Founded in 2013 by Andrew Childs, Behemoth has grown to become a leading and nationally recognised independent craft beer brand.
Behemoth creates high-quality craft beers, driven by unique flavour creations, and distributed across New Zealand, Australia, and Asia. This combined with its unique, tongue-in-cheek approach to marketing and focused distribution strategy, has built Behemoth into a nationally recognised brand and a leader in the industry.
Behemoth has generated total revenues of $4.9m (EBITDA of $516k) in the 7 month period ending 31 October 2020, with revenues up more than 100% on the same period last year, notwithstanding the impact of COVID-19.
The key to our success has been:
In early 2019, we raised $2m from new investors to establish our first 'home' for the Behemoth brand, "Churly's". The completion of our new facilities marked a significant milestone in Behemoth’s journey, distinguishing ourselves from the many smaller players in the NZ craft beer industry, and establishing ourselves as one of the leading craft beer brands in NZ.
Behemoth is focused on growth and has a clear 3-year strategic plan to drive revenue growth by leveraging its new production facilities and increasing its domestic footprint through its hospitality business. Through the execution of this strategic plan, Behemoth is forecasting to grow revenues to $17.7m in FY23 at an EBITDA of $3.9m.
We are now raising up to $1.8m to fund this growth strategy.
Following an upcoming pre-emptive offer to existing shareholders, new investors will have the opportunity to invest into Behemoth. We are now accepting expressions of interest in the offer, which can be entered below.
Snowball Effect is a New Zealand-based online investing marketplace, that enables New Zealand companies to offer shares to members of the public. Snowball Effect was founded in 2012 and launched in August 2014, after being one of the first to acquire an equity crowdfunding license from the New Zealand Financial Markets Authority (FMA). Over NZ$75 million has been raised on the platform.
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