Reed'S, Inc. (REED) Other Operating Expenses (2010 - 2024)
Reed'S's Other Operating Expenses was $2.56 million in Q3 2024, down 7.5% from $2.77 million a year earlier but up 1.7% from the prior quarter.
Reed'S, Inc. (REED) Other Operating Expenses (2010 - 2024) Analysis & Trends
On a trailing twelve-month basis, Reed'S's Other Operating Expenses was $11.41 million through Sep 30, 2024, down 19.8% year-over-year; for FY2023, it was $13.01 million, down 33.1% from FY2022.
- Other Operating Expenses shows a five-year compound annual growth rate of 4.6% (FY2018 to FY2023).
- In earlier years, Other Operating Expenses was $19.46 million in FY2022 and $15.14 million in FY2019 (+45.4%).
- Quarterly Other Operating Expenses has moved between $2.52 million (Q2 2024) and $6.06 million (Q2 2022) over five years.
- Compared with a year earlier, Other Operating Expenses has declined for seven straight quarters, with an average decline of 24.8% over the last seven quarters.
- The year-over-year decline in Other Operating Expenses has ranged between 4.2% (Q4 2019) and 51.4% (Q2 2023) over the last five years.
- Per Business Quant data, REED's Other Operating Expenses in the three quarters before Q3 2024 was $2.52 million (Q2 2024), $2.6 million (Q1 2024) and $3.73 million (Q4 2023).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 2.56 Mn |
| Jun 30, 2024 | 2.52 Mn |
| Mar 31, 2024 | 2.60 Mn |
| Dec 31, 2023 | 3.73 Mn |
| Sep 30, 2023 | 2.77 Mn |
| Jun 30, 2023 | 2.95 Mn |
| Mar 31, 2023 | 3.57 Mn |
| Dec 31, 2022 | 4.94 Mn |
| Sep 30, 2022 | 3.47 Mn |
| Jun 30, 2022 | 6.06 Mn |
| Mar 31, 2022 | 4.99 Mn |
| Jun 30, 2020 | 3.07 Mn |
| Mar 31, 2020 | 3.19 Mn |
| Dec 31, 2019 | 3.08 Mn |
| Sep 30, 2019 | 4.41 Mn |
| Jun 30, 2019 | 4.63 Mn |
| Mar 31, 2019 | 3.02 Mn |
| Dec 31, 2018 | 3.21 Mn |
| Sep 30, 2018 | 2.77 Mn |
| Jun 30, 2018 | 2.46 Mn |
Reed'S, Inc. Other Operating Expenses 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=other-operating-expenses&ticker=REED&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-operating-expenses", "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=other-operating-expenses&ticker=REED&period=max&api_key=YOUR_API_KEY");
const data = await res.json();