YOLFTbeta
Reed's, Inc.

Reed's, Inc.

REED · AMEX · Consumer Defensive / Beverages - Non-Alcoholic

2.33USD+0.30 (+14.78%)

Price History

Full chart

Market Stats

Previous Close2.03
Open1.93
Day Range1.87 – 2.38
52-Week Range0.56 – 12.00
Volume76.10K
Market Cap7.40M
P/E (TTM)0.00
Forward P/E20.75
EPS-1.76
Dividend Yield0.00%
Beta0.31
50-Day Avg0.88
200-Day Avg2.13

About

Reed's, Inc. engages in the manufacture and distribution of natural beverages in the United States and the Asia-Pacific region. The company offers reed's craft ginger beer; reed's real ginger ales; reed's ready to drink; reed's functional soda; flying cauldron soda; and virgil's handcrafted sodas. It 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, as well as directly to consumers through its website, Amazon, and third party e-commerce retailers; and Reed's and Virgil's brand names. 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.

Company Details

  • SectorConsumer Defensive
  • IndustryBeverages - Non-Alcoholic
  • CEOMr. Yumin Dai
  • Employees44
  • Headquarters501 Merritt 7 Corporate Park, Norwalk, CT, United States, 06851, USA
  • Websitehttps://drinkreeds.com

Leadership

  • Mr. Douglas Walter McCurdyCFO & Secretary · b. 1966
  • Mr. Rudolf Johannes Maria BakkerFractional Chief Marketing Officer & Director · b. 1980
  • Mr. Yumin DaiChief Executive Officer of Reed's (Asia) Limited (BVI) · b. 1961
  • Mr. Neal M. CohaneInterim CEO & Director · b. 1960
  • Mr. Damian WarshallChief Operating Officer
  • Ms. Kristen WallaceVice President of Human Resources
  • Mr. Keith William JohnsonChief Go-To-Market & Customer Officer
  • Ms. Erika WiduryChief Executive Officer of Aisa
  • Mr. Salvatore VassalloVice President of Operations

Financials

Income Statement

Currency: USD2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue6.78M8.98M9.47M10.48M13.06M15.28M15.18M20.38M25.01M30.01M37.28M43.42M45.95M42.47M37.71M38.10M33.82M41.62M49.60M53.04M44.71M37.95M34.06M
Growth (%)-+32.39%+5.48%+10.71%+24.56%+16.99%-0.65%+34.25%+22.76%+19.97%+24.24%+16.47%+5.82%-7.57%-11.20%+1.03%-11.24%+23.05%+19.19%+6.94%-15.70%-15.11%-10.25%
Cost of Revenue5.46M7.10M7.75M8.43M11.04M11.89M11.57M16.04M17.61M20.86M26.49M30.42M34.34M33.49M30.82M27.42M25.94M28.85M36.00M40.93M35.00M26.58M27.10M
Gross Profit1.32M1.88M1.72M2.06M2.02M3.39M3.61M4.33M7.41M9.14M10.79M13.01M11.61M8.98M6.89M10.68M7.88M12.77M13.60M12.11M9.71M11.38M6.96M
Gross Margin19.46%20.89%18.21%19.63%15.46%22.16%23.80%21.28%29.60%30.47%28.95%29.95%25.26%21.15%18.28%28.02%23.29%30.68%27.42%22.84%21.72%29.97%20.44%
Operating Expense1.42M1.95M2.24M3.86M7.51M6.96M5.68M5.06M7.66M9.01M11.66M12.96M14.34M12.04M18.64M18.80M22.78M21.38M29.57M26.95M19.13M19.49M22.11M
Operating Income-96.95K-71.34K-516.45K-1.81M-5.49M-3.57M-2.07M-724.00K-250.00K136.00K-869.00K41.00K-2.73M-3.05M-11.75M-8.12M-14.90M-8.62M-15.97M-14.83M-9.42M-8.12M-15.15M
Operating Margin-1.43%-0.79%-5.45%-17.23%-42.03%-23.38%-13.66%-3.55%-1.00%0.45%-2.33%0.09%-5.94%-7.19%-31.15%-21.32%-44.06%-20.70%-32.20%-27.97%-21.06%-21.38%-44.47%
EBITDA23.00K25.99K-397.93K-1.64M-5.28M-3.22M-963.00K-108.00K403.00K874.00K-319.00K796.00K-1.80M-2.64M-11.55M-8.02M-14.67M-8.67M-14.96M-14.61M-9.28M-7.38M-14.57M
EBITDA Margin0.34%0.29%-4.20%-15.67%-40.46%-21.05%-6.34%-0.53%1.61%2.91%-0.86%1.83%-3.91%-6.21%-30.64%-21.04%-43.39%-20.82%-30.16%-27.54%-20.74%-19.44%-42.78%
Net Income-774.37K-479.37K-825.96K-2.21M-5.55M-3.81M-2.56M-1.31M-941.00K-524.00K-1.52M-754.00K-3.96M-5.01M-18.37M-10.32M-17.40M-10.18M-16.40M-20.06M-15.52M-13.15M-15.85M
Net Income Margin-11.42%-5.34%-8.72%-21.11%-42.51%-24.97%-16.86%-6.43%-3.76%-1.75%-4.08%-1.74%-8.62%-11.79%-48.72%-27.10%-51.44%-24.46%-33.07%-37.81%-34.72%-34.65%-46.52%
R&D--------00000000-------
R&D as % of Total Revenue--------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense250.74K0309.50K414.79K182.40K244.00K486.00K586.00K691.00K660.00K651.00K793.00K1.23M1.72M6.62M2.20M1.29M1.31M1.20M5.22M6.11M5.48M1.11M
Interest Expense % of Total Revenue3.70%0.00%3.27%3.96%1.40%1.60%3.20%2.88%2.76%2.20%1.75%1.83%2.68%4.06%17.56%5.78%3.80%3.14%2.42%9.85%13.66%14.44%3.25%

Balance Sheet

Currency: USD2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets4.53M5.10M4.91M8.71M10.09M9.10M9.97M11.88M13.36M13.84M14.75M17.10M19.85M18.85M24.48M12.49M15.99M20.06M26.32M25.49M18.88M25.14M23.34M
Total Liabilities3.78M4.13M4.76M4.09M2.85M5.14M5.59M7.73M9.05M9.74M11.36M13.45M19.07M20.51M23.97M19.23M14.85M9.65M22.12M33.96M38.06M18.49M14.19M
Total Equity759.51K969.70K149.00K4.62M7.24M3.96M4.38M4.14M4.30M4.10M3.39M3.65M785.00K-1.66M508.00K-6.74M1.15M10.40M4.20M-8.47M-19.18M6.65M9.15M
Cash12.93K42.49K27.74K1.64M742.72K229.00K1.31M1.08M713.00K1.16M1.10M959.00K1.82M451.00K12.13M624.00K913.00K595.00K49.00K533.00K603.00K10.39M10.42M
Total Debt2.43M2.55M2.93M2.25M793.08K3.12M4.06M4.62M6.35M6.06M7.61M7.42M11.44M13.43M15.84M11.99M8.65M1.46M10.78M21.89M27.58M10.41M10.03M
Net Debt2.42M2.51M2.90M609.83K50.37K2.89M2.75M3.53M3.39M4.90M6.51M6.46M9.62M12.98M3.72M11.37M7.74M860.00K10.73M21.36M26.97M17.00K-399.00K

Cash Flow

Currency: USD2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-282.11K-176.02K-42.61K-3.00M-5.81M-2.47M-1.32M-811.00K-2.26M1.18M-1.19M1.02M-1.35M-2.53M-3.42M-9.26M-18.16M-9.50M-17.59M-15.43M-4.27M-6.12M-17.04M
Investing Cash Flow-148.25K-248.19K--1.65M-2.95M-191.00K-356.00K-383.00K-356.00K-507.00K-602.00K-330.00K-532.00K-410.00K-813.00K942.00K-277.00K-161.00K-335.00K-2.00K-20.00K-167.00K-253.00K
Financing Cash Flow418.56K453.76K242.53K6.26M7.86M2.15M2.75M972.00K2.25M-220.00K1.74M-831.00K2.74M1.58M15.91M-3.19M18.73M9.34M17.38M15.92M4.36M16.08M17.32M
Capital Expenditure148.25K204.15K181.65K64.92K2.65M191.00K356.00K383.00K356.00K507.00K602.00K330.00K532.00K410.00K813.00K159.00K322.00K161.00K335.00K2.00K88.00K152.00K278.00K
Free Cash Flow-430.37K-380.17K-224.26K-3.07M-8.46M-2.66M-1.67M-1.19M-2.62M670.00K-1.79M686.00K-1.88M-2.94M-4.24M-9.42M-18.48M-9.66M-17.92M-15.44M-4.35M-6.28M-17.32M
Dividends Paid----29.47K---0000000--5.00K66.27M--5.00K-
FCF to OCF152.55%215.98%526.32%102.16%145.65%107.74%127.03%147.23%115.72%56.92%150.46%67.52%139.47%116.19%123.76%101.72%101.77%101.70%101.90%100.01%102.06%102.48%101.63%
Dividend Paid to FCF-----0.35%---0.00%0.00%0.00%0.00%0.00%0.00%0.00%---0.05%-369.71%---0.08%-

Earnings

Report DateMay 17, 2007Aug 20, 2007Nov 14, 2007May 21, 2008Aug 20, 2008Nov 11, 2008Mar 27, 2009May 13, 2009Aug 14, 2009Nov 16, 2009May 11, 2010Aug 11, 2010Nov 9, 2010Mar 22, 2011May 16, 2011Aug 11, 2011Nov 15, 2011Mar 26, 2012May 14, 2012Aug 13, 2012Nov 14, 2012Mar 25, 2013May 14, 2013Aug 14, 2013Nov 14, 2013Mar 25, 2014May 14, 2014Aug 12, 2014Nov 13, 2014Mar 26, 2015May 11, 2015Aug 13, 2015Nov 12, 2015Mar 23, 2016May 11, 2016Aug 4, 2016Oct 13, 2016Mar 22, 2017May 15, 2017Aug 14, 2017Nov 13, 2017Mar 28, 2018May 14, 2018Aug 13, 2018Nov 13, 2018Mar 28, 2019May 14, 2019Aug 13, 2019Nov 13, 2019Mar 12, 2020May 11, 2020Aug 10, 2020Nov 9, 2020Mar 30, 2021May 17, 2021Aug 12, 2021Nov 9, 2021Mar 31, 2022May 16, 2022Aug 11, 2022Nov 10, 2022Mar 29, 2023Jun 1, 2023Aug 10, 2023Nov 9, 2023Mar 28, 2024May 14, 2024Aug 13, 2024Nov 14, 2024Mar 26, 2025May 13, 2025Aug 14, 2025Nov 3, 2025Mar 24, 2026May 13, 2026Aug 11, 2026Nov 10, 2026
EPS Estimate-27.00-18.00-27.00-39.00-42.00-9.00-2.00-6.009.00------------3.00-0.506.002.000.02-6.002.006.75-0.33-6.002.2515.00-1.00-15.00-2.50-12.00-0.01-36.00-24.00-18.00-6.00-15.00-16.50-21.00-4.50-24.75-29.00-28.50-22.50-3.00-12.00-9.00-2.00-9.00-9.00-9.00-2.25-13.50-12.00-7.50-7.68-1.02-7.92-2.40-0.31-2.34-0.90-1.20-0.11-0.18-0.04-0.18-0.36-0.30-0.41-
EPS Actual-21.00-30.00-54.00-69.00-18.00-6.00-6.00-18.00-9.00-13.09-8.33-5.87-11.94-14.73-10.62-2.44-5.12-9.93-3.6510.580.34-24.00-1.50-2.070.81-2.50-6.0015.000.00-4.50-6.00-2.50-57.00-2.00-36.00-3.00-6.00-0.18-42.003.00-72.18-23.50-18.00-32.67-25.49-5.50-33.31-39.73-34.89-26.57-2.50-8.79-12.00-2.00-14.40-12.93-12.00-2.50-15.00-15.00-9.00-14.94-1.70-5.94-2.04-1.25-2.36-1.85-4.92-0.15-0.27-0.13-0.52-0.44-0.55-0.36-
Surprise22.22%-66.67%-100.00%-76.92%57.14%33.33%-200.00%-200.00%-200.00%-------------900.00%-200.00%-134.50%-59.50%-12600.00%0.00%650.00%-99.95%-1263.64%0.00%-211.11%-480.00%-100.00%-140.00%-20.00%50.00%-1700.00%-16.67%112.50%-301.00%-291.67%-20.00%-98.00%-21.38%-22.22%-34.59%-37.00%-22.42%-18.09%16.67%26.75%-33.33%0.00%-60.00%-43.67%-33.33%-11.11%-11.11%-25.00%-20.00%-94.53%-66.67%25.00%15.00%-303.23%-0.85%-105.56%-310.00%-33.73%-50.00%-225.00%-188.89%-22.22%-82.30%12.20%-
TimingPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-market-After-hoursAfter-hours------------After-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hours-

Key Statistics & Ratios

Market Cap7.40M
Enterprise Value15.17M
Trailing P/E0.00
Forward P/E20.75
PEG Ratio-0.34
Price / Sales0.25
Price / Book4.29
EPS-1.76
Book Value-0.133
Revenue (TTM)29.14M
Gross Profit (TTM)7.25M
EBITDA-15.76M
Profit Margin-63.48%
Operating Margin-54.27%
Return on Equity-14800.00%
Return on Assets-50.69%
Shares Outstanding11.82M
Shares Float3.69M
Beta0.31
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 1 analystsTarget 4.75
  • Buy
    1

Ownership Breakdown

Institutions
7.69%
Insiders
54.08%
Retail / Other
38.23%

Top Institutional Holders

  • Armistice Capital, LLC
    549.00K4.63%
  • Vanguard Capital Management, LLC
    82.23K0.69%
  • Geode Capital Management, LLC
    58.35K0.49%
  • Vanguard Fiduciary Trust Co
    39.91K0.34%
  • HRT FINANCIAL LLC
    10.65K0.09%
  • Advisor Group Holdings, Inc.
    6.02K0.05%
  • Morgan Stanley - Brokerage Accounts
    2.51K0.02%
  • UBS Group AG
    2.48K0.02%
  • JONES FINANCIAL COMPANIES LLLP
    5400.00%
  • Wall Street Access Asset Management, LLC
    2320.00%
  • Group One Trading, LLC
    500.00%
  • Northwestern Mutual Wealth Management Co
    170.00%
  • Pacific Center For Financial Services
    160.00%
  • Bfsg, LLC
    30.00%
  • Steward Partners Investment Advisory, LLC
    30.00%

Top Fund Holders

  • Fidelity Extended Market Index
    36.86K0.31%
  • iShares Micro-Cap ETF
    17.23K0.15%
  • Fidelity Series Total Market Index
    6.64K0.06%
  • Fidelity Total Market Index
    3.08K0.03%
  • 1290 VT Micro Cap K
    1.53K0.01%

Stock Splits

  • Nov 3, 20251:6
  • Jan 27, 20231:50