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Grokking Craft Brew Alliance’s financials

Over the past 12 months, Craft Brew Alliance burned $2.1 million cash while it booked net income of $0.1 million. That means it burned through all its revenue and more. That doesn’t sound so great. FCF is less than net income. Ideally, we’d like to see the opposite.

The company will report Q2 earnings next month.

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