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Beverages Brewers

Mendocino Brewing Company, Inc., located in Ukiah, California, is a public company that has been engaged in the brewing, packaging, and sale of craft beer since 1983. The company's stock trades on the over-the-counter (OTC) market under the ticker symbol "MENB."

Historically, Mendocino Brewing has experienced fluctuations in its financial performance. Revenue and net income have varied significantly over the years. However, in recent years, the company has reported declining revenues and net losses.

According to its financial statements for the year ending December 31, 2020, Mendocino Brewing's revenue was approximately $1.8 million, down from around $2.4 million in 2019. In 2020, the company reported a net loss of approximately $573 thousand, compared to a net loss of $488 thousand in 2019. In the past, the company has faced several financial challenges including debt restructuring, legal issues, and intense competition in the craft beer market.

Earnings per share (EPS) for Mendocino Brewing have fluctuated over the years, reflecting the company's varying financial performance. Since 2018, the company has reported negative EPS figures due to recurring losses. In 2020, the company's EPS stood at -$(0.03) per share.

The company has been focusing on restructuring and streamlining its operations in an attempt to turn its financial situation around. Although the craft beer market has been experiencing growth in recent years, rising competition and changing consumer preferences pose ongoing challenges to smaller breweries like Mendocino Brewing.

It's important to note that the information presented here is a snapshot of the company's financial performance up to December 31, 2020. To get the most recent and detailed information about Mendocino Brewing Co Inc., it's recommended that you review the company's financial reports or consult with a financial advisor.