Fresh Vine Wine (VINE)

Company Profile

Fresh Vine Wines are a unique collection of bold, crisp, and creamy wines that embody deeper connection with active lifestyles. Produced and bottled in Napa, California, the Fresh Vine Wine collection features a California Cabernet Sauvignon, Pinot Noir, Chardonnay, California Rosé Wine, and a Limited Reserve Napa Cabernet.

Company profile

Ticker

VINE

Exchange

NYSEAMERICAN

Website

www.freshvinewine.com

Incorporated

Texas

Location

Minnesota

Fiscal year end

Dec 31

Sector

Manufacturing > Wineries

Industry (SIC)

Beverages

Coca-Cola • PepsiCo • Keurig Dr Pepper • Constellation Brands • Brown-Forman • Duckhorn Portfolio Inc • Westrock Coffee • Vintage Wine Estates • Crimson Wine • Vita Coco Company Inc ...

Former names

FRESH GRAPES, LLC

SEC CIK

0001880343

Corporate docs

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

IRS number

834709895

VINE stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

8-K

Unregistered Sales of Equity Securities

22 May 23

Notice of late quarterly filing

16 May 23

8-K

Departure of Directors or Certain Officers

5 May 23

8-K

Fresh Vine Wine Announces New Chief Executive Officer to Drive Growth

27 Apr 23

8-K

Departure of Directors or Certain Officers

24 Apr 23

EFFECT

Notice of effectiveness

18 Apr 23

POS AM

Prospectus update (post-effective amendment)

Departure of Directors or Certain Officers

22 Mar 23

Latest ownership filings

View all

Change in insider ownership

10 May 23

Change in insider ownership

Change in insider ownership

21 Apr 23

Damian Novak

19 Apr 23

Financial summary

Financial statements Chart VINE financial data

Quarter (USD)	Mar 23	Dec 22	Sep 22	Jun 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21
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)	2.60 mm	2.60 mm	2.60 mm	2.60 mm	2.60 mm	2.60 mm
Cash burn (monthly)	(no burn)	712.22 k	670.68 k	1.08 mm	697.27 k	923.09 k
Cash used (since last report)	n/a	1.55 mm	1.46 mm	2.35 mm	1.52 mm	2.01 mm
Cash remaining	n/a	1.05 mm	1.14 mm	249.60 k	1.08 mm	590.86 k
Runway (months of cash)	n/a	1.5	1.7	0.2	1.6	0.6

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

VINE institutional ownership history Ownership history

0.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	10	10	–
Opened positions	2	2	–
Closed positions	2	1	+100.0%
Increased positions	3	4	-25.0%
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	72.96 mm	27.24 mm	+167.8%
Total shares	81.94 k	5.39 mm	-98.5%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Bridgeway Capital Management	25.00 k	$24.47 mm	0.0%
Vanguard	15.45 k	$15.13 mm	0.0%
BLK Blackrock	13.44 k	$13.16 mm	+6.4%
PNC PNC Financial Services	9.00 k	$8.81 mm	0.0%
UBS UBS Group AG - Registered Shares	8.19 k	$8.03 mm	NEW
Tower Research Capital	6.99 k	$7.00 k	+66.0%
Advisor	3.50 k	$3.00 mm	+40.0%
PSI Advisors	330.00	$323.00 k	0.0%
WFC Wells Fargo & Co.	23.00	$23.00 k	0.0%
BAC Bank Of America	6.00	$6.00 k	NEW

Largest transactions	Shares	Bought/sold	Change
Nechio & Novak	0.00	-5.32 mm	EXIT
UBS UBS Group AG - Registered Shares	8.19 k	+8.19 k	NEW
Tower Research Capital	6.99 k	+2.78 k	+66.0%
Advisor	3.50 k	+1.00 k	+40.0%
BLK Blackrock	13.44 k	+811.00	+6.4%
RY Royal Bank Of Canada	0.00	-75.00	EXIT
BAC Bank Of America	6.00	+6.00	NEW
WFC Wells Fargo & Co.	23.00	0.00	0.0%
Vanguard	15.45 k	0.00	0.0%
PNC PNC Financial Services	9.00 k	0.00	0.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

VINE insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
25 May 23	Hitesh Dheri	Common Stock	Grant	Acquire A	No	No	0	196,463	0.00	196,463
25 May 23	Hitesh Dheri	Stock Options Common Stock	Grant	Acquire A	No	No	1	500,000	500.00 k	500,000
11 May 23	Michelle Hawkins	Common Stock	Grant	Acquire A	Yes	No	0	380,952	0.00	1,000,295
8 May 23	CSS	common	Sell	Dispose S	No	No	0.52	2,000	1.04 k	1,018,093
4 May 23	CSS	common	Sell	Dispose S	No	No	0.53	100	53.00	1,020,093