Reborn Coffee, Inc. (REBN)
Market Cap | 3.75M |
Revenue (ttm) | 5.95M |
Net Income (ttm) | -4.00M |
Shares Out | 2.72M |
EPS (ttm) | -0.30 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 61,875 |
Open | 1.510 |
Previous Close | 1.420 |
Day's Range | 1.285 - 1.450 |
52-Week Range | 0.920 - 8.800 |
Beta | n/a |
Analysts | Strong Buy |
Price Target | 16.00 (+1,059.42%) |
Earnings Date | May 9, 2024 |
About REBN
Reborn Coffee, Inc., through its subsidiaries, operates and franchises retail locations, kiosks, and cafes that focus on serving specialty-roasted coffee in California. It purchases, roasts, and sells coffee, tea and other beverages, and various food items. It offers products in various form factors, such as whole bean roasted coffee bags, single-serve drip bags, and pour over packs. The company also offers its products online. Reborn Coffee, Inc. was founded in 2014 and is headquartered in Brea, California. [Read more]
Financial Performance
In 2023, Reborn Coffee's revenue was $5.95 million, an increase of 83.74% compared to the previous year's $3.24 million. Losses were -$4.00 million, 12.5% more than in 2022.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for REBN stock is "Strong Buy" and the 12-month stock price forecast is $16.0.
News
Reborn Coffee Reports Fiscal Year 2023 Financial Results
FY 2023 Record Revenue Increased 84% to $6.0 Million FY 2023 Gross Profit Increased 93% to $1.9 Million BREA, Calif., March 28, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) ("Reborn", o...
Reborn Coffee Closes $1.0 Million Private Placement Equity Investment from Accredited Investor
BREA, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) ("Reborn", or the "Company"), a California-based retailer of specialty coffee, today announced the closing of a non-b...
Reborn Coffee Partners with Pet Fashion Brand Sgt. Puppa to Offer Pet Attire and Accessories at Pet Social Cafe
BREA, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) ("Reborn", or the "Company"), a California-based retailer of specialty coffee, today announced a strategic partnershi...
Reborn Coffee Partners with TOUS les JOURS Bakery for Distribution of a Valentine's Day Specialty Coffee Blend
BREA, Calif., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) ("Reborn", or the "Company"), a California-based retailer of specialty coffee, today announced a special distribution...
Reborn Coffee Closes $1 Million Private Placement Equity Investment from Chairman Farooq Arjomand
BREA, Calif., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) ("Reborn", or the "Company"), a California-based retailer of specialty coffee, today announced the closing of its pre...
Reborn Coffee to Conduct 1-for-8 Reverse Stock Split
BREA, Calif., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) ("Reborn", or the "Company"), a California-based retailer of specialty coffee, today announced that it will conduct a...
Reborn Coffee Secures $1 Million Private Placement Equity Commitment from Chairman Farooq Arjomand, Catalyzing International Growth Initiatives
BREA, Calif., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) ("Reborn", or the "Company"), a California-based retailer of specialty coffee, today announced a substantial investme...
Reborn Coffee Announces Grand Opening of Flagship Store in Kuala Lumpur, Malaysia
BREA, Calif., Dec. 01, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) ("Reborn", or the "Company"), a California-based retailer of specialty coffee, today announced the grand opening of a...
Reborn Coffee Announces Conversion of $1.0 Million of Outstanding Debt into Common Equity
BREA, Calif., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), a leader in the specialty coffee industry, today announced the conversion of $1.0 million of outstanding debt held by...
Reborn Coffee and KIB Plug Energy Korea Sign MOU for $5 Million Investment
BREA, Calif., Nov. 28, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee Inc (Nasdaq: REBN), A leader in the specialty coffee industry, today announced the signing of a Memorandum of Understanding (“MOU”) for a ...
Reborn Coffee Reports Third Quarter 2023 Financial Results
Third Quarter Revenue Increased 81% to $1.5 Million Third Quarter Gross Profit Increased 80% to $1.0 Million BREA, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) (“Reborn...
Reborn Coffee Joins Forces with Sheikh Hamed of Abu Dhabi's Millennium Hotel for Licensing and UAE Expansion
BREA, Calif., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee, a brand renowned for its premium coffee experience, today announced a strategic partnership with Sheikh Hamed, the respected owner of Abu...
Reborn Coffee and Hour Loop Expand Partnership on Amazon with Launch of Exclusive Organic Volcanic Tea
BREA, Calif., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) (“Reborn”, or the “Company”), a California-based retailer of specialty coffee, and Hour Loop, Inc. (NASDAQ: HOUR), a ...
Reborn Coffee Appoints Global Entrepreneur Jennifer Tan to Board of Directors
Unique Volcanic Tea Experience to Support Expansion of Premium Tea Products Unique Volcanic Tea Experience to Support Expansion of Premium Tea Products
Reborn Coffee Partners with Online Retailer Hour Loop to Launch Coffee Products on Amazon Marketplace
BREA, Calif., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) (“Reborn”, or the “Company”), a California-based retailer of specialty coffee, today announced a strategic partnershi...
Reborn Coffee Announces “Sip for a Cause” Donation Support for Maui Fire Relief Efforts
50% of Proceeds from Kona Coffee Sales to be Given to the Maui Food Bank 50% of Proceeds from Kona Coffee Sales to be Given to the Maui Food Bank
Reborn Coffee to Present at H.C. Wainwright 25th Annual Global Investment Conference on September 11, 2023
BREA, Calif., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) (“Reborn”, or the “Company”), a California-based retailer of specialty coffee, today announced today it will particip...
Reborn Coffee Reports Second Quarter 2023 Financial Results
Second Quarter Revenue Increased 93% to $1.5 Million Second Quarter Gross Profit Increased 96% to $1.0 Million BREA, Calif., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) (“Rebo...
Reborn Coffee Launches Pet Focused Initiative with Events and Retail Location to Appeal to Growing Demographic
New Series of Engaging Events at Reborn Retail Locations in Partnership with Pet Rescue and Adoption Organizations Upcoming Launch of the Flagship Pet-Friendly “Reborn Cafe N Pet Social” BREA, Calif.,...
Reborn Coffee Receives $1 Million Strategic Credit Facility to Accelerate Company Initiatives
Provides Additional Financial Resources for Working Capital and Expenditures for New Product Rollouts, Store Openings and E-Commerce Provides Additional Financial Resources for Working Capital and Exp...
Reborn Coffee to Present at LD Micro Invitational XIII Conference on June 6, 2023
BREA, Calif., May 25, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) (“Reborn” or the “Company”), a California-based retailer of specialty coffee, will present at the LD Micro Invitationa...
Reborn Hosts Coffee Tasting and Marketing Event in Florida During Formula 1 Miami Grand Prix
BREA, Calif., May 23, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) (“Reborn”, or the “Company”), a California-based retailer of specialty coffee, hosted a unique coffee tasting and mark...
Reborn Coffee Reports First Quarter 2023 Financial Results
BREA, Calif., May 11, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) (“Reborn”, or the “Company”), a California-based retailer of specialty coffee, has reported its financial and operatio...
Reborn Coffee to Attend EF Hutton Inaugural Global Conference on May 11, 2023
BREA, Calif., April 27, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) (“Reborn” or the “Company”), a California-based retailer of specialty coffee, today announced it will attend the at ...
Reborn Coffee Appoints Bill Koschak to New Advisory Board
Launch of Advisory Board to Provide Strategic Guidance and Support Company Growth Launch of Advisory Board to Provide Strategic Guidance and Support Company Growth