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NewAge, Inc. (NBEV)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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2.0800-0.1200 (-5.45%)
At close: 4:00PM EDT
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Trade prices are not sourced from all markets
Previous Close2.2000
Open2.2100
Bid0.0000 x 3100
Ask0.0000 x 3000
Day's Range2.0600 - 2.2189
52 Week Range1.2300 - 4.5500
Volume1,792,368
Avg. Volume2,780,044
Market Cap297.852M
Beta (5Y Monthly)1.43
PE Ratio (TTM)N/A
EPS (TTM)-0.4080
Earnings DateMay 10, 2021 - May 14, 2021
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est5.00
  • NewAge’s Lucim™ Skin Care Brand Recognized by Good Face Project for Exceptional Quality and Safety
    GlobeNewswire

    NewAge’s Lucim™ Skin Care Brand Recognized by Good Face Project for Exceptional Quality and Safety

    Good Face Project Approved The Good Face Project (GFP) is one of the most trusted resource worldwide for fact-checking toxic and unsafe ingredients in skincare, makeup, hair, baby products and more. Lucim™ branded skincare NewAge’s Lucim™ branded skincare was launched in Q4 of 2020 and is now already sold in more than 10 countries worldwide. DENVER, April 16, 2021 (GLOBE NEWSWIRE) -- NewAge, Inc., the Colorado-based organic and healthy products company intending to become the world’s leading social selling and distribution company, today announced that their new Lucim™ skin care line, has been recognized by the Good Face Project for exceptional quality and safety. The Good Face Project (GFP) is one of the most trusted resource worldwide for fact-checking toxic and unsafe ingredients in skincare, makeup, hair, baby products and more. Good face employs the latest science combined with artificial intelligence to analyze product formulations using the most up-to-date publicly available scientific research to provide consumers with an independently validated and fact-based safety guide. All products that receive GFP’s Seal of Approval are thoroughly vettedAnalyze over 100,000 ingredientsUtilize over 21,000 scientific research sourcesEach ingredient is tagged for 15 dimensions of safety and efficacy The FDA does not currently require approval from skin care and cosmetics. When they do pass through the FDA, only 11 toxic ingredients are banned, leaving thousands of potentially harmful ingredients available for brands to use. More than 1,500 toxic chemicals are currently banned from cosmetics in the European Union and Canada but are still present in the majority of personal care products used today in the United States and other markets. Clean formulas and non-toxic ingredients are one of the major trends in skin-care, recognized by leading private equity company Carlyle, who for example recently purchased a majority interest in NewAge competitor, Beauty Counter with similarly positioned clean skincare valued at $1 Billion. The elite certification from Good Face places the entire NewAge Lucim™ branded skincare line in the premium tier of skin care brands worldwide. Few skincare brands meet the Good Face Project criteria, setting the Lucim™ brand apart for its clean, non-toxic, safe and high quality standards that it has achieved. “It’s rare that a full line of skin care products receives the Good Face Project (GFP) Seal of Approval, and we’re pleased to have achieved this level of recognition,” said Deanna Latson, NewAge’s Chief Product Officer. “Savvy consumers are looking for a trusted source for clean beauty without compromising product efficacy. The GFP seal provides transparency between brands and the people who buy them, ensuring our customers know that Lucim™ provides the high-quality and safe results they want with a brand they can trust.” NewAge’s Lucim™ branded skincare was launched in Q4 of 2020 and is now already sold in more than 10 countries worldwide. The brand is experiencing excellent early success with almost $10 million in revenue in just its first 90 days. Just recently, NewAge added Lucim Mineral Sunscreen SPF 30 to its line, tapping into an $8.5 billion dollar sunscreen cream market. This latest addition, along with the Good Face Project recognition and NewAge’s strong social selling base of more than 400,000 brand partners and subscribers, positions NewAge for further significant growth in the attractive sector. To see more about the Good Face Project’s testing results and ratings for Lucim Skin Care products, see thegoodfaceproject.com. About NewAge, Inc.NewAge is a purpose-driven firm intending to become the world’s leading social selling and distribution company. Colorado-based NewAge commercializes a portfolio of organic and healthy products worldwide through primarily a direct route-to-market system. The company competes in three major category platforms including health and wellness, inner and outer beauty, and nutrition and weight control — leading a network of more than 400,000 exclusive independent distributors and brand partners around the world. The company operates the websites newage.com, noninewage.com, ariix.com, mavie.com, thelimucompany.com and zennoa.com. For investor inquiries about NewAge, please contact: NewAge Investor Relations:Riley TimmerVice President, Investor RelationsTel: 1-801-870-8685Riley_Timmer@NewAge.com For media inquiries about NewAge, please contact: NewAge Public Relations:Mindy EardleyPR/Communications ManagerTel: 1-801-573-4818Mindy_Eardley@NewAge.com Photos accompanying this announcement are available at:https://www.globenewswire.com/NewsRoom/AttachmentNg/f669cca5-e654-4fd0-ad94-84e0236b8ef9https://www.globenewswire.com/NewsRoom/AttachmentNg/9ca37c67-aa2d-44b5-a6c5-bc13777f660a

  • NewAge Launches New Ocean Friendly, Safe and Effective Sunscreen to the Lucim™ Skincare Line
    GlobeNewswire

    NewAge Launches New Ocean Friendly, Safe and Effective Sunscreen to the Lucim™ Skincare Line

    Lucim Product Line NewAge’s Lucim™ branded skincare was launched in Q4 of 2020 and is now sold in more than 10 countries worldwide. Lucim Sunscreen New Lucim™ Mineral Sunscreen SPF 30 DENVER, March 18, 2021 (GLOBE NEWSWIRE) -- NewAge, Inc., the Colorado-based organic and healthy products company intending to become the world’s leading social selling and distribution company, today announced the launch of the new Lucim™ Mineral Sunscreen SPF 30. Formulated without the use of chemical UV filters, fragrances, parabens, phthalates and nanoparticles, NewAge’s sunscreen is kid safe, reef safe, non-toxic, and one of the most advanced sunscreens available worldwide. NewAge’s Lucim™ branded skincare was launched in Q4 of 2020 and is now sold in more than 10 countries worldwide. The brand has met with excellent early success with almost $10 million in revenue in just its first 90 days in its initial markets. The NewAge Innovation and Marketing teams envisioned a significant gap in the $183 billion global skincare market for clean, non-toxic, science-backed skincare offerings, resulting in the creation of Lucim. The global sunscreen cream market size is estimated at about $8.5 billion, and NewAge intends to earn its share of the market, leveraging the social selling influence of its more than 400,000 brand partners and subscribers around the world. Lucim™ Mineral Sunscreen SPF 30 features a blend of skin-nourishing minerals, plus grape, avocado, macadamia and sesame seed oils, in a non-greasy formula containing only all-natural ingredients that never leave behind a white residue. Lucim™ Mineral Sunscreen SPF 30 works well with all skin tones and is pH neutral and fragrance free, making it suitable and safe for the most sensitive skin. Lucim™ Mineral Sunscreen SPF 30 is also reef safe and kid safe, unlike most sunscreens available today. Many over-the-counter sunscreen formulas can cause irreparable damage to our world’s oceans, including coral reefs that thrive under the water’s surface. According to National Geographic, an estimated 14,000 metric tons (28 million pounds) of sunscreen is released into the world's oceans every year. The addition of the Lucim™ Mineral Sunscreen SPF 30 fulfills a void in the market for which NewAge brand partners were searching to fill. The new sunscreen protects the skin against UVA and UVB rays' harmful effects while helping to prevent visible signs of sun damage. Lucim Mineral Sunscreen SPF 30 was launched this week in the Greater China market and will be expanding to Japan, Australia and Europe in the coming months. "Protecting your skin from the sun should be your first line of defense for preventing skin damage, including signs of aging, hyperpigmentation, and skin cancer,” says NewAge Chief Product Officer Deanna Latson. “But consider that while you are trying to protect your skin, you may be hurting your body with chemicals found in many sunscreens. Lucim™ Mineral Sunscreen SPF 30 provides uncompromising, solid protection without any harsh chemicals, and without doing damage to the environment.”For more information, visit ariix.com/lucim. About NewAge, Inc.NewAge is a purpose-driven firm intending to become the world’s leading social selling and distribution company. Colorado-based NewAge commercializes a portfolio of organic and healthy products worldwide through primarily a direct route-to-market system. The company competes in three major category platforms including health & wellness, inner & outer beauty, and nutrition performance & weight management — leading a network of more than 400,000 exclusive independent distributors and brand partners around the world. The Company operates the websites newage.com, noninewage.com, ariix.com, mavie.com, thelimucompany.com and zennoa.com. For investor inquiries about NewAge please contact: NewAge Investor Relations:Riley TimmerVice President, Investor RelationsTel: 1-801-870-8685Riley_Timmer@NewAge.com Investor Relations Counsel:Reed AndersonICR – Strategic Communications and AdvisoryTel: 1-646-277-1260newage@icrinc.com For media inquiries about NewAge please contact: NewAge Public Relations:Mindy EardleyPR/Communications ManagerTel: 1-801-573-4818Mindy_Eardley@NewAge.com Photos accompanying this announcement are available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/f269fce4-0a9e-451f-ad67-6445beb29eec https://www.globenewswire.com/NewsRoom/AttachmentNg/45481f07-4ce6-4bb3-b459-68099375a819

  • New Age Beverages Corporation (NBEV) Q4 2020 Earnings Call Transcript
    Motley Fool

    New Age Beverages Corporation (NBEV) Q4 2020 Earnings Call Transcript

    NBEV earnings call for the period ending December 31, 2020.