NewAge Inc (fka NBEVQ) (NBEVQ)

[ambulance_blues]

CFO comments during Q4 conference call.

"All Divisions contributed in a fairly balanced way, and all brands contributed to the growth. Within the brands, Búcha Live Kombucha performed the strongest for the year benefiting from category growth, and internally from the planned revenue synergies, in gaining incremental distribution through the New Age national DSD network gaining over 5,000 new accounts over the past nine months. In 2016 Bucha led all our growth up 43.2%. Since developing and launching shelf stable/non refrigerated Bucha, retailer demand has taken off, and we have had to add in two new production operations which both come on stream in Q2."

My thoughts on Bucha: attaining 42% year/year growth when Bucha only started being funneled through the New Age national DSD network in Q2 is not bad. Would that all our recently acquired brands (Marley/Coco Libre) achieve this kind of growth through synergy, it would blow away the 7-10% guidance.


"Aspen Pure also grew well in 2016, up 12.6% organically for the year, and now with its new Identity, and extension with Aspen Pure Probiotic in the end of Q1 2017 – we expect this business to more than double in 2017 as it rolls out nationally."

This one sentence may have gone under the radar. The CFO sees our largest brand, Aspen Pure, more than doubling? This could be a sleeping giant.