Splash Beverage Group Inc. (SBEV) Files Q1 2021 Quarterly Report on SEC Form 10-Q
Jun 9, 2021
- Highlights of Q1 report include quarter-over-quarter sales growth, cash and cash equivalents increase, successful $9 million capital raise
- SBEV beverage brand portfolio includes Salt Naturally Flavored Tequila, Copa Di Vino, Pulpoloco Sangria, TapouT Performance
- SBEV optimizes production, supply chain and distribution capabilities to accelerate brands that can be profitably exited for cash events
Splash Beverage Group (OTCQB: SBEV), a holding company with a leading portfolio of beverage brands, recently filed its Q1 2021 Report on Form 10-Q with the Securities and Exchange Commission (“SEC”) for the period ending March 31, 2021 (https://ibn.fm/skBFT). Highlights include rapid quarter-over-quarter sales growth, an increase in cash equivalents, and a successful $9 million capital raise earlier this year.
SBEV’s report details the company’s successful sales performance throughout 2020 and early 2021, highlighted by a $2.3 million quarter-over-quarter increase from $112,003 in Q1 2020 to $2.4 million as of March 31, 2021. SBEV credits the increase primarily to the rollout of its…
NOTE TO INVESTORS: The latest news and updates relating to SBEV are available in the company’s newsroom at https://ibn.fm/SBEV
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