Stryve Business Combination with Andina Acquisition Corp. III slide image

Stryve Business Combination with Andina Acquisition Corp. III

At a Glance Aligned with Consumer Shift in Snacking Toward Better-for-You Products $5B $110B Only USDA Full-Grant Certified Air-Dried Meat Manufacturing Facility >$100M HIGH Market Opportunity 2022F Meat Snacking 2022F Total Snacking Manufacturing Capabilities Revenues Achievable Barrier to with Current Capacity Entry $ Financial Highlights 63% CAGR 2018A-2020A Gross Revenue >$500k Gross Revenue in First Month of DTC launch $51M 2021F Gross Revenue 47% 2021F Gross Margin 10+ >70,000 Unique Sale Channels Total Distribution Points Distribution 24% 11% Natural Food MULO (2) Channel ACV(1) ACV(1) XIXI 40% Repeat order rate on Amazon 4-5 150% 2020A Social Following Growth 19% Multi-decade experience creating and managing multi-billion-dollar sales budgets 50+ >$430M Loyal Customer Base Leadership Star reviews on most products Of 2020 Stryve.com Sales Driven by E-mail Campaigns Years Collective Experience in CPG Collective TEV(3) of Founded Business' Sources: Statista as of 1/13/2021, 52-week SPINS data as of 12/17/2020 "All-Commodity Value" (1) (2) (3) "Multi Outlet", includes Food/Grocery, Drug, Mass Merchandisers, Walmart, Club Stores, Dollar Stores, etc. Represents TEV at exit of business' founded by members of management (Dymatize $380M exit in 2013, the balance is comprised of smaller transactions) Stryve 6
View entire presentation