Company Quick10K Filing
Gilla
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 144 $13
10-Q 2018-09-28 Quarter: 2018-06-30
10-Q 2018-06-29 Quarter: 2018-03-31
10-K 2018-05-03 Annual: 2017-12-31
10-Q 2017-11-14 Quarter: 2017-09-30
10-Q 2017-08-14 Quarter: 2017-06-30
10-Q 2017-05-15 Quarter: 2017-03-31
10-K 2017-03-31 Annual: 2016-12-31
10-Q 2016-11-14 Quarter: 2016-09-30
10-Q 2016-08-15 Quarter: 2016-06-30
10-Q 2016-05-16 Quarter: 2016-03-31
10-K 2016-04-08 Annual: 2015-12-31
10-Q 2015-11-20 Quarter: 2015-09-30
10-Q 2015-08-14 Quarter: 2015-06-30
10-Q 2015-05-15 Quarter: 2015-03-31
10-K 2015-03-31 Annual: 2014-12-31
10-Q 2014-11-18 Quarter: 2014-09-30
10-Q 2014-08-14 Quarter: 2014-06-30
10-Q 2014-05-21 Quarter: 2014-03-31
10-K 2014-04-08 Annual: 2013-12-31
10-Q 2013-11-14 Quarter: 2013-09-30
10-Q 2013-08-14 Quarter: 2013-06-30
10-Q 2013-05-15 Quarter: 2013-03-31
10-K 2013-04-01 Annual: 2012-12-31
10-Q 2012-11-14 Quarter: 2012-09-30
10-Q 2012-08-14 Quarter: 2012-06-30
10-Q 2012-05-15 Quarter: 2012-03-31
10-Q 2011-11-14 Quarter: 2011-09-30
10-Q 2011-08-15 Quarter: 2011-06-30
10-Q 2011-05-11 Quarter: 2011-03-31
10-K 2011-04-15 Annual: 2010-12-31
10-Q 2010-11-15 Quarter: 2010-09-30
10-Q 2010-08-16 Quarter: 2010-06-30
10-Q 2010-05-17 Quarter: 2010-03-31
10-K 2010-03-31 Annual: 2009-12-31
8-K 2018-06-22 Other Events, Exhibits
8-K 2018-05-17 Other Events, Exhibits
8-K 2018-03-08 Other Events, Exhibits

Gilla Financials

GLLA Metrics, Comps, Filings

Annual | Quarterly

Business

ITEM 1.  BUSINESS.

Gilla Inc. (the “Company”, the “Registrant” or “Gilla”) was incorporated under the laws of the State of Nevada on March 28, 1995 under the name of Truco, Inc. The Company later changed its name to Web Tech, Inc., and then to Cynergy, Inc., Mercantile Factoring Credit Online Corp., Incitations, Inc., Osprey Gold Corp. and to its present name. The Company adopted the present name, Gilla Inc., on February 27, 2007. The Company’s registered address is 475 Fentress Blvd., Unit L, Daytona Beach, Florida 32114.

The current primary business of the Company consists of the manufacturing, marketing and distribution of generic and premium branded E-liquid (“E-liquid”), which is used in vaporizers, electronic cigarettes (“E-cigarettes”), and other vaping hardware and accessories. E-liquid is heated by an atomizer to deliver the sensation of smoking (“vaping”) or “vaporizing”) and sometimes even mimics traditional smoking implements, such as cigarettes or cigars, in their use and/or appearance, without burning tobacco. When vaporized, some E-liquids release nicotine, while others merely release flavored vapor, which allows users to replicate the smoking experience, nicotine free. Furthermore, the Company’s new cannabis division develops intellectual property to deliver turn-key cannabis concentrate solutions for high-terpene vape oils, pure crystalline, high-performance vape pens and other targeted products.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Rare Element Resources (REE) 13,531 -4.0 -136% 2,228 1,909 0 0 -3,021 -3,021 12,038
Vitaxel Group (VXEL) 13,522 39% -8.7 -553% 281 4,686 31 12 -1,553 -1,553 13,468
ALR Technologies (ALRT) 13,439 -4.6 -161,532% 4 29,665 0 0 -6,014 -2,951 13,435
RMG Networks Holding (RMGN) 13,388 55% -2.7 -40% 19,219 18,489 35,066 19,291 -7,733 -4,380 11,651
C-Bond Systems (CBNT) 13,383 112% -1.5 -3,522% 257 2,019 334 374 -9,034 -8,888 13,614
TSS (TSSI) 13,295 38% 3.4 18% 10,766 8,350 20,318 7,640 1,914 2,724 9,153
Destiny Media Technologies (DSNY) 13,203 0% 15.7 19% 3,468 520 3,730 0 668 762 11,972
XSport Global (TLLT) 13,108 36% -6.7 -349% 774 4,664 2,009 714 -2,699 -2,077 13,877
Rocky Mountain High Brands (RMHB) 13,078 8% -3.5 227,454,000% 230 19 -2,275 -3,826 13,388
Strategic Environmental & Energy Resources (SENR) 13,014 13% -9.9 -89% 3,018 8,267 6,746 859 -2,678 -1,365 13,486
Gilla (GLLA) 12,944 65% -3.1 -134% 4,303 12,570 4,388 2,873 -5,761 -4,419 13,882
FC Global Realty (FCRE) 12,848 122% 25.1 11% 4,171 4,793 41 50 476 494 12,379
Advanzeon (CHCR) 12,799 59% -12.3 -121% 1,648 28,863 332 197 -1,998 -1,998 24,485
nDivision (NDVN) 12,753 78% -15.9 146,140,300% 1,553 5,158 4,047 -1,461 -795 12,657
Black Box (BBOX) 12,647 27% 57.9 -21% 297,764 237,819 738,286 202,895 -63,375 1,605 92,921
GT Biopharma (GTBP) 12,635 -0.1 -962% 25,707 16,731 0 0 -247,313 -243,434 12,371
LifeApps Brands (LFAP) 12,599 100% -2.3 -1,669% 299 1,770 5 5 -4,991 -5,474 12,348
Vitalibis (VCBD) 12,570 43% -2.7 -1,081% 437 784 225 97 -4,725 -4,722 12,558
Inrad Optics (INRD) 12,425 26% 36.4 1% 7,448 5,102 10,684 2,764 51 318 11,594
ETF Managers Group Commodity Trust I (RISE) 12,354 15.0 5% 16,600 372 0 0 825 825 12,354

Balance Sheet ($'000)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-31
Cash113564978218562
Accounts Receivable0374680232
Inventory9179155545451
PP&E36215093286
Assets165291,0862,2312,4234,281
Accounts Payable801253096881,7582,188
Long-Term Debt225349783845
Liabilities8181,7532,6405,0018,11410,836
Stockholders' Equity-802-1,225-1,553-2,770-5,691-6,555
Income Statement ($'000)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-31
Revenue0775821,1634,5514,601
Cost of Revenue624919091,9281,641
Gross Profit15912542,6232,960
R&D
SG&A5817081,4721,9835,3054,903
Tax00000-108
Net Income-1,064-1,503-3,096-3,048-4,500-6,648
Cash Flow ($'000)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-31
Cash Operating-568-798-1,315-891-1,940-1,898
Cash Investing-4-65-55-250-79-63
Cash Financing5861,1931,4266322,0612,020