Splash(SBEV)

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Splash(SBEV) - 2025 FY - Earnings Call Transcript
2025-08-29 15:02
Financial Data and Key Metrics Changes - The company proposed an amendment to increase the number of authorized shares of common stock from 7,500,000 to 400,000,000, following a reverse split to meet New York Stock Exchange requirements [4][5]. Business Line Data and Key Metrics Changes - No specific data on business lines or key metrics was provided in the meeting [8]. Market Data and Key Metrics Changes - No specific market data or key metrics were discussed during the meeting [8]. Company Strategy and Development Direction and Industry Competition - The increase in authorized shares is aimed at ensuring the company can function properly and support its growth strategy [4][5]. Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the proposal to amend the Articles of Incorporation, indicating a positive outlook for the company's operational capabilities [4][5]. Other Important Information - The proposal was approved by the required vote of stockholders, with final voting results to be reported in a current report Form 8-K to be filed with the SEC [7]. Q&A Session Summary - There were no questions presented during the Q&A session, and the meeting concluded without further inquiries [6][7].
Splash(SBEV) - 2025 FY - Earnings Call Transcript
2025-08-29 15:00
Financial Data and Key Metrics Changes - The company proposed to increase the number of authorized shares of common stock from 7,500,000 to 400,000,000, following a reverse split to meet New York Stock Exchange requirements [4][5]. Business Line Data and Key Metrics Changes - No specific data or metrics regarding individual business lines were provided in the meeting [6]. Market Data and Key Metrics Changes - No specific market data or metrics were discussed during the meeting [6]. Company Strategy and Development Direction and Industry Competition - The increase in authorized shares is aimed at ensuring the company can function properly and support its growth strategy [4][5]. Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during the meeting [6]. Other Important Information - The proposal to amend the Articles of Incorporation was approved by the required vote of stockholders, with final voting results to be reported in a current report filed with the SEC [7][8]. Q&A Session All Questions and Answers - There were no questions presented during the Q&A session [6][7].
Splash(SBEV) - 2025 FY - Earnings Call Transcript
2025-08-29 15:00
Financial Data and Key Metrics Changes - The company proposed to increase the number of authorized shares of common stock from 7,500,000 to 400,000,000, following a reverse split to meet New York Stock Exchange requirements [4][5]. Business Line Data and Key Metrics Changes - No specific data or metrics regarding individual business lines were provided in the meeting [6]. Market Data and Key Metrics Changes - No specific market data or metrics were discussed during the meeting [6]. Company Strategy and Development Direction and Industry Competition - The proposal to amend the Articles of Incorporation is aimed at ensuring the company can function properly in the market [4][5]. Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during the meeting [6]. Other Important Information - The proposal to increase the authorized shares was approved by the required vote of stockholders, with final voting results to be reported in a current report Form 8-K filed with the SEC [7]. Q&A Session All Questions and Answers Question: Were there any questions from stockholders? - No questions were presented during the Q&A session [6][7].
Splash(SBEV) - 2025 Q2 - Quarterly Report
2025-08-14 20:40
U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _________ Commission File No. 001-40471 SPLASH BEVERAGE GROUP, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or ...
Splash(SBEV) - 2024 Q1 - Quarterly Report
2024-05-15 21:15
U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _________ Commission File No. 001-40471 SPLASH BEVERAGE GROUP, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation o ...
Splash(SBEV) - 2023 Q4 - Annual Report
2024-03-29 21:06
U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Address of principal executive offices) (Zip code) For the transition period from _________to _________ (954) 745-5815 Commission File Number 001-40471 SPLASH BEVERAGE GROUP, INC. 1314 E Las Olas Blvd. Suite 221 Fort Laude ...
Splash(SBEV) - 2023 Q3 - Quarterly Report
2023-11-14 21:06
U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _________ Commission File No. 001-40471 SPLASH BEVERAGE GROUP, INC. (Exact name of registrant as specified in its charter) 1314 E Las Olas Blvd. Suite 221 Fort Lauder ...
Splash(SBEV) - 2023 Q2 - Quarterly Report
2023-08-14 20:02
U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (I.R.S. employer identification number) 1314 E Las Olas Blvd. Suite 221 Fort Lauderdale, FL 33301 For the quarterly period ended June 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _________ Commission File No. 001-40471 SPLASH BEVERAGE GROUP, INC. (Exac ...
Splash(SBEV) - 2023 Q1 - Quarterly Report
2023-06-05 21:36
U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _________ Commission File No. 001-40471 SPLASH BEVERAGE GROUP, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation o ...
Splash(SBEV) - 2022 Q4 - Earnings Call Transcript
2023-04-11 18:08
Financial Data and Key Metrics Changes - Net revenues for the full year increased to $18.1 million, up from $11.3 million in 2021, representing a 60% increase [16] - Fourth quarter revenues rose to $4.8 million, up from $3.1 million in the prior year, marking a 56% increase [16] - Gross margins for the year were 32.7%, a decline of 2 percentage points from 2021's 36.6% due to inflationary pressures [17] - Net losses decreased to $21.7 million in 2022 from $29.1 million in 2021 [18] - Cash operating expenses increased by 36% in 2022, with marketing expenses, freight-to-customers, and Amazon fees being the primary drivers [18] Business Line Data and Key Metrics Changes - The increase in revenues was primarily attributed to sales growth from the company's e-commerce division and distribution platform, Qplash [16] Market Data and Key Metrics Changes - The company has signed significant distribution agreements, primarily with Bud Network and MillerCoors, enhancing its distribution capabilities [20][21] Company Strategy and Development Direction - The company is focused on growing its legacy brands and evaluating potential acquisitions, with a strong emphasis on distribution as a key to future success [11][12] - The management team is committed to expanding beyond the current revenue levels and is actively pursuing acquisition targets [12][41] - The company is working on the exclusive rights to CartoCan, which is expected to help reduce costs and create additional revenue opportunities [13][44] Management's Comments on Operating Environment and Future Outlook - Management believes the company is at an inflection point where brands will start to gain traction and accelerate growth [74] - There is an expectation for continued momentum and growth quarter-to-quarter and year-over-year, with a focus on increasing product placements [35][36] Other Important Information - The company is optimistic about the rollout of TapouT energy drinks, with production expected to begin soon [26] - Management is exploring various options for financing acquisitions, depending on the specific brand and market conditions [42] Q&A Session Summary Question: What does the pipeline look like for additional distribution agreements? - Management confirmed that they have signed significant agreements and are building out their distribution network, primarily through direct store delivery agreements [20][21] Question: Can you discuss the rollout of Tapout energy? - The production of TapouT cans is in progress, with an expected rollout by the end of April or early May [26] Question: What growth metrics are being seen in Q1? - Management refrained from providing specific guidance but indicated that they expect continued growth momentum [35][36] Question: Can you provide clarity on the exclusivity of CartoCan? - The company has exclusive rights in the U.S. for CartoCan, but does not hold global exclusive rights [63][64] Question: How have market conditions affected acquisition multiples? - Management noted that challenging capital market conditions could compress multiples, but they remain focused on acquisitions [50][52] Question: What geographic areas are being targeted for growth? - The company is focusing on the Southwest and Southeast regions for expansion, with specific chain-driven strategies [56][57]