Company research
Whole Earth Brands, Inc.
CIK 1753706Updated Sep 26, 2026
Securities
Name history
Act II Global Acquisition Corp. · through Jun 18, 2020
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Historical security
This listing closed Aug 2, 2024. Live provider charts are shown only for current listings.
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Financials
FY 2023 · USDSource
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balance sheet · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 825,697,000Source | 849,003,000Source | 922,579,000Source | 596,538,000Source |
| Property, Plant and Equipment, NetUSD | 54,937,000Source | 58,092,000Source | 58,503,000Source | 47,285,000Source |
| GoodwillUSD | 193,610,000Source | 193,139,000Source | 242,661,000Source | 153,537,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 229,936,000Source | 245,376,000Source | 266,939,000Source | 184,527,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 30,513,000Source | 28,676,000Source | 28,296,000Source | 16,898,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 74,012,000Source | 66,653,000Source | 69,590,000Source | 56,423,000Source |
| Inventory, NetUSD | 209,271,000Source | 218,975,000Source | 212,930,000Source | 111,699,000Source |
| Assets, CurrentUSD | 320,225,000Source | 324,834,000Source | 318,401,000Source | 190,065,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 6,429,000Source | 10,530,000Source | 7,585,000Source | 5,045,000Source |
| Operating Lease, Right-of-Use AssetUSD | 19,223,000Source | 18,238,000Source | 26,444,000Source | 12,193,000Source |
| Other Assets, NoncurrentUSD | 7,266,000Source | 8,785,000Source | 7,638,000Source | 6,260,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 574,007,000Source | 574,452,000Source | 608,708,000Source | 287,692,000Source |
| Commitments and ContingenciesUSD | 0Source | 0Source | 0Source | 0Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 4,000Source | 4,000Source | 4,000Source | 4,000Source |
| Additional Paid in CapitalUSD | 365,721,000Source | 360,777,000Source | 330,616,000Source | 325,679,000Source |
| Retained Earnings (Accumulated Deficit)USD | -123,284,000Source | -85,188,000Source | -26,436,000Source | -25,442,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 9,249,000Source | -1,042,000Source | 9,687,000Source | 8,605,000Source |
| Stockholders' Equity Attributable to ParentUSD | 251,690,000Source | 274,551,000Source | 313,871,000Source | 308,846,000Source |
| Liabilities and EquityUSD | 825,697,000Source | 849,003,000Source | 922,579,000Source | 596,538,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 98,955,000Source | 87,044,000Source | 151,728,000Source | 64,852,000Source |
| Operating Lease, Liability, CurrentUSD | 7,370,000Source | 8,804,000Source | 7,950,000Source | 3,623,000Source |
| Accounts Payable, CurrentUSD | 55,662,000Source | 47,002,000Source | 55,182,000Source | 25,200,000Source |
| Operating Lease, Liability, NoncurrentUSD | 14,336,000Source | 12,664,000Source | 22,575,000Source | 11,324,000Source |
| Deferred Income Tax Liabilities, NetUSD | 31,579,000Source | 32,585,000Source | 35,090,000Source | 23,297,000Source |
| Other Liabilities, NoncurrentUSD | 11,208,000Source | 9,771,000Source | 13,778,000Source | 15,557,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 31,079,000Source | 32,046,000Source | 33,097,000Source | 20,626,000Source |
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 3,750,000Source | 3,750,000Source | 3,750,000Source | 7,000,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 417,929,000Source | 432,172,000Source | 383,484,000Source | 172,662,000Source |
cash flow · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 7,029,000Source | 4,933,000Source | 8,715,000Source | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 5,455,000Source | -1,222,000Source | -964,000Source | — |
| Increase (Decrease) in InventoriesUSD | -10,282,000Source | 7,684,000Source | 22,957,000Source | — |
| Deferred Income Tax Expense (Benefit)USD | -1,054,000Source | -456,000Source | -12,300,000Source | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 25,318,000Source | -5,810,000Source | 9,482,000Source | — |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -5,643,000Source | -8,419,000Source | -197,913,000Source | — |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 1,468,000Source | 898,000Source | 1,913,000Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -17,679,000Source | 16,525,000Source | 199,330,000Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 1,837,000Source | 380,000Source | 11,398,000Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 30,513,000Source | 28,676,000Source | 28,296,000Source | 16,898,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 41,770,000Source | 28,386,000Source | 21,203,000Source | — |
| Income Taxes Paid, NetUSD | 4,815,000Source | 9,113,000Source | 4,523,000Source | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -159,000Source | -1,916,000Source | 499,000Source | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 7,000,000Source | 4,900,000Source | 8,700,000Source | 1,300,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 2,252,000Source | 1,982,000Source | — | — |
| Amortization of Intangible AssetsUSD | 18,698,000Source | 18,623,000Source | 18,295,000Source | — |
| Capitalized Computer Software, AmortizationUSD | 800,000Source | 0Source | 0Source | — |
| DepreciationUSD | 6,638,000Source | 6,001,000Source | 4,727,000Source | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -3,300,000Source | 100,000Source | -200,000Source | — |
| Gain (Loss) on Extinguishment of DebtUSD | 0Source | 0Source | -5,513,000Source | — |
| GoodwillUSD | 193,610,000Source | 193,139,000Source | 242,661,000Source | 153,537,000Source |
| Goodwill, Impairment LossUSD | 7,230,000Source | 46,500,000Source | — | — |
| Income Tax Expense (Benefit)USD | 6,329,000Source | 5,789,000Source | -7,144,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | -38,096,000Source | -58,752,000Source | 83,000Source | — |
| Other Nonoperating Income (Expense)USD | -3,188,000Source | 1,051,000Source | 196,000Source | — |
income statement · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|
| Total RevenueUSD | 550,913,000Source | 538,272,000Source | 493,973,000Source | — |
| Cost of RevenueUSD | 407,236,000Source | 398,060,000Source | 335,218,000Source | — |
| Selling, General and Administrative ExpenseUSD | 102,354,000Source | 99,735,000Source | 113,141,000Source | — |
| Operating Income (Loss)USD | 15,395,000Source | -24,646,000Source | 22,816,000Source | -350,881Source |
| Other Nonoperating Income (Expense)USD | -3,188,000Source | 1,051,000Source | 196,000Source | 4,283,025Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -31,767,000Source | -52,963,000Source | -7,061,000Source | — |
| Income Tax Expense (Benefit)USD | 6,329,000Source | 5,789,000Source | -7,144,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | -38,096,000Source | -58,752,000Source | 83,000Source | 3,932,144Source |
| Earnings Per Share, BasicUSD per share | -0.9Source | -1.42Source | 0Source | — |
| Earnings Per Share, DilutedUSD per share | -0.9Source | -1.42Source | 0Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 42,483,083Source | 41,481,079Source | 38,505,458Source | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 42,483,083Source | 41,481,079Source | 39,876,387Source | 8,410,915Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 18,698,000Source | 18,623,000Source | 18,295,000Source | — |
| Capitalized Computer Software, AmortizationUSD | 800,000Source | 0Source | 0Source | — |
| Current Income Tax Expense (Benefit)USD | 7,383,000Source | 6,245,000Source | 5,156,000Source | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -3,300,000Source | 100,000Source | -200,000Source | — |
| Goodwill, Impairment LossUSD | 7,230,000Source | 46,500,000Source | — | — |
| Gross ProfitUSD | 143,677,000Source | 140,212,000Source | 158,755,000Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -43,041,000Source | -86,952,000Source | -36,205,000Source | — |
| Interest Income (Expense), NetUSD | -43,974,000Source | -30,600,000Source | -24,589,000Source | — |
| Interest Income, OperatingUSD | — | — | — | 4,254,861Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | — | -137,158Source |
| Other Cost and Expense, OperatingUSD | — | — | — | 350,881Source |
| Research and Development ExpenseUSD | 3,800,000Source | 3,900,000Source | 3,400,000Source | — |
| Undistributed Earnings (Loss) Allocated to Participating Securities, BasicUSD | — | — | — | 28,502,357Source |