Zevia Q4 net sales rise 4.4% to $39.5M, record gross margin 49.2%; guides FY25 rev $158-163M

Zevia PBC

2024-FY EPS reported -$0.34 revenue$155,049,000

Q4 net sales $39.5M (+4.4% YoY), volume growth 11.6%; gross margin 49.2% (record, +8.5pp YoY).
Q4 net loss improved to $6.8M from $9.2M; Adj. EBITDA loss $3.9M vs $6.9M YoY.
FY2024 net sales $155.0M (-6.8% YoY); net loss $23.8M vs $28.3M; Adj. EBITDA loss $15.2M vs $19.0M.
FY2025 guidance: net sales $158-163M, Adj. EBITDA loss $8-11M; Q1 net sales $36-38M.
Cash $30.7M, no debt; $20M unused credit line.

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