REED
Income statement / Annual
Last year (2023), Reed's, Inc.'s total revenue was $44.71 M,
a decrease of 15.70% from the previous year.
In 2023, Reed's, Inc.'s net income was -$15.52 M.
See Reed's, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$44.71 M
|
$53.04 M
|
$49.60 M
|
$41.62 M
|
$33.82 M
|
$38.10 M
|
$37.71 M
|
$42.47 M
|
$45.95 M
|
$43.42 M
|
| Cost of Revenue |
$35.00 M |
$40.93 M |
$36.00 M |
$28.85 M |
$25.94 M |
$27.42 M |
$30.82 M |
$33.49 M |
$34.34 M |
$30.42 M |
| Gross Profit |
$9.71 M |
$12.11 M |
$13.60 M |
$12.77 M |
$7.88 M |
$10.68 M |
$6.89 M |
$8.98 M |
$11.61 M |
$13.01 M |
| Gross Profit Ratio |
0.22 |
0.23 |
0.27 |
0.31 |
0.23 |
0.28 |
0.18 |
0.21 |
0.25 |
0.3 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$6.12 M
|
$7.19 M
|
$7.97 M
|
$7.02 M
|
$7.60 M
|
$8.38 M
|
$5.75 M
|
$4.21 M
|
$4.37 M
|
$3.65 M
|
| Selling & Marketing
Expenses |
$12.43 M
|
$18.92 M
|
$21.60 M
|
$14.36 M
|
$15.18 M
|
$10.37 M
|
$6.96 M
|
$7.60 M
|
$9.97 M
|
$9.32 M
|
| Selling, General &
Administrative Expenses |
$18.54 M
|
$26.11 M
|
$29.57 M
|
$21.38 M
|
$22.78 M
|
$18.75 M
|
$12.72 M
|
$11.81 M
|
$14.34 M
|
$12.97 M
|
| Other Expenses |
$585,000.00 |
$12.14 M |
$11.94 M |
$6.86 M |
$5.95 M |
$5.54 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Operating Expenses |
$19.13 M |
$26.11 M |
$29.57 M |
$21.38 M |
$22.78 M |
$18.75 M |
$12.72 M |
$11.81 M |
$14.34 M |
$12.97 M |
| Cost And Expenses |
$54.13 M |
$67.04 M |
$65.57 M |
$50.23 M |
$48.72 M |
$46.18 M |
$43.54 M |
$45.30 M |
$48.68 M |
$43.38 M |
| Interest Income |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$6.11 M |
$5.22 M |
$1.20 M |
$1.31 M |
$1.29 M |
$2.20 M |
$6.62 M |
$1.72 M |
$1.23 M |
$793,000.00 |
| Depreciation &
Amortization |
$142,000.00
|
$225,000.00
|
$243,000.00
|
$204,000.00
|
$152,000.00
|
$108,000.00
|
$551,000.00
|
$647,000.00
|
$933,000.00
|
$755,000.00
|
| EBITDA |
-$9.28 M
|
-$14.73 M
|
-$14.96 M
|
-$8.67 M
|
-$14.67 M
|
-$8.02 M
|
-$11.56 M
|
-$2.64 M
|
-$1.80 M
|
$796,000.00
|
| EBITDA Ratio |
-0.21 |
-0.26 |
-0.32 |
-0.2 |
-0.44 |
-0.21 |
-0.14 |
-0.05 |
-0.04 |
0.02 |
| Operating Income Ratio
|
-0.21
|
-0.26
|
-0.32
|
-0.21
|
-0.44
|
-0.21
|
-0.31
|
-0.07
|
-0.06
|
0
|
| Total Other
Income/Expenses Net |
-$6.11 M
|
-$5.22 M
|
-$431,000.00
|
-$1.56 M
|
-$1.26 M
|
-$2.20 M
|
-$6.62 M
|
-$2.21 M
|
-$1.23 M
|
-$793,000.00
|
| Income Before Tax |
-$15.52 M |
-$19.22 M |
-$16.40 M |
-$10.18 M |
-$16.11 M |
-$10.33 M |
-$18.37 M |
-$5.01 M |
-$3.96 M |
-$752,000.00 |
| Income Before Tax Ratio
|
-0.35
|
-0.36
|
-0.33
|
-0.24
|
-0.48
|
-0.27
|
-0.49
|
-0.12
|
-0.09
|
-0.02
|
| Income Tax Expense |
$0.00 |
-$108,000.00 |
$1.20 M |
$1.31 M |
$1.29 M |
-$2,000.00 |
$6.62 M |
$1.72 M |
$0.00 |
$2,000.00 |
| Net Income |
-$15.52 M |
-$19.11 M |
-$17.60 M |
-$11.48 M |
-$17.40 M |
-$10.33 M |
-$18.37 M |
-$5.01 M |
-$3.96 M |
-$754,000.00 |
| Net Income Ratio |
-0.35 |
-0.36 |
-0.35 |
-0.28 |
-0.51 |
-0.27 |
-0.49 |
-0.12 |
-0.09 |
-0.02 |
| EPS |
-4.39 |
-9.46 |
-9.65 |
-9.47 |
-24.81 |
-20.36 |
-62.17 |
-18.39 |
-14.47 |
-2.78 |
| EPS Diluted |
-4.39 |
-9.46 |
-9.65 |
-9.47 |
-24.81 |
-20.36 |
-62.17 |
-18.39 |
-14.47 |
-2.78 |
| Weighted Average Shares
Out |
$3.54 M
|
$2.02 M
|
$1.82 M
|
$1.21 M
|
$701,160.00
|
$507,151.00
|
$295,516.00
|
$272,398.00
|
$273,762.00
|
$271,599.00
|
| Weighted Average Shares
Out Diluted |
$3.54 M
|
$2.02 M
|
$1.82 M
|
$1.21 M
|
$701,160.00
|
$507,151.00
|
$295,516.00
|
$272,398.00
|
$273,762.00
|
$271,599.00
|
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