BrewDog CEO Says IPO Not on Radar for Now, Despite Return to Profitability

Wednesday, Jun 25, 2025 8:46 am ET1min read

BrewDog CEO James Taylor has stated that an Initial Public Offering (IPO) is "not on the agenda at the moment," despite former boss James Watt considering an IPO for years. The company has returned to profitability for the first time since 2021, with adjusted EBITDA at £7.5m, a 400% hike on its £2.5m loss in 2023. However, gross revenue was relatively flat, declining 2.4% on the year prior to £357m.

BrewDog CEO James Taylor has ruled out an Initial Public Offering (IPO) for the company in the near future, despite previous considerations. The company has announced its return to profitability for the first time since 2021, with adjusted EBITDA of £7.5 million, a significant 400% increase from its £2.5 million loss in 2023. However, gross revenue remained relatively flat, declining by 2.4% year-over-year to £357 million.

Taylor stated that an IPO is "not on the agenda at the moment," signaling a focus on operational improvements and financial stability. The company's recent profitability marks a notable turnaround from its previous financial struggles. Despite the flat revenue, the company's operational efficiency and cost management strategies have enabled it to achieve profitability.

The company's return to profitability comes amidst a challenging economic environment. BrewDog has navigated the market by focusing on operational excellence and strategic cost management. The company's ability to return to profitability indicates its resilience and adaptability in the face of economic headwinds.

While the company has ruled out an IPO for the time being, its financial performance suggests a strong foundation for future growth. BrewDog's focus on profitability and operational efficiency positions it well for potential future opportunities, including an IPO, should market conditions and the company's financial health improve.

References:
[1] https://www.nasdaq.com/articles/lavoro-brazil-secures-multi-year-supplier-agreement-support-recovery-amid-revenue-decline

BrewDog CEO Says IPO Not on Radar for Now, Despite Return to Profitability

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