Beyond Meat Inc (BYND)

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News

About

Beyond Meat, Inc. offers plant-based burgers. The Company offers its products in a range of categories, such as The Beyond Burger, Beyond Sausage, Beyond Beef Crumbles and Beyond Chicken Strips. The Company sells a range of plant-based products across the three main meat platforms of beef, pork and poultry. It provides Beyond Mushroom Bacon Cheeseburger, Chef Spike’s Original Brat, Roasted Garlic & Italian Sausage Pasta, Beyond Beef Tacos and April Ross’ Butternut Squash Mac-N-Cheese. The Company also offers Beyond Spring Burger, Beyond Nacho Burger, Beyond Sausage Stuffed Peppers, Tuscan Style Beyond Sausage Pasta, Beyond Brat Breakfast Burrito, Beyond Beef Fiesta Power Bowl, Beyond Beef Nachos, Truffle Mac & Cheese Beyond Burger, Love & Lemons Guacamole Beyond Burger and Beyond Burger Tostada With Marinated Kale.

http://beyondmeat.com/

Activity

Beyond Meat Inc. - a relatively young American corporation that specializes in the production of meat substitutes based on vegetable raw materials. It was founded in 2009, but the first retail products (exclusively to the US market) came only in 2012. They were chicken strips produced without the use of animal protein. To do this, in the early years of its existence, cooperation was established with professors from the University of Missouri, who had been working for years on the study and creation of proteins of plant origin.

Beyond Meat Now

Now the company holds the title of the largest producer of products from "vegetable meat" in the world. Its product line consists of three main niches: beef, pork and chicken substitutes, and they are available in more than 100,000 retail stores in 80 countries.

The corporation owns several production facilities in America, Europe and China.

According to the financial statements for 2021, its annual income exceeded $464 mn, and capitalization - $897 mn.

Investments and IPO

After entering the market, the company developed at the expense of venture investors. Including thanks to investments from the large GreatPoint Ventures fund and a series of private investments. For example, Bill Gates has invested in its development, as well as celebrities who support the idea of refusing animal meat, including Leonardo DiCaprio.

In May 2019, the company, the first among competitors, went public and held an initial public offering on NASDAQ. The assets became available for trading under the ticker BYND.

Already on the first day of trading, the corporation was valued at $3.8 bn, and its IPO was named one of the most successful among American companies over the past 20 years.

How to buy shares of Beyond Meat?

Despite its public status, its main investors are still large funds and institutions. But Beyond Meat shares are also available for trading to individuals.

And if you want to invest in BYND shares, you can do it with Just2Trade: