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Splash Beverage Group Inc (A:SBEV)

Business Focus: Distillers & Wineries

Sector:  Consumer Non-Cyclicals Industry:  Distillers & Wineries
See Regulatory Filings on SEC
Company Contact
Address: 1314 E LAS OLAS BLVD, SUITE 221
Tel: N/A
IR: See website
Key People
Robert Nistico
Chairman of the Board, President, Chief Executive Officer
Ronald Wall
Chief Financial Officer
Justin W. Yorke
Secretary, Director
Business Overview
Splash Beverage Group, Inc. is engaged in the manufacturing, distribution, and sales and marketing of various beverages across multiple channels. The Company operates in both the non-alcoholic and alcoholic beverage segments. The Company produces, distributes, and markets SALT Naturally Flavored Tequila (SALT), a 100% agave 80-proof line of flavored tequilas; TapouT Performance, a line of performance beverages that complete in the hydration and energy categories; Copa Di Vino single-serve wine by the glass, and import Pulpoloco Sangria in three flavors. The Company oversees production, distributes, and markets the flavors under the brand name SALT, such as citrus flavor, berry flavor, and chocolate flavor. The Company produces, markets, sells, and distributes sports beverages under the brand name TapouT, including TapouT Performance and TapouT Energy. Copa Di Vino is a producer of premium wine by the glass in the United States. The Company sells beverages online through
Financial Overview
For the fiscal year ended 31 December 2022, Splash Beverage Group Inc revenues increased 60% to $18.1M. Net loss before extraordinary items decreased 26% to $21.6M. Revenues reflect E-Commerce segment increase of 94% to $13.3M, Splash Beverage Group segment increase of 7% to $4.8M. Lower net loss reflects Interest expense decrease of 43% to $251K (expense), Contracted services decrease of 5% to $1.5M (expense).