Reed's

OverviewSuggest Edit

Reed's, Inc. develops, manufactures, markets and sells natural non-alcoholic carbonated soft drinks, Kombucha, candies and ice creams. The Company manufactures, licenses, markets and sells several product lines, such as Reed's Ginger Brews; Virgil's Root Beer, Cream Sodas, Dr. Better and Real Cola, including ZERO diet sodas; Culture Club Kombucha; China Colas; Reed's Ginger candy and ice creams, and Sonoma Sparkler and other juice based products. Reed's sells its products throughout the United States and in select international markets. It sells products through a network of natural, gourmet and beer distributors and directly to certain large national retailers.
TypePublic
Founded1987
HQLos Angeles, USMap
Websitereedsinc.com
Employee Ratings3.1More

Recent NewsAll News

Latest Updates

Employees (est.) (Feb 2019)52
Revenue (FY, 2018)$38.1 M(+2%)
Share Price (Feb 2020)$1.1 (+2%)

Reed's Office Locations

Reed's has an office in Los Angeles
Los Angeles, US (HQ)
13000 S Spring St
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Reed's Financials and Metrics

Reed's Revenue

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Reed's's revenue was reported to be $38.10 m in FY, 2018
USD

Revenue (Q3, 2019)

8.7m

Gross profit (Q3, 2019)

2.5m

Gross profit margin (Q3, 2019), %

28.6%

Net income (Q3, 2019)

(4.6m)

EBIT (Q3, 2019)

(4.4m)

Market capitalization (13-Feb-2020)

51.4m

Closing stock price (13-Feb-2020)

1.1

Cash (30-Sept-2019)

1.0m

EV

65.1m
Reed's's current market capitalization is $51.4 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

25.0m30.0m37.3m43.4m45.9m42.5m37.7m38.1m

Revenue growth, %

16%6%(8%)

Cost of goods sold

15.8m18.9m26.5m30.4m34.3m33.5m30.8m27.4m

Gross profit

9.2m11.1m10.8m13.0m11.6m9.0m6.9m10.7m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

6.2m6.4m6.5m7.8m7.9m8.1m9.5m10.1m9.0m11.2m12.3m10.7m12.2m10.7m10.0m11.0m12.3m8.3m8.9m10.9m8.3m9.4m10.8m8.4m9.5m8.7m

Cost of goods sold

3.8m4.0m4.2m4.7m4.8m4.9m6.6m6.4m6.0m7.5m8.4m7.4m8.5m9.2m8.1m8.4m9.4m7.2m7.2m8.8m6.0m6.3m8.1m5.9m7.2m6.2m

Gross profit

2.4m2.4m2.4m3.1m3.1m3.2m2.9m3.7m2.9m3.7m3.9m3.3m3.6m1.6m1.9m2.6m2.9m1.1m1.7m2.1m2.3m3.0m2.7m2.5m2.3m2.5m

Gross profit Margin, %

39%38%36%40%39%40%30%36%32%33%32%31%30%15%19%24%23%13%19%19%28%32%25%30%24%29%
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

713.0k1.2m1.1m959.0k1.8m451.0k12.1m624.0k

Accounts Receivable

1.6m2.0m2.1m2.5m2.9m2.7m2.6m

Prepaid Expenses

123.0k212.0k178.0k447.0k769.0k199.0k131.0k

Inventories

6.1m5.8m6.3m6.3m7.9m5.9m7.4m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

1.1m554.0k101.0k1.4m1.4m726.0k816.0k1.0m1.1m1.2m1.7m1.2m215.0k1.2m648.0k969.0k1.9m197.0k251.0k348.0k3.4m1.8m188.0k2.7m1.6m1.0m

Accounts Receivable

2.0m2.2m2.1m2.5m2.9m2.2m3.2m3.2m2.6m2.9m3.8m3.0m3.6m3.7m2.7m3.5m3.1m2.4m2.7m3.2m2.5m3.6m4.4m3.5m3.5m4.1m

Prepaid Expenses

146.0k77.0k150.0k148.0k159.0k251.0k295.0k348.0k181.0k160.0k290.0k529.0k530.0k314.0k456.0k573.0k695.0k377.0k283.0k301.0k316.0k572.0k438.0k445.0k398.0k470.0k

Inventories

4.6m6.1m6.2m5.0m6.0m6.3m6.4m6.7m6.1m5.5m6.0m8.4m8.9m7.9m8.2m7.7m7.8m5.5m7.9m7.8m6.8m10.4m7.0m10.7m9.3m9.6m
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(941.0k)(524.0k)(1.5m)(754.0k)(4.0m)(5.0m)(18.4m)(10.3m)

Depreciation and Amortization

653.0k738.0k550.0k755.0k933.0k642.0k551.0k108.0k

Inventories

1.5m(305.0k)499.0k(13.0k)(1.6m)1.1m560.0k(1.2m)

Accounts Payable

(276.0k)1.1m244.0k2.3m1.6m(1.5m)1.5m(1.8m)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

(420.0k)(594.0k)(124.0k)320.0k342.0k(403.0k)(897.0k)(863.0k)(220.0k)418.0k466.0k(271.0k)(957.0k)(3.4m)(1.6m)(2.3m)(2.6m)(2.0m)(1.8m)(7.5m)(1.6m)(5.0m)(7.7m)(3.3m)(7.7m)(12.3m)

Depreciation and Amortization

183.0k372.0k556.0k145.0k298.0k387.0k181.0k361.0k536.0k213.0k453.0k683.0k261.0k477.0k689.0k194.0k813.0k1.2m177.0k337.0k492.0k36.0k70.0k108.0k

Inventories

23.0k1.6m113.0k(1.1m)(136.0k)507.0k591.0k911.0k(217.0k)(794.0k)309.0k(2.1m)(2.6m)(1.6m)(259.0k)204.0k122.0k1.3m(1.0m)(930.0k)(846.0k)(4.4m)(1.2m)(3.3m)(2.1m)(2.5m)

Accounts Payable

305.0k1.2m233.0k338.0k1.0m28.0k1.4m1.8m356.0k519.0k2.2m1.3m1.6m1.8m263.0k(1.8m)(301.0k)656.0k731.0k1.0m(2.8m)(3.1m)(4.1m)(1.5m)(1.8m)(196.0k)
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USDY, 2019

EV/EBIT

-14.9 x

EV/CFO

-4.5 x

Financial Leverage

-7.7 x
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Reed's Online and Social Media Presence

Reed's's Trends

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Reed's News and Updates

August 19, 2019

Craft Soda Market Trends, Growth Factor & Competitive Analysis by 2023 | Key Players Profiled: PepsiCo, Coca-Cola, Reed's Inc., Wild Poppy, & Boylan Bottling: Radiant Insights, Inc.

SAN FRANCISCO, Aug. 19, 2019 /PRNewswire/ -- Global Craft Soda Market is estimated to expand at a substantial CAGR in the forecast period as the scope, product types, and its applications are increasing across the globe. Craft soda, also termed as "Small-batch", "Specialty", or "Artisanal...
February 27, 2019

Reed's Expands Craft Beverage Offering With New Ways To Reap The Benefits Of Real Ginger -- From Zero Sugar And Ready To Drink Mules To Ginger Beer With Hemp And Daily Ginger Shots

NORWALK, Conn., Feb. 27, 2019 /PRNewswire/ -- With health conscious consumers looking not just to food, but to beverages to deliver functional benefits, Reed's, Inc. (NYSE American: REED), is pouring it on, debuting several new innovations in its leading Reed's Ginger Beer portfolio at...
November 15, 2018

Generational Capital Markets Advises Reed's Metals in Sale to Union Corrugating Company

DALLAS, Nov. 15, 2018 /PRNewswire/ -- Generational Capital Markets, Inc., Member FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the acquisition of Reed's Metals Inc. by Union Corrugating. The acquisition closed October 31,...
August 29, 2018

Soda Drink Global Market Top Key Players – Jones Soda , Reed's Inc , Appalachian Brewing,  Boylan Bottling , Wild Poppy Company , PepsiCo and Forecast to 2025

Wiseguyreports.Com Added New Market Research Report On -“Global Soda Drink Market 2018 Top Manufacturers, Production , Growth and Future Demand Forecast to 2025 ”. Posted via Industry Today. Follow us on Twitter @IndustryToday
August 06, 2018

Reed's Inc. Taps Jeopardy Champ Austin Rogers as Spokesperson

NORWALK, Conn., Aug. 6, 2018 /PRNewswire/ -- Reed's Inc., owner of the nation's leading portfolio of handcrafted, all-natural beverages, today announced it has enlisted 12-time Jeopardy champion and New York City bartender, Austin Rogers, to represent its all-natural line of Virgil's...
July 03, 2018

Waddell & Reed Catches The Value Investor's Eye

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 Reed's Frequently Asked Questions

  • When was Reed's founded?

    Reed's was founded in 1987.

  • How many employees does Reed's have?

    Reed's has 52 employees.

  • What is Reed's revenue?

    Latest Reed's annual revenue is $38.1 m.

  • What is Reed's revenue per employee?

    Latest Reed's revenue per employee is $732.7 k.

  • Who are Reed's competitors?

    Competitors of Reed's include Bai Brands, Evans Brewing and Meantime Brewing Company.

  • Where is Reed's headquarters?

    Reed's headquarters is located at 13000 S Spring St, Los Angeles.

  • Where are Reed's offices?

    Reed's has an office in Los Angeles.

  • How many offices does Reed's have?

    Reed's has 1 office.