Working capital and inventory availability
Sales depend on having inventory to fill distributor and e-commerce orders.
- Scope
- Beverage sales and Qplash distribution
- Materiality
- high
SPLASH BEVERAGE GROUP, INC.
Splash Beverage Group, Inc. is a U.S.-based beverage company that develops, acquires, and builds early-stage and under-valued beverage brands. Its business combines branded beverage sales with a vertically integrated distribution platform, including Qplash, which serves both business and consumer customers in the United States and selected international markets.
−19 402,9 %
23,1 %
−34 537,0 %
−90,9 %
0.04
0.04
| % | |
|---|---|
| Branded beverage sales | 45% Sales of owned or controlled beverage brands through distribution channels. |
| Qplash e-commerce distribution | 35% Vertically integrated online distribution platform for beverage delivery. |
| Alcoholic beverages | 10% Alcoholic beverage products, including Chispo tequila in the U.S. and select international markets. |
| Water assets and bottled water | 10% Water extraction rights and planned bottling and sale of drinking water. |
Splash sells to distributors, retailers, brokers, and end customers through its own e-commerce channel...
- Distributorsprimary
Buy beverage inventory for onward resale and channel reach.
- Retailers and boutique storesprimary
Purchase branded beverages for shelf placement and local consumer demand.
- B2B office and facility customerssecondary
Order beverages directly through Qplash for workplace and facility delivery.
- B2C consumerssecondary
Buy beverages online for home delivery through the Qplash platform.
- International buyersemerging
Purchase selected beverage and water products in export or cross-border markets.
Splash’s core market is the United States, where it distributes beverage brands and operates Qplash...
- •United States is the core distribution and sales market
- •Qplash serves U.S. B2B and B2C customers directly
- •Selected international markets are part of the growth plan
- •Costa Rica hosts the acquired aquifer water rights
- •United Arab Emirates appears as an export/customer destination
Splash’s strategy is to acquire or incubate beverage brands with growth potential and push them through its own...
01
Build and scale Qplash distributionshort-term
Direct digital distribution can improve reach to B2B and B2C buyers.
02
Acquire and develop beverage brandsmedium-term
Owned brands can create a broader portfolio and more control over margins and channels.
03
Commercialize water assetsmedium-term
Water rights create a new product line with export potential if capital and infrastructure are secured.
Splash’s business depends on access to inventory, working capital, and reliable third-party manufacturing and...
Distributor demand variability
Customers are not required to place minimum orders, making revenue timing uncertain.
- Scope
- Wholesale and channel sales
- Materiality
- high
Third-party manufacturing and logistics dependence
The company relies on outside vendors for production, bottling, and delivery.
- Scope
- Beverage and water products
- Materiality
- high
Product contamination and brand damage
Quality issues can reduce demand, trigger liability claims, and harm consumer trust.
- Scope
- Water assets and branded beverages
- Materiality
- high
Acquisition and expansion execution
Brand acquisitions and international expansion may not produce expected results.
- Scope
- Brand portfolio and geographic growth
- Materiality
- medium
Revenue recognition
Reported revenue and gross profit can shift with channel mix and sell-through assumptions
Inventory valuation
Inventory impairments can reduce earnings and asset values
Fair value of equity-linked instruments
Can create non-cash gains or losses and affect equity classification
Allowance for doubtful accounts
Bad debt expense and receivables can change with collection experience
: 29.4.2026