$123.2 M

REED Mkt cap, 22-May-2019

$38.1 M

Reed's Revenue FY, 2018
Reed's Gross profit (FY, 2018)10.7 M
Reed's Gross profit margin (FY, 2018), %28%
Reed's Net income (FY, 2018)-10.3 M
Reed's EBIT (FY, 2018)-8.1 M
Reed's Cash, 31-Dec-2018624 K
Reed's EV129.6 M

Reed's Revenue

Reed's revenue was $38.10 m in FY, 2018

Embed Graph

Reed's Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

37.3m43.4m45.9m42.5m37.7m38.1m

Revenue growth, %

16%6%(8%)

Cost of goods sold

26.5m30.4m34.3m33.5m30.8m27.4m

Gross profit

10.8m13.0m11.6m9.0m6.9m10.7m

Gross profit Margin, %

29%30%25%21%18%28%

General and administrative expense

3.5m3.6m4.4m4.2m5.8m8.4m

Operating expense total

11.7m3.6m14.3m12.0m18.6m18.8m

EBIT

(869.0k)41.0k(2.7m)(3.1m)(11.7m)(8.1m)

EBIT margin, %

(2%)0%(6%)(7%)(31%)(21%)

Interest expense

651.0k793.0k1.2m1.7m3.5m2.2m

Pre tax profit

(752.0k)(4.0m)

Income tax expense

(2.0k)

Net Income

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

Quarterly

USDQ3, 2013Q1, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

10.1m9.0m12.3m12.2m10.7m10.0m11.0m12.3m8.3m10.9m8.3m9.4m

Cost of goods sold

6.0m8.4m8.5m9.2m8.1m8.4m9.4m7.2m8.8m6.0m6.3m

Gross profit

2.9m3.9m3.6m1.6m1.9m2.6m2.9m1.1m2.1m2.3m3.0m

Gross profit Margin, %

32%32%30%15%19%24%23%13%19%28%32%

General and administrative expense

763.0k972.0k849.0k1.4m1.1m1.2m931.0k1.1m1.1m1.5m3.4m

Operating expense total

3.0m2.9m3.6m4.1m3.7m3.1m2.9m2.6m5.1m3.4m5.9m

EBIT

214.0k(32.0k)246.0k(493.0k)(2.1m)(1.2m)(347.0k)196.0k(1.6m)(1.1m)(2.8m)

EBIT margin, %

2%0%2%(4%)(20%)(12%)(3%)2%(19%)(14%)(30%)

Interest expense

180.0k188.0k195.0k193.0k321.0k378.0k416.0k415.0k416.0k757.0k485.0k435.0k

Pre tax profit

51.0k(2.5m)

Income tax expense

(3.0k)

Net Income

34.0k(220.0k)48.0k(686.0k)(2.5m)(1.6m)(763.0k)(219.0k)

Reed's Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

1.1m959.0k1.8m451.0k12.1m624.0k

Inventories

6.3m6.3m

Current Assets

10.0m11.5m13.5m10.3m20.9m10.9m

Total Assets

14.7m17.1m19.9m18.9m24.5m12.5m

Accounts Payable

3.6m5.9m7.5m6.0m7.5m5.7m

Current Liabilities

8.6m9.3m12.7m11.9m18.6m14.2m

Long-term debt

4.5m3.0m4.4m4.4m3.3m7.0m

Total Debt

4.5m4.4m4.4m3.3m7.0m

Total Liabilities

11.4m19.1m20.5m24.0m19.2m

Additional Paid-in Capital

25.3m26.3m27.4m30.0m49.8m53.6m

Retained Earnings

(22.0m)(22.7m)(26.7m)(31.7m)(50.1m)(60.4m)

Total Equity

3.4m3.7m785.0k(1.7m)508.0k(6.7m)

Debt to Equity Ratio

-2.6 x

Debt to Assets Ratio

0.2 x

Financial Leverage

4.4 x4.7 x25.3 x-11.4 x48.2 x-1.9 x

Reed's Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

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

Depreciation and Amortization

550.0k755.0k933.0k642.0k551.0k86.0k

Accounts Receivable

(107.0k)(428.0k)(497.0k)509.0k(551.0k)61.0k

Inventories

(499.0k)(269.0k)(1.6m)1.1m560.0k(1.2m)

Accounts Payable

244.0k2.3m1.6m(1.5m)1.5m(1.8m)

Cash From Operating Activities

(1.2m)1.0m(1.3m)(2.5m)(3.4m)(9.3m)

Purchases of PP&E

(602.0k)(330.0k)(532.0k)(410.0k)(813.0k)(159.0k)

Cash From Investing Activities

(602.0k)(330.0k)(532.0k)(410.0k)(813.0k)942.0k

Cash From Financing Activities

1.7m(831.0k)2.7m1.6m15.9m(3.2m)

Interest Paid

712.0k693.0k1.2m1.7m1.8m1.4m

Income Taxes Paid

2.0k

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017

Net Income

(686.0k)(2.5m)(1.6m)(763.0k)(219.0k)

Inventories

6.0m

Accounts Payable

4.1m5.8m7.2m7.5m7.7m7.7m5.7m7.2m6.6m7.0m

Reed's Ratios

USDY, 2018

EV/EBIT

-16 x

EV/CFO

-14 x

Revenue/Employee

732.7k

Financial Leverage

-1.9 x

Reed's Employee Rating

3.17 votes
Culture & Values
2.4
Work/Life Balance
3.4
Senior Management
2.7
Salary & Benefits
3.1
Career Opportunities
3.1
Source