Parrotdog - Craft Beer

[Jaa]

Thank you Stoploss and Huxley, agree I found it irrational too. Thought I was missing something obvious!

Been a bit disappointed at Parrotdog's growth rate, they only seem to talk about production issues and small scale limited releases. As a business wouldn't they be better off, focusing on large production runs of their biggest sellers?

[huxley]

Thank you Stoploss and Huxley, agree I found it irrational too. Thought I was missing something obvious!

Been a bit disappointed at Parrotdog's growth rate, they only seem to talk about production issues and small scale limited releases. As a business wouldn't they be better off, focusing on large production runs of their biggest sellers?

I think their Birdseye hazy IPA is about 50% of production at the moment?

Till the next annual report is released, there are a few lines found online setting out the latest information about their revenue and ambitions for future growth and scale:

“Although demand has often outstripped supply, we have achieved consistent revenue growth since FY16 at a compound average growth rate (CAGR) of 45%, generating $17.3m of gross revenue in FY22. We are on track to achieve $20.1m for FY23 and forecast to continue growing at a CAGR of 18% to achieve revenue of $33.5m in FY26.”