Tattooed Chef, Inc.
0.0 %
-100.0 %
Yet to be announced
Company Overview
Tattooed Chef is a plant-based food company that produces and sells a portfolio of frozen foods. The company offers ready-to-cook bowls, zucchini spirals, riced cauliflower, acai and smoothie bowls, and cauliflower crust pizza primarily in the United States. Their products are sold through retail and club store channels.
Revenue Sources
PassBased on the company's SEC filings and product portfolio, Tattooed Chef's revenue comes entirely from the sale of plant-based food products. None of their revenue streams appear to be derived from haram sources such as alcohol, pork, gambling, or inappropriate entertainment.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2023 | $58.63m | $457,000 | $-460,000.0 | $457,000 | 0.78% | 100.00% |
| Dec. 31, 2022 | $51.03m | $361,000 | $-360,000.0 | $361,000 | 0.71% | 100.00% |
| Sept. 30, 2022 | $53.88m | $230,000 | $-230,000.0 | $230,000 | 0.43% | 100.00% |
| June 30, 2022 | $57.69m | $42,000 | $-42,000.0 | $42,000 | 0.07% | 100.00% |
Looking at the last four quarters, interest expense to total expense ratios were consistently below the 5% threshold that would indicate material reliance on interest. The company's interest expenses are primarily related to operational financing and working capital management, which is incidental to their core business of food production and distribution.
Operational Ethics
PassBased on review of the company's operations and disclosures, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company's primary operations and partnerships are within the United States and Italy.
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