Zevia Pbc · NYSE:ZVIA
Zevia Pbc — Q2 2022 Earnings Presentation
16 slides from Zevia Pbc's earnings presentation, Aug 11, 2022
Slide 1: N N fo} N N oO
N N fo} N N oO
Slide 2: Forward-looking statements and non-GAAP financial information
This presentation and the related earnings press release contains “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 statement that may predict, foreca
Slide 3: Mission: supporting the health of individuals and communities
in supporting the health of individuals, of the communities in which we live, and in becoming 1% better every day.
Slide 4: Deliciously refreshing, guilt-free, affordable beverages
Deliciously refreshing with all the flavor you crave. Guilt-free alternative to sugary sodas and beverages. Only a handful of ingredients that shoppers can easily pronounce. Reducing plastic waste by using only aluminum cans Affordable for a broad range of consumers and perfect for all ages.
Slide 5: 5
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Slide 6: Syndicated data sources
6 Source: SPINScan Data through 7/10/2022; Stackline Data through 6/30/2022; Numerator Shopper Metrics Report for 12M ending 6/30/2022
Slide 7: High-Performing, Globally Disruptive Beverage Company
High-Performing, GLOBALLY DISRUPTIVE BEVERAGE COMPANY Ae SUPPORTING GLOBAL PUBLIC HEALTH WITH GREAT-TASTING, ZERO SUGAR, PLANT-BASED BEVERAGES $ ihe. Hl 58 & SALES PROFITABILITY ESG Expand Accelerate | Leverage | Expand Optimize Leverage Reduce Sugar | Eliminate Affordable Distribution Velocity Plat
Slide 8: Financial Results
zevia FINANCIAL RESULTS
Slide 9: Q2 2022 Financials Overview – Year Over Year
Q2 2022 FINANCIALS OVERVIEW – YEAR OVER YEAR ($ IN MILLIONS) Net Sales Gross Profit Adjusted EBITDA1 Two Year Growth – 64% $3.5 $17.4 $45.5 $16.2 $34.4 $13.8 $27.7 $(0.4) $(6.4) Q2 2020 Q2 2021 Q2 2022 Q2 2020 Q2 2021 Q2 2022 Q2 2020 Q2 2021 Q2 2022 % Growth % of Net Sales % of Net Sales 14% 24% 33%
Slide 10: YTD 2022 Financials Overview – Year Over Year
YTD 2022 FINANCIALS OVERVIEW – YEAR OVER YEAR ($ IN MILLIONS) Net Sales Gross Profit Adjusted EBITDA1 Two Year Growth – 67% $32.0 $1.3 $83.6 $30.4 $0.1 $65.0 $22.9 $50.2 $(14.7) YTD 2020 YTD 2021 YTD 2022 YTD 2020 YTD 2021 YTD 2022 YTD 2020 YTD 2021 YTD 2022 % Growth % of Net Sales % of Net Sales 19
Slide 11: Recent Developments
NOTE BOFA LOGO AT BOTTOM RIGHT DRAFT RECENT DEVELOPMENTS SYNDICATED DATA & COMPANY INITIATIVES
Slide 12: Consumer Panel Metrics
CONSUMER PANEL METRICS Household Penetration Purchase Trends $33.18 $9.27 6.1% $31.96 3.6 $9.06 5.0% 3.5 YA L12M YA L12M YA L12M YA L12M % Household penetration Dollar sales per household Trips per household Dollar spend per trip 12 Source: Numerator Shopper Panel Data for 12M ending 6/30/2022 versu
Slide 13: ESG Metrics & Achievements
ESG METRICS & ACHIEVEMENTS Company Culture Eliminated 3.7K metric tons Eliminated 56 million plastic Zevia remains more affordable Recognized for Best Career of sugar from our bottles from littering than 63% of all non-alcoholic Growth, Best CEO for Diversity, consumers’ diets roadways, waterways an
Slide 14: 2022 Guidance: $177-182MM Net Sales, 28-32% Growth vs 2021
2022 GUIDANCE: $177-182MM NET SALES, 28-32% GROWTH VS 2021 Velocity • Shopper trade-up continues, with mix shifting to larger packages 6pk 8pk 10pk 12pk and 12, 24 and 30-can variety packs • Continued increase in promo effectiveness • Price increase across full soda portfolio effective 8/1/22 D
Slide 15: Appendix
APPENDIX
Slide 16: Profit & Loss and Adjusted EBITDA Reconciliation
PROFIT & LOSS AND ADJUSTED EBITDA RECONCILIATION ($ IN MILLIONS) Q2 2022 Q2 2021 Q2 2020 Q2 2022 YTD Q2 2021 YTD Q2 2020 YTD YE 2021 YE 2020 Net Sales $45.5 $34.4 $27.7 $83.6 $65.0 $50.2 $138.2 $110.0 % Growth 33% 24% 14% 28% 30% 19% 26% 29% Cost of Goods Sold $28.2 $18.1 $13.8 $51.6 $34.6 $27.3 $77