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Jones Soda Co. (JSDA)
OTHER OTC:JSDA
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Earnings Data
Report Date
Mar 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 13, 2024
|% Change Since: -20.00%
|Next Earnings Date:Mar 06, 2025
Earnings Call Sentiment|Negative
The earnings call presented several challenges including a decline in net revenue, decreased gross margin, and increased operating expenses leading to a larger net loss. However, there were positive developments such as significant growth in the Mary Jones business, increased cash balance, and promising new product initiatives like Pop Jones. Despite these achievements, the negative financial metrics heavily impacted the overall sentiment.Company Guidance
During the earnings call for Jones Soda's third quarter of 2024, Interim CEO and CFO Paul Norman provided guidance on the company's future plans and current financial performance. Despite a decrease in net revenue to $4.2 million from $4.5 million in the third quarter of 2023, driven by distributor transitions and the loss of a U.S. retailer, the company is focused on resolving these issues and expanding its distribution network. The Mary Jones segment showed promising growth with a 263% increase in revenue to approximately $800,000. However, the company faced a decline in gross margin to 21.2% and an increase in total operating expenses to $3.5 million, resulting in a net loss of $2.6 million. These challenges have prompted a strategic focus on core soda, modern soda, and adult beverages, including the launch of Pop Jones, a new prebiotic beverage. The company aims to return to operational excellence and achieve profitable growth in 2025, underpinned by a robust innovation pipeline and strengthened financial position, supported by a recent $3.7 million private placement and a $2 million revolving credit facility.Mary Jones Business Growth
Generated approximately $800,000 in revenue in the third quarter of 2024, representing a 263% increase year-over-year, driven by sales in the California dispensary market.
Pop Jones Launch
Launch of Pop Jones, an all-natural prebiotic beverage, well received by retailers including Hy-Vee and Albertsons, with ongoing positive conversations with other retailers.
Increased Cash Balance
Cash balance increased to $2.7 million by the end of September due to $3.7 million raised through a private placement, with access to an additional $2 million revolving credit facility.
Expansion of HD9 Distributors
More than 20 additional distributors for HD9 compared to the first half of the year, setting up a strong position for 2025.
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JSDA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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JSDA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 13, 2024 | $0.20 | $0.20 | 0.00% |
| Aug 13, 2024 | $0.46 | $0.45 | -2.17% |
| May 14, 2024 | $0.27 | $0.37 | +37.04% |
| Mar 14, 2024 | $0.25 | $0.24 | -4.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Jones Soda Co. (JSDA) report earnings?
Jones Soda Co. (JSDA) is schdueled to report earning on Mar 06, 2025, TBA Not Confirmed.
What is Jones Soda Co. (JSDA) earnings time?
Jones Soda Co. (JSDA) earnings time is at Mar 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is JSDA EPS forecast?
Currently, no data Available
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