Splash Beverage Group's FY2025 filings show revenue near zero, a $25.2M net loss, and a stock trading far below its former highs.
A Small Player in a Big Industry
Splash Beverage Group, Inc. trades on the New York Stock Exchange under the ticker SBEV, but its footprint today is modest by nearly every measure. The Splash Beverage Group is headquartered in Fort Lauderdale, Florida, and has been publicly traded since its IPO in July 2018.
What the Company Does
Splash Beverage Group describes itself as a portfolio company that manages multiple brands across growth segments of the consumer beverage industry. It runs two operating segments: the manufacture and distribution of non-alcoholic and alcoholic beverages, and the retail sale of beverages and groceries online, with the majority of its revenue coming from e-commerce.
Revenue That Has Nearly Vanished
For fiscal year 2025, Splash Beverage Group reported revenue of $73.1K. That figure represents a 99% decline from FY2021, a drop that touches nearly every part of the business rather than a single product line.
Losses Far Outweigh Sales
The company posted a net loss of $25.2M in FY2025. Measured against revenue of $73.1K, that loss produced a net margin of -34601.8%, meaning expenses and other charges far exceeded anything brought in from sales.
Gross Margin Still Positive
Despite the steep bottom-line losses, Splash Beverage Group's gross margin stood at 23.1%, which suggests that whatever product it did sell was priced above its direct production costs. The larger losses appear to come from costs beyond the cost of goods sold.
Balance Sheet Snapshot
Total assets came in at $965.7K, a figure that puts into perspective how small the company's overall operations have become in dollar terms. That thin asset base sits alongside the reported net loss for the year.
Market Value and Recent Trading
Splash Beverage Group's market capitalization stands at $2.7M, and shares recently changed hands at $0.10 on a 15-minute delayed basis. The stock is currently trading 98% below its 52-week high.
A Lean Operation
The company operates with approximately 3 employees, a workforce size consistent with a business that has scaled down considerably from its earlier operations.
What the Numbers Add Up To
Taken together, the near-total revenue decline, the outsized net loss, and the diminished market value describe a company that has moved a long way from where it stood after its 2018 listing. The gap between $73.1K in annual sales and a $25.2M net loss is the clearest signal of the financial strain reflected in these figures.
A Note on This Report
This article is a factual summary drawn from public filings and market data, not investment advice.
