Soda Jones - ich habs heute mal riskiert und

One of Jones' biggest strengths lies in its interaction and relationship with its customers. Jones enthusiasts can suggest flavors on the company's website that may later be seen on store shelves. They can also order a 12-pack of soda with personalized labels for $34.95 plus shipping and handling through myJones.com. Jones' branding has helped give its customers the feeling of ownership, which has helped drive sales in a competitive market. As Jones CEO Peter van Stolk eloquently told FastCompany magazine earlier this year, "the reality is that consumers don't need our s -- -," but they "get fired up about Jones because it's theirs."

One look at Jones' website and the demographic the beverage company is targeting is evident. While Jessica Simpson, Diddy, and basketball players may be the faces of Coke and Pepsi products, skateboarders, surfers, and indie rockers are the face of Jones. The company continually has two RVs out on the road to promote its products, both in places where it is welcomed, such as the X-games, and some places where it is not so welcome, like an unsolicited stop by a school.

This fits in perfectly with a company's whose products are anything but mainstream. It offers unique drinks for a generation that wants to be on the cutting edge and rebel from cookie cutter pop culture conformity. For Jones drinkers, image is just as important as taste. Bravado alone does not create success, though. The company has also built a solid presence in retail stores, with distribution deals at such hot spots as Starbucks (Nasdaq: SBUX - News) and Panera Bread (Nasdaq: PNRA - News), as well as grocery stores and retailer Target (NYSE: TGT - News). The deal with Target includes an exclusive agreement to sell canned soda, as well as bottled soda and energy drinks. After a disappointing first two quarters to start 2005, which saw bottom-line results hurt by increased selling and promotion expenses, Jones posted two solid quarters to end the year. For Q4, revenue increased 37% year over year and EPS went from breakeven a year ago to 3 cents. Gross margins also steadily improved throughout the year, creeping up each quarter. The first quarter of 2006 saw the company continue to post solid year-over-year revenue growth. However, stock-based compensation pushed EPS to breakeven and gross margins slipped sequentially.

A PIPE (private investment in public equity) deal earlier this month grossed Jones approximately $30 million, while diluting existing shareholders by increasing the share count by about 15%. While the deal could be a bit of an overhang on the stock in the short term, it gives the company more flexibility in helping it achieve the five key initiatives management laid out on its Q1 conference call. These include 1) expanding myJones by tripling capacity to help lower shipping costs and make it more practicable to customers; 2) building up retail partnerships; 3) ramping up off-shore licensing agreements; 4) driving growth in retail channels; and 5) utilizing intellectual property for monetization.

While Jones is not cheap on a forward PE or PEG level, the company has a solid balance sheet and is facing easy year-ago comps for the first two quarters. Expectations, however, are running high and the company will need to deliver; especially after diluting shareholders. The biggest issue facing the company in the near term will be extending its deal with Target, which expires in July.

With its cult-like following and innovative twist on an old product, Jones is a little reminiscent of Ben and Jerry's before it sold itself to Unilever (NYSE: UN - News) for $326 million in 2000. At this point in the game, Jones is a speculative stock to own. However, growth is really starting to pick up, and as more consumers become aware of the company's products, this trend should continue.

At its current valuation, Jones looks a bit pricey, and interested investors would be well advised just to buy a starter position and wait to buy more shares on any hiccups that may develop later this year. Its returns may not be able to keep up with the Hansens of the world, but investors could be well served to keep up with the Jones.

Target and Starbucks are Bull Market Report Recommended List Stocks.

Geoffrey Seiler is the Director of Content at Indie Research, publishers of BullMarket.com, Findprofit.com, InsiderScore.com, and NextInning.com. He does not have any long or short positions in any company mentioned. Indie Research has a disclosure policy.

____________________________________

 

Stefan64

  

schreib ich beim nächstnemal auch den Namen richtig rum, natürlich heißt die Firma

          JONES SODA

Stefan64

biz.yahoo.com/bw/060719/20060719005356.html?.v=1

jetzt bin ich nett im Plus, hoffentlich gehts so noch etwas weiter

freudige Grüße
Stefan64

auf rund 10 USD bin ich jetzt 20% im Plus und morgen gibt es nachbörslich die Zahlen fürs III. Quartal - mal sehen, im abgelaufenen Quartal gab es mehrere weitere Vertriebsvereinbarung, die aber eigentlich noch keine Zeit hatten sich auf die Zahlen auszuwirken, daher bin ich besonders auf den Ausblick gespannt
Lt Yahoo Finance gibt es drei Analysten mit folgenden Schätzungen für das Quartal Umsatz 10,76 Mio USD, EPS 3 cent/Aktie -Daumen drücken, Daumen drücken....

Stefan64

For the nine months ended September 30, 2006 revenues increased 17.1% to $28,987,200 compared to $24,759,677. Net income for the nine months ended September 30, 2006 was $2,511,111 or $0.10 per diluted share, versus net income of $702,781 or $0.03 per diluted share. The year to date net income for 2006 includes a one-time non-cash income tax benefit of $1,482,934 recorded in the second quarter, related to the reversal of a significant portion of our valuation allowance for net deferred tax assets. Prior to the 2006 second quarter, we maintained a valuation allowance for our deferred tax assets (in accordance with SFAS No. 109, "Accounting for Income taxes") due to the uncertainty regarding the full utilization of our deferred net tax asset.

We implemented Financial Accounting Standard No. 123 (revised 2004), "Share-Based payments" (FAS 123R), in the first quarter of 2006. As a result, third quarter earnings include $187,100 of stock-related expense, compared to no such expense for the third quarter of 2005. Excluding the impact of the stock related compensation, earnings in the third quarter of 2006 were $0.01 per diluted share, compared to $0.04 per diluted share for the third quarter of 2005.

Gross margin for the third quarter increased 70 basis points to 35.5% versus 34.8% in the third quarter of the prior year. Operating expenses as a percentage of sales were 36.9% during the quarter compared to 28.4% for the corresponding period a year ago.

Management believes that the presentation of non-GAAP financial measures provides useful information to investors regarding the Company's income from operations and comparisons to prior years' results.

Peter van Stolk, President and C.E.O stated, "We are pleased with our top line performance for the third quarter which was driven by ongoing strength in our DTR channels of distribution, coupled with revenue growth in our DSD business. We also experienced meaningful gross margin improvement as we continued to benefit from cost efficiencies. However, our earnings were impacted by our strategic decision to focus on the launch of our cans which is slated for the first quarter of 2007. The additional investments in this new operating platform is critical prior to the launch to ensure our future growth plans are achieved."

Mr. van Stolk continued, "During the third quarter we announced a 5-year distribution and manufacturing agreement with National Beverage Corporation for 12-ounce cans of Jones Soda and 16-ounce cans of Jones Energy for the U.S. market beginning in 2007. After a successful 2-year licensing agreement with Target for Jones Soda cans, we now believe it is in the best interests of our company to expand our presence in the $66 billion CSD category. In an effort to maximize our opportunities with our large network of beverage retailers across the country and best prepare for the upcoming launch we are hiring additional personnel, making upgrades to our infrastructure, and increasing our sales and marketing expenditures. We believe these investments will well position us to capitalize on the many prospects we believe exist for this business."

Mr. van Stolk concluded, "We are very pleased with our sales and earnings results for the first nine-months of fiscal 2006 and as we look out to next year, we are very excited about the direction our company is headed. Through our core DSD operating segment and DTR relationships with leading retailers such as Starbucks, Panera Bread, and Barnes & Noble, our brand recognition has grown significantly over the past several years. We now look forward to building on our position with our expansion in the CSD market and taking this company to the next level. We remain committed to delivering long-term profitable growth and returning value to our shareholders."

Headquartered in Seattle, Washington, Jones Soda Co. manufactures its Jones Soda, Jones Energy, Jones Organics, Jones Naturals, Jones 24C and Whoopass brands and sells through its distribution network in select markets across North America. A leader in the premium soda category, Jones is known for its innovative labeling technique that incorporates always-changing photos sent in from its consumers. Jones Soda is sold through traditional beverage retailers and everywhere you'd never expect to find a soda.

This press release contains forward-looking statements and projections concerning the Company's plans, strategies, expectations, predictions and financial projections concerning the Company's future activities and results of operations and other future events or conditions, and are "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995. Words such as "expect," "believe," "anticipate," "may," "will," "plan," "intend," "estimate," "could," and other similar expressions are intended to identify these forward-looking statements. In particular, statements in this release regarding our growth and expansion efforts, working capital and cash flow management, future profitability and results of operations are forward looking. Statements in this press release, and elsewhere, that look forward in time or include anything other than historical information involve risks and uncertainties that may affect the Company's actual results of operations. These statements by the Company are subject to certain risks, including, among others, future demand for its products, competition from other businesses providing similar products, the ability to maintain profitability and control expenses and the Company's ability to successfully execute its business strategy. These and other risks and uncertainties are discussed in more detail in the Company's periodic reports filed with the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended, which are available at the SEC website at www.sec.gov.
                           JONES SODA CO.
                CONSOLIDATED STATEMENT OF OPERATIONS
                            (Unaudited)

                       Three Months Ended       Nine Months Ended
                          September 30,           September 30,
--------------------------------------------------
                        2006        2005        2006        2005
--------------------------------------------------

Revenue               $10,200,843 $8,900,692  $28,987,200 $24,759,677

Cost of Goods Sold      6,583,942  5,807,208   18,444,308  16,366,799
--------------------------------------------------

Gross Profit            3,616,901  3,093,484   10,542,892   8,392,878

     Gross Margin           35.5%      34.8%        36.4%       33.9%

Licensing Revenue         274,593    266,967      558,645     600,758

Operating
Expenses(1):
  Promotion and
   Selling             2,688,530  1,765,594    6,814,705   5,938,483
  General & Admin.     1,076,143    761,925    3,279,476   2,379,308
--------------------------------------------------
                       3,764,673  2,527,519   10,094,181   8,317,791
--------------------------------------------------
Earnings before
interest & taxes         126,821    832,932    1,007,356     675,845
  Interest income,
   net                   438,958     13,354      552,305      26,936
--------------------------------------------------
Earnings before
income taxes             565,779    846,286    1,559,661     702,781
Income tax benefit
(expense)
    Current             (141,875)         -     (302,354)          -
    Deferred            (229,130)         -    1,253,804           -
--------------------------------------------------
Earnings for the
period                  $194,774   $846,286   $2,511,111    $702,781
--------------------------------------------------

Earnings per share:
                 Basic      $0.01      $0.04       $0.11       $0.03
               Diluted      $0.01      $0.04       $0.10       $0.03

Weighted average number of common stock:
 Basic                 25,345,494 21,491,906  23,344,126  21,347,209
 Diluted               26,276,553 22,683,354  24,251,625  22,537,821

(1) Includes non-cash
stock based
compensation:
Promotion and selling      $63,970          -    $282,850           -
General and
administrative           $123,130          -    $543,678      $5,745
--------------------------------------------------
                           JONES SODA CO.
                     CONSOLIDATED BALANCE SHEET

                                             Sept. 30,    Dec. 31,
                                                2006         2005
--------------------------------------------------
                                             (unaudited)
ASSETS

Current Assets:
   Cash and cash equivalents                $16,007,552   $1,176,101
   Short-term investments                   $16,397,174            -
   Accounts receivable                        4,389,474    3,699,994
   Inventory                                  5,155,279    4,694,213
   Deferred income tax asset                    406,618            -
   Prepaid expenses                             290,392      146,614
--------------------------------------------------
                                             42,646,489    9,716,922
Deferred income tax asset                        847,186            -
Capital assets                                   863,016      662,942
Intangible assets                                223,161       72,753
--------------------------------------------------
                                            $44,579,852  $10,452,617
--------------------------------------------------

LIABILITIES AND SHAREHOLDERS' EQUITY

Current Liabilities:
   Accounts payable and accrued liabilities  $5,648,685    3,851,335
   Current portion of capital lease
    obligations                                 $87,663      114,110
   Taxes payable                                226,384            -
   Deferred revenue                              14,818       52,318
--------------------------------------------------
                                              5,977,550    4,017,763
                                                                   -
Capital lease obligations, less current
portion                                          28,193       88,219
Shareholders' equity                          38,574,109    6,346,635
--------------------------------------------------
                                            $44,579,852  $10,452,617
--------------------------------------------------
                           JONES SODA CO.
                CONSOLIDATED STATEMENT OF CASH FLOWS

                                             Nine months  Nine months
                                                ended        ended
                                              Sept. 30,   Sept. 30,
                                                 2006        2005
--------------------------------------------------
                                             (unaudited)  (unaudited)
Cash from(used in) operating activities :
Earnings for the period                        $2,511,111    $702,781
Items not involving cash:
   Depreciation and amortization                 185,628     171,599
   Deferred income taxes                      (1,253,804)          -
   Stock based compensation                      826,528       5,745
Change in assets and liabilities
     Accounts receivable                        (689,479)   (678,957)
     Inventory                                  (461,066) (1,380,708)
     Prepaid expenses                           (143,778)    186,906
     Deferred income                             (37,500)    (35,227)
     Taxes payable                               226,384           -
    Accounts payable and accrued liabilities   1,797,350     879,083
--------------------------------------------------
Net cash from (used in) operating activities    2,961,374    (148,778)

Cash used in investing activities:
     Purchases of short-term investments-net (16,397,174)          -
     Purchase of capital assets                 (358,834)   (180,965)
     Purchase of intangible assets              (177,277)    (24,781)
--------------------------------------------------
Net cash used in investing activities         (16,933,285)   (205,746)

Cash from financing activities:
    Net repayment under line of credit                 -    (370,285)
    Net repayment of capital lease
     obligations                                 (86,473)     54,772
    Net proceeds from PIPE                    28,080,142           -
    Proceeds from exercise of options            809,693     639,812
--------------------------------------------------
Net cash from financing activities             28,803,362     324,299
--------------------------------------------------
Net increase(decrease) in cash and cash
equivalents                                   14,831,451     (30,225)
Cash and cash equivalents, beginning of
period                                         1,176,101     333,533
--------------------------------------------------
Cash and cash equivalents, end of period      $16,007,552    $303,308
--------------------------------------------------

The Toronto Venture Exchange has not reviewed and does not accept responsibility for the adequacy of the content of the information herein.


Contact:
Jones Soda Co.
Peter van Stolk, 206-624-3357
pvs@jonessoda.com
or
Integrated Corporate Relations
Chad Jacobs, 203-682-8200
cjacobs@icr-online.com
Source: Jones Soda Co.
__________________________________________________

Meldungen vom Unternehmen, der Analyst Jim Cramer hat am 21.12 eine Gewinnverdopplung prophezeit und Jones mit Hansen verglichen, ansonsten warten "alle" auf die Bekanntgabe weiterer Vertriebsvereinbarungen mit Einzelhandelsketten (z.B.WalMart ???)  - diesen Zwischenstand nur damit ihr mir nachher nicht vorwerft,ich wäre heimlich reich geworden :-)))

www.thestreet.com/_tscs/funds/madmoneywrap/10329306.html

Stefan64

Eröffnung heute kalte Füße gekriegt und bei 12,55 USD erstmal alles verkauft und den Profit mitgenommen, ich werde auf jeden Fall versuchen wieder gut reinzukommen in den nächsten Tagen, wenn mir nicht der Kurs wegen einer Meldung wegläuft

Stefan64