Honest Investor Conference Presentation Deck
2022 OUTLOOK AS OF Q1 EARNINGS (¹)
SALES
●
Q2 - Q4 2022: Mid-Single Digit
Growth
Reflects product innovation and
distribution gains with new strategic
retail partners including:
Walmart, Ulta, GNC,
Super Ordinary
ADJUSTED EBITDA
Full year 2022 outlook remains unchanged and is
expected to be a loss in the range of negative $5 million
to negative $10 million
Improvement anticipated to be 2H-weighted, reflecting:
Heightened inflationary pressures in 1H of the year
Increasing benefit of price increases, margin-
accretive innovation, new distribution & cost savings
●
HEALTHY BALANCE SHEET
Greater than $75M in cash and cash equivalents with no debt (2)
Notes:
1. May 13, 2022 Earnings
2. As of March 31, 2022, ended with $78 million in cash, cash equivalents and short-term investments
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