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The company may no longer be operating, as it may be out of business. Find out why through their latest events.

NewAge Past Earnings Performance

Past criteria checks 0/6

Key information

92.9%

Earnings growth rate

95.3%

EPS growth rate

Personal Products Industry Growth	20.9%
Revenue growth rate	77.0%
Return on equity	-3.2%
Net Margin	-1.6%
Last Earnings Update	30 Sep 2021

Recent past performance updates

Recent updates

NewAge files for chapter 11 bankruptcy

Aug 30

NewAge receives Nasdaq notice for non-compliance

Aug 18

New Age: 4 Catalysts That We Like Including A Valuation That Is Too Cheap To Ignore

Jul 05

Party Time: Brokers Just Made Major Increases To Their NewAge, Inc. (NASDAQ:NBEV) Earnings Forecasts

Dec 11

NewAge secures new $30M debt facility, shares slide ~4% premarket

Dec 01

NewAge brings in ARIIX to bolster DTC business

Nov 16

NewAge Was Hot Before Recent Cannabis Resurgence - Will Remain Hot

Nov 13

NewAge EPS misses by $0.08, misses on revenue

Nov 09

Revenue & Expenses Breakdown
Beta

How NewAge makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:NBEV.Q Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 21	440	-7	300
30 Jun 21	403	-19	270
31 Mar 21	341	-44	230
31 Dec 20	279	-39	195
30 Sep 20	248	-101	186
30 Jun 20	255	-98	190
31 Mar 20	259	-100	194
31 Dec 19	254	-90	189
30 Sep 19	208	-27	149
30 Jun 19	152	-19	106
31 Mar 19	99	-11	63
31 Dec 18	52	-12	22
30 Sep 18	49	-14	18
30 Jun 18	51	-11	18
31 Mar 18	53	-5	18
31 Dec 17	52	-4	16
30 Sep 17	51	0	14
30 Jun 17	50	0	12
31 Mar 17	36	-4	10
31 Dec 16	25	-4	8
30 Sep 16	15	-3	5
30 Jun 16	2	-3	3
31 Mar 16	2	-1	2

Quality Earnings: NBEV.Q is currently unprofitable.

Growing Profit Margin: NBEV.Q is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if NBEV.Q's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare NBEV.Q's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NBEV.Q is unprofitable, making it difficult to compare its past year earnings growth to the Personal Products industry (-15.1%).

Return on Equity

High ROE: NBEV.Q has a negative Return on Equity (-3.21%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

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This company is no longer active

NewAge Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Third quarter 2021 earnings released: US$0.018 loss per share (vs US$0.14 loss in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.12 (vs US$0.10 loss in 2Q 2020)

NewAge, Inc. to Report Q4, 2020 Results on Mar 16, 2021

Third quarter 2020 earnings released: US$0.14 loss per share

NewAge, Inc. to Report Q3, 2020 Results on Nov 09, 2020

First half earnings released

Recent updates

Rosen Law Firm Files Securities Class Action Lawsuit Against NewAge, Inc

Nasdaq to Delist Common Stock of NewAge

Newage Announces That Its Common Stock Has Ceased Trading on Nasdaq

Motion for Joint Administration Filed by NewAge, Inc.

DIP Financing, LLC entered into an asset purchase agreement to acquire all of the assets from NewAge, Inc. (NasdaqCM:NBEV), Morinda, Inc, Morinda Holdings, Inc. and Ariix LLC for $28 million.

NewAge files for chapter 11 bankruptcy

NewAge Receives Additional Delinquency Notice from Nasdaq on Late Filing of its Form 10-Q

NewAge receives Nasdaq notice for non-compliance

NewAge, Inc. Receives Notice of Default Letter from East West Bank

Less than half of directors are independent

NewAge, Inc. Announces Executive Changes

New Age: 4 Catalysts That We Like Including A Valuation That Is Too Cheap To Ignore

Cologne List® Adds NewAge, Inc.'s Nutrifii™ Renew to Certification List

Newage, Inc. Receives Nasdaq Notice on Late Filing of Its Form 10-Q

NewAge, Inc. announced delayed 10-Q filing

NewAge, Inc. Receives Notification from Nasdaq Related to Delayed Annual Report on Form 10-K

Less than half of directors are independent

NewAge, Inc. Appoints Michele Crocker to its Board of Directors

NewAge, Inc. Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

Consensus forecasts updated

Price target decreased to US$3.33

NewAge, Inc. Provides Revenue Guidance for the Fourth Quarter Ended December 31, 2021

Is NewAge (NASDAQ:NBEV) Using Debt Sensibly?

Independent Director recently bought US$608k worth of stock

Third quarter 2021 earnings released: US$0.018 loss per share (vs US$0.14 loss in 3Q 2020)

NewAge, Inc. Publishes Major New Discovery on Blocking Spike Proteins from Binding to Human Cells

Health Check: How Prudently Does NewAge (NASDAQ:NBEV) Use Debt?

Price target decreased to US$5.50

Second quarter 2021 earnings released: EPS US$0.12 (vs US$0.10 loss in 2Q 2020)

TCI Co., Ltd. (TPEX:8436) entered into a memorandum of understanding to acquire US manufacturing operations from NewAge, Inc. (NasdaqCM:NBEV) for $3.5 million.

Chief Financial Officer Gregory Gould has left the company

Forecast breakeven pushed back to 2022

Price target decreased to US$5.00

NewAge, Inc. (NasdaqCM:NBEV) completed the acquisition of Aliven Inc.

NewAge, Inc. Launches New Children’s Multivitamin With Better Absorption for Immune System Support

NewAge updates on strong growth for Europe business

NewAge Launches New Ocean Friendly, Safe and Effective Sunscreen to the Lucim™ Skincare Line

NewAge, Inc. announced delayed annual 10-K filing

NewAge, Inc. (NasdaqCM:NBEV) entered into an agreement to acquire Aliven Inc. for $2.8 million.

Koios Beverage Corp. Enters into A Distribution Agreement with Newage, Inc

The NewAge (NASDAQ:NBEV) Share Price Is Up 880% And Shareholders Are Delighted

NewAge, Inc. announced that it expects to receive $57.960469 million in funding

NewAge, Inc. to Report Q4, 2020 Results on Mar 16, 2021

New 90-day high: US$3.56

Party Time: Brokers Just Made Major Increases To Their NewAge, Inc. (NASDAQ:NBEV) Earnings Forecasts

NewAge secures new $30M debt facility, shares slide ~4% premarket

NewAge, Inc. Announces Board Changes

New Age Beverages Corporation (NasdaqCM:NBEV) completed the acquisition of ARIIX Holdings, LLC from certain members of Ariix Holdings, LLC.

NewAge brings in ARIIX to bolster DTC business

NewAge Was Hot Before Recent Cannabis Resurgence - Will Remain Hot

Earnings beat expectations, revenue disappoints

Third quarter 2020 earnings released: US$0.14 loss per share

NewAge EPS misses by $0.08, misses on revenue

New 90-day high: US$3.00

NewAge, Inc. to Report Q3, 2020 Results on Nov 09, 2020

New 90-day high: US$2.43

New Age Beverages Corporation (NasdaqCM:NBEV) entered into an agreement to acquire ARIIX Holdings, LLC from certain members of Ariix Holdings, LLC for approximately $280 million.

Zachert Private Equity GmbH acquired all of the membership interests in Brands Within Reach, LLC (BWR) from NewAge, Inc. (NasdaqCM:NBEV) in a deal valued at $15 million.

First half earnings released

NewAge, Inc. to Report Q2, 2020 Results on Aug 10, 2020

New 90-day high - US$2.46

Price target raised to US$6.00

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Revenue & Expenses Breakdown
Beta