BRC vs Zevia PBC
BRC is the larger business, with $398m of revenue in fiscal 2025 against $161m for Zevia PBC (2.5 times as much). Zevia PBC grew faster (4.0% against 1.7%). BRC kept more of each dollar of sales as profit: a net margin of -3.0% against -6.2%. Zevia PBC carries less debt relative to equity (0.0% against 85.6%).
| Latest fiscal year | BRCBRCC, 2025 | Zevia PBCZVIA, 2025 |
|---|---|---|
| Revenue | $398m | $161m |
| Revenue growth | 1.7% | 4.0% |
| Net income | −$11.9m | −$9.9m |
| Operating margin | -6.2% | -7.3% |
| Net margin | -3.0% | -6.2% |
| Return on equity | -40.5% | -17.1% |
| Free cash flow | −$13.5m | −$5.0m |
| Cash | $4.3m | $25.4m |
| Total debt | $39.1m | $0 |
| Debt to equity | 85.6% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 468 | 88 |
| Market value | $118m | $84.0m |
| Price vs our value range | — | — |
| Moat score | 30 (Weak) | 43 (Weak) |
| Insider trades, 12 months | 6 buys, 9 sales | 0 buys, 8 sales |