Winc, Inc. engages in sourcing, bottling, labeling, and distributing wine under its own winery license in the United States and internationally. It operates through DTC and Wholesale segments. The company offers wines and non-alcoholic wines under the Summer Water, Wonderful Wine Company, Lost Poet, Folly of the Beast, Chop Shop, and Cherries and Rainbows brand names; and ready to drink cocktails, and spirits and beers. It sells its products through direct-to-consumer model, wholesale distribution channels, retailers, and restaurants, as well as online. The company was formerly known as Club W, Inc. and changed its name to Winc, Inc. in September 2016. Winc, Inc. was incorporated in 2011 and is based in Santa Monica, California. On November 30, 2022, Winc, Inc., along with its affiliate, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.

Winc, Inc.

Winc is a wine club that offers personalized wine selections based on customer preferences through a quiz, facilitating the delivery of wines directly to consumers' doors. Self-described as the internet's number one wine club membership.

Winc

Food and Beverage Retail

Full Glass Wine Co.

Winc | 12,846 followers on LinkedIn. Winc is a modern winery with a direct connection to the consumer, building a portfolio of brands for the next generation of wine drinkers. After launching in 2011 with the goal of making discovering great wine easy, Winc continues to disrupt the $220BN wine industry. Driven by the vision of a great bottle on every table and a great story in every bottle, Winc seeks to create more custom experiences for its members and bring ease and exploration to the process of buying and enjoying wine.

	Sep '20	Dec '20	Sep '21	Dec '21	Mar '22	Jun '22	Sep '22
revenue	17.85M -	17.69M 0.87%	18.46M 4.32%	18.50M 0.21%	18.46M 0.21%	17.64M 4.42%	15.81M 10.41%
cost of revenue	10.30M -	9.83M 4.61%	10.65M 8.41%	14.30M 34.23%	11.01M 22.97%	9.97M 9.52%	10.04M 0.71%
gross profit	7.55M -	7.87M 4.24%	7.80M 0.79%	4.20M 46.22%	7.44M 77.34%	7.68M 3.13%	5.77M 24.84%
selling and marketing expenses	4.82M -	5.62M 16.42%	3.70M 34.12%	5.84M 57.78%	2.64M 54.71%	3.12M 17.81%	2.42M 22.41%
general and administrative expenses	3.85M -	4.52M 17.58%	10.18M 125.21%	4.66M 54.25%	9.19M 97.27%	8.67M 5.70%	7.59M 12.45%
selling general and administrative expenses	8.67M -	10.14M 16.93%	13.88M 36.95%	10.50M 24.39%	11.84M 12.75%	11.78M 0.45%	10.01M 15.08%
research and development expenses	19K -	10K 47.37%	131K 1,210%	-160K 222.14%	80K 150%	29K 63.75%	14K 51.72%
other expenses				3.27M -		3.85M -	3.35M 12.86%
cost and expenses	18.99M -	19.98M 5.18%	24.67M 23.49%	28.06M 13.77%	22.93M 18.30%	21.78M 5.02%	20.06M 7.90%
operating expenses	8.69M -	10.15M 16.79%	14.02M 38.11%	13.77M 1.78%	11.91M 13.44%	11.81M 0.87%	10.02M 15.17%
interest expense	145K -	158K 8.97%	127K 19.62%	106K 16.54%	23K 78.30%	123K 434.78%	244K 98.37%
ebitda	-1.04M -	-1.60M 53.88%	-5.38M 235.14%	-4.95M 7.92%	-3.93M 20.61%	-3.58M 9.05%	-3.65M 2.04%
operating income	-1.14M -	-2.28M 99.65%	-6.21M 172.17%	-5.44M 12.40%	-4.20M 22.77%	-3.86M 8.23%	-3.93M 1.84%
depreciation and amortization	127K -	114K 10.24%	226K 98.25%	488K 115.93%	270K 44.67%	280K 3.70%	278K 0.71%
total other income expenses net	-172K -	405K 335.47%	479K 18.27%	-106K 122.13%	-23K 78.30%	-123K 434.78%	-244K 98.37%
income before tax	-1.31M -	-1.88M 42.74%	-5.73M 205.38%	-5.55M 3.23%	-4.22M 23.83%	-3.98M 5.82%	-4.17M 4.83%
income tax expense	9K -	12K 33.33%	1K 91.67%	33K 3,200%	16K 51.52%	4K 75%	4K 0%
net income	-1.32M -	-1.89M 42.67%	-5.73M 203.49%	-5.58M 2.67%	-4.24M 24.00%	-3.98M 6.08%	-4.17M 4.82%
weighted average shs out	9.73M -	9.73M 0%	12.99M 33.53%	7.69M 40.82%	13.21M 71.93%	12.48M 5.55%	12.62M 1.07%
weighted average shs out dil	9.73M -	9.73M 0%	12.99M 33.53%	7.69M 40.82%	13.21M 71.93%	12.48M 5.55%	12.62M 1.07%
eps	-0.14 -	-0.19 35.71%	-0.44 131.58%	-0.73 65.91%	-0.32 56.16%	-0.32 0%	-0.33 3.13%
epsdiluted	-0.14 -	-0.19 35.71%	-0.44 131.58%	-0.73 65.91%	-0.32 56.16%	-0.32 0%	-0.33 3.13%

COM:WINC

Winc

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