Reed'S, Inc. (REED) Gross Profit (2010 - 2024)
Reed'S's Gross Profit was $1.22 million in Q3 2024, down 69.9% from $4.03 million a year earlier and down 68.3% from the prior quarter.
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Analysis
Reed'S, Inc. (REED) Gross Profit (2010 - 2024) Analysis & Trends
On a trailing twelve-month basis, Reed'S's Gross Profit was $8.93 million through Sep 30, 2024, down 29.6% year-over-year; for FY2023, it was $9.71 million, down 19.8% from FY2022.
- Gross Profit shows a five-year compound annual growth rate of -1.9% (FY2018 to FY2023).
- In earlier years, Gross Profit was $12.11 million in FY2022 and $7.88 million in FY2019 (-26.2%).
- Quarterly Gross Profit has moved between $472,000 (Q4 2023) and $4.03 million (Q3 2023) over five years.
- Compared with a year earlier, Gross Profit was higher in three of the last seven quarters, with an average decline of 6.2%.
- The best year-over-year quarter for Gross Profit over five years was Q3 2023 (growth of 65.6%); the worst was Q4 2023 (a decline of 86.3%).
- Per Business Quant data, REED's Gross Profit in the three quarters before Q3 2024 was $3.83 million (Q2 2024), $3.41 million (Q1 2024) and $472,000 (Q4 2023).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 1.22 Mn |
| Jun 30, 2024 | 3.83 Mn |
| Mar 31, 2024 | 3.41 Mn |
| Dec 31, 2023 | 472,000.00 |
| Sep 30, 2023 | 4.03 Mn |
| Jun 30, 2023 | 2.51 Mn |
| Mar 31, 2023 | 2.70 Mn |
| Dec 31, 2022 | 3.45 Mn |
| Sep 30, 2022 | 2.44 Mn |
| Jun 30, 2022 | 3.30 Mn |
| Mar 31, 2022 | 2.93 Mn |
| Jun 30, 2020 | 2.99 Mn |
| Mar 31, 2020 | 2.87 Mn |
| Dec 31, 2019 | 597,000.00 |
| Sep 30, 2019 | 2.50 Mn |
| Jun 30, 2019 | 2.27 Mn |
| Mar 31, 2019 | 2.50 Mn |
| Dec 31, 2018 | 2.65 Mn |
| Sep 30, 2018 | 2.68 Mn |
| Jun 30, 2018 | 3.04 Mn |
API Access
Reed'S, Inc. Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=REED&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "REED", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=REED&period=max&api_key=YOUR_API_KEY");
const data = await res.json();