Splash Beverage Group (SBEV) AI Stock Analysis

• Market Cap: $4.69M
• Dividend Yield: N/A
• Average Volume (3M): 866.07K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.12
• Revenue Growth: -80.75%
• EPS Growth: -151.46%
• Country: US
• Employees: 32
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Beverages - Alcoholic
• EPS (TTM): N/A
• Shares Outstanding: 2,143,480
• 10 Day Avg. Volume: 96,874
• 30 Day Avg. Volume: 866,074
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 2.42
• Enterprise Value/Revenue: 1.82
• Enterprise Value/Gross Profit: -7.51
• Enterprise Value/Ebitda: -0.89
• 1Y Price Target: $2.00
• Price Target Upside: -8.68% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 41 Neutral
• Price Target: $2.00 ▼(-8.68% Downside)

Splash Beverage Group's stock score is primarily impacted by its poor financial performance, with declining revenues, persistent losses, and negative equity. Technical analysis indicates a bearish trend, while valuation metrics highlight ongoing losses and lack of profitability. These factors collectively result in a low overall stock score.

Positive Factors

Diverse Product Portfolio

A diverse product portfolio allows SBEV to target various market segments, reducing dependency on a single product line and enhancing resilience against market fluctuations.

Strategic Partnerships

Strategic partnerships increase market reach and product availability, which can lead to sustained revenue growth and improved market positioning over time.

Innovative Product Offerings

Innovative products can attract new customers and retain existing ones, supporting long-term growth through differentiation in a competitive market.

Negative Factors

Declining Revenue

Declining revenue indicates potential market share loss or reduced demand, which can undermine long-term growth prospects and financial stability.

High Leverage and Negative Equity

High leverage and negative equity suggest financial instability, limiting the company's ability to invest in growth opportunities and increasing risk of insolvency.

Negative Cash Flows

Negative cash flows indicate inefficiencies in operations and can hinder the company's ability to sustain operations and invest in future growth, posing a long-term risk.

Splash Beverage Group Business Overview & Revenue Model

Company Description

Splash Beverage Group, Inc. engages in the manufacturing, distribution, marketing, and sale of various beverages in the United States. Its products include flavored tequilas under the SALT Naturally Flavored Tequila name; hydration and recovery isotonic sport drink under the TapouT Performance name; wine under the Copa di Vino name; and Pulpoloco Sangria. The company also sells beverages and groceries online through qplash.com. Splash Beverage Group, Inc. is based in Fort Lauderdale, Florida.

How the Company Makes Money

Splash Beverage Group generates revenue primarily through the sale of its beverage products to wholesalers, retailers, and directly to consumers. The company's revenue model is built on multiple key streams, including the distribution of its proprietary brands, partnerships with third-party beverage producers, and strategic collaborations that enhance market reach. Additionally, SBEV benefits from merchandising and promotional activities that drive brand visibility and sales. Significant partnerships with distributors and retailers play a crucial role in expanding its product availability and driving revenue growth.

Splash Beverage Group Financial Statement Overview

Summary

Splash Beverage Group faces severe financial challenges. The income statement shows declining revenues and persistent losses. The balance sheet indicates high leverage and negative equity, while cash flow issues further exacerbate financial instability. Strategic interventions are necessary for improvement.

Income Statement

Splash Beverage Group has experienced a significant decline in revenue, with a 33.6% drop in the most recent year. The company has consistently reported negative net profit margins, indicating ongoing losses. The gross profit margin has also deteriorated, reflecting challenges in managing costs relative to revenue. Overall, the income statement suggests substantial financial difficulties and a need for strategic improvements.

Balance Sheet

The balance sheet reveals a negative stockholders' equity, indicating potential solvency issues. The debt-to-equity ratio is negative, reflecting high leverage and financial instability. Return on equity is also negative, highlighting the company's inability to generate profits from shareholders' investments. The equity ratio is concerning, suggesting a weak financial position.

Cash Flow

The cash flow statement shows negative operating and free cash flows, indicating cash outflows from operations. The free cash flow growth rate is negative, and the operating cash flow to net income ratio is unfavorable, suggesting inefficiencies in converting income into cash. The company faces significant challenges in generating positive cash flows, which could impact its ability to sustain operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	6.26M	4.16M	18.85M	18.09M	11.32M	2.30M
Gross Profit	-1.51M	355.45K	5.57M	5.92M	2.58M	363.59K
EBITDA	-12.76M	-15.84M	-14.76M	-20.45M	-28.67M	-17.47M
Net Income	-20.71M	-23.76M	-21.00M	-21.68M	-29.05M	-28.67M
Balance Sheet
Total Assets	8.36M	2.76M	9.90M	17.30M	16.39M	9.23M
Cash, Cash Equivalents and Short-Term Investments	456.89K	15.35K	379.98K	4.43M	4.18M	380.00K
Total Debt	11.25M	12.55M	9.35M	4.37M	5.04M	4.42M
Total Liabilities	19.19M	21.39M	15.50M	7.98M	7.51M	9.33M
Stockholders Equity	-10.83M	-18.63M	-5.61M	9.32M	8.87M	-102.00K
Cash Flow
Free Cash Flow	-8.07M	-8.01M	-10.20M	-14.20M	-15.13M	-23.20M
Operating Cash Flow	-8.07M	-8.00M	-10.19M	-14.09M	-15.13M	-23.10M
Investing Cash Flow	-4.74K	-3.23K	-14.11K	-102.70K	0.00	-780.25K
Financing Cash Flow	8.36M	7.54M	6.15M	14.45M	18.93M	22.49M

Splash Beverage Group Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2.19
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SBEV, the sentiment is Neutral. The current price of 2.19 is above the 20-day moving average (MA) of 1.83, above the 50-day MA of 1.99, and below the 200-day MA of 4.50, indicating a neutral trend. The MACD of 0.04 indicates Negative momentum. The RSI at 59.82 is Neutral, neither overbought nor oversold. The STOCH value of 86.21 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SBEV.

Splash Beverage Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CCU	75 Outperform	2.21B	13.77	10.55%	3.88%	13.92%	32.69%
ABEV	75 Outperform	37.05B	14.03	15.95%	1.97%	-0.79%	-10.83%
SAM	74 Outperform	2.43B	31.44	8.73%	―	2.46%	-7.28%
BLNE	51 Neutral	83.15M	-0.12	-23.68%	―	-24.81%	80.45%
SBEV	41 Neutral	$4.69M	―	191.27%	―	-80.75%	-151.46%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%

Splash Beverage Group Corporate Events

Splash Beverage Group Increases Authorized Common Stock

On August 29, 2025, Splash Beverage Group, Inc. held a special meeting where stockholders approved an amendment to increase the company’s authorized common stock from 7.5 million to 400 million shares. This decision, supported by approximately 92.02% of the votes, aims to enhance the company’s financial flexibility and potential for future growth.

The most recent analyst rating on (SBEV) stock is a Sell with a $2.00 price target. To see the full list of analyst forecasts on Splash Beverage Group stock, see the SBEV Stock Forecast page.

Splash Beverage Group Regains NYSE Compliance

On July 30, 2025, Splash Beverage Group announced it had regained compliance with the NYSE American LLC’s continued listing standards, following the resolution of previously identified deficiencies. This achievement, confirmed by letters from NYSE Regulation, allows the company to be removed from the list of noncompliant issuers and late filers, reflecting its strengthened financial foundation and positioning for growth.

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.

Splash Beverage Group Faces NYSE Delisting Notice

On July 23, 2025, Splash Beverage Group received a notice from NYSE Regulation about the commencement of delisting proceedings for its publicly traded warrants due to low trading prices. The delisting will not affect the company’s common stock listing or its business operations. The warrants may still be quoted on an over-the-counter market, but there is no assurance of this happening.

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.

Splash Beverage Group Acquires Costa Rica Water Rights

On June 26, 2025, Splash Beverage Group announced an agreement to acquire exclusive water rights to a natural spring source in Costa Rica’s Blue Zone, known for its pristine quality and wellness benefits. This $20 million acquisition will enhance Splash’s premium water brand, Blu, and is expected to drive significant revenue growth, aligning with global trends in clean hydration and wellness. The acquisition will also support the launch of new product lines, including a super-premium glass bottle line and a sustainable canned water line, further solidifying Splash’s position in the premium beverage market.

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.

Splash Beverage Group Strengthens Financial Position with New Agreement

On June 25, 2025, Splash Beverage Group entered into a Securities Purchase Agreement, issuing Series A-1 Convertible Redeemable Preferred Stock and Warrants to raise $650,000 for working capital and corporate purposes. Additionally, the company exchanged $12.67 million of outstanding promissory notes for Series B Convertible Redeemable Preferred Stock to enhance its capital structure and regain compliance with NYSE American’s shareholder equity requirements. The transactions aim to strengthen Splash Beverage Group’s financial position, reduce interest expenses, and improve shareholder equity, aligning with the company’s goal of meeting NYSE American’s continued listing standards.

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.