Trade Eastside Distilling - EAST CFD

Trading Conditions
Spread0.0502
Long position overnight fee
Long position overnight fee

Margin. Your investment
$1,000.00
Overnight fee
Charges from full value of position
-0.026179 %
(-$1.05)

Trade size with leverage ~ $5,000.00

Short position overnight fee ~ $4,000.00


-0.026179%
Short position overnight fee
Short position overnight fee

Margin. Your investment
$1,000.00
Overnight fee
Charges from full value of position
0.003957 %
($0.16)

Trade size with leverage ~ $5,000.00

Short position overnight fee ~ $4,000.00


0.003957%
Overnight fee time21:00 (UTC)
CurrencyUSD
Min traded quantity0.01
Margin20
Stock exchangeUnited States of America
Commission on trade10%

1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

Key Stats
Prev. Close1.0124
Open1.0324
1-Year Change436.87%
Day's Range0.9874 - 1.0324

Eastside Distilling Company profile

About Eastside Distilling Inc

Eastside Distilling, Inc. (Eastside) is engaged in the manufacture, acquire, blend, bottle, import, market, and sell a wide variety of alcoholic beverages under recognized brands. The Company’s brands span several alcoholic beverage categories, including bourbon, American whiskey, vodka, gin, rum, tequila, and Ready-to-Drink (RTD). Its portfolio includes originals like the Quercus Garryana barrel-finished Burnside Whiskey family, Portland Potato Vodka, Hue-Hue Cold Brewed Coffee Rum, and Azunia Organic Tequilas. The Company sells products on a wholesale basis to distributors in open states, and brokers in control states. It operates four retail tasting rooms in Portland, Oregon, to market its brands directly to consumers. It also operates a mobile craft canning and bottling business (Craft Canning) that primarily services the craft beer and craft cider industries. Craft Canning operates approximately 13 mobile lines in Seattle, Portland and Denver.

Financial summary

BRIEF: For the nine months ended 30 September 2021, Eastside Distilling Inc revenues decreased 9% to $9.6M. Net loss applicable to common stockholders excluding extraordinary items decreased 15% to $6.1M. Revenues reflect Revenue decrease of 10% to $10.1M. Lower net loss reflects Other income increase from $37K to $2.2M (income), Sales and marketing expenses decrease of 42% to $1.9M (expense).

Equity composition

Common Stock $0.0001 Par, Shares auth. and o/s after the offering: 900M auth., 12,710,000 issd. Insiders own approx. 47.2%. IPO:TBA.