Presentation is loading. Please wait.

Presentation is loading. Please wait.

Jones Soda Company Financial Presentation Group 1: Rodline Beausilien, Jamie Gleghorn, Sarah Hernandez, Jenny Oom, Amy Woods.

Similar presentations


Presentation on theme: "Jones Soda Company Financial Presentation Group 1: Rodline Beausilien, Jamie Gleghorn, Sarah Hernandez, Jenny Oom, Amy Woods."— Presentation transcript:

1 Jones Soda Company Financial Presentation Group 1: Rodline Beausilien, Jamie Gleghorn, Sarah Hernandez, Jenny Oom, Amy Woods

2

3 (Continued)

4 Total Assets What were the company’s total assets at the end of its most recent reporting period?  Jones soda cash and cash equivalent assets as of 2015 show total assets of $5354 What were the total assets at the end of the previous reporting period? Why do you think a change occurred?  The 2014 assets $4874 It seems that the change could have occurred due to the foreign money value. Jones soda is also located in Canada. The Canadian dollar value changes as the US dollar does as well.

5 Jones Soda Co. Quarterly report ending September, 30 2015 Condensed consolidated Balance Sheets How much cash and cash equivalents did the company have at the end of its most recent reporting period? Current assets: Cash and cash equivalents $ 772 $ 857 Accounts receivable, net of allowance of $27 and $49 1840 1,237 Inventory 2569 2,603 Prepaid expenses and other current assets 116 121 Total current assets 5297 4,818 Fixed assets, net of accumulated depreciation of $902 and $1,399 37 25 Other assets 20 31 Total assets $ 5354 $ 4,874 Jones Soda Co. www.jonessoda.com/pages/prwww.jonessoda.com/pages/pr December 31, 2015 December 31, 2014 (unaudited) (In thousands)

6 Accounts Payable  Amount of Accounts Payable company held at the end of 2015: $1,786,000  Amount of Accounts Payable company held at the end of 2014: $1,375,000 There was an increase of $411,000 in accounts payable in the year ended 2015, we believe this was because Jones Soda Co. acquired more purchases on account. December 31, 2015 2014 Accounts payable (in thousands) $1786 $1375

7 Jones Soda Co. Fiscal year is January-December. All values USD millions. 201320142015 3- year trend Sales/Revenue13.7M13.56M13.59M Cost of Goods Sold (COGS) incl. D&A10.43M10.54M10.35M COGS excluding D&A10.21M10.34M10.35M Depreciation & Amortization Expense227,000206,000- Depreciation227,000206,000- Amortization of Intangibles--- Gross Income 3.26M3.01M3.24M  The income statement shows how revenue has decreased from 13.7M, 13.56M to 13.59M  I believe these changes occurred due to the decrease in case sales. Condensed Consolidated Statement of Operations for year ended 2014,2014,2015 (In thousands, except per share data)

8 Jones Soda Co. Net Income/Loss Jones Soda Quarterly Net Income 3 rd Quarter 20154 th quarter 2015 Net Loss $179,000$545,000 Jones Soda Annual Net Income 20142015 Net Loss $1,540,000$1,120,000 The Net loss for the 4 th quarter increased due to a decrease in gross profit and an increase in operating expenses

9 Jones Soda Co. Stock Jones Soda stock has been trending up in recent weeks. I believe this is due to the announcement of the partnership between Jones Soda and 7-Eleven. I would recommend a buy or hold as this partnership is thought to be a profitable one.


Download ppt "Jones Soda Company Financial Presentation Group 1: Rodline Beausilien, Jamie Gleghorn, Sarah Hernandez, Jenny Oom, Amy Woods."

Similar presentations


Ads by Google