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
Website
CEO
Jimmy Chan
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Veritiv ...
Former names
Diversified Opportunities, Inc., ENLIGHTEN SOFTWARE SOLUTIONS INC, SOFTWARE PROFESSIONALS INC
SEC CIK
Corporate docs
Subsidiaries
SWC Group Inc. • SugarRush Inc. • Lemon Glow Company ...
IRS number
943008888
SGMD stock data
Investment data
Securities sold
Number of investors
Calendar
23 May 22
26 Jun 22
30 Jun 22
Financial summary
Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
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Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Jun 21 | Jun 20 | Jun 19 | Jun 18 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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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) | 148.24K | 148.24K | 148.24K | 148.24K | 148.24K | 148.24K |
Cash burn (monthly) | (no burn) | 10.14K | 460.59K | 476.2K | 218.55K | 393.49K |
Cash used (since last report) | n/a | 29.09K | 1.32M | 1.37M | 627.13K | 1.13M |
Cash remaining | n/a | 119.15K | -1.17M | -1.22M | -478.89K | -980.89K |
Runway (months of cash) | n/a | 11.8 | -2.5 | -2.6 | -2.2 | -2.5 |
Institutional ownership, Q4 2020
0.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1 |
Opened positions | 1 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0 |
Total shares | 350K |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Tradition Wealth Management | 350K | $0 |
Financial report summary
?Management Discussion
- For the years ended June 30, 2021 and 2020, revenues were $3,979,049 and $4,362,585 respectively. The decrease was primarily due to the COVID 19 pandemic which had significant impact on the restaurant supply industry.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
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New words:
abandoned, addendum, agreeable, appendix, attorney, bankruptcy, BNG, bold, Boulevard, bring, calendar, check, choice, commonly, confidence, consent, constitute, construction, contractor, DCC, DCR, decided, declare, dynamic, embarking, equitable, excise, expiration, Extract, fifty, finder, flash, Fresh, Global, governmental, grow, growing, half, hundred, hypothecate, infrastructure, infusion, Invoking, irrevocably, jurisdiction, kind, labor, LM, Loud, Media, membership, MI, million, MIs, national, Nightlife, notifying, outsource, pick, picked, pledge, possession, pound, principle, proportion, provision, ranging, receipt, responsible, Saguaro, season, Secretary, short, side, Spring, storage, stored, Sunset, superior, thirty, thousand, timeframe, title, traditional, uncured, waive, WNDR
Removed:
APR, Ave, brand, driven, endeavoring, EPS, expanded, home, importing, increasingly, offer, posted, protective, rapid, recently, relying, representing, seventy, Southern, supplying, world
Financial reports
Current reports
8-K
Sugarmade (SGMD) Issues Shareholder Letter and Corporate Update
4 May 22
8-K
Sugarmade Expands Cannabis Delivery Business and Launches Innovative Distribution Model with Dining Partnership
1 Apr 22
8-K
Amendments to Articles of Incorporation or Bylaws
7 Mar 22
8-K
Entry into a Material Definitive Agreement
12 Jan 22
8-K
Regulation FD Disclosure
5 Nov 21
8-K
Entry into a Material Definitive Agreement
31 Aug 21
8-K
Sugarmade Announces Closing of Acquisition of New Property to Serve as Second Licensed LA
17 Aug 21
8-K/A
Financial Statements and Exhibits
11 Aug 21
8-K
Regulation FD Disclosure
22 Jul 21
8-K
Entry into a Material Definitive Agreement
17 Jun 21
Registration and prospectus
424B3
Prospectus supplement
5 Apr 22
S-1/A
IPO registration (amended)
29 Mar 22
S-1
IPO registration
16 Mar 22
253G2
Offering circular supplement
12 Oct 21
253G2
Offering circular supplement
24 Feb 21
253G2
Offering circular supplement
12 Feb 21
1-A/A
Offering $9M in Equity
30 Nov 20
1-A-W
Offering statement withdrawal
16 Aug 20
1-A/A
Offering $6M in Equity
16 Aug 20
1-A
Offering $6M in Equity
12 Aug 20
Proxies
DEF 14C
Information statement
4 Feb 22
PRE 14C
Preliminary information
21 Jan 22
DEF 14C
Information statement
28 May 20
PRE 14C
Preliminary information
23 Apr 20
PRE 14C
Preliminary information
15 Nov 19
DEF 14A
Definitive proxy
30 Aug 18
PRER14A
Preliminary revised proxy
14 Sep 17
PRE 14A
Preliminary proxy
12 Sep 17
DEF 14C
Information statement
12 May 15
Other
EFFECT
Notice of effectiveness
5 Apr 22
CORRESP
Correspondence with SEC
29 Mar 22
UPLOAD
Letter from SEC
21 Mar 22
CORRESP
Correspondence with SEC
15 Dec 20
UPLOAD
Letter from SEC
3 Sep 20
UPLOAD
Letter from SEC
21 Jul 20
EFFECT
Notice of effectiveness
18 Mar 20
EFFECT
Notice of effectiveness
31 Oct 19
EFFECT
Notice of effectiveness
19 Jul 19
CORRESP
Correspondence with SEC
11 Jul 19
Ownership
SC 13G/A
Sugarmade / EAGLE EQUITIES ownership change
16 Mar 21
SC 13G
Sugarmade / EAGLE EQUITIES ownership change
2 Mar 21
4
Sugarmade / CHENLONG TAN ownership change
7 Jan 20
4
Sugarmade / ALLAN JAMES HUANG ownership change
7 Jan 20
4
Sugarmade / JIMMY CHAN ownership change
7 Jan 20
3
Sugarmade / Khoi Dang ownership change
19 Jul 19
3
Sugarmade / ALLAN JAMES HUANG ownership change
13 May 19
3
Sugarmade / CHENLONG TAN ownership change
13 May 19
SC 13D
Sugarmade, Inc.
10 May 19
SC 13G/A
Sugarmade, Inc.
30 Aug 18
Reddit threads
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