Reed's Inc
NASDAQ:REED
Income Statement
Earnings Waterfall
Reed's Inc
Revenue
|
48.3m
USD
|
Cost of Revenue
|
-37.2m
USD
|
Gross Profit
|
11.1m
USD
|
Operating Expenses
|
-21.6m
USD
|
Operating Income
|
-10.5m
USD
|
Other Expenses
|
-7.1m
USD
|
Net Income
|
-17.5m
USD
|
Income Statement
Reed's Inc
Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
33
N/A
|
35
+7%
|
37
+5%
|
38
+2%
|
40
+4%
|
42
+6%
|
43
+3%
|
45
+4%
|
46
+2%
|
45
-3%
|
46
+3%
|
45
-1%
|
44
-3%
|
46
+4%
|
42
-7%
|
41
-4%
|
39
-5%
|
37
-4%
|
38
+1%
|
38
N/A
|
38
+1%
|
38
0%
|
38
0%
|
38
+0%
|
38
+0%
|
36
-5%
|
34
-7%
|
35
+3%
|
36
+4%
|
38
+5%
|
42
+9%
|
44
+6%
|
45
+1%
|
48
+6%
|
50
+4%
|
50
+0%
|
52
+5%
|
51
-3%
|
53
+4%
|
52
-2%
|
48
-7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(24)
|
(25)
|
(26)
|
(27)
|
(27)
|
(29)
|
(30)
|
(32)
|
(33)
|
(34)
|
(34)
|
(35)
|
(35)
|
(35)
|
(33)
|
(32)
|
(31)
|
(31)
|
(31)
|
(30)
|
(29)
|
(28)
|
(27)
|
(27)
|
(28)
|
(26)
|
(26)
|
(27)
|
(27)
|
(28)
|
(29)
|
(31)
|
(31)
|
(33)
|
(36)
|
(37)
|
(39)
|
(40)
|
(41)
|
(40)
|
(37)
|
|
Gross Profit |
9
N/A
|
10
+8%
|
11
+6%
|
11
+4%
|
12
+11%
|
13
+6%
|
13
-1%
|
13
+3%
|
13
0%
|
11
-18%
|
12
+6%
|
10
-12%
|
9
-10%
|
11
+14%
|
9
-12%
|
8
-9%
|
8
-11%
|
7
-11%
|
7
+3%
|
8
+18%
|
9
+17%
|
10
+7%
|
11
+6%
|
11
+2%
|
10
-7%
|
10
-2%
|
8
-21%
|
8
+5%
|
9
+9%
|
10
+10%
|
13
+30%
|
14
+8%
|
14
+2%
|
15
+3%
|
14
-6%
|
13
-7%
|
13
+0%
|
11
-11%
|
12
+7%
|
12
-2%
|
11
-7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(14)
|
(14)
|
(13)
|
(12)
|
(12)
|
(12)
|
(11)
|
(11)
|
(13)
|
(14)
|
(26)
|
(18)
|
(19)
|
(21)
|
(21)
|
(23)
|
(23)
|
(22)
|
(21)
|
(19)
|
(21)
|
(25)
|
(27)
|
(29)
|
(30)
|
(28)
|
(29)
|
(27)
|
(27)
|
(25)
|
(22)
|
|
Selling, General & Administrative |
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(9)
|
(9)
|
(12)
|
(13)
|
(13)
|
(15)
|
(16)
|
(17)
|
(17)
|
(16)
|
(14)
|
(13)
|
(15)
|
(15)
|
(17)
|
(18)
|
(18)
|
(17)
|
(17)
|
(15)
|
(15)
|
(14)
|
(12)
|
|
Other Operating Expenses |
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(14)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(9)
|
(10)
|
(11)
|
(12)
|
(11)
|
(13)
|
(12)
|
(12)
|
(11)
|
(9)
|
|
Operating Income |
(1)
N/A
|
(1)
+3%
|
(1)
+21%
|
(1)
+23%
|
1
N/A
|
1
+8%
|
0
-50%
|
0
+7%
|
(1)
N/A
|
(3)
-237%
|
(3)
+20%
|
(4)
-45%
|
(4)
+4%
|
(1)
+61%
|
(2)
-57%
|
(3)
-33%
|
(4)
-27%
|
(5)
-18%
|
(6)
-26%
|
(5)
+7%
|
(17)
-207%
|
(8)
+51%
|
(8)
+1%
|
(10)
-22%
|
(11)
-13%
|
(13)
-21%
|
(15)
-11%
|
(14)
+4%
|
(12)
+19%
|
(9)
+18%
|
(9)
+9%
|
(11)
-26%
|
(13)
-19%
|
(14)
-11%
|
(16)
-12%
|
(15)
+5%
|
(17)
-11%
|
(16)
+7%
|
(15)
+5%
|
(13)
+11%
|
(10)
+21%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
0
|
(0)
|
(0)
|
(0)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(5)
|
(6)
|
(7)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(2)
|
(10)
|
(10)
|
0
|
(8)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
0
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(3)
|
(3)
|
(3)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(2)
N/A
|
(2)
+1%
|
(2)
+12%
|
(1)
+12%
|
(0)
+84%
|
(0)
+10%
|
(1)
-295%
|
(1)
-7%
|
(2)
-166%
|
(5)
-118%
|
(4)
+15%
|
(5)
-33%
|
(5)
-2%
|
(3)
+42%
|
(5)
-60%
|
(5)
-8%
|
(4)
+17%
|
(10)
-121%
|
(18)
-86%
|
(18)
+2%
|
(22)
-20%
|
(19)
+14%
|
(10)
+44%
|
(12)
-16%
|
(13)
-9%
|
(15)
-15%
|
(16)
-8%
|
(15)
+4%
|
(13)
+18%
|
(11)
+16%
|
(10)
+5%
|
(12)
-19%
|
(14)
-11%
|
(15)
-10%
|
(16)
-11%
|
(17)
-3%
|
(19)
-11%
|
(18)
+4%
|
(20)
-10%
|
(19)
+3%
|
(17)
+10%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Income from Continuing Operations |
(2)
|
(2)
|
(2)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(5)
|
(4)
|
(5)
|
(5)
|
(3)
|
(5)
|
(5)
|
(4)
|
(10)
|
(18)
|
(18)
|
(22)
|
(19)
|
(10)
|
(12)
|
(13)
|
(15)
|
(16)
|
(15)
|
(13)
|
(11)
|
(10)
|
(12)
|
(14)
|
(15)
|
(16)
|
(17)
|
(19)
|
(18)
|
(20)
|
(19)
|
(17)
|
|
Net Income (Common) |
(2)
N/A
|
(2)
+1%
|
(2)
+12%
|
(1)
+12%
|
(0)
+84%
|
(0)
+9%
|
(1)
-280%
|
(1)
-7%
|
(2)
-163%
|
(5)
-118%
|
(4)
+15%
|
(5)
-33%
|
(5)
-2%
|
(3)
+42%
|
(5)
-60%
|
(5)
-8%
|
(4)
+17%
|
(10)
-121%
|
(18)
-86%
|
(18)
+2%
|
(22)
-20%
|
(19)
+14%
|
(10)
+44%
|
(12)
-16%
|
(13)
-9%
|
(15)
-15%
|
(16)
-8%
|
(15)
+4%
|
(13)
+18%
|
(11)
+16%
|
(10)
+5%
|
(12)
-19%
|
(14)
-11%
|
(15)
-10%
|
(16)
-11%
|
(17)
-3%
|
(19)
-11%
|
(18)
+4%
|
(20)
-10%
|
(19)
+3%
|
(18)
+10%
|
|
EPS (Diluted) |
-7
N/A
|
-6.44
+8%
|
-6.12
+5%
|
-5.19
+15%
|
-0.81
+84%
|
-0.76
+6%
|
-2.91
-283%
|
-3.11
-7%
|
-8.19
-163%
|
-17.88
-118%
|
-15.26
+15%
|
-20.3
-33%
|
-18.58
+8%
|
-11.21
+40%
|
-18.55
-65%
|
-19.39
-5%
|
-15.99
+18%
|
-32.93
-106%
|
-61.26
-86%
|
-36.02
+41%
|
-43.08
-20%
|
-36.45
+15%
|
-20.25
+44%
|
-20.63
-2%
|
-19.49
+6%
|
-22.32
-15%
|
-23.02
-3%
|
-16.25
+29%
|
-10.69
+34%
|
-8.53
+20%
|
-8.41
+1%
|
-7
+17%
|
-7.42
-6%
|
-7.91
-7%
|
-9.01
-14%
|
-8.66
+4%
|
-8.36
+3%
|
-8.07
+3%
|
-9.07
-12%
|
-7.59
+16%
|
-5.5
+28%
|