NuZee, Inc. (NUZE)

NASDAQ: NUZE · IEX Real-Time Price · USD
1.990
-0.060 (-2.93%)
At close: Feb 20, 2024, 3:59 PM
2.000
+0.010 (0.50%)
After-hours: Feb 20, 2024, 4:00 PM EST
-2.93%
Market Cap 2.55M
Revenue (ttm) 3.35M
Net Income (ttm) -8.75M
Shares Out 1.28M
EPS (ttm) -11.95
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 34,072
Open 2.020
Previous Close 2.050
Day's Range 1.945 - 2.250
52-Week Range 1.480 - 13.400
Beta 1.93
Analysts Strong Buy
Price Target 24.00 (+1,106.03%)
Earnings Date Mar 5, 2024

About NUZE

NuZee, Inc., together with its subsidiaries, manufactures, packs, and sells single-serve pour-over coffee and tea bag-style coffee for coffee roasters and food service companies in North America and South Korea. The company sells its products under Coffee Blenders, Twin Peaks, DRIPKIT, and Stone Brewing brand names. NuZee, Inc. was incorporated in 2011 and is headquartered in Vista, California. [Read more]

Industry Packaged Foods
IPO Date Jun 19, 2020
Employees 33
Stock Exchange NASDAQ
Ticker Symbol NUZE
Full Company Profile

Financial Performance

In 2023, NuZee's revenue was $3.35 million, an increase of 7.71% compared to the previous year's $3.11 million. Losses were -$8.75 million, -25.84% less than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for NUZE stock is "Strong Buy" and the 12-month stock price forecast is $24.0.

Price Target
$24.0
(1,106.03% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

NuZee, Inc. Announces Extension for Filing of Form 10-Q

RICHARDSON, Texas, Feb. 14, 2024 /PRNewswire/ -- NuZee, Inc. (NASDAQ: NUZE), a leading coffee co-packing and technology company, today announced that it has filed a Form 12b-25 with the Securities and...

6 days ago - PRNewsWire

NuZee, Inc. Announces Receipt of NASDAQ Notification

VISTA, Calif. , Jan. 26, 2024 /PRNewswire/ -- NuZee, Inc. (NASDAQ: NUZE), a leading coffee co-packing and technology company, today announced that it has received a notice (the "Notice") from the List...

25 days ago - PRNewsWire

NuZee, Inc. Reports Full-Year Fiscal 2023 Financial Results

VISTA, Calif. , Jan. 17, 2024 /PRNewswire/ -- NuZee, Inc. ("NuZee" or the "Company")(NASDAQ: NUZE), a leading coffee co-packing and technology company, today announced its full-year fiscal 2023 financ...

4 weeks ago - PRNewsWire

NuZee, Inc. Announces Delay in Filing Form 10-K

RICHARDSON, Texas , Dec. 29, 2023 /PRNewswire/ -- NuZee, Inc. (NASDAQ: NUZE), a leading coffee co-packing and technology company, today announced that it has filed a Form 12b-25 with the Securities an...

7 weeks ago - PRNewsWire

NuZee, Inc. Appoints Randell Weaver as President and Chief Operating Officer

RICHARDSON, Texas , Dec. 12, 2023 /PRNewswire/ -- NuZee, Inc. (NASDAQ: NUZE), a leading coffee co-packing and technology company, today announced Randell Weaver has been appointed to serve as the comp...

2 months ago - PRNewsWire

NuZee, Inc. Announces Full Exercise and Closing of Over-Allotment Option in Connection with its Underwritten Public Offering

RICHARDSON, Texas , Dec. 5, 2023 /PRNewswire/ -- NuZee, Inc. (NASDAQ: NUZE), a leading  coffee co-packing and technology company, today announced that it has completed the sale of an additional 63,750...

2 months ago - PRNewsWire

NuZee Announces Closing of $1.275 Million Underwritten Public Offering of Common Stock

PLANO, Texas , Oct. 20, 2023 /PRNewswire/ -- NuZee, Inc. (NASDAQ: NUZE), a leading  coffee co-packing and technology company, today announced the closing of its previously announced underwritten publi...

4 months ago - PRNewsWire

NuZee Prices $1.275 Million Underwritten Public Offering of Common Stock

RICHARDSON, Texas , Oct. 18, 2023 /PRNewswire/ -- NuZee, Inc. (NASDAQ: NUZE), a leading  coffee co-packing and technology company, today announced the pricing of its underwritten public offering of 42...

4 months ago - PRNewsWire

NuZee Announces Proposed Public Offering of Common Stock

RICHARDSON, Texas , Oct. 17, 2023 /PRNewswire/ -- NuZee, Inc. (NASDAQ: NUZE), a leading  coffee co-packing and technology company, today announced it has commenced a firm commitment underwritten publi...

4 months ago - PRNewsWire

Jimmy Butler's BIGFACE Brand Launches Single Serve Pour-Over Coffee in Partnership with NuZee Subsidiary Dripkit

DOUBLESTAR blend featuring Ethiopian coffee in new Dripkit format will be available in October RICHARDSON, Texas , Oct. 11, 2023 /PRNewswire/ -- NuZee, Inc. (Nasdaq: NUZE), a leading coffee co-packing...

4 months ago - PRNewsWire

NuZee to Present at the LD Micro Invitational XVI 2023 Conference

RICHARDSON, Texas , Oct. 4, 2023 /PRNewswire/ -- NuZee, Inc. (Nasdaq: NUZE), a leading coffee co-packing and technology company, announced today that Masa Higashida, Chief Executive Officer, and Randy...

4 months ago - PRNewsWire

NuZee Subsidiary Dripkit Coffee Launches La Colombe Coffee Roasters Single Serve Pour Over Dripkit

Co-branded kit will feature La Colombe's best-selling Nizza Medium Roast Coffee RICHARDSON, Texas , Oct. 3, 2023 /PRNewswire/ -- Dripkit Coffee, a division of NuZee, Inc. (NASDAQ: NUZE), a leading cof...

5 months ago - PRNewsWire

NuZee Announces Expanded Customer Relationship with Potential $2 Million of Incremental Annual Revenue and Entrance into Bagged Coffee Market

RICHARDSON, Texas , Sept. 26, 2023 /PRNewswire/ -- NuZee, Inc. (Nasdaq: NUZE), a leading coffee co-packing and technology company, today announced an expanded relationship with one of its largest cust...

5 months ago - PRNewsWire

NuZee Subsidiary Dripkit to Launch Two Single-Serve Pour-Overs for Texas-Based Merit Coffee Co.

Best-selling Lucem and Andino Leal blends in new Dripkit format will be available in mid-November RICHARDSON, Texas , Sept. 19, 2023 /PRNewswire/ -- NuZee, Inc. (Nasdaq: NUZE, $NUZE), a leading coffee...

5 months ago - PRNewsWire

NuZee Subsidiary Dripkit Coffee Partners with The Junto Hotel for Ohio State-Themed In-Room Coffee Solution

RICHARDSON, Texas , Aug. 17, 2023 /PRNewswire/ -- Dripkit Coffee, a leading single-serve pour over solution for a variety of roasters and wholly owned subsidiary of NuZee Inc. (Nasdaq: NUZE), is teami...

6 months ago - PRNewsWire

NuZee Appoints Experienced Finance and CPG Professional Randell Weaver as Chief Financial Officer

RICHARDSON, Texas , Aug. 15, 2023 /PRNewswire/ -- NuZee, Inc. (Nasdaq: NUZE), a leading coffee co-packing and technology company, today announces the appointment of Randell Weaver as its chief financi...

6 months ago - PRNewsWire

NuZee Announces Collaboration with Utah-Based Wasatch Roasting Company

Leading Coffee Co-Packer to Provide Innovative Single-Serve Pour-Over Packaging for Coffee Roaster RICHARDSON, Texas , July 18, 2023 /PRNewswire/ -- NuZee, Inc. (Nasdaq: NUZE), a leading coffee co-pac...

7 months ago - PRNewsWire

NuZee, Inc. To Ring Nasdaq Opening Bell on Friday July 7, 2023

RICHARDSON, Texas , June 30, 2023 /PRNewswire/ -- NuZee, Inc. (Nasdaq: NUZE) ("Company"), a leading coffee co-packing and technology company, today announced that its CEO, Masa Higashida, will ring th...

8 months ago - PRNewsWire

NuZee, Inc. Secures Agreement with Renowned CORBEROSA PREMIUM AIR-ROASTED COFFEE to Produce Its Proprietary Brew Bag Format for Hospitality Clients

Demand for NuZee's innovative brew bag format continues to drive growth RICHARDSON, Texas , June 20, 2023 /PRNewswire/ -- NuZee, Inc. (Nasdaq: NUZE), a leading coffee co-packing and technology company...

8 months ago - PRNewsWire

Whole Foods Markets Carrying Vesta Coffee Single Serve Coffee Brew Bags Manufactured By NuZee, Inc.

Company Grows its Footprint in Major Retailers, Brew Bags Launched in approximately 36 Whole Foods Locations Across the U.S. RICHARDSON, Texas , June 7, 2023 /PRNewswire/ -- NuZee, Inc. (Nasdaq: NUZE)...

9 months ago - PRNewsWire

NuZee Announces Receipt of Purchase Order from Ethical Bean Coffee

Co-packing growth continues, Company now serves over 200 brands RICHARDSON, Texas , May 30, 2023 /PRNewswire/ -- NuZee, Inc. (NASDAQ: NUZE), a leading coffee co-packing and technology company, announc...

9 months ago - PRNewsWire

NuZee to Present at the LD Micro Invitational XIII 2023 Conference - New Date and Time

RICHARDSON, Texas , May 26, 2023 /PRNewswire/ -- NuZee, Inc. (NASDAQ: NUZE), a leading coffee technology and co-packing company, announced today that Masa Higashida, Chief Executive Officer and Travis...

9 months ago - PRNewsWire

NuZee to Present at the LD Micro Invitational XIII 2023 Conference

RICHARDSON, Texas , May 25, 2023 /PRNewswire/ -- NuZee, Inc. (NASDAQ: NUZE), a leading coffee technology and co-packing company, announced today that Masa Higashida, Chief Executive Officer and Travis...

9 months ago - PRNewsWire

NuZee to Present at the Investor Summit

RICHARDSON, Texas , May 23, 2023 /PRNewswire/ -- NuZee, Inc. (NASDAQ: NUZE), a leading coffee co-packing company, announced today that CEO Masa Higashida will present a corporate overview at the Inves...

9 months ago - PRNewsWire

NuZee to Present at the Planet MicroCap Showcase: VEGAS 2023

RICHARDSON, TEXAS, April 17, 2023 /PRNewswire/ -- NuZee, Inc. (NASDAQ: NUZE), a leading coffee co-packing company, announces today that CEO Masa Higashida will present a corporate overview at the Plan...

11 months ago - PRNewsWire