Splash Beverage GroupSBEV
About: Splash Beverage Group Inc is a portfolio company managing multiple brands across several growth segments within the consumer beverage industry. The company's two reportable operating segments are: (1) the manufacture and distribution of non-alcoholic and alcoholic beverages, and (2) the retail sale of beverages and groceries online. The company generates the majority of its revenue from the E-Commerce segment. Qplash is a wholly owned division of Splash. It is the company's first entry point into the e-commerce channel. For beverage-alcohol products, the company operate within what is referred to as a "Three Tier Distribution System" where manufacturers are not permitted to sell directly to retailers, but instead, contract for local and regional distribution with independent distributors.
Employees: 32
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
16% more capital invested
Capital invested by funds: $904K [Q2] → $1.04M (+$141K) [Q3]
0.23% less ownership
Funds ownership: 7.32% [Q2] → 7.09% (-0.23%) [Q3]
3% less funds holding
Funds holding: 32 [Q2] → 31 (-1) [Q3]
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Roth MKM Sean McGowan 24% 1-year accuracy 7 / 29 met price target | 452%upside $1 | Buy Maintained | 3 Sept 2024 |
HC Wainwright & Co. Scott Buck 50% 1-year accuracy 50 / 100 met price target | 452%upside $1 | Buy Reiterated | 26 Aug 2024 |
