<span item_type="fundamental" item_id="ee2d58d9225e3befca64ec2e4271ec3e" counter_id="ST/US/REBN" env="prod"></span><span item_type="announcement" item_id="640336851026057601" env="prod"></span><p>Revenue: As of FY2025, the actual value is USD 8.095 M.</p><p>EPS: As of FY2025, the actual value is USD -1.73.</p><p>EBIT: As of FY2025, the actual value is USD -4.571 M.</p><p></p><h3>Segmented Financial Metrics (Year Ended December 31, 2025)</h3><h4>Revenue by Segment</h4><ul><li>Reborn Coffee (wholesale and retail) reported revenue of $7,165,638. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li><li>Reborn Logistics (freight forwarding) reported revenue of $928,990. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li><li>Total Net Revenues were $8,094,628. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li></ul><h4>Income (Loss) from Operations by Segment</h4><ul><li>Reborn Coffee experienced a loss from operations of - $6,071,740. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li><li>Reborn Logistics reported income from operations of $273,774. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li><li>Others / Elimination showed income from operations of $4,119. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li><li>Total Loss from Operations was - $5,793,847. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li></ul><h4>Other Income (Expenses) by Segment</h4><ul><li>Reborn Coffee reported other expenses of - $2,659,746. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li><li>Others / Elimination reported other expenses of - $444,219. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li><li>Total Other Expenses, Net were - $3,103,965. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li></ul><h3>Overall Operational Metrics (Year-over-Year Comparison: 2025 vs. 2024)</h3><h4>Net Revenues</h4><ul><li>Total Net Revenues for Reborn Coffee, Inc. increased by $2,165,095 (36.5%) to $8,094,628 in 2025 from $5,928,533 in 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li><li>Stores Revenue increased by $378,814 (6.8%) to $5,952,061 in 2025 from $5,573,247 in 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li><li>Wholesale and Online Revenue decreased by - $241,709 (-68.0%) to $113,577 in 2025 from $355,286 in 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li><li>Service Income increased by $928,990 (100%) to $928,990 in 2025 from $0 in 2024, driven by Reborn Logistics. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li><li>License Income increased by $1,100,000 (100%) to $1,100,000 in 2025 from $0 in 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li></ul><h4>Operating Costs and Expenses</h4><ul><li>Total Operating Costs and Expenses increased by $3,340,396 (31.7%) to $13,888,475 in 2025 from $10,548,079 in 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li><li>Product, Food and Drink Costs - Stores increased by $171,443 (7.8%) to $2,376,017 in 2025 from $2,204,574 in 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li><li>Cost of Service Income - Subcontractors increased by $650,293 (100%) to $650,293 in 2025 from $0 in 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li><li>General and Administrative Expenses increased by $888,865 (13.0%) to $7,751,594 in 2025 from $6,862,729 in 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li><li>Professional Fees increased by $932,675 (134.5%) to $1,626,238 in 2025 from $693,563 in 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li><li>Stock Compensation Expenses increased by $697,120 (88.6%) to $1,484,333 in 2025 from $787,213 in 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li></ul><h4>Loss from Operations</h4><ul><li>Loss from Operations increased by - $1,174,301 (25.4%) to - $5,793,847 in 2025 from - $4,619,546 in 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li></ul><h4>Other Income (Expense)</h4><ul><li>Total Other Expenses, Net increased by - $2,918,363 (1572.4%) to - $3,103,965 in 2025 from - $185,602 in 2024, primarily due to $1.1 million in debt discounts, - $0.7 million in loss on debt extinguishment, and - $1.6 million in asset impairment loss, partially offset by $0.3 million in other income. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li></ul><h4>Loss Before Income Taxes</h4><ul><li>Loss Before Income Taxes increased by - $4,092,664 (85.2%) to - $8,897,812 in 2025 from - $4,805,148 in 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li></ul><h4>Net Loss</h4><ul><li>Net Loss increased by - $4,201,143 (87.4%) to - $9,007,091 in 2025 from - $4,805,948 in 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li></ul><h3>Cash Flow (Year-over-Year Comparison: 2025 vs. 2024)</h3><h4>Net Cash Used in Operating Activities</h4><ul><li>Net cash used in operating activities was - $6,505,426 in 2025, compared to - $3,452,224 in 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li></ul><h4>Net Cash Used in Investing Activities</h4><ul><li>Net cash used in investing activities was - $2,976,195 in 2025, primarily from $2.0 million in loan receivables from a related party and $1.0 million in long-term prepayment. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li><li>In 2024, net cash used in investing activities was - $977,217, primarily for purchases of property and equipment. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li></ul><h4>Net Cash Provided by Financing Activities</h4><ul><li>Net cash provided by financing activities was $11,918,112 in 2025, primarily from proceeds from common stock issuance, gain on debt settlement, and convertible debt issuance. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li><li>In 2024, net cash provided by financing activities was $4,423,355, primarily from proceeds from common stock issuance, offset by loan repayments. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></li></ul><h3>Outlook / Guidance</h3><p>Reborn Coffee, Inc. plans to expand across the United States with up to ten new franchise locations expected in 2026. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span> The company is actively seeking additional equity and/or debt financing, including through an Equity Line of Credit Agreement, to fund operations and growth. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span> However, recurring losses and negative operating cash flow raise substantial doubt about the company’s ability to continue as a going concern, with no assurance that future financing will be secured. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1707910/000121390026046490/ea0285633-10k_reborn.htm"></span></p>

Reborn Coffee | 10-K: FY2025 Revenue: USD 8.095 M