Credit and interest ratespositive · 2 filings
“The $1.0 million increase in interest expense is due to new loans with a principal of $3.2 million with higher interest rates.”10-K · Jul 11, 2025 ↗
Splash Beverage Group Inc
SBEV
Market read
Splash Beverage Group Inc's current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 6 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.
Company+30.2% todayVolume comparison unavailable
Market group0 of 6 activeInsurance Brokers & Providers · unavailable
Disclosed network0 of 0 confirmingRelationship data unavailable
What would change this read
Watch this read- SBEV's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if SBEV's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 6 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- SBEV's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations311
Usable filing statements65
Verified relationships0
Evidence supporting the case
No qualifying supportive evidence was identified.
Evidence challenging the case
- Latest annual revenue changed -90.9% year over year.
- Operating margin changed -18180.0 percentage points in the latest annual period.
- Net margin changed -31572.2 percentage points in the latest annual period.
Questions before a position
No credible peer-relative valuation comparison is available yet.
Longer-term price context
Price as of Aug 28, 2026
0.316m-38.5%12m-80.4%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$11.3M+392.0%$-1.02—
2022-12-31$18.1M+59.8%—+29.4%
2023-12-31$18.9M+4.2%——
2024-12-31$801,273-95.7%$-17.68+26.1%
2025-12-31$73,066-90.9%$-11.97—
What management says matters
Persistent and emerging business drivers
Demand and volumemixed · 2 filings
“This was primarily due to a shortage of operating capital which limited our ability to maintain inventory and fulfil orders.”10-Q · Nov 19, 2025 ↗
Input and raw-material costsnegative · 2 filings
“The decrease in operating expenses was primarily due to non cash expenses, salary, marketing expense, freight cost and Amazon selling.”10-Q · Aug 14, 2025 ↗
Legal and regulatory exposuremixed · 2 filings
“These rules and regulations significantly increase our accounting, legal and financial compliance costs and make some activities more time consuming, including due to increased training of our current employees, additional hiring of new employees, and increas…”10-Q · Nov 19, 2025 ↗
Valuation discipline
Peer-relative valuation withheld
Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
0.42+30.2% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 19 Aug, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for SBEV. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for SBEV. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind SBEV
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
SBEV is currently a Follower in the organic co-movement group Insurance Brokers & Providers. This group is discovered from market behaviour rather than assigned from an industry taxonomy. No verified filing-linked names are available yet.
This group is retained as the last observed read for SBEV; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.