LQR House Inc. is a US-listed company in the beverages industry. Its financial year ends in December.
Loading chart…
Third-party market data · may be delayed
~$2.1
Price-to-sales vs peers
Base case. Range ~$2.1–$15. Sales per share times peers' typical price-to-sales; used only when earnings are negative.
No Buy/Hold/Sell rating is issued: only 1 valuation models apply; a rating needs 3.
LQR House Inc. valuation: adjust assumptions and compare models →
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
LQR House has little or no product revenue yet. That puts it 16 of 17 for growth among the beverages companies we cover. Against its peers on growth, profitability, cash generation and balance sheet, it grades E. It passes 0 of our 5 financial-health checks. Our price-to-sales vs peers value is $4.42 a share.
Source: 10-Q filed August 19, 2026 on SEC EDGAR · Financials · Valuation
Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.
Where it lags: gross margin of 6.5% ranks 26 of 26 beverages companies we cover.
Current signal Balance sheet growing far ahead of sales: Total assets grew 876% year over year while revenue fell 50% — the balance sheet is expanding 926 points faster than the business it supports.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Nothing in LQR House Inc.'s latest figures clears our strength thresholds.
Loading chart…
Third-party market data · may be delayed
Company announcements, filed results and changes that matter to shareholders.
We value LQR House Inc. as an operating company, with every model that fits that kind of business. Cost of equity 8.3%: the 10-year Treasury yield (4.9%) plus a beta of 0.74 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. | — | Does not apply: no positive earnings in the latest twelve months |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | — | Does not apply: the model gives no positive value |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | — | Does not apply: return on equity is not positive |
| Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. | ~$2.1 ~$2.3–$15 | Included, half weight |
| Cash-flow model (DCF) Free cash flow after stock pay, grown then faded to 2.5%, discounted at 8.5%. | — | Does not apply: Noncontrolling ownership is material. Its fair value and share of cash flow must be valued separately; a book-value deduction is insufficient. |
| Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. | — | Does not apply: Noncontrolling ownership is material. Its fair value and share of cash flow must be valued separately; a book-value deduction is insufficient. |
| Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. | — | Does not apply: Noncontrolling ownership is material. Its fair value and share of cash flow must be valued separately; a book-value deduction is insufficient. |
| Combined value Weighted average of the models that apply: the primary model (price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | ~$2.1 ~$2.1–$15 | 1 model |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare LQR House Inc. with Beverages in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
| At fiscal year end | 2023 | 2024 | 2025 |
|---|---|---|---|
| Share price | $8820.00 | $4725.00 | $90.00 |
| Market value | $8.2bn | $745m | $655m |
| + Net debt (− = net cash) | −$7m | −$5m | −$6m |
| Enterprise value | $8.2bn | $740m | $649m |
| Multiples | |||
| Price / sales | n/m | n/m | n/m |
| Price / earnings | — | — | — |
| Price / free cash flow | — | — | — |
| EV / EBITDA | — | — | — |
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.
No analyst estimates are published for LQR House Inc.: too few analysts cover it.
| Quarter to | Estimate | Actual | Surprise |
|---|---|---|---|
| Sept 2024 | −$1330.00 | −$2170.00 | −63.2% |
| Jun 2024 | −$1505.00 | −$1540.00 | −2.3% |
| Mar 2024 | −$1225.00 | −$1820.00 | −48.6% |
Adjusted EPS as companies report it, against the average analyst estimate.
| Calendar year | 2024 | 2025 | 2026 to date |
|---|---|---|---|
| Return | |||
| YHC | −46% | −98% | −97% |
| Industry peers (median) | −11% | −36% | −2% |
| S&P 500 | +25% | +18% | +11% |
| Months that ended higher | |||
| YHC | 42% | 33% | 27% |
| S&P 500 | 75% | 75% | 46% |
| Largest fall from a high during the year | |||
| YHC | −85% | −99% | −99% |
| S&P 500 | −8% | −19% | −9% |
Worst fall since August 10, 2023: 100% from August 10, 2023 to September 16, 2026. Getting back needed a 44390144% gain, and the shares have not yet recovered.
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | Revenue (TTM) |
|---|---|
| FY23 Q3 | $880.4K |
| FY23 Q4 | $1.1M |
| FY24 Q1 | $1.5M |
| FY24 Q2 | $1.8M |
| FY24 Q3 | $2.3M |
| FY24 Q4 | $2.5M |
| FY25 Q1 | $2.4M |
| FY25 Q2 | $2.4M |
| FY25 Q3 | $2.1M |
| FY25 Q4 | $1.6M |
| FY26 Q1 | $1.4M |
| FY26 Q2 | $1.2M |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | Revenue growth, TTM YoY |
|---|---|
| FY24 Q1 | 100.6% |
| FY24 Q2 | 116.6% |
| FY24 Q3 | 158.1% |
| FY24 Q4 | 123.2% |
| FY25 Q1 | 68.8% |
| FY25 Q2 | 31.5% |
| FY25 Q3 | -7.4% |
| FY25 Q4 | -37.4% |
| FY26 Q1 | -44.6% |
| FY26 Q2 | -49.6% |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | Operating margin (TTM) |
|---|---|
| FY23 Q3 | -1066.7% |
| FY23 Q4 | -1390.0% |
| FY24 Q1 | -1221.6% |
| FY24 Q2 | -904.5% |
| FY24 Q3 | -641.7% |
| FY24 Q4 | -739.0% |
| FY25 Q1 | -751.7% |
| FY25 Q2 | -767.4% |
| FY25 Q3 | -887.5% |
| FY25 Q4 | -730.3% |
| FY26 Q1 | -878.9% |
| FY26 Q2 | -908.3% |
| Fiscal year | 2022 Dec 2022 | 2023 Dec 2023 | 2024 Dec 2024 | 2025 Dec 2025 | LTM Jun 2026 |
|---|---|---|---|---|---|
| Income | |||||
| Revenue | 1 | 1 | 3 | 2 | 1 |
| Gross profit | −0 | 0 | −0 | 0 | 0 |
| EBITDA | — | — | — | −11 | — |
| Operating income | −2 | −16 | −18 | −11 | −11 |
| Net income | −2 | −16 | −23 | −26 | −19 |
| Diluted EPS | −$326.80 | −$17.01 | −$144.33 | −$3.51 | — |
| Growth (year on year) | |||||
| Revenue | — | +86.4% | +123.2% | −37.4% | −49.6% |
| Margins | |||||
| Gross margin | −33.6% | 18.3% | −12.5% | 10.8% | 6.5% |
| EBITDA margin | — | — | — | −728.5% | — |
| Operating margin | −306.5% | <−999% | −739.0% | −730.3% | −908.3% |
| Net margin | −306.5% | <−999% | −909.6% | <−999% | <−999% |
| Free-cash-flow margin | — | −814.2% | — | <−999% | — |
| Cash flow | |||||
| Cash from operations | −1 | −9 | −7 | −34 | −29 |
| Capital spending | — | 0 | — | 0 | — |
| Free cash flow | — | −9 | — | −34 | — |
| Stock-based pay | — | 1 | 3 | 2 | — |
| Free cash flow after stock pay | — | −10 | — | −36 | — |
| Balance sheet | |||||
| Cash | 0 | 7 | 5 | 6 | 0 |
| Total debt | 0 | 0 | 0 | — | 47 |
| Net debt (negative = net cash) | −0 | −7 | −5 | −6 | 47 |
| Diluted shares | — | — | — | 7m | — |
| Returned to shareholders | |||||
| Buybacks | — | 1 | 1 | — | — |
| Total returned | — | 1 | 1 | — | — |
| Quarter | 2024 Q3 Sept 2024 | 2024 Q4 Dec 2024 | 2025 Q1 Mar 2025 | 2025 Q2 Jun 2025 | 2025 Q3 Sept 2025 | 2025 Q4 Dec 2025 | 2026 Q1 Mar 2026 | 2026 Q2 Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Income | ||||||||
| Revenue | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross profit | −0 | −0 | 0 | 0 | 0 | 0 | −0 | 0 |
| EBITDA | — | — | — | — | — | — | −3 | −1 |
| Operating income | −4 | −10 | −2 | −2 | −4 | −3 | −3 | −1 |
| Net income | −3 | −15 | −2 | −2 | −17 | −4 | −1 | 3 |
| Diluted EPS | −$728.00 | −$29.49 | −$3.85 | −$110.18 | −$150.00 | $1.09 | −$4.00 | $12.54 |
| Growth (year on year) | ||||||||
| Revenue | +266.2% | +37.7% | −10.8% | −10.6% | −46.0% | −64.2% | −48.1% | −30.6% |
| Margins | ||||||||
| Gross margin | −9.9% | −2.3% | 7.0% | 17.0% | 0.4% | 17.8% | −10.0% | 13.3% |
| EBITDA margin | — | — | — | — | — | — | <−999% | −351.8% |
| Operating margin | −561.1% | <−999% | −559.0% | −442.1% | <−999% | <−999% | <−999% | −351.8% |
| Net margin | −538.6% | <−999% | −556.6% | −441.8% | <−999% | <−999% | −410.9% | 776.3% |
| Free-cash-flow margin | −162.8% | −364.3% | <−999% | −329.8% | <−999% | <−999% | −651.3% | −449.2% |
| Cash flow | ||||||||
| Cash from operations | −1 | −3 | −7 | −2 | −11 | −14 | −1 | −2 |
| Capital spending | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free cash flow | −1 | −3 | −7 | −2 | −11 | −14 | −1 | −2 |
| Stock-based pay | — | — | 1 | 0 | 0 | 2 | — | — |
| Free cash flow after stock pay | — | — | −7 | −2 | −11 | −16 | — | — |
| Last 12 months unless stated | YHC | IBG | EPSM | AGCC | WNW | IPST | Median |
|---|---|---|---|---|---|---|---|
| Revenue, last 12 months | $1m | $3m | $5m | $6m | $7m | $10m | $723m |
| Revenue growth, last 12 months | −49.6% | −5.1% | −59.1% | 144.6% | >999% | 39.7% | 6.6% |
| Revenue growth, latest quarter | −30.6% | — | — | — | — | −44.3% | 6.4% |
| Gross margin | 6.5% | 44.2% | 14.7% | 30.4% | 10.1% | 65.4% | 42.6% |
| Operating margin | −908.3% | −194.2% | −29.2% | 12.6% | −124.1% | <−999% | −0.9% |
| Operating margin, 3-year average | −860.1% | — | — | — | — | −801.6% | 11.9% |
| Net margin | <−999% | −223.4% | −29.3% | 9.8% | −262.5% | <−999% | −1.6% |
| Cash from operations / revenue | <−999% | −56.3% | −46.5% | −120.8% | 127.6% | −164.4% | 9.9% |
| Free-cash-flow margin | — | −56.7% | −46.6% | — | 127.6% | −164.9% | 9.0% |
| Stock pay / revenue | 168.0% | 71.1% | — | — | 11.7% | 35.7% | 1.2% |
| Change in share count | — | 41.7% | 0.0% | 27.3% | 95.8% | — | 0.0% |
| Measure | Company | Peer median | Rank |
|---|---|---|---|
| Revenue growth Growth | -49.6% | 6.9% | 24 of 26 |
| Change in growth rate Growth | -5.0pp | +0.6pp | 22 of 26 |
| Gross margin Profitability | 6.5% | 44.2% | 26 of 26 |
| Operating margin Profitability | -908.3% | -0.7% | 24 of 26 |
| Net margin Profitability | -1589.2% | -1.5% | 24 of 26 |
| Stock pay as % of revenue Cash generation | 168.0% | 1.2% | 22 of 23 |
| Long-term debt as % of assets Balance sheet | 28.5% | 12.9% | 12 of 18 |
Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Products | $1.5M | 92.8% | ▼ 39.1% |
| CWS Platform (part of Products) | $1.3M | 86.2% | ▼ 46.6% |
| SWOL Product Sales (part of Products) | $200,640 | 13.8% | ▲ 396.1% |
| Services | $112,640 | 7.2% | ▼ 4.5% |
| Marketing (part of Services) | $64,992 | 57.7% | ▼ 11.5% |
| Vault (part of Services) | $47,648 | 42.3% | ▲ 7.1% |
From LQR House Inc.'s 10-K filed April 15, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Lu Yilin President | December 17, 2025 | Buy | 2,000,000 | $0.90 | $1.8M |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| Financial statements | SEC 10-K and 10-Q filings | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
New research on the companies we cover arrives in the weekly email. Free, one email a week.
