Financial Results | Splash Beverage 2025 Q1 Revenue USD 0.44 Million Net Loss USD 3.65 Million

Splash Beverage(SBEV) posted the Q1 of its 2025 financial results on 7/11/2025, reporting total revenue of USD 0.44 million in the first quarter, down 71.55% from USD 1.54 million year over year, reporting net loss of USD 3.65 million in the first quarter, narrowing 21.85% from USD -4.67 million year over year. The EPS is USD -1.97 in the frist quater, compare with USD -4.17 last period.

[Detailed Data]

Million USD	Q1 2025	Q4 2024	Q3 2024	Q4 2024
Total Revenue	0.44	0.59	0.98	0.59
Cost of Sales	0.47	0.93	0.69	0.93
Gross Profit	-0.03	-0.34	0.29	-0.34
Total Operating Expenses	2.64	7.75	3.85	7.75
Operating Income	-2.67	-8.09	-3.56	-8.09
Net Income	-3.65	-9.04	-4.72	-9.04
Net Income Attributable to Common Shareholders	-3.65	-9.04	-4.72	-9.04
EPS(USD)	-1.97	-0.146	-0.08	-0.146

[Company Profile]
Splash Beverage Group, Inc. was incorporated in the State of Ohio on September 3, 1992, and changed domicile to Colorado on April 18, 2012. On November 8, 2021, the company changed state of incorporation from Colorado to Nevada. The company manufacture, through third party facilities, and distribute several brands of beverages including both non-alcoholic and spirits brands. The company intend to own some beverage brands while managing beverage brands. The company believe the distribution landscape in the beverage industry is changing rapidly as tech-enabled e-commerce business models are thriving. Direct to consumer, office or home solutions are projected to continue to gain traction in the future.