Reed'S, Inc. (REED) Net Income (2010 - 2024)
Reed'S's (REED) quarterly Net Income came in at -$5.5 million in Q3 2024, down 286.0% YoY from $3.0 million in Q4 2023, and down 95.04% on a QoQ basis from -$2.8 million in Q2 2024.
Reed'S, Inc. (REED) Net Income (2010 - 2024) Analysis & Trends
Reed'S (REED) has 14 years of Net Income data on file, last reported at -$5.5 million in Q3 2024.
- Quarterly Net Income fell 286.0% year-over-year to -$5.5 million in Q3 2024, while the trailing twelve-month figure through Dec 2024 was -$10.1 million (up 3.87% YoY) and the FY2023 annual result came in at -$15.5 million, up 22.61% from the prior year.
- Net Income slipped to -$5.5 million in Q3 2024, from -$2.8 million in the prior quarter.
- In the past five years, Net Income ranged from a high of -$1.4 million in Q3 2023 to a low of -$5.7 million in Q2 2022.
- A 4-year average of -$3.3 million and a median of -$3.1 million in 2023 frame the typical range for Net Income.
- Annual changes were most pronounced in 2020 — Net Income jumped 81.78% — and 2024, when it sank 286.0%.
- Tracing REED's Net Income over 4 years: stood at -$2.0 million in 2020, then sank by 68.84% to -$3.4 million in 2022, then soared by 55.01% to -$1.5 million in 2023, then sank by 260.87% to -$5.5 million in 2024.
- The last three Net Income figures came in at -$5.5 million (Q3 2024), -$2.8 million (Q2 2024), and -$1.7 million (Q1 2024), per Business Quant data.
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Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | -5.54 Mn |
| Jun 30, 2024 | -2.84 Mn |
| Mar 31, 2024 | -1.67 Mn |
| Dec 31, 2023 | -1.54 Mn |
| Sep 30, 2023 | -1.44 Mn |
| Jun 30, 2023 | -3.13 Mn |
| Mar 31, 2023 | -4.36 Mn |
| Dec 31, 2022 | -3.41 Mn |
| Sep 30, 2022 | -3.61 Mn |
| Jun 30, 2022 | -5.72 Mn |
| Mar 31, 2022 | -4.98 Mn |
| Jun 30, 2020 | -2.02 Mn |
| Mar 31, 2020 | -2.59 Mn |
| Dec 31, 2019 | -3.58 Mn |
| Sep 30, 2019 | -4.70 Mn |
| Jun 30, 2019 | -11.10 Mn |
| Mar 31, 2019 | -6.29 Mn |
| Dec 31, 2018 | -2.76 Mn |
| Sep 30, 2018 | -6.25 Mn |
| Jun 30, 2018 | -5.28 Mn |