whole earth brands, inc. operates as a global platform of branded products and ingredients focusing on the consumer transition towards natural alternatives, plant-based, clean label, and non-sugar products. the company produces, markets, and distributes tabletop sweeteners for the consumer food markets primarily under equal, canderel, swerve, pure via, and whole earth sweetener brands through food retail, mass merchandising, pharmacy, and food service channels. it offers licorice products which are used in confectionary, food, beverage, cosmetic, pharmaceutical, personal care, and tobacco products applications. whole earth brands, inc. is based in chicago, illinois.
Company profile
Ticker
FREE
Exchange
Website
CEO
Albert Manzone
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Act II Global Acquisition Corp.
SEC CIK
Corporate docs
Subsidiaries
Whole Earth Brands, Inc. • Merisant Company • Merisant US, Inc. • Merisant Luxembourg Sarl • Mafco Worldwide LLC • Extraits Vegetaux ET Derives, SAS • Zhangjiangang Free Trade Zone Mafco Biotech Co., Ltd. • Swerve, L.L.C. • Swerve IP, L.L.C. • WSO Investments, Inc. ...
FREE stock data
Latest filings (excl ownership)
SC 13E3/A
Going private transaction (amended)
8 Apr 24
PRER14A
Preliminary revised proxy
8 Apr 24
SC 13E3
Going private transaction
15 Mar 24
PREM14A
Preliminary proxy related to merger
15 Mar 24
10-K
2023 FY
Annual report
12 Mar 24
8-K
Whole Earth Brands Reports Fourth Quarter and Full Year 2023 Results
12 Mar 24
DEFA14A
Additional proxy soliciting materials
13 Feb 24
8-K
Whole Earth Brands Signs Definitive Agreement to be Acquired by Affiliates of Sababa Holdings FREE, LLC
13 Feb 24
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Whole Earth Brands Reports Third Quarter 2023 Results
9 Nov 23
Transcripts
FREE
Earnings call transcript
2023 Q3
9 Nov 23
FREE
Earnings call transcript
2023 Q2
9 Aug 23
FREE
Earnings call transcript
2023 Q1
10 May 23
FREE
Earnings call transcript
2023 Q1
10 May 23
FREE
Earnings call transcript
2022 Q4
13 Mar 23
FREE
Earnings call transcript
2022 Q3
9 Nov 22
FREE
Earnings call transcript
2022 Q2
13 Aug 22
FREE
Earnings call transcript
2022 Q2
10 May 22
FREE
Earnings call transcript
2021 Q4
14 Mar 22
FREE
Earnings call transcript
2021 Q3
9 Nov 21
Latest ownership filings
SC 13G
Beryl Capital Management LLC
28 Mar 24
4
Rajnish Ohri
26 Mar 24
4
Jeffrey S. Robinson
26 Mar 24
4
Brian Litman
26 Mar 24
4
Rajnish Ohri
20 Mar 24
4
Jeffrey S. Robinson
20 Mar 24
4
Brian Litman
20 Mar 24
SC 13G
Hilary L Shane Revocable Trust
20 Feb 24
SC 13D/A
Notch View Capital Management, LLC
14 Feb 24
SC 13G/A
ARMISTICE CAPITAL, LLC
14 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 24.25 mm | 24.25 mm | 24.25 mm | 24.25 mm | 24.25 mm | 24.25 mm |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | 5.65 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | n/a | 38.88 mm | n/a | n/a |
Cash remaining | n/a | n/a | n/a | -14.64 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | n/a | -2.6 | n/a | n/a |
Institutional ownership, Q3 2023
72.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 83 |
Opened positions | 74 |
Closed positions | 18 |
Increased positions | 3 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 73.98 bn |
Total shares | 31.19 mm |
Total puts | 0.00 |
Total calls | 402.80 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Franklin Martin E | 8.91 mm | $34.82 mm |
Armistice Capital | 2.15 mm | $7.74 bn |
Vanguard | 1.94 mm | $7.00 bn |
Pacific Ridge Capital Partners | 1.67 mm | $6.01 bn |
SPLP Steel Partners | 1.57 mm | $5.66 bn |
Clearline Capital | 1.53 mm | $5.50 bn |
Ionic Capital Management | 1.40 mm | $5.06 bn |
Scoggin Management | 1.01 mm | $3.65 bn |
Millennium Management | 862.26 k | $3.10 bn |
Linden Capital | 852.43 k | $9.29 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
24 Mar 24 | Rajnish Ohri | Common Stock | Option exercise | Acquire M | No | No | 0 | 7,127 | 0.00 | 112,219 |
24 Mar 24 | Rajnish Ohri | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 7,127 | 0.00 | 326,785 |
24 Mar 24 | Jeffrey S. Robinson | Common Stock | Payment of exercise | Dispose F | No | No | 4.82 | 3,075 | 14.82 k | 127,054 |
24 Mar 24 | Jeffrey S. Robinson | Common Stock | Option exercise | Acquire M | No | No | 0 | 8,977 | 0.00 | 130,129 |
24 Mar 24 | Jeffrey S. Robinson | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 8,977 | 0.00 | 88,396 |
24 Mar 24 | Brian Litman | Common Stock | Payment of exercise | Dispose F | No | No | 4.82 | 2,307 | 11.12 k | 65,205 |
24 Mar 24 | Brian Litman | Common Stock | Option exercise | Acquire M | No | No | 0 | 5,870 | 0.00 | 67,512 |
24 Mar 24 | Brian Litman | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 5,870 | 0.00 | 120,838 |
18 Mar 24 | Rajnish Ohri | Common Stock | Option exercise | Acquire M | No | No | 0 | 18,012 | 0.00 | 105,092 |
18 Mar 24 | Rajnish Ohri | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 13,508 | 0.00 | 84,428 |
News
Recap: Whole Earth Brands Q4 Earnings
12 Mar 24
Imperial Capital Downgrades Whole Earth Brands to Neutral
14 Feb 24
Nasdaq Down Over 2%; Marriott Earnings Top Views
13 Feb 24
Why IPG Photonics Shares Are Trading Lower By Around 11%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
13 Feb 24
Gold Down Over 1%; Coca-Cola Posts Upbeat Sales
13 Feb 24
Press releases
SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates FREE, HRT, SCX, MINM
27 Mar 24
TAKE ACTION: The M&A Class Action Firm Launches Legal Inquiry for the Merger - HMST, FREE, EVBG, INBX
26 Mar 24
INVESTIGATION ALERT: Halper Sadeh LLC Investigates FREE, EVBG, ZFOX
23 Mar 24
Kuehn Law Encourages DRQ, EVBG, FREE, and FUSN Investors to Contact Law Firm
20 Mar 24
SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates FREE, SCTL, KNTE
20 Mar 24