Splash Beverage Group (OTCQB: SBEV), a portfolio company of successful beverage brands, has diversified into alcoholic and non-alcoholic drink segments through acquisitions, a move that has seen it report significant sales revenue growth. “The measured growth initiatives are showing up in the financials, with sales starting in Q1 2020 at $112,003 and rising to $612,308 in Q2, then $1.01 million in Q3 and $1.24 million in Q4 for $2.98 million for 2020,” reads an article detailing the tremendous growth. The company’s management is credited for being behind this upward movement in revenue. “Splash also made a few key leadership moves in 2020. Bill Meissner joined the team as chief marketing officer and sales president… Additionally, Peter McDonough came on as an independent board member… This type of leadership, along with the rest of the seasoned management at Splash, has helped to raise capital for expansion to the tune of $9.0 million through February 2021.”
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About Splash Beverage Group Inc.
Splash Beverage Group specializes in the manufacturing, distribution, sales and marketing of various beverages across multiple channels. SBEV operates in both the non-alcoholic and alcoholic beverage segments, which the company believes leverages efficiencies and dilutes risk. SBEV believes its business model is unique as it ONLY develops/accelerates brands it perceives to have highly visible preexisting brand awareness or pure category innovation. For more information about the company, visit www.SplashBeverageGroup.com.
NOTE TO INVESTORS: The latest news and updates relating to SBEV are available in the company’s newsroom at https://ibn.fm/SBEV
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