SGMD Sugarmade Dashboard

Sugarmade Inc. (hereinafter referred to as “we”, “us” or “the/our Company”) is a publicly traded company incorporated in the state of Delaware. Our previous legal name was Diversified Opportunities Inc.  Our Company primarily operates through our subsidiary, Sugarmade Inc., a California corporation (“SWC Group Inc., - CA”). We are headquartered in Monrovia, California, a suburb of Los Angeles, with an additional warehouse location in Southern California. As of date of this filing, we employ 21 full and part-time workers and contractors.

Company profile

Ticker

SGMD

Exchange

OTC

Website

www.sugarmade.com

CEO

Jimmy Chan

Incorporated

Delaware

Location

California

Fiscal year end

Jun 30

Sector

Distribution Services > Other

Industry (SIC)

Wholesale - Paper & Paper Products

Veritiv ...

Former names

Diversified Opportunities, Inc., ENLIGHTEN SOFTWARE SOLUTIONS INC, SOFTWARE PROFESSIONALS INC

SEC CIK

0000919175

Corporate docs

Articles of Incorporation & Bylaws

IRS number

943008888

SGMD stock data

S&P 500

1M 1Y 2Y 5Y

Press releases

Pro users get this 30m faster

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Secures 70% Stake in Nug Avenue, Enters Burgeoning Los Angeles Cannabis Delivery Market

12 Feb 21

Sugarmade (OTCQB:SGMD), an innovator in the dynamic California cannabis scene, today announced that it is launching a new business initiative for the licensed delivery of cannabis products to consumers in the Los Angeles

Sugarmade Closes Definitive Agreement to Acquire Majority Stake in Nug Avenue, Entering the Hyper-Growth Los Angeles Cannabis Delivery Market

12 Feb 21

MONROVIA, Calif., Feb. 12, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Sugarmade, Inc. (OTC:SGMD) ("Sugarmade," "SGMD" or the "Company"), an innovator in the dynamic California cannabis scene, today announces it is

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

22 Feb 21

17 Apr 21

30 Jun 21

Financial summary

Financial statements Chart SGMD financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jun 20	Jun 19	Jun 18	Jun 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Sugarmade earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	360.55K	360.55K	360.55K	360.55K	360.55K	360.55K
Cash burn (monthly)	106.85K	(positive/no burn)	192.19K	474.98K	245.95K	169.14K
Cash used (since last report)	380.84K	n/a	685.05K	1.69M	876.66K	602.86K
Cash remaining	-20.29K	n/a	-324.5K	-1.33M	-516.11K	-242.31K
Runway (months of cash)	-0.2	n/a	-1.7	-2.8	-2.1	-1.4

Beta Read what these cash burn values mean

Recent insider trades

SGMD insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
31 Oct 19	Chenlong Tan	Class B Convertible Preferred Stock	Grant	Aquire A	No	No	9.19	294,448	2.71M	294,448
31 Oct 19	Allan James Huang	Class B Convertible Preferred Stock	Grant	Aquire A	No	No	9.19	294,448	2.71M	294,448
31 Oct 19	Jimmy Chan	Class B Convertible Preferred	Grant	Aquire A	No	No	9.19	373,500	3.43M	373,500

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

SGMD institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

0.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1	0	NEW
Opened positions	1	0	NEW
Closed positions	0	0
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	0	0
Total shares	350K	0	NEW
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Tradition Wealth Management	350K	$0	NEW

Largest transactions	Shares	Bought/sold	Change
Tradition Wealth Management	350K	+350K	NEW

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

For the three months ended December 31, 2020 and 2019, revenues were $300,652 and $720,810, respectively. The decrease was primarily due to the loss of control of Indigo.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Avg

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Removed: agreeing, assigned, attributable, bizright, BZRTH, calibration, CEO, Certification, chairman, closed, consideration, cultivation, Description, document, electronic, environmental, exchanged, exclusive, Extension, filing, grow, HPS, hydroponic, ineffective, Instance, Label, lawsuit, leading, Linkbase, LLC, manufacturer, marketer, master, mutual, nutrient, pH, range, rescind, rescission, Schema, storage, Taxonomy, XBRL

From filing 10-Q 2021 Q2