Reed's, Inc. (REED)

Reed's Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	44.71	53.04	49.6	41.62	33.82
Revenue Growth (YoY)	-15.70%	6.94%	19.19%	23.05%	-11.24%
Cost of Revenue	35	40.93	36	28.85	25.94
Gross Profit	9.71	12.11	13.6	12.77	7.88
Selling, General & Admin	18.54	26.11	29.57	21.38	22.78
Other Operating Expenses	8.15	12.14	11.94	6.86	5.95
Operating Expenses	19.13	26.11	29.57	21.38	22.78
Operating Income	-9.42	-14	-15.97	-8.62	-14.9
Interest Expense	6.11	5.22	1.2	1.31	1.29
Other Expense / Income	-	-	-0.77	0.25	-0.08
Pretax Income	-15.52	-19.22	-16.4	-10.18	-16.11
Income Tax	0	-0.11	1.2	1.31	1.29
Net Income	-15.52	-19.11	-17.6	-11.48	-17.4
Shares Outstanding (Basic)	4	2	2	1	1
Shares Outstanding (Diluted)	4	2	2	1	1
Shares Change	75.14%	10.71%	50.44%	72.98%	38.25%
EPS (Basic)	-4.39	-9.46	-9.65	-9.47	-24.81
EPS (Diluted)	-4.39	-9.46	-9.65	-9.47	-24.81
Free Cash Flow	-4.35	-15.44	-17.92	-9.66	-18.48
Free Cash Flow Per Share	-1.23	-7.64	-9.82	-7.96	-26.36
Gross Margin	21.72%	22.84%	27.42%	30.68%	23.29%
Operating Margin	-21.06%	-26.39%	-32.20%	-20.70%	-44.06%
Profit Margin	-34.72%	-36.03%	-35.49%	-27.60%	-51.44%
Free Cash Flow Margin	-9.74%	-29.10%	-36.14%	-23.21%	-54.65%
EBITDA	-9.28	-13.89	-15.83	-8.41	-14.75
EBITDA Margin	-20.74%	-26.18%	-31.91%	-20.21%	-43.61%
Depreciation & Amortization	0.14	0.11	0.14	0.2	0.15
EBIT	-9.42	-14	-15.97	-8.62	-14.9
EBIT Margin	-21.06%	-26.39%	-32.20%	-20.70%	-44.06%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.