Reborn Coffee Key Executives
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Reborn Coffee Earnings
This section highlights Reborn Coffee's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
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Last Earnings Results
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Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
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Reborn Coffee, Inc. operates and franchises retail locations and kiosks that focus on serving specialty-roasted coffee in California. The company purchases, roasts, and sells coffee, tea and other beverages, and various food items. As of September 30, 2021, it operated 7 retail locations. Reborn Coffee, Inc. was founded in 2014 and is based in Brea, California.
$3.89
Stock Price
$12.99M
Market Cap
-
Employees
Brea, CA
Location
Financial Statements
Access annual & quarterly financial statements for Reborn Coffee, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
---|---|---|---|---|---|
Revenue | $5.93M | $5.51M | $3.24M | $2.28M | $793.09K |
Cost of Revenue | $- | $1.89M | $1.12M | $2.96M | $1.23M |
Gross Profit | $5.93M | $3.62M | $2.12M | $-676.98K | $-435.65K |
Gross Profit Ratio | 100.00% | 65.72% | 65.53% | -29.70% | -54.93% |
Research and Development Expenses | $- | $- | $- | $- | $- |
General and Administrative Expenses | $8.34M | $8.16M | $5.66M | $1.71M | $498.90K |
Selling and Marketing Expenses | $- | $- | $52.69K | $82.35K | $73.28K |
Selling General and Administrative Expenses | $8.34M | $8.16M | $5.66M | $1.71M | $498.90K |
Other Expenses | $- | $- | $16.44K | $174.70K | $111.91K |
Operating Expenses | $8.34M | $8.16M | $5.66M | $1.89M | $610.80K |
Cost and Expenses | $10.55M | $10.05M | $6.78M | $4.84M | $1.84M |
Interest Income | $- | $- | $29.20K | $16.17K | $21.51K |
Interest Expense | $-215.14K | $129.48K | $29.20K | $16.17K | $21.51K |
Depreciation and Amortization | $- | $262.02K | $210.62K | $174.70K | $121.91K |
EBITDA | $-4.62M | $-4.33M | $-3.31M | $-3.25M | $-924.55K |
EBITDA Ratio | -77.92% | -78.53% | -102.25% | -104.44% | -116.58% |
Operating Income | $-4.62M | $-4.54M | $-3.54M | $-2.56M | $-1.06M |
Operating Income Ratio | -77.92% | -82.47% | -109.26% | -112.44% | -133.21% |
Total Other Income Expenses Net | $-185.60K | $-174.52K | $-12.76K | $-875.92K | $-11.51K |
Income Before Tax | $-4.81M | $-4.72M | $-3.55M | $-3.44M | $-1.07M |
Income Before Tax Ratio | -81.05% | -85.64% | -109.65% | -150.85% | -134.66% |
Income Tax Expense | $800 | $7.83K | $1.60K | $800 | $800 |
Net Income | $-4.81M | $-4.73M | $-3.55M | $-3.44M | $-1.07M |
Net Income Ratio | -81.06% | -85.78% | -109.70% | -150.89% | -134.76% |
EPS | $-1.66 | $-2.86 | $-2.16 | $-0.03 | $-0.01 |
EPS Diluted | $-1.66 | $-2.86 | $-2.16 | $-0.03 | $-0.01 |
Weighted Average Shares Outstanding | 2.90M | 1.65M | 1.65M | 134.56M | 93.18M |
Weighted Average Shares Outstanding Diluted | 2.90M | 1.65M | 1.65M | 134.56M | 93.18M |
SEC Filing | Source | Source | Source | Source | Source |
Breakdown | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | $1.26M | $1.37M | $1.52M | $1.80M | $1.51M | $1.52M | $1.12M | $860.65K | $838.25K | $788.48K | $753.15K | $712.14K | $687.81K | $491.19K | $388.93K | $292.99K | $225.16K | $137.47K | $137.47K |
Cost of Revenue | $447.27K | $403.07K | $444.70K | $575.08K | $453.73K | $529.13K | $369.63K | $292.88K | $247.33K | $284.44K | $1.00M | $1.04M | $783.01K | $142.18K | $470.45K | $340.89K | $352.76K | $63.44K | $63.44K |
Gross Profit | $811.66K | $969.84K | $1.07M | $1.22M | $1.06M | $989.79K | $752.69K | $567.77K | $590.92K | $504.04K | $-250.00K | $-324.14K | $-95.19K | $349.01K | $-81.52K | $-47.90K | $-127.60K | $74.03K | $74.03K |
Gross Profit Ratio | 64.47% | 70.60% | 70.70% | 68.00% | 70.00% | 65.20% | 67.10% | 66.00% | 70.50% | 63.90% | -33.20% | -45.50% | -13.80% | 71.10% | -21.00% | -16.35% | -56.67% | 53.85% | 53.85% |
Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
General and Administrative Expenses | $1.54M | $2.31M | $1.99M | $2.28M | $1.79M | $2.19M | $1.70M | $1.71M | $1.49M | $1.43M | $276.20K | $492.43K | $930.55K | $656.31K | $204.44K | $130.66K | $151.92K | $65.97K | $65.97K |
Selling and Marketing Expenses | $- | $- | $10.89K | $-63.37K | $11.05K | $29.11K | $20.43K | $25.58K | $6.60K | $11.04K | $9.47K | $9.73K | $22.46K | $4.30K | $45.86K | $21.00K | $32.16K | $10.06K | $10.06K |
Selling General and Administrative Expenses | $1.54M | $2.31M | $1.94M | $2.22M | $1.79M | $2.19M | $1.70M | $1.71M | $1.49M | $1.43M | $276.20K | $492.43K | $930.55K | $656.31K | $204.44K | $130.66K | $151.92K | $312.26K | $312.26K |
Other Expenses | $- | $- | $7.81K | $1.76M | $- | $518.48K | $- | $-24.59K | $242.55K | $1.44K | $49.13K | $- | $42.13K | $- | $- | $- | $30.81K | $- | $- |
Operating Expenses | $1.54M | $2.31M | $1.94M | $2.22M | $1.79M | $2.19M | $1.70M | $1.71M | $1.49M | $1.43M | $325.33K | $543.07K | $972.68K | $656.31K | $240.57K | $162.58K | $182.74K | $336.85K | $336.85K |
Cost and Expenses | $1.98M | $2.71M | $2.38M | $2.79M | $2.25M | $2.72M | $2.07M | $2.00M | $1.73M | $1.72M | $1.33M | $1.58M | $1.76M | $798.49K | $711.02K | $503.47K | $535.49K | $400.29K | $400.29K |
Interest Income | $- | $- | $- | $- | $- | $94.23K | $12.20K | $10.21K | $24.43K | $- | $- | $- | $- | $- | $- | $- | $- | $4.39K | $4.39K |
Interest Expense | $7.51K | $7.53K | $134.78K | $4.51K | $18.53K | $94.23K | $12.20K | $- | $24.43K | $10.20K | $4.78K | $4.69K | $5.71K | $382 | $5.39K | $7.88K | $4.85K | $- | $- |
Depreciation and Amortization | $11.84K | $109.38K | $63.33K | $63.37K | $63.26K | $79.30K | $56.10K | $64.11K | $48.58K | $48.79K | $49.13K | $45.12K | $42.13K | $46.00K | $36.00K | $31.92K | $30.81K | $29.59K | $29.59K |
EBITDA | $-699.59K | $-1.20M | $-792.43K | $-930.63K | $-659.29K | $-1.12M | $-895.86K | $-1.08M | $-847.05K | $-878.16K | $-511.20K | $-808.94K | $-1.89M | $-261.50K | $-285.96K | $-178.56K | $-279.53K | $-238.23K | $-238.23K |
EBITDA Ratio | -55.57% | -87.38% | -52.71% | -51.74% | -44.21% | -73.74% | -79.82% | -125.15% | -101.05% | -111.37% | -67.87% | -113.59% | -148.33% | -53.24% | -73.52% | -60.94% | -124.15% | -173.30% | -173.30% |
Operating Income | $-724.70K | $-1.34M | $-863.57K | $-993.99K | $-732.71K | $-1.20M | $-951.96K | $-1.14M | $-895.63K | $-928.39K | $-575.33K | $-867.21K | $-1.07M | $-307.30K | $-322.09K | $-210.48K | $-310.34K | $-267.82K | $-267.82K |
Operating Income Ratio | -57.56% | -97.43% | -56.89% | -55.27% | -48.39% | -78.96% | -84.82% | -132.60% | -106.85% | -117.75% | -76.39% | -121.78% | -155.26% | -62.56% | -82.81% | -71.84% | -137.83% | -194.82% | -194.82% |
Total Other Income Expenses Net | $5.75K | $20.99K | $-126.97K | $-4.01K | $-8.36K | $-94.23K | $-12.20K | $10.21K | $-24.43K | $-8.76K | $10.22K | $2.94K | $-873.09K | $-382 | $-5.39K | $-7.88K | $-4.85K | $610 | $610 |
Income Before Tax | $-718.95K | $-1.32M | $-990.54K | $-998.01K | $-741.07K | $-1.29M | $-964.16K | $-1.13M | $-920.06K | $-937.15K | $-565.11K | $-864.26K | $-1.94M | $-307.68K | $-327.48K | $-218.36K | $-315.19K | $-267.21K | $-267.21K |
Income Before Tax Ratio | -57.11% | -95.90% | -65.25% | -55.49% | -48.94% | -85.17% | -85.91% | -131.41% | -109.76% | -118.86% | -75.03% | -121.36% | -282.19% | -62.64% | -84.20% | -74.53% | -139.98% | -194.38% | -194.38% |
Income Tax Expense | $800 | $- | $20.05K | $-7.03K | $7.83K | $-42.78K | $24.41K | $1.60K | $24.43K | $11.64K | $-10.22K | $17.84K | $5.71K | $-203 | $1.00K | $- | $- | $400 | $400 |
Net Income | $-719.75K | $-1.32M | $-990.54K | $-990.98K | $-748.90K | $-1.29M | $-988.57K | $-1.13M | $-944.49K | $-937.15K | $-554.89K | $-864.26K | $-1.94M | $-307.68K | $-327.48K | $-218.36K | $-315.19K | $-267.61K | $-267.61K |
Net Income Ratio | -57.17% | -95.90% | -65.25% | -55.10% | -49.46% | -85.17% | -88.08% | -131.60% | -112.67% | -118.86% | -73.68% | -121.36% | -282.19% | -62.64% | -84.20% | -74.53% | -139.98% | -194.67% | -194.67% |
EPS | $-0.30 | $-0.48 | $-0.60 | $-0.53 | $-0.45 | $-0.78 | $-0.65 | $-0.69 | $-0.08 | $-0.08 | $-0.05 | $-0.07 | $-0.17 | $-0.03 | $-0.03 | $-0.02 | $-0.03 | $-0.34 | $-0.34 |
EPS Diluted | $-0.30 | $-0.48 | $-0.60 | $-0.53 | $-0.45 | $-0.78 | $-0.65 | $-0.69 | $-0.08 | $-0.08 | $-0.05 | $-0.07 | $-0.17 | $-0.03 | $-0.03 | $-0.02 | $-0.03 | $-0.34 | $-0.34 |
Weighted Average Shares Outstanding | 2.40M | 2.75M | 1.65M | 1.87M | 1.66M | 1.65M | 1.52M | 1.65M | 11.50M | 11.68M | 11.30M | 11.59M | 11.68M | 11.68M | 11.68M | 9.78M | 11.68M | 787.29K | 787.29K |
Weighted Average Shares Outstanding Diluted | 2.42M | 2.75M | 1.65M | 1.87M | 1.66M | 1.65M | 1.52M | 1.65M | 11.68M | 11.68M | 11.68M | 11.59M | 11.68M | 11.68M | 11.68M | 9.78M | 11.68M | 787.29K | 787.29K |
SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
---|---|---|---|---|---|
Cash and Cash Equivalents | $158.22K | $164.30K | $3.02M | $905.05K | $128.57K |
Short Term Investments | $- | $- | $- | $- | $- |
Cash and Short Term Investments | $158.22K | $164.30K | $3.02M | $905.05K | $128.57K |
Net Receivables | $67.31K | $56.94K | $780 | $- | $3.85K |
Inventory | $169.62K | $185.06K | $132.34K | $88.88K | $15.28K |
Other Current Assets | $467.61K | $359.12K | $477.85K | $191.84K | $59.78K |
Total Current Assets | $862.75K | $765.42K | $3.63M | $1.19M | $207.48K |
Property Plant Equipment Net | $6.73M | $8.06M | $4.59M | $3.58M | $1.77M |
Goodwill | $- | $- | $- | $- | $- |
Intangible Assets | $- | $- | $- | $- | $- |
Goodwill and Intangible Assets | $- | $- | $- | $- | $- |
Long Term Investments | $- | $- | $- | $- | $450.00K |
Tax Assets | $- | $- | $2.52M | $- | $- |
Other Non-Current Assets | $193.19K | $425.71K | $-2.28M | $-3.58M | $-450.00K |
Total Non-Current Assets | $6.93M | $8.49M | $4.83M | $3.58M | $1.77M |
Other Assets | $- | $- | $- | $- | $- |
Total Assets | $7.79M | $9.25M | $8.46M | $4.76M | $1.98M |
Account Payables | $558.44K | $632.75K | $87.81K | $45.75K | $73.32K |
Short Term Debt | $1.02M | $2.58M | $745.29K | $743.18K | $1.40M |
Tax Payables | $- | $- | $- | $- | $- |
Deferred Revenue | $- | $- | $- | $- | $- |
Other Current Liabilities | $1.20M | $611.29K | $233.05K | $124.53K | $62.20K |
Total Current Liabilities | $2.78M | $3.82M | $1.07M | $913.47K | $1.54M |
Long Term Debt | $1.91M | $4.58M | $3.10M | $2.65M | $1.19M |
Deferred Revenue Non-Current | $- | $- | $- | $- | $- |
Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- |
Other Non-Current Liabilities | $496.25K | $- | $- | $- | $- |
Total Non-Current Liabilities | $2.40M | $4.58M | $3.10M | $2.65M | $1.19M |
Other Liabilities | $- | $- | $- | $- | $- |
Total Liabilities | $5.19M | $8.41M | $4.17M | $3.57M | $2.73M |
Preferred Stock | $- | $- | $0 | $- | $450.00K |
Common Stock | $1.47M | $1.49K | $1.32K | $1.16K | $101.18K |
Retained Earnings | $-21.56M | $-16.76M | $-12.03M | $-8.48M | $-5.04M |
Accumulated Other Comprehensive Income Loss | $21.09K | $- | $-0 | $- | $-450.00K |
Other Total Stockholders Equity | $22.67M | $17.60M | $16.32M | $9.67M | $4.73M |
Total Stockholders Equity | $2.60M | $846.41K | $4.29M | $1.20M | $-752.40K |
Total Equity | $2.60M | $846.41K | $4.29M | $1.20M | $-752.40K |
Total Liabilities and Stockholders Equity | $7.79M | $9.25M | $8.46M | $4.76M | $1.98M |
Minority Interest | $- | $- | $- | $- | $- |
Total Liabilities and Total Equity | $7.79M | $9.25M | $8.46M | $4.76M | $1.98M |
Total Investments | $- | $- | $- | $- | $450.00K |
Total Debt | $2.93M | $7.16M | $3.85M | $3.39M | $2.59M |
Net Debt | $2.77M | $7.00M | $831.12K | $2.49M | $2.46M |
Balance Sheet Charts
Breakdown | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | March 31, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash and Cash Equivalents | $105.86K | $617.05K | $70.25K | $676.45K | $363.95K | $337.49K | $873.10K | $3.02M | $4.73M | $149.82K | $183.19K | $905.05K | $874.82K | $139.64K | $-128.57K | $128.57K | $- |
Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $257.13K | $- | $- |
Cash and Short Term Investments | $105.86K | $617.05K | $70.25K | $676.45K | $363.95K | $337.49K | $873.10K | $3.02M | $4.73M | $149.82K | $183.19K | $905.05K | $874.82K | $139.64K | $128.57K | $128.57K | $- |
Net Receivables | $76.81K | $67.22K | $192.72K | $47.36K | $13.81K | $2.29K | $3.70K | $780 | $350 | $1.29K | $1.27K | $- | $8.27K | $4.12K | $- | $3.85K | $- |
Inventory | $251.60K | $267.93K | $266.70K | $166.28K | $166.28K | $124.84K | $123.74K | $132.34K | $102.98K | $102.98K | $73.29K | $88.88K | $22.30K | $22.52K | $- | $15.28K | $- |
Other Current Assets | $934.30K | $704.96K | $1.16M | $773.95K | $1.27M | $1.28M | $1.36M | $477.85K | $512.38K | $440.23K | $220.16K | $191.84K | $156.88K | $124.86K | $- | $59.78K | $- |
Total Current Assets | $1.37M | $1.66M | $1.69M | $1.66M | $1.82M | $1.75M | $2.36M | $3.63M | $5.09M | $474.21K | $477.92K | $1.19M | $1.06M | $291.15K | $128.57K | $207.48K | $- |
Property Plant Equipment Net | $7.94M | $8.22M | $8.77M | $6.33M | $6.58M | $10.07M | $5.57M | $4.59M | $4.06M | $4.12M | $4.12M | $3.58M | $3.44M | $3.34M | $- | $1.77M | $- |
Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Long Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $1.00M | $- | $- | $- | $- |
Tax Assets | $- | $- | $- | $3.35M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Non-Current Assets | $328.63K | $648.94K | $419.48K | $-2.35M | $45.98K | $235.16K | $235.16K | $235.16K | $-4.06M | $- | $- | $- | $-1.00M | $- | $-128.57K | $- | $- |
Total Non-Current Assets | $8.27M | $8.87M | $9.19M | $7.34M | $6.62M | $10.31M | $5.81M | $4.83M | $4.06M | $4.12M | $4.12M | $3.58M | $3.44M | $3.34M | $-128.57K | $1.77M | $- |
Other Assets | $- | $- | $1 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Assets | $9.64M | $10.53M | $10.88M | $9.00M | $8.44M | $12.06M | $8.16M | $8.46M | $9.15M | $4.59M | $4.60M | $4.76M | $4.50M | $3.64M | $- | $1.98M | $- |
Account Payables | $528.69K | $464.00K | $513.01K | $399.35K | $298.28K | $293.91K | $120.82K | $87.81K | $20.98K | $158 | $42.25K | $45.75K | $28.86K | $122.83K | $- | $73.32K | $- |
Short Term Debt | $1.97M | $2.58M | $2.69M | $2.02M | $2.09M | $2.92M | $1.62M | $745.29K | $1.43M | $1.46M | $746.57K | $743.18K | $771.75K | $1.75M | $- | $1.40M | $- |
Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-1.94M | $- | $- | $- | $- |
Deferred Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-655.60K | $- | $- | $-64.92K | $- | $- | $- | $- |
Other Current Liabilities | $825.56K | $665.20K | $724.69K | $598.47K | $176.20K | $-451.08K | $-457.72K | $233.05K | $-399.56K | $171.07K | $168.77K | $124.53K | $2.03M | $79.62K | $- | $62.20K | $- |
Total Current Liabilities | $3.32M | $3.71M | $3.93M | $3.01M | $2.57M | $2.76M | $1.28M | $1.07M | $1.06M | $1.63M | $957.59K | $913.47K | $886.28K | $1.95M | $- | $1.54M | $- |
Long Term Debt | $3.65M | $4.27M | $4.38M | $4.41M | $4.31M | $7.02M | $3.56M | $3.10M | $2.89M | $3.04M | $3.00M | $2.65M | $2.67M | $2.37M | $- | $1.19M | $- |
Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Non-Current Liabilities | $- | $- | $- | $- | $10 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Non-Current Liabilities | $3.65M | $4.27M | $4.38M | $4.41M | $4.31M | $7.02M | $3.56M | $3.10M | $2.89M | $3.04M | $3.00M | $2.65M | $2.67M | $2.37M | $- | $1.19M | $- |
Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Liabilities | $6.98M | $7.99M | $8.31M | $7.43M | $6.88M | $9.78M | $4.84M | $4.17M | $3.95M | $4.67M | $3.96M | $3.57M | $3.56M | $4.32M | $- | $2.73M | $- |
Preferred Stock | $- | $- | $- | $- | $0 | $1 | $- | $0 | $- | $- | $- | $- | $1.00M | $- | $- | $450.00K | $- |
Common Stock | $334 | $324 | $285 | $1.49K | $1.32K | $1.32K | $1.32K | $1.32K | $1.31K | $1.17K | $1.16K | $1.16K | $112.86K | $103.82K | $- | $101.18K | $- |
Retained Earnings | $-19.78M | $-19.06M | $-17.75M | $-16.03M | $-15.04M | $-14.29M | $-13.00M | $-12.03M | $-10.90M | $-9.98M | $-9.04M | $-8.48M | $-7.61M | $-5.67M | $- | $-5.04M | $- |
Accumulated Other Comprehensive Income Loss | $-33.22K | $3.44K | $15.48K | $- | $-0 | $0 | $- | $-0 | $- | $- | $- | $- | $-1.00M | $-51.25K | $-752.40K | $-450.00K | $-2.51M |
Other Total Stockholders Equity | $22.48M | $21.60M | $20.30M | $17.60M | $16.60M | $16.57M | $16.32M | $16.32M | $16.10M | $9.90M | $9.67M | $9.67M | $9.45M | $4.94M | $- | $4.73M | $- |
Total Stockholders Equity | $2.67M | $2.54M | $2.57M | $1.57M | $1.56M | $2.28M | $3.32M | $4.29M | $5.20M | $-78.97K | $633.18K | $1.20M | $946.62K | $-684.06K | $-752.40K | $-752.40K | $-2.51M |
Total Equity | $2.67M | $2.54M | $2.57M | $1.57M | $1.56M | $2.28M | $3.32M | $4.29M | $5.20M | $-78.97K | $633.18K | $1.20M | $946.62K | $-684.06K | $-752.40K | $-752.40K | $-2.51M |
Total Liabilities and Stockholders Equity | $9.64M | $10.53M | $10.88M | $9.00M | $8.44M | $12.06M | $8.16M | $8.46M | $9.15M | $4.59M | $4.60M | $4.76M | $4.50M | $3.64M | $-752.40K | $1.98M | $-2.51M |
Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Liabilities and Total Equity | $9.64M | $10.53M | $10.88M | $9.00M | $8.44M | $12.06M | $8.16M | $8.46M | $9.15M | $4.59M | $4.60M | $4.76M | $4.50M | $3.64M | $-752.40K | $1.98M | $-2.51M |
Total Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $1.00M | $- | $257.13K | $- | $- |
Total Debt | $5.62M | $6.86M | $7.07M | $6.43M | $6.40M | $9.10M | $4.43M | $3.85M | $3.67M | $4.50M | $3.75M | $3.39M | $3.44M | $3.72M | $- | $2.59M | $- |
Net Debt | $5.51M | $6.24M | $7.00M | $5.75M | $6.04M | $8.76M | $3.55M | $831.12K | $-1.06M | $4.35M | $3.57M | $2.49M | $2.57M | $3.58M | $128.57K | $2.46M | $- |
Annual Cash Flow
Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
---|---|---|---|---|---|
Net Income | $-4.81M | $-4.73M | $-3.55M | $-3.44M | $-1.07M |
Depreciation and Amortization | $391.26K | $262.02K | $210.62K | $174.70K | $121.91K |
Deferred Income Tax | $- | $- | $- | $867.38K | $- |
Stock Based Compensation | $600.06K | $285.00K | $441.00K | $550.00K | $- |
Change in Working Capital | $- | $742.48K | $-414.84K | $-91.48K | $61.94K |
Accounts Receivables | $-10.37K | $- | $-780 | $3.85K | $16.61K |
Inventory | $15.45K | $- | $-43.47K | $-73.60K | $-6.08K |
Accounts Payables | $-53.22K | $544.94K | $42.06K | $-27.57K | $72.50K |
Other Working Capital | $- | $197.54K | $-412.66K | $5.84K | $-21.09K |
Other Non Cash Items | $362.40K | $256.62K | $21.06K | $-10.02K | $160.79K |
Net Cash Provided by Operating Activities | $-3.45M | $-3.18M | $-3.30M | $-1.95M | $-884.93K |
Investments in Property Plant and Equipment | $- | $-2.41M | $-681.53K | $-498.22K | $-115.84K |
Acquisitions Net | $- | $- | $- | $- | $- |
Purchases of Investments | $- | $- | $- | $- | $- |
Sales Maturities of Investments | $- | $- | $- | $- | $- |
Other Investing Activities | $-977.22K | $- | $-681.53K | $-150.00K | $- |
Net Cash Used for Investing Activities | $-977.22K | $-2.41M | $-681.53K | $-498.22K | $-115.84K |
Debt Repayment | $- | $2.74M | $-109.56K | $535.65K | $-270.66K |
Common Stock Issued | $4.28M | $- | $7.20M | $2.69M | $1.40M |
Common Stock Repurchased | $- | $- | $- | $- | $- |
Dividends Paid | $- | $- | $- | $- | $- |
Other Financing Activities | $4.42M | $- | $-997.87K | $- | $- |
Net Cash Used Provided by Financing Activities | $4.42M | $2.74M | $6.09M | $3.22M | $1.13M |
Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
Net Change in Cash | $-6.09K | $-2.85M | $2.11M | $776.48K | $128.57K |
Cash at End of Period | $158.22K | $164.30K | $3.02M | $905.05K | $128.57K |
Cash at Beginning of Period | $164.30K | $3.02M | $905.05K | $128.57K | $- |
Operating Cash Flow | $-3.45M | $-3.18M | $-3.30M | $-1.95M | $-884.93K |
Capital Expenditure | $- | $-2.41M | $-681.53K | $-498.22K | $-115.84K |
Free Cash Flow | $-3.45M | $-5.59M | $-3.98M | $-2.45M | $-1.00M |
Cash Flow Charts
Breakdown | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | $-719.75K | $-1.32M | $-990.54K | $-990.98K | $-748.90K | $-1.29M | $-964.16K | $-1.13M | $-920.06K | $-937.15K | $-565.11K | $-864.26K | $-1.94M | $-307.68K | $-327.48K | $-218.36K | $-315.19K | $-267.61K | $-267.61K |
Depreciation and Amortization | $11.84K | $109.38K | $63.33K | $63.37K | $63.26K | $79.30K | $56.10K | $64.11K | $48.58K | $48.79K | $49.13K | $45.12K | $47.65K | $45.80K | $36.13K | $31.92K | $30.81K | $29.59K | $29.59K |
Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Stock Based Compensation | $- | $- | $- | $-35.00K | $35.00K | $- | $- | $216.00K | $- | $- | $- | $-25.00K | $575.00K | $- | $- | $- | $- | $- | $- |
Change in Working Capital | $286.12K | $232.61K | $-1.01M | $886.33K | $-60.55K | $340.42K | $-778.34K | $-441.31K | $69.20K | $-69.45K | $26.73K | $-7.56K | $-78.24K | $49.51K | $-55.18K | $43.27K | $27.27K | $-23.71K | $-23.71K |
Accounts Receivables | $-9.58K | $125.50K | $-135.79K | $-33.55K | $-11.53K | $1.41K | $-2.92K | $-430 | $943 | $-21 | $-1.27K | $8.27K | $-4.15K | $-2.81K | $2.54K | $56.49K | $-14.82K | $-12.53K | $-12.53K |
Inventory | $16.33K | $-1.24K | $-81.64K | $33.94K | $-41.44K | $-1.10K | $8.61K | $-29.36K | $- | $-29.69K | $15.59K | $-66.57K | $221 | $822 | $-8.07K | $5 | $22 | $-3.05K | $-3.05K |
Accounts Payables | $28.04K | $-61.06K | $-104.26K | $101.07K | $4.37K | $173.09K | $33.01K | $66.83K | $20.82K | $-42.09K | $-3.50K | $16.88K | $-93.96K | $53.91K | $-4.41K | $33.66K | $- | $- | $- |
Other Working Capital | $251.34K | $169.40K | $-684.55K | $818.81K | $-11.96K | $167.02K | $-817.03K | $-478.36K | $47.44K | $2.35K | $15.91K | $33.85K | $19.65K | $-2.41K | $-45.25K | $-46.89K | $42.07K | $-8.13K | $-8.13K |
Other Non Cash Items | $-2.18K | $12.82K | $-456 | $241.12K | $3.51K | $254.12K | $23.10K | $-6.58K | $5.56K | $18.59K | $3.49K | $972.36K | $-135.56K | $8.60K | $11.96K | $33.66K | $27.90K | $5.47K | $5.47K |
Net Cash Provided by Operating Activities | $-423.96K | $-961.80K | $-1.93M | $199.84K | $-707.69K | $-619.79K | $-1.66M | $-1.30M | $-796.72K | $-714.22K | $-485.76K | $120.65K | $-1.53M | $-203.78K | $-334.57K | $-143.17K | $-229.21K | $-256.27K | $-256.27K |
Investments in Property Plant and Equipment | $641.06K | $345.92K | $-986.98K | $-272.93K | $3.67M | $-3.95M | $-470.85K | $-348.34K | $-164.79K | $-18.50K | $-149.90K | $-85.55K | $-95.52K | $-111.53K | $-205.62K | $-67.33K | $-7.41K | $-20.55K | $-20.55K |
Acquisitions Net | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Investing Activities | $-641.06K | $- | $-986.98K | $-1.02M | $- | $- | $-470.85K | $-681.53K | $- | $- | $- | $-150.00K | $- | $- | $- | $- | $- | $- | $- |
Net Cash Used for Investing Activities | $1 | $345.92K | $-986.98K | $-272.93K | $3.67M | $-3.95M | $-470.85K | $-348.34K | $-164.79K | $-18.50K | $-149.90K | $-85.55K | $-95.52K | $-111.53K | $-205.62K | $-67.33K | $-7.41K | $-20.55K | $-20.55K |
Debt Repayment | $-4.97M | $3.86M | $126.84K | $1.39M | $-2.94M | $4.03M | $-11.78K | $-62.36K | $-660.34K | $699.36K | $-86.21K | $-175.98K | $398.55K | $206.93K | $106.15K | $-15.29K | $-306.74K | $- | $- |
Common Stock Issued | $4.88M | $-2.70M | $2.70M | $- | $- | $- | $- | $-7.20M | $7.20M | $- | $- | $171.11K | $1.96M | $103.50K | $450.00K | $200.00K | $- | $- | $- |
Common Stock Repurchased | $2.70M | $-2.70M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Financing Activities | $4.88M | $-2.70M | $2.70M | $-1.01M | $- | $- | $- | $- | $6.20M | $- | $- | $- | $- | $103.50K | $450.00K | $- | $500.00K | $375.69K | $375.69K |
Net Cash Used Provided by Financing Activities | $-87.23K | $1.16M | $2.83M | $385.59K | $-2.94M | $4.03M | $-11.78K | $-62.36K | $5.54M | $699.36K | $-86.21K | $-4.87K | $2.36M | $310.43K | $556.15K | $184.71K | $193.26K | $375.69K | $375.69K |
Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Net Change in Cash | $-511.19K | $546.80K | $-94.05K | $312.50K | $26.46K | $-535.61K | $-2.15M | $-1.71M | $4.58M | $-33.37K | $-721.86K | $30.23K | $735.17K | $-4.88K | $15.96K | $-25.80K | $-43.37K | $98.87K | $98.87K |
Cash at End of Period | $105.86K | $617.05K | $70.25K | $676.45K | $363.95K | $337.49K | $873.10K | $3.02M | $4.73M | $149.82K | $183.19K | $905.05K | $874.82K | $139.64K | $144.53K | $128.57K | $154.37K | $197.74K | $98.87K |
Cash at Beginning of Period | $617.05K | $70.25K | $164.30K | $363.95K | $337.49K | $873.10K | $3.02M | $4.73M | $149.82K | $183.19K | $905.05K | $874.82K | $139.64K | $144.53K | $128.57K | $154.37K | $197.74K | $98.87K | $- |
Operating Cash Flow | $-423.96K | $-961.80K | $-1.93M | $199.84K | $-707.69K | $-619.79K | $-1.66M | $-1.30M | $-796.72K | $-714.22K | $-485.76K | $120.65K | $-1.53M | $-203.78K | $-334.57K | $-143.17K | $-229.21K | $-256.27K | $-256.27K |
Capital Expenditure | $1 | $345.92K | $-986.98K | $-272.93K | $3.67M | $-3.95M | $-470.85K | $-348.34K | $-164.79K | $-18.50K | $-149.90K | $-85.55K | $-95.52K | $-111.53K | $-205.62K | $-67.33K | $-7.41K | $-20.55K | $-20.55K |
Free Cash Flow | $-423.96K | $-615.88K | $-2.92M | $-73.09K | $2.96M | $-4.57M | $-2.13M | $-1.65M | $-961.51K | $-732.72K | $-635.65K | $35.10K | $-1.63M | $-315.31K | $-540.19K | $-210.51K | $-236.62K | $-276.82K | $-276.82K |
Reborn Coffee Dividends
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Reborn Coffee News
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Reborn Coffee Provides Fourth Quarter and Full Year 2024 Corporate Update and Financial Results
FY 2024 Annual Revenue Growth to $5.9 Million and Strong 31% Increase in Q4 Revenue to $1.8 Million Approved as U.S. Franchisor and Signed Commitments for 33 New Locations Through a Combination of Area Development and Franchise Agreements BREA, Calif., March 31, 2025 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), a leader in the specialty coffee market, has reported its financial and operational results for the fourth quarter and year ended December 31, 2024.

Reborn Coffee Franchise Expands with Addition of Bosco Bakery in Los Angeles, California
Strengthens Reborn Coffee's Expansion into the Bakery Segment, Enhancing its Specialty Coffee Offerings with Artisan Baked Goods at its Prime Los Angeles, CA Location BREA, Calif., March 25, 2025 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), a leader in the specialty coffee market, today announced that Bosco Bakery (“Bosco”), a well-established bakery in Los Angeles, California, has officially joined Reborn Coffee as a franchise.

Reborn Coffee and Eachome Shopping Forge Strategic Partnership to Revolutionize Coffee Retail in China
Collaboration Leverages Media and Retail Innovation to Accelerate Reborn Coffee's Expansion Across China and Beyond SHENZHEN, China, March 04, 2025 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), a leader in the specialty coffee market, has partnered with Eachome Shopping, a major retail platform under Shenzhen Media Group, to expand its retail footprint across China. The collaboration was formalized at a signing ceremony at the Guangdian Cultural Innovation Center in Shenzhen.

Reborn Coffee Dubai Drives European Flagship Expansion into Vienna, Florence, And Prague
Strengthening Global Presence with Premium Specialty Coffee, Tea, And Bakery Experiences Across Europe BREA, Calif., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), a leader in the specialty coffee market, today announced that Reborn Coffee Dubai, the Middle Eastern hub of Reborn Coffee's international expansion, is spearheading a bold new initiative to establish flagship locations in Europe.

Reborn Coffee Secures Commitments for 33 New Locations Through Strategic Franchise Area Development Partnerships Following Successful Seminar
Reborn Coffee Strengthens Nationwide and International Growth with Newly Signed Area Development Agreements BREA, Calif., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), a leader in the specialty coffee market, today announced the signing of commitments for 33 new locations through a combination of area development and franchise agreements following its highly successful Franchise Seminar held on February 14-15 at Reborn Coffee's Headquarters.

Reborn Coffee Announces Financing Commitments of up to $60.0 Million
BREA, Calif., Feb. 07, 2025 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), a leader in the specialty coffee market, today announced has entered into a securities purchase agreement and a common stock purchase agreement for up to a total of $60 million in financing commitments with Arena Investors, LP (“Arena”) and Arena Business Solutions Global SPC II, Ltd.

Reborn Coffee and Finlays Unveil Limited-Edition RTD Cold Brew Line During Art Basel Miami Beach 2024
Reborn Coffee Partners with Finlays and Miami Artist Mira to Launch an Innovative Ready-to-Drink Cold Brew Line Blending Premium Flavors with Vibrant Artistry BREA, Calif., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN), a premier specialty coffee retailer, today announced a collaboration with Finlays, a global leader in premium tea and coffee solutions, launching its new ready-to-drink (RTD) 4th Wave Cold Brew product line during Art Basel Miami Beach 2024, which took place December 6-8, 2024.

Reborn Coffee to Produce 4th Wave Cold Brew with New Design in Collaboration with Global Partners
Production Scheduled for Early Q1 2025, Reborn Coffee's 4th Wave Cold Brew Combines Innovative Design with Strategic Partnerships for Mass Distribution in the US and Asia BREA, Calif., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN), a premier specialty coffee retailer, today announced its readiness to mass produce its newly designed 4th Wave Cold Brew line, with production scheduled to begin in early Q1 2025 in the United States, Malaysia, and Korea.

Reborn Coffee Provides Third Quarter 2024 Corporate Update and Financial Results
BREA, Calif., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), a leader in the specialty coffee industry, has reported its financial and operational results for the third quarter ended September 30, 2024.

Reborn Coffee's Bbang Ssaem Bakery F&B Forges Major Distribution Agreement with Leading Korean Coffee Chain
Reborn Coffee Expands its Presence in South Korea Through an 8,000 Store Bakery Distribution Partnership, Emphasizing Quality and Preservative-free Offerings BREA, Calif., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN), a premier specialty coffee retailer, today announced a landmark distribution agreement through majority-owned its South Korean subsidiary, Bbang Ssaem Bakery F&B.

Reborn Coffee Closes Acquisition of 58% Stake in South Korea's Bbang Ssaem Bakery
Strategic Acquisition Bringing Reborn Coffee's High-End Café Concept Together with Bbang Ssaem's Bakery Expertise to Drive Revenue and Growth BREA, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN), a premier specialty coffee retailer, is pleased to announce the successful acquisition of a 58% stake in Bbang Ssaem Bakery, a leading bakery chain with 31 locations across South Korea.

Reborn Coffee Introduces New Award Winning Design Coffeeware for Global Distribution
Reborn Tumbler to Lead Introduction of Innovative, Eco-Friendly Coffeeware BREA, Calif., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), a leader in the specialty coffee industry, today announced the launch of its latest patented coffeeware, starting with the highly anticipated Reborn Tumbler.

Reborn Coffee Announces Strategic Joint Venture to Open Three New Locations in Bangkok, Thailand, with One Bangkok Selected as Flagship Location
Continues Increasing Expansion in Southeast Asia with Sixth Partnership Announcement and New Revenue Streams BREA, Calif., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (NASDAQ: REBN), a leading specialty coffee retailer in the U.S., today announced a strategic joint venture with Gaingan Humantech Co. LTD to open three new Reborn Coffee locations in Bangkok, Thailand.

Reborn Coffee Closes Master License Agreement for Sichuan Province, China
Strategic Partnership with Chengdu Octaday Entertainment Group to Introduce Reborn Coffee's Specialty Experience to Sichuan's 83 Million People BREA, Calif., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc (Nasdaq: REBN), a leading global specialty coffee brand, is pleased to announce a significant expansion into the China market through a strategic Master License Agreement with Chengdu Octaday Entertainment Group, facilitated by Reborn China.

Reborn Coffee Announces Completion of Private Placement of Convertible Note
Strategic Investment Reflects Strong Confidence in Reborn Coffee's Growth Prospects and Expands Capital Structure BREA, Calif., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN) (“Reborn Coffee” or the “Company”), _a leading player in the specialty coffee industry, today announced an investment of $500,000 through a convertible note issued to Quen Inno Tech Co., Ltd.

Reborn Coffee Provides Second Quarter 2024 Corporate Update and Financial Results
BREA, Calif., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), (“Reborn”, or the “Company”), a leading specialty coffee retailer in the US, has reported its financial and operational results for the second quarter ended June 30, 2024.

Reborn Coffee Closes Master License Agreement for Liaoning Province, China
BREA, Calif., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (Nasdaq: REBN), a leading global specialty coffee brand, is pleased to announce a significant expansion into the China market through a strategic Master License Agreement with Shenyang Yongsheng Seven Stars Tourism Development Co., facilitated by Reborn China.

Reborn Coffee Announces Strategic Joint Venture with China's AI Company Penglai Data Store to Lead and Develop Master Franchises in China, Hong Kong and Macao
BREA, Calif., July 30, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (NASDAQ: REBN), a leading specialty coffee retailer in the US, today announced a strategic partnership and joint venture with a prominent China AI Database Company - Penglai Data Store (Shenzhen), led by CEO Alex Guo, which develops the high performance AI database software - HetuKV optimizing the AI learning and training process for businesses.

Reborn Coffee Provides First Quarter 2024 Corporate Update and Financial Results
Q12024 Revenue Increased 35% to $1.5 Million Q1 2024 Gross Profit Increased 51% to $1.1 Million BREA, Calif., July 23, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), (“Reborn”, or the “Company”), a California-based retailer of specialty coffee, has reported its financial and operational results for the first quarter ended March 31, 2024.

Reborn Coffee Collaborates with Hagerty Garage + Social to Celebrate Hagerty's 40th Anniversary in South Florida
BREA, Calif., June 28, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), (“Reborn”, or the “Company”), a California-based retailer of specialty coffee, announces its collaboration with Hagerty Garage + Social of Miami, FL, to commemorate the first-ever Hagerty Drivers Club Days, which was a three-day period of automotive events recently hosted by the Hagerty Drivers Club to celebrate its Hagerty Drivers Club (HDC) members and the company's 40th anniversary.

Reborn Coffee Closes Master License Agreement for UAE
BREA, Calif., June 27, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), ("Reborn", or the "Company"), a specialty coffee retailer based in California, announced today a master licensing deal that will facilitate Reborn Coffee's dynamic entry into the vibrant UAE market, with its first flagship location set to open in Dubai, UAE.

Reborn Coffee Unveils Major Global Expansion for Premium Brand Growth in China and Southeast Asia
BREA, Calif., June 11, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), ("Reborn", or the "Company"), a California-based retailer of specialty coffee, today announced its in-depth plan for opening its first flagship store in the Historic Art Museum Building in Guangzhou, China.

Reborn Coffee Announces Letter of Intent to Acquire Majority Stake in Derin Lezzetler, an Istanbul, Turkey-based Artisan Snack and Frozen Bakery Producer
Reborn Coffee Announces Letter of Intent to Acquire Majority Stake in Derin Lezzetler, an Istanbul, Turkey-based Artisan Snack and Frozen Bakery Producer

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Why Is Reborn Coffee (REBN) Stock Up 93% Today?
Reborn Coffee (NASDAQ: REBN ) stock is up on Wednesday after the coffee chain announced a new licensing agreement that will expand its business into China. According to a press release from the company, it signed this Master License Agreement with interior design and consulting firm IAID Co., Ltd.

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