Sugarmade (SGMD)

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

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

SWC Group Inc. • SugarRush Inc. • Lemon Glow Company ...

IRS number

943008888

SGMD stock data

1M 1Y 5Y

News

From Benzinga Pro

Cannabis Global Enters Into Supply Agreement For 'Fresh Frozen' Cannabis With Sugarmade

3 May 22

Cannabis Global, Inc. (OTCPK: CBGL) entered into a supply agreement to solidify the company's position in the solventless cannabis product sector. Under the terms of the agreement, Sugarmade, Inc. (OTCPK: SGMD) will cultivate cannabis specifically for Cannabis Global.

Sugarmade Expands Cannabis Delivery Business & Debuts Distribution Model With Dining Partnership

30 Mar 22

Sugarmade, Inc. (OTC: SGMD) has announced the signing of definitive agreements related to the company’s expansion, including the establishment of majority ownership in a fully licensed new Hollywood cannabis delivery hub located on the world famous Sunset Strip as well a

Press releases

From Benzinga Pro

Cannabis Global Commences "Fresh Frozen" Supply Contract with Sugarmade Inc.

3 May 22

LOS ANGELES, CA / ACCESSWIRE / May 3, 2022 / Cannabis Global, Inc. (OTC:CBGL), Cannabis Global, Inc., a licensed Los Angeles-based manufacturer and distributor in the cannabis sector, today announced an important supply

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

23 May 22

26 Jun 22

30 Jun 22

Financial summary

Financial statements Chart SGMD financial data

Quarter (USD)	Mar 22	Dec 21	Sep 21	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jun 21	Jun 20	Jun 19	Jun 18
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)	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

Beta Read what these cash burn values mean

Financial data from Sugarmade earnings reports.

Institutional ownership, Q4 2020

SGMD institutional ownership history Ownership history

0.0% owned by funds/institutions

13F holders	Current	Change
Total holders	1	NEW
Opened positions	1	NEW
Closed positions	0
Increased positions	0
Reduced positions	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, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

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

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

From filing 10-Q 2022 Q3

Financial reports

View all

Notice of late quarterly filing

17 May 22

10-Q

2022 Q2