BRC Inc.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenue, net $82.1m $163.9m $233.1m $301.3m $395.6m $391.5m $398.3m
Cost of goods sold $46.4m $94.5m $143.4m $202.1m $270.2m $230.3m $260.3m
Gross profit $35.7m $69.4m $89.7m $99.2m $125.4m $161.2m $137.9m
Total operating expenses $35.8m $63.6m $101.3m $166.9m $175.7m $157.3m $162.5m
Total non-operating expenses ($642k) ($1.3m) ($2.1m) ($269.9m) ($6.3m) ($11.3m) ($7.5m)
Operating income (loss) ($116k) $5.8m ($11.6m) ($67.8m) ($50.2m) $3.8m ($24.6m)
Marketing and advertising $13.3m $25.5m $36.4m $38.2m $30.8m $35.6m $39.2m
Salaries, wages and benefits $13.1m $24.2m $38.7m $64.3m $71.1m $62.4m $56.7m
General and administrative $9.3m $13.9m $26.2m $64.5m $71.6m $50.8m $54.7m
Other income, net $91k ($227k) ($55k) $339k $10k $0 $0
Loss before income taxes ($758k) $4.5m ($13.7m) ($337.7m) ($56.5m) ($7.5m) ($32.1m)
Net loss $4.3m ($13.8m) ($338.0m) ($56.7m) ($7.6m) ($32.2m)
Less: Net loss attributable to non-controlling interest ($255.1m) ($40.0m) ($4.7m) ($20.3m)
Net loss attributable to BRC Inc. ($772k) $4.3m ($13.8m) ($82.9m) ($16.7m) ($3.0m) ($11.9m)
Basic (in dollars per share) ($6.60) ($0.93) ($0.11) ($0.34)
Diluted (in dollars per share) ($6.60) ($0.93) ($0.11) ($0.34)
Other operating expense, net $0 $0 $2.2m $8.5m $11.8m
Interest expense, net ($2.0m) ($1.6m) ($6.3m) ($11.3m) ($7.5m)
Income tax expense $14k $185k $178k $367k $185k $172k $132k