Heritage Distilling Holding Company, Inc.

Heritage Distilling Holding Company, Inc.

CASK
Heritage Distilling Holding Company, Inc.US flagNASDAQ Capital Market
0.60
USD
+0.12
- -
15.94MMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
1
1
1.63
6.56
0.85
Basic EPS, GAAP
-0.87
-1.48
-7.52
0.17
-2.33
Free Cash Flow per Basic Share
-1.07
-1.2
-1.74
-8.84
-1.08
Dividend per Share
- -
- -
- -
- -
- -
Book Value per Share
-3.11
-4.59
-15.3
-57.86
-9.92
Tangible Book Value per Share
0.63
-0.8
-8.88
-0.17
-0.46
Basic Weighted Avg Shares
8
8
5
1
9
Sales/Revenue/Turnover
8
8
8
8
7
Operating Margin (%)
-95.66
-142.32
-113.46
-151.43
-219.61
Depreciation Expense
1
2
2
2
2
Net Income, GAAP
-7
-12
-37
1
-18
Effective Tax Rate (%)
- -
- -
- -
1.27
- -
Profit Margin (%)
-87.11
-147.64
-461.64
8.46
-254.23
Working Capital
-2
-16
-58
-10
-13
LT Debt
11
11
5
12
12
Total Equity
5
-7
-43
1
-3
Return on Invested Capital (%)
- -
- -
- -
-74.03
- -
Return on Capital (%)
- -
- -
- -
-8.52
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
5
5
5
LT Borrowings
9
9
9
LT Finance Leases
3
3
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
7
24
Market Capitalization
8
3
3

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
4
3
3
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
1
- -
- -
Inventories
2
3
2
Total Current Liabilities
14
14
16
Payables & Accruals
8
8
10
ST Debt
5
5
5
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-101.82%
Free Cash Flow
- -
- -
33.1%
Net Income, GAAP
- -
- -
-101.93%
Sales/Revenue/Turnover
- -
- -
5.41%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
2
2
2
2
8
2024
2
2
2
3
8
2025
1
1
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-0.53
- -
-0.7
- -
-7.52
2024
0.09
1.72
-0.7
- -
0.17
2025
-0.34
-0.77
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Justin B. Stiefel
Full Time Employees
62
Sector
Consumer Defensive
Industry
Beverages - Alcoholic
Address
9668 Bujacich Road Gig Harbor WA United States of America 98332
IPO Date
Nov 22, 2024
Business
Heritage Distilling Holding Company, Inc. (Nasdaq: CASK) operates as a premier independent craft distillery in the United States, producing, marketing and selling a diverse portfolio of award-winning spirits including whiskeys, vodkas, gins, rums and ready-to-drink canned cocktails; the company utilizes local, sustainably sourced ingredients and innovative distilling techniques across its product lines such as the Salute Series premium whiskeys, Cocoa Bomb Chocolate Whiskey and Tribal Beverage Network brands developed in partnership with Native American tribes. Heritage Distilling maintains two production distilleries and seven tasting rooms primarily in Washington and Oregon, encompassing locations in Gig Harbor, Tumwater, Roslyn and Arlington in Washington, as well as Eugene in Oregon including the Thinking Tree Spirits facility and tasting rooms on Madison Street and 5th Street; it distributes products through wholesale channels, direct on-premises sales, e-commerce and tribal casino venues with a focus on the Pacific Northwest and expanding national reach. Founded in 2011 by Justin and Jennifer Stiefel along with U.S. Army veterans Drew and Sara Kellerman, the company is headquartered at 9668 Bujacich Rd. in Gig Harbor, Washington, and holds the distinction of being the most awarded craft distillery in North America by the American Distilling Institute for ten consecutive years. Recent developments include the 2024 acquisition of Thinking Tree Spirits, an Oregon-based craft producer, which expanded production facilities and retail tasting rooms in Eugene; the launch of the Tribal Beverage Network to foster collaborations with Native American tribes for branded distilleries and unique tribal spirits targeting casino patrons; and in 2025, the announcement of a $360 million $IP token reserve in partnership with Story Foundation and participation from a16z crypto, alongside detailed plans for treasury reserves on the Story Protocol platform.

Company News

APIChatGPT
  • Heritage Distilling (NASDAQ:IPST) Trading Up 3% – Should You Buy?

  • Heritage Distilling Announces Ticker Symbol Change to “IPST”

  • Heritage Distilling shares jump as firm clarifies crypto IP strategy

  • Heritage Distilling Introduces IP Strategy, Reflecting New Focus on $IP Token Treasury Strategy and the $80 Trillion Intellectual Property Economy

  • Heritage Distilling Completes $223.8 Million Private Placement, Reducing Debt by $19.3 Million While Adding More than $320 Million in $IP Tokens to Treasury

  • Heritage Distilling (Nasdaq: CASK) and Story Foundation Announce the Launch of $360M $IP Token Reserve, With Participation from a16z crypto and Other Prominent Investors

  • Heritage Distilling (Nasdaq: CASK) and Story Foundation Announce the Launch of $360M $IP Token Reserve, With Participation from a16z crypto and Other Prominent Investors

  • Heritage Distilling Delivers Cryptocurrency Remarks at Summit Investor Conference

  • Heritage Distilling Holding Company, Inc. CEO & Co-Founder Justin Stiefel to Present at the Investor Summit Virtual on June 10, 2025

  • Heritage Distilling Company Advances Strategic Crypto Initiatives

  • Heritage Distilling Announces Bitcoin Bourbon: Limited-Edition Crypto-Inspired Whiskey Launch & 1 BTC Giveaway

  • Heritage Distilling Co. Announces Launch of Newest Salute Series Whiskey Honoring Green Berets

  • Heritage Distilling Co. Regains Compliance with Nasdaq Listing Rules After Receiving Notice of Non-Compliance

  • Heritage Distilling Co. Reports Full Year 2024 Financial Results

  • Heritage Distilling Co. Cocoa Bomb Chocolate Whiskey Named “World's Best Flavored Whiskey” at Whisky Magazine's World Whiskies Awards

  • Inc. Names Jennifer Stiefel to Its 2025 Female Founders 500 List

  • Heritage Distilling Co. Announces Recent Achievements and Key Milestones for Salute Series Line of Premium Whiskeys

  • Heritage Distilling Co. Cocoa Bomb Chocolate Whiskey Named “Best Flavored Whiskey” in the United States at Whisky Magazine's World Whiskies Awards

  • Heritage Distilling Co. Announces Sell Out of First Run of 80th Anniversary of the Battle of Iwo Jima Bourbon; Announces Passing $200,000 Raised for Military Charities

  • Heritage Distilling Co. Launches the “Salute Series Whiskey – Battle of Iwo Jima: 80th Anniversary Edition”