Sector: Consumer Non-Cyclicals | Industry: Non-Alcoholic Beverages |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 4786 1St Avenue South, Suite D4 SEATTLE WA 98134 |
Tel: | 1-949-5743860 |
Website: | https://www.jonessoda.com |
IR: | See website |
Key People | ||
David Knight President, Chief Executive Officer | Joe Culp Interim Chief Financial Officer, Director of Finance, and Principal Financial and Accounting Officer | Eric Bittner Chief Operating Officer | Jerry Goldner Chief Growth Officer |
Business Overview |
Jones Soda Co. develops, produces, markets, and distributes premium beverages that it sells and distribute primarily in the United States and Canada through its network of independent distributors. The Company focus on its core brand, Jones Soda, while also investing additional initiatives, including fountain related beverages and the Mary Jones brand for cannabis infused sodas, edibles, and syrups. The Company's product line-up consists of Jones Soda, Jones Soda, Fountain, and Mary Jones. Jones Soda is its premium carbonated soft drink. It sells Jones Soda in premium glass bottles and cans, with labels featuring photos, such as a photo sent by its consumers. Fountain offerings include traditional flavors, such as cane sugar cola, sugar free cola, as well as cane sugar sweetened ginger ale, orange and cream, root beer, and lemon lime. Mary Jones includes licensed products, including 10 mg Cannabis-Infused sodas and 100 mg cannabis-infused soda packaged in a 16oz, 10-serving can. |
Financial Overview |
For the fiscal year ended 31 December 2023, Jones Soda Co ( USA ) revenues decreased 13% to $16.7M. Net loss decreased 24% to $4.9M. Revenues reflect United States segment decrease of 12% to $13.5M, Canada segment decrease of 15% to $3.1M. Lower net loss reflects General and administra decrease of 18% to $4.7M (expense), Stock-based Compensation in SGA decrease of 96% to $32K (expense). |
Employees: | 27 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $19.13M as of Dec 31, 2023 |
Annual revenue (TTM): | $16.67M as of Dec 31, 2023 |
EBITDA (TTM): | -$4.82M as of Dec 31, 2023 |
Net annual income (TTM): | -$4.85M as of Dec 31, 2023 |
Free cash flow (TTM): | -$3.89M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 102,232,943 as of Mar 28, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |