Jones Soda Co Financials
This page shows Jones Soda Co (JSDA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Jones Soda Co has an operating margin of -51.7%, meaning the company retains $-52 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -29.3% the prior year.
Jones Soda Co's revenue grew 14.9% year-over-year to $19.2M, a solid pace of expansion. This earns a growth score of 71/100.
Jones Soda Co has elevated debt relative to equity (D/E of 2.95), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 2/100, reflecting increased financial risk.
Jones Soda Co's current ratio of 1.32 indicates adequate short-term liquidity, earning a score of 33/100. The company can meet its near-term obligations, though with limited headroom.
While Jones Soda Co generated -$5.9M in operating cash flow, capex of $27K consumed most of it, leaving -$5.9M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Jones Soda Co passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Jones Soda Co generates $0.60 in operating cash flow (-$5.9M OCF vs -$9.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Jones Soda Co earns $-899.8 in operating income for every $1 of interest expense (-$9.9M vs $11K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Jones Soda Co generated $19.2M in revenue in fiscal year 2024. This represents an increase of 14.9% from the prior year.
Jones Soda Co's EBITDA was -$9.8M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 104.4% from the prior year.
Jones Soda Co generated -$5.9M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 52.2% from the prior year.
Jones Soda Co reported -$9.9M in net income in fiscal year 2024. This represents a decrease of 103.9% from the prior year.
Jones Soda Co earned $-0.09 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 80.0% from the prior year.
Jones Soda Co held $1.3M in cash against $0 in long-term debt as of fiscal year 2024.
Jones Soda Co had 116M shares outstanding in fiscal year 2024. This represents an increase of 14.4% from the prior year.
Jones Soda Co's gross margin was 21.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 7.9 percentage points from the prior year.
Jones Soda Co's operating margin was -51.7% in fiscal year 2024, reflecting core business profitability. This is down 22.4 percentage points from the prior year.
Jones Soda Co's net profit margin was -51.7% in fiscal year 2024, showing the share of revenue converted to profit. This is down 22.5 percentage points from the prior year.
Jones Soda Co invested $27K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 63.0% from the prior year.
JSDA Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.5M-8.1% | $4.9M+6.2% | $4.6M+65.3% | $2.8M-33.8% | $4.2M-41.2% | $7.2M+43.2% | $5.0M+43.0% | $3.5M |
| Cost of Revenue | $3.2M-2.0% | $3.3M+13.0% | $2.9M-34.2% | $4.4M+38.2% | $3.2M-27.7% | $4.4M+41.5% | $3.1M+10.4% | $2.8M |
| Gross Profit | $1.3M-20.2% | $1.6M-5.2% | $1.7M+310.9% | -$814K-210.7% | $735K-67.5% | $2.3M+19.6% | $1.9M+177.8% | $681K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $1.7M+27.1% | $1.3M+11.7% | $1.2M-45.7% | $2.2M+19.0% | $1.8M-19.6% | $2.3M+48.2% | $1.5M+37.8% | $1.1M |
| Operating Income | -$1.4M-84.5% | -$760K-11.6% | -$681K+84.6% | -$4.4M-68.9% | -$2.6M-53.1% | -$1.7M-49.4% | -$1.1M+26.2% | -$1.6M |
| Interest Expense | $87K+24.3% | $70K-10.3% | $78K+16.4% | $67K+570.0% | $10K+42.9% | $7K-92.1% | $89K | $0 |
| Income Tax | $2K-71.4% | $7K-61.1% | $18K+1900.0% | -$1K-120.0% | $5K-54.5% | $11K+10.0% | $10K+233.3% | $3K |
| Net Income | -$1.4M-154.7% | $2.6M+406.5% | -$852K+81.3% | -$4.5M-73.0% | -$2.6M-67.6% | -$1.6M-36.1% | -$1.2M+24.9% | -$1.5M |
| EPS (Diluted) | $-0.01-150.0% | $0.02+300.0% | $-0.01+75.0% | $-0.04-100.0% | $-0.020.0% | $-0.02-100.0% | $-0.01 | N/A |
JSDA Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $12.1M+1.2% | $11.9M+21.4% | $9.8M+15.4% | $8.5M-28.2% | $11.9M-4.6% | $12.4M+11.2% | $11.2M+12.9% | $9.9M |
| Current Assets | $9.3M+0.9% | $9.2M-5.1% | $9.7M+16.0% | $8.4M-28.2% | $11.7M-4.4% | $12.2M+11.9% | $10.9M+13.8% | $9.6M |
| Cash & Equivalents | $199K-69.4% | $650K-11.6% | $735K-42.4% | $1.3M-52.5% | $2.7M+84.4% | $1.5M-48.5% | $2.8M-26.9% | $3.9M |
| Inventory | $3.3M-0.3% | $3.3M-16.3% | $3.9M+16.2% | $3.4M-29.5% | $4.8M+9.5% | $4.4M+21.4% | $3.6M+50.0% | $2.4M |
| Accounts Receivable | $2.9M+2.5% | $2.8M-23.5% | $3.6M+95.6% | $1.9M-34.8% | $2.9M-39.7% | $4.7M+45.2% | $3.3M+53.8% | $2.1M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $8.7M+14.8% | $7.6M-9.9% | $8.4M+32.5% | $6.4M+25.1% | $5.1M-27.0% | $7.0M+50.6% | $4.6M+96.6% | $2.4M |
| Current Liabilities | $8.7M+14.8% | $7.6M-9.9% | $8.4M+32.5% | $6.4M+25.1% | $5.1M-27.0% | $7.0M+50.6% | $4.6M+96.6% | $2.4M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $3.4M-22.7% | $4.3M+210.8% | $1.4M-35.3% | $2.2M-68.2% | $6.8M+24.1% | $5.5M-16.7% | $6.6M-13.2% | $7.5M |
| Retained Earnings | -$92.6M-1.6% | -$91.2M+2.8% | -$93.8M-0.9% | -$92.9M-5.1% | -$88.4M-3.1% | -$85.8M-1.9% | -$84.2M-1.4% | -$83.1M |
JSDA Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.4M-57.6% | -$876K+48.9% | -$1.7M-50.7% | -$1.1M+34.3% | -$1.7M+16.2% | -$2.1M-115.8% | -$958K+45.2% | -$1.7M |
| Capital Expenditures | N/A | $0 | $0 | $0-100.0% | $27K | $0 | $0 | $0 |
| Free Cash Flow | N/A | -$834K-215.9% | -$264K+76.8% | -$1.1M+35.3% | -$1.8M+14.9% | -$2.1M-115.8% | -$958K+45.2% | -$1.7M |
| Investing Cash Flow | $392K | N/A | N/A | $0+100.0% | -$27K | $0 | $0 | $0 |
| Financing Cash Flow | $562K+403.8% | -$185K-120.2% | $916K+145.6% | $373K-88.3% | $3.2M+1757.6% | $172K+329.3% | -$75K-121.0% | $357K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
JSDA Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 28.9%-4.4pp | 33.3%-4.0pp | 37.3%+66.5pp | -29.2%-46.6pp | 17.4%-14.2pp | 31.6%-6.2pp | 37.9%+18.4pp | 19.5% |
| Operating Margin | -31.2%-15.6pp | -15.5%-0.8pp | -14.8%+143.9pp | -158.6%-96.5pp | -62.2%-38.3pp | -23.9%-1.0pp | -22.9%+21.5pp | -44.4% |
| Net Margin | -31.7%-85.1pp | 53.3%+71.8pp | -18.5%+144.6pp | -163.1%-100.7pp | -62.4%-40.5pp | -21.9%+1.1pp | -23.0%+20.8pp | -43.9% |
| Return on Equity | N/A | 60.2% | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -11.8%-33.7pp | 21.9%+30.5pp | -8.7%+44.7pp | -53.3%-31.2pp | -22.1%-9.5pp | -12.6%-2.3pp | -10.3%+5.2pp | -15.5% |
| Current Ratio | 1.07-0.1 | 1.21+0.1 | 1.15-0.2 | 1.32-1.0 | 2.29+0.5 | 1.75-0.6 | 2.36-1.7 | 4.07 |
| Debt-to-Equity | 2.60+0.9 | 1.75-4.3 | 6.04+3.1 | 2.95+2.2 | 0.75-0.5 | 1.28+0.6 | 0.71+0.4 | 0.31 |
| FCF Margin | N/A | -21.5%-12.4pp | -9.1%+31.7pp | -40.8%+1.0pp | -41.8%-12.9pp | -28.9%-9.7pp | -19.2%+30.8pp | -50.0% |
Similar Companies
Frequently Asked Questions
What is Jones Soda Co's annual revenue?
Jones Soda Co (JSDA) reported $19.2M in total revenue for fiscal year 2024. This represents a 14.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Jones Soda Co's revenue growing?
Jones Soda Co (JSDA) revenue grew by 14.9% year-over-year, from $16.7M to $19.2M in fiscal year 2024.
Is Jones Soda Co profitable?
No, Jones Soda Co (JSDA) reported a net income of -$9.9M in fiscal year 2024, with a net profit margin of -51.7%.
What is Jones Soda Co's earnings per share (EPS)?
Jones Soda Co (JSDA) reported diluted earnings per share of $-0.09 for fiscal year 2024. This represents a -80.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Jones Soda Co's EBITDA?
Jones Soda Co (JSDA) had EBITDA of -$9.8M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Jones Soda Co's gross margin?
Jones Soda Co (JSDA) had a gross margin of 21.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Jones Soda Co's operating margin?
Jones Soda Co (JSDA) had an operating margin of -51.7% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Jones Soda Co's net profit margin?
Jones Soda Co (JSDA) had a net profit margin of -51.7% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Jones Soda Co's free cash flow?
Jones Soda Co (JSDA) generated -$5.9M in free cash flow during fiscal year 2024. This represents a -52.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Jones Soda Co's operating cash flow?
Jones Soda Co (JSDA) generated -$5.9M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Jones Soda Co's total assets?
Jones Soda Co (JSDA) had $8.5M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Jones Soda Co's capital expenditures?
Jones Soda Co (JSDA) invested $27K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How many shares does Jones Soda Co have outstanding?
Jones Soda Co (JSDA) had 116M shares outstanding as of fiscal year 2024.
What is Jones Soda Co's current ratio?
Jones Soda Co (JSDA) had a current ratio of 1.32 as of fiscal year 2024, which is considered adequate.
What is Jones Soda Co's debt-to-equity ratio?
Jones Soda Co (JSDA) had a debt-to-equity ratio of 2.95 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Jones Soda Co's return on assets (ROA)?
Jones Soda Co (JSDA) had a return on assets of -116.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Jones Soda Co's cash runway?
Based on fiscal year 2024 data, Jones Soda Co (JSDA) had $1.3M in cash against an annual operating cash burn of $5.9M. This gives an estimated cash runway of approximately 3 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Jones Soda Co's Piotroski F-Score?
Jones Soda Co (JSDA) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Jones Soda Co's earnings high quality?
Jones Soda Co (JSDA) has an earnings quality ratio of 0.60x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Jones Soda Co cover its interest payments?
Jones Soda Co (JSDA) has an interest coverage ratio of -899.8x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Jones Soda Co?
Jones Soda Co (JSDA) scores 21 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.