Splash Beverage Group ( (SBEV) ) has released a notification of late filing.
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Splash Beverage Group has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending March 31, 2025. The primary reason for the delay is the need for additional time to complete its financial statements, which could not be achieved without unreasonable effort or expense. The company anticipates filing the report within five calendar days following the original due date. Importantly, Splash Beverage Group does not expect any significant changes in its financial results compared to the previous year. The company remains committed to compliance, as indicated by CEO Robert Nistico’s signature on the notification.
The most recent analyst rating on (SBEV) stock is a Buy with a $1.00 price target. To see the full list of analyst forecasts on Splash Beverage Group stock, see the SBEV Stock Forecast page.
Spark’s Take on SBEV Stock
According to Spark, TipRanks’ AI Analyst, SBEV is a Neutral.
Splash Beverage Group’s overall score is weighed down by significant financial struggles, reflected in negative profitability and cash flow issues. While there are positive signs in technical analysis and potential strategic improvements mentioned in the earnings call, these are overshadowed by ongoing liquidity challenges and legal hurdles.
To see Spark’s full report on SBEV stock, click here.
More about Splash Beverage Group
Average Trading Volume: 2,198,566
Technical Sentiment Signal: Sell
Current Market Cap: $8.48M
For detailed information about SBEV stock, go to TipRanks’ Stock Analysis page.