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Hill Street Beverage Company Inc. (V:BEER)

Business Focus: Beer, Wine & Liquor Stores

Sector:  Consumer Non-Cyclicals Industry:  Food Retail & Distribution
See Regulatory Filings on SEDAR
Company Contact
Address: 2410 Lucknow Drive Unit #31
Tel: N/A
IR: See website
Key People
Business Overview
Hill Street Beverage Company Inc, formerly Avanco Capital Corp, is a Canada-based producer of alcohol-free and cannabis-infused wines and beers. The Company offers a range of products, including Hill Street Craft Brewed Lager, Designated Draft beer, Vin(Zero) wines and Vintense wines. The Company offers red, white, sparkling and rose wines, such as Vin(Zero) Brut Blanc, Vin(Zero) Chardonnay, Vintense Brut Rose, Vintense Merlot and Vintense Syrah Rose, among others. The Company's alcohol-free wines and beers are available in up to approximately 7,000 stores across Canada. Hill Street Beverage Company Inc's partners are Plaid for Dad, Prostate Cancer Canada, Marcg of Dimes, Weight Watchers and Canadian Liver Association.
Financial Overview
For the nine months ended 31 March 2021, Hill StreetBeverage Company Inc revenues increased 19% to C$1.7M. Netloss decreased 50% to C$1.6M. Revenues reflect Chargebacks& listing fees decrease of 38% to C$359K, Gross Revenueincrease of 2% to C$2M. Lower net loss reflectsProfessional fees decrease of 68% to C$386K (expense),Wages and salaries decrease of 33% to C$727K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $13.45M as of Mar 31, 2021
Annual revenue (TTM): $2.00M as of Mar 31, 2021
EBITDA (TTM): -$1.71M as of Mar 31, 2021
Net annual income (TTM): -$2.07M as of Mar 31, 2021
Free cash flow (TTM): -$2.28M as of Mar 31, 2021
Net Debt Last Fiscal Year: $3.11M as of Mar 31, 2021
Shares outstanding: 204,718,695 as of Jun 18, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization