Revenue: As of FY2024 Q3, the actual value is USD 981.86 K.EPS: As of FY2024 Q3, the actual value is USD -0.08.<h3>Segment Revenue</h3><ul><li>Splash Beverage Group: Revenue for the three months ended September 30, 2024 was $886,864, compared to $1,104,878 for the same period in 2023. For the nine months ended September 30, 2024, revenue was $3,110,551, compared to $4,130,817 in 2023.</li><li>E-Commerce: Revenue for the three months ended September 30, 2024 was $94,994, compared to $4,039,191 for the same period in 2023. For the nine months ended September 30, 2024, revenue was $458,769, compared to $12,030,930 in 2023.</li></ul><h3>Operational Metrics</h3><ul><li>Net Loss: The net loss for the three months ended September 30, 2024 was $4,719,563, compared to $5,670,081 for the same period in 2023. For the nine months ended September 30, 2024, the net loss was $14,717,161, compared to $15,009,628 in 2023.</li><li>Gross Profit: Gross profit for the three months ended September 30, 2024 was $291,019, compared to $1,296,867 for the same period in 2023. For the nine months ended September 30, 2024, gross profit was $699,064, compared to $4,835,449 in 2023.</li><li>Operating Expenses: Operating expenses for the three months ended September 30, 2024 were $2,960,612, compared to $5,620,398 for the same period in 2023. For the nine months ended September 30, 2024, operating expenses were $10,309,874, compared to $16,835,250 in 2023.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Used in Operating Activities: For the nine months ended September 30, 2024, net cash used in operating activities was $6,383,464, compared to $8,503,765 for the same period in 2023.</li><li>Net Cash Provided by Financing Activities: For the nine months ended September 30, 2024, net cash provided by financing activities was $6,385,791, compared to $4,168,730 for the same period in 2023.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company plans to expand its distribution system to select attractive international markets and continue to build early-stage or under-valued beverage brands with strong growth potential.</li><li>Liquidity Concerns: The company acknowledges substantial doubt about its ability to continue as a going concern due to historical losses and negative cash flows, and it plans to seek additional funding to meet its obligations and implement its business plan.</li></ul><h3>Unique Metrics</h3><ul><li>Interest Expense: Interest expense for the three months ended September 30, 2024 was $890,471, compared to $221,488 for the same period in 2023. For the nine months ended September 30, 2024, interest expense was $2,045,131, compared to $561,249 in 2023.</li></ul>

SPLASH BEVERAGE GROUP INC C/WTS 15/06/2026 (TO PUR COM) | 10-Q: FY2024 Q3 Revenue: USD 981.86 K