earnings
confidence high
sentiment negative
materiality 0.80
Sow Good Q4 revenue drops 85% to $1.4M; net loss of $4.2M on quality and competition headwinds
Sow Good Inc.
- Q4 revenue $1.4M vs $9.5M YoY; FY 2024 revenue $32.0M (up from $16.1M).
- Q4 GAAP net loss $4.2M ($0.40 diluted EPS); adj. EBITDA loss $2.8M.
- Gross loss of $1.2M including $1.7M inventory reserve; ex-reserve gross margin ~31.8%.
- CEO cites product melting issues, competitive pressures; new packaging and temp-controlled shipping implemented.
- New product lines (jerky, yogurt melts) planned for H2 2025; cash $3.7M at year-end.