|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.6675 - 0.7000|
|52 Week Range||0.4490 - 2.7800|
|Beta (3Y Monthly)||0.35|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 7, 2017 - Apr 10, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.50|
SAN DIEGO, CA, Feb. 14, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Generation Next (VEND) announced today that its flagship subsidiary and premium, robotic soft serve franchise, Reis & Irvy’s, has sold a milestone 200,000 cups of frozen yogurt. The announcement comes less than two months since the company announced it had sold its 100,000th cup. “Our strong sales growth during what many have described as the cold spell of a generation should certainly alleviate any remaining concerns in terms of seasonal impact on sales performance,” said Nick Yates, CEO of Generation Next. Reis & Irvy’s sold 45,491 cups of yogurt in January, representing $215,545 in consumer yogurt sales, compared to 37,494 cups sold worth $176,837 in consumer yogurt sales during December, a month-on-month increase of more than 21 percent, the company reports. The average sale price was $4.74 per cup in January.
SALT LAKE CITY, UT, Feb. 11, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Generation NEXT Franchise Brands, Inc. (VEND) announced today that its flagship subsidiary, Reis & Irvy’s, has signed an exclusive franchise agreement for the robot-staffed frozen yogurt and ice cream chain in Salt Lake County, UT and Utah County, UT.
SAN DIEGO, CA, Feb. 06, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Generation Next (VEND) announced today that it has reached an interim agreement with Wisconsin-based Stoelting Foodservice (a division of the Vollrath Company, LLC) in which Stoelting will provide manufacturing and engineering services for the Reis & Irvy’s premium soft serve robotic vending technology. The Reis & Irvy’s automated vending kiosks deliver customers up to six different flavors of frozen yogurt and/or ice cream with a selection of six custom toppings, all at the point of sale and within 60 seconds. The patented technology is currently installed in over 170 US locations with 20 kiosks now in Canada and Australia.
SAN DIEGO, CA, Feb. 05, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Starting with January 2019, Generation Next (VEND) will be providing monthly reports on operations. On January 8th, the Company announced the launch of 19 Degrees Corporate Service LLC (19 Degrees) to provide Reis & Irvy’s robots to locations outside of existing franchise territories.
Augusta, GA, Jan. 31, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Generation NEXT Franchise Brands, Inc. (VEND) announced today that its flagship subsidiary, Reis & Irvy’s, has signed an agreement with exclusive master franchise rights for the robot-staffed frozen yogurt chain in Augusta, GA. The $1,900,000 deal includes contracts for 12 Reis & Irvy’s locations along with an agreement and letter of intent for an additional 24 locations to be secured throughout the exclusive market. Generation Next Franchise Brands, Inc. (VEND) is the developer of the world’s first fully-automated robotic frozen dessert vending kiosk designed to disrupt brick-and-mortar competitors. Reis & Irvy’s unattended robots eliminate the need for costly rents and employees, significantly reduce food safety concerns, theft, and are capable of operating 24-hours a day.
Over the past few weeks, our operations team in partnership with the developers at Stoelting, Rethink, e2c, and Nayax have made tremendous improvements in the reliability and operation of the Reis & Irvy’s kiosk.
SAN DIEGO, CA, Jan. 08, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Generation Next Franchise Brands, Inc. (“Company” or “Generation Next”) announced today the launch of 19 Degrees Corporate Service LLC, a new investment vehicle for its network of current and future robotic soft serve vending kiosk owners. 19 Degrees Corporate Service, LLC will initially launch with 48 secured locations strategically placed throughout the country.
Generation Next Franchise Brands (OTCBB – VEND) announced today results from its field sales designed to improve overall kiosk performance, determine consumer pricing habits and identify the best performing location categories.
Thank you for your continued support in Generation Next Franchise Brands (VEND). In the background, we have been working tirelessly with our partners at Flex, Rethink Motion, Hartfiel, Stoelting, EPMP and E2C Communications to refine and improve our patented robotic vending technology. To date, we have installed 137 Alpha Production Units.