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Trade Reed’s - REED CFD

3.22
5.29%
  • Summary
  • Historical Data
  • Events
  • Income Statement
  • Balance Sheet
  • Cash Flow
  • Ownership
Trading Conditions
Spread 0.07
Long position overnight fee

Long position overnight fee


Margin. Your investment $1,000.00
Overnight fee -0.025457 %
Charges from borrowed part ($-1.02)
Trade size with leverage ~ $5,000.00
Money from leverage ~ $4,000.00

Go to platform
-0.025457%
Short position overnight fee

Short position overnight fee


Margin. Your investment $1,000.00
Overnight fee 0.003235 %
Charges from borrowed part ($0.13)
Trade size with leverage ~ $5,000.00
Money from leverage ~ $4,000.00

Go to platform
0.003235%
Overnight fee time 21:00 (UTC)
Min traded quantity 1
Currency USD
Margin 20%
Stock exchange United States of America
Commission on trade 0%

*Information provided by Capital.com

Key Stats
Prev. Close* 3.4
Open* 2.48
1-Year Change* 629.41%
Day's Range* 2.48 - 3.37
52 wk Range 3.00-21.50
Average Volume (10 days) 50.76K
Average Volume (3 months) 1.13M
Market Cap 8.65M
P/E Ratio -100.00K
Shares Outstanding 2.36M
Revenue 50.78M
EPS -8.84
Dividend (Yield %) N/A
Beta 1.61
Next Earnings Date Mar 29, 2023

All data is provided by Refinitiv, except for data marked with an asterisk, which is *data provided by Capital.com

  • Last Week
  • Last Month
  • Last Year
  • Last two Years
  • Max
  • Daily
  • Weekly
  • Monthly
Date Close Change Change (%) Open High Low
Feb 15, 2023 3.22 0.74 29.84% 2.48 3.37 2.39
Feb 14, 2023 3.40 -0.05 -1.45% 3.45 3.45 3.27
Feb 13, 2023 3.47 0.17 5.15% 3.30 3.53 3.25
Feb 10, 2023 3.28 -0.04 -1.20% 3.32 3.32 3.13
Feb 9, 2023 3.37 -0.20 -5.60% 3.57 3.63 3.32
Feb 8, 2023 3.50 -0.17 -4.63% 3.67 3.77 3.27
Feb 7, 2023 3.68 -0.29 -7.30% 3.97 4.02 3.62
Feb 6, 2023 4.03 -0.11 -2.66% 4.14 4.33 3.97
Feb 3, 2023 4.07 0.25 6.54% 3.82 4.16 3.82
Feb 2, 2023 4.01 -0.15 -3.61% 4.16 4.40 3.93
Feb 1, 2023 4.10 0.44 12.02% 3.66 4.18 3.66
Jan 31, 2023 3.62 0.10 2.84% 3.52 3.73 3.30
Jan 30, 2023 3.51 -0.05 -1.40% 3.56 3.56 3.30
Jan 27, 2023 3.62 -0.15 -3.98% 3.77 4.26 3.22
Mar 11, 2022 0.39 0.00 0.00% 0.39 0.40 0.39
Dec 29, 2021 0.34 -0.01 -2.86% 0.35 0.35 0.34
Dec 28, 2021 0.34 -0.01 -2.86% 0.35 0.37 0.34
Dec 27, 2021 0.35 -0.01 -2.78% 0.36 0.37 0.35
Dec 23, 2021 0.36 0.00 0.00% 0.36 0.37 0.35

Reed’s Events

Time (UTC) Country Event
No events scheduled
View all events
  • Annual
  • Quarterly
2021 2020 2019 2018 2017
Total revenue 49.599 41.615 33.82 38.102 37.714
Revenue 49.599 41.615 33.82 38.102 37.714
Cost of Revenue, Total 36.001 28.849 25.944 27.424 30.821
Gross Profit 13.598 12.766 7.876 10.678 6.893
Total Operating Expense 64.8 50.493 48.676 46.224 53.095
Selling/General/Admin. Expenses, Total 17.63 14.526 16.784 13.262 8.775
Unusual Expense (Income) -0.77 0.262 -0.045 0.049 9.557
Other Operating Expenses, Total 11.939 6.856 5.993 5.489 3.942
Operating Income -15.201 -8.878 -14.856 -8.122 -15.381
Interest Income (Expense), Net Non-Operating -1.201 -1.299 -1.256 -2.203 -0.216
Other, Net 0 -2.776
Net Income Before Taxes -16.402 -10.177 -16.112 -10.325 -18.373
Net Income After Taxes -16.402 -10.177 -16.112 -10.325 -18.373
Net Income Before Extra. Items -16.402 -10.177 -16.112 -10.325 -18.373
Net Income -16.402 -10.177 -16.112 -10.325 -18.373
Total Adjustments to Net Income -0.005 -0.005 -0.005 -0.005 -0.005
Income Available to Common Excl. Extra. Items -16.407 -10.182 -16.117 -10.33 -18.378
Income Available to Common Incl. Extra. Items -16.407 -10.182 -16.117 -10.33 -18.378
Diluted Net Income -16.407 -10.182 -16.117 -10.33 -18.378
Diluted Weighted Average Shares 91.2344 60.6448 35.058 25.3576 14.7758
Diluted EPS Excluding Extraordinary Items -0.17983 -0.1679 -0.45972 -0.40737 -1.24379
Diluted Normalized EPS -0.18507 -0.16349 -0.44267 -0.40544 -0.59699
Mar 2022 Dec 2021 Sep 2021 Jun 2021 Mar 2021
Total revenue 12.182 12.781 13.402 11.27 12.146
Revenue 12.182 12.781 13.402 11.27 12.146
Cost of Revenue, Total 9.25 10.177 9.53 8.001 8.293
Gross Profit 2.932 2.604 3.872 3.269 3.853
Total Operating Expense 16.361 17.138 17.055 14.209 16.397
Selling/General/Admin. Expenses, Total 4.299 3.91 4.432 4.47 4.818
Other Operating Expenses, Total 2.812 3.051 3.093 2.508 3.286
Operating Income -4.179 -4.357 -3.653 -2.939 -4.251
Interest Income (Expense), Net Non-Operating -0.801 -0.509 -0.234 -0.202 -0.256
Net Income Before Taxes -4.98 -4.866 -3.887 -3.141 -4.507
Net Income After Taxes -4.98 -4.866 -3.887 -3.141 -4.507
Net Income Before Extra. Items -4.98 -4.866 -3.887 -3.141 -4.507
Net Income -4.98 -4.866 -3.887 -3.141 -4.507
Income Available to Common Excl. Extra. Items -4.98 -4.866 -3.887 -3.146 -4.507
Income Available to Common Incl. Extra. Items -4.98 -4.866 -3.887 -3.146 -4.507
Diluted Net Income -4.98 -4.866 -3.887 -3.146 -4.507
Diluted Weighted Average Shares 97.3774 93.7351 93.6449 90.8018 86.6313
Diluted EPS Excluding Extraordinary Items -0.05114 -0.05191 -0.04151 -0.03465 -0.05203
Dividends per Share - Common Stock Primary Issue 0 0 0 0
Diluted Normalized EPS -0.05114 -0.05248 -0.04151 -0.04321 -0.04795
Unusual Expense (Income) 0 0 -0.77
Total Adjustments to Net Income 0 0 -0.005
  • Annual
  • Quarterly
2021 2020 2019 2018 2017
Total Current Assets 24.705 18.455 14.296 10.938 20.948
Cash and Short Term Investments 0.049 0.595 0.913 0.624 12.127
Cash 0.049 0.595 0.913 0.624 12.127
Total Receivables, Net 6.116 5.4 2.455 2.803 2.691
Accounts Receivable - Trade, Net 5.183 4.718 2.099 2.608 2.691
Total Inventory 17.049 11.119 10.508 7.38 5.931
Prepaid Expenses 1.491 1.341 0.42 0.131 0.199
Total Assets 26.321 20.057 15.992 12.492 24.476
Property/Plant/Equipment, Total - Net 0.992 0.92 1.053 0.896 0.353
Property/Plant/Equipment, Total - Gross 1.553 1.281 1.535 1.238 9.692
Accumulated Depreciation, Total -0.561 -0.361 -0.482 -0.342 -9.339
Intangibles, Net 0.624 0.615 0.576 0.576 0.805
Total Current Liabilities 21.724 8.927 9.411 14.235 18.645
Accounts Payable 10.434 6.746 5.539 5.721 7.48
Accrued Expenses 0.447 1.003 0.674 1.483 0.22
Notes Payable/Short Term Debt 10.229 0 3.177 6.98 3.301
Current Port. of LT Debt/Capital Leases 0 0.621 0.021 0.051 7.367
Total Liabilities 22.118 9.653 14.845 19.235 23.968
Total Long Term Debt 0 0.187 4.757 4.962 5.176
Long Term Debt 0 0.171 4.689 4.161 4.94
Capital Lease Obligations 0.016 0.068 0.801 0.236
Other Liabilities, Total 0.394 0.539 0.677 0.038 0.147
Total Equity 4.203 10.404 1.147 -6.743 0.508
Preferred Stock - Non Redeemable, Net 0.094 0.094 0.094 0.094 0.094
Common Stock 0.009 0.009 0.005 0.003 0.002
Additional Paid-In Capital 107.237 97.031 77.596 53.591 49.833
Retained Earnings (Accumulated Deficit) -103.137 -86.73 -76.548 -60.431 -50.101
Total Liabilities & Shareholders’ Equity 26.321 20.057 15.992 12.492 24.476
Total Common Shares Outstanding 93.734 86.3171 47.5952 25.7295 24.6196
Total Preferred Shares Outstanding 0.00941 0.00941 0.00941 0.00941 0.00941
Other Long Term Assets, Total 0 0.067 0.067 0.082 2.37
Other Current Liabilities, Total 0.614 0.557 0 0.277
Other Equity, Total 0 0.68
Mar 2022 Dec 2021 Sep 2021 Jun 2021 Mar 2021
Total Current Assets 28.827 24.705 26.221 21.625 20.443
Cash and Short Term Investments 0.122 0.049 0.941 0.654 0.155
Cash 0.122 0.049 0.941 0.654 0.155
Total Receivables, Net 6.296 6.116 7.771 5.283 5.733
Accounts Receivable - Trade, Net 5.161 5.183 6.945 4.543 5.032
Total Inventory 20.848 17.049 15.514 13.701 12.445
Prepaid Expenses 1.561 1.491 1.995 1.987 2.11
Total Assets 30.391 26.321 27.733 23.199 22.076
Property/Plant/Equipment, Total - Net 0.94 0.992 0.824 0.886 0.949
Property/Plant/Equipment, Total - Gross 1.553 1.553 1.322 1.321 1.328
Accumulated Depreciation, Total -0.613 -0.561 -0.498 -0.435 -0.379
Intangibles, Net 0.624 0.624 0.621 0.621 0.617
Other Long Term Assets, Total 0 0.067 0.067 0.067
Total Current Liabilities 25.425 21.724 19.119 11.155 14.745
Accounts Payable 16.359 10.434 8.87 6.545 8.134
Accrued Expenses 0.856 0.447 1.138 0.872 0.593
Notes Payable/Short Term Debt 7.475 10.229 8.255 2.939 4.256
Current Port. of LT Debt/Capital Leases 0 0 0 0.728
Other Current Liabilities, Total 0.735 0.614 0.856 0.799 1.034
Total Liabilities 25.775 22.118 19.556 11.633 15.306
Total Long Term Debt 0 0 0 0 0.043
Long Term Debt 0 0 0 0.043
Other Liabilities, Total 0.35 0.394 0.437 0.478 0.518
Total Equity 4.616 4.203 8.177 11.566 6.77
Preferred Stock - Non Redeemable, Net 0.094 0.094 0.094 0.094 0.094
Common Stock 0.011 0.009 0.009 0.009 0.009
Additional Paid-In Capital 112.628 107.237 106.345 105.847 97.904
Retained Earnings (Accumulated Deficit) -108.117 -103.137 -98.271 -94.384 -91.237
Total Liabilities & Shareholders’ Equity 30.391 26.321 27.733 23.199 22.076
Total Common Shares Outstanding 112.552 93.734 93.6679 93.6014 86.8079
Total Preferred Shares Outstanding 0.00941 0.00941 0.00941 0.00941 0.00941
  • Annual
  • Quarterly
2021 2020 2019 2018 2017
Net income/Starting Line -16.402 -10.177 -16.112 -10.325 -18.373
Cash From Operating Activities -17.589 -9.496 -18.161 -9.258 -3.422
Cash From Operating Activities 0.143 0.088 0.061 0.086 0.551
Non-Cash Items 1.586 2.351 2.372 2.609 12.584
Cash Interest Paid 0.43 1.74 0.498 1.351 1.806
Changes in Working Capital -2.916 -1.758 -4.482 -1.628 1.816
Cash From Investing Activities -0.335 -0.161 -0.277 0.942 -0.813
Capital Expenditures -0.326 -0.122 -0.322 -0.159 -0.813
Cash From Financing Activities 17.378 9.339 18.727 -3.187 15.911
Issuance (Retirement) of Stock, Net 7.344 16.583 22.706 0.832 14.737
Issuance (Retirement) of Debt, Net 10.227 -7.114 -3.849 -3.628 0.897
Net Change in Cash -0.546 -0.318 0.289 -11.503 11.676
Financing Cash Flow Items -0.193 -0.13 -0.13 -0.391 0.277
Other Investing Cash Flow Items, Total -0.009 -0.039 0.045 1.101
Mar 2022 Dec 2021 Sep 2021 Jun 2021 Mar 2021
Net income/Starting Line -4.98 -16.402 -11.536 -7.649 -4.507
Cash From Operating Activities -2.207 -17.589 -15.305 -10.309 -5.059
Cash From Operating Activities 0.025 0.143 0.18 0.117 0.056
Non-Cash Items 0.859 1.586 0.798 0.378 0.485
Cash Interest Paid 0.256 0.43 0.258 0.149 0.07
Changes in Working Capital 1.889 -2.916 -4.747 -3.155 -1.093
Cash From Investing Activities 0 -0.335 -0.101 -0.101 -0.097
Capital Expenditures 0 -0.326 -0.095 -0.095 -0.095
Other Investing Cash Flow Items, Total 0 -0.009 -0.006 -0.006 -0.002
Cash From Financing Activities 2.28 17.378 15.752 10.469 4.716
Financing Cash Flow Items -0.081 -0.193 0.155 0.184 0.459
Issuance (Retirement) of Stock, Net 5.065 7.344 7.344 7.348 0.003
Issuance (Retirement) of Debt, Net -2.704 10.227 8.253 2.937 4.254
Net Change in Cash 0.073 -0.546 0.346 0.059 -0.44

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Reed’s Company profile

About Reed's, Inc.

Reed's Inc. owns a portfolio of handcrafted, all-natural beverages, which sells in approximately 40,000 outlets nationwide, including the natural and specialty food channel, grocery stores, mass merchants, drug stores, convenience stores, club stores and on-premises locations, including bars and restaurants. The Company’s brands include Reed’s Craft Ginger Beer and Reed’s Real Ginger Ale, and Virgil’s Handcrafted soda. The Company's products include Reed’s Original Ginger Beer, Reed’s Premium Ginger Beer, Reed’s Extra Ginger Beer, Reed’s Strongest Ginger Beer, Reed’s Zero Sugar Extra Ginger Beer, Reed’s Real Ginger Ale, Reed’s Zero Sugar Real Ginger Ale, Reed’s Wellness Ginger Shots, Reed’s Zero Sugar Classic Mule, as well as Virgil’s Handcrafted Sodas includes Handcrafted Line and Zero Sugar Line.

Financial summary

BRIEF: For the nine months ended 30 September 2021, Reed's, Inc. revenues increased 19% to $36.8M. Net loss applicable to common stockholders increased 67% to $11.5M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Delivery and handling expense increase of 80% to $8.9M (expense), Selling and marketing expences increase of 47% to $6.2M (expense).

Equity composition

Common Stock $.0001 Par, 3/11, 19.5M auth., 10,800,350 issd. Insiders & Stakeholders own 30.75%. IPO: 12/12/2006 2Mshs. @ $4by US Euro Securities, Inc. & Brookstreet Securities Corpn. Preferred stock $10Par, 500K auth., Ser.A 46,621 issd., Preferred stock $10Par,500K auth., Ser.B 85,766 issd.,

Industry: Carbonated Soft Drinks

201 Merritt 7 Corporate Park,
NORWALK
CONNECTICUT 06851
US

Income Statement

  • Annual
  • Quarterly

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