New age beverages corp (NBEV)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13
Net revenue

259,094

253,708

208,479

151,894

98,909

52,160

0

55,074

0

-

0

0

-

-

-

-

-

-

-

1,728

1,050

1,043

1,033

993

984

968

0

0

0

REVENUES, net

-

-

-

-

-

-

-

-

-

-

-

-

35,500

25,301

0

0

0

-

2,059

1,754

1,077

1,069

1,048

1,008

999

984

0

0

0

Less: Excise taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-26

-26

-15

-15

-15

-15

0

0

0

Cost of goods sold

103,439

101,001

84,737

66,749

53,654

42,865

40,707

40,266

40,377

39,788

39,045

38,471

27,358

19,505

12,163

2,092

2,105

1,834

1,740

1,412

923

879

834

784

750

684

0

0

0

Gross profit

155,655

152,707

123,741

85,144

45,255

9,295

8,701

10,948

12,580

12,400

12,440

11,446

8,142

5,796

2,887

87

328

253

298

315

127

164

199

208

233

284

0

0

0

Operating expenses:
Commissions

77,438

75,961

60,582

39,753

20,492

2,781

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Selling, general and administrative

118,748

114,982

88,673

66,907

42,874

20,288

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advertising, promotion and selling

-

-

-

-

-

-

-

3,238

-

-

3,439

2,978

2,185

1,584

0

0

0

-

-

-

149

155

169

180

186

174

0

0

0

Stock based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

0

-

-

0

0

Amortization of stock based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

Director Compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

General and administrative

-

-

-

-

-

-

-

17,733

-

-

11,305

10,136

8,288

6,367

0

0

0

-

-

-

1,248

1,284

530

462

420

415

0

0

0

Business combination expense (gain): Financial advisor and other transaction costs

-

-

-

-

-

-

-

563

-

232

573

501

1,463

1,471

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Business combination expense (gain): Change in fair value of earnout obligations

-

-

-12,909

-6,665

-

100

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-lived asset impairment expense: Right-of-use assets

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization expense

7,927

8,382

7,350

5,525

4,025

2,310

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

237,494

232,706

148,385

110,209

70,580

28,668

23,052

22,303

21,023

18,681

15,318

13,615

11,936

9,422

0

0

0

-

-

-

916

1,440

1,544

1,324

1,142

589

0

0

0

Operating loss

-81,839

-79,999

-24,643

-25,064

-25,325

-19,373

-14,350

-11,354

-8,442

-6,281

-2,878

-2,168

-3,794

-3,626

0

0

0

-

-

-

-789

-1,276

-1,345

-1,115

-908

-304

0

0

0

Non-operating income (expense):
Gain (loss) from sale of property and equipment

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22

28

29

32

9

3

0

0

0

Interest expense

0

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expense

-

-

-

-

-

-

-

-194

-

300

0

610

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain from sale of land and building

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

-

-

-

3,289

-

-

-

282

203

228

282

358

349

299

0

0

0

-

-

-

-2

-2

-18

-28

-28

-28

0

0

0

Other debt financing expenses

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (loss) from change in fair value of derivatives

-425

371

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest and other income (expense), net

278

-227

-207

-208

-186

-151

0

-320

0

-

2,676

2,610

-257

-6

0

0

0

-

-

-

20

26

10

3

-19

-25

0

0

0

Other income

-

-

-

-

-

-

-

0

-

-

0

0

-

292

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Loss before income taxes

-84,746

-77,167

-22,756

-22,244

-21,727

-21,062

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax benefit (expense)

15,091

12,668

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-99,837

-89,835

-26,597

-19,414

-11,100

-12,135

-14,366

-11,342

-5,479

-3,536

-202

441

-4,052

-3,633

0

0

0

-

-

-

-769

-1,249

-1,335

-1,111

-928

-330

0

0

0

Other comprehensive income (loss):
Foreign currency translation adjustments, net of tax

-1,642

176

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive loss

-101,479

-89,659

-26,113

-17,792

-10,047

-11,509

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET (LOSS)/INCOME PER SHARE - BASIC

-

-

-

-

-

-

-

-0.09

-

-

-0.01

0.08

-

-

0.01

-0.12

-

-

-

-

-

-

-

-

-

-

-

-

-

NET (LOSS)/INCOME PER SHARE - DILUTED

-

-

-

-

-

-

-

-0.09

-

-

-0.01

0.08

-

-

0.01

-0.12

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss per share (basic and diluted)

-0.14

-0.85

-0.14

-0.15

-0.02

-0.02

-0.08

-0.04

-0.12

-

-

-

-0.03

-

-

-

-0.02

-

-

-

-0.01

0.00

-0.02

-0.02

-0.06

-0.02

0.00

-0.01

-0.01

Weighted average number of shares of Common Stock outstanding (basic and diluted)

85

230,780

78,076

76

75

142,370

43,346

44

30

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

BASIC

-

-

-

-

-

-

-

38,910

-

-

35,171

24,254

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

DILUTED

-

-

-

-

-

-

-

38,910

-

-

35,171

24,354

-

-

-

-

-

-

-

-

12,760

13,094

12,591

12,285

11,571

9,000

8,139

8,000

8,000