QUOTE AND NEWS
Motley Fool  Nov 17  Comment 
Why this household beverage company is rolling the dice on its future.
Motley Fool  Nov 11  Comment 
After seven years of double-digit revenue growth, the trend has stopped and is starting to reverse.
Motley Fool  Nov 7  Comment 
The maker of the countertop soda machine has seen better days. Here's how it plans to return to its former glory.
DailyFinance  Nov 6  Comment 
Filed under: Company News, Consumer Goods, Food & Beverage, Investing sodastream.com SodaStream (SODA) is slumping as a platform for making flavored carbonated beverages, so the Israeli company is ready to hose its old image down. With soft...




 
TOP CONTRIBUTORS

SodaStream International (NASDAQ:SODA) makes systems which allow consumers to make carbonated beverage systems. The system transforms tap water into sparkling water using CO2 refill containers and a free-standing soda maker. The systems allow consumers to create cheaper, healthy, and customizable carbonated drinks. The company sells a number of products including the soda maker itself, CO2 refills, assorted flavors and enhancers, and carbonation bottles. According to consumer surveys, SodaStream leads the market in home carbonation systems in the US.[1]

While the market for home-made carbonated drinks is relatively small, the company hopes to expand into "off-premise" beverage consumption. The company considers "off-premise" consumption to be beverages consumed in the home. This is in contrast to drinks consumed at hotels, restaurants, etc. The company estimates this market to be $206B for soft drinks and $27B for sparkling water.[2]

The company's initial public offering of stock on the NASDAQ occurred on November 2, 2010. The company offered 5.4M shares each for $20. This was at the high end of the initial price range of $18-$20. The IPO raised a total of $109M. The company had originally planned to offer 4.7M shares, but decided to increase the size of the deal. The lead underwriters of the deal were J P Morgan Chase (JPM) and Deutsche Bank AG (DB).[3]

The company's revenues have risen each year from 2007 to 2009. The company reported total revenues of $143M in 2009. The company's net income has also risen over the course of the past 3 years. Although it experienced a negative net income in 2007, it has maintained a positive net income in 2008 and 2009. The company's 2009 net income was $9.7M. [4]

References

  1. SODA F-1 2010 Prospectus Summary "SodaStream" pg 1
  2. SODA F-1 2010 Prospectus Summary "Market overview and opportunity" pg 3
  3. Renaissance Capital - IPO Home "SodaStream prices upsized IPO at $20, at the high end of the range" 2 November 2010
  4. SODA F-1 2010 Prospectus Summary "Summary consolidated financial and other data" pg 10
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki