Splash Beverage Group, Inc. (SBEV) 10-Year Financial Performance & Capital Metrics

SBEV • • Industrial / General

Consumer DefensiveAlcoholic BeveragesPremium Spirits & Tequila BrandsPremium Tequila & E-commerce Platforms

AboutSplash Beverage Group, Inc. engages in the manufacturing, distribution, marketing, and sale of various beverages in the United States. Its products include flavored tequilas under the SALT Naturally Flavored Tequila name; hydration and recovery isotonic sport drink under the TapouT Performance name; wine under the Copa di Vino name; and Pulpoloco Sangria. The company also sells beverages and groceries online through qplash.com. Splash Beverage Group, Inc. is based in Fort Lauderdale, Florida.Show more

Revenue $4M -78.0%
EBITDA -$16M -5.2%
Net Income -$24M -13.1%
EPS (Diluted) -17.68 -3508.2%
Gross Margin 8.55% -71.0%
EBITDA Margin -373.17% -377.2%
Operating Margin -386.17% -376.2%
Net Margin -571.73% -413.1%
ROE -
ROIC -
Debt/Equity -
Interest Coverage -2.17 +19.1%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 32.5%
✓Share count reduced 96.8% through buybacks
✓Efficient asset utilization: 1.5x turnover

✗Weaknesses

✗Weak Piotroski F-Score: 2/9
✗Negative free cash flow
✗Weak momentum: RS Rating 3 (bottom 3%)
✗Low quality earnings: Net income not backed by cash flow
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y21.23%

5Y32.49%

3Y-28.39%

TTM-83.63%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-50.01%

EPS CAGR

10Y-

5Y-

3Y-

TTM-1280%

ROCE

10Y Avg-596.97%

5Y Avg-501.95%

3Y Avg-300.34%

Latest-

Peer Comparison

Premium Tequila & E-commerce Platforms

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
SBEVSplash Beverage Group, Inc.	2.14M	0.77	-0.04	-77.96%	-30.34%	-458.41%
YHCLQR House Inc.	20.49M	0.96	-0.23	123.24%	-17.2%	-132.23%

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	897.34K	1.01M	895.35K	1.31M	1.02M	2.3M	11.32M	18.09M	18.85M	4.16M
Revenue Growth %	0.48%	0.13%	-0.12%	0.46%	-0.22%	1.26%	3.92%	0.6%	0.04%	-0.78%
Cost of Goods Sold+	426.98K	484.91K	440.42K	605.27K	508.87K	1.94M	8.73M	12.17M	13.28M	3.8M
COGS % of Revenue	0.48%	0.48%	0.49%	0.46%	0.5%	0.84%	0.77%	0.67%	0.7%	0.91%
Gross Profit+	470.36K	527.38K	454.93K	703.9K	508.96K	363.59K	2.58M	5.92M	5.57M	355.45K
Gross Margin %	0.52%	0.52%	0.51%	0.54%	0.5%	0.16%	0.23%	0.33%	0.3%	0.09%
Gross Profit Growth %	0.34%	0.12%	-0.14%	0.55%	-0.28%	-0.29%	6.1%	1.29%	-0.06%	-0.94%
Operating Expenses+	451.46K	577.38K	612.13K	637.23K	979.36K	18.03M	31.66M	27.31M	20.86M	16.4M
OpEx % of Revenue	0.5%	0.57%	0.68%	0.49%	0.96%	7.84%	2.8%	1.51%	1.11%	3.95%
Selling, General & Admin	421.7K	521.62K	1.07M	3M	915.6K	12.42M	30.08M	25.81M	19.45M	15.47M
SG&A % of Revenue	0.47%	0.52%	1.2%	2.29%	0.9%	5.4%	2.66%	1.43%	1.03%	3.72%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	29.76K	55.76K	71.92K	62.83K	63.76K	5.61M	1.58M	1.51M	1.4M	928.38K
Operating Income+	18.9K	-50K	-157.21K	66.67K	-470.4K	-17.66M	-29.08M	-21.39M	-15.29M	-16.05M
Operating Margin %	0.02%	-0.05%	-0.18%	0.05%	-0.46%	-7.68%	-2.57%	-1.18%	-0.81%	-3.86%
Operating Income Growth %	1.68%	-3.65%	-2.14%	1.42%	-8.06%	-36.55%	-0.65%	0.26%	0.29%	-0.05%
EBITDA+	43.04K	5.76K	-85.29K	129.5K	-397.42K	-17.52M	-28.85M	-20.45M	-14.74M	-15.51M
EBITDA Margin %	0.05%	0.01%	-0.1%	0.1%	-0.39%	-7.62%	-2.55%	-1.13%	-0.78%	-3.73%
EBITDA Growth %	29.75%	-0.87%	-15.81%	2.52%	-4.07%	-43.1%	-0.65%	0.29%	0.28%	-0.05%
D&A (Non-Cash Add-back)	24.14K	55.76K	71.92K	62.83K	72.97K	137.15K	230.27K	940.11K	545.98K	540.3K
EBIT	24.52K	-44.17K	-143.07K	73.92K	-4.47M	-17.61M	-28.9M	-21.39M	-15.31M	-16.38M
Net Interest Income+	-5.37K	-4.67K	-4.46K	-5.71K	-7.88K	-1.98M	-442.16K	-245.43K	-5.69M	-7.38M
Interest Income	0	0	0	0	501	8	643	6.07K	2.63K	1.99K
Interest Expense	5.37K	4.67K	4.46K	5.71K	8.38K	1.98M	442.81K	251.5K	5.69M	7.38M
Other Income/Expense	254	1.16K	9.67K	1.53K	-6.84K	-1.93M	-262.45K	-245.43K	-5.72M	-7.71M
Pretax Income+	19.15K	-48.85K	-147.53K	68.21K	-477.23K	-19.59M	-29.35M	-21.64M	-21M	-23.76M
Pretax Margin %	0.02%	-0.05%	-0.16%	0.05%	-0.47%	-8.52%	-2.59%	-1.2%	-1.11%	-5.72%
Income Tax+	0	0	0	0	0	0	0	0	0	0
Effective Tax Rate %	1%	1%	1%	1%	10.76%	1.46%	0.99%	1.01%	1%	1%
Net Income+	19.15K	-48.85K	-147.53K	68.21K	-5.14M	-28.67M	-29.05M	-21.84M	-21M	-23.76M
Net Margin %	0.02%	-0.05%	-0.16%	0.05%	-5.05%	-12.47%	-2.57%	-1.21%	-1.11%	-5.72%
Net Income Growth %	1.64%	-3.55%	-2.02%	1.46%	-76.3%	-4.58%	-0.01%	0.25%	0.04%	-0.13%
Net Income (Continuing)	19.15K	-48.85K	-147.53K	68.21K	-477.23K	-19.59M	-29.35M	-21.64M	-21M	-23.76M
Discontinued Operations	0	0	0	0	0	-9.09M	294.55K	-199.15K	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.01	-0.01	-0.04	0.02	-0.12	-4.96	-1.02	-0.58	-0.49	-17.68
EPS Growth %	-	-	-2.02%	1.46%	-7.67%	-40.33%	0.79%	0.43%	0.16%	-35.08%
EPS (Basic)	0.01	-0.01	-0.04	0.02	-0.12	-1.55	-1.02	-0.58	-0.49	-17.68
Diluted Shares Outstanding	3.76M	3.76M	3.76M	3.8M	3.94M	6.18M	28.9M	37.39M	42.45M	1.34M
Basic Shares Outstanding	3.76M	3.76M	3.76M	3.8M	3.92M	19.47M	28.9M	37.39M	42.45M	1.34M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	196K	293.14K	194.39K	349.67K	382.21K	2.24M	8.34M	10.66M	3.98M	1.9M
Cash & Short-Term Investments	7.34K	61.66K	17.92K	6.98K	23.32K	380K	4.18M	4.43M	379.98K	15.35K
Cash Only	7.34K	61.66K	17.92K	6.98K	23.32K	380K	4.18M	4.43M	379.98K	15.35K
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	167.06K	206.25K	151.26K	300.99K	309.62K	575.78K	1.16M	2.16M	1.12M	631.63K
Days Sales Outstanding	67.95	74.37	61.66	83.92	111.03	91.37	37.3	43.52	21.77	55.48
Inventory	21.59K	25.23K	25.21K	41.7K	30.56K	798.27K	1.92M	3.72M	2.25M	893.06K
Days Inventory Outstanding	18.46	18.99	20.89	25.14	21.92	150.46	80.38	111.62	61.9	85.79
Other Current Assets	0	0	0	0	18.72K	316.57K	473.46K	0	0	0
Total Non-Current Assets+	43.75K	62.19K	46.64K	58.63K	43.84K	6.98M	8.04M	6.65M	5.92M	855.07K
Property, Plant & Equipment	43.75K	62.19K	46.64K	58.63K	43.84K	981.34K	1.6M	1.24M	905.94K	556.14K
Fixed Asset Turnover	20.51x	16.28x	19.20x	22.33x	23.21x	2.34x	7.07x	14.59x	20.81x	7.47x
Goodwill	0	0	0	0	0	5.67M	256.82K	256.82K	256.82K	0
Intangible Assets	0	0	0	0	0	219.51K	5.6M	4.85M	4.46M	0
Long-Term Investments	0	0	0	0	0	250K	250K	250K	250K	250K
Other Non-Current Assets	0	0	0	0	0	-141.83K	0	49.29K	49.45K	48.92K
Total Assets+	239.75K	355.33K	241.03K	408.3K	426.06K	9.23M	16.39M	17.3M	9.9M	2.76M
Asset Turnover	3.74x	2.85x	3.71x	3.21x	2.39x	0.25x	0.69x	1.05x	1.90x	1.51x
Asset Growth %	0.44%	0.48%	-0.32%	0.69%	0.04%	20.65%	0.78%	0.06%	-0.43%	-0.72%
Total Current Liabilities+	220.06K	290.36K	299.88K	405.46K	643.1K	5.42M	6.48M	4.97M	14.75M	19.37M
Accounts Payable	135.21K	209.07K	226.21K	331.03K	353.85K	1.52M	1.91M	3.38M	4.44M	5.23M
Days Payables Outstanding	115.58	157.37	187.47	199.62	253.81	286.83	79.96	101.48	122.14	502.6
Short-Term Debt	84.85K	81.29K	73.67K	74.42K	270.54K	2.43M	3.71M	1.08M	8.33M	10.22M
Deferred Revenue (Current)	0	-209.07K	-226.21K	-331.03K	-551.7K	811.65K	561.95K	0	0	0
Other Current Liabilities	0	0	0	0	551.7K	148.89K	-172.87K	91.8K	0	0
Current Ratio	0.89x	1.01x	0.65x	0.86x	0.59x	0.41x	1.29x	2.15x	0.27x	0.10x
Quick Ratio	0.79x	0.92x	0.56x	0.76x	0.55x	0.27x	0.99x	1.40x	0.12x	0.05x
Cash Conversion Cycle	-29.17	-64.01	-104.92	-90.56	-120.85	-45.01	37.72	53.66	-38.46	-361.33
Total Non-Current Liabilities+	21.17K	25.3K	14.01K	5.5K	2.06K	3.91M	1.03M	3.02M	753.78K	2.02M
Long-Term Debt	21.17K	25.3K	14.01K	5.5K	2.06K	1.91M	300K	2.54M	457.66K	1.97M
Capital Lease Obligations	0	0	0	0	0	25.52K	732.69K	480.67K	296.13K	53.7K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	0	0	0	1.98M	0	0	0	0
Total Liabilities	241.23K	315.67K	313.89K	410.95K	645.17K	9.33M	7.51M	7.98M	15.5M	21.39M
Total Debt+	106.02K	106.6K	87.68K	79.92K	291.32K	4.42M	5.04M	4.37M	9.35M	12.55M
Net Debt	98.68K	44.94K	69.76K	72.94K	268K	4.04M	856.76K	-65.75K	8.97M	12.54M
Debt / Equity	-	2.69x	-	-	-	-	0.57x	0.47x	-	-
Debt / EBITDA	2.46x	18.51x	-	0.62x	-	-	-	-	-	-
Net Debt / EBITDA	2.29x	7.80x	-	0.56x	-	-	-	-	-	-
Interest Coverage	3.52x	-10.70x	-35.22x	11.67x	-56.16x	-8.92x	-65.68x	-85.07x	-2.69x	-2.17x
Total Equity+	-1.49K	39.67K	-72.86K	-2.66K	-219.11K	-102K	8.87M	9.32M	-5.61M	-18.63M
Equity Growth %	0.93%	27.71%	-2.84%	0.96%	-81.4%	0.53%	87.99%	0.05%	-1.6%	-2.32%
Book Value per Share	-0.00	0.01	-0.02	-0.00	-0.06	-0.02	0.31	0.25	-0.13	-13.92
Total Shareholders' Equity	-1.49K	39.67K	-72.86K	-2.66K	-219.11K	-102K	8.87M	9.32M	-5.61M	-18.63M
Common Stock	118.52K	208.51K	243.51K	245.51K	345.51K	21.16K	33.6K	41.09K	44.33K	1.67K
Retained Earnings	-120K	-168.85K	-316.38K	-248.17K	-725.41K	-61.59M	-90.64M	-112.33M	-133.33M	-155.83M
Treasury Stock	0	0	-150K	0	-50K	0	0	0	0	0
Accumulated OCI	0	-76.2K	-93.16K	-92.91K	0	0	0	-20.47K	-16.58K	81.18K
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	13.07K	32.11K	-17.6K	62.39K	-228.41K	-23.1M	-15.13M	-14.09M	-10.19M	-8M
Operating CF Margin %	0.01%	0.03%	-0.02%	0.05%	-0.22%	-10.05%	-1.34%	-0.78%	-0.54%	-1.93%
Operating CF Growth %	9.75%	1.46%	-1.55%	4.55%	-4.66%	-100.16%	0.35%	0.07%	0.28%	0.21%
Net Income	19.15K	-48.85K	-147.53K	68.21K	-477.23K	-28.67M	-29.05M	-21.71M	-21M	-23.76M
Depreciation & Amortization	24.14K	49.93K	57.78K	55.58K	62.72K	194.83K	111.57K	936.02K	549.45K	877.52K
Stock-Based Compensation	0	0	72.19K	1.66M	160.79K	2.33M	11.13M	7.41M	1.17M	2.36M
Deferred Taxes	0	0	0	0	-1.73M	-9.79K	6.93M	-7.41M	0	0
Other Non-Cash Items	84.12K	74.67K	57.54K	179.8K	1.73M	3.97M	-2.03M	7.37M	3.83M	7.67M
Working Capital Changes	-30.22K	31.02K	72.16K	-61.39K	25.32K	-909.93K	-2.22M	-692.75K	5.26M	4.85M
Change in Receivables	-86.88K	-39.19K	54.99K	-149.73K	-8.63K	-385.3K	-629.59K	-697.66K	921.48K	493.78K
Change in Inventory	-7.28K	-3.64K	22	-16.49K	11.14K	-220.31K	-1.13M	-1.8M	1.47M	1.36M
Change in Payables	63.94K	73.86K	17.14K	160.61K	-127.17K	-64.36K	446.15K	1.59M	1.06M	1.16M
Cash from Investing+	-20.59K	-52.08K	-42.23K	-67.57K	-47.94K	-780.25K	0	-102.7K	-14.11K	-3.23K
Capital Expenditures	-20.59K	-58.42K	-58.27K	-75.63K	-54.38K	-91.07K	0	-102.7K	-14.11K	-3.23K
CapEx % of Revenue	0.02%	0.06%	0.07%	0.06%	0.05%	0.04%	-	0.01%	0%	0%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	6.35K	16.05K	8.06K	6.45K	-11.63K	0	0	0	0
Cash from Financing+	-10.05K	74.28K	16.09K	-5.76K	292.68K	22.49M	18.93M	14.45M	6.15M	7.54M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	0	0	0	197.85K	-46.25K	48.51K	-390.5K	580K	9K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-7.51K	-26.31K	-75.87K	-13.24K	-282.79K	-23.2M	-15.13M	-14.2M	-10.2M	-8.01M
FCF Margin %	-0.01%	-0.03%	-0.08%	-0.01%	-0.28%	-10.08%	-1.34%	-0.78%	-0.54%	-1.93%
FCF Growth %	0.74%	-2.5%	-1.88%	0.83%	-20.36%	-81.03%	0.35%	0.06%	0.28%	0.22%
FCF per Share	-0.00	-0.01	-0.02	-0.00	-0.07	-3.75	-0.52	-0.38	-0.24	-5.98
FCF Conversion (FCF/Net Income)	0.68x	-0.66x	0.12x	0.91x	0.04x	0.81x	0.52x	0.65x	0.49x	0.34x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-255.85%	-	-	-	-	-662.41%	-240.05%	-1130.2%	-
Return on Invested Capital (ROIC)	16.9%	-41.25%	-289.33%	148.88%	-592.06%	-664.03%	-319.11%	-169.03%	-181.75%	-
Gross Margin	52.42%	52.1%	50.81%	53.77%	50%	15.81%	22.81%	32.72%	29.54%	8.55%
Net Margin	2.13%	-4.83%	-16.48%	5.21%	-504.57%	-1246.65%	-256.72%	-120.74%	-111.42%	-571.73%
Debt / Equity	-	2.69x	-	-	-	-	0.57x	0.47x	-	-
Interest Coverage	3.52x	-10.70x	-35.22x	11.67x	-56.16x	-8.92x	-65.68x	-85.07x	-2.69x	-2.17x
FCF Conversion	0.68x	-0.66x	0.12x	0.91x	0.04x	0.81x	0.52x	0.65x	0.49x	0.34x
Revenue Growth	48.1%	12.81%	-11.55%	46.22%	-22.25%	125.98%	391.97%	59.84%	4.22%	-77.96%

Revenue by Segment

	2020	2021	2022	2023	2024
Splash Beverage Group	404.13K	4.46M	4.76M	5.07M	3.51M
Splash Beverage Group Growth	-	1003.46%	6.73%	6.57%	-30.82%
E Commerce	-	-	13.33M	13.78M	646.15K
E Commerce Growth	-	-	-	3.37%	-95.31%
E-Commerce	1.9M	6.86M	-	-	-
E-Commerce Growth	-	261.52%	-	-	-
Medical Devices (Discontinued)	675.21K	-	-	-	-
Medical Devices (Discontinued) Growth	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Splash Beverage Group, Inc. (SBEV) reported $1.0M in revenue for fiscal year 2024. This represents a 115% increase from $0.5M in 2013.

Splash Beverage Group, Inc. (SBEV) saw revenue decline by 78.0% over the past year.

Splash Beverage Group, Inc. (SBEV) reported a net loss of $31.1M for fiscal year 2024.

Dividend & Returns

Splash Beverage Group, Inc. (SBEV) had negative free cash flow of $1.8M in fiscal year 2024, likely due to heavy capital investments.

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Splash Beverage Group, Inc. (SBEV) 10-Year Financial Performance & Capital Metrics

SBEV • • Industrial / General

Consumer DefensiveAlcoholic BeveragesPremium Spirits & Tequila BrandsPremium Tequila & E-commerce Platforms

Revenue $4M -78.0%
EBITDA -$16M -5.2%
Net Income -$24M -13.1%
EPS (Diluted) -17.68 -3508.2%
Gross Margin 8.55% -71.0%
EBITDA Margin -373.17% -377.2%
Operating Margin -386.17% -376.2%
Net Margin -571.73% -413.1%
ROE -
ROIC -
Debt/Equity -
Interest Coverage -2.17 +19.1%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 32.5%
✓Share count reduced 96.8% through buybacks
✓Efficient asset utilization: 1.5x turnover

✗Weaknesses

✗Weak Piotroski F-Score: 2/9
✗Negative free cash flow
✗Weak momentum: RS Rating 3 (bottom 3%)
✗Low quality earnings: Net income not backed by cash flow
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y21.23%

5Y32.49%

3Y-28.39%

TTM-83.63%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-50.01%

EPS CAGR

10Y-

5Y-

3Y-

TTM-1280%

ROCE

10Y Avg-596.97%

5Y Avg-501.95%

3Y Avg-300.34%

Latest-

Peer Comparison

Premium Tequila & E-commerce Platforms

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
SBEVSplash Beverage Group, Inc.	2.14M	0.77	-0.04	-77.96%	-30.34%	-458.41%
YHCLQR House Inc.	20.49M	0.96	-0.23	123.24%	-17.2%	-132.23%

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	897.34K	1.01M	895.35K	1.31M	1.02M	2.3M	11.32M	18.09M	18.85M	4.16M
Revenue Growth %	0.48%	0.13%	-0.12%	0.46%	-0.22%	1.26%	3.92%	0.6%	0.04%	-0.78%
Cost of Goods Sold+	426.98K	484.91K	440.42K	605.27K	508.87K	1.94M	8.73M	12.17M	13.28M	3.8M
COGS % of Revenue	0.48%	0.48%	0.49%	0.46%	0.5%	0.84%	0.77%	0.67%	0.7%	0.91%
Gross Profit+	470.36K	527.38K	454.93K	703.9K	508.96K	363.59K	2.58M	5.92M	5.57M	355.45K
Gross Margin %	0.52%	0.52%	0.51%	0.54%	0.5%	0.16%	0.23%	0.33%	0.3%	0.09%
Gross Profit Growth %	0.34%	0.12%	-0.14%	0.55%	-0.28%	-0.29%	6.1%	1.29%	-0.06%	-0.94%
Operating Expenses+	451.46K	577.38K	612.13K	637.23K	979.36K	18.03M	31.66M	27.31M	20.86M	16.4M
OpEx % of Revenue	0.5%	0.57%	0.68%	0.49%	0.96%	7.84%	2.8%	1.51%	1.11%	3.95%
Selling, General & Admin	421.7K	521.62K	1.07M	3M	915.6K	12.42M	30.08M	25.81M	19.45M	15.47M
SG&A % of Revenue	0.47%	0.52%	1.2%	2.29%	0.9%	5.4%	2.66%	1.43%	1.03%	3.72%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	29.76K	55.76K	71.92K	62.83K	63.76K	5.61M	1.58M	1.51M	1.4M	928.38K
Operating Income+	18.9K	-50K	-157.21K	66.67K	-470.4K	-17.66M	-29.08M	-21.39M	-15.29M	-16.05M
Operating Margin %	0.02%	-0.05%	-0.18%	0.05%	-0.46%	-7.68%	-2.57%	-1.18%	-0.81%	-3.86%
Operating Income Growth %	1.68%	-3.65%	-2.14%	1.42%	-8.06%	-36.55%	-0.65%	0.26%	0.29%	-0.05%
EBITDA+	43.04K	5.76K	-85.29K	129.5K	-397.42K	-17.52M	-28.85M	-20.45M	-14.74M	-15.51M
EBITDA Margin %	0.05%	0.01%	-0.1%	0.1%	-0.39%	-7.62%	-2.55%	-1.13%	-0.78%	-3.73%
EBITDA Growth %	29.75%	-0.87%	-15.81%	2.52%	-4.07%	-43.1%	-0.65%	0.29%	0.28%	-0.05%
D&A (Non-Cash Add-back)	24.14K	55.76K	71.92K	62.83K	72.97K	137.15K	230.27K	940.11K	545.98K	540.3K
EBIT	24.52K	-44.17K	-143.07K	73.92K	-4.47M	-17.61M	-28.9M	-21.39M	-15.31M	-16.38M
Net Interest Income+	-5.37K	-4.67K	-4.46K	-5.71K	-7.88K	-1.98M	-442.16K	-245.43K	-5.69M	-7.38M
Interest Income	0	0	0	0	501	8	643	6.07K	2.63K	1.99K
Interest Expense	5.37K	4.67K	4.46K	5.71K	8.38K	1.98M	442.81K	251.5K	5.69M	7.38M
Other Income/Expense	254	1.16K	9.67K	1.53K	-6.84K	-1.93M	-262.45K	-245.43K	-5.72M	-7.71M
Pretax Income+	19.15K	-48.85K	-147.53K	68.21K	-477.23K	-19.59M	-29.35M	-21.64M	-21M	-23.76M
Pretax Margin %	0.02%	-0.05%	-0.16%	0.05%	-0.47%	-8.52%	-2.59%	-1.2%	-1.11%	-5.72%
Income Tax+	0	0	0	0	0	0	0	0	0	0
Effective Tax Rate %	1%	1%	1%	1%	10.76%	1.46%	0.99%	1.01%	1%	1%
Net Income+	19.15K	-48.85K	-147.53K	68.21K	-5.14M	-28.67M	-29.05M	-21.84M	-21M	-23.76M
Net Margin %	0.02%	-0.05%	-0.16%	0.05%	-5.05%	-12.47%	-2.57%	-1.21%	-1.11%	-5.72%
Net Income Growth %	1.64%	-3.55%	-2.02%	1.46%	-76.3%	-4.58%	-0.01%	0.25%	0.04%	-0.13%
Net Income (Continuing)	19.15K	-48.85K	-147.53K	68.21K	-477.23K	-19.59M	-29.35M	-21.64M	-21M	-23.76M
Discontinued Operations	0	0	0	0	0	-9.09M	294.55K	-199.15K	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.01	-0.01	-0.04	0.02	-0.12	-4.96	-1.02	-0.58	-0.49	-17.68
EPS Growth %	-	-	-2.02%	1.46%	-7.67%	-40.33%	0.79%	0.43%	0.16%	-35.08%
EPS (Basic)	0.01	-0.01	-0.04	0.02	-0.12	-1.55	-1.02	-0.58	-0.49	-17.68
Diluted Shares Outstanding	3.76M	3.76M	3.76M	3.8M	3.94M	6.18M	28.9M	37.39M	42.45M	1.34M
Basic Shares Outstanding	3.76M	3.76M	3.76M	3.8M	3.92M	19.47M	28.9M	37.39M	42.45M	1.34M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	196K	293.14K	194.39K	349.67K	382.21K	2.24M	8.34M	10.66M	3.98M	1.9M
Cash & Short-Term Investments	7.34K	61.66K	17.92K	6.98K	23.32K	380K	4.18M	4.43M	379.98K	15.35K
Cash Only	7.34K	61.66K	17.92K	6.98K	23.32K	380K	4.18M	4.43M	379.98K	15.35K
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	167.06K	206.25K	151.26K	300.99K	309.62K	575.78K	1.16M	2.16M	1.12M	631.63K
Days Sales Outstanding	67.95	74.37	61.66	83.92	111.03	91.37	37.3	43.52	21.77	55.48
Inventory	21.59K	25.23K	25.21K	41.7K	30.56K	798.27K	1.92M	3.72M	2.25M	893.06K
Days Inventory Outstanding	18.46	18.99	20.89	25.14	21.92	150.46	80.38	111.62	61.9	85.79
Other Current Assets	0	0	0	0	18.72K	316.57K	473.46K	0	0	0
Total Non-Current Assets+	43.75K	62.19K	46.64K	58.63K	43.84K	6.98M	8.04M	6.65M	5.92M	855.07K
Property, Plant & Equipment	43.75K	62.19K	46.64K	58.63K	43.84K	981.34K	1.6M	1.24M	905.94K	556.14K
Fixed Asset Turnover	20.51x	16.28x	19.20x	22.33x	23.21x	2.34x	7.07x	14.59x	20.81x	7.47x
Goodwill	0	0	0	0	0	5.67M	256.82K	256.82K	256.82K	0
Intangible Assets	0	0	0	0	0	219.51K	5.6M	4.85M	4.46M	0
Long-Term Investments	0	0	0	0	0	250K	250K	250K	250K	250K
Other Non-Current Assets	0	0	0	0	0	-141.83K	0	49.29K	49.45K	48.92K
Total Assets+	239.75K	355.33K	241.03K	408.3K	426.06K	9.23M	16.39M	17.3M	9.9M	2.76M
Asset Turnover	3.74x	2.85x	3.71x	3.21x	2.39x	0.25x	0.69x	1.05x	1.90x	1.51x
Asset Growth %	0.44%	0.48%	-0.32%	0.69%	0.04%	20.65%	0.78%	0.06%	-0.43%	-0.72%
Total Current Liabilities+	220.06K	290.36K	299.88K	405.46K	643.1K	5.42M	6.48M	4.97M	14.75M	19.37M
Accounts Payable	135.21K	209.07K	226.21K	331.03K	353.85K	1.52M	1.91M	3.38M	4.44M	5.23M
Days Payables Outstanding	115.58	157.37	187.47	199.62	253.81	286.83	79.96	101.48	122.14	502.6
Short-Term Debt	84.85K	81.29K	73.67K	74.42K	270.54K	2.43M	3.71M	1.08M	8.33M	10.22M
Deferred Revenue (Current)	0	-209.07K	-226.21K	-331.03K	-551.7K	811.65K	561.95K	0	0	0
Other Current Liabilities	0	0	0	0	551.7K	148.89K	-172.87K	91.8K	0	0
Current Ratio	0.89x	1.01x	0.65x	0.86x	0.59x	0.41x	1.29x	2.15x	0.27x	0.10x
Quick Ratio	0.79x	0.92x	0.56x	0.76x	0.55x	0.27x	0.99x	1.40x	0.12x	0.05x
Cash Conversion Cycle	-29.17	-64.01	-104.92	-90.56	-120.85	-45.01	37.72	53.66	-38.46	-361.33
Total Non-Current Liabilities+	21.17K	25.3K	14.01K	5.5K	2.06K	3.91M	1.03M	3.02M	753.78K	2.02M
Long-Term Debt	21.17K	25.3K	14.01K	5.5K	2.06K	1.91M	300K	2.54M	457.66K	1.97M
Capital Lease Obligations	0	0	0	0	0	25.52K	732.69K	480.67K	296.13K	53.7K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	0	0	0	1.98M	0	0	0	0
Total Liabilities	241.23K	315.67K	313.89K	410.95K	645.17K	9.33M	7.51M	7.98M	15.5M	21.39M
Total Debt+	106.02K	106.6K	87.68K	79.92K	291.32K	4.42M	5.04M	4.37M	9.35M	12.55M
Net Debt	98.68K	44.94K	69.76K	72.94K	268K	4.04M	856.76K	-65.75K	8.97M	12.54M
Debt / Equity	-	2.69x	-	-	-	-	0.57x	0.47x	-	-
Debt / EBITDA	2.46x	18.51x	-	0.62x	-	-	-	-	-	-
Net Debt / EBITDA	2.29x	7.80x	-	0.56x	-	-	-	-	-	-
Interest Coverage	3.52x	-10.70x	-35.22x	11.67x	-56.16x	-8.92x	-65.68x	-85.07x	-2.69x	-2.17x
Total Equity+	-1.49K	39.67K	-72.86K	-2.66K	-219.11K	-102K	8.87M	9.32M	-5.61M	-18.63M
Equity Growth %	0.93%	27.71%	-2.84%	0.96%	-81.4%	0.53%	87.99%	0.05%	-1.6%	-2.32%
Book Value per Share	-0.00	0.01	-0.02	-0.00	-0.06	-0.02	0.31	0.25	-0.13	-13.92
Total Shareholders' Equity	-1.49K	39.67K	-72.86K	-2.66K	-219.11K	-102K	8.87M	9.32M	-5.61M	-18.63M
Common Stock	118.52K	208.51K	243.51K	245.51K	345.51K	21.16K	33.6K	41.09K	44.33K	1.67K
Retained Earnings	-120K	-168.85K	-316.38K	-248.17K	-725.41K	-61.59M	-90.64M	-112.33M	-133.33M	-155.83M
Treasury Stock	0	0	-150K	0	-50K	0	0	0	0	0
Accumulated OCI	0	-76.2K	-93.16K	-92.91K	0	0	0	-20.47K	-16.58K	81.18K
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	13.07K	32.11K	-17.6K	62.39K	-228.41K	-23.1M	-15.13M	-14.09M	-10.19M	-8M
Operating CF Margin %	0.01%	0.03%	-0.02%	0.05%	-0.22%	-10.05%	-1.34%	-0.78%	-0.54%	-1.93%
Operating CF Growth %	9.75%	1.46%	-1.55%	4.55%	-4.66%	-100.16%	0.35%	0.07%	0.28%	0.21%
Net Income	19.15K	-48.85K	-147.53K	68.21K	-477.23K	-28.67M	-29.05M	-21.71M	-21M	-23.76M
Depreciation & Amortization	24.14K	49.93K	57.78K	55.58K	62.72K	194.83K	111.57K	936.02K	549.45K	877.52K
Stock-Based Compensation	0	0	72.19K	1.66M	160.79K	2.33M	11.13M	7.41M	1.17M	2.36M
Deferred Taxes	0	0	0	0	-1.73M	-9.79K	6.93M	-7.41M	0	0
Other Non-Cash Items	84.12K	74.67K	57.54K	179.8K	1.73M	3.97M	-2.03M	7.37M	3.83M	7.67M
Working Capital Changes	-30.22K	31.02K	72.16K	-61.39K	25.32K	-909.93K	-2.22M	-692.75K	5.26M	4.85M
Change in Receivables	-86.88K	-39.19K	54.99K	-149.73K	-8.63K	-385.3K	-629.59K	-697.66K	921.48K	493.78K
Change in Inventory	-7.28K	-3.64K	22	-16.49K	11.14K	-220.31K	-1.13M	-1.8M	1.47M	1.36M
Change in Payables	63.94K	73.86K	17.14K	160.61K	-127.17K	-64.36K	446.15K	1.59M	1.06M	1.16M
Cash from Investing+	-20.59K	-52.08K	-42.23K	-67.57K	-47.94K	-780.25K	0	-102.7K	-14.11K	-3.23K
Capital Expenditures	-20.59K	-58.42K	-58.27K	-75.63K	-54.38K	-91.07K	0	-102.7K	-14.11K	-3.23K
CapEx % of Revenue	0.02%	0.06%	0.07%	0.06%	0.05%	0.04%	-	0.01%	0%	0%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	6.35K	16.05K	8.06K	6.45K	-11.63K	0	0	0	0
Cash from Financing+	-10.05K	74.28K	16.09K	-5.76K	292.68K	22.49M	18.93M	14.45M	6.15M	7.54M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	0	0	0	197.85K	-46.25K	48.51K	-390.5K	580K	9K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-7.51K	-26.31K	-75.87K	-13.24K	-282.79K	-23.2M	-15.13M	-14.2M	-10.2M	-8.01M
FCF Margin %	-0.01%	-0.03%	-0.08%	-0.01%	-0.28%	-10.08%	-1.34%	-0.78%	-0.54%	-1.93%
FCF Growth %	0.74%	-2.5%	-1.88%	0.83%	-20.36%	-81.03%	0.35%	0.06%	0.28%	0.22%
FCF per Share	-0.00	-0.01	-0.02	-0.00	-0.07	-3.75	-0.52	-0.38	-0.24	-5.98
FCF Conversion (FCF/Net Income)	0.68x	-0.66x	0.12x	0.91x	0.04x	0.81x	0.52x	0.65x	0.49x	0.34x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-255.85%	-	-	-	-	-662.41%	-240.05%	-1130.2%	-
Return on Invested Capital (ROIC)	16.9%	-41.25%	-289.33%	148.88%	-592.06%	-664.03%	-319.11%	-169.03%	-181.75%	-
Gross Margin	52.42%	52.1%	50.81%	53.77%	50%	15.81%	22.81%	32.72%	29.54%	8.55%
Net Margin	2.13%	-4.83%	-16.48%	5.21%	-504.57%	-1246.65%	-256.72%	-120.74%	-111.42%	-571.73%
Debt / Equity	-	2.69x	-	-	-	-	0.57x	0.47x	-	-
Interest Coverage	3.52x	-10.70x	-35.22x	11.67x	-56.16x	-8.92x	-65.68x	-85.07x	-2.69x	-2.17x
FCF Conversion	0.68x	-0.66x	0.12x	0.91x	0.04x	0.81x	0.52x	0.65x	0.49x	0.34x
Revenue Growth	48.1%	12.81%	-11.55%	46.22%	-22.25%	125.98%	391.97%	59.84%	4.22%	-77.96%

Revenue by Segment

	2020	2021	2022	2023	2024
Splash Beverage Group	404.13K	4.46M	4.76M	5.07M	3.51M
Splash Beverage Group Growth	-	1003.46%	6.73%	6.57%	-30.82%
E Commerce	-	-	13.33M	13.78M	646.15K
E Commerce Growth	-	-	-	3.37%	-95.31%
E-Commerce	1.9M	6.86M	-	-	-
E-Commerce Growth	-	261.52%	-	-	-
Medical Devices (Discontinued)	675.21K	-	-	-	-
Medical Devices (Discontinued) Growth	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Splash Beverage Group, Inc. (SBEV) reported $1.0M in revenue for fiscal year 2024. This represents a 115% increase from $0.5M in 2013.

Splash Beverage Group, Inc. (SBEV) saw revenue decline by 78.0% over the past year.

Splash Beverage Group, Inc. (SBEV) reported a net loss of $31.1M for fiscal year 2024.

Dividend & Returns

Splash Beverage Group, Inc. (SBEV) had negative free cash flow of $1.8M in fiscal year 2024, likely due to heavy capital investments.