See more : Global Link Communications Holdings Limited (8060.HK) 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.
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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 |
Reeds (REED) Reports Q1 Loss, Lags Revenue Estimates
Reeds (REED) delivered earnings and revenue surprises of -25% and 11.08%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Reeds (REED) May Report Negative Earnings: Know the Trend Ahead of Next Week's 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 Schedules First Quarter 2022 Conference Call for May 16, 2022 at 5:00 p.m. ET
NORWALK, Conn., May 04, 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, will host a conference call on Monday, May 16, 2022 at 5:00 p.m....
Reed's, Inc. (REED) CEO Norman Snyder on Q4 2021 Results - Earnings Call Transcript
Reed's, Inc. (REED) CEO Norman Snyder on Q4 2021 Results - Earnings Call Transcript
Reed Stock Slides After Hours As Q4 Results Miss Expectations
Reed's, Inc. (NASDAQ: REED) reported fourth-quarter revenue growth of 20% year-over-year to $12.8 million, missing the consensus of $13.02 million. The increase was attributed to solid demand across Reed's portfolio of products, particularly Reed's Ginger Ale, Ginger Beer,.
Reed's Schedules Fourth Quarter and Full Year 2021 Conference Call for March 31, 2022 at 5:00 p.m. ET
NORWALK, Conn., March 24, 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, will host a conference call on Thursday, March 31, 2022 at 5:00 p.m....
Reed's Launches Real Cranberry Ginger Ale At Costco
Reed's Inc (NASDAQ: REED) has launched REAL Cranberry Ginger Ale, an exclusive variety for Costco Wholesale Corp (NASDAQ: COST) members in the Northwest region. The non-alcoholic sparkling beverage contains organic pressed ginger, sweetened with cane sugar.
Reed's (REED) CEO Norman Snyder on Q3 2021 Results - Earnings Call Transcript
Reed's (REED) CEO Norman Snyder on Q3 2021 Results - Earnings Call Transcript
Flying Cauldron® Named Official Drink of The Wizard Run®
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