CEA Industries Stock Price, News & Analysis

CEA Industries (NASDAQ: CEAD) has announced the publication of an updated investor presentation available on their website's Investor Relations section. The company has scheduled a conference call for June 11, 2025, at 4:30pm ET where management will discuss new strategic priorities, including details about their recent Fat Panda acquisition and plans to drive growth and enhance shareholder value. The conference call can be accessed via phone (1-973-528-0008, Access Code: 891969) or through a webcast. The presentation release complies with Regulation FD and may be used in future meetings with analysts and investors.

CEA Industries (NASDAQ: CEAD, CEADW) has announced its participation in the upcoming virtual Sidoti Conference scheduled for June 11-12, 2025. The company's management will be conducting one-on-one investor meetings throughout June 12, 2025, and will deliver a virtual presentation at 10:45 a.m. ET on the same day. Investors can access the presentation through online registration, and a replay will be available on CEA Industries' investor relations website. Those interested in scheduling meetings with the management team can contact Elevate IR for arrangements.

CEA Industries (NASDAQ: CEAD) has completed the acquisition of Fat Panda Ltd., Central Canada's largest independent vape retailer and manufacturer, for CAD $18.0 million (USD $12.6 million). Fat Panda operates 33 retail locations across Manitoba, Ontario, and Saskatchewan, commanding over 50% regional market share. The company generated CAD $38.5 million in revenue with 39% gross margins and CAD $8.0 million in adjusted EBITDA in FY2024. The acquisition includes CAD $12.1 million in cash, 39,000 CEAD shares valued at CAD $700,000, and seller notes of CAD $2.56 million, partially funded by a USD $4.0 million short-term loan. Fat Panda will maintain its brand and current management team, with co-founder Jordan Vedoya leading integration and expansion efforts. The deal strengthens CEA's position in the regulated nicotine market through Fat Panda's vertically integrated model, ISO-certified manufacturing facilities, and established e-commerce platform.

CEA Industries reported its Q1 2025 financial results, showing mixed performance. Revenue increased to $0.7 million from $0.2 million in Q1 2024, driven by higher net bookings and backlog revenue recognition. The company achieved a gross profit of $39,000 compared to a loss of $154,000 in the prior year. However, net loss widened to $1.1 million ($1.33 per share) from $0.9 million. Operating expenses rose to $1.1 million, primarily due to acquisition-related costs. The company maintains a strong balance sheet with $8.7 million in cash and remains debt-free. CEA Industries is progressing with its planned acquisition of Fat Panda, which represents a strategic entry into the vape industry. Management continues to focus on expense management and capital preservation through headcount reductions and reduced marketing spend.

CEA Industries Inc. (NASDAQ: CEAD) provided an update on its planned acquisition of Fat Panda Ltd., a leading central Canadian vape products retailer and manufacturer. The acquisition marks CEA's strategic entry into the high-growth vape market. Fat Panda's preliminary 2024 financials show revenue of CAD $38.5M (up 14% YoY), gross margins of 39% (down from 46%), and net income of CAD $1.2M (126% increase). The company operates 33 retail locations across Manitoba, Ontario, and Saskatchewan, along with an e-commerce platform.

The transaction is expected to close in H1 2025, subject to conditions including Fat Panda's financial statements, due diligence completion, government approvals, and securing financing for the purchase price. The acquisition aims to accelerate Fat Panda's growth initiatives and leverage its vertically integrated operations.

CEA Industries Inc. (NASDAQ: CEAD) has provided an update on its planned acquisition of Fat Panda , central Canada's largest retailer and manufacturer of nicotine vape products. Fat Panda operates 33 retail locations across Manitoba, Ontario, and Saskatchewan, along with an e-commerce platform.

According to preliminary unaudited financials, Fat Panda generated CAD $38.5 million (USD $28.5 million) in revenue for fiscal 2024, with 39% gross margins and CAD $8.4 million (USD $6.2 million) in adjusted EBITDA. While revenue and adjusted EBITDA grew over 10% from fiscal 2023, gross margin declined by 15%.

The acquisition is expected to complete in the first half of 2025, subject to conditions including Fat Panda's financial statement preparation, due diligence completion, government approvals, retail lease continuation, and CEA securing financing for the purchase price.

CEA Industries (NASDAQ: CEAD) reported its Q4 and full-year 2024 results, showing mixed performance. Q4 revenue increased to $0.4M from $0.3M year-over-year, with net bookings rising to $0.5M from $0.1M. The company maintained a lean cost structure, reducing operating expenses by 16% in 2024 through headcount reduction and elimination of product development costs.

Notable highlights include a reduced Q4 gross loss of $0.2M (vs $0.3M in 2023) and quarterly net loss of $1.0M or $(1.29) per share. Cash position stood at $9.5M as of December 31, 2024, down from $12.5M year-over-year. The company remains debt-free.

CEA Industries recently announced an agreement to acquire Fat Panda, a Canadian e-cigarette and vape devices manufacturer, aiming to leverage their retail footprint and profitable operations for long-term value creation.

111 Equity, a major shareholder of CEA Industries (CEAD), has expressed strong support for the company's transaction with Fat Panda and has increased its position following the announcement. The investment firm commends CEAD's board and CEO Tony McDonald for securing a deal with minimal shareholder dilution, involving a company that demonstrates double-digit revenue growth.

111 Equity views Fat Panda as a potential industry leader and is optimistic about its future growth prospects as a publicly traded company. The firm maintains that its views are based on public information analysis, though actual results may differ from their assumptions.

CEA Industries Inc. (NASDAQ: CEAD) has signed an agreement to acquire Fat Panda , a leading Canadian vape retailer and manufacturer, for CAD $18 million (USD $12.6 million). The purchase will be financed through a combination of cash, CEAD common shares, and debt.

Fat Panda is central Canada's largest vape products retailer with over 50% market share, operating 33 retail locations across Manitoba, Ontario, and Saskatchewan. The company also maintains an e-commerce platform and manufactures its own line of premium e-liquids. Founded in 2013, Fat Panda has demonstrated consistent growth through strategic store locations and robust product development.

The acquisition aims to accelerate Fat Panda's expansion in the Canadian market through additional store acquisitions and manufacturing scale-up. The deal is expected to close in the first half of 2025, subject to conditions including financial statement preparation, due diligence completion, and necessary approvals.