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Reed s Inc   (REED)
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Reed s Inc

REED's Financial Statements and Analysis



Reed s Inc increased third quarter of 2023 net loss per share of $-0.34 compare to net loss per share of $-0.03 recorded in the same quarter a year ago and improved compare to net loss per share of $-0.99 realized in previous quarter.


third quarter of 2023
Earnings Per Share Revenues
$ -0.34 $  11 Mill
$-0.31     Unch.     -3.52 %



Reed S Inc 's Revenue fell by -3.52 % in third quarter of 2023 (Sep 30 2023) year on year, to $11 million and advanced by 16.03 % sequentially.


Reed S Inc is Expected to report next financial results on May 14, 2024.

More on REED's Income Statement



Reed S Inc 's in thethird quarter of 2023 recorded net loss of $-1.436 million, an improvement compare to net loss of $-3.231 million in III. Quarter a year ago.

Sequentially net loss narrowed from net loss of $-3.134 million realized in previous quarter.

More on REED's Growth

Reed S Inc Inventories
Inventories declined by -19.84 % to $15.96 million from III. Quarter a year ago, sequentially inventories rose by 16.61 %. REED's Cash flow In the third quarter of 2023 company's net cash flow was $1 million, capital expenditures fell by -0.0024,100.00%, to $0 millions compare to same quarter a year ago

More on REED's Cash flow Statement


Reed s Inc does not pay out common stock dividend.

In trailing twelve-month period Reed s Inc payed $ -0.75 cash per share, on a free-cash flow basis .


Tangible Book value grew to $ -3.23 per share from $ -3.83.

Company issued 0.99 million shares or 31.12 % in Sep 30 2023.


More on REED's Dividends

 Market Capitalization (Millions) 7
 Shares Outstanding (Millions) 4
 Total Debt (Millions $) 17
 Revenue (TTM) (Millions $) 47
 Net Income (TTM) (Millions $) -16
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 36




Reed s Inc does not pay out common stock dividend.

In trailing twelve-month period Reed s Inc had negative $ -0.75 cash flow per share, on a free-cash flow basis .


Tangible Book value grew to $ -3.23 per share from $ -3.83.

Company issued 0.99 million shares or 31.12 % in Sep 30 2023.


More on REED's Balance Sheets

 Market Capitalization (Millions) 7
 Shares Outstanding (Millions) 4
 Total Debt (Millions $) 17
 Revenue (TTM) (Millions $) 47
 Net Income (TTM) (Millions $) -16
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 36
   


  News about Reed s Inc Earnings

Reed S Inc Faces Declining Revenue in FY 2023, Amidst Industry Growth



In the fiscal period ending September 30, 2023, Reed S Inc experienced a decrease in revenue, resulting in diminishing returns for the company. However, it is important to examine these financial results within the context of the broader nonalcoholic beverages industry, which showcased positive growth during the same period. Despite challenges, Reed S Inc has shown signs of improvement with reduced deficits and progress in key financial indicators.
Diminishing Returns for Reed S Inc
Revenue for Reed S Inc fell by -3.516% to $11.03 million in the fiscal period ending September 30, 2023. This decline in revenue is significant, compounded by a shortfall per share of $-0.34 compared to $-0.03 p...

Reed S Inc Faces Steep Losses: Net Deficit Skyrockets and Revenue Plunges by 28.5% in Q2 FY2023



Reed S Inc, a leading company in the Nonalcoholic Beverages sector, has reported a significant increase in losses for the financial interval ending June 30, 2023. The company's net deficit per share has grown from $-0.05 to $-0.99, while revenue fell by -28.498% to $9.51 million from $13.30 million a year ago. This poor performance is in stark contrast to the overall growth observed in the Nonalcoholic Beverages sector during the same period. This financial report analyzes Reed S Inc's recent performance and its impact on shareholders.
Financial Analysis:
1. Increase in Net Deficit per Share:
The company's net deficit per share has drastically increased to $-0.99 from $-0.05, indicatin...


Date modified: 2023-11-30T13:29:50+00:00





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