Company Overview 1606 Corp., a Nevada corporation (the Company , we , or us ) was incorporated in Nevada in February 2021 as a spin-off from Singlepoint Inc. in April 2021. We started by offering a tobacco- and nicotine-free smoking alternative called 1606 Original Hemp.
Revenue declined 100.0% YoY. The question is whether this is cyclical or a structural shift.
Insufficient data to identify specific risks. Treat any missing metrics as a data gap, not a clean bill of health.
Profitability & Returns
Revenue (FY)
$0.00
▼ -100.0% YoY
Net Income (TTM)
-$2M
▲ +71.3% YoY
Op. Margin
—
ROIC
-13.21%
▲ +887.4pp YoY
Cash Flow & Balance Sheet
FCF
N/A
Op. Cash Flow (TTM)
-$725K
▲ +48.3% YoY
Net Debt
$4M
Cash & Equiv.
$9K
Continue Research