SBEV (SBEV)
Splash Beverage Group, Inc.
AMEX:SBEVConsumer Defensive · Beverages - Alcoholic
Mkt Cap-
Float-
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$73K
Net Income-$25.23M
Total Assets$966K
Free Cash Flow-$4.79M
Debt & Equity
Total Debt$6.67M
Total Equity-$15.3M
Preferred Stock$123
Shares Outstanding
Short Interest
Split History3 splits · 3 reverse
2-year cumulative
1:160
Nasdaq bars a compliance period at 1:250
- 1:4Reverse splitJul 27, 20264 shares → 1
- 1:40Reverse splitMar 28, 202540 shares → 1
- 1:3Reverse splitJun 11, 20213 shares → 1
Balance Sheet Details
Assets$966K
Liabilities$16.27M
Accounts Receivable$109K
Accounts Payable$4.81M
Inventory$34K
PP&E (Net)$61K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 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 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Revenue | $73K | $4.16M | $18.85M | $18.09M | $11.32M | $2.3M | $1.02M | $1.31M | $895K | $1.01M | $897K | $606K | $475K | $309K |
| YoY Growth | -98.2% | -78.0% | 4.2% | 59.8% | 392.0% | 126.0% | -22.3% | 46.2% | -11.6% | 12.8% | 48.1% | 27.5% | 53.9% | - |
| Cost of Revenue | $56K | $3.8M | $13.28M | $12.17M | $8.73M | $1.94M | $509K | $605K | $440K | $485K | $427K | $256K | $236K | $131K |
| Gross Profit | $17K | $355K | $5.57M | $5.92M | $2.58M | $364K | $509K | $704K | $455K | $527K | $470K | $350K | $239K | $178K |
| Gross Margin | 23.1% | 8.6% | 29.5% | 32.7% | 22.8% | 15.8% | 50.0% | 53.8% | 50.8% | 52.1% | 52.4% | 57.7% | 50.3% | 57.6% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $13.44M | $15.47M | $19.45M | $25.81M | $30.08M | $12.42M | $916K | $3M | $1.07M | $522K | $422K | $350K | $236K | $187K |
| Other | $760K | $928K | $1.4M | $1.51M | $1.58M | $5.61M | $64K | $63K | $72K | $56K | $30K | $28K | $2K | $0 |
| Total Operating Expenses | $14.2M | $16.4M | $20.86M | $27.31M | $31.66M | $18.03M | $979K | $637K | $612K | $577K | $451K | $378K | $238K | $187K |
| Operating Income (EBIT) | -$14.19M | -$16.05M | -$15.29M | -$21.39M | -$29.08M | -$17.66M | -$470K | $67K | -$157K | -$50K | $19K | -$28K | $618 | -$9K |
| Operating Margin | -19415.6% | -386.2% | -81.1% | -118.3% | -257.0% | -767.9% | -46.2% | 5.1% | -17.6% | -4.9% | 2.1% | -4.6% | 0.1% | -3.0% |
| Interest Expense | $4.37M | $7.38M | $5.69M | $251K | $443K | $1.98M | $8K | $6K | $4K | $5K | $5K | $4K | $4K | -$3K |
| Interest Income | $0 | $2K | $3K | $6K | $643 | $8 | $501 | $0 | $0 | $0 | $0 | $0 | $0 | $2 |
| Other Income (Expense) | -$10.16M | -$7.71M | -$5.72M | -$245K | -$262K | -$1.93M | -$7K | $2K | $10K | $1K | $254 | -$2K | -$4K | -$3K |
| Income Before Tax (EBT) | -$24.35M | -$23.76M | -$21M | -$21.64M | -$29.35M | -$19.59M | -$477K | $68K | -$148K | -$49K | $19K | -$30K | -$3K | -$13K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$25.23M | -$23.76M | -$21M | -$21.84M | -$29.05M | -$28.67M | -$5.14M | $68K | -$148K | -$49K | $19K | -$30K | -$3K | -$13K |
| Net Income Margin | -34537.0% | -571.7% | -111.4% | -120.7% | -256.7% | -1246.7% | -504.6% | 5.2% | -16.5% | -4.8% | 2.1% | -5.0% | -0.7% | -4.1% |
| Supplementary Data | ||||||||||||||
| EPS | -47.88 | -70.72 | -79.17 | -92.60 | -160.83 | -19.84 | -0.48 | 0.07 | -0.16 | -0.05 | 0.02 | -0.03 | -0.00 | -0.01 |
| Diluted EPS | -47.88 | -70.72 | -79.17 | -92.60 | -160.83 | -19.84 | -0.48 | 0.07 | -0.16 | -0.05 | 0.02 | -0.03 | -0.00 | -0.01 |
| Weighted Average OS | 544,599 | 334,607 | 265,310 | 233,687 | 180,627 | 38,622 | 24,528 | 23,720 | 23,474 | 23,494 | 23,494 | 23,494 | 23,494 | 59,375 |
| EBITDA | -$19.52M | -$15.84M | -$14.77M | -$20.45M | -$28.79M | -$17.47M | -$4.41M | $130K | -$85K | $6K | $49K | $215 | $3K | -$9K |
| EBITDA Margin | -26721.4% | -381.1% | -78.3% | -113.1% | -254.4% | -759.5% | -433.1% | 9.9% | -9.5% | 0.6% | 5.4% | 0.0% | 0.5% | -3.0% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 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 | 2014-12-31 | 2013-12-31 |
| Assets | |||||||||||||
| Current Assets | |||||||||||||
| Cash and Cash Equivalents | $281K | $15K | $380K | $4.43M | $4.18M | $380K | $23K | $7K | $18K | $62K | $7K | $25K | $669 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $281K | $15K | $380K | $4.43M | $4.18M | $380K | $23K | $7K | $18K | $62K | $7K | $25K | $669 |
| Accounts Receivable | $109K | $632K | $1.12M | $2.16M | $1.16M | $576K | $310K | $301K | $151K | $206K | $167K | $80K | $59K |
| Inventory | $34K | $893K | $2.25M | $3.72M | $1.92M | $798K | $31K | $42K | $25K | $25K | $22K | $14K | $13K |
| Other Current Assets | $0 | $0 | $0 | $0 | $473K | $317K | $19K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $632K | $1.9M | $3.98M | $10.66M | $8.34M | $2.24M | $382K | $350K | $194K | $293K | $196K | $119K | $72K |
| Long-Term Assets | |||||||||||||
| Property, Plant & Equipment Net | $61K | $556K | $906K | $1.24M | $1.6M | $981K | $44K | $59K | $47K | $62K | $44K | $47K | $24K |
| Goodwill | $0 | $0 | $257K | $257K | $257K | $5.67M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $4.46M | $4.85M | $5.6M | $220K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $250K | $250K | $250K | $250K | $250K | $250K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $331K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $23K | $49K | $49K | $49K | $0 | -$142K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $334K | $855K | $5.92M | $6.65M | $8.04M | $6.98M | $44K | $59K | $47K | $62K | $44K | $47K | $24K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $966K | $2.76M | $9.9M | $17.3M | $16.39M | $9.23M | $426K | $408K | $241K | $355K | $240K | $167K | $96K |
| Liabilities | |||||||||||||
| Current Liabilities | |||||||||||||
| Accounts Payable | $4.81M | $5.23M | $4.44M | $3.38M | $1.91M | $1.52M | $354K | $331K | $226K | $209K | $135K | $71K | $43K |
| Short-Term Debt | $6.61M | $10.22M | $8.33M | $1.08M | $3.71M | $2.43M | $271K | $74K | $74K | $81K | $85K | $87K | $95K |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $562K | $812K | -$552K | -$331K | -$226K | -$209K | $0 | -$71K | $0 |
| Other Current Liabilities | $1.67M | $0 | $0 | $92K | -$173K | $149K | $552K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $16.26M | $19.37M | $14.75M | $4.97M | $6.48M | $5.42M | $643K | $405K | $300K | $290K | $220K | $159K | $138K |
| Long-Term Liabilities | |||||||||||||
| Long-Term Debt | $3K | $1.97M | $458K | $2.54M | $300K | $1.91M | $2K | $5K | $14K | $25K | $21K | $29K | $18K |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $1.98M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $6K | $2.02M | $754K | $3.02M | $1.03M | $3.91M | $2K | $5K | $14K | $25K | $21K | $29K | $18K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $16.27M | $21.39M | $15.5M | $7.98M | $7.51M | $9.33M | $645K | $411K | $314K | $316K | $241K | $187K | $155K |
| Stockholders' Equity | |||||||||||||
| Preferred Stock | $123 | $0 | $0 | $0 | $0 | $9.25M | $0 | $7K | $7K | $0 | $0 | $0 | $0 |
| Common Stock | $3K | $2K | $44K | $41K | $34K | $21K | $346K | $246K | $244K | $209K | $119K | $119K | $49K |
| Retained Earnings | -$181.9M | -$155.83M | -$133.33M | -$112.33M | -$90.64M | -$61.59M | -$725K | -$248K | -$316K | -$169K | -$120K | -$139K | -$109K |
| Comprehensive Income & Other | $34K | $81K | -$17K | -$20K | $0 | $0 | $0 | -$93K | -$93K | -$76K | $0 | -$24K | $0 |
| Other Stockholders' Equity | $166.6M | $137.2M | $127.69M | $121.61M | $99.48M | $61.47M | $161K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Equity | -$15.3M | -$18.63M | -$5.61M | $9.32M | $8.87M | -$102K | -$219K | -$3K | -$73K | $40K | -$1K | -$21K | -$60K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $966K | $2.76M | $9.9M | $17.3M | $16.39M | $9.23M | $426K | $408K | $241K | $355K | $240K | $167K | $96K |
| Supplementary Data | |||||||||||||
| Total Debt | $6.67M | $12.55M | $9.35M | $4.37M | $5.04M | $4.42M | $291K | $80K | $88K | $107K | $106K | $116K | $112K |
| Net Debt | $6.39M | $12.54M | $8.97M | -$66K | $857K | $4.04M | $268K | $73K | $70K | $45K | $99K | $91K | $112K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 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 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Operating Activities | ||||||||||||||
| Net Income | -$24.35M | -$23.76M | -$21M | -$21.71M | -$29.05M | -$28.67M | -$477K | $68K | -$148K | -$49K | $19K | -$30K | -$3K | -$13K |
| Depreciation & Amortization | $457K | $540K | $546K | $936K | $112K | $137K | $63K | $56K | $58K | $50K | $24K | $26K | $2K | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $6.93M | -$10K | -$1.73M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $8.51M | $2.36M | $1.17M | $0 | $11.13M | $2.33M | $161K | $1.66M | $72K | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | $176K | $494K | $921K | -$698K | -$630K | -$385K | -$9K | -$150K | $55K | -$39K | -$87K | -$22K | -$44K | -$955 |
| Inventory | $286K | $1.36M | $1.47M | -$1.8M | -$1.13M | -$220K | $11K | -$16K | $22 | -$4K | -$7K | -$2K | -$13K | $0 |
| Accounts Payable | $729K | $1.16M | $1.06M | $1.59M | $446K | -$64K | -$127K | $161K | $17K | $74K | $64K | $28K | $22K | -$6K |
| Other Working Capital | $1.81M | $1.83M | $1.81M | $213K | -$909K | -$240K | $150K | -$56K | $575K | $0 | $0 | $0 | $0 | $7K |
| Total Working Capital Change | $3M | $4.85M | $5.26M | -$689K | -$2.22M | -$910K | $25K | -$61K | $72K | $31K | -$30K | $5K | -$34K | -$7K |
| Other Non-Cash Items | $7.59M | $8.01M | $3.84M | $7.37M | -$2.03M | $4.02M | $1.73M | -$1.66M | -$72K | $0 | $84K | $0 | $0 | $3K |
| Net Cash from Operating | -$4.79M | -$8M | -$10.19M | -$14.09M | -$15.13M | -$23.1M | -$228K | $62K | -$18K | $32K | $13K | $1K | -$36K | -$17K |
| Investing Activities | ||||||||||||||
| Capital Expenditures | $0 | -$3K | -$14K | -$103K | $0 | -$91K | -$54K | -$76K | -$58K | -$58K | -$21K | -$30K | $26K | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | -$678K | $0 | $8K | $16K | $6K | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | -$250K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $250K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | -$12K | $6K | $8K | $16K | $6K | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | -$3K | -$14K | -$103K | $0 | -$780K | -$48K | -$68K | -$42K | -$52K | -$21K | -$30K | $26K | $0 |
| Financing Activities | ||||||||||||||
| Debt Repaid | -$3.8M | -$7.54M | -$5.57M | -$3.41M | $745K | -$2.36M | $9K | $12K | $11K | $9K | $7K | $13K | $2K | -$3K |
| Common Stock Issuance | $1.3M | $0 | $0 | $11.43M | $19.63M | $20.18M | $100K | $2K | $35K | $90K | $0 | $69K | $34K | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $9K | $580K | -$790K | $49K | -$46K | $198K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $5.1M | $7.54M | $6.15M | $14.05M | $18.93M | $22.49M | $293K | -$6K | $16K | $74K | -$10K | $53K | $29K | $18K |
| Forex Effect | -$49K | $98K | $4K | $400K | $0 | $1.78M | $0 | $0 | $0 | $0 | $0 | $0 | -$26K | $0 |
| Net Change in Cash | $266K | -$365K | -$4.05M | $250K | $3.8M | $388K | $16K | -$11K | -$44K | $54K | -$18K | $24K | -$7K | $921 |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | -$4.79M | -$8M | -$10.19M | -$14.09M | -$15.13M | -$23.1M | -$228K | $62K | -$18K | $32K | $13K | $1K | -$36K | -$17K |
| Capital Expenditure | $0 | -$3K | -$14K | -$103K | $0 | -$91K | -$54K | -$76K | -$58K | -$58K | -$21K | -$30K | $26K | $0 |
| Free Cash Flow | -$4.79M | -$8.01M | -$10.2M | -$14.2M | -$15.13M | -$23.2M | -$283K | -$13K | -$76K | -$26K | -$8K | -$29K | -$10K | -$17K |
| Cash at Beginning | $15K | $380K | $4.43M | $4.18M | $380K | $43K | $7K | $18K | $62K | $7K | $25K | $669 | $7K | $6K |
| Cash at End | $281K | $15K | $380K | $4.43M | $4.18M | $431K | $23K | $7K | $18K | $62K | $7K | $25K | $669 | $7K |