SBEV Earnings Prediction
The chart below shows how SBEV performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SBEV sees a +18.36% change in stock price 10 days leading up to the earnings, and a +1.93% change 10 days following the report. On the earnings day itself, the stock moves by -6.31%. This data can give you a slight idea of what to expect for the next quarter's release.
SBEV Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
981.86K
-80.91%
-6.20%
Gross Margin
29.64%
17.57%
26.94%
Operating Margin
-271.89%
223.49%
-22.89%
Net Margin
-480.68%
336.07%
-5.54%
EPS
-0.90
-592.31%
718.18%
No Data Available
SBEV Earnings Analysis
Splash Beverage Group, Inc. Corporation (SBEV.A) Earnings Conference Call
Positive
Gross Margin Improvement: Q3 2024 Splash gross margins increased to 30%, up from 23% in Q2 2024 and 11% in Q1 2024.
Reduced SG&A Expenses: Lower SG&A spending for the period down $500,000 from Q2 2024.
Capital Raise Achievement: Capital raise of approximately $8 million since August of 2024.
Gross Margin Increase: Q3 gross margins increased by $244,000 from Q2 to $981,000 in Q3.
Market Expansion Funding: The company has secured commitments of roughly $8 million in capital to expand its markets and presence.
Negative
Net Sales Decline: Q3 2024 net sales were $381,000, down slightly from Q2 2024, which is a little over $1 million.
Inventory-Driven Sales Decline: Sales declines were driven by limited inventory due to the liquidity challenges that we mentioned previously.
EBITDA Loss Improvement: Q3 EBITDA was a loss of $1.7 million for the period versus a loss of $2.2 million in Q2 2024, driven by higher gross margins and lower SG&A spending.
Net Loss Improvement: Net loss for Q3 was $4.6 million. This is a $700,000 improvement from prior quarter and $1 million lower than Q3 2023.
Tight Liquidity and Working Capital: Liquidity and working capital, as previously noted, was tight for the period.
SBEV FAQs
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SBEV Earning Call Sentiment
Splash Beverage Group, Inc. (SBEV) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
SBEV.A
5.96%Positive
The earnings call reveals liquidity challenges, declining sales, legal issues, and reliance on future capital raises. Despite improved gross margins, the company's financial health is concerning, with a significant net loss and low cash balance. The Q&A section highlights delays in acquisitions and funding, with management's responses lacking clarity. These factors, along with potential risks from legal issues and economic conditions, suggest a negative stock price reaction in the short term.
