Financial Snapshot

Revenue
$4.036M
TTM
Gross Margin
24.05%
TTM
Net Earnings
-$4.816M
TTM
Current Assets
Q3 2023
Current Liabilities
Q3 2023
Current Ratio
9.9%
Q3 2023
Total Assets
Q3 2023
Total Liabilities
Q3 2023
Book Value
-$5.353M
Q3 2023
Cash
Q3 2023
P/E
-0.2038
Sep 17, 2024 EST
Free Cash Flow
-$381.2K
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2022 2021 2020 2019 2018
Revenue $4.443M $2.479M $910.2K $1.632M $154.0K
YoY Change 79.25% 172.32% -44.21% 959.51%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2022 2021 2020 2019 2018
Revenue $4.443M $2.479M $910.2K $1.632M $154.0K
Cost Of Revenue $3.451M $2.143M $654.2K $1.314M $126.7K
Gross Profit $991.9K $335.4K $256.1K $317.6K $27.33K
Gross Profit Margin 22.32% 13.53% 28.13% 19.46% 17.75%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2022 2021 2020 2019 2018
Selling, General & Admin $4.148M $3.384M $2.615M $2.074M $380.5K
YoY Change 22.59% 29.41% 26.05% 445.15%
% of Gross Profit 418.23% 1008.98% 1021.22% 653.22% 1392.35%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $100.7K $58.71K $34.08K $56.94K $2.990K
YoY Change 71.56% 72.3% -40.15% 1804.25%
% of Gross Profit 10.15% 17.51% 13.31% 17.93% 10.94%
Operating Expenses $4.148M $3.384M $2.615M $3.589M $383.5K
YoY Change 22.59% 29.41% -27.14% 835.7%
Operating Profit -$3.156M -$4.386M -$2.359M -$3.271M -$356.2K
YoY Change -28.03% 85.94% -27.89% 818.34%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2022 2021 2020 2019 2018
Interest Expense $1.041M $982.4K $419.0K $14.99K -$2.050K
YoY Change 5.93% 134.48% 2695.67% -831.02%
% of Operating Profit
Other Income/Expense, Net -$338.00 -$22.60K $6.290K $1.498M $1.650K
YoY Change -98.5% -459.3% -99.58% 90709.21%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2022 2021 2020 2019 2018
Pretax Income -$7.313M -$7.020M -$3.126M -$1.788M -$356.6K
YoY Change 4.17% 124.6% 74.84% 401.31%
Income Tax
% Of Pretax Income
Net Earnings -$7.313M -$7.020M -$3.126M -$1.788M -$356.6K
YoY Change 4.17% 124.6% 74.84% 401.31%
Net Earnings / Revenue -164.6% -283.21% -343.39% -109.56% -231.56%
Basic Earnings Per Share $0.00 -$0.01
Diluted Earnings Per Share $0.00 -$8.020K -$4.031K -$2.273K -$453.50

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2022 2021 2020 2019 2018
Cash & Short-Term Investments $39.79K $703.8K $113.2K $36.22K $7.960K
YoY Change -94.35% 521.92% 212.45% 355.03%
Cash & Equivalents $703.8K $113.2K $36.22K $7.960K
Short-Term Investments
Other Short-Term Assets $45.26K $309.1K $20.45K $2.940K $38.59K
YoY Change -85.36% 1411.39% 595.58% -92.38%
Inventory $859.2K $574.8K $660.5K $686.9K $67.52K
Prepaid Expenses
Receivables $79.53K $15.99K $0.00 $63.59K $40.16K
Other Receivables $0.00 $0.00 $0.00 $14.88K $0.00
Total Short-Term Assets $1.024M $1.604M $794.1K $804.6K $154.2K
YoY Change -36.16% 101.95% -1.3% 421.66%
Property, Plant & Equipment $1.111M $1.315M $1.081M $480.7K $31.95K
YoY Change -15.55% 21.66% 124.85% 1404.57%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $1.650K
YoY Change -100.0%
Other Assets $15.13K $15.13K $6.500K $6.500K $0.00
YoY Change 0.0% 132.77% 0.0%
Total Long-Term Assets $1.192M $1.406M $1.157M $564.9K $33.60K
YoY Change -15.24% 21.54% 104.8% 1581.16%
Total Assets $2.216M $3.010M $1.951M $1.369M $187.8K
YoY Change
Accounts Payable $1.379M $541.1K $309.7K $28.80K $22.85K
YoY Change 154.88% 74.73% 975.31% 26.04%
Accrued Expenses $346.8K $543.4K $406.9K $1.475M $1.202M
YoY Change -36.19% 33.55% -72.41% 22.69%
Deferred Revenue
YoY Change
Short-Term Debt $411.1K $849.9K $900.0K $0.00 $0.00
YoY Change -51.64% -5.56%
Long-Term Debt Due $2.498M $13.97K $12.00K $12.00K $5.500K
YoY Change 17782.25% 16.42% 0.0% 118.18%
Total Short-Term Liabilities $5.295M $4.129M $2.000M $1.516M $1.230M
YoY Change 28.22% 106.45% 31.97% 23.18%
Long-Term Debt $57.06K $1.551M $2.045M $1.559M $158.0K
YoY Change -96.32% -24.15% 31.19% 886.66%
Other Long-Term Liabilities $629.2K $1.454M $763.6K $286.1K $0.00
YoY Change -56.73% 90.44% 166.86%
Total Long-Term Liabilities $686.3K $3.005M $2.808M $1.845M $158.0K
YoY Change -77.16% 7.01% 52.23% 1067.79%
Total Liabilities $5.981M $7.135M $4.809M $3.360M $1.388M
YoY Change -16.17% 48.37% 43.1% 142.04%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2022 2021 2020 2019 2018
Basic Shares Outstanding 1.598B shares 875.3M shares
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $981.33 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. Kona focuses on the development and marketing of functional and better-for-you beverages: Ooh La Lemin Lemonades that are available in a variety of sparkling and non-sparkling flavors and Kona Gold Energy Drinks that are low-to-zero calorie functional beverages that are high in B vitamins, amino acids, and omegas. HighDrate focuses on the development and marketing of Cannabidiol (CBD)-infused energy waters geared to the fitness and wellness markets. Gold Leaf focuses on the distribution of premium beverages and snacks in key markets. Covert LLC operates in the consumer packaged goods (CPG) market and specializes in high-potency Delta-8, THCa, THC-P, and Kratom products. The firm sells its products through resellers. The firm's other subsidiary, Surge Distribution LLC, which is a premiere distribution company.

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