Company research
Hempacco Co., Inc.
CIK 1892480Updated Sep 24, 2026
SecurityHPCO · OTC · equity
HPCO price & chart
Loading TradingView…
OTC:HPCO on TradingView ↗In the news
No coverage from other publishers is available.
Recent filings
No filing activity has been returned.
Financials
FY 2023 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| ASSETS | |||
| AssetsUSD | 18,043,080Source | 9,482,179Source | 7,570,523Source |
| Property, Plant and Equipment, NetUSD | 5,400,790Source | 7,220,565Source | 4,998,771Source |
| GoodwillUSD | 2,585,473Source | — | — |
| Current assets: | |||
| Cash and Cash Equivalents, at Carrying ValueUSD | 109,825Source | 548,331Source | 933,469Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | — | 478,680Source | 144,246Source |
| Inventory, NetUSD | 2,542,628Source | 645,132Source | 198,936Source |
| Assets, CurrentUSD | 3,279,296Source | 1,907,807Source | 2,117,638Source |
| Operating Lease, Right-of-Use AssetUSD | 6,305,016Source | 351,146Source | 454,114Source |
| LIABILITIES AND EQUITY | |||
| LiabilitiesUSD | 18,822,405Source | 1,921,980Source | 4,702,863Source |
| Stockholders’ equity: | |||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 2,927Source | 23,436Source | 19,696Source |
| Additional Paid in CapitalUSD | 23,217,927Source | 18,095,184Source | 6,321,428Source |
| Retained Earnings (Accumulated Deficit)USD | -23,588,666Source | -10,463,048Source | -3,459,214Source |
| Stockholders' Equity Attributable to ParentUSD | -367,812Source | 7,655,572Source | 2,881,910Source |
| Liabilities and EquityUSD | 18,043,080Source | 9,482,179Source | 7,570,523Source |
| Current liabilities: | |||
| Liabilities, CurrentUSD | 12,891,404Source | 1,520,434Source | 4,168,264Source |
| Operating Lease, Liability, CurrentUSD | 441,100Source | 109,552Source | 102,969Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -411,513Source | -95,373Source | -14,250Source |
| Additional Financial Items | |||
| Long-term DebtUSD | 0Source | 142,770Source | 168,328Source |
cash flow · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 13,442,221Source | -7,134,957Source | -1,870,675Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 448,956Source | 248,103Source | 100,000Source |
| Changes in operating assets and liabilities: | |||
| Increase (Decrease) in Accounts ReceivableUSD | -263,910Source | 87,023Source | 155,878Source |
| Increase (Decrease) in InventoriesUSD | 1,193,534Source | 446,196Source | 106,237Source |
| Increase (Decrease) in Accounts PayableUSD | 1,831,839Source | — | — |
| Deferred Income Tax Expense (Benefit)USD | -3,060,876Source | -1,031,682Source | -374,214Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -5,844,807Source | -4,370,476Source | -730,961Source |
| Cash flows from investing activities: | |||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -3,612,065Source | -63,868Source | -79,963Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 179,390Source | 103,868Source | 79,963Source |
| Cash flows from financing activities: | |||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 9,018,366Source | 4,049,206Source | 1,743,893Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 109,825Source | 548,331Source | 933,469Source |
| Supplemental disclosure of cash flow information: | |||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 83,763Source | 0Source | 0Source |
| Additional Financial Items | |||
| DepreciationUSD | 396,328Source | 96,922Source | 86,501Source |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | 0Source | -10,690Source | 0Source |
| General and Administrative ExpenseUSD | 5,636,166Source | 2,639,285Source | 981,676Source |
| GoodwillUSD | 2,585,473Source | — | — |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | -13,442,221Source | -7,134,957Source | -1,870,675Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | -7,003,834Source | -1,856,425Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | -7,003,834Source | -2,613,904Source |
| Operating ExpensesUSD | 12,026,404Source | 7,323,268Source | 1,995,705Source |
| Other Nonoperating Income (Expense)USD | 69,979Source | -3,470Source | -1,666Source |
| Proceeds from Issuance of Common StockUSD | 7,244,999Source | 6,416,000Source | 1,300,000Source |
income statement · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Total RevenueUSD | 4,045,637Source | 3,967,340Source | 1,187,273Source |
| Cost of RevenueUSD | 5,050,570Source | 3,724,498Source | 850,901Source |
| Operating Income (Loss)USD | -13,242,237Source | -7,084,222Source | -1,659,333Source |
| Other Nonoperating Income (Expense)USD | 69,979Source | -3,470Source | -1,666Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -13,442,221Source | -7,134,957Source | -1,870,675Source |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | -7,003,834Source | -1,856,425Source |
| Net Income (Loss) Attributable to ParentUSD | -13,442,221Source | -7,134,957Source | -1,870,675Source |
| Additional Financial Items | |||
| Current Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 398,989Source | 96,922Source | 86,501Source |
| General and Administrative ExpenseUSD | 5,636,166Source | 2,639,285Source | 981,676Source |
| Gross ProfitUSD | -1,215,833Source | 239,046Source | 336,372Source |
| Interest ExpenseUSD | 269,963Source | 47,265Source | 209,676Source |
| Marketing and Advertising ExpenseUSD | 1,418,397Source | 884,956Source | 542,680Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | -7,003,834Source | -2,613,904Source |
| Operating ExpensesUSD | 12,026,404Source | 7,323,268Source | 1,995,705Source |
| Preferred Stock Dividends and Other AdjustmentsUSD | — | 0Source | 757,479Source |
| Research and Development ExpenseUSD | — | 0Source | 2,090Source |
| Selling and Marketing ExpenseUSD | 1,301,995Source | 858,296Source | 542,680Source |