tiprankstipranks
Trending News
More News >
Beckett's (TSE:BKTS)
:BKTS

Beckett's (BKTS) AI Stock Analysis

Compare
19 Followers

Top Page

TS

Beckett's

(OTC:BKTS)

Rating:37Underperform
Price Target:
The overall score reflects significant financial vulnerabilities, with declining revenues and negative profitability heavily weighing down the score. Technical analysis adds to bearish sentiment, while valuation concerns further detract from attractiveness. The stock is currently not positioned as a strong investment opportunity without substantial improvements in financial health and operational efficiency.

Beckett's (BKTS) vs. iShares MSCI Canada ETF (EWC)

Beckett's Business Overview & Revenue Model

Company DescriptionThe Tinley Beverage Company Inc. manufactures and sells liquor-inspired, non-alcoholic, and cannabis-infused beverages. It offers Tinley Tonics and Tinley 27 infused beverages through retail locations, as well as online in California, United States. The company was formerly known as Quia Resources Inc. and changed its name to The Tinley Beverage Company Inc. in October 2015. The Tinley Beverage Company Inc. was incorporated in 2007 and is based in Toronto, Canada.
How the Company Makes MoneyThe Tinley Beverage Company generates revenue by manufacturing and selling cannabis-infused beverages. The company's primary revenue streams come from wholesale and retail sales of its products through cannabis dispensaries and other licensed outlets. Tinley partners with distribution and retail networks to maximize the reach and availability of its products. Additionally, the company may engage in strategic partnerships and licensing agreements to expand its product offerings and market presence, further enhancing its revenue potential.

Beckett's Financial Statement Overview

Summary
The Tinley Beverage Company is facing substantial financial challenges with declining revenues, negative profitability, and cash flow issues. While there are some improvements in equity and debt positions in the TTM period, the overall financial health remains fragile. The company needs to focus on cost management and operational efficiencies to improve its financial standing.
Income Statement
30
Negative
The Tinley Beverage Company displays a declining revenue trend with a significant drop from 2023 to the TTM period. Gross profit margin is low at 21.94% for TTM, and net profit margin is deeply negative due to substantial net losses. The company faces challenges in controlling costs, evidenced by negative EBIT and EBITDA margins, both indicating operational inefficiencies.
Balance Sheet
40
Negative
The balance sheet reflects a precarious position with negative stockholders' equity in 2023, though it improved to a positive figure in TTM. The absence of debt in TTM is a positive aspect, but past high debt levels and weak equity ratios signal financial instability. The ROE is negative, highlighting poor returns on equity.
Cash Flow
35
Negative
Cash flow analysis reveals ongoing negative operating and free cash flows, indicative of cash burn. The cash flow to net income ratios are concerning, as operating cash flow is consistently negative. However, financing cash flows are positive, suggesting reliance on external funding.
Breakdown
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
1.21M2.39M1.48M803.78K304.17K85.13K
Gross Profit
265.91K961.42K512.24K86.10K-115.39K-30.15K
EBIT
-1.91M-3.91M918.00K-8.36M-7.67M-7.40M
EBITDA
-814.34K-2.25M-3.90M-6.77M-5.77M-6.01M
Net Income Common Stockholders
-4.49M-4.99M-4.95M-8.71M-7.96M-7.71M
Balance SheetCash, Cash Equivalents and Short-Term Investments
1.37M59.99K183.62K113.84K2.26M3.61M
Total Assets
2.18M4.02M7.09M8.52M11.43M13.90M
Total Debt
0.003.37M3.70M1.14M1.84M2.48M
Net Debt
-1.37M3.31M3.52M1.03M-422.44K-137.18K
Total Liabilities
1.31M6.59M4.87M1.97M-2.17M3.35M
Stockholders Equity
870.44K-2.57M2.22M6.54M13.61M10.55M
Cash FlowFree Cash Flow
-2.04M-649.50K-3.96M-6.16M-4.93M-10.14M
Operating Cash Flow
-2.04M-625.92K-3.66M-5.26M-4.55M-4.55M
Investing Cash Flow
98.63K51.21K-259.30K-896.96K600.86K-5.88M
Financing Cash Flow
3.14M442.76K4.04M3.98M3.68M9.33M

Beckett's Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.04
Price Trends
50DMA
0.03
Positive
100DMA
0.02
Positive
200DMA
0.03
Positive
Market Momentum
MACD
<0.01
Negative
RSI
59.48
Neutral
STOCH
58.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BKTS, the sentiment is Positive. The current price of 0.04 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.03, and above the 200-day MA of 0.03, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 59.48 is Neutral, neither overbought nor oversold. The STOCH value of 58.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:BKTS.

Beckett's Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
C$394.50M14.2514.27%7.06%16.37%25.61%
66
Neutral
C$394.50M15.3114.27%6.57%16.37%25.61%
65
Neutral
$8.92B15.034.68%6.11%3.59%-2.49%
60
Neutral
C$216.93M41.071.98%5.15%5.42%
37
Underperform
$10.90M
-53.78%33.12%
TSDWS
C$11.18M-8.99%
TSRUM
C$4.69M-27.57%
* Consumer Defensive Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:BKTS
Beckett's
0.04
>-0.01
-12.50%
TSE:ADW.A
Andrew Peller A NV
4.88
1.26
34.81%
TSE:CSW.A
Corby Spirit&Wine A
13.91
0.63
4.74%
TSE:CSW.B
Corby Spirit&Wn B NV
13.25
1.50
12.77%
TSE:DWS
Diamond Estates Wines & Spirits
0.17
-0.05
-22.73%
TSE:RUM
Rocky Mountain Liquor
0.10
-0.02
-16.67%

Beckett's Corporate Events

Tinley Beverage Company Reports 2024 Financial Highlights
Dec 9, 2024

Tinley Beverage Company has reported significant financial strides in 2024, including raising $3.3 million through equity placements and reducing its debt by $7 million. The company also achieved impressive sales milestones at Total Wine locations, including securing a top 5 spot among non-alcohol brands and expanding its market reach in several states. Tinley’s strategic focus remains on building its brand and expanding its non-alcoholic beverage portfolio despite facing distribution challenges.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.