REED Stock Price
REED RSI Chart
REED Valuation
REED Price/Sales (Trailing)
REED Profitability
REED Fundamentals
REED Revenue
REED Earnings
Price Action
Last 7 days
-8.9%
Last 30 days
3480.1%
Last 90 days
3189.3%
Trailing 12 Months
988.7%
REED Financial Health
REED Investor Care
Peers (Alternatives to Reed)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
KO | 258.6B | 43.5B | -6.81% | -4.84% | 26.21 | 5.95 | 8.39% | -4.26% |
PEP | 250.3B | 88.0B | -4.86% | 6.46% | 38.03 | 2.84 | 8.89% | -35.26% |
PM | 143.5B | 80.6B | -9.76% | -13.39% | 16.48 | 1.78 | -1.90% | -3.44% |
KDP | 43.5B | 14.3B | -5.20% | -10.93% | 33.02 | 3.04 | 11.46% | -45.22% |
MNST | 30.2B | 6.3B | 3.12% | 28.81% | 25.31 | 4.78 | 13.89% | -13.49% |
TAP | 12.4B | 12.9B | 1.55% | 10.29% | -70.47 | 0.96 | 0.79% | -123.70% |
| MID-CAP | ||||||||
CELH | 9.6B | 780.2M | 30.33% | 75.78% | -62.64 | 12.26 | 96.20% | -1622.36% |
PRMW | 2.5B | 2.2B | -14.35% | -9.46% | 83.17 | 1.11 | 6.84% | 1025.00% |
MGPI | 2.1B | 788.1M | -3.00% | -2.02% | 20.54 | 2.67 | 10.44% | -9.04% |
| SMALL-CAP | ||||||||
FIZZ | 4.6B | 1.2B | -1.07% | -3.47% | 32.74 | 3.92 | 4.98% | -14.14% |
XXII | 139.3M | 64.9M | -9.67% | -65.68% | -2.69 | 2.15 | 53.74% | -15.07% |
WTER | 20.4M | 73.3M | 89.91% | 370.45% | -0.66 | 0.28 | 32.40% | 6.88% |
REED | 8.2M | 53.0M | 3480.11% | 988.71% | -0.41 | 0.15 | 6.94% | -22.28% |
Financials for Reed
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 4.4% | 53.00 | 51.00 | 52.00 | 50.00 | 50.00 |
| Gross Profit | 7.5% | 12.00 | 11.00 | 13.00 | 13.00 | 14.00 |
| Operating Expenses | 0.6% | 27.00 | 27.00 | 29.00 | 29.00 | 30.00 |
| S&GA Expenses | -6.1% | 7.00 | 8.00 | 9.00 | 10.00 | 10.00 |
| Interest Expenses | 98.7% | 5.00 | 3.00 | 2.00 | 2.00 | 1.00 |
| Net Income | -10.5% | -20.06 | -18.15 | -18.81 | -16.87 | -16.40 |
| Net Income Margin | 1.0% | -0.36* | -0.36* | -0.34* | -0.33* | - |
| Free Cahsflow | 16.5% | -19.71 | -23.61 | -14.97 | -17.91 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | -15.9% | 25.00 | 30.00 | 36.00 | 30.00 | 26.00 |
| Current Assets | -16.5% | 24.00 | 29.00 | 35.00 | 29.00 | 25.00 |
| Cash Equivalents | 2032.0% | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory | -18.8% | 16.00 | 20.00 | 24.00 | 21.00 | 17.00 |
| Net PPE | -7.3% | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Liabilities | 0.7% | 34.00 | 34.00 | 37.00 | 26.00 | 22.00 |
| Current Liabilities | 1.4% | 26.00 | 25.00 | 28.00 | 25.00 | 22.00 |
| Shareholder's Equity | -283.5% | -8.47 | 5.00 | 4.00 | - | - |
| Retained Earnings | -5.8% | -123 | -116 | -113 | -108 | -103 |
| Additional Paid-In Capital | 1.5% | 115 | 113 | 113 | 113 | 107 |
| Accumulated Depreciation | 8.3% | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Shares Outstanding | 11.7% | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 17.4% | -15.53 | -18.79 | -23.61 | -14.74 | -17.59 |
| Cashflow From Investing | 99.8% | 0.00 | -0.94 | -0.33 | - | - |
| Cashflow From Financing | -11.6% | 16.00 | 18.00 | 23.00 | 15.00 | 17.00 |
| Buy Backs | 0% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Risks for REED
What is the probability of a big loss on REED?
100%
Probability that Reed stock will be more than 20% underwater in next one year
100%
Probability that Reed stock will be more than 30% underwater in next one year.
90.8%
Probability that Reed stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does REED drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Reed was unfortunately bought at previous high price.
Drawdowns
Returns for REED
Cumulative Returns on REED
-5.0%
10-Year Cumulative Returns
-5.6%
7-Year Cumulative Returns
15.2%
5-Year Cumulative Returns
43.4%
3-Year Cumulative Returns
What are the long-term rolling returns for REED?
FIve years rolling returns for Reed.
Annualized Returns
Which funds bought or sold REED recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-05-16 | JANE STREET GROUP, LLC | sold off | -100 | -5,664 | - | -% |
2023-05-16 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | sold off | -100 | -2,824 | - | -% |
2023-05-15 | CI Private Wealth, LLC | sold off | -100 | -1,959 | - | -% |
2023-05-15 | CITADEL ADVISORS LLC | sold off | -100 | -22,694 | - | -% |
2023-05-15 | Royal Bank of Canada | sold off | -100 | - | - | -% |
2023-05-15 | VANGUARD GROUP INC | sold off | -100 | -227,784 | - | -% |
2023-05-15 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | sold off | -100 | -384 | - | -% |
2023-05-15 | GEODE CAPITAL MANAGEMENT, LLC | sold off | -100 | -44,000 | - | -% |
2023-05-15 | WHITEBOX ADVISORS LLC | sold off | -100 | -72,934 | - | -% |
2023-05-15 | TWO SIGMA SECURITIES, LLC | sold off | -100 | -3,857 | - | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Reed News
Schedule 13G FIlings of Reed
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | whitebox advisors llc | 9.9% | 12,885,916 | SC 13G/A | |
| Feb 14, 2023 | union square park capital management, llc | 17.78% | 467,385 | SC 13D/A | |
| Oct 17, 2022 | whitebox advisors llc | 9.9% | 12,410,519 | SC 13G | |
| Feb 11, 2022 | union square park capital management, llc | 7.79% | 7,297,831 | SC 13G/A | |
| Dec 15, 2021 | fivet investment management ltd | 4.96% | 4,650,000 | SC 13D | |
| Sep 21, 2021 | raptor/harbor reeds spv llc | 4.98% | 4,808,320 | SC 13D/A | |
| Sep 14, 2021 | raptor/harbor reeds spv llc | 5.76% | 5,553,130 | SC 13D/A | |
| May 25, 2021 | fivet investment management ltd | 5.42% | 5,075,110 | SC 13D | |
| Feb 16, 2021 | union square park capital management, llc | 8.04% | 6,936,672 | SC 13G/A | |
| Feb 12, 2021 | handelsbanken fonder ab | 05% | 2,550,000 | SC 13G |
REED Fair Value
Recent SEC filings of Reed
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| May 16, 2023 | NT 10-Q | NT 10-Q | |
| May 15, 2023 | 10-K | Annual Report | |
| Apr 19, 2023 | 3 | Insider Trading | |
| Apr 12, 2023 | 25-NSE | 25-NSE | |
| Mar 31, 2023 | NT 10-K | NT 10-K | |
| Mar 31, 2023 | 8-K | Current Report | |
| Mar 29, 2023 | 8-K | Current Report | |
| Mar 07, 2023 | 8-K | Current Report | |
| Feb 23, 2023 | 3 | Insider Trading |
Latest Insider Trading transactions for REED
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2022-12-16 | Bello John | bought | 18,250 | 0.073 | 250,000 | - |
2022-06-30 | Kosler Thomas Wayne | acquired | - | - | 40,172 | - |
2022-03-11 | Snyder Norman E. Jr. | bought | - | - | 285,550 | ceo |
2022-03-11 | Imbrogno Louis Jr. | bought | - | - | 107,082 | - |
2022-02-04 | JAFFE LEWIS | acquired | - | - | 80,344 | - |
2022-02-04 | Bass James C | acquired | - | - | 80,344 | - |
2022-02-04 | Kallman Rhonda | acquired | - | - | 80,344 | - |
2022-02-04 | Imbrogno Louis Jr. | acquired | - | - | 80,344 | - |
2021-09-30 | Spisak Thomas J. | bought | 9,627 | 0.6017 | 16,000 | cfo |
2021-09-29 | Snyder Norman E. Jr. | bought | 29,500 | 0.59 | 50,000 | chief executive officer |
Reed's, Inc. engages in the manufacture and distribution of natural hand-crafted beverages in the craft specialty foods industry in the United States, Canada, Asia, Europe, Australia, and South America. It offers Reed's craft ginger beers; Reed's real ginger ales; Reed's ready to drink products; Virgil's handcrafted sodas; ginger candy; and other ginger beverages under the Reed's brand. Reed's, Inc. sells its products to natural food and gourmet retailers, grocery store chains, mass merchants, club stores, convenience and drug stores, liquor stores, industrial cafeterias, and on-premise bars and restaurants through distributors and independent distributor partners, as well as direct to store distribution. It also exports its products to France, the United Kingdom, South Africa, the Caribbean, Canada, Spain, the Philippines, Israel, Australia, Asia, rest of Europe, and South America. The company was formerly known as Original Beverage Corporation and changed its name to Reed's, Inc. in 2001. Reed's, Inc. was founded in 1987 and is headquartered in Norwalk, Connecticut.
REED Income Statement
2022-12-31Statements of Operations - USD ($) $ in Thousands | 12 Months Ended | |
|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | |
| Income Statement [Abstract] | ||
| Net Sales | $ 53,041 | $ 49,599 |
| Cost of goods sold | 40,929 | 36,001 |
| Gross profit | 12,112 | 13,598 |
| Operating expenses: | ||
| Delivery and handling expense | 11,603 | 11,939 |
| Selling and marketing expense | 7,316 | 9,665 |
| General and administrative expense | 7,489 | 7,965 |
| Provision for receivable with former related party | 538 | |
| Total operating expenses | 26,946 | 29,569 |
| Loss from operations | (14,834) | (15,971) |
| Gain on extinguishment of PPP note payable | 770 | |
| Interest expense | (5,223) | (1,201) |
| Net loss | (20,057) | (16,402) |
| Dividends on Series A Convertible Preferred Stock | (5) | (5) |
| Net loss attributable to common stockholders | $ (20,062) | $ (16,407) |
| Loss per share – basic and diluted | $ (9.07) | $ (8.99) |
| Weighted average number of shares outstanding – basic and diluted | 2,211,319 | 1,824,688 |
REED Balance Sheet
2022-12-31Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| Current assets: | ||
| Cash | $ 533 | $ 49 |
| Accounts receivable, net of allowance of $252 and $215, respectively | 5,671 | 5,183 |
| Inventory, net | 16,175 | 17,049 |
| Receivable from former related party | 777 | 933 |
| Prepaid expenses and other current assets | 939 | 1,491 |
| Total current assets | 24,095 | 24,705 |
| Property and equipment, net of accumulated depreciation of $787 and $561, respectively | 766 | 992 |
| Intangible assets | 626 | 624 |
| Total assets | 25,487 | 26,321 |
| Current liabilities: | ||
| Accounts payable | 9,805 | 10,434 |
| Accrued expenses | 233 | 286 |
| Revolving line of credit, net of capitalized financing costs of $363 and $0, respectively | 10,974 | 10,229 |
| Payable to former related party | 2,025 | 614 |
| Current portion of convertible notes payable, net of debt discount of $414 and $0, respectively | 2,434 | |
| Current portion of lease liabilities | 187 | 161 |
| Total current liabilities | 25,658 | 21,724 |
| Convertible note payable, net of debt discount of $562 and $0, respectively, less current portion | 8,092 | |
| Lease liabilities, less current portion | 207 | 394 |
| Total liabilities | 33,957 | 22,118 |
| Stockholders’ equity (deficit): | ||
| Series A Convertible Preferred stock, $10 par value, 500,000 shares authorized, 9,411 shares issued and outstanding | 94 | 94 |
| Common stock, $.0001 par value, 180,000,000 shares authorized; 2,519,485 and 1,874,866 shares issued and outstanding, respectively | ||
| Additional paid in capital | 114,635 | 107,246 |
| Accumulated deficit | (123,199) | (103,137) |
| Total stockholders’ equity (deficit) | (8,470) | 4,203 |
| Total liabilities and stockholders’ equity (deficit) | $ 25,487 | $ 26,321 |