Brewbilt Manufacturing Inc (VTNL) Earnings Report, Financial Results, Financial analysis

Brewbilt Manufacturing Inc reported in the second quarter of 2023 net earnings per share of $0.01 an increase by 0 % year on year from $0.00 and an improvement compare to net loss per share of $-0.24 realized in previous quarter.

*second quarter of 2023*
Earnings Per Share	Revenues
$ 0.01	$ 0 Mill
$+0.01	$-1M -63.58 %

Brewbilt Manufacturing Inc 's Revenue fell by -63.58 % in second quarter of 2023 (Jun 30 2023) year on year, to $0 million and advanced by 10.87 % sequentially.

Brewbilt Manufacturing Inc is Expected to report next financial results on November 07, 2023.

More on VTNL's Income Statement

VTNL's NET INCOME

Brewbilt Manufacturing Inc 's net income of $0.928 million in the second quarter of 2023 increased from net loss of $-2.311 million II. Quarter a year ago.

Sequentially Company turn into Profitability from net loss of $-3.011 million recorded in previous quarter.

More on VTNL's Growth

Brewbilt Manufacturing Inc Inventories
Inventories declined by -4.75 % to $0.19 million from II. Quarter a year ago, sequentially inventories rose by 5.78 %. In Jun 30 2023 company's net cash and cash equivalents decreased by $0 million

Earnings quality

Brewbilt Manufacturing Inc does not pay out common stock dividend.

In trailing twelve-month period Brewbilt Manufacturing Inc payed $ 0.00 cash per share, on a free-cash flow basis .

Tangible Book value grew to $ -0.16 per share from $ -1.46.

Company issued 96.92 million shares or 766.36 % in Jun 30 2023.

• More on VTNL's Dividends

Market Capitalization (Millions)	1
Shares Outstanding (Millions)	110
Total Debt (Millions $)	0
Revenue (TTM) (Millions $)	-753
Net Income (TTM) (Millions $)	-5
Cash Flow (TTM) (Millions $)	0
Capital Exp. (TTM) (Millions $)	0
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	-

Earnings quality

Brewbilt Manufacturing Inc does not pay out common stock dividend.

In trailing twelve-month period Brewbilt Manufacturing Inc had negative $ 0.00 cash flow per share, on a free-cash flow basis .

Tangible Book value grew to $ -0.16 per share from $ -1.46.

Company issued 96.92 million shares or 766.36 % in Jun 30 2023.

• More on VTNL's Balance Sheets

Market Capitalization (Millions)	1
Shares Outstanding (Millions)	110
Total Debt (Millions $)	0
Revenue (TTM) (Millions $)	-753
Net Income (TTM) (Millions $)	-5
Cash Flow (TTM) (Millions $)	0
Capital Exp. (TTM) (Millions $)	0
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	-

Brewbilt Manufacturing Inc

VTNL's Financial Statements and Analysis