Endovia Health Sciences, Inc.
splashbeveragegroup.comWhat Do They Do?
Sells beverages and groceries to online retail customers, and alcoholic and non-alcoholic drinks to retailers through independent distributors.
10-K for FY2025, filed Apr 15, 2026
How Do They Make Money?
Online retail sells beverages and groceries, and sales count when products are delivered; that business generated 81% of revenue. Beverage product sales also count when products are delivered.
10-K for FY2025, filed Apr 15, 2026
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10-K for FY2025, filed Apr 15, 2026
FY2025 revenue by product or service ↗
$73.1K
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10-K for FY2025, filed Apr 15, 2026
$73.1K ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Splash Beverage Group
Sold outright
10-K for FY2025, filed Apr 15, 2026 |
19% |
Splash Beverage Group, FY2025
$14.1K Sources
|
Sold outright |
|
E Commerce
Sold outright
10-K for FY2025, filed Apr 15, 2026 |
81% |
E Commerce, FY2025
$59K Sources
|
Sold outright |
Who Are Their Customers?
Beverage products reach retailers through independent distributors, with national retail accounts also served through distribution arrangements. The online segment sells beverages and groceries to retail customers.
10-K for FY2025, filed Apr 15, 2026For our beverage-alcohol products, we operated within what is referred to as a “Three Tier Distribution System” where manufacturers are not…View ↗
In addition to working with these independent distributors, we also previously established distribution arrangements with national retail…View ↗
We have two reportable operating segments: (1) the manufacture and distribution of non-alcoholic and alcoholic beverages, and (2) the…View ↗
Do Revenues Turn Into Profits?
No. It lost $25.2M in FY2025.
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 19, 2026
−$2.1MView ↗
- ▼ −76% (Loss)
- vs −$8.5M in Q2 FY2025
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Aug 25, 2026
U.S. regulators open development file for CannEpil animal medicine
The file begins the U.S. regulatory process for developing CannEpil as a veterinary medicine.
Sources
8-K, filed Aug 25, 2026
The establishment of the INAD file represents the first regulatory milestone under the Company’s previously announced development and…View ↗
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Aug 21, 2026
Company adopts Endovia Health Sciences name and EDVA stock symbol
The change marks a shift from beverage operations toward a cannabinoid health sciences platform.
Sources
8-K, filed Aug 21, 2026
FORT LAUDERDALE, Fla., August 21, 2026 — Splash Beverage Group, Inc. (NYSE American: SBEV) (the “Company”) today announced that its…View ↗
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Aug 20, 2026
Company licenses CannEpil worldwide and adds veterinary uses
The license covers CannEpil, and the company expanded it to include veterinary applications.
Sources
8-K, filed Aug 20, 2026
In early July 2026 Splash entered into an exclusive global license for CannEpil®, a pharmaceutical-grade cannabinoid platform originally…View ↗
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Aug 5, 2026
Company partners with Lupvindol to develop CannEpil for animals
Lupvindol leads product and regulatory work; Splash funds development steps and keeps the resulting data and rights to sell or license the product.
Sources
8-K, filed Aug 5, 2026
Lupvindol will lead the scientific, product-development and FDA regulatory activities, including preparation of the INAD submission…View ↗
Shrinking. Revenue fell 99% in 4 years, from $11.3M in FY2021 to $73.1K in FY2025, about 72% a year.
New acquisition focus
The older strategy focused on building beverage brands; the latest report makes completing a potential cannabinoid-wellness acquisition the company's primary focus.
10-K for FY2022, filed Mar 31, 2023Our strategy is to combine the traditional approach of manufacturing, distributing, and marketing of beverages, with early-stage brands…View ↗
Online retail business
Online retail moves from a platform Splash said it was building to a separately managed business alongside beverage manufacturing and distribution.
10-K for FY2022, filed Mar 31, 2023 10-K for FY2025, filed Apr 15, 2026We believe the distribution landscape in the beverage industry is changing rapidly as tech-enabled e-commerce business models are thriving.…View ↗
We have two reportable operating segments: (1) the manufacture and distribution of non-alcoholic and alcoholic beverages, and (2) the…View ↗
Copa Di Vino discontinued
Copa Di Vino was among the company's marketed products; the latest report says Splash does not plan to relaunch the line and classifies it as discontinued.
10-K for FY2022, filed Mar 31, 2023 10-K for FY2025, filed Apr 15, 2026We currently produce, distribute and market SALT Naturally Flavored Tequila (“SALT”), a 100% agave 80 proof line of flavored tequilas…View ↗
Due to the lack of working capital to fund operations, it formed a license agreement with a 3rd party to allow the continued production and…View ↗
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