See more : FutureNet, Inc. (FUUN) Income Statement Analysis – Financial Results
Complete financial analysis of Reed’s, Inc. (REED) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Reed’s, Inc., a leading company in the Beverages – Non-Alcoholic industry within the Consumer Defensive sector.
You may be interested
- Totetsu Kogyo Co., Ltd. (1835.T) Income Statement Analysis – Financial Results
- Invercap S.A. (INVERCAP.SN) Income Statement Analysis – Financial Results
- Solar Energy Initiatives, Inc. (SNRY) Income Statement Analysis – Financial Results
- Dye & Durham Limited (DYNDF) Income Statement Analysis – Financial Results
- Gexeed Co., Ltd. (3719.T) Income Statement Analysis – Financial Results
Reed's, Inc. (REED)
About Reed's, Inc.
Reed's, Inc. engages in the manufacture and distribution of natural hand-crafted beverages in the craft specialty foods industry in the United States, Canada, Asia, Europe, Australia, and South America. It offers Reed's craft ginger beers; Reed's real ginger ales; Reed's ready to drink products; Virgil's handcrafted sodas; ginger candy; and other ginger beverages under the Reed's brand. Reed's, Inc. sells its products to natural food and gourmet retailers, grocery store chains, mass merchants, club stores, convenience and drug stores, liquor stores, industrial cafeterias, and on-premise bars and restaurants through distributors and independent distributor partners, as well as direct to store distribution. It also exports its products to France, the United Kingdom, South Africa, the Caribbean, Canada, Spain, the Philippines, Israel, Australia, Asia, rest of Europe, and South America. The company was formerly known as Original Beverage Corporation and changed its name to Reed's, Inc. in 2001. Reed's, Inc. was founded in 1987 and is headquartered in Norwalk, Connecticut.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 44.71M | 53.04M | 49.60M | 41.62M | 33.82M | 38.10M | 37.71M | 42.47M | 45.95M | 43.42M | 37.28M | 30.01M | 25.01M | 20.38M | 15.18M | 15.28M | 13.06M | 10.48M | 9.47M | 8.98M | 6.78M |
| Cost of Revenue | 35.00M | 40.93M | 36.00M | 28.85M | 25.94M | 27.42M | 30.82M | 33.49M | 34.34M | 30.42M | 26.49M | 20.86M | 17.61M | 16.04M | 11.57M | 11.89M | 11.04M | 8.43M | 7.75M | 7.10M | 5.46M |
| Gross Profit | 9.71M | 12.11M | 13.60M | 12.77M | 7.88M | 10.68M | 6.89M | 8.98M | 11.61M | 13.01M | 10.79M | 9.14M | 7.41M | 4.34M | 3.61M | 3.39M | 2.02M | 2.06M | 1.72M | 1.88M | 1.32M |
| Gross Profit Ratio | 21.72% | 22.84% | 27.42% | 30.68% | 23.29% | 28.02% | 18.28% | 21.15% | 25.26% | 29.95% | 28.95% | 30.47% | 29.60% | 21.28% | 23.80% | 22.16% | 15.46% | 19.63% | 18.21% | 20.89% | 19.46% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 6.12M | 7.19M | 7.97M | 7.02M | 7.60M | 8.38M | 5.75M | 4.21M | 4.37M | 3.65M | 3.51M | 3.23M | 5.19M | 2.74M | 2.63M | 3.14M | 7.21M | 3.86M | 2.24M | 1.95M | 0.00 |
| Selling & Marketing | 12.43M | 18.92M | 21.60M | 14.36M | 15.18M | 10.37M | 6.96M | 7.60M | 9.97M | 9.32M | 8.16M | 5.78M | 2.47M | 2.32M | 2.41M | 3.82M | 4.59M | 1.35M | 1.12M | 0.00 | 0.00 |
| SG&A | 18.54M | 26.11M | 29.57M | 21.38M | 22.78M | 18.75M | 12.72M | 11.81M | 14.34M | 12.97M | 11.66M | 9.01M | 7.66M | 5.06M | 5.04M | 6.96M | 7.21M | 3.86M | 2.24M | 1.95M | 1.42M |
| Other Expenses | 585.00K | 12.14M | 11.94M | 6.86M | 5.95M | 5.54M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 300.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 19.13M | 26.11M | 29.57M | 21.38M | 22.78M | 18.75M | 12.72M | 11.81M | 14.34M | 12.97M | 11.66M | 9.01M | 7.66M | 5.06M | 5.04M | 6.96M | 7.51M | 3.86M | 2.24M | 1.95M | 1.42M |
| Cost & Expenses | 54.13M | 67.04M | 65.57M | 50.23M | 48.72M | 46.18M | 43.54M | 45.30M | 48.68M | 43.38M | 38.15M | 29.87M | 25.26M | 21.10M | 16.61M | 18.85M | 18.55M | 12.29M | 9.99M | 9.05M | 6.88M |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00K | 0.00 | 7.77K | 0.00 | 0.00 | 0.00 |
| Interest Expense | 6.11M | 5.22M | 1.20M | 1.31M | 1.29M | 2.20M | 6.62M | 1.72M | 1.23M | 793.00K | 651.00K | 660.00K | 691.00K | 586.00K | 486.00K | 244.00K | 0.00 | 414.79K | 309.50K | 0.00 | 250.74K |
| Depreciation & Amortization | 142.00K | 225.00K | 243.00K | 204.00K | 152.00K | 108.00K | 551.00K | 647.00K | 933.00K | 755.00K | 550.00K | 738.00K | 653.00K | 616.00K | 469.00K | 355.00K | 205.26K | 155.86K | 118.52K | 97.33K | 124.20K |
| EBITDA | -9.28M | -14.73M | -14.96M | -8.67M | -14.67M | -8.02M | -11.56M | -2.64M | -1.80M | 796.00K | -319.00K | 874.00K | 403.00K | -108.00K | -963.00K | -3.22M | -5.28M | -1.64M | -397.93K | 25.99K | 23.00K |
| EBITDA Ratio | -20.74% | -26.18% | -31.91% | -20.21% | -43.61% | -20.90% | -13.98% | -5.15% | -3.91% | 1.83% | -0.86% | 2.91% | 1.61% | -0.53% | -2.12% | -21.05% | -38.16% | -15.74% | -4.20% | 1.99% | 6.69% |
| Operating Income | -9.42M | -14.00M | -15.97M | -8.62M | -14.90M | -8.12M | -11.75M | -3.05M | -2.73M | 41.00K | -869.00K | 136.00K | -250.00K | -724.00K | -2.07M | -3.57M | -5.49M | -1.81M | -516.45K | -71.34K | -96.95K |
| Operating Income Ratio | -21.06% | -26.39% | -32.20% | -20.70% | -44.06% | -21.32% | -31.15% | -7.19% | -5.94% | 0.09% | -2.33% | 0.45% | -1.00% | -3.55% | -13.66% | -23.38% | -42.03% | -17.23% | -5.45% | -0.79% | -1.43% |
| Total Other Income/Expenses | -6.11M | -5.22M | -431.00K | -1.56M | -1.26M | -2.20M | -6.62M | -2.21M | -1.23M | -793.00K | -651.00K | -660.00K | -691.00K | -586.00K | -641.00K | -243.00K | -62.34K | -436.49K | -338.97K | -153.00K | -429.05K |
| Income Before Tax | -15.52M | -19.22M | -16.40M | -10.18M | -16.11M | -10.33M | -18.37M | -5.01M | -3.96M | -752.00K | -1.52M | -524.00K | -941.00K | -1.31M | -2.71M | 0.00 | -5.58M | -2.24M | -855.43K | -224.34K | -523.63K |
| Income Before Tax Ratio | -34.72% | -36.23% | -33.07% | -24.46% | -47.64% | -27.10% | -48.72% | -11.79% | -8.62% | -1.73% | -4.08% | -1.75% | -3.76% | -6.43% | -17.88% | 0.00% | -42.72% | -21.39% | -9.03% | -2.50% | -7.72% |
| Income Tax Expense | 0.00 | -108.00K | 1.20M | 1.31M | 1.29M | -2.00K | 6.62M | 1.72M | 0.00 | 2.00K | 0.00 | 0.00 | -1.08M | 0.00 | 1.13M | 243.00K | 62.34K | -29.47K | -29.47K | 408.03K | 677.42K |
| Net Income | -15.52M | -19.11M | -17.60M | -11.48M | -17.40M | -10.33M | -18.37M | -5.01M | -3.96M | -754.00K | -1.52M | -524.00K | -941.00K | -1.31M | -2.56M | -3.81M | -5.55M | -2.21M | -825.96K | -479.37K | -774.37K |
| Net Income Ratio | -34.72% | -36.03% | -35.49% | -27.60% | -51.44% | -27.10% | -48.72% | -11.79% | -8.62% | -1.74% | -4.08% | -1.75% | -3.76% | -6.43% | -16.86% | -24.97% | -42.51% | -21.11% | -8.72% | -5.34% | -11.42% |
| EPS | -4.39 | -9.46 | -9.65 | -9.47 | -24.81 | -20.36 | -62.17 | -18.39 | -14.47 | -2.78 | -5.82 | -2.22 | -4.19 | -6.18 | -13.30 | -20.62 | -33.29 | -19.25 | -8.12 | -4.87 | -7.87 |
| EPS Diluted | -4.39 | -9.46 | -9.65 | -9.47 | -24.81 | -20.36 | -62.17 | -18.39 | -14.47 | -2.78 | -5.82 | -2.22 | -4.19 | -6.18 | -13.30 | -20.62 | -33.29 | -19.25 | -7.53 | -4.87 | -7.87 |
| Weighted Avg Shares Out | 3.54M | 2.02M | 1.82M | 1.21M | 701.16K | 507.15K | 295.52K | 272.40K | 273.76K | 271.60K | 261.13K | 236.56K | 224.58K | 212.10K | 192.35K | 184.99K | 166.76K | 114.99K | 101.72K | 98.41K | 98.37K |
| Weighted Avg Shares Out (Dil) | 3.54M | 2.02M | 1.82M | 1.21M | 701.16K | 507.15K | 295.52K | 272.40K | 273.76K | 271.60K | 261.13K | 236.56K | 224.58K | 212.10K | 192.35K | 184.99K | 166.76K | 114.99K | 109.73K | 98.41K | 98.37K |
Reed's Schedules First Quarter 2023 Conference Call for June 1 at 8:30 a.m. ET
NORWALK, Conn., May 22, 2023 (GLOBE NEWSWIRE) -- Reed's, Inc. (OTCQX: REED) (“Reed's” or the “Company”), owner of the nation's leading portfolio of handcrafted, natural ginger beverages, will host a conference call on Thursday, June 1, 2023 at 8:30 a.m....
Reed's, Inc. (REED) Q4 2022 Earnings Call Transcript
Reed's, Inc. (OTCQX:REED) Q4 2022 Earnings Conference Call March 29, 2023 5:00 PM ET Company Participants Norman Snyder - Chief Executive Officer Thomas Spisak - Chief Financial Officer Conference Call Participants Gary Getz - Private Investor Operator Good afternoon, and...
Reeds (REED) Reports Q4 Loss, Lags Revenue Estimates
Reeds (REED) delivered earnings and revenue surprises of -94.53% and 0.40%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Reeds (REED) May Report Negative Earnings: Know the Trend Ahead of Q4 Release
Reeds (REED) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Reed's, Inc. (REED) Q3 2022 Earnings Call Transcript
Reed's, Inc. (NASDAQ:REED ) Q3 2022 Earnings Conference Call November 10, 2022 5:00 PM ET Company Participants Norman Snyder - Chief Executive Officer Thomas Spisak - Chief Financial Officer Conference Call Participants Jeremy Pearlman - Maxim Group, LLC Sean McGowan...
Reeds (REED) Reports Q3 Loss, Lags Revenue Estimates
Reeds (REED) delivered earnings and revenue surprises of -50% and 30.49%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Reed's, Inc. (REED) CEO Norman Snyder on Q2 2022 Results - Earnings Call Transcript
Reed's, Inc. (NASDAQ:REED ) Q2 2022 Earnings Conference Call August 11, 2022 5:00 PM ET Company Participants Norman Snyder - Chief Executive Officer Tom Spisak - Chief Financial Officer. Conference Call Participants Sean McGowan - ROTH Capital Partners Anthony Vendetti...
Reeds (REED) Reports Q2 Loss, Lags Revenue Estimates
Reeds (REED) delivered earnings and revenue surprises of -66.67% and 4.95%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Reed's to Virtually Participate at the Lytham Partners Summer 2022 Investor Conference on June 22
NORWALK, Conn., June 14, 2022 (GLOBE NEWSWIRE) -- Reed's, Inc. (NASDAQ: REED) (“Reed's” or the “Company”), owner of the nation's leading portfolio of handcrafted, all-natural ginger beverages, today announced that its management team will virtually participate in the Lytham Partners...
Reed's (REED) CEO Norman Snyder on Q1 2022 Results - Earnings Call Transcript
Reed's, Inc. (NASDAQ:REED ) Q1 2022 Earnings Conference Call May 16, 2022 5:00 PM ET Company Participants Norman Snyder – Chief Executive Officer Tom Spisak – Chief Financial Officer Conference Call Participants Sean McGowan – ROTH Capital Partners Anthony Vendetti...
Source: https://incomestatements.info
Category: Stock Reports