Related stocks: Beverages
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Related stocks: Beverages
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Company Overview Historically, Splash was a portfolio company seeking to manage brands across viable growth segments within the consumer beverage industry. As a result of our lack of capital, we did not generate revenue from February 2025 until March 2026 when we delivered tequila as described below.
The business is unprofitable at the operating level (-19415.62% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 90.9% YoY. Margins deteriorated 18180.0pp alongside, both lines moving the wrong way.
ROIC dropped from -75.47% to -122.85%, capital efficiency is deteriorating. Negative free cash flow of -$5M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$9K
▼ -90.9% YoY
Net Income (TTM)
-$24M
▼ -6.2% YoY
Op. Margin
-155537.62%
▼ -18180.0pp YoY
ROIC
-113.47%
▼ -47.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$5M
▲ +34.0% YoY
Op. Cash Flow (TTM)
-$5M
▲ +34.0% YoY
Net Debt
$6M
Cash & Equiv.
$381K
5Y CAGR: -52.4%
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