Distil plc (DIS) AI Stock Analysis

• Market Cap: £2.44M
• Dividend Yield: N/A
• Average Volume (3M): 18.84M
• Price to Earnings (P/E): ―
• Beta (1Y): -1.49
• Revenue Growth: -25.00%
• EPS Growth: 52.94%
• Country: UK
• Employees: 5
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Beverages - Wineries & Distilleries
• EPS (TTM): N/A
• Shares Outstanding: 2,033,799,800
• 10 Day Avg. Volume: 23,787,922
• 30 Day Avg. Volume: 18,835,910
• PEG Ratio: 0.02
• Price to Book (P/B): 0.14
• Price to Sales (P/S): 0.78
• P/FCF Ratio: -0.86
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 42 Neutral
• Price Target: 0.12p ▲(9.09% Upside)

The score is driven mainly by weak financial performance (multi-year losses and ongoing cash burn) and bearish technicals (price below key moving averages with negative MACD). Corporate updates provide some strategic positives and funding support, but they do not yet outweigh the current profitability and cash-flow risks; valuation is also constrained by loss-making results and no dividend.

Positive Factors

Strong Balance Sheet

A strong balance sheet with no debt provides financial stability and flexibility, allowing the company to invest in growth opportunities without the burden of interest payments.

Strategic Partnership

The partnership with AIKO Importers leverages their distribution network, providing immediate national reach in the U.S., a significant market, potentially boosting revenue.

Ardgowan Distillery Development

The transition to production at Ardgowan Distillery, supported by Distil's investment, enhances market position and offers potential new revenue streams from whisky production.

Negative Factors

Declining Revenue

Declining revenue growth reflects challenges in maintaining market share and consumer demand, potentially impacting long-term profitability and market position.

Negative Cash Flow

Negative cash flow highlights difficulties in converting sales into cash, which can strain operations and limit the ability to invest in growth or weather economic downturns.

Change in Voting Rights

Significant changes in voting rights can alter strategic decision-making dynamics, introducing uncertainty in company governance and potential shifts in strategic priorities.

Distil plc Business Overview & Revenue Model

Company Description

Distil Plc, together its subsidiaries, engages in the marketing and sale of spirits. The company offers its products under various brands, including RedLeg Spiced Rum, Blackwoods Vintage Gin, Blackwoods Vodka, Blavod Original Black Vodka, TRØVE Botanical Spirit, and Diva Vodka. It markets and sells its products in the United Kingdom, the United States, Germany, Spain, Australia, and Russia. The company was formerly known as Blavod Wines and Spirits plc and changed its name to Distil Plc in April 2014. Distil Plc was incorporated in 1999 and is headquartered in London, the United Kingdom.

How the Company Makes Money

Distil plc makes money primarily through the sale of its premium alcoholic beverages. The company's revenue is generated by distributing its products both domestically and internationally through various channels, including retailers, wholesalers, and direct-to-consumer sales. Key revenue streams include the sale of bottled spirits under its owned brands, as well as potential licensing agreements and collaborations with other beverage companies to expand its market reach. Significant factors contributing to its earnings include brand recognition, product quality, and strategic marketing efforts aimed at increasing consumer demand and expanding its presence in new markets.

Distil plc Financial Statement Overview

Summary

Overall fundamentals are weak: profitability has deteriorated into sizable multi-year losses with negative EBIT/EBITDA, and cash generation is poor with persistent negative operating and free cash flow (cash burn). The main support is a relatively low-leverage balance sheet with still-meaningful equity, but that equity base is trending down as losses continue.

Income Statement

Profitability has deteriorated materially: the company moved from positive net income in 2020–2022 to sizable losses in 2023–2025, with EBIT and EBITDA firmly negative in the last three annual periods. Revenue has also become volatile and downward trending recently, including an -18.77% decline in 2025 following growth in 2024. A positive offset is that gross profit remains positive (indicating the core product economics still work), but operating costs are overwhelming gross profit, keeping overall earnings deeply negative.

Balance Sheet

The balance sheet is relatively supportive: equity remains large versus the asset base (2025 equity of ~5.68m on ~6.73m assets), and debt is modest (2025 total debt ~0.31m). That said, equity has been trending down from prior years (consistent with ongoing losses), and the re-introduction of debt in 2025 increases financial risk if losses persist. Overall leverage looks manageable today, but continued operating deficits could pressure the capital base.

Cash Flow

Cash generation is weak and worsening in aggregate: operating cash flow has been negative in every year except 2021, and free cash flow is negative across 2020–2025, including roughly -0.94m in 2025. While 2025 free cash flow shows a positive growth rate versus 2024 (i.e., a smaller burn), the business is still consuming cash rather than funding itself internally. The key risk is ongoing cash burn alongside accounting losses, which can force additional financing over time.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	963.00K	1.04M	1.52M	1.32M	2.94M	3.62M
Gross Profit	345.00K	369.00K	736.00K	668.00K	1.61M	2.00M
EBITDA	-1.01M	-1.05M	-872.00K	-788.00K	-79.00K	269.00K
Net Income	-1.22M	-1.26M	-1.17M	-748.00K	174.00K	343.00K
Balance Sheet
Total Assets	6.45M	6.72M	7.03M	7.81M	8.10M	4.17M
Cash, Cash Equivalents and Short-Term Investments	262.00K	338.00K	526.00K	717.00K	1.56M	1.06M
Total Debt	318.00K	312.00K	0.00	0.00	0.00	0.00
Total Liabilities	951.00K	1.05M	666.00K	1.00M	557.00K	358.00K
Stockholders Equity	5.50M	5.68M	6.37M	6.80M	7.55M	3.81M
Cash Flow
Free Cash Flow	-1.39M	-944.00K	-1.03M	-845.00K	-142.00K	204.00K
Operating Cash Flow	-1.32M	-868.00K	-1.02M	-816.00K	-118.00K	254.00K
Investing Cash Flow	-19.00K	-78.00K	-30.00K	-29.00K	-2.87M	-50.00K
Financing Cash Flow	1.29M	758.00K	857.00K	150.00K	3.49M	0.00

Distil plc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.11
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:DIS, the sentiment is Negative. The current price of 0.11 is below the 20-day moving average (MA) of 0.12, below the 50-day MA of 0.12, and below the 200-day MA of 0.15, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 50.61 is Neutral, neither overbought nor oversold. The STOCH value of 63.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:DIS.

Distil plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FEVR	74 Outperform	£1.01B	41.03	9.97%	2.11%	-6.03%	13.11%
CCR	65 Neutral	£401.48M	23.00	3.72%	4.05%	-2.22%	―
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
CDGP	54 Neutral	£64.32M	-32.61	-6.01%	―	―	―
ART	47 Neutral	£23.72M	-7.16	―	―	0.43%	15.06%
DIS	42 Neutral	£2.44M	-1.50	-21.36%	―	-25.00%	52.94%

Distil plc Corporate Events

Distil plc strengthens board with appointment of major shareholder Philip Naughton as NED

Distil plc has appointed Philip Naughton as a non-executive director effective 2 February 2026, bringing extensive financial services, compliance and governance experience, including his recent role leading compliance consultancy Cosegic, where he oversaw significant revenue growth and two private equity buyouts. Naughton, who already holds a 10.74% stake in Distil, is expected to support the company’s next phase of development and help unlock value from its strategic interest in Ardgowan Distillery, while the board also seeks an additional independent non-executive director to further strengthen governance and balance.

The most recent analyst rating on (GB:DIS) stock is a Hold with a £0.12 price target. To see the full list of analyst forecasts on Distil plc stock, see the GB:DIS Stock Forecast page.

Distil plc Opens Blackwoods Brand Home to Drive Growth in Premium Spirits

Distil plc has opened the Blackwoods Brand Home on the historic Ardgowan Estate on Scotland’s west coast, creating a dedicated visitor and experience centre for its Blackwoods gin and vodka range. The renovated former stable building near the Ardgowan Whisky distillery will host trade guests from 1 February and the public from 12 February, offering paid tours, tastings, cocktail masterclasses and a ‘Gin School’, alongside a cocktail bar and bottle shop selling core and exclusive bottlings and merchandise. Distil expects the site to generate a new revenue stream that will be reinvested into the brand, deepen customer engagement by showcasing Blackwoods’ heritage and production, and capitalise on strong spirits tourism in Scotland, including significant passenger flows through nearby Greenock Cruise Terminal. The facility will be managed by industry specialist Tomos Brooks, whose appointment is intended to enhance the quality and commercial effectiveness of the guest experience as Distil seeks to accelerate growth and strengthen Blackwoods’ positioning in the premium spirits segment.

The most recent analyst rating on (GB:DIS) stock is a Hold with a £0.11 price target. To see the full list of analyst forecasts on Distil plc stock, see the GB:DIS Stock Forecast page.

Distil hit by Q3 revenue slide despite strong consumer demand for RedLeg

Distil reported a weak third quarter to 31 March 2026, with revenues down 26% to £173,000 and distributor volumes falling 39%, even as consumer-level sales of its flagship RedLeg brand in major grocery channels rose 36% year-on-year, supported by sharp price promotions and the rollout of new packaging. The company said the disconnect between strong retail sell-out and lower reported sales reflects stock that distributors built up ahead of Christmas in the previous quarter and broader efforts across the supply chain to run leaner inventories, while export revenues rose from a small base and it secured US regulatory approval for Blavod and a key on-trade listing for Blackwoods with Scottish bar group Buzzworks. Management highlighted continued headwinds from inflation and rising UK alcohol duty, especially in hospitality, and signalled that its strategic review and cost measures remain ongoing as it looks to maximise shareholder value and capitalise on consumer momentum, including the imminent opening of the Blackwoods Brand Home.

The most recent analyst rating on (GB:DIS) stock is a Hold with a £0.13 price target. To see the full list of analyst forecasts on Distil plc stock, see the GB:DIS Stock Forecast page.

Distil’s Blackwoods Secures Buzzworks Listings to Boost Scottish On‑Trade Presence

Blackwoods Vodka and Gin, part of Distil plc’s portfolio, has secured listings with Buzzworks Holdings, an award-winning Scottish hospitality group operating 22 bars and restaurants across the country. Under the agreement, Blackwoods Vodka will feature in signature cocktails, including Pornstar Martini and Bloody Mary serves across all venues, and in Bradsell Espresso Martinis in three Lido sites, while Blackwoods Gin and RedLeg Spiced Rum will appear on the core spirits menus. With eight Buzzworks locations situated within an hour of the Blackwoods Distillery, the partnership is expected to strengthen the brand’s on-trade footprint and visibility in Scotland, as the Blackwoods team collaborates on in-venue marketing and guest engagement to encourage trial and build recognition among consumers.

The most recent analyst rating on (GB:DIS) stock is a Hold with a £0.11 price target. To see the full list of analyst forecasts on Distil plc stock, see the GB:DIS Stock Forecast page.

Distil Refreshes RedLeg Spiced Rum Packaging to Target Younger Drinkers

Distil plc has unveiled a major packaging refresh for its flagship RedLeg Spiced Rum range, the most significant redesign since the brand’s 2012 launch. Developed with Barlow & Co, the new look brightens the colour palette with greater use of RedLeg’s signature red, simplifies the wordmark with Caribbean sign-writing influences, and updates the hermit crab icon with foiling and tactile varnish to improve shelf standout and appeal to younger adult consumers. The refreshed core product is already rolling out across UK retail, on-trade venues and online, while the flavoured variants will follow later in the year with bolder coloured labels to enhance visibility and flavour recognition. Distil reports that 77% of surveyed consumers prefer the new pack, and early performance is described as encouraging, suggesting potential uplift in brand equity and sales as the company backs the redesign with further marketing support across both on- and off-trade channels.

The most recent analyst rating on (GB:DIS) stock is a Hold with a £0.11 price target. To see the full list of analyst forecasts on Distil plc stock, see the GB:DIS Stock Forecast page.

Distil plc Expands US Market and Enhances EU Logistics

Distil plc has announced the approval of its Blavod Black Vodka for sale in the US, marking a significant step in its market expansion efforts. Additionally, the company has partnered with CJ Hendriks to establish a new EU warehousing facility, aiming to enhance logistics and reduce costs for European distribution. Ardgowan, in which Distil has invested, has released new whisky blends and is investing further in its whisky stocks, showcasing its commitment to the distillery’s growth.