Yerbae Brands Corp - YERBF stock
Introduction[edit]
About[edit]
Yerbaé Brands Corp. is a company that produces flavored sparkling water using yerba mate and white tea extract. Their product range consists of Yerbaé beverages, which are available in various flavors. The Yerbaé lineup includes zero-calorie options such as pineapple, coconut, strawberry kiwi, pomegranate berry, acai blueberry, and lemon. They also offer 10-calorie options like mango passion fruit, orange vanilla dream, coconut raspberry, and watermelon strawberry. Founded in 2017, Yerbaé Brands Corp. is headquartered in Scottsdale, Arizona. Their beverages combine the refreshing qualities of sparkling water with the unique flavors derived from yerba mate and white tea extract.[1]
Mission[edit]
Yerbaé's mission is to support individuals in building healthier lives by offering clean and functional products. Founded in 2017 by Todd and Karrie Gibson, Yerbaé discovered the benefits of yerba mate, a natural source of caffeine from South America. They infused it into sparkling water and flavored it with natural ingredients to create a refreshing beverage that provides a boost of energy. Yerbaé is recognized as a pioneer in the beverage industry, providing a smooth release of plant-based energy that helps people eliminate sugar, calories, and synthetic ingredients from their diets. Their products are suitable for various dietary preferences, as they are non-GMO, vegan, kosher, paleo-friendly, and gluten-free. The Yerbaé team is dedicated to delivering an uplifting experience and hopes that consumers will enjoy the high-quality and functional benefits of their products.[2]
OTC Markets Listing[edit]
Yerbaé Brands Corp. (listed as TSX-V: YERB.U; OTCQX: YERBF), a company specializing in plant-based energy beverages, has successfully met the requirements to trade on the OTCQX® Best Market. In addition, the company has received Depository Trust Company (DTC) eligibility. Yerbaé Brands Corp. will begin trading today on the OTCQX under the symbol "YERBF". This qualification also grants Yerbaé the status of DTC eligibility, which allows for electronic clearing and settlement of its shares in the United States. This achievement simplifies the trading process for brokers and institutional investors, leading to faster and more efficient transactions. Moreover, it expands the company's visibility and accessibility within the investment community.
Distribution[edit]
Distribution agreements include Grey Eagle Distributors in Missouri[3] and CL Vending in Northwest Indiana and Illinois.[4]
Financial Performance[edit]
Summary[edit]
Financial results for Yerbae:[5]
| Year Ending | Total Revenue | Net Income | Cash Balance |
|---|---|---|---|
| 12/31/2022 | $7,811,000 | ($9,100,000) | $856,000 |
| 12/31/2021 | $6,839,000 | ($3,801,000) | $347,000 |
| 13/31/2020 | $5,867,000 | ($1,545,000) | $239,000 |
| OTC Tier: OTCQX International | Related ticker symbols: TSXV: YERB
- ↑ Yahoo Finance. YERBF Stock Profile. Retrieved 7/2/2023.
- ↑ yerbae.com. Our Brand. Retrieved on 7/2/2023.
- ↑ businesswire. Yerbaé Partners with Grey Eagle Distributors to Expand Distribution into the State of Missouri. November 30, 2023.
- ↑ businesswire. Yerbaé Announces Authorization of Full distribution with CL Vending. November 17, 2023.
- ↑ OYC Markets. YERBF Financials. Retrieved on 11/30/2023.
