Income Statement Big Rock Brewery Inc. OTC Markets

Stocks

BRBMF

CA08947P1036

Brewers

Market Closed - OTC Markets 13:55:15 2026-03-18 EDT			5-day change	1st Jan Change
0.5858 ^USD	-6.62%		+0.01%	+0.15%

08-13	Big Rock Brewery Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
08-13	Big Rock Brewery Swings to Loss in Q2	MT

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Published financial data: BIG ROCK BREWERY INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	45.98M	47.1M	43.68M	43.36M	49.09M
Total Revenues	45.98M	47.1M	43.68M	43.36M	49.09M
Cost of Goods Sold, Total	31.16M	36.62M	30.73M	32.65M	32.08M
Gross Profit	14.82M	10.48M	12.95M	10.71M	17.01M
Selling General & Admin Expenses, Total	16.17M	16.7M	13.88M	16.32M	16.78M
Depreciation & Amortization - (IS)	664K	696K	625K	533K	411K
Other Operating Expenses, Total	16.83M	17.4M	14.5M	16.86M	17.19M
Operating Income	-2.01M	-6.92M	-1.55M	-6.14M	-179K
Interest Expense, Total	-402K	-954K	-2.11M	-2.6M	-959K
Net Interest Expenses	-402K	-954K	-2.11M	-2.6M	-959K
Other Non Operating Income (Expenses)	-949K	-958K	88K	-342K	165K
EBT, Excl. Unusual Items	-3.36M	-8.83M	-3.57M	-9.08M	-973K
Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-767K	-237K	329K	-2.76M	44K
Asset Writedown	-	-	-	-1.63M	-
Other Unusual Items	53K	-	-	-	-
EBT, Incl. Unusual Items	-4.08M	-9.07M	-3.24M	-13.47M	-929K
Income Tax Expense	-819K	-1.97M	-312K	-	-
Earnings From Continuing Operations	-3.26M	-7.1M	-2.93M	-13.47M	-929K
Net Income to Company	-3.26M	-7.1M	-2.93M	-13.47M	-929K
Net Income - (IS)	-3.26M	-7.1M	-2.93M	-13.47M	-929K
Net Income to Common Incl Extra Items	-3.26M	-7.1M	-2.93M	-13.47M	-929K
Net Income to Common Excl. Extra Items	-3.26M	-7.1M	-2.93M	-13.47M	-929K
Per Share Items
Net EPS - Basic	-0.47	-1.02	-0.42	-1.92	-0.04
Basic EPS - Continuing Operations	-0.47	-1.02	-0.42	-1.92	-0.04
Basic Weighted Average Shares Outstanding	6.92M	6.98M	6.97M	7M	24.49M
Net EPS - Diluted	-0.47	-1.02	-0.42	-1.92	-0.04
Diluted EPS - Continuing Operations	-0.47	-1.02	-0.42	-1.92	-0.04
Diluted Weighted Average Shares Outstanding	6.92M	6.98M	6.97M	7M	24.49M
Normalized Basic EPS	-0.3	-0.79	-0.32	-0.81	-0.02
Normalized Diluted EPS	-0.3	-0.79	-0.32	-0.81	-0.02
Supplemental Items
EBITDA	774K	-4.05M	968K	-4M	1.63M
EBITA	-1.81M	-6.71M	-1.36M	-5.95M	18K
EBIT	-2.01M	-6.92M	-1.55M	-6.14M	-179K
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	20.09	21.69	9.61	-	-
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	-	-	-	-	-
Deferred Domestic Taxes	-819K	-1.97M	-312K	-	-
Total Deferred Taxes	-819K	-1.97M	-312K	-	-
Normalized Net Income	-2.1M	-5.52M	-2.23M	-5.68M	-608K
Interest on Long-Term Debt	214K	167K	2.11M	2.6M	959K
Supplemental Operating Expense Items
Marketing Expenses	-	-	-	-	-
Selling and Marketing Expenses	10.58M	10.39M	9.08M	10.06M	10.91M
General and Administrative Expenses	5.59M	6.31M	4.8M	6.26M	5.87M
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., G&A Exp. (Total)	802K	628K	-90K	-118K	-46K
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	802K	628K	-90K	-118K	-46K

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	228K	612K	1.04M	372K	537K
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	228K	612K	1.04M	372K	537K
Accounts Receivable, Total	1.51M	1.7M	2.08M	2.44M	3.59M
Other Receivables	661K	850K	852K	367K	1.19M
Total Receivables	2.17M	2.55M	2.93M	2.8M	4.78M
Inventory	6.72M	5.77M	8.93M	6.35M	8.04M
Prepaid Expenses	463K	369K	1.67M	626K	1M
Other Current Assets, Total	-	625K	51K	814K	524K
Total Current Assets	9.58M	9.92M	14.62M	10.96M	14.88M
Gross Property Plant And Equipment	70.66M	67.61M	67.07M	53.97M	59.32M
Accumulated Depreciation	-28M	-28.1M	-30.4M	-25.78M	-27.47M
Net Property Plant And Equipment	42.65M	39.51M	36.67M	28.2M	31.85M
Other Intangibles, Total	2.59M	2.19M	1.37M	766K	567K
Deferred Tax Assets Long-Term	-	-	134K	134K	134K
Total Assets	54.82M	51.63M	52.79M	40.06M	47.43M
Liabilities
Accounts Payable, Total	3.62M	4.61M	6.34M	4.15M	8.94M
Accrued Expenses, Total	2.28M	3.51M	3.81M	7.3M	6K
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	2.68M	5.7M	4.85M	18.68M	4.86M
Current Portion of Leases	738K	668K	659K	165K	564K
Current Income Taxes Payable	-	-	-	-	-
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	495K	612K	517K	518K	-
Total Current Liabilities	9.82M	15.1M	16.18M	30.81M	14.37M
Long-Term Debt	7.53M	8.04M	11.74M	-	4.64M
Long-Term Leases	3.63M	3.1M	2.34M	53K	3.14M
Deferred Tax Liability Non Current	2.14M	178K	-	-	-
Other Non Current Liabilities	-	-	-	-	113K
Total Liabilities	23.12M	26.42M	30.26M	30.87M	22.26M
Common Stock, Total	114M	114M	114M	114M	131M
Additional Paid In Capital	2.48M	2.95M	3.18M	3.18M	2.54M
Retained Earnings	-84.4M	-91.5M	-94.43M	-108M	-109M
Total Common Equity	31.7M	25.2M	22.53M	9.2M	25.18M
Total Equity	31.7M	25.2M	22.53M	9.2M	25.18M
Total Liabilities And Equity	54.82M	51.63M	52.79M	40.06M	47.43M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	6.95M	6.98M	6.97M	7M	24.49M
ECS Total Common Shares Outstanding	6.95M	6.98M	6.97M	7M	24.49M
Book Value / Share	4.56	3.61	3.23	1.31	1.03
Tangible Book Value	29.11M	23.01M	21.16M	8.43M	24.61M
Tangible Book Value Per Share	4.19	3.3	3.03	1.2	1
Total Debt	14.58M	17.52M	19.6M	18.9M	13.2M
Net Debt	14.35M	16.9M	18.56M	18.53M	12.66M
Debt Equivalent Oper. Leases	-	-	-	-	-
Account Code - Inventory Valuation	6	6	6	6	3
Inventories - Raw Materials, Total	2.54M	1.72M	1.88M	1.84M	2.61M
Inventories - Work In Process, Total	831K	527K	484K	620K	547K
Inventories - Finished Goods, Total	3.35M	3.52M	6.57M	3.89M	4.88M
Land - (BS)	26.26M	26.67M	26.67M	18.21M	18.24M
Buildings, Total	-	-	-	-	-
Machinery, Total	40.52M	36.85M	36.64M	35M	37M
Full Time Employees	129	95	92	-	121
Part Time Employees	2	3	3	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	975K	993K	635K	-	148K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-3.26M	-7.1M	-2.93M	-13.47M	-929K
Depreciation & Amortization - CF	3.04M	3.24M	2.92M	2.3M	2.12M
Amortization of Goodwill and Intangible Assets - (CF)	197K	213K	197K	197K	197K
Depreciation & Amortization, Total	3.24M	3.45M	3.12M	2.5M	2.31M
Amortization of Deferred Charges, Total - (CF)	112K	503K	891K	453K	11K
(Gain) Loss From Sale Of Asset	767K	237K	-329K	2.76M	-44K
Asset Writedown & Restructuring Costs	-	-	-	1.63M	-
Stock-Based Compensation (CF)	802K	600K	-90K	-118K	-46K
Other Operating Activities, Total	-872K	-1.97M	-312K	-	-
Change In Accounts Receivable	-	-382K	-	-	-
Change In Inventories	-	950K	-	-	-
Change In Accounts Payable	-	2.29M	-	-	-
Change In Income Taxes	-	-	-	-	-
Change in Other Net Operating Assets	174K	80K	-2.7M	4.77M	-5.45M
Cash from Operations	962K	-1.34M	-2.36M	-1.48M	-4.14M
Capital Expenditure	-7.54M	-1.06M	-268K	-3.33M	-2.54M
Sale of Property, Plant, and Equipment	2.55M	318K	1.06M	2.89M	44K
Sale (Purchase) of Intangible assets	-800K	-222K	-	-	-
Other Investing Activities, Total	532K	-	39K	-39K	-172K
Cash from Investing	-5.25M	-966K	827K	-479K	-2.67M
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	7.25M	3.54M	2.74M	2.78M	1.1M
Total Debt Issued	7.25M	3.54M	2.74M	2.78M	1.1M
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-1.9M	-977K	-883K	-1.32M	-1.7M
Total Debt Repaid	-1.9M	-977K	-883K	-1.32M	-1.7M
Issuance of Common Stock	-	-	-	135K	8.4M
Repurchase of Common Stock	-471K	-	-	-	-
Other Financing Activities, Total	-621K	126K	98K	-295K	-815K
Cash from Financing	4.26M	2.68M	1.96M	1.3M	6.98M
Net Change in Cash	-24K	384K	427K	-667K	165K
Supplemental Items
Cash Interest Paid	423K	936K	1.28M	1.13M	896K
Cash Income Tax Paid (Refund)	-	-	-	-	-
Levered Free Cash Flow	-5.03M	749K	-970K	-1.67M	-7.75M
Unlevered Free Cash Flow	-4.79M	1.28M	83.75K	-96.38K	-7.16M
Change In Net Working Capital	-666K	-2.37M	2.33M	-4.29M	6.77M
Net Debt Issued / Repaid	5.36M	2.56M	1.86M	1.46M	-606K

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-2.35	-8.12	-1.86	-8.27	-0.26
Return on Total Capital	-2.79	-9.72	-2.29	-10.94	-0.34
Return On Equity %	-9.79	-24.96	-12.29	-84.9	-5.41
Return on Common Equity	-9.79	-24.96	-12.29	-84.9	-5.41
Margin Analysis
Gross Profit Margin %	32.23	22.26	29.65	24.71	34.65
SG&A Margin	35.16	35.47	31.78	37.64	34.17
EBITDA Margin %	1.68	-8.6	2.22	-9.22	3.32
EBITA Margin %	-3.94	-14.24	-3.11	-13.71	0.04
EBIT Margin %	-4.37	-14.69	-3.56	-14.17	-0.36
Income From Continuing Operations Margin %	-7.08	-15.08	-6.72	-31.06	-1.89
Net Income Margin %	-7.08	-15.08	-6.72	-31.06	-1.89
Net Avail. For Common Margin %	-7.08	-15.08	-6.72	-31.06	-1.89
Normalized Net Income Margin	-4.57	-11.72	-5.11	-13.09	-1.24
Levered Free Cash Flow Margin	-10.93	1.59	-2.22	-3.85	-15.78
Unlevered Free Cash Flow Margin	-10.42	2.71	0.19	-0.22	-14.58
Asset Turnover
Asset Turnover	0.86	0.88	0.84	0.93	1.12
Fixed Assets Turnover	1.1	1.15	1.15	1.34	1.64
Receivables Turnover (Average Receivables)	25	29.39	23.11	19.2	16.29
Inventory Turnover (Average Inventory)	5.25	5.86	4.18	4.27	4.46
Short Term Liquidity
Current Ratio	0.98	0.66	0.9	0.36	1.04
Quick Ratio	0.24	0.21	0.25	0.1	0.37
Operating Cash Flow to Current Liabilities	0.1	-0.09	-0.15	-0.05	-0.29
Days Sales Outstanding (Average Receivables)	14.6	12.42	15.79	19.07	22.41
Days Outstanding Inventory (Average Inventory)	69.5	62.24	87.32	85.65	81.86
Average Days Payable Outstanding	30.76	42.12	58.98	63.83	112.17
Cash Conversion Cycle (Average Days)	53.34	32.54	44.13	40.89	-7.91
Long Term Solvency
Total Debt/Equity	45.99	69.51	86.99	205.51	52.42
Total Debt / Total Capital	31.5	41.01	46.52	67.27	34.39
LT Debt/Equity	35.19	44.22	62.54	0.58	30.87
Long-Term Debt / Total Capital	24.11	26.09	33.44	0.19	20.25
Total Liabilities / Total Assets	42.17	51.18	57.33	77.04	46.92
EBIT / Interest Expense	-5	-7.25	-0.74	-2.36	-0.19
EBITDA / Interest Expense	3.05	-3.64	0.74	-1.4	2.23
(EBITDA - Capex) / Interest Expense	-15.7	-4.75	0.61	-2.68	-0.42
Total Debt / EBITDA	11.9	-5.05	12.54	-5.19	6.19
Net Debt / EBITDA	11.72	-4.87	11.87	-5.08	5.93
Total Debt / (EBITDA - Capex)	-2.31	-3.87	15.13	-2.71	-32.43
Net Debt / (EBITDA - Capex)	-2.27	-3.73	14.33	-2.66	-31.11
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	4.54	2.43	-7.26	-0.72	15.03
Gross Profit, 1 Yr. Growth %	-7.28	-29.28	23.55	-17.27	58.75
EBITDA, 1 Yr. Growth %	-77.92	-623.13	-123.91	-513.12	-140.74
EBITA, 1 Yr. Growth %	-373.6	269.68	-79.76	338.17	-100.3
EBIT, 1 Yr. Growth %	-531.54	244.06	-77.54	295.3	-97.09
Earnings From Cont. Operations, 1 Yr. Growth %	389.04	118.02	-58.7	359.15	-93.1
Net Income, 1 Yr. Growth %	389.04	118.02	-58.7	359.15	-93.1
Normalized Net Income, 1 Yr. Growth %	11.91K	162.67	-59.53	154.2	-89.29
Diluted EPS Before Extra, 1 Yr. Growth %	370.32	116.87	-58.75	357.38	-97.92
Accounts Receivable, 1 Yr. Growth %	-30.69	12.82	22.48	17.11	47.35
Inventory, 1 Yr. Growth %	30.52	-14.14	54.83	-28.92	26.67
Net Property, Plant and Equip., 1 Yr. Growth %	3.21	-7.37	-7.2	-23.1	12.95
Total Assets, 1 Yr. Growth %	5.52	-5.83	2.26	-24.11	18.39
Tangible Book Value, 1 Yr. Growth %	-11.07	-20.95	-8.05	-60.16	191.9
Common Equity, 1 Yr. Growth %	-8.96	-20.51	-10.62	-59.17	173.75
Cash From Operations, 1 Yr. Growth %	-77.76	-238.77	76.7	-37.05	179.12
Capital Expenditures, 1 Yr. Growth %	550.78	-85.91	-74.76	1.14K	-23.6
Levered Free Cash Flow, 1 Yr. Growth %	-350.16	-114.9	-234.43	72.35	363.59
Unlevered Free Cash Flow, 1 Yr. Growth %	-307.96	-126.65	-93.29	-215.07	7.33K
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	3.83	3.48	-2.54	-4.05	6.02
Gross Profit, 2 Yr. CAGR %	9.61	-19.02	-6.52	1.1	14.6
EBITDA, 2 Yr. CAGR %	-35.18	7.48	11.83	-0.62	29.72
EBITA, 2 Yr. CAGR %	-39.17	218.04	-13.51	-5.84	-88.48
EBIT, 2 Yr. CAGR %	-37.21	285.33	-12.09	-5.77	-66.06
Earnings From Cont. Operations, 2 Yr. CAGR %	5.58	226.53	-5.1	37.71	-43.72
Net Income, 2 Yr. CAGR %	5.58	226.53	-5.1	37.71	-43.72
Normalized Net Income, 2 Yr. CAGR %	-16.2	1.68K	3.1	1.43	-47.82
Diluted EPS Before Extra, 2 Yr. CAGR %	5.82	219.37	-5.42	37.36	-69.17
Accounts Receivable, 2 Yr. CAGR %	4.5	-11.58	17.55	19.77	31.36
Inventory, 2 Yr. CAGR %	27.04	5.86	15.3	4.91	-5.11
Net Property, Plant and Equip., 2 Yr. CAGR %	2.15	-2.22	-7.28	-15.52	-6.8
Total Assets, 2 Yr. CAGR %	4.94	-0.32	-1.87	-11.91	-5.21
Tangible Book Value, 2 Yr. CAGR %	-6.88	-16.16	-14.74	-39.47	7.84
Common Equity, 2 Yr. CAGR %	-6	-14.93	-15.71	-39.59	5.72
Cash From Operations, 2 Yr. CAGR %	-11.13	-44.45	56.59	5.47	32.56
Capital Expenditures, 2 Yr. CAGR %	211.63	-4.23	-81.14	76.97	207.92
Levered Free Cash Flow, 2 Yr. CAGR %	308.38	-38.94	-56.08	52.21	182.66
Unlevered Free Cash Flow, 2 Yr. CAGR %	209.98	-25.55	-86.78	-72.22	824.48
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-1.93	3.36	-0.23	-1.94	1.39
Gross Profit, 3 Yr. CAGR %	-10.7	-5.28	-6.78	-10.25	17.51
EBITDA, 3 Yr. CAGR %	-41.93	30.02	-34.88	72.88	-26.18
EBITA, 3 Yr. CAGR %	22.37	11	26.97	48.55	-86.1
EBIT, 3 Yr. CAGR %	29.27	10.7	49.4	45.1	-70.42
Earnings From Cont. Operations, 3 Yr. CAGR %	108.37	34.45	63.91	60.5	-49.24
Net Income, 3 Yr. CAGR %	108.37	34.45	63.91	60.5	-49.24
Normalized Net Income, 3 Yr. CAGR %	75.5	22.64	403.5	39.29	-52.06
Diluted EPS Before Extra, 3 Yr. CAGR %	111.1	34.42	61.44	59.94	-66.03
Accounts Receivable, 3 Yr. CAGR %	-21.43	7.2	-1.43	17.4	28.33
Inventory, 3 Yr. CAGR %	7.53	11.49	20.16	-1.87	11.71
Net Property, Plant and Equip., 3 Yr. CAGR %	-0.4	-1.12	-3.91	-12.89	-6.93
Total Assets, 3 Yr. CAGR %	-1.14	1.22	0.53	-9.93	-2.78
Tangible Book Value, 3 Yr. CAGR %	-7	-11.83	-13.54	-33.84	2.26
Common Equity, 3 Yr. CAGR %	-6.34	-11.11	-13.51	-33.8	-0.03
Cash From Operations, 3 Yr. CAGR %	-40.68	3.1	-18.3	15.57	45.89
Capital Expenditures, 3 Yr. CAGR %	55.27	11.02	-38.6	-23.86	33.75
Levered Free Cash Flow, 3 Yr. CAGR %	36.42	35.46	-21.57	-30.73	120.64
Unlevered Free Cash Flow, 3 Yr. CAGR %	30.17	36.81	-66.87	-72.8	78.97
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	1.29	0.22	-2.17	0.33	2.22
Gross Profit, 5 Yr. CAGR %	-4.49	-11.12	-9.05	-2.78	1.25
EBITDA, 5 Yr. CAGR %	-18.53	18.09	-24.53	16.77	-14.21
EBITA, 5 Yr. CAGR %	49.12	45.8	6.51	3.93	-51.39
EBIT, 5 Yr. CAGR %	49.87	46.17	10.79	3.79	-17.42
Earnings From Cont. Operations, 5 Yr. CAGR %	48.37	47.42	52.13	35.74	6.88
Net Income, 5 Yr. CAGR %	48.37	47.42	52.13	35.74	6.88
Normalized Net Income, 5 Yr. CAGR %	46.87	45.21	41.86	13.67	103.33
Diluted EPS Before Extra, 5 Yr. CAGR %	46.37	47.47	53.11	35.58	-16.74
Accounts Receivable, 5 Yr. CAGR %	6.18	-9.33	-7.69	12.06	10.57
Inventory, 5 Yr. CAGR %	5.49	2.96	10.57	8.81	9.33
Net Property, Plant and Equip., 5 Yr. CAGR %	-1.5	-2.23	-3.21	-7.16	-5.08
Total Assets, 5 Yr. CAGR %	-0.14	-0.7	-1.43	-4.25	-1.81
Tangible Book Value, 5 Yr. CAGR %	-4.65	-9.27	-10.18	-24.14	-5.55
Common Equity, 5 Yr. CAGR %	-3.18	-7.88	-10.2	-23.83	-6.28
Cash From Operations, 5 Yr. CAGR %	-22.95	-1.14	-12.53	4.04	-0.85
Capital Expenditures, 5 Yr. CAGR %	-0.41	-8.87	-33.19	33.79	17.02
Levered Free Cash Flow, 5 Yr. CAGR %	-2.91	1.18	-13.31	40.85	30.98
Unlevered Free Cash Flow, 5 Yr. CAGR %	-3.11	7.03	-47.85	-28.01	25.46