Reborn Coffee Provides Fourth Quarter and Full Year 2024 Corporate Update and Financial Results
Reborn Coffee, Inc. (REBN)
Company Research
Source: GlobeNewswire
FY 2024 Annual Revenue Growth to $5.9 Million and Strong 31% Increase in Q4 Revenue to $1.8 Million Approved as U.S. Franchisor and Signed Commitments for 33 New Locations Through a Combination of Area Development and Franchise Agreements BREA, Calif., March 31, 2025 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), a leader in the specialty coffee market, has reported its financial and operational results for the fourth quarter and year ended December 31, 2024. Key Financial and Operational Highlights Q4’24 revenue improved 31% to $1.8 million, compared to $1.4 million in Q4’23.Despite higher food costs, in the full year 2024 revenue improved 8% to $5.9 million as compared to $5.5 million the same period revenue in 2023.Company-operated store gross margins for the year ended December 31, 2024, decreased to 63% compared to 66% for the same period in 2023.Ended Q4'24 with 11 open locations, with 1 location in development, reinforcing our national growth strategy.Full Year 2
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News
- Reborn Coffee Issues Shareholder Update Highlighting Premium Financing, Strengthened Equity Position, Technology Transformation, Global Licensing Momentum, and Expected Return to Sustainable Positive Cash Flow in the First QuarterGlobeNewswire
- Reborn Coffee (NASDAQ:REBN) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Reborn Coffee Announces the Formation of an Advisory Board and Appointment of Hisham Elkoustaf as ChairGlobeNewswire
REBN
Sec Filings
- 12/5/25 - Form 8-K
- 11/25/25 - Form 8-K
- 11/20/25 - Form 8-K
- REBN's page on the SEC website