BRBL Stock Sees Significant Boost After Contract Announcement

BRBL stock saw a significant boost in price and trading volume after the company announced the successful contract negotiations for a $130 million revenue partnership. The stock gained over +12.50% to reach 0.0009 per share with a trading volume of 67,499,269, significantly surpassing its average volume of 7,542,563. The successful partnership is a positive step for the company and has generated excitement among investors.

BRBL’s current market capitalization stands at $117,698 and its 200-day moving average price is 0.09. The stock is traded on the PNK exchange(OTCPINK) and has a negative earnings per share (EPS) of -0.04, reflected in its negative price to earnings (P/E) ratio of -0.02. BRBL has a total of 117.70 million shares outstanding, giving it a wide reach among potential investors.

BRBL Stock Successful Revenue Partnership Announcement

BrewBilt Brewing Company has made a major announcement regarding a contract that will bring their craft beers to premier entertainment venues nationwide. After months of negotiations, the company has finalized the terms and conditions for the partnership. The agreement will result in the development of BrewBilt-powered craft beer breweries across the United States, with a focus on California and Florida. The Chairman and CEO, Jef Lewis, stated that the partnership will generate $130 million in revenue from 40 sites and will benefit both the craft beer production and BrewBilt Manufacturing. The company has a strong reputation in the craft beer industry, with high ratings on the popular craft beer rating site, Untappd.com.

Focus on Craft Beer Events and Expansion

BRBL Stock

Source: Twitter

In another news, BrewBilt Brewing Company (BRBL) has announced BrewBilt Brewing is set to continue its expansion by participating in various craft beer events and increasing its sales territories. The company’s CEO, Jef Lewis, stated on Jan 19 that the demand for their craft beers is rising rapidly and they are ramping up production to keep up with the demand. The company is excited to participate in several events, including the Capitol Beer Fest in Sacramento, as a way to showcase their products to a wider audience. This news is a positive indicator of the growing popularity of BrewBilt’s craft beers and their ability to meet the demands of the market.

Overview of BrewBilt Brewing’s Operations

BrewBilt Brewing Company, located in the Sierra Foothills of Northern California, is a premium craft beer producer that has its roots in BrewBilt Manufacturing Inc., a company known for handcrafting custom breweries and fermentation systems. The experienced production staff at BrewBilt Brewing uses top-notch equipment and ingredients to create high-quality craft beer that has gained recognition for its German-inspired recipes using traditional techniques and locally sourced ingredients. With positive ratings on popular craft beer rating site Untappd.com, the company has a Type 23 License in California which allows for an annual production of 60,000 BBL of craft beer, translating to $36 million in revenue. The company is planning to seek a Type 1 License for unlimited production.

BrewBilt Brewing operates from a facility in Grass Valley, California, which was upgraded with a 20 BBL brewhouse, 20 and 40 BBL fermentation tanks, cold-storage space, and a modern canning line after being leased by the company. The facility was further expanded in 2021 with the addition of adjacent space. The company has received its Brewers Notice from the Alcohol and Tobacco Tax and Trade Bureau (TTB) and a Type 23 Small Beer Manufacturer license from the California Alcoholic Beverage Control Board (ABC).

BrewBilt Brewing also provides contract brewing services and private label ales for restaurants and bars in need of their own house beer. Additionally, the company’s subsidiary, the Satel Group, is a leading provider of DirecTV and Internet services in the San Francisco Bay Area, serving high-rise apartments, condominiums, and commercial office buildings.

Financial Performance of BRBL Stock

The financial numbers provided indicate that BrewBilt Brewing Company (BRBL) had revenue of $307,171 and a gross profit of $295,756, resulting in a gross profit margin of 96%. However, the company also had significant operating expenses, including selling, general and administrative expenses of $62,058, other expenses of $7.47 million, and interest expenses of $1.15 million. This resulted in a negative operating income of $7.24 million, an EBITDA of -$4.86 million, and a net loss of $6.86 million. The net income margin was negative at -22.33%.

Additionally, the stock ratios suggest that the BRBL stock’s financial performance is weak. The return on assets (ROA) was negative at -4.92, and the return on equity (ROE) was positive at 0.53. The BRBL stock had a debt ratio of 10.59, a debt-to-equity ratio of -1.1, and an interest coverage ratio of -4.41, indicating that the BRBL stock may have difficulty covering its debt obligations. The operating cash flow per share was negative at -0.06, and the free cash flow per share was -0.19.

Conclusion

In conclusion, based on the financial numbers provided, BRBL stock appears to be facing financial difficulties, as indicated by its negative net income, negative operating cash flow, and high debt ratios.

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