Splash Beverage Group

Splash Beverage Group, Inc. engages in the sale and production of natural and healthy drinks. It offers products under the brands of TapouT, Salt Tequila, Copa Di Vino, and Pulpoloco Sangria. The company was founded on September 3, 1992 and is headquartered in Fort Lauderdale, FL.

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Splash Beverage Group reports revenue challenges but shows profitability improvements

Splash Beverage Group's Q2 2024 performance reflects revenue challenges but improved margins and EBITDA.
The company's strategic focus on revenue growth, capital restructuring, and M&A activities positions it for future success.
Challenges include liquidity issues impacting sales and the need to balance growth with financial stability.
Opportunities in organic growth, operational efficiencies, and strategic acquisitions pave the way for sustained profitability.

Splash Beverage Group reports mixed Q3 results amidst growth opportunities

Splash Beverage Group's Q3 '24 performance reflected mixed results with net sales of $381,000, gross margins at $981,000, but faced significant losses. The company navigated challenges in liquidity, legal disputes, and funding delays, impacting financial health and operations.
Despite facing headwinds, Splash Beverage Group demonstrated strengths in operational efficiency, distribution network expansion, and strategic initiatives. Opportunities lie in leveraging brand momentum, acquisitions, and partnerships to drive growth and profitability.
President Bill Meissner's focus on distribution wins and brand trends underscores positive market reception and growth potential for Copa di Vino and Pulpoloco products. The company's strategic direction and efforts to address challenges position it for future success and resilience.

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FORT LAUDERDALE, FL / ACCESSWIRE / December 12, 2024 / Splash Beverage Group, Inc. (NYSE American:SBEV), an innovator in the beverage industry, proudly announces another 2024 retail expansion win. Total Wine & More, America's Wine Superstore and the country's largest independent retailer of fine wine, has authorized Pulpoloco Sangria across multiple states.

Splash Beverage Group Expands Pulpoloco Sangria Distribution With Total Wine & More

Splash Beverage Group, Inc. (NYSE:SBEV ) Q3 2024 Earnings Call Transcript November 25, 2024 8:30 AM ET Company Participants Robert Nistico - CEO Julius Ivancsits - CFO Bill Meissner - President and CMO Operator Greetings. Welcome to the Splash Beverage Group Third Quarter Conference Call.

Splash Beverage Group, Inc. (SBEV) Q3 2024 Earnings Call Transcript

FORT LAUDERDALE, FL / ACCESSWIRE / November 18, 2024 / Splash Beverage Group, Inc. (NYSE American:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, announced that it will host a conference call on Monday, November 25, 2024 at 8:30 a.m. (ET). The C-Suite team Robert Nistico (Chairman / CEO), Julius Ivancsits (CFO), and Bill Meissner (President / CMO) will be present and will field questions after the formal presentation.

Splash Beverage Group to Host Conference Call to Discuss 2024 Third Quarter Results & State of the Business Update

FORT LAUDERDALE, FL / ACCESSWIRE / October 16, 2024 / Splash Beverage Group (NYSE American:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, is excited to announce continued fundraising progress to expand its market presence and support working capital. This updates the earlier announcement on August 22, 2024, with a larger executed contracts total of $7.6 million.

Splash Beverage Group Announces Successful First Tranche of Capital Raise for Strategic Acquisition

Splash Beverage Group, Inc. (NYSE:SBEV ) Q2 2024 Earnings Conference Call August 22, 2024 4:00 PM ET Company Participants Robert Nistico - CEO Julius Ivancsits - CFO Bill Meissner - President & Chief Marketing Officer Conference Call Participants Scott Buck - H.C. Wainwright Sean McGowan - ROTH Capital Partners Operator Greetings.

Splash Beverage Group, Inc. (SBEV) Q2 2024 Earnings Call Transcript

FORT LAUDERDALE, FL / ACCESSWIRE / August 22, 2024 / Splash Beverage Group, Inc. (NYSE American:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, announced that it has begun closing on a private placement for operating capital. Previously announced in the company's corporate update on May 15th, 2024, the Company was entering into a financing agreement with a wealth management firm in upstate NY.

Splash Beverage Group Announces Its Initial Closing on the First Tranche of Private Placement

2024 Second Quarter Results & State of the Business Update FORT LAUDERDALE, FL / ACCESSWIRE / August 15, 2024 / Splash Beverage Group, Inc. (NYSE American:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, announced that it will host a conference call to on Thursday, August 22, 2024 at 4:00 pm ET. The C-Suite team Robert Nistico (Chairman / CEO), Julius Ivancsits (CFO), and Bill Meissner (President / CMO) will be present and field questions after the formal presentation.

Splash Beverage Group to Host Conference Call to Discuss 2024 Second Quarter Results & State of the Business Update

FORT LAUDERDALE, FL / ACCESSWIRE / July 18, 2024 / Splash Beverage Group, Inc. (NYSE American:SBEV), a leading beverage company known for acquiring and growing early-stage brands to national and international prominence, is thrilled to announce that its Chocolate SALT Tequila brand has received its authorization from the Pennsylvania Liquor Control Board (PLCB). This significant achievement allows Chocolate SALT Tequila to be available in nearly 600 fine wine and spirits stores across Pennsylvania starting in September.

Splash Beverage Group Secures Statewide Authorization for SALT Naturally Flavored Tequila in Pennsylvania

FORT LAUDERDALE, FL, April 24, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Splash Beverage Group, Inc. (NYSE American: SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today announced the appointment of Julius Ivancsits as Chief Financial Officer effective April 24th, 2024.

Splash Beverage Group Names Julius Ivancsits as Chief Financial Officer

FORT LAUDERDALE, FL, April 12, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Splash Beverage Group, Inc. (NYSE American: SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, issued a statement today reaffirming its commitment to sustainable growth and long-term success despite a going concern opinion. This advisement does not represent any change or amendment to the Company's financial statements or to its Annual Report on Form 10-K for the fiscal year ended December 31, 2023

Pursuant to NYSE Regulations, Splash Beverage Group Acknowledges the Going Concern Language in Its 10K and Reaffirms Its Commitment to Success

FORT LAUDERDALE, FL, March 01, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire --  Splash Beverage Group, Inc.  (NYSE American: SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today announced the appointment of John Paglia, Ph.D., CFA, CPA, NACD.DC to the Company's Board of Directors and Chair of Audit Committee, effective February 26, 2024.  Dr. Paglia brings over fifteen years of corporate governance experience as an independent director, including more than ten years as audit committee chair and designated financial expert.

Splash Beverage Group Appoints Dr. John Paglia, a Professor of Finance at Pepperdine Graziadio Business School, to Its Board of Directors

FORT LAUDERDALE, FL, Feb. 20, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire –  Splash Beverage Group, Inc.  (NYSE American: SBEV) (“Splash” or the “Company”), a portfolio company of leading beverage brands including SALT Naturally Flavored Tequila, Copa di Vino Single Serve Wines, Pulploloco Sangria, and TapouT Cognitive Energy Drink, is excited to announce it has been awarded new distribution within Terrible's Convenience, the iconic retailer with significant presence in Las Vegas, Nevada.

Splash Beverage Group Extends Copa di Vino's Retail Sales Presence with Iconic Las Vegas Retailer

FORT LAUDERDALE, FL, Feb. 09, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire  –  Splash Beverage Group, Inc.  (NYSE American: SBEV) (“Splash” or the “Company”), a portfolio company of leading beverage brands, announced on February 2nd that its Pulpoloco Sangria will be offered in all of Sea World Parks & Entertainment's venues across California, Florida, Pennsylvania, Virginia and Texas. In the February 7th release the company announced the arrangement as a “partnership” with Sea World Parks & Entertainment. As a clarification to the release: the Company is not an official corporate partner of Sea World Parks & Entertainment, yet a traditional vendor. Splash considers its retail, venue and on-premise customers partners but this arrangement with Sea World Parks & Entertainment is a distribution arrangement for Pulpoloco only as the products will be available at its parks but is not an official partnership. The terms of the announcement remain unchanged.

Splash Beverage Group, Inc. Secures Distribution with Sea World Parks & Entertainment – Clarification

FORT LAUDERDALE, FL, Feb. 08, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire –  Splash Beverage Group, Inc.  (NYSE American: SBEV) (“Splash” or the “Company”), a portfolio company of leading beverage brands including SALT Naturally Flavored Tequila, Copa di Vino Single Serve Wines, Pulpoloco Sangrias, and TapouT Cognitive Energy Drink, is excited to announce its distribution partnership with Armada Distributing, a prominent distributor in the state of Oklahoma.

Splash Beverage Group Strengthens Distribution Network with Armada Distributing Partnership

FORT LAUDERDALE, FL, Feb. 06, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire –  Splash Beverage Group, Inc.  (NYSE American: SBEV) (“Splash” or the “Company”), a portfolio company of leading beverage brands, today is pleased to announce a significant milestone in its growth journey with the addition of Sea World Parks & Entertainment to its growing list of large venue customers.

Splash Beverage Group, Inc. Secures Major Partnership with Sea World Parks & Entertainment

FORT LAUDERDALE, FL, Jan. 31, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire  - Splash Beverage Group, Inc.  (NYSE American: SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today announced the appointment of Stacy McLaughlin as Chief Financial Officer effective January 24th, 2024.

Splash Beverage Group Names Stacy McLaughlin as Chief Financial Officer

FORT LAUDERDALE, FL, Nov. 21, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -  Splash Beverage Group, Inc.  (NYSE American: SBEV) (“Splash” or the “Company”), a portfolio company of leading beverage brands, today announced that Thornton convenience store chain will be featuring Copa di Vino single serve premium wines and Pulpoloco Sangria in Illinois and surrounding areas.  The launch will feature (4) varietals of Copa di Vino Premium Wine and (2) varietals of Pulpoloco Sangria.

Splash Beverage Group's Copa di Vino and Pulpoloco Sangrias to be Featured in AMPM's Thorntons Convenience Stores

FORT LAUDERDALE, FL, Nov. 16, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire –Splash Beverage Group, Inc. (NYSE American: SBEV) (“Splash” or the “Company”), a portfolio company of leading beverage brands, today announced that  retailing giant, Wal-Mart, will be featuring the Copa di Vino brand  in the Southeast U.S. The rollout will feature a minimum of 2 varietals of four packs of Copa di Vino.  The Company expects shipping to begin in late Q1.

Splash Beverage Groups Copa di Vino Brand Received Walmart's Coveted Golden Ticket Award for Its Lineup of Premium Single Serve Wine

FORT LAUDERDALE, FL, Nov. 14, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Splash Beverage Group, Inc. (NYSE American: SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today reported financial results for the third quarter period ended September 30, 2023. Investors are encouraged to read the Company's quarterly report on Form 10-Q which was filed with the Securities and Exchange Commissions (the “SEC”), contains additional information, and is posted at https://splashbeveragegroup.com/ .

Splash Beverage Group Reports Third Quarter 2023 Financial Results, Quarterly Revenues Rise 5%, Nine Month Revenues Rise 22%

FORT LAUDERDALE, FL, Oct. 12, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Splash Beverage Group, Inc. (NYSE American: SBEV) (“Splash” or the “Company”), a portfolio company of leading beverage brands, today announced that convenience store retailing giant, Circle K, will be featuring the Copa di Vino brand in greater than 130 locations in Alabama and Florida.  The rollout will feature 4 varietals of Splash's premium single serve wine, Copa di Vino.  It is expected that the stores will begin selling the product during the month of October. Circle K was founded in El Paso, Texas in 1951 and grew into an enterprise generating more than $1 billion in sales. After being acquired by Canadian based Alimentation Couche-Tard in 2003, it has continued to grow to become one of the most widely recognized convenience store brands, known worldwide for quality products and great customer service.

Splash Beverage Group's Copa di Vino to be Featured in Circle K Divisions in Alabama and Northern Florida

FORT LAUDERDALE, FL, Oct. 10, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - Splash Beverage Group, Inc. (NYSE American: SBEV) (“Splash” or the “Company”), a portfolio company of leading beverage brands, today announced it has entered into a new agreement with Horizon Retailers Association (HRA).  Based in Atlanta, GA, HRA is one of the South's fastest growing convenience store retail associations, representing more than 2,500 retailers and 20 major vendors in the Southeast US.

Splash Beverage Group Enters Into New Agreement With Atlanta Based Horizon Retailers Association (HRA), Representing More Than 2,500 Retailers and 20 Major Vendors in the Southeast US

FORT LAUDERDALE, FL, Sept. 11, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - Splash Beverage Group, Inc. (NYSE American: SBEV) (“Splash” or the “Company”), a portfolio company of leading beverage brands, today announced it has executed a Letter of Intent (“LOI”) to acquire JEM Beverage Management Company, LLC, owners of the brand Western Son Vodka.  Terms of the transaction have not been disclosed as they are subject to reaching a definitive agreement.

Splash Beverage Group Signs Letter of Intent to Acquire Western Son Vodka

FORT LAUDERDALE, FL, Sept. 07, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - Splash Beverage Group, Inc. (NYSE American: SBEV) (“Splash” or the “Company”), a portfolio company of leading beverage brands, today announced it has entered a (non-binding) Term Sheet to fund acquisitions.  The Credit Facility will act as a credit reservation agreement (up to an undisclosed amount) for multiple acquisitions and will provide acquisition financing at the current Euribor rate plus 1.5% and will mature in 7 to 10 years depending on each individual acquisition.

Splash Beverage Group Enters (Non-Binding) Term Sheet to Fund Acquisitions

Copa di Vino to be Added to Nine Blaze Pizza Locations in Southern California FORT LAUDERDALE, FL, Aug. 21, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire  – Splash Beverage Group, Inc. (NYSE American: SBEV) (“Splash” or the “Company”), a portfolio company of leading beverage brands, today announced it has entered new or expanded distribution agreements with Chicago's Lakeshore Beverage, Mississippi's Southern Beverage Company, and Georgia's United Distributors.  At the same time, Splash announced that Copa di Vino will now be offered in nine Blaze Pizza locations across Southern California.

Splash Beverage Group Enters New and Expanded Agreements with Distributors Covering Chicago, Mississippi, and Georgia

FORT LAUDERDALE, FL, Aug. 15, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire  - Splash Beverage Group, Inc. (SBEV) announced today that Robert Nistico, Chief Executive Officer, is scheduled to present virtually at the Sidoti & Company August Virtual Microcap Conference on Thursday, August 17, 2023, at 9:15 am ET.

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