Should You Go For This US Penny Stock-BRCC

Acrobull UK Advisory Services Ltd.

November 25			2024
Name	Ticker	Sector/Industry		Market Cap	Risk Factor
BRCC Inc.	BRCC-NYSE	Consumer Defensive		$233.325 Million	High

BRC Inc., through its subsidiaries, purchases, roasts, and sells coffee, coffee accessories, and branded apparel in the United States. The company also produces media content, as well as sells coffee brewing equipment, and outdoor and lifestyle gear.

Recent Highlights

Strong Points- The company third quarter financial reports shows strong momentum as compared to the previous corresponding quarter which is a reflection of strong consumer demand in this segment.

We expect the company stock to generate short to mid-term results given the strong demand.

Third Quarter 2024 Financial Highlights

Wholesale sales increased 3.5% over the third quarter of 2023, while consolidated net revenue fell 2.3% to $98.2 million in the third quarter of 2024.

Adjusted EBITDA of $7.1 million and Net Loss of $1.4 million represent a $0.9 million rise over Adjusted EBITDA of $6.2 million in Q3 2023 and a $9.3 million improvement over Net Loss of $10.7 million in Q3 2023.

Gross Margin and adjusted EBITDA midpoint estimates have been increased, while the full-year revenue range has been reduced.

Black Rifle Energy™ RTD will arrive in Q4, providing a clean energy choice with BRCC's unique designs and national distribution through our agreement with Keurig Dr Pepper (KDP) for FY25.

Stock Observation-The company has reported good earnings in the third quarter of 2024 and reported stable results. The RSI level for the stock is at 45 which shows close to oversold conditions. The customers looking for a short term stock may choose to invest in it.

Risk Involved- Financial performance of the company may have an impact on the company stock performance.

Considering all the factors and financials of the company Acrobull UK maintains Buy Rating for the stock.

Disclaimer- Though our research is fundamentally and technically based on Acrobull UK only provides general advice on the stocks and it is imperative for the investors to do the risk assessment for themselves before investing as Acrobull UK would not be liable for any loss or profit arising out through the investment made by the investors on our recommendations.

It is also advisable for the investors to consult with Financial Advisor, Broker or to seek any legal assistance as the research conducted by Acrobull UK is factually based and recommendations are given in accordance with that, but it is imperative to understand that Acrobull UK does not guarantee returns.

Acrobull UK Recommendation Based on Evaluation

Current Market Price	$3.02 USD
Acrobull Recommendation	Buy at $2.90 USD
Target Price	Target 1 $3.33 USD, Limit Sell Put Target 2 $3.73 USD
RSI Level	14 Day RSI 43
Total Shares Outstanding	77.27 Million
Shares held by Insiders Risk Factor Stop Loss	20.88% High 5%