Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
CEO interview = 2023 Acquisitions
https://www.dropbox.com/scl/fo/upiwertki1vkix6fgcvzj/h/BBS%2012-8-22%20Robert%20Nistico.mp4?dl=0&rlkey=nn79bqabkbizufx2bggq1nuf0
$SBEV News- Splash Beverage Group Adds 9 Distributors to Cover Latest TapouT Retail Authorizations in Southeastern U.S
#StockMarket #Beverage #BeverageIndustry #SBEV #NYSE #McapMediaWire #PressRelease
https://www.otcmarkets.com/stock/SBEV/news/story?e&id=2399247
Strong 2022 expansion efforts have poised the company to greatly accelerate throughput in 2023
what the HECK does THROUGHPUT mean? Isnt there an English speaker that can edit these PRs? they cant even afford that? pffffff
UP 7% on Globe Small Cap Research Report Out :)
$SBEV Globe Small Cap Research Report out- Summary of our Research Findings • Portfolio of American beverage brands, creating multiple entries into $1.6 trillion beverage market • Brand acceleration platform supports developing beverage brands and opens opportunities for acquisition of pre-existing brands with high visibility and innovation • Key authorizations and distribution agreements include Walmart, Target, United Natural Foods (UNFI), WinnDixie Stores, Circle K, ampm, Mexcor International, Love’s Travel Stops and more • Alcoholic and non-alcoholic beverage brands boast natural quality and sustainable packaging • Strong 2022 expansion efforts have poised the company to greatly accelerate throughput in 2023 • 73% revenue increase reported Q3 2022 • Executive team and board of directors have 140 years of combined beverage industry expertise and industry relationships • Celebrity brand ambassadorship with NFL great Drew Brees • Establishing e-commerce B2B and B2C platform to deliver higher margin revenues and enable instant coast-to-coast coverage in shifting U.S. regulatory environment We encourage investors to visit SBEV’s website (https://SplashBeverageGroup.com/) for further due diligence.
Splash Beverage Group Inc. (NYSE American: $SBEV) US$1.01 Per Share Market Cap: $40.10M 52-week range: $0.95-$5.60
https://www.dropbox.com/s/gkfw6bvbqiq6jng/SBEV%20Corporate%20Report.pdf?dl=0
- #StockMarket #Beverage #BeverageIndustry #SBEV #NYSE #McapMediaWire #PressRelease
Splash Beverage Group Inc. (NYSE American: SBEV) US$1.01 Per Share Market Cap: $40.10M 52-week range: $0.95-$5.60
November 25, 2022
SBEV: Executing on Strategy; Increased Distribution Driving Sales Growth
Splash Beverage Group is a fast-growing player in the beverage industry with exciting prospects across its brand portfolio, which includes Copa di Vino wine by the glass, SALT flavored tequilas, Pulpoloco sangria, and TapouT performance hydration/recovery drinks. The company's strategy is to develop and rapidly accelerate its current portfolio as well as acquire new early-stage brands. Splash is led by a management team with significant prior experience managing top brands in the beverage industry from product launch to billions of dollars in annual revenue.
Recent results. 3Q22 gross sales of $5.1M, +76% Y/Y. On a nine-month basis, revenues have increased to $14M from $8.6M last year, +64% Y/Y. Gross profit increased 40% to $1.1M Y/Y and has improved 18% to $2.6M for the nine months YTD. Cash and equivalents were $2.6M, positive net working capital of $3.5M ($8.1M in liquidity). Operating loss was $5.1M for the quarter.
Takeaway. The company understands that distribution is key to success in the beverage industry. It continues to focus on expanding its distribution network, adding nine new distribution/sales agreements with distributors and retailers in 3Q alone. As more retail and distribution partners are added, inventory stock has also become vital because the company must ensure it can adequately supply its distribution network.SBEV is currently evaluating traditional credit facilities to fund its growing inventory needs which we see as a positive sign.
The company continues to bring in highly qualified individuals to lead its growth initiatives. In November, SBEV announced that it has named James Michael Allred to the position of Senior VP of Sales. He will be responsible for leading the sales organization, driving sales initiatives through the company's growing distribution network and building the footprint of its national retail-chain customer base. Prior to joining SBEV, Allred held senior-level positions at AB InBev, with oversight of InBev's largest C-store customer, 7/11.
Outlook. We maintain our positive outlook and believe the company is executing on its strategic initiatives, which includes driving sales growth through a build-out of its distribution and retail networks. While very much still in the early innings, we believe that major distribution wins are driving an acceleration in sales and, as scale increases, profitability should follow. Additionally, there remains significant upside optionality in the development of the eco-friendly CartoCan, a biodegradable can that was acquired in the Pulpoloco acquisition, and aligns with environmentally conscious consumers. SBEV maintains exclusive North American rights to the CartoCan and we believe there may be opportunities to roll this product out across its brand portfolio or sell excess capacity. Our price target of $5, which is based on a 4x 2023 EV/Sales multiple, remains unchanged.
We are proud to have brands such as TapouT #PerformanceDrink in our portfolio as they strive to have top-of-the-line antioxidant and vitamin formulations.
Read more about the powerful ingredients here: tapoutdrinks.com/blog/tapout-an… $SBEV #BeverageIndustry #SportsDrink
Can anyone explain the vote in AS raise? Still plenty of room in current AS. Doesn't make sense.
$SBEV #StockMarket #Beverage #BeverageIndustry #SBEV #NYSE #McapMediaWire #PressRelease
$SBEV - #StockMarket #Beverage #BeverageIndustry #SBEV #NYSE #McapMediaWire #PressRelease
https://www.splashbeveragegroup.com/
We’re thrilled to be working with Lohr Distributing to distribute all Splash Beverage Group brands throughout the state of #Missouri!
Read what SBG CEO Robert Nistico has to say about our exciting agreement: globenewswire.com/news-release/2… $SBEV #Distribution #Expansion #Retail
$SBEV #StockMarket #Beverage #BeverageIndustry #SBEV #NYSE #McapMediaWire #PressRelease
https://www.globenewswire.com/news-release/2022/11/18/2559291/0/en/Splash-Beverage-Group-Names-Industry-Veteran-James-Allred-to-Head-Sales-Distribution.html
Vote coming for AS increase to 300M. Why???? They have plenty of room till current OS is maxed out. Not happy at all I will vote NO!!
Who is selling here? Does not make sense.
did you NOT see the current 1.42 quote? Did you not know that most peoples average is at 5.00 to 6.00 PRE SPLIT???
Did you not see yesterday’s price action?
yea, every stock may. but theyre NOT. this market is DONE.
i know. this company might finally make a few bucks once this is .20 PPS and people want to start drinking alcohol cause of it.
You mean action down. Pre market almost-/-30%
SBEV's New Target Is Now More Than Double It's Current Price!
Looks like there may be some action with this stock. New target issued price of $5 issued by EF Hutton:
https://talkmarkets.com/content/stocks--equities/making-a-splash-small-portfolio-company-with-big-potential?post=368672
make that 2.50. Larry screwed so many people here IMO.
SBEV at 2.60 now. good job Larry the promoter for screwing everyone telling them to buy all they can at 5.50 post split prices. What a humanitarian!
Notice how the stock recently went to 5.50 and now a 60% haircut? Its called massive dilution dumping on shareholders
it'll be Coca Cola when nistico is done with it
seems there's confusion regarding the business of a business that makes money
Sbev at 2.60 now. It offered 5.50 at one point for all the bagholders to get out. Some did I imagine. Now the DEATH SPIRAL begins IMO.
latest 3 filing shows NO shares owned by interim CFO. how many red flags can one company have? lmao
umm its at 3.50. youre hysterical. thats like under 1.00 presplit.
Gee i dont see where it hit 10.00. Stop with the crystal meth
Actually, It would need to go to $3.00 to equal $1.00 pre split. But I am in total agreement of I'm not impressed at the current price
this is STILL sub 1.00 presplit. yu forgot peoplez?
lol, we shorts will be millionaires. stay long and be bored
people are smart to stay in their seats. they're doing acquisitions, obviously, and with DH in the CFO slot you can rest assured that this is going to be a math contest that Nistico is going to win hands down.
OMG ACCRETIVE ACQUISITIONS!!!!! HOW SHOCKING!
stay short die poor
Might be good for a good flip today with this huge after market run down.
8m in stock offering. NO WONDER this cratered yesterday from 5.50 to 3.00s
terrible when these things just keep succeeding - with fundamental growth
The entire OTC is going to be dumped?
HOLDING ONE MORE DAY BEFORE THE OTC DUMP
youre right. they will be diluting badly soon IMO.
Just a matter of time before the faucet gets turned on full blast
8% of float is short
Nothing to see here
and more dilution too
More distribution news out...
https://finance.yahoo.com/news/splash-beverage-group-signs-distribution-130000926.html
JUMPED TWO DAYS AGO AT 4.10 BUT IF YOU WANT I WILL REENTER AGAIN AT 3.10
i think its an uplisting fail. IMO eventually it will be below 1.00 and fighting to file to keep their status. just my opinion
Followers
|
50
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
2958
|
Created
|
02/06/19
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |