Return to Growth
Zevia PBC returned to growth in Q4 2024 with a sales increase of over 4%, driven by increased volumes and expanded distribution, particularly from 800 to over 4,300 Walmart locations.
Record Gross Margin
Achieved a record high gross margin of 49.2%, an increase of 850 basis points from the previous year, reflecting improved inventory management and productivity initiatives.
Positive Consumer Engagement
Zevia PBC's consumer engagement is high, with a repeat rate of over 40% and an average brand spend per household 38 percentage points higher than the average beverage shopper.
Significant Marketing Campaign Success
The 'Break from the Artificial' campaign went viral, significantly boosting brand visibility and leading to increased marketing investments.
Strong Financial Position
Ended the quarter with approximately $30.7 million in cash and cash equivalents, with an undrawn revolving credit line of $20 million, indicating strong liquidity.