Mr Bing Foods · We Beat Our $2.1M 2022 Rev... — Republic

Mr Bing Foods Updates

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Feb 20

2023

We Beat Our $2.1M 2022 Revenue Goal!

We've officially closed our 2022 books, and are happy to share that Mr Bing Foods ended the year at approximately $2.15M, a 7x growth over 2021 revenues.

2023 is also off to an excellent start, with more incredible retail partners joining in the first two months of the year, just some of which include:

Brookhaven
Giant
Heinen’s
Jerry’s
Kowalski’s
Market District
PCC
Sprouts (Additional SKU in all stores)
Tops

Just as importantly, we continue to have strong sales velocity on the shelf, and have also improved many aspects of our supply chain and COGS, including updating packaging, resulting in a GM exceeding 35% coming into 2023.

Thanks again for your confidence in Mr Bing - we're looking forward to a great year!

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3 years ago

Woohoo and well done! We are your fans and investors standing behind you.
I’d like to know if you’d consider changing the oil to a non-GMO oil. For example, one of the completion uses olive oil. Of course that would increase price and change flavor, but would improve health properties and integrity.

@mia-schleifer Thanks for the feedback. Our Chili Crisp is in fact non-GMO Project certified, and we use non-GMO canola oil. One of the reasons we chose canola is because it's more recommended for cooking at high temperatures, and a lot of people use our Chili Crisp as a cooking ingredient in addition to as a condiment. But we do know that some people prefer non-seed oils, and we're looking in to it for future recipes. Much appreciated!

3 years ago

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3 years ago

@benjamin-duvall Hi there, are there any updates for Republic investors on how the company is performing / exit opportunities?

5 months ago

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5 months ago

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