Saturday 17 October 2026 Export REED’s income statement to Excel — free account

Reeds, Inc.

REED Consumer Defensive Beverages Non Alcoholic

Reeds, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $34.1 million, down 10.2% from fiscal 2024. In the quarter to June 2026, revenue fell 21.4%, EPS grew 53.8%, free cash flow grew 57.2% and total debt rose 2.86%, each against the same quarter a year earlier.

0.40 0.04 −9.09%

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Market cap: $5.3M
P/E: 0.0×
Fwd P/E: −1.1×
Dividend yield: —
F-score: 2/9
Altman Z: −9.59
Beneish M: −2.28
Dividend safety: n/a

Overview Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
Piotroski F-Score Full definition →	—	3	4	2	5	1	1	2	5	2
P/E ratio Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
P/S ratio Full definition →	1.28	0.63	1.38	0.94	0.86	0.66	0.15	0.15	0.13	0.51
Altman Z-Score Full definition →	0.94	(2.22)	(4.55)	(6.00)	(2.60)	(4.58)	(6.54)	(10.07)	(7.58)	(9.59)
P/FCF ratio Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z″-Score (non-manufacturers) Full definition →	(7.11)	(9.26)	(22.24)	(19.76)	(12.74)	(15.91)	(20.33)	(31.11)	(20.01)	(24.84)
P/Operating CF Full definition →	(58.71)	18.11	42.39	(9.03)	(13.12)	(14.38)	7.92	(36.17)	(1.31)	(4.58)
Beneish M-Score Full definition →	(3.11)	(4.37)	(3.23)	(1.94)	(1.71)	(2.50)	(3.35)	(5.67)	(3.69)	(2.28)
P/B ratio Full definition →	0.00	57.16	0.00	30.31	3.47	8.00	0.00	0.00	0.77	1.92
Price to Tangible BV Full definition →	0.00	0.00	0.00	66.91	3.69	9.43	0.00	0.00	0.86	2.07
EV/Sales Full definition →	1.58	0.72	1.67	1.17	1.08	0.85	0.47	0.59	0.26	0.50
EV/EBITDA Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EV/Operating CF Full definition →	(26.56)	(7.94)	(6.89)	(2.18)	(4.71)	(2.40)	(1.59)	(6.15)	(1.59)	(1.00)
EV/FCF Full definition →	(22.86)	(6.42)	(7.67)	(2.15)	(4.65)	(2.36)	(1.56)	(5.81)	(1.55)	(0.98)
Quick Ratio Full definition →	0.25	0.79	0.24	0.36	0.67	0.28	0.27	0.16	0.82	0.95
Current Ratio Full definition →	0.87	1.12	0.77	1.52	2.07	1.14	0.94	0.65	1.32	1.60
Net Debt/EBITDA Full definition →	(5.93)	(0.36)	(1.45)	(0.54)	0.05	0.00	(0.55)	(1.26)	0.12	0.08
Debt/Assets Full definition →	70.27%	63.92%	95.60%	54.10%	0.85%	0.00%	31.75%	57.59%	38.07%	39.34%
Debt/Equity Full definition →	(7.99)	30.80	(1.77)	7.54	0.02	0.00	(0.96)	(0.57)	1.44	1.00
Asset Turnover Full definition →	2.19	1.74	2.06	2.37	2.31	2.14	2.05	2.02	1.72	1.41
Operating CF/Net income Full definition →	0.51	0.19	0.90	1.13	0.93	1.07	0.77	0.27	0.47	1.08
Capex/Depreciation Full definition →	(0.64)	(0.42)	3.22	(0.58)	(0.30)	(0.56)	0.00	(0.02)	(0.14)	(0.56)
Interest Coverage Full definition →	(1.42)	(3.37)	(3.69)	(11.55)	(6.59)	(13.30)	(2.84)	(1.54)	(1.48)	(13.67)
ROE Full definition →	946.04%	2,749.14%	321.66%	557.30%	(179.21%)	(227.57%)	900.65%	111.56%	206.85%	(203.02%)
ROA Full definition →	(25.91%)	(84.83%)	(55.89%)	(113.17%)	(56.49%)	(70.75%)	(77.45%)	(69.99%)	(59.77%)	(65.37%)
ROIC Full definition →	(15.70%)	(182.35%)	(110.96%)	(104.49%)	(53.96%)	(240.30%)	0.00%	0.00%	(87.04%)	(119.71%)
Return on Tangible Assets Full definition →	(81.36%)	(741.95%)	430.24%	(271.42%)	(97.45%)	(412.96%)	2,517.19%	173.77%	(192.33%)	(170.32%)
Average Days of Receivables Full definition →	21.36	26.04	26.85	26.50	47.36	45.01	44.37	31.27	39.65	24.83
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	27.21%	33.72%	49.23%	67.21%	51.38%	59.62%	49.79%	41.48%	51.05%	64.41%
Intangible Assets out of Total Assets Full definition →	0.04	0.03	0.05	0.04	0.03	0.02	0.02	0.03	0.03	0.03
Share Based Compensation of Revenue Full definition →	1.58%	2.80%	5.46%	3.83%	1.00%	0.49%	0.30%	0.09%	0.00%	0.00%
Graham Net Nets Full definition →	(0.19)	(0.13)	(0.16)	(0.02)	0.25	0.08	(1.27)	(3.08)	0.95	0.42
Graham Number Full definition →	312.73	0.00	461.47	0.00	0.00	0.00	167.91	149.99	0.00	0.00
Earnings Yield Full definition →	(9.39%)	(74.99%)	(18.84%)	(51.64%)	(28.81%)	(47.21%)	(256.81%)	(274.14%)	(352.31%)	(92.50%)
Free Cash Flow Yield Full definition →	(5.40%)	(17.90%)	(15.85%)	(57.77%)	(26.87%)	(54.56%)	(204.91%)	(68.62%)	(124.20%)	(99.17%)
Revenue per Share Full definition →	935.51	764.99	450.91	289.31	205.81	163.05	143.90	75.81	28.32	4.10
Operating CF per Share Full definition →	(55.79)	(69.41)	(109.56)	(155.35)	(46.96)	(57.82)	(42.13)	(7.23)	(4.57)	(2.05)
Capex per Share Full definition →	(9.03)	(16.49)	11.15	(2.37)	(0.80)	(1.10)	(0.01)	(0.03)	(0.12)	(0.03)
Free Cash Flow per Share Full definition →	(64.82)	(85.90)	(98.41)	(157.72)	(47.76)	(58.92)	(42.14)	(7.27)	(4.69)	(2.08)
Cash per Share Full definition →	9.93	245.98	7.38	7.81	2.94	0.16	1.45	1.02	7.75	1.26
Shareholders Equity per Share Full definition →	(36.50)	10.30	(79.80)	9.81	51.45	13.82	(22.98)	(32.52)	4.96	1.10
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	(36.50)	10.30	(79.80)	9.81	51.45	13.82	(22.98)	(32.52)	4.96	1.10
Free Cash Flow Full definition →	(2.94)	(4.23)	(8.32)	(18.44)	(9.66)	(17.92)	(15.53)	(4.29)	(6.29)	(17.29)
Working Capital Full definition →	(1.56)	2.30	(3.30)	4.89	9.53	2.98	(1.56)	(9.43)	5.66	8.07
Capital Expenditures Full definition →	(0.41)	(0.81)	0.94	(0.28)	(0.16)	(0.33)	0.00	(0.02)	(0.17)	(0.25)
Net Current Asset Value Full definition →	(10.19)	(3.02)	(8.30)	(0.55)	8.80	2.59	(9.86)	(20.30)	4.82	7.27
EV/EBIT Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Capex to Sales Full definition →	0.01	0.02	(0.02)	0.01	0.00	0.01	0.00	0.00	0.00	0.01
Price to Operating Income Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other line items
Depreciation/Fixed assets Full definition →	0.08	11.09	0.33	0.45	0.59	0.60	1.40	2.59	1.00	0.37
Cash ROIC Full definition →	(24.44%)	(14.97%)	(142.81%)	(172.12%)	(86.45%)	(421.54%)	(10,020.65%)	55.63%	(23.64%)	(60.12%)
Accounts Receivable Turnover Full definition →	15.79	14.57	13.87	12.86	10.60	8.61	8.44	8.70	9.54	10.58
Accounts Payable Turnover Full definition →	4.95	4.59	4.15	4.68	4.77	4.19	4.04	3.70	3.30	5.19
Inventory Turnover Full definition →	4.47	4.81	4.12	2.90	2.67	2.56	2.46	2.55	2.74	3.35
Average Days of Payables Full definition →	65.45	88.58	76.14	75.37	85.35	105.79	87.44	95.25	95.53	47.08
Days of Inventory on Hand Full definition →	75.63	70.24	98.22	147.83	140.68	172.85	144.25	117.85	111.43	108.36
Average Receivables Full definition →	2.69	2.59	2.75	2.63	3.93	5.76	6.28	5.14	3.98	3.22
Average Payables Full definition →	6.71	6.72	6.60	5.54	6.05	8.59	10.12	9.47	8.04	5.23
Average Inventory Full definition →	7.43	6.41	6.66	8.94	10.81	14.08	16.61	13.74	9.71	8.08
Average Assets Full definition →	19.35	21.66	18.48	14.24	18.02	23.19	25.90	22.19	22.01	24.24
Average Common Equity Full definition →	(0.53)	(0.67)	(3.21)	(2.89)	5.68	7.21	(2.23)	(13.92)	(6.36)	7.81

Fold the line items

Columns are period end dates

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