REED
Reed's, Inc.
Price Chart
Latest Quote
$1.35
-0.10 (-6.90%)
Current Price
| Previous Close | $1.45 |
| Open | $1.42 |
| Day High | $1.76 |
| Day Low | $1.30 |
| Volume | 48,170 |
Stock Information
| Shares Outstanding | 11.86M |
| Total Debt | $10.04M |
| Cash Equivalents | $4.58M |
| Revenue | $31.18M |
| Net Income | $-20.28M |
| Sector | Consumer Defensive |
| Industry | Beverages - Non-Alcoholic |
| Market Cap | $16.01M |
| EPS (TTM) | $-2.19 |
| Exchange | ASE |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $21.56M |
| Sales | $31.18M |
| Income | $-20.28M |
| Book/sh | $0.22 |
| Cash/sh | $0.39 |
| Employees | 44 |
Financial Ratios
| Quick Ratio | 0.49 |
| Current Ratio | 1.11 |
| Debt/Eq | 372.85 |
Returns & Margins
| ROA | -50.94% |
| ROE | -551.25% |
| Gross Margin | 20.11% |
| Operating Margin | -87.02% |
| Profit Margin | -65.03% |
Ownership
| Insider Ownership | 54.11% |
| Institutional Ownership | 8.38% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | -1.19 |
| P/S | 0.51 |
| P/B | 6.14 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $1.68 |
| SMA50 | $2.67 |
| SMA200 | $4.04 |
| RSI | 32.00 |
| ATR | 0.2214 |
| Shares Float | 3.67M |
| Short Float | 0.64% |
| Short Ratio | 0.85 |
| Volatility | 0.19 |
| Rel Volume | 1.73 |
Performance History
| Week | -20.59% |
| Month | -29.32% |
| Quarter | -72.56% |
| 6 Months | -60.64% |
| YTD | -35.71% |
| Year | -77.27% |
| 3 Years | -92.83% |
| 5 Years | -99.56% |
| 10 Years | -99.82% |
Stock Score:
â Premium
Based on debt, profitability, growth, and cash flow metrics
â Premium Feature
Sign up for free to view detailed scoring breakdown â premium is free during our trial period!
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-18 | $1.35 | 52,100 |
| 2026-06-17 | $1.45 | 27,700 |
| 2026-06-16 | $1.47 | 27,400 |
| 2026-06-15 | $1.63 | 35,700 |
| 2026-06-12 | $1.70 | 47,100 |
| 2026-06-11 | $1.70 | 15,000 |
| 2026-06-10 | $1.63 | 14,200 |
| 2026-06-09 | $1.68 | 9,300 |
| 2026-06-08 | $1.72 | 10,200 |
| 2026-06-05 | $1.66 | 69,100 |
| 2026-06-04 | $1.78 | 10,100 |
| 2026-06-03 | $1.90 | 10,700 |
| 2026-06-02 | $1.85 | 11,500 |
| 2026-06-01 | $1.81 | 20,400 |
| 2026-05-29 | $1.71 | 22,600 |
| 2026-05-28 | $1.76 | 21,100 |
| 2026-05-27 | $1.87 | 16,900 |
| 2026-05-26 | $1.81 | 38,900 |
| 2026-05-22 | $1.59 | 93,700 |
| 2026-05-21 | $1.62 | 49,200 |
| 2026-05-20 | $1.69 | 49,900 |
| 2026-05-19 | $1.91 | 69,500 |
About Reed's, Inc.
Reed's, Inc. engages in the manufacture and distribution of natural beverages in the United States and the Asia-Pacific region. The company offers reed's craft ginger beer; reed's real ginger ales; reed's ready to drink; reed's functional soda; flying cauldron soda; and virgil's handcrafted sodas. It sells its products to natural food and gourmet retailers, grocery store chains, mass merchants, club stores, convenience and drug stores, liquor stores, industrial cafeterias, and on-premise bars and restaurants, as well as directly to consumers through its website, Amazon, and third party e-commerce retailers; and Reed's and Virgil's brand names. The company was formerly known as Original Beverage Corporation and changed its name to Reed's, Inc. in 2001. Reed's, Inc. was founded in 1987 and is headquartered in Norwalk, Connecticut.
đ° Latest News
Zscaler upgraded, CoreWeave downgraded: Wall Street's top analyst calls
The Fly âĸ 2026-05-18T13:55:50Z
Reed's Inc (REED) Q1 2026 Earnings Call Highlights: Strategic Initiatives and Operational Challenges
GuruFocus.com âĸ 2026-05-13T23:01:30ZTranscript: Reed's Q1 2026 Earnings Conference Call
Benzinga âĸ 2026-05-13T12:54:20Z
Reedâs hires former executive Damian Warshall as COO
Just Drinks âĸ 2026-04-27T12:16:12Z
Reed's Inc (REED) Q4 2025 Earnings Call Highlights: Strategic Growth Initiatives Amidst ...
GuruFocus.com âĸ 2026-03-25T19:01:20ZReedâs CEO steps down, COO named interim chief
Just Drinks âĸ 2026-03-25T16:39:56Z
Here Are Mondayâs Top Wall Street Analyst Research Calls: BlackSky Technology, Cummins, Lamb Watson, Ollieâs Bargain Outlet, Sealed Air, Volaris, and More
24/7 Wall St. âĸ 2025-12-22T13:12:30Z
Top Midday Decliners
MT Newswires âĸ 2025-12-05T18:25:29ZReed's Inc (REED) Q3 2025 Earnings Call Highlights: Navigating Growth and Challenges
GuruFocus.com âĸ 2025-11-04T21:06:28ZEarnings To Watch: Reed's Inc (REED) Reports Q3 2025 Result
GuruFocus.com âĸ 2025-11-03T13:11:38Z
Period:
Loading...
Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $27,103,000 | $26,578,000 | $34,999,000 | $40,929,000 |
| Cost Of Revenue | $27,103,000 | $26,578,000 | $34,999,000 | $40,929,000 |
| Total Revenue | $34,065,000 | $37,954,000 | $44,711,000 | $53,041,000 |
| Operating Revenue | $40,847,000 | $44,316,000 | $50,689,000 | $59,464,000 |
| Expenses | ||||
| Interest Expense | $1,108,000 | $5,481,000 | $6,106,000 | $5,223,000 |
| Total Expenses | $49,213,000 | $46,070,000 | $54,128,000 | $67,875,000 |
| Other Income Expense | $414,000 | $445,000 | - | - |
| Other Non Operating Income Expenses | $414,000 | $445,000 | - | - |
| Net Non Operating Interest Income Expense | $-1,108,000 | $-5,481,000 | $-6,106,000 | $-5,223,000 |
| Interest Expense Non Operating | $1,108,000 | $5,481,000 | $6,106,000 | $5,223,000 |
| Operating Expense | $22,110,000 | $19,492,000 | $19,129,000 | $26,946,000 |
| Selling And Marketing Expense | $10,645,000 | $10,268,000 | $12,426,000 | $18,919,000 |
| General And Administrative Expense | $11,296,000 | $9,109,000 | $6,118,000 | $7,489,000 |
| Other Operating Expenses | - | $115,000 | $585,000 | $538,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-15,842,000 | $-13,152,000 | $-15,523,000 | $-20,057,000 |
| Net Interest Income | $-1,108,000 | $-5,481,000 | $-6,106,000 | $-5,223,000 |
| Normalized Income | $-15,842,000 | $-13,152,000 | $-15,523,000 | $-20,057,000 |
| Net Income From Continuing And Discontinued Operation | $-15,842,000 | $-13,152,000 | $-15,523,000 | $-20,057,000 |
| Total Operating Income As Reported | $-15,148,000 | $-8,116,000 | $-9,417,000 | $-14,834,000 |
| Net Income Common Stockholders | $-15,847,000 | $-13,157,000 | $-15,528,000 | $-20,062,000 |
| Net Income | $-15,842,000 | $-13,152,000 | $-15,523,000 | $-20,057,000 |
| Net Income Including Noncontrolling Interests | $-15,842,000 | $-13,152,000 | $-15,523,000 | $-20,057,000 |
| Net Income Continuous Operations | $-15,842,000 | $-13,152,000 | $-15,523,000 | $-20,057,000 |
| Pretax Income | $-15,842,000 | $-13,152,000 | $-15,523,000 | $-20,057,000 |
| Operating Income | $-15,148,000 | $-8,116,000 | $-9,417,000 | $-14,834,000 |
| Gross Profit | $6,962,000 | $11,376,000 | $9,712,000 | $12,112,000 |
| Special Income Charges | - | - | - | $0 |
| Per Share | ||||
| Diluted EPS | $-1.91 | $-9.84 | $-4.39 | $-9.52 |
| Basic EPS | $-1.91 | $-9.84 | $-4.39 | $-9.52 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-14,574,000 | $-7,546,000 | $-9,275,000 | $-14,726,000 |
| Reconciled Depreciation | $160,000 | $125,000 | $142,000 | $108,000 |
| EBITDA (Bullshit earnings) | $-14,574,000 | $-7,546,000 | $-9,275,000 | $-14,726,000 |
| EBIT | $-14,734,000 | $-7,671,000 | $-9,417,000 | $-14,834,000 |
| Diluted Average Shares | $8,301,904 | $8,041,496 | $3,537,882 | $2,020,074 |
| Basic Average Shares | $8,301,904 | $8,041,496 | $3,537,882 | $2,020,074 |
| Diluted NI Availto Com Stockholders | $-15,847,000 | $-13,157,000 | $-15,528,000 | $-20,062,000 |
| Preferred Stock Dividends | $5,000 | $5,000 | $5,000 | $5,000 |
| Provision For Doubtful Accounts | $169,000 | $115,000 | $585,000 | $538,000 |
| Selling General And Administration | $21,941,000 | $19,377,000 | $18,544,000 | $26,408,000 |
| Other Gand A | $11,296,000 | $9,109,000 | $6,118,000 | $7,489,000 |
| Total Unusual Items | - | - | - | $0 |
| Total Unusual Items Excluding Goodwill | - | - | - | $0 |
| Other Special Charges | - | - | - | - |
Fetched: 2026-06-17
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $8,501,000 | $6,004,000 | $-19,810,000 | $-9,096,000 |
| Total Assets | $23,341,000 | $25,140,000 | $18,883,000 | $25,487,000 |
| Total Non Current Assets | $1,881,000 | $1,829,000 | $1,122,000 | $1,392,000 |
| Goodwill And Other Intangible Assets | $650,000 | $644,000 | $629,000 | $626,000 |
| Other Intangible Assets | $650,000 | $644,000 | $629,000 | $626,000 |
| Current Assets | $21,460,000 | $23,311,000 | $17,761,000 | $24,095,000 |
| Other Current Assets | $673,000 | $683,000 | $2,028,000 | $939,000 |
| Inventory | $8,046,000 | $8,114,000 | $11,300,000 | $16,175,000 |
| Receivables | $2,317,000 | $4,123,000 | $3,830,000 | $6,448,000 |
| Accounts Receivable | $2,317,000 | $3,979,000 | $3,571,000 | $5,671,000 |
| Allowance For Doubtful Accounts Receivable | $-980,000 | $-859,000 | $-860,000 | $-252,000 |
| Gross Accounts Receivable | $3,297,000 | $4,838,000 | $4,431,000 | $5,923,000 |
| Cash Cash Equivalents And Short Term Investments | $10,424,000 | $10,391,000 | $603,000 | $533,000 |
| Cash And Cash Equivalents | $10,424,000 | $10,391,000 | $603,000 | $533,000 |
| Cash Financial | $10,424,000 | $10,391,000 | $603,000 | $533,000 |
| Prepaid Assets | - | - | - | - |
| Debt | ||||
| Total Debt | $10,025,000 | $10,408,000 | $27,576,000 | $21,894,000 |
| Long Term Debt And Capital Lease Obligation | $803,000 | $837,000 | $10,874,000 | $8,299,000 |
| Current Debt And Capital Lease Obligation | $9,222,000 | $9,571,000 | $16,702,000 | $13,595,000 |
| Current Debt | $9,182,000 | $9,571,000 | $16,495,000 | $13,408,000 |
| Other Current Borrowings | $9,182,000 | $9,571,000 | $6,737,000 | $2,434,000 |
| Net Debt | - | - | $26,766,000 | $20,967,000 |
| Long Term Debt | - | - | $10,874,000 | $8,092,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $14,190,000 | $18,492,000 | $38,064,000 | $33,957,000 |
| Total Non Current Liabilities Net Minority Interest | $803,000 | $837,000 | $10,874,000 | $8,299,000 |
| Current Liabilities | $13,387,000 | $17,655,000 | $27,190,000 | $25,658,000 |
| Payables And Accrued Expenses | $4,165,000 | $8,084,000 | $10,488,000 | $12,063,000 |
| Payables | $3,496,000 | $7,100,000 | $9,392,000 | $11,830,000 |
| Accounts Payable | $3,496,000 | $6,956,000 | $9,133,000 | $9,805,000 |
| Equity | ||||
| Common Stock Equity | $9,057,000 | $6,554,000 | $-19,275,000 | $-8,564,000 |
| Preferred Stock Equity | $94,000 | $94,000 | $94,000 | $94,000 |
| Total Equity Gross Minority Interest | $9,151,000 | $6,648,000 | $-19,181,000 | $-8,470,000 |
| Stockholders Equity | $9,151,000 | $6,648,000 | $-19,181,000 | $-8,470,000 |
| Retained Earnings | $-167,731,000 | $-151,884,000 | $-138,727,000 | $-123,199,000 |
| Other | ||||
| Ordinary Shares Number | $11,820,429 | $45,371,247 | $4,187,291 | $2,519,485 |
| Share Issued | $11,820,429 | $45,371,247 | $4,187,291 | $2,519,485 |
| Tangible Book Value | $8,407,000 | $5,910,000 | $-19,904,000 | $-9,190,000 |
| Invested Capital | $18,239,000 | $16,125,000 | $8,094,000 | $12,936,000 |
| Working Capital | $8,073,000 | $5,656,000 | $-9,429,000 | $-1,563,000 |
| Capital Lease Obligations | $843,000 | $837,000 | $207,000 | $394,000 |
| Additional Paid In Capital | $176,783,000 | $158,437,000 | $119,452,000 | $114,635,000 |
| Capital Stock | $99,000 | $95,000 | $94,000 | $94,000 |
| Common Stock | $5,000 | $1,000 | $0 | $0 |
| Preferred Stock | $94,000 | $94,000 | $94,000 | $94,000 |
| Long Term Capital Lease Obligation | $803,000 | $837,000 | $0 | $207,000 |
| Current Capital Lease Obligation | $40,000 | $0 | $207,000 | $187,000 |
| Current Accrued Expenses | $669,000 | $984,000 | $1,096,000 | $233,000 |
| Dueto Related Parties Current | $0 | $144,000 | $259,000 | $2,025,000 |
| Net PPE | $1,231,000 | $1,185,000 | $493,000 | $766,000 |
| Accumulated Depreciation | $-785,000 | $-636,000 | $-1,068,000 | $-787,000 |
| Gross PPE | $2,016,000 | $1,821,000 | $1,561,000 | $1,553,000 |
| Leases | $164,000 | $84,000 | $0 | - |
| Construction In Progress | $82,000 | $0 | $85,000 | $0 |
| Other Properties | $832,000 | $832,000 | $724,000 | $724,000 |
| Machinery Furniture Equipment | $938,000 | $905,000 | $752,000 | $829,000 |
| Properties | $0 | $0 | $0 | - |
| Finished Goods | $4,095,000 | $2,970,000 | $4,855,000 | $7,649,000 |
| Raw Materials | $3,951,000 | $5,144,000 | $6,445,000 | $8,526,000 |
| Duefrom Related Parties Current | $0 | $144,000 | $259,000 | $777,000 |
| Line Of Credit | - | $0 | $9,758,000 | $10,974,000 |
Fetched: 2026-06-17
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-17,315,000 | $-6,291,000 | $-4,354,000 | $-15,532,000 |
| Operating Activities | ||||
| Operating Cash Flow | $-17,037,000 | $-6,124,000 | $-4,266,000 | $-15,530,000 |
| Cash Flow From Continuing Operating Activities | $-17,037,000 | $-6,124,000 | $-4,266,000 | $-15,530,000 |
| Operating Gains Losses | $-5,000 | - | $8,000 | $701,000 |
| Investing Activities | ||||
| Capital Expenditure | $-278,000 | $-167,000 | $-88,000 | $-2,000 |
| Investing Cash Flow | $-253,000 | $-167,000 | $-20,000 | $-2,000 |
| Cash Flow From Continuing Investing Activities | $-253,000 | $-167,000 | $-20,000 | $-2,000 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $18,176,000 | $11,882,000 | $4,016,000 | $5,034,000 |
| Financing Cash Flow | $17,323,000 | $16,079,000 | $4,356,000 | $16,016,000 |
| Cash Flow From Continuing Financing Activities | $17,323,000 | $16,079,000 | $4,356,000 | $16,016,000 |
| Net Other Financing Charges | $-203,000 | $3,744,000 | $-1,833,000 | $546,000 |
| Net Common Stock Issuance | $18,176,000 | $11,882,000 | $4,015,000 | $5,032,000 |
| Common Stock Issuance | $18,176,000 | $11,882,000 | $4,016,000 | $5,034,000 |
| Repurchase Of Capital Stock | - | $0 | $-1,000 | $-2,000 |
| Other | ||||
| Repayment Of Debt | $-650,000 | $-39,666,000 | $-45,413,000 | $-56,556,000 |
| Issuance Of Debt | $0 | $40,119,000 | $47,587,000 | $66,994,000 |
| Interest Paid Supplemental Data | $826,000 | $870,000 | $1,046,000 | $1,911,000 |
| End Cash Position | $10,424,000 | $10,391,000 | $603,000 | $533,000 |
| Beginning Cash Position | $10,391,000 | $603,000 | $533,000 | $49,000 |
| Changes In Cash | $33,000 | $9,788,000 | $70,000 | $484,000 |
| Net Issuance Payments Of Debt | $-650,000 | $453,000 | $2,174,000 | $10,438,000 |
| Net Short Term Debt Issuance | $0 | $-9,957,000 | $-1,377,000 | $1,108,000 |
| Short Term Debt Payments | $0 | $-39,152,000 | $-45,213,000 | $-53,456,000 |
| Short Term Debt Issuance | $0 | $29,195,000 | $43,836,000 | $54,564,000 |
| Net Long Term Debt Issuance | $-650,000 | $10,410,000 | $3,551,000 | $9,330,000 |
| Long Term Debt Payments | $-650,000 | $-514,000 | $-200,000 | $-3,100,000 |
| Long Term Debt Issuance | $0 | $10,924,000 | $3,751,000 | $12,430,000 |
| Net Intangibles Purchase And Sale | $-6,000 | $-15,000 | $-3,000 | $-2,000 |
| Purchase Of Intangibles | $-6,000 | $-15,000 | $-3,000 | $-2,000 |
| Net PPE Purchase And Sale | $-247,000 | $-152,000 | $-17,000 | $0 |
| Sale Of PPE | $25,000 | $0 | $68,000 | $0 |
| Purchase Of PPE | $-272,000 | $-152,000 | $-85,000 | $0 |
| Change In Working Capital | $-4,872,000 | $863,000 | $3,382,000 | $-509,000 |
| Change In Other Current Assets | $46,000 | $169,000 | $140,000 | $117,000 |
| Change In Payables And Accrued Expense | $-3,665,000 | $-1,509,000 | $-214,000 | $-687,000 |
| Change In Accrued Expense | $-320,000 | $-116,000 | $859,000 | $-58,000 |
| Change In Payable | $-3,345,000 | $-1,393,000 | $-1,073,000 | $-629,000 |
| Change In Account Payable | $-3,345,000 | $-1,393,000 | $-1,073,000 | $-629,000 |
| Change In Prepaid Assets | $-51,000 | $561,000 | $528,000 | $55,000 |
| Change In Inventory | $-1,945,000 | $2,909,000 | $2,653,000 | $531,000 |
| Change In Receivables | $743,000 | $-1,267,000 | $275,000 | $-525,000 |
| Changes In Account Receivables | $743,000 | $-1,267,000 | $275,000 | $-525,000 |
| Other Non Cash Items | $301,000 | $4,261,000 | $3,784,000 | $3,308,000 |
| Stock Based Compensation | $59,000 | $528,000 | $526,000 | $701,000 |
| Provisionand Write Offof Assets | $1,149,000 | $974,000 | $1,193,000 | $575,000 |
| Asset Impairment Charge | $2,013,000 | $277,000 | $2,222,000 | $344,000 |
| Depreciation Amortization Depletion | $160,000 | $125,000 | $142,000 | $108,000 |
| Depreciation And Amortization | $160,000 | $125,000 | $142,000 | $108,000 |
| Depreciation | $160,000 | $125,000 | $142,000 | $108,000 |
| Gain Loss On Sale Of PPE | $-5,000 | $0 | $8,000 | $0 |
| Net Income From Continuing Operations | $-15,842,000 | $-13,152,000 | $-15,523,000 | $-20,057,000 |
| Common Stock Payments | - | $0 | $-1,000 | $-2,000 |
| Gain Loss On Investment Securities | - | - | $490,000 | $701,000 |
| Proceeds From Stock Option Exercised | - | - | - | $0 |
Fetched: 2026-06-17