Added to YB: 2024-03-22
Pitch date: 2024-03-22
SOWG [bullish]
Sow Good Inc.
-94.9%
current return
Author Info
No bio for this author
Company Info
Sow Good Inc. manufactures and sells freeze-dried candy and snack products in the United States. The company markets its products through direct-to-consumer websites and other social media presence, as well as through the business-to-business sales channels.
Market Cap
$28.5M
Pitch Price
$10.20
Price Target
31.40 (+5938%)
Dividend
N/A
EV/EBITDA
6.57
P/E
13.25
EV/Sales
1.07
Sector
Food Products
Category
growth
$SOWG - A Potential Freeze-Dried Candy Giant in the Making
SOWG: Freeze-dried candy leader w/ 1000%+ rev growth since pivoting in Mar '22. Expanding capacity 4x to $75M; targeting $75M FY24 rev (4x FY23e) at 28% EBITDA margin. Trades at 4x FY24e P/E & 2.2x EV/EBITDA w/ 300% upside to 10x EBITDA. Risks: fad, competition, governance.
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