Reborn Coffee, Inc. Common Stock
REBNReborn Coffee, Inc. is a specialty coffee company focused on providing high-quality, ethically sourced coffee products. The company operates coffee cafes and sells retail coffee beverages, emphasizing sustainable and innovative coffee experiences. Reborn Coffee aims to enhance the coffee culture with a focus on community engagement and premium beverage offerings.
Company News
Reborn Coffee highlights premium financing, technology transformation, and global licensing strategy, expecting to return to positive cash flow in Q1 2026 with expanded international presence.
Reborn Coffee Inc. formed a new advisory board, appointing Hisham Elkoustaf as chair to drive innovation and strategic growth globally. Elkoustaf brings extensive legal and international business experience to support the company's expansion.
Reborn Coffee reported strong revenue growth in Q4 2024 and FY 2024, driven by new store openings and marketing efforts. However, the company faced challenges with rising costs and lower gross margins. Reborn was approved as a U.S. franchisor and signed commitments for 33 new locations. The company also expanded internationally and launched new p...
Reborn Coffee Inc. reported strong financial and operational results for Q4 2024, with a 31% increase in revenue to $1.8 million and an 8% increase in full-year 2024 revenue to $5.9 million. The company was approved as a U.S. franchisor and signed commitments for 33 new locations, while also expanding internationally and launching new products.
Reborn Coffee has acquired a 58% stake in South Korea's Bbang Ssaem Bakery, a leading bakery chain with 31 locations. This strategic acquisition aims to expand Reborn Coffee's offerings and establish a strong presence in the bakery sector, leveraging Bbang Ssaem's expertise and Reborn Coffee's specialty coffee expertise.
