NewAge Inc logo

NBEV

NewAge Inc

$0.24

Earnings Summary

Revenue
$99.55Mn
Net Profits
$-2.7Mn
Net Profit Margins
-2.71%

Highlights

Revenue:

NewAge Inc’s revenue jumped 58.73% since last year same period to $99.55Mn in the Q3 2021. On a quarterly growth basis, NewAge Inc has generated -19.74% fall in its revenue since last 3-months.

Net Profits:

NewAge Inc’s net profit jumped 80.9% since last year same period to $-2.7Mn in the Q3 2021. On a quarterly growth basis, NewAge Inc has generated -115.54% fall in its net profits since last 3-months.

Net Profit Margins:

NewAge Inc’s net profit margin jumped 87.96% since last year same period to -2.71% in the Q3 2021. On a quarterly growth basis, NewAge Inc has generated -119.37% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the NewAge Inc post its latest quarter earnings

EPS Estimate Current Quarter
-0.03
EPS Estimate Current Year
-0.03

Highlights

EPS Estimate Current Quarter:

NewAge Inc’s earning per share (EPS) estimates for the current quarter stand at -0.03 - a -50% fall from last quarter’s estimates.

EPS Estimate Current Year:

NewAge Inc’s earning per share (EPS) estimates for the current year stand at -0.03.

Key Ratios

Key ratios of the NewAge Inc post its Q3 2021 earnings

Earning Per Share (EPS)
-0.02
Return on Assets (ROA)
-0.04
Return on Equity (ROE)
-0.05
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

NewAge Inc’s earning per share (EPS) jumped 85.71% since last year same period to -0.02 in the Q3 2021. This indicates that the NewAge Inc has generated 85.71% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. NewAge Inc’s return on assets (ROA) stands at -0.04.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. NewAge Inc’s return on equity (ROE) stands at -0.05.

Dividend Per Share (DPS):

NewAge Inc declared 0 dividend per share during the earnings announcement for Q3 2021.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2021-11-09
-0.03
-0.02
33.33%
2021-05-10
-0.01
-0.14
-1300%
2021-08-09
-0.02
-0.04
-100%

Company Information

New Age Beverages Corporation is a Colorado and Utah-based healthy products company dedicated to inspiring and educating consumers to 'live healthy.' The Company is the only omni-channel company with access to traditional retail, e-commerce, direct-to-consumer, and medical channels across 60 countries around the world. New Age is also the only one-stop-shop of healthy beverages and includes the brands Tahitian Noni, TeMana, Búcha Live Kombucha, XingTea, Coco-Libre, Marley, and others. New Age competes in the growth segments of the >$1 trillion-dollar non-alcoholic beverage industry and has become one of the 40 largest non-alcoholic beverage companies, one of the largest healthy beverage companies, and the fastest growing in the world over the past three years. The Company's brands are sold across all 50 states within the US and in more than 60 countries internationally across all channels via a hybrid of direct-to-consumer and traditional distribution and route-to-market systems.

Organisation
NewAge Inc
Headquarters
Denver, Colorado, US
Employees
1.11K
Industry
Consumer Non-Durables