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Stock impact report

Zevia Announces Fourth Quarter and Full Year 2024 Results [Yahoo! Finance]

Zevia PBC Class A (ZVIA) 
Company Research Source: Yahoo! Finance
LOS ANGELES, February 26, 2025 BUSINESS WIRE )--Zevia PBC ("Zevia" or the "Company") (NYSE: ZVIA), the Company bringing naturally delicious, zero sugar, clean-label beverages, today reported results for the fourth quarter and fiscal year ended December 31, 2024. Fourth Quarter 2024 Highlights Net sales of $39.5 million, an improvement of $1.7 million year over year Gross profit margin was 49.2%, an improvement of 8.5 percentage points year over year and the highest quarterly gross profit margin as a public company Net loss was $6.8 million, including $1.0 million of non-cash equity-based compensation expense, an improvement of $2.4 million year over year Adjusted EBITDA loss was $3.9 million , an improvement of $3.0 million year over year Loss per share was $0.09 to Zevia's Class A Common stockholders, an improvement of $0.05 year over year Full Year 2024 Highlights Net sales of $155.0 million, a decline of $11.4 million year over year Gross profit margin was 46.4%, Show less Read more
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