BrewBilt Brewing Co
brewbiltbrewing.comNo Longer Reporting
The company has not filed an annual or quarterly report since its Q1 FY2024 10-Q, filed May 16, 2024. Its latest SEC filing is a 15-12G/A from Sep 17, 2024.
10-Q for Q1 FY2024, filed May 16, 2024
The sections below describe the company as of the FY2023 annual report.
What Did They Do?
Brews craft beer for bars and restaurants and serves beer, food and other drinks at its taproom.
10-K for FY2023, filed Apr 5, 2024BrewBilt Brewing is a licensed commercial craft brewer in Northern California. The Company began building its first processing brewery in…View ↗
In December 2023, the Company opened the BrewBilt BrewHaus taproom and restaurant in Nevada City, CA. The establishment seats 140 people…View ↗
As a premium craft brewer targeting draft sales to bars and restaurants, BrewBilt Brewing is well poised to benefit from recent trends in…View ↗
How Did They Make Money?
$503K
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10-K for FY2023, filed Apr 6, 2024
$503K ↗
Who Were Their Customers?
Bars and restaurants are target customers for draft beer; BrewBilt initially sold through its own distribution network and signed Mussetter Distributing to reach customers across ten Northern California counties.
10-K for FY2023, filed Apr 5, 2024After growing the Company’s self-distribution network to almost 300 customers in its first 18 months of sales, BrewBilt Brewing signed with…View ↗
As a premium craft brewer targeting draft sales to bars and restaurants, BrewBilt Brewing is well poised to benefit from recent trends in…View ↗
The Company’s recent partnership with Mussetter Distributing has opened up thousands of potential new customers. While BrewBilt Brewing…View ↗
Did Revenues Turn Into Profits?
No. It lost $18.5M in FY2023.
10-K for FY2023, filed Apr 6, 2024
How Were They Changing?
Grew. Revenue grew 11.7x in 2 years, from $43.1K in FY2021 to $503K in FY2023, about 242% a year.
From media to brewing
The older report described commercial broadcast equipment, software, television and internet services; the latest describes a Northern California craft brewer making beer and operating a taproom.
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On March 25, 2016, the Company approved a name change to Simlatus Corporation, stock symbol SIML, which was executed on April 4, 2016. The…View ↗
Since inception in 2003, Satel operations have primarily consisted of providing DirecTV services to high-rise apartments, condominiums and…View ↗
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