Sovos Brands

Sovos Brands

Sovos Home - Sovos Brands. Learn more

Launch date
Employees
Market cap
AUD3.6b
Enterprise valuation
AUD4.0b (Public information from Mar 2024)
Berkeley California (HQ)

Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD2019202020212022202320242025
Revenues388m560m719m878m1.0b1.1b1.2b
% growth-44 %28 %22 %16 %11 %8 %
EBITDA27.4m71.2m94.7m93.7m123m179m201m
% EBITDA margin7 %13 %13 %11 %12 %16 %16 %
Profit(27.1m)10.8m1.9m(53.5m)30.2m39.1m75.2m
% profit margin(7 %)2 %-(6 %)3 %3 %6 %
EV / revenue--2.7x2.0x2.2x2.2x1.9x
EV / EBITDA--20.4x19.1x18.2x13.7x11.9x
  • Edit
DateInvestorsAmountRound
-

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

Edit
More about Sovos Brandsinfo icon
Edit

Sovos 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.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.

Investments by Sovos Brands

Edit
Birch Benders
ACQUISITION by Hometown Food Company Jan 2023