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Financial Snapshot

Revenue
TTM
$4.036M
Gross Margin
TTM
24.05%
Net Income
TTM
-$4.816M
Current Assets
2023 Q3
Current Liabilities
2023 Q3
Current Ratio
2023 Q3
9.9%
Total Assets
2023 Q3
Total Liabilities
2023 Q3
Book Value
2023 Q3
-$5.353M
Cash
2023 Q3
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
-$381.2K

Stock Price

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Market Cap: $190 Thousand

About KONA GOLD BEVERAGE, INC.

Kona Gold Beverage, Inc. engages in the development of hemp and cannabidiol (CBD) products in the functional and fitness markets. The company is headquartered in Melbourne Florida, Florida and currently employs 21 full-time employees. The company went IPO on 2001-06-21. The Company, through its subsidiaries: Covert LLC and Surge Distribution, LLC, which offers a diverse range of healthy energy drinks and other premium products and distribution services. Covert LLC, operating out of Charlotte, North Carolina, that specializes in high-quality products, including Delta-8, THCa, THC-P, and Kratom. Surge Distribution, LLC, operating out of Melbourne, Florida, which is a diverse distribution company offering beverage and consumer packaged goods (CPG) products to a variety of retail locations from big box grocery stores to small family-owned specialty shops. The firm sells its products through resellers. The firm is also focused on expanding its market presence through strategic acquisitions.

Industry: Beverages Peers: SMART FOR LIFE, INC. Integrated Biopharma Inc Cyanotech Corp Estee Lauder Companies Inc Genufood Energy Enzymes Corp. Guardion Health Sciences, Inc. NUTRALIFE BIOSCIENCES, INC

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