Impressive: Potential E-Cigarette Growth in 2024 Could Still Range Between 25% and 40%!?

Enter Fourth quarter, 2023 has entered the market season of gold, nine and ten silver, and it is expected that many companies are already gathering for a new round of departure, summarizing the present and thinking about the future.

When it comes to revenue, Recently saw a companye-cigarettesThe income is amazing, which is ISPIRE.

According to the 2023 fiscal year results released by ISPR.US, its e-cigarette revenue increased by 10.9%, reaching 75.6 million US Dollar;CBDRevenue increased by 100.4%, more than doubling. This means that ISPIRE's e-cigarette revenue in fiscal year 2023 exceeded RMB 500 million, and the growth can be said to be good. It also clearly states that the increase in e-cigarettes comes from Europe. It was also specifically mentioned that the potential growth of e-cigarettes in 2024 will be between 25% and 40%!

(Its earnings revenue data)

01

/ The potential growth of e-cigarettes in 2024 will be between 25% and 40%!

Just against the background of a sea of maritime disputes, some leading companies have achieved growth based on their advantageous resource advantages.

For example, ISPIRE financial report data shows that It said that" it is expected that by 4,e-cigarette productsThe potential growth of will be between 25% and 40%."

(Make it clear that there will be growth in fiscal year 2024)

According to its financial report data, its revenue for the fiscal year 2023 increased by 31.2%, reaching US$115.6 million, exceeding the RMB revenue of 600 million. This is a lot increase from US$88.1 million in fiscal year 2022.

Data released in May this year showed that financial revenue for the 2023 quarter ended March 31, 2023 increased by 26.9% year-on-year to US$24.1 million; gross profit increased by 51.9% year-on-year to US$4.5 million. At that time, its e-cigarette products contributed US$16.5 million to revenue, while CBD-related atomization products contributed US$7.6 million to revenue, accounting for 68% of e-cigarette revenue.

It can be seen that its e-cigarette revenue has increased from more than 16 million to more than 70 million US dollars in half a year, and CBD has increased from 7.6 million US dollars in a quarter to 40 million US dollars, indicating that e-cigarettes are growing rapidly and CBD is growing very rapidly.

As 2023e-cigarette industryISPIRE, the first listed company, is listed on NASDAQ in the United States and currently has a market value of US$530 million. Its development, especially in CBD and e-cigarettes, is eye-catching.

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/Some companies in China also earn a lot of income in half a year!

Data released from statistics show that in fact, in the first half of this year, some companies also gained a lot of income with the help of going to sea.

For example Simmore Half-year revenue was 5.123 billion yuan, of which overseas revenue accounted for more than 90%, and revenue increased by 28% year-on-year. Its data pointed out that corporate customer business (ODM) revenue was 4.474 billion yuan, accounting for 87.3% of total revenue. Revenue from overseas markets increased steadily, with a year-on-year increase of 30%. At the same time, further breakthroughs were made in the U.S. market, accounting for 40.2% of revenue, a year-on-year increase of 27.7%. More importantly, Simore has also achieved rapid development in Europe and other markets, with a year-on-year increase of 32%. In particular, one-time products quickly achieved large-scale shipments, with year-on-year revenue growth of 369%. And its brand retail business, which means that the Group has achieved further growth in its retail customer (APV) business, benefited from the dual boost of product upgrades and channel sinking, revenue in the first half of 2023 reached RMB 649 million, a year-on-year increase of 15.8%.

Other e-cigarette related companies, such as Xiaosong The net profit of shares in the first half of the year increased significantly by 674.72% year-on-year. The company's sales of health home appliances and e-cigarette products increased in the first half of the year. The company's operating income in the first half of the year was 872 million yuan, a year-on-year increase of 32.15%. In particular, the e-cigarette business has formed a new performance growth point. In the first half of the year, the e-cigarette business has begun to contribute revenue, bringing new performance growth points to the company. Its e-cigarette operating income is approximately 17.43 million, accounting for 2%.

Half a year Win Technology company's operating income was 4.801 billion yuan, a year-on-year increase of 3.84%. In particular, e-cigarettes have brought rapid growth, because Wingher Technology's subsidiariesSkollThe operating income of the e-cigarette business reached 1.433 billion yuan, a year-on-year increase of 1477%. The gross profit margin reached 40.91%, and the gross profit margin increased by 26 percentage points year-on-year. It can be said that it has increased by 63 times in two years, and disposable e-cigarettes have experienced "barbaric growth". Its half-year net profit achieved was 417 million yuan, reaching 76% of last year. In the UK market, Schole's sales have entered the top.

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/ CBD has silently built a" new growth "pole!

Just as tobacco is moving around the worldnew tobaccoDuring the transformation process, atomized e-cigarettes are only one of the sectors, while CBD,HNBOther categories are emerging rapidly.

(The market can see the future)

For example, data released by ISPIRE shows that its revenue from CBD atomization products in fiscal year 2023 increased by 100.4% to US$40 million.

means that it received more than 200 million yuan in CBD revenue.

also clearly stated that" it expects the potential of its CBD atomization business in fiscal year 2024 Growth will be between 100% and 125%", so it seems also continues to announce that it will also grow rapidly by 2024.

It can also be seen that some leading CBD atomization equipment companies continue to surge in business and are entering a super growth track.

The current globalization process of e-cigarettes is accelerating, and various categories are also being extended and colorful.

More Head enterprise is already catching the spotlight on this" globalization process ". In this context, it is rapidly Preemption Market!