22nd Century Group, Inc
XXII Consumer Defensive Tobacco
22nd Century Group, Inc’s revenue for fiscal 2025 (year ended December 2025) was $17.6 million, down 27.9% from fiscal 2024. In the quarter to June 2026, revenue fell 29.9%, EPS grew 97.5%, free cash flow fell 57.4% and total debt fell 88.6%, each against the same quarter a year earlier.
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22nd Century Group, Inc (XXII) Piotroski F-score
22nd Century Group, Inc's Piotroski F-score for fiscal 2025 cannot be worked out: shares outstanding not reported.
Piotroski F-score, annual
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Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2022 | 2 | (1.00) |
| FY2021 | 3 | (2.00) |
| FY2020 | 5 | 2.00 |
| FY2019 | 3 | 0.00 |
| FY2018 | 3 | (1.00) |
| FY2017 | 4 | (2.00) |
| FY2016 | 6 | — |
How fiscal 2025’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | (39.97%) | (103.57%) | Fail | 0 |
| Positive operating cash flow | (7.72m) | (14.34m) | Fail | 0 |
| Rising return on assets | (39.97%) | (103.57%) | Pass | 1 |
| Cash flow above net income | 2.01m | 11.12m | Pass | 1 |
| Falling long-term leverage | 0.02 | 0.21 | Pass | 1 |
| Rising current ratio | 2.42 | 1.16 | Pass | 1 |
| No new shares issued | 9,200 | — | n/a | — |
| Rising gross margin | (17.84%) | (9.84%) | Fail | 0 |
| Rising asset turnover | 0.72 | 0.99 | Fail | 0 |
| Piotroski F-score | n/a — shares outstanding not reported | — | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
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|---|---|
| TPB Turning Point Brands, Inc. compare | 7 |
| MO Altria Group, Inc. compare | 7 |
| RLX RLX Technology Inc. Sponsored ADR compare | 7 |
| UVV Universal Corporation compare | 5 |
| ISPR Ispire Technology Inc. compare | 4 |
| GNLN Greenlane Holdings, Inc. compare | 3 |
| AIIR Air Global PLC compare | — |
| RYM RYTHM, Inc. compare | — |
| XXII 22nd Century Group, Inc | — |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover