FLOW BEVERAGE CRP SUB VTG - $FLWBF STOCK NEWS

Welcome to our dedicated page for FLOW BEVERAGE CRP SUB VTG news (Ticker: $FLWBF), a resource for investors and traders seeking the latest updates and insights on FLOW BEVERAGE CRP SUB VTG stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect FLOW BEVERAGE CRP SUB VTG's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of FLOW BEVERAGE CRP SUB VTG's position in the market.

01/29/2024 06:12 PM

News

Flow Beverage Corp. Reports Q4 and Fiscal 2023 Financial Results, Provides Strategic Update and FY 2024 Outlook

Rhea-AI Summary

Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) reported a 27% increase in net revenue in fiscal 2023 but a 1% decrease in consolidated net revenue. The company also announced several co-pack contracts and restructuring efforts, aiming to achieve positive cash flow and EBITDA by Q4 2024.

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25%

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01/29/2024 07:00 AM

News

Flow Beverage Corp. to Reschedule Release of Fourth Quarter and Fiscal Year End 2023 Financial Results

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Flow Beverage Corp. reschedules the release of its fourth quarter and fiscal year end 2023 financial results to after market close today. The conference call is also rescheduled to January 30, 2024 at 8:30AM ET, with details available in the press release.

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01/23/2024 07:00 AM

News

Flow Beverage Corp. and BioSteel Sports Inc. Enter into 3-Year Manufacturing Agreement

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Flow Beverage Corp. and BioSteel Sports Inc. have entered into a manufacturing agreement for BIOSTEEL-branded sport hydration beverages, with an estimated take-or-pay revenue to Flow over $19 million throughout the term of the agreement. The agreement has a term of three years, with commitments from BioSteel Sports to purchase minimum annual volumes equating to approximately $19.3 million in revenue over the term. Additionally, the agreement includes a take-or-pay provision requiring BioSteel Sports to pay Flow the equivalent of 80% of the value of the difference between the applicable minimum annual volume and the actual volume purchased during the relevant 12-month period over the term.

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12.42%

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01/17/2024 07:00 AM

News

Flow Beverage Corp. to Release Fourth Quarter and Fiscal Year 2023 Financial Results

Rhea-AI Summary

Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) will release its financial results for the fourth quarter and year end of fiscal 2023 on January 29, 2024. The company's Chairman and CEO, Nicholas Reichenbach, and CFO, Trent MacDonald, will host a conference call and webcast to discuss the financial results and provide a business outlook. The conference call and webcast details are provided for investors and traders to participate in the event.

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12/07/2023 07:00 AM

News

Flow Beverage Corp. to Attend Roth MKM’s 12th Annual Deer Valley Event

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Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) announces CEO and CFO attendance at Roth MKM’s 12th Annual Deer Valley Event. Investors can schedule meetings with management by contacting investor relations or Roth MKM at corporateaccess@roth.com.

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2.93%

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11/16/2023 07:00 AM

News

Flow Beverage Corp. Enters into Manufacturing Agreement with BeatBox, With the Potential to Deliver up to $115 million in Revenue Throughout the 5-year Term

Rhea-AI Summary

Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) announced a 5-year manufacturing agreement with BeatBox Beverages to produce and package alcoholic beverages. The agreement includes a commitment for BeatBox to purchase certain minimum annual volumes, equating to approximately $115 million in revenue over the life of the agreement. Flow will increase the capacity of its Aurora production facility to fulfill the agreement, including the addition of a fourth production line and further equipment financing with NFS Leasing. Additionally, Flow has entered into a $5,000,000 senior secured term loan with NFS Leasing to support the company’s capital expenditure and working capital requirements.

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12.88%

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11/13/2023 07:00 AM

News

Flow Beverage Corp. Announces Trent MacDonald Appointed Executive Vice-President of Operations

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FLOW (TSX:FLOW; OTCQX:FLWBF) Announces Trent MacDonald as EVP of Operations and CFO. The appointment reflects his crucial role in the company's transformation, focusing on profitability, IT restructuring, logistics transition, and facility divestment.

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17.05%

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10/18/2023 07:00 AM

News

Flow Beverage Corp. Signs 45 Million Unit Co-Pack Agreement with Joyburst

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Flow Beverage Corp. announces a three-year manufacturing agreement with Joyburst Beverages Inc. to produce 15 million Joyburst Hydration branded beverage units annually.

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10/12/2023 07:00 AM

News

Flow Beverage Corp. to Participate in Lytham Partners Fall 2023 Investor Conference

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Flow Beverage Corp. to participate in Lytham Partners Fall 2023 Investor Conference

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16.47%

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09/14/2023 07:00 AM

News

Flow Beverage Corp. Reports Sustained Flow Brand Growth and Transformation on Track

Rhea-AI Summary

Flow brand net revenue 21% higher than Q3 2022, increased to $10.5 million in Q3 2023. Consolidated net revenue 8% higher than Q3 2022, increased to $13.8 million in Q3 2023. Gross margin of 21% in Q3 2023, as compared to 28% in Q3 2022. EBITDA Loss of $9.7 million in Q3 2023 includes $3.8 million in non-recurring costs, compared to $8.9 million in Q3 2022. The Company maintains its anticipated cost savings from optimization initiatives of $22-$26 million relative to fiscal 2022. Planned sale of the Aurora production facility is advancing through a brokered process.

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