Reed's, Inc. (REED)

OTCMKTS: REED · Delayed Price · USD
-0.03 (-1.50%)
Nov 28, 2023, 12:15 PM EST - Market open

Total Valuation

Reed's has a market cap or net worth of $8.21 million. The enterprise value is $34.26 million.

Market Cap 8.21M
Enterprise Value 34.26M

Important Dates

The last earnings date was Thursday, August 10, 2023, after market close.

Earnings Date Aug 10, 2023
Ex-Dividend Date n/a

Share Statistics

Reed's has 4.17 million shares outstanding. The number of shares has increased by 84.94% in one year.

Shares Outstanding 4.17M
Shares Change (YoY) +84.94%
Shares Change (QoQ) +31.12%
Owned by Insiders (%) 62.17%
Owned by Institutions (%) 25.50%
Float 2.00M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.17
Forward PS 0.14
PB Ratio n/a
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 0.71
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 0.85

Current Ratio 0.85
Quick Ratio 0.25
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -1.47

Financial Efficiency

Return on Equity (ROE) n/a
Return on Assets (ROA) -67.27%
Return on Capital (ROIC) -51.02%
Revenue Per Employee $2.18M
Profits Per Employee -$754,864
Employee Count 22
Asset Turnover 2.02
Inventory Turnover 1.97


In the past 12 months, Reed's has paid $1.72 million in taxes.

Income Tax 1.72M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -99.25% in the last 52 weeks. The beta is 1.42, so Reed's's price volatility has been higher than the market average.

Beta (1Y) 1.42
52-Week Price Change -99.25%
50-Day Moving Average 2.92
200-Day Moving Average 3.06
Relative Strength Index (RSI) 34.00
Average Volume (30 Days) 2,669

Short Selling Information

The latest short interest is 107,676, so 2.58% of the outstanding shares have been sold short.

Short Interest 107,676
Short Previous Month 4.57M
Short % of Shares Out 2.58%
Short % of Float 5.40%
Short Ratio (days to cover) 2.80

Income Statement

In the last 12 months, Reed's had revenue of $48.06 million and -$16.61 million in losses. Loss per share was -$6.21.

Revenue 48.06M
Gross Profit 12.69M
Operating Income -7.29M
Pretax Income -14.86M
Net Income -16.61M
EBIT -7.33M
Loss Per Share -$6.21
Full Income Statement

Balance Sheet

The company has $1.00 million in cash and $27.06 million in debt, giving a net cash position of -$26.05 million or -$6.25 per share.

Cash & Cash Equivalents 1.00M
Total Debt 27.06M
Net Cash -26.05M
Net Cash Per Share -$6.25
Equity / Book Value -12.76M
Book Value Per Share -3.06
Working Capital -4.18M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$3.01 million and capital expenditures -$84,000, giving a free cash flow of -$3.09 million.

Operating Cash Flow -3.01M
Capital Expenditures -84,000
Free Cash Flow -3.09M
FCF Per Share -$0.74
Full Cash Flow Statement


Gross margin is 26.40%, with operating and profit margins of -15.18% and -34.56%.

Gross Margin 26.40%
Operating Margin -15.18%
Pretax Margin -30.91%
Profit Margin -34.56%
EBITDA Margin -14.95%
EBIT Margin -15.25%
FCF Margin -6.44%

Dividends & Yields

Reed's does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Earnings Yield -202.20%
FCF Yield -37.67%
Dividend Growth (YoY) n/a
Payout Ratio n/a
Buyback Yield -84.94%
Shareholder Yield -84.94%

Analyst Forecast

The average price target for Reed's is $7.00, which is 255.33% higher than the current price. The consensus rating is "Strong Buy".

Price Target $7.00
Price Target Difference 255.33%
Analyst Consensus Strong Buy
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a

Stock Splits

The last stock split was on January 27, 2023. It was a reverse split with a ratio of 1:50.

Last Split Date Jan 27, 2023
Split Type Reverse
Split Ratio 1:50


Reed's has an Altman Z-Score of -6.6 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -6.6
Piotroski F-Score 3