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EXHIBIT 99.1 Splash Beverage Reports Second Quarter 2026 Results and Highlights Strategic Transformation Toward Endovia Health Sciences The Company's loss from continuing operations declined by approximately 64 % for the first six months of 2026 as cost reductions take hold FORT LAUDERDALE , Fla . , August 20 , 2026 - Splash Beverage Group , Inc. ( NYSE American : SBEV ) ( " Splash " or the " Company " ) today reported financial results for the second quarter ended June 30 , 2026 , and provided an update on the Company's ongoing strategic transformation toward Endovia Health Sciences . For the six months ended June 30 , 2026 , the Company's loss from continuing operations was approximately $ 4 million dollars , compared with approximately $ 11 million dollars for the six months ended June 30 , 2025 , representing an improvement of approximately $ 7 million dollars , or 64 % . Management attributes the improvement primarily to significant cost - reduction initiatives that have been implemented over the past six ( 6 ) months as the Company has sought to shift its business focus and transition from the sale of alcoholic beverages to the development and commercialization of cannabinoid health and wellness products . Building the Foundation During the second quarter , management remained focused on reducing the Company's operating cost structure , simplifying the business and strengthening its financial foundation . Key developments included : • Reducing loss from continuing operations by approximately 64 % year - over - year for the six - month period ; • Continuing to reduce corporate overhead and administrative expenses ; • Simplifying the Company's operating structure and legacy obligations ; and • Advancing the strategic repositioning of the business toward pharmaceutical , veterinary and cannabinoid - based health sciences opportunities . " The first half of 2026 was about rebuilding the foundation of our Company , " said Brady Cobb , Interim Chief Executive Officer of Splash Beverage Group . “ Through disciplined execution and significant cost reductions , we expect to reduce our loss from continuing operations by approximately 64 % compared with the same period last year . That progress has given us a more efficient operating platform from which to execute the strategic initiatives announced following quarter - end . ”