EAST - Eastside Distilling Inc Stock Price, Fair Value and News

1.02USD0.00 (0.00%)Market Closed

Market Summary

USD1.020.00

Market Closed

0.00%

EAST Stock Price

View Fullscreen

EAST RSI Chart

EAST Valuation

Market Cap

1.7M

Price/Earnings (Trailing)

-0.23

Price/Sales (Trailing)

0.16

EV/EBITDA

-0.26

Price/Free Cashflow

-0.85

EAST Price/Sales (Trailing)

EAST Profitability

Operating Margin

82.05%

EBT Margin

-69.78%

Return on Equity

-883.35%

Return on Assets

-43.11%

Free Cashflow Yield

-117%

EAST Fundamentals

EAST Revenue

Revenue (TTM)

10.8M

Rev. Growth (Yr)

-11.82%

Rev. Growth (Qtr)

-32.46%

EAST Earnings

Earnings (TTM)

-7.5M

Earnings Growth (Yr)

77.98%

Earnings Growth (Qtr)

0.83%

Breaking Down EAST Revenue

Last 7 days

8.3%

Last 30 days

6.1%

Last 90 days

-1.9%

Trailing 12 Months

-73.7%

How does EAST drawdown profile look like?

EAST Financial Health

Current Ratio

1.08

EAST Investor Care

Shares Dilution (1Y)

104.80%

Diluted EPS (TTM)

-19.33

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	13.4M	11.1M	11.1M	10.8M
2022	13.4M	14.9M	14.7M	14.3M
2021	14.9M	14.7M	13.7M	12.9M
2020	11.9M	11.7M	11.5M	14.8M
2019	9.3M	11.6M	14.4M	12.2M
2018	3.7M	4.5M	5.6M	7.2M
2017	2.5M	2.9M	2.9M	3.1M
2016	1.8M	2.0M	2.3M	2.1M
2015	1.6M	1.6M	1.7M	1.7M
2014	1.0M	1.3M	1.6M	1.4M
2013	125.7K	116.1K	95.6K	874.4K
2012	86.6K	98.5K	110.4K	122.3K
2011	0	0	0	74.7K

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Eastside Distilling Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Dec 13, 2023	levy-navarro elizabeth ann	sold	-5,350	1.0701	-5,000	-
Nov 30, 2023	finnsson eric j.	sold	-16,095	1.11	-14,500	-
Nov 20, 2023	finnsson eric j.	sold	-536	1.01	-531	-
Oct 02, 2023	grammen robert	acquired	80,750	1.615	50,000	-
Oct 02, 2023	levy-navarro elizabeth ann	acquired	111,501	3.0843	36,151	-
Sep 28, 2023	grammen robert	acquired	-	-	2,787	-
Sep 28, 2023	kilkenny stephanie	acquired	-	-	12,158	-
Sep 28, 2023	finnsson eric j.	acquired	-	-	30,782	-
Jun 20, 2023	finnsson eric j.	sold	-10,800	3.6	-3,000	-

Which funds bought or sold EAST recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Feb 13, 2024	BlackRock Inc.	sold off	-100	-564	-	-%
Feb 13, 2024	Tower Research Capital LLC (TRC)	added	149	6,385	10,868	-%
Feb 13, 2024	FMR LLC	new	-	20.00	20.00	-%
Feb 13, 2024	MORGAN STANLEY	unchanged	-	-23.00	742	-%
Feb 09, 2024	UBS Group AG	sold off	-100	-144	-	-%
Feb 09, 2024	WELLS FARGO & COMPANY/MN	added	33.33	2.00	10.00	-%
Feb 07, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
Aug 14, 2023	Sentinus, LLC	sold off	-100	-21,000	-	-%

Are Funds Buying or Selling EAST?

Are funds buying EAST calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own EAST

No. of Funds

Unveiling Eastside Distilling Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Oct 10, 2023	bigger capital fund l p	19.3%	4,808	SC 13G/A
Feb 09, 2023	bigger capital fund l p	7.1%	96,153	SC 13G/A
Dec 21, 2022	kilkenny stephanie	15.63%	2,916,666	SC 13D
Feb 14, 2022	bigger capital fund l p	6.5%	681,818	SC 13G/A
Apr 30, 2021	bigger capital fund l p	8.0%	681,818	SC 13G
Feb 16, 2021	ars investment partners, llc	3.56%	360,914	SC 13G/A
Feb 16, 2021	ars investment partners, llc	6.36%	645,509	SC 13G
Jan 11, 2021	orca investment management, llc	0.44%	44,355	SC 13G/A
Jun 02, 2020	quad capital management advisors llc	5.9%	590,910	SC 13D/A
Jun 02, 2020	quad capital management advisors llc	5.9%	590,910	SC 13D/A

Recent SEC filings of Eastside Distilling Inc

View All Filings

Date Filed	Form Type	Document
Apr 10, 2024	8-K	Current Report
Apr 01, 2024	8-K	Current Report
Apr 01, 2024	10-K	Annual Report
Mar 11, 2024	8-K	Current Report
Jan 31, 2024	144	Notice of Insider Sale Intent
Jan 26, 2024	8-K	Current Report

Peers (Alternatives to Eastside Distilling Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
KO	266.3B	45.8B	1.98%	-2.85%	24.85	5.82	6.39%	12.28%
PEP	239.4B	91.9B	2.31%	-6.27%	26.07	2.61	4.36%	39.55%
MNST	55.3B	7.1B	-10.38%	-2.03%	34.36	7.75	13.14%	35.10%
KDP	42.7B	14.9B	10.22%	-4.59%	19.7	2.86	4.17%	64.49%
CELH	16.7B	1.3B	-21.42%	-21.97%	73.57	12.66	101.65%	221.10%
MID-CAP
FIZZ	4.1B	1.2B	-6.55%	-11.54%	24.04	3.45	0.91%	20.76%
SAM	3.5B	2.1B	-6.89%	-7.93%	35.41	1.63	-3.47%	62.30%
PRMW	3.0B	1.8B	3.86%	25.94%	47.13	1.7	4.64%	8.69%
SMALL-CAP
MGPI	1.7B	836.5M	-4.40%	-18.05%	16.27	2.09	6.92%	-1.54%
COCO	1.4B	493.6M	1.22%	14.48%	29.44	2.78	15.39%	496.74%
NAPA	969.4M	396.9M	-6.77%	-43.66%	14.7	2.44	4.10%	18.38%
BRFH	26.4M	8.1M	68.27%	24.10%	-9.34	3.25	-11.30%	54.00%
EAST	1.7M	10.8M	6.12%	-73.74%	-0.23	0.16	-24.63%	53.68%
WTER	109.0K	62.6M	-	-100.00%	-	-	7.31%	42.62%

Eastside Distilling Inc News

Latest updates

Eastside Distilling Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-32.5%	2,081,000	3,081,000	2,757,000	2,879,000	2,360,000	3,064,000	5,123,000	3,780,000	2,752,000	3,277,000	3,618,000	3,243,000	3,540,000	4,275,000	3,834,000	3,133,000	219,686	4,509,522	4,003,013	3,460,779	2,417,205
Gross Profit	-123.0%	-118,000	512,000	26,000	641,000	-148,000	190,000	1,452,000	947,000	598,000	860,000	909,000	543,000	73,000	1,404,000	1,421,000	725,000	-133,222	1,689,485	1,401,753	1,100,984	354,253
Operating Expenses	19.1%	1,398,000	1,174,000	1,428,000	1,881,000	1,795,000	2,140,000	2,578,000	2,577,000	2,302,000	2,364,000	2,302,000	2,842,000	1,862,000	3,040,000	3,237,000	3,670,000	1,058,412	5,029,346	4,108,830	3,815,412	3,464,960
S&GA Expenses	-11.3%	338,000	381,000	369,000	511,000	547,000	702,000	729,000	647,000	527,000	533,000	697,000	857,000	897,000	806,000	970,000	1,513,000	-1,135,641	1,819,412	1,334,053	1,219,176	1,506,793
EBITDA Margin	58.3%	-0.47	-1.13	-1.11	-0.90	-0.87	-0.34	-0.31	-0.38	-0.28	-0.28	-0.25	-0.25	-0.42	-	-	-	-	-	-	-	-
Interest Expenses	18.8%	246,000	207,000	326,000	329,000	240,000	808,000	762,000	406,000	369,000	414,000	345,000	126,000	214,000	252,000	319,000	304,000	169,401	113,287	117,902	107,410	85,459
Earnings Before Taxes	0.8%	-2,138,000	-2,156,000	-1,643,000	-1,598,000	-9,709,000	-2,733,000	-1,788,000	-2,036,000	-2,215,000	-1,893,000	-1,721,000	-225,000	-2,412,000	-1,851,000	-2,135,000	-3,249,000	-4,031,887	-3,453,090	-2,824,185	-2,821,838	-3,331,166
EBT Margin	48.8%	-0.70	-1.36	-1.42	-1.18	-1.14	-0.60	-0.53	-0.59	-0.47	-0.46	-0.42	-0.44	-0.65	-	-	-	-	-	-	-	-
Net Income	0.8%	-2,138,000	-2,156,000	-1,643,000	-1,598,000	-9,709,000	-2,733,000	-1,788,000	-2,036,000	-	-1,910,000	-1,768,000	3,708,000	-2,553,500	-1,767,000	-2,135,000	-3,249,000	400,000	-3,453,090	-2,824,185	-2,943,439	-3,196,166
Net Income Margin	48.8%	-0.70	-1.36	-1.42	-1.18	-1.14	-0.15	-0.15	-0.16	-0.17	-0.18	-0.16	-0.18	-0.66	-	-	-	-	-	-	-	-
Free Cashflow	87.9%	-140,000	-1,157,000	-311,000	-428,000	-1,033,000	-115,000	-693,000	-1,536,000	-3,407,000	-2,510,000	-1,715,747	1,384,747	-251,000	-	-	-	-	-	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-6.9%	17,480	18,780	19,707	20,253	21,476	29,926	31,774	34,414	33,560	29,440	27,198	28,109	31,732	32,993	33,755	34,306	35,866	37,738	26,246	29,139	26,358
Current Assets	-21.1%	4,537	5,749	6,143	6,057	6,620	7,045	8,256	15,016	14,105	12,063	9,023	9,884	12,841	13,201	14,309	13,725	14,470	15,441	15,577	19,075	23,490
Cash Equivalents	12.6%	403	358	839	267	723	432	1,023	2,600	3,276	2,770	1,069	2,014	836	959	1,915	1,255	343	447	769	4,181	10,643
Inventory	-9.9%	3,212	3,563	3,610	3,989	4,442	4,975	5,231	6,085	6,510	6,058	6,283	6,155	6,728	10,325	10,749	11,056	7,140	12,258	11,908	11,566	11,017
Net PPE	-4.5%	4,768	4,995	5,156	5,489	5,741	6,168	6,470	2,151	2,163	2,455	2,997	2,792	3,109	3,367	3,642	4,227	4,687	5,609	5,647	4,805	1,758
Goodwill	-	-	-	-	-	-	-	-	-	-	-	-	-	-	28.00	28.00	28.00	28.00	28.00	28.00	28.00	28.00
Liabilities	3.1%	16,627	16,126	23,745	23,262	22,992	20,971	20,184	21,813	20,161	18,138	18,519	19,794	32,840	32,079	31,311	30,025	28,533	23,942	10,713	11,179	7,607
Current Liabilities	4.7%	4,205	4,017	21,941	21,292	13,011	10,949	9,960	11,179	9,498	6,568	7,032	9,393	30,259	29,769	13,880	10,895	6,137	3,858	3,337	3,910	2,373
Shareholder's Equity	-67.9%	853	2,654	-	-	-1,516	8,955	11,590	12,601	13,399	11,302	8,679	8,315	-	914	2,400	4,281	7,333	13,796	15,533	17,960	18,752
Retained Earnings	-2.7%	-82,700	-80,500	-78,337	-76,657	-75,021	-65,275	-62,504	-60,700	-58,605	-56,352	-52,154	-50,386	-54,094	-51,696	-49,929	-47,742	-44,234	-36,762	-33,217	-30,269	-27,138
Additional Paid-In Capital	0.4%	83,559	83,185	74,299	73,646	73,505	74,228	74,092	73,278	72,003	67,653	60,832	58,700	52,985	52,609	52,372	52,023	51,566	50,557	48,750	48,229	45,889
Shares Outstanding	10.9%	1,706	1,538	968	833	810	772	764	745	740	704	613	554	519	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	-	10,658	-	-	-	28,945	-	-	-	13,995	-	-	-	37,101	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	86.9%	-139	-1,058	-211	-428	-1,028	-120	407	-136	-3,296	-2,493	-1,559	1,400	-151	-748	-779	-1,328	-1,185	-1,730	-2,335	-3,877	-3,563
Share Based Compensation	-	-	-	-	-	-	-	1.00	2.00	2.00	2.00	4.00	19.00	45.00	81.00	94.00	68.00	156	147	171	192	-
Cashflow From Investing	232.0%	128	-97.00	101	-28.00	166	2.00	-1,096	-1,389	-78.00	13.00	-149	3,419	-98.00	147	114	-26.00	154	-206	-1,018	-2,555	-352
Cashflow From Financing	-91.7%	56.00	674	-	-	1,153	-473	-894	855	3,880	4,181	763	-3,641	126	-356	1,325	2,267	929	1,617	-58.86	-29.07	9,702

EAST Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Sales	$ 10,798	$ 14,327
Less customer programs and excise taxes	299	444
Net sales	10,499	13,883
Cost of sales	9,438	11,442
Gross profit	1,061	2,441
Operating expenses:
Sales and marketing expenses	1,599	2,625
General and administrative expenses	4,646	6,407
(Gain) loss on disposal of property and equipment	(364)	58
Total operating expenses	5,881	9,090
Loss from operations	(4,820)	(6,649)
Other income (expense), net
Interest expense	(1,108)	(2,216)
Impairment loss	(364)	(7,453)
Loss on debt to equity conversion	(1,321)
Other income	78	52
Total other income (expense), net	(2,715)	(9,617)
Loss before income taxes	(7,535)	(16,266)
Provision for income taxes
Net loss	(7,535)	(16,266)
Preferred stock dividends	(150)	(150)
Net loss attributable to common shareholders	$ (7,685)	$ (16,416)
Basic net loss per common share	$ (7.04)	$ (21.40)
Diluted net loss per common share	$ (7.04)	$ (21.40)
Basic weighted average common shares outstanding	1,091	767
Diluted weighted average common shares outstanding	1,091	767

EAST Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash	$ 403	$ 723
Trade receivables, net	559	836
Inventories	3,212	4,442
Prepaid expenses and other current assets	363	619
Total current assets	4,537	6,620
Property and equipment, net	4,768	5,741
Right-of-use assets	2,602	2,988
Intangible assets, net	5,005	5,758
Other assets, net	568	369
Total Assets	17,480	21,476
Current liabilities:
Accounts payable	2,076	1,728
Accrued liabilities	575	1,509
Deferred revenue	88	18
Current portion of secured credit facilities, net of debt issuance costs		3,442
Current portion of note payable, related party	92	4,598
Current portion of notes payable	486
Current portion of lease liabilities	888	991
Other current liability, related party		725
Total current liabilities	4,205	13,011
Lease liabilities, net of current portion	1,824	2,140
Secured credit facilities, related party	2,700
Secured credit facilities, net of debt issuance costs	342
Note payable, related party		92
Notes payable, net of current portion	7,556	7,749
Total liabilities	16,627	22,992
Commitments and contingencies (Note 14)
Stockholders’ equity (deficit):
Common stock, $0.0001 par value; 6,000,000 shares and 1,750,000 shares authorized as of December 31, 2023 and 2022, respectively; 1,705,987 and 809,963 shares issued and outstanding as of December 31, 2023 and 2022, respectively
Additional paid-in capital	83,559	73,505
Accumulated deficit	(82,706)	(75,021)
Total stockholders’ equity (deficit)	853	(1,516)
Total Liabilities and Stockholders’ Equity (Deficit)	17,480	21,476
Series B Preferred Stock [Member]
Stockholders’ equity (deficit):
Preferred stock, value
Series C Preferred Stock [Member]
Stockholders’ equity (deficit):
Preferred stock, value

About Eastside Distilling Inc

Eastside Distilling, Inc. manufactures, acquires, blends, bottles, imports, exports, markets, and sells various alcoholic beverages. It operates through two segments, Spirits and Craft Canning + Printing. The company provides whiskey under the Burnside Whiskey brand; vodka under the Portland Potato Vodka brand; rum under the Hue-Hue Coffee Rum brand; and tequila under the AzuÃƒÂ±ia Tequila brand. It also offers canning and printing services to the craft beer, cider, and kombucha beverage industries; and digital can printing and co-packing services. The company sells its products on a wholesale basis to distributors in the United States. Eastside Distilling, Inc. was incorporated in 2004 and is headquartered in Portland, Oregon.

CEO	Mr. Geoffrey C. Gwin CFA
WEBSITE	eastsidedistilling.com
INDUSTRY	Beverages Non-Alcoholic
EMPLOYEES	49

Eastside Distilling Inc Frequently Asked Questions

What is the ticker symbol for Eastside Distilling Inc? What does EAST stand for in stocks?

EAST is the stock ticker symbol of Eastside Distilling Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Eastside Distilling Inc (EAST)?

As of Thu Apr 25 2024, market cap of Eastside Distilling Inc is 1.74 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of EAST stock?

You can check EAST's fair value in chart for subscribers.

What is the fair value of EAST stock?

You can check EAST's fair value in chart for subscribers. The fair value of Eastside Distilling Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Eastside Distilling Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for EAST so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Eastside Distilling Inc a good stock to buy?

The fair value guage provides a quick view whether EAST is over valued or under valued. Whether Eastside Distilling Inc is cheap or expensive depends on the assumptions which impact Eastside Distilling Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for EAST.

What is Eastside Distilling Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, EAST's PE ratio (Price to Earnings) is -0.23 and Price to Sales (PS) ratio is 0.16. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. EAST PE ratio will change depending on the future growth rate expectations of investors.