Reed's, Inc.

Reed's, Inc.

REED
Reed's, Inc.US flagNew York Stock Exchange American
1.85
USD
+0.04
- -
17.33MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
142.77
159.88
167.84
935.53
127.62
75.13
48.23
34.31
27.18
26.26
12.64
4.72
4.1
1.66
Basic EPS, GAAP
-5.84
-2.79
-14.49
-110.44
-62.19
-20.37
-22.99
-8.39
-8.99
-9.93
-4.39
-1.64
-1.91
-1.08
Free Cash Flow per Basic Share
-6.87
2.53
-6.87
-64.83
-14.33
-18.57
-26.36
-7.96
-9.82
-7.69
-1.23
-0.78
-2.09
-0.95
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-84.18
-83.73
-97.56
-698.74
-169.53
-119.15
-109.17
-71.5
-56.52
-60.99
-39.21
-18.89
-20.2
-9.29
Tangible Book Value per Share
8.67
9.31
-1.23
-56.3
-1.32
-14.62
0.68
7.99
1.91
-4.55
-5.63
0.73
1.01
0.1
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
1
1
1
2
2
4
8
8
19
Sales/Revenue/Turnover
37
43
46
42
38
38
34
42
50
53
45
38
34
31
Operating Margin (%)
-2.33
0.64
-5.94
-5.45
-15.44
-21.2
-43.93
-20.7
-32.2
-27.97
-21.06
-21.38
-44.47
-62.93
Depreciation Expense
1
1
1
- -
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-2
-1
-4
-5
-18
-10
-16
-10
-16
-20
-16
-13
-16
-20
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-4.08
-1.74
-8.62
-11.79
-48.72
-27.1
-47.64
-24.46
-33.07
-37.81
-34.72
-34.65
-46.51
-65.03
Working Capital
1
2
1
-2
2
-3
5
10
3
-2
-9
6
8
2
LT Debt
3
4
6
8
5
5
5
1
- -
8
11
1
1
1
Total Equity
3
4
1
-2
1
-7
1
10
4
-8
-19
7
9
3
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
9
9
9
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
12
12
Market Capitalization
20
37
68

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
18
21
17
Cash, Cash Equivalents & STI
4
10
5
Accounts Receivable, Net
2
2
3
Inventories
11
8
8
Total Current Liabilities
16
13
15
Payables & Accruals
7
4
6
ST Debt
9
9
9
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-151.07%
-66.33%
37.65%
Free Cash Flow
49.13%
44%
175.23%
Net Income, GAAP
33.47%
13.2%
20.45%
Sales/Revenue/Turnover
-2.09%
-2.99%
-10.25%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10
12
7
10
38
2025
10
10
7
7
34
2026
7
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.4
-0.77
-4.91
-0.28
-1.64
2025
-0.27
-0.13
-0.48
-0.44
-1.91
2026
-0.55
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Yumin Dai
Full Time Employees
24
Sector
Consumer Defensive
Industry
Beverages - Non-Alcoholic
Address
201 Merritt 7 Corporate Park Norwalk CT United States of America 06851
IPO Date
Dec 29, 2006
Business
Reed's, Inc. manufactures and distributes a portfolio of premium, naturally bold craft beverages, including its flagship Reed's brand ginger beers, real ginger ales, ready-to-drink Classic Mules, Hard Ginger Ale, ginger shots and candies; Virgil's award-winning handcrafted sodas in flavors such as Root Beer, Vanilla Cream, Black Cherry and Orange Cream, available in both cane sugar-sweetened and zero sugar ketogenic varieties; and Flying Cauldron non-alcoholic butterscotch beer. Founded in 1989 by Christopher J. Reed and headquartered in Norwalk, Connecticut, the company operates an asset-light model by outsourcing production to third-party co-packers while focusing on branding, marketing and sales through direct store delivery, retail chains, mass merchants, natural food stores, convenience outlets, club stores and e-commerce via drinkreeds.com. Products reach over 40,000 stores nationwide across North America, targeting health-conscious consumers, cocktail enthusiasts and premium soda aficionados seeking all-natural, non-GMO options without artificial preservatives. In September 2024, D&D Source of Life Holding Ltd. acquired a controlling equity stake and convertible notes, transitioning the company from Nasdaq to OTCQX trading under ticker REED; in September 2025, Reed's secured $5 million in private placement equity financing for working capital and growth initiatives while appointing securities law expert Michael Tu to its board of directors, replacing Lee Edwards.

Company News

APIChat
  • Reed's, Inc. (REED) Q1 2026 Earnings Call Transcript

  • Reed's Reports First Quarter 2026 Results

  • Reed's Schedules First Quarter 2026 Conference Call for May 13 at 8:30 a.m. ET

  • Reed's Announces Appointment of Damian Warshall as Chief Operating Officer

  • Reed’s Announces Appointment of Damian Warshall as Chief Operating Officer

  • Contrasting Blue Gem Enterprise (OTCMKTS:BGEM) and Reeds (OTCMKTS:REED)

  • Reeds Q4 Earnings Call Highlights

  • Reed's, Inc. (REED) Q4 2025 Earnings Call Transcript

  • Reed's Reports Fourth Quarter and Full Year 2025 Results; Announces Leadership Transition

  • Reed's Schedules Fourth Quarter & Full Year 2025 Conference Call for March 25 at 8:30 a.m. ET

  • Reeds (OTCMKTS:REED) Stock Price Up 1% – Still a Buy?

  • Reeds, Inc.’s (OTCMKTS:REED) Quiet Period Will Expire on January 14th

  • Reed's, Inc. Announces Appointment of Neal Cohane as Chief Operating Officer

  • Here Are Monday’s Top Wall Street Analyst Research Calls: BlackSky Technology, Cummins, Lamb Watson, Ollie’s Bargain Outlet, Sealed Air, Volaris, and More

  • Reed's, Inc. Announces Closing of $10 Million Public Offering and Uplisting to NYSE American Stock Exchange

  • U.S. IPO Weekly Recap: December Kicks Off With 3 Notable Launches In A Week With 7 SPACs

  • Reed's, Inc. Announces Pricing of $10 Million Public Offering and Uplisting to NYSE American Stock Exchange

  • Reeds (OTCMKTS:REED) Trading 60% Higher – Should You Buy?

  • Reviewing CocaCola (NYSE:KO) and Reeds (OTCMKTS:REED)

  • Reeds, Inc. (REED) Q3 2025 Earnings Call Transcript