Skinny Tonic – investment round 12/2020

skinny tonic, the name says it all: The startup produces tonic water without sugar and calories. Doesn't sound spectacular, but the company seems down-to-earth & successful to me and it's growing strongly. Simply request the pitch deck and financials in the "Documents" section and take a look.

For 2020 so far only less than 2 million pounds sales are planned, but already 7 million pounds are to be achieved in 2021. The current valuation of £12 million is high compared to 2020 sales, but reasonable for the planned 2021 sales, as the price-to-sales ratio would then already be below the factor of 2.0. I myself have been invested since mid-2020 at a previous share price of GBP 3.78. The price in the current round is GBP 4.66 per share and I have topped it up again.

Up until now, Skinny Tonic has regularly delivered a shareholder update every few months. For example, there are already relevant large supply contracts with agreed order volumes for the next few years with individual customers. There is also a pipeline of new customers. All in all, the company is growing well and the above sales target for 2021 is realistic. I am also convinced that the focus is currently on expanding production capacities and increasing the storage area. Including the investments in 2020, a total of over £4 million has been invested in fully automated production and expanded storage capacity.

Philip

I have been investing in startups since 2014. In recent years, my portfolio has grown to over 150 investments of various sizes. On my blog I regularly report about crowd investing and my investments.

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