<span item_type="fundamental" item_id="af86b66dbcfbdaf4e04db37d91cd7f42" counter_id="ST/US/OWPC" env="prod"></span><span item_type="announcement" item_id="523198439277461633" env="prod"></span><p>Revenue: As of FY2024, the actual value is USD 4.863 K.</p><p>EPS: As of FY2024, the actual value is USD -0.04.</p><p>EBIT: As of FY2024, the actual value is USD -1.872 M.</p><p></p><h3>Segment Revenue</h3><ul><li>Revenue for the year ended December 31, 2024 was $4,863, compared to $7,589 during the year ended December 31, 2023, a decrease of $2,726, or 36%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1622244/000164117225013341/form10-k.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>Net loss for the year ended December 31, 2024 was $3,935,012, compared to $3,953,321 during the year ended December 31, 2023, a decrease of $18,309.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1622244/000164117225013341/form10-k.htm"></span></li><li>Gross profit for the year ended December 31, 2024 was $3,915, compared to a gross loss of $165,533 during the year ended December 31, 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1622244/000164117225013341/form10-k.htm"></span></li><li>Operating loss for the year ended December 31, 2024 was $1,871,994, compared to $2,080,871 during the year ended December 31, 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1622244/000164117225013341/form10-k.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Net cash used in operating activities for the year ended December 31, 2024 was $1,121,637, compared to $1,194,131 for the year ended December 31, 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1622244/000164117225013341/form10-k.htm"></span></li><li>Net cash used in investing activities for the year ended December 31, 2024 was $75,000, compared to $5,046 for the year ended December 31, 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1622244/000164117225013341/form10-k.htm"></span></li><li>Net cash provided by financing activities for the year ended December 31, 2024 was $1,280,695, compared to $1,059,500 for the year ended December 31, 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1622244/000164117225013341/form10-k.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>The Company recognized a loss on investment of $245,272 for the year ended December 31, 2024, related to the bankruptcy proceedings of its foreign subsidiaries.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1622244/000164117225013341/form10-k.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>The Company is actively seeking to raise capital and further research and development in sustainable industrial hemp solutions for the automotive market.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1622244/000164117225013341/form10-k.htm"></span></li><li>The Company does not currently have sufficient funds to fund its operations at their current levels for the next twelve months and is seeking additional financing.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1622244/000164117225013341/form10-k.htm"></span></li><li>The Company intends to focus increased efforts on research and development in industrial hemp solutions to help the automotive industry meet its goals of achieving carbon neutral manufacturing using renewable material solutions.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1622244/000164117225013341/form10-k.htm"></span></li></ul>

One World Products, Inc. | 10-K: FY2024 Revenue: USD 4.863 K