- THE MAGAZINE
- CATEGORY FOCUS
- BEVERAGE R&D
Bebida Beverage Co. (BeBevCo), the Statesville, N.C.-based maker of Koma Unwind and Relax 5 relaxation drinks and shots, announced its financial results for the third quarter of 2013. Reported revenues for the quarter reached $2.2 million, making it the highest grossing quarter in the company’s history. Year-over-year, revenue increased 37.5 percent in the quarter.
"We have had another record-breaking quarter, which provides further validation that our business plan is solid and our growth is steadily moving in the right direction," said Brian Weber, chief executive officer of BeBevCo, in a statement. "As we continue to move forward domestically and internationally, we will continue to share the Relaxation Revolution with distribution partners and the media throughout the world, which will in turn continue the growth for our company and added value for our shareholders."
To read the full quarterly financial report, visit the OTC Markets website.