NewAge, Inc.
Consumer Staples · Malt Beverages · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|---|---|
| Revenue | $279.5M | $253.7M | $52.2M | $52.2M | $25.3M | — |
| Operating income | −$34.9M | −$80.0M | −$19.4M | −$6.3M | −$3.6M | — |
| Net income | −$39.3M | −$89.8M | −$12.1M | −$3.5M | −$3.6M | −$72,022 |
| Total assets | $443.2M | $251.1M | $286.9M | $67.7M | $26.7M | $1.2M |
| Total liabilities | $298.9M | $158.9M | $132.4M | $14.9M | $21.8M | $673,697 |
| Equity | $142.2M | $92.3M | $154.5M | $52.7M | $4.9M | $495,112 |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 85.4M | 75.4M | 38.9M | 27.7M | 15.4M | 12.8M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2020- Operating margin
- −12.5%
- Net margin
- −14.1%
- Return on equity
- −27.7%
- Return on assets
- −8.9%
- Return on capital (ROCE)
- −10.9%
- Liabilities / assets
- 67.5%
- Debt / equity
- 2.10×
- Book value / share
- $1.66
- Revenue growth (YoY)
- 10.2%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2020- Altman Z″ (distress)
- -1.08distress
- Accruals / assets
- −1.1%clean
- Beneish M-Score
- -2.26normal
- Piotroski F-Score
- 3/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 3 warning● 2 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- Revenue is growing year-over-year
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 10, 2022
- NT 10-Kmissed a reporting deadline ↗Mar 16, 2022
- NT 10-Kmissed a reporting deadline ↗Mar 16, 2021
- NT 10-Kmissed a reporting deadline ↗Apr 2, 2018
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2016
- NT 10-Kmissed a reporting deadline ↗Mar 30, 2016
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Cooper Fred WDirector | Sep 8, 2021 | Grant | 3.7M | — |
| Brennan EdDirector | Nov 18, 2021 | Buy | 500,000 | $1.22 |
| Manion KevinOfficer — Chief Financial Officer | Jul 19, 2021 | Grant | 213,904 | $0.00 |
| Gould Gregory AOfficer — Chief Financial Officer | Jul 2, 2021 | Tax withholding | 73,110 | $2.24 |
| Willis Brent DOfficer — Chief Executive Officer | Mar 10, 2021 | Grant | 175,000 | $0.00 |
| Cooper Fred WDirector | Feb 2, 2021 | Grant | 131,340 | — |
| Brennan EdDirector | Jan 29, 2021 | Grant | 31,153 | $0.00 |
| Syrett AliciaDirector | Jan 29, 2021 | Grant | 31,153 | $0.00 |
| Cooper Fred WDirector | Jan 29, 2021 | Grant | 31,153 | $0.00 |
| Kuzdowicz Amy L.Director | Jan 29, 2021 | Grant | 31,153 | $0.00 |
| Haas Timothy JDirector | Jan 29, 2021 | Grant | 31,153 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Regulation FD disclosureSep 15, 2022
- Delisting / listing-standard noticeSep 2, 2022
- Entered a material agreement · Bankruptcy or receivership · Debt acceleration / triggering event · Other material eventAug 30, 2022
- Delisting / listing-standard notice · Regulation FD disclosureAug 18, 2022
- Debt acceleration / triggering eventAug 12, 2022
- Director / officer change · Regulation FD disclosureJul 8, 2022
- Regulation FD disclosureJun 8, 2022
- Delisting / listing-standard notice · Regulation FD disclosureMay 17, 2022
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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