Kona Gold Beverage Inc's Business Segments
Kona Gold Beverage Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Kona Gold Beverage Inc does not report a distinct business-segment axis in its filings - its disaggregated revenue is disclosed by product and service category instead. See the Product & Service breakdown below.
Revenue by Product & Service Category - FY
- Retail91.5%
- Distributors10%
- Lemonade Drinks9.5%
- CBD Energy Waters2.2%
- Online Sales1.2%
- Amazon1%
- Energy Drinks0.6%
- Shipping0.1%
- Apparel0%
- Sales Return and Allowances0%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Retail | $ 1 | 91.5% |
| Distributors | $ 0 | 10% |
| Lemonade Drinks | $ 0 | 9.5% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
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Description of Kona Gold Beverage Inc
Kona Gold is known for its unique range of hemp-infused products that cater to health-conscious consumers seeking natural alternatives to traditional energy drinks. The company prides itself on sourcing high-quality hemp with zero THC, ensuring a completely legal and safe product.
Kona Gold's flagship product is its hemp-infused energy drink. This beverage combines the energizing effects of traditional energy drinks with the wellness benefits of hemp extracts, such as increased focus, reduced anxiety, and enhanced relaxation. The drink is made with natural ingredients, including real fruit flavors and organic caffeine sources, offering consumers a healthier alternative to other energy drinks on the market.
In addition to its energy drink, Kona Gold also offers a variety of other hemp-infused products. These include hemp shots, which are concentrated energy drink shots for quick boosts of energy, and hemp waters, which are infused with hemp extracts and various flavors.
The company places a strong emphasis on sustainability and environmentally friendly practices. Kona Gold uses recyclable packaging materials and partners with certified hemp farms to ensure ethical sourcing and production.
Kona Gold distributes its products through a network of wholesalers, distributors, and retailers both domestically and internationally. The company has established partnerships with various beverage distributors and retail chains to expand its market presence. It also offers online sales through its e-commerce platform, allowing consumers to purchase Kona Gold products directly from the company's website.
Kona Gold has experienced significant growth since its inception. The company has consistently reported increasing sales and expanded its product line to meet the growing demand for hemp-infused beverages. It continues to invest in research and development, as well as marketing efforts, to expand its customer base and maintain a competitive edge in the rapidly evolving beverage industry.
Overall, Kona Gold Beverage Inc. is a dynamic and innovative company that offers a unique range of hemp-infused energy drinks and other wellness products. With its commitment to quality, sustainability, and customer satisfaction, the company continues to establish itself as a leader in the hemp beverage industry.