Suja Life (SUJA) Registration filing summary

Company overview and business model

• Operates a modern beverage platform focused on functional, better-for-you beverages, including cold-pressed juices, wellness shots, and functional sodas.

• Portfolio includes Suja Organic, Vive Organic, and Slice, targeting health-conscious consumers across multiple beverage occasions.

• Vertically integrated manufacturing with a 270,000 sq. ft. facility enables cost and quality advantages and rapid innovation.

• Products are distributed in over 37,000 stores nationwide, with a strong omnichannel presence and strategic retail partnerships.

• Emphasizes sustainability through responsible sourcing and recyclable packaging.

Financial performance and metrics

• Fiscal 2025 net sales reached $327 million, up 26% from $259 million in 2024, with a 20.6% CAGR from 2023 to 2025.

• Gross margin improved to 48% in 2025, up 366 basis points from 2023.

• Adjusted EBITDA was $41 million in 2025, relatively flat year-over-year, with Suja Core segment Adjusted EBITDA at $66 million and 21% margin.

• Net loss increased to $23 million in 2025 from $21 million in 2024, reflecting investments in new brands and expansion.

• Q1 2026 preliminary results show estimated net sales of $103.8–$107.1 million, gross profit of $52.5–$54.1 million, and net income of $6.2–$7.4 million.

Use of proceeds and capital allocation

• Net proceeds of ~$182.8 million (at $22.50/share) will be used to acquire newly issued LP Units and LP Units from existing owners.

• Holdings LP will use proceeds to repay $143.6 million in debt, pay ~$19.4 million in employee bonuses, and cover offering expenses.

• No proceeds will be received from shares sold by the selling shareholder.