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Vinco Ventures Inc. is a U.S.-based company operating in the consumer discretionary sector, with a specific focus on the leisure products industry.
Founded with the objective of capitalizing on opportunities in the entertainment and leisure market, Vinco Ventures expanded its footprint through acquisitions and investments in digital platforms and emerging technologies.
The company develops and markets products and services aimed at entertainment and leisure, including digital solutions and content platforms.
One of its most widely recognized subsidiaries is Lomotif, a short-form video sharing platform that competes in a market dominated by players such as TikTok. Another relevant subsidiary is Cryptyde, which focuses on blockchain technologies and digital assets, thereby diversifying the company’s portfolio and positioning it to capture emerging technology trends.
Vinco Ventures operates primarily in the United States, while also pursuing opportunities in international markets, particularly in regions such as Canada and Mexico, where demand for leisure and entertainment products has been expanding.
With a lean operating structure, the company employs 17 people and does not disclose specific figures regarding its customer base or the number of operating locations.
Its operating structure is centralized, with a focus on digital operations and strategic partnerships. The company does not maintain physical manufacturing facilities, relying instead on specialized divisions dedicated to product development, marketing, and market expansion.
Vinco Ventures’ common stock is traded on the Nasdaq under the ticker symbol BBIG.
History and foundation
Vinco Ventures Inc. was founded in 2017 in the United States with the objective of operating in the consumer discretionary sector, particularly within the leisure products industry.
The company gained increased visibility starting in 2020, when it began to expand its operations through strategic acquisitions, including the acquisition of Lomotif, a short-form video platform.
In its early years, the company faced challenges such as competition from established players and the need to build a sustainable customer base.
Despite these challenges, it gained traction by offering products tailored to market demand and by maintaining its listing on the Nasdaq, which provided market visibility and access to capital, alongside continued strategic acquisitions.
Between 2020 and 2024, Vinco Ventures continued to pursue growth opportunities, implementing adjustments to its shareholder structure and investing in innovative projects.
Additional Information
The Company Vinco Ventures Inc. (United States), is listed on Nasdaq with a market value of $ 1.19 Million, having an equity of $ 123.36 Millions.
With a total of 17 employees, the company is listed in the sector of Consumer Discretionary Products and categorized in industry of Leisure Products.
In the last 12 months the Company had a revenue of $ 20.53 Millions, which generated a loss in the amount of $ 197.80 Millions.
As for its main indicators, the Company has a P/E ratio of 0.01, a P/BV ratio of 0.01 and in the last 12 months the Company did not pay dividends.
The Company is traded internationally through the ticker BBIG.
