Swiss Water Decaffeinated Coffee (SWP) Investor presentation summary

Industry and market position

• Operates as a global leader in sustainable, specialty decaffeination for over 20 years, using a proprietary chemical-free water process.

• Serves over 60 international markets, with strong volume growth in North America (+7% CAGR), Asia Pacific (+9% CAGR), and Europe/MEA (+17% CAGR).

• Decaf demand is rising, especially among 18-24 year-olds, with specialty decaf growing at 2.5% versus 1% for regular coffee.

• Brand commands a $0.30–$0.40/lb premium and is recognized by 43% of US decaf drinkers.

• Diversified, blue-chip customer base with top three customers accounting for ~35% of revenue.

Operations and process

• Utilizes a unique, multi-stage, chemical-free process that preserves certifications like Organic and Fairtrade.

• Expanded decaffeination capacity with new Delta B.C. facility, operating 24/7, with two lines added by 2023 and a total capex of ~$125M.

• Warehouses ready-to-roast decaf coffee across North America and Europe for efficient logistics.

• Continuous improvement through Six Sigma, lean manufacturing, and statistical process controls.

Financial performance

• 2025 revenue reached $258.7M, up 49% year-over-year, with gross profit of $27.0M and net income of $1.6M.

• Adjusted EBITDA for 2025 was $11.3M, with a 10-year CAGR of 6% in volume growth.

• Multiple revenue streams: green coffee cost recovery, process revenue, and distribution revenue, all showing growth.

• Free cash flow supports debt reduction and operational growth, with minimal ongoing capex ($1–$2M/year).