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Splash Beverage Group (SBEV)
:SBEV
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Earnings Data
Report Date
May 19, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.1Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 16, 2021
|% Change Since: 4.76%
|Next Earnings Date:Aug 17, 2021
Earnings Call Sentiment|Neutral
The earnings call highlighted significant improvements in gross margins and distribution expansion, along with substantial capital raising efforts and promising acquisition opportunities. However, persistent liquidity challenges and legal issues with ABG TapouT, coupled with a notable net loss, underscore ongoing financial hurdles.Company Guidance
During the Q3 2024 earnings call for Splash Beverage Group, CEO Robert Nistico provided comprehensive guidance on the company's financial and strategic outlook. Key highlights included a significant improvement in gross margins, which rose to 30% from 23% in Q2 and 11% in Q1, driven by strategic sourcing programs and a reduction in SG&A expenses by $500,000 from the previous quarter. Despite liquidity challenges, the company managed to raise approximately $8 million since August 2024 to support working capital and potential acquisitions. CFO Julius Ivancsits reported Q3 net sales of $381,000, a slight decline from Q2, attributed to inventory limitations. However, the gross margin saw an increase of $244,000 from Q2, reaching $981,000 in Q3, supported by the restart of the Qplash resale business, which boasts a gross margin of 59%. Operating expenses decreased by $1 million, contributing to an improved EBITDA loss of $1.7 million, a $2 million improvement from Q3 2023. The company's liquidity remained tight, with a cash balance of $457,000 at the end of Q3. Looking forward, Splash anticipates positive cash flow and EBITDA by Q3 2025, bolstered by distribution expansions and strategic acquisitions, including an energy drink company with projected growth of over 30%.Improved Gross Margins
Q3 2024 gross margins increased to 30%, up from 23% in Q2 2024 and 11% in Q1 2024, driven by strategic sourcing and lower wine costs.
Expansion of Distribution Network
Notable distribution expansion in the Pacific Northwest, Northeast, and Southwest regions, including full state coverage in Washington and Texas.
Significant Capital Raise
Raised approximately $8 million since August 2024 to support working capital and strategic acquisitions.
Retail Partnership Expansion
Circle K authorized Copa di Vino for all franchise stores, covering over 800 locations in the U.S.
Potential Strategic Acquisitions
Pending acquisition in the energy drink market with expected revenue contribution of $30 million.
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SBEV Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SBEV Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 25, 2024 | $0.21 | $0.20 | -4.76% |
| Aug 22, 2024 | $0.51 | $0.45 | -11.76% |
| May 20, 2024 | $0.28 | $0.28 | 0.00% |
| Nov 15, 2023 | $0.50 | $0.53 | +6.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Splash Beverage Group (SBEV) report earnings?
Splash Beverage Group (SBEV) is schdueled to report earning on May 19, 2025, TBA Not Confirmed.
What is Splash Beverage Group (SBEV) earnings time?
Splash Beverage Group (SBEV) earnings time is at May 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SBEV EPS forecast?
Currently, no data Available
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