Eastside Distilling, Inc. has been producing high-quality, award-winning craft spirits in Portland, Oregon, since 2008. The Company is distinguished by its highly decorated product lineup that includes Redneck Riviera Whiskey® with companion brands Granny Rich Reserve® and Howdy Dew! ®, Azuñia Tequilas®, Burnside Whiskeys®, Hue-Hue Coffee Rum®, and Portland Potato Vodkas®. All Eastsidespirits are crafted from natural ingredients for quality and taste. Eastside'sCraft Canning + Bottling subsidiary is one of the Northwest's leading independent spirit bottlers and ready-to-drink canners.
Company profile
Ticker
EAST
Exchange
Website
CEO
Paul R. Block
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
Eurocan Holdings Ltd.
SEC CIK
Corporate docs
Subsidiaries
Big Bottom Distillery, LLC • Craft Canning + Bottling, LLC • MotherLode Craft Distillery, LLC • Outlandish, LLC • Redneck Riviera Whiskey Co., LLC ...
IRS number
203937596
EAST stock data
Latest filings (excl ownership)
8-K
Other Events
14 Dec 22
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
1 Dec 22
10-Q
2022 Q3
Quarterly report
14 Nov 22
8-K
Eastside Distilling Reports Third Quarter 2022 Financial Results
14 Nov 22
8-K
Termination of a Material Definitive Agreement
13 Oct 22
8-K
Eastside Distilling Reports Second Quarter 2022 Financial Results
11 Aug 22
10-Q
2022 Q2
Quarterly report
11 Aug 22
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
9 Aug 22
8-K
Submission of Matters to a Vote of Security Holders
24 Jun 22
8-K
Termination of a Material Definitive Agreement
13 Jun 22
Transcripts
EAST
Earnings call transcript
2022 Q2
12 Aug 22
EAST
Earnings call transcript
2022 Q1
17 May 22
EAST
Earnings call transcript
2021 Q4
31 Mar 22
EAST
Earnings call transcript
2021 Q3
16 Nov 21
EAST
Earnings call transcript
2021 Q2
13 Aug 21
EAST
Earnings call transcript
2021 Q1
14 May 21
EAST
Earnings call transcript
2020 Q4
1 Apr 21
EAST
Earnings call transcript
2020 Q3
13 Nov 20
EAST
Earnings call transcript
2020 Q2
14 Aug 20
EAST
Earnings call transcript
2020 Q1
14 May 20
Latest ownership filings
4
Patrick J. Kilkenny
29 Dec 22
3
Patrick J. Kilkenny
29 Dec 22
SC 13D
KILKENNY STEPHANIE
20 Dec 22
4
Joseph D Giansante
2 Nov 22
4
ROBERT GRAMMEN
31 Oct 22
4
STEPHANIE KILKENNY
31 Oct 22
4
ERIC J. FINNSSON
28 Oct 22
4
ELIZABETH ANN LEVY-NAVARRO
27 Oct 22
4
ERIC J. FINNSSON
23 Aug 22
4
ROBERT GRAMMEN
5 Jul 22
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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| Revenue | |||||
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 432.00 k | 432.00 k | 432.00 k | 432.00 k | 432.00 k | 432.00 k |
| Cash burn (monthly) | 197.00 k | 194.83 k | 911.00 k | 731.00 k | 40.00 k | 262.08 k |
| Cash used (since last report) | 769.99 k | 761.52 k | 3.56 mm | 2.86 mm | 156.34 k | 1.02 mm |
| Cash remaining | -337.99 k | -329.52 k | -3.13 mm | -2.43 mm | 275.66 k | -592.37 k |
| Runway (months of cash) | -1.7 | -1.7 | -3.4 | -3.3 | 6.9 | -2.3 |
Institutional ownership, Q3 2022
30.1% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 21 |
| Opened positions | 5 |
| Closed positions | 2 |
| Increased positions | 5 |
| Reduced positions | 4 |
| 13F shares | Current |
|---|---|
| Total value | 4.62 mm |
| Total shares | 4.65 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Kilkenny Stephanie | 3.06 mm | $3.15 mm |
| Bigger Capital Fund L P | 681.82 k | $1.22 mm |
| ARS Investment Partners | 187.05 k | $52.00 k |
| Vanguard | 146.72 k | $41.00 k |
| Renaissance Technologies | 111.57 k | $31.00 k |
| Virtu Financial | 104.55 k | $29.00 k |
| Geode Capital Management | 92.74 k | $25.00 k |
| Bard Associates | 76.78 k | $21.00 k |
| Citadel Advisors | 43.64 k | $12.00 k |
| NTRS Northern Trust | 22.84 k | $6.00 k |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 6 Oct 22 | Eric J. Finnsson | Common Stock | Grant | Acquire A | No | No | 0 | 24,819 | 0.00 | 86,832 |
| 6 Oct 22 | Kilkenny Stephanie | Common Stock | Grant | Acquire A | No | No | 0 | 10,153 | 0.00 | 26,457 |
| 6 Oct 22 | Robert Grammen | Common Stock | Grant | Acquire A | No | No | 0 | 24,819 | 0.00 | 223,735 |
| 6 Oct 22 | Joseph D Giansante | Common Stock | Grant | Acquire A | No | No | 0 | 10,153 | 0.00 | 26,979 |
| 22 Aug 22 | Eric J. Finnsson | Common Stock | Sell | Dispose S | No | No | 0.65 | 35,000 | 22.75 k | 62,013 |
| 19 Aug 22 | Eric J. Finnsson | Common Stock | Sell | Dispose S | No | No | 0.62 | 100 | 62.00 | 97,013 |
| 19 Aug 22 | Eric J. Finnsson | Common Stock | Sell | Dispose S | No | No | 0.55 | 35,000 | 19.25 k | 97,113 |
News
Stocks That Hit 52-Week Lows On Wednesday
28 Dec 22
Stocks That Hit 52-Week Lows On Tuesday
27 Dec 22
Stocks That Hit 52-Week Lows On Tuesday
22 Nov 22
Eastside Distilling Q3 EPS $(0.18) Beats $(0.19) Estimate, Sales $3.06M Miss $3.41M Estimate
14 Nov 22
Earnings Scheduled For November 14, 2022
14 Nov 22