Sovos Brands
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|---|---|
Revenues | 388m | 560m | 719m | 878m | 1.0b | 1.1b | 1.2b |
% growth | - | 44 % | 28 % | 22 % | 16 % | 11 % | 8 % |
EBITDA | 27.4m | 71.2m | 94.7m | 93.7m | 123m | 179m | 201m |
% EBITDA margin | 7 % | 13 % | 13 % | 11 % | 12 % | 16 % | 16 % |
Profit | (27.1m) | 10.8m | 1.9m | (53.5m) | 30.2m | 39.1m | 75.2m |
% profit margin | (7 %) | 2 % | - | (6 %) | 3 % | 3 % | 6 % |
EV / revenue | - | - | 2.7x | 2.0x | 2.2x | 2.2x | 1.9x |
EV / EBITDA | - | - | 20.4x | 19.1x | 18.2x | 13.7x | 11.9x |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | IPO | |
* | N/A | $119m | POST IPO SECONDARY |
* | N/A | $175m | POST IPO SECONDARY |
* | $2.7b Valuation: $2.7b 3.1x EV/LTM Revenues 28.8x EV/LTM EBITDA | Acquisition | |
Total Funding | - |
Recent News about Sovos Brands
EditSovos Brands is dedicated to creating high-quality, delicious food products using honest ingredients and traditional recipes. The company operates in the consumer packaged goods market, focusing on premium food brands that emphasize taste and authenticity. Sovos Brands serves a diverse range of clients, including individual consumers and retailers who value quality and simplicity in their food choices. The business model revolves around acquiring and nurturing brands that align with its mission of delivering exceptional taste and wholesome ingredients. Revenue is generated through the sale of these premium food products across various distribution channels, including grocery stores, online platforms, and specialty food retailers. Sovos Brands' portfolio includes well-known names like Rao's Homemade, noosa yoghurt, and Michael Angelo's, each contributing to the company's reputation for excellence in the food industry.
Keywords: premium food, honest ingredients, traditional recipes, consumer packaged goods, quality, simplicity, Rao's Homemade, noosa yoghurt, Michael Angelo's, retail distribution.