Is BrewDog going to IPO?
Yes, BrewDog is anticipated to launch an initial public offering (IPO) in the near future. Although a precise date has not been confirmed, the company is closely monitoring market conditions to determine the optimal timing for its IPO. BrewDog's co-founder and CEO, James Watt, has expressed the intention to wait for a more favorable investment environment to maximize fundraising potential.
Given the company's successful track record in crowdfunding, there's no rush to go public. Keep an eye on the market and BrewDog's announcements via Twitter @BrewDog to stay informed about the latest developments regarding the IPO.
What is BrewDog’s Share Price?
BrewDog IPO has not yet taken place, which means there is currently no publicly traded share price for the company. That said, BrewDog did have a fundraising round of 42,083 shares at £6.50 per share in Q3 of 2022. They have also had 3 previous crowdfunding rounds as highlighted in the graph below.
The share price will be determined closer to the IPO date, reflecting the valuation of the company and market conditions. Keep an eye on financial news and BrewDog's announcements to stay updated on the latest information regarding the share price once the IPO is initiated.
What is BrewDog’s Valuation?
BrewDog's valuation in early 2020 stood at £1.8 billion, as reported by Insider according to leaked Goldman Sachs documents. Founders James Watt and Martin Dickie own 44% of the company, with their stakes valued at around $880 million.
This valuation far surpasses fellow brewery Fuller, Smith and Turner, which had a market cap of £326 million as of July 2021. The pandemic impacted breweries, with BrewDog's adjusted pre-tax loss for 2020 at £13.13 million, and a net loss of £13.25 million.
Is BrewDogs Overvalued?
To evaluate if BrewDog is overvalued, examine aspects like its financial performance, growth prospects, market trends, and competitive standing. Key factors to consider include:
- Revenue growth: BrewDog's revenue increased from £238 million in 2020 to £286 million in 2021. Consistent growth may justify its valuation.
- Market share: BrewDog has a strong presence in the craft beer industry and competes with global giants like Heineken and Anheuser-Busch (AB InBev).
- Brand recognition: BrewDog is well-known for its innovative beers and marketing strategies, contributing to its popularity.
- Expansion plans: BrewDog has been expanding internationally, opening bars and exporting to over 55 countries.
- Industry trends: The craft beer market is growing, with increased consumer interest in premium and unique beverages.
By analyzing these factors, one can gain insights into whether BrewDog's valuation is justified or overvalued.
Who Owns BrewDog?
BrewDog is owned by a combination of individuals and entities. The primary stakeholders include:
- Over 200,000 individual investors who participated in various crowdfunding rounds, known as "Equity for Punks."
- Institutional investors such as TSG Consumer Partners and RML Capital.
- Founders James Watt and Martin Dickie, as well as staff members holding shares in the company.
These stakeholders together hold ownership in BrewDog, with each having a varying level of interest in the company.
The Bottom Line
In conclusion, BrewDog's anticipated IPO has garnered attention due to its growth and market presence. Key factors such as valuation, financials, and ownership structure are essential in evaluating its public market potential.
Although the IPO date is uncertain, monitoring BrewDog's announcements and market conditions is crucial. With the expanding craft beer industry and BrewDog's innovative approach, the company is well-positioned for long-term growth and profitability.