Zevia Pbc · NYSE:ZVIA
Zevia Pbc — Q1 2025 Earnings Presentation
16 slides from Zevia Pbc's earnings presentation, May 7, 2025
Slide 1: Q1 2025 Financial Results
01 2025 FINANCIAL RESULTS
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS This presentation and the related earnings press release contain “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, any statemen
Slide 3: Confidential & Proprietary – Do not distribute. © 2024 Zevia PBC
Confidential & Proprietary – Do not distribute. © 2024 Zevia PBC 3
Slide 4: Confidential & Proprietary – Do not distribute. © 2024 Zevia PBC
• • • • • Source: 1 Numerator Shopper Metrics Report for 12M ending 03/31/2025 Confidential & Proprietary – Do not distribute. © 2024 Zevia PBC 4
Slide 5: Adjusted EBITDA is a non-GAAP financial measure
1 Adjusted EBITDA is a non-GAAP financial measure. See Slides 2 and 15 for a discussion of this measure and a reconciliation to the most directly comparable GAAP measure.
Slide 6: Confidential & Proprietary – Do not distribute. © 2024 Zevia PBC
Confidential & Proprietary – Do not distribute. © 2024 Zevia PBC 6
Slide 7: "Get the Fake Outta Here"
“GET THE FAKE OUTTA HERE” Jelly Roll Talks Becoming the ‘Poster Child of Sweet Authenticity’ in New Zevia Ad: ‘What You See Is What You Get’ Alice Real men care about what they consume. Zero sugar, zero fake, all real. ZV gets it. Why isn’t everyone doing this? iu ev al Jelly Roll Struts in Daisy Du
Slide 8: Product Innovation: Robust Pipeline
PRODUCT INNOVATION: ROBUST PIPELINE ‘Zewaz New Product Introductions Across Flavors and Packaging Drive Incremental Distribution and Accelerated Velocity NEW VARIETY PACK ORANGE CREAMSICLE STRAWBERRY LEMON BURST cr a ae , Rolling out variety pack across Exclusively available at Sprouts Rolling out n
Slide 9: Expand Distribution: Raise In-Store Visibility
EXPAND DISTRIBUTION: RAISE IN-STORE VISIBILITY AU Y Driving awareness, accessibility, trial and repeat through expanded distribution Walmart @\ Albertsons Strong presence in “Modern Soda” at Expanded shelf space and achieved “eye level” presence with a vertical brand block at Albertsons 4,300 Walmar
Slide 10: Numerator Shopper Metrics Report
Source: Numerator Shopper Metrics Report for 12M ending 03/31/2025 1 Decline is largely driven by distribution losses in our club channel and one customer in our mass channel.
Slide 11: Adjusted EBITDA is a non-GAAP financial measure
• • • • 1 Adjusted EBITDA is a non-GAAP financial measure. See Slides 2 and 15 for a discussion of this measure and a reconciliation to the most directly comparable GAAP measure.
Slide 12: Confidential & Proprietary – Do not distribute. © 2024 Zevia PBC
Confidential & Proprietary – Do not distribute. © 2024 Zevia PBC 12
Slide 13: Adjusted EBITDA is a non-GAAP financial measure
• • • • • • • • 1 Adjusted EBITDA is a non-GAAP financial measure. See Slides 2 and 15 for a discussion of this measure and a reconciliation to the most directly comparable GAAP measure. 13
Slide 14: Adjusted EBITDA is a non-GAAP financial measure
1 Adjusted EBITDA is a non-GAAP financial measure. See Slides 2 and 15 for a discussion of this measure and a reconciliation to the most directly comparable GAAP measure. 2 Q1 2023, Q1 2024, and Q1 2025 represent a net loss. 14
Slide 15: Adjusted EBITDA reconciliation
² 1 Includes interest (income) expense and foreign currency (gains) losses. 2 Represents a non-GAAP financial measure. See Slide 2 for a discussion of this measure. Summations may not foot due to rounding. 15
Slide 16: Q1 2025 Progress on the Mission
01.2025 PROGRESS OM THE MISSION SUGAR REDUCTION Eliminated 2.8K metric tons of sugar from our consumers’ diets in the Q PLASTIC REDUCTION Kept 42 million plastic bottles from littering roadways, waterways and communities in the 0 AFFORDABILITY INDEX Zevia remains more affordable than 69% of all non-