Westrock Coffee FY2022 sales +24% to $867.9M, Adj. EBITDA +27% to $60.1M; guides 10-25% growth

Westrock Coffee Co

FY2022 net sales $867.9M (+24% YoY); net loss $55.5M (vs loss $21.3M) includes non-cash warrant charge.
Adjusted EBITDA $60.1M (+27%); Q4 Adj. EBITDA $17.5M (+23% YoY).
Completed acquisition of Bixby Coffee on Feb 28, 2023; terms undisclosed.
FY2023 Adj. EBITDA guidance $66M-$75M (10%-25% growth); had $192M liquidity at Dec 31.

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