.64M | -$8.42M | -$197.9M | – | -$300.0M |
| Financing cash flow | -$17.7M | $16.5M | $199.3M | – | $301.4M |
| Net change in cash | $1.84M | $380.0K | $11.4M | – | $1.01M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 1.3% | 0.9% | 1.8% | – | – |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Jul 31, 2024 | 43.4M | +1.6% | SEC |
| May 8, 2024 | 43.2M | +2.3% | SEC |
| Apr 22, 2024 | 43.3M | +2.4% | SEC |
| Mar 11, 2024 | 42.9M | +1.8% | SEC |
| Nov 8, 2023 | 42.9M | +2.1% | SEC |
| Aug 8, 2023 | 42.8M | +1.9% | SEC |
| May 9, 2023 | 42.2M | +0.8% | SEC |
| Mar 10, 2023 | 42.1M | +1.4% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
- A column marked ! failed an accounting identity (gross profit = revenue − cost of revenue, or assets = liabilities + equity, within 1%). Its numbers are shown as filed.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.