Burke and Wills Plant Camp

Creatd, Inc. Reports Record Financial Results for Third Quarter 2021

Retrieved on: 
Tuesday, November 16, 2021
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With these record results, which saw third quarter 2021 revenues similar to the amount of revenue for the entirety of fiscal year 2020, the Company reaffirms its fiscal year 2021 revenue guidance of between $4.5 and $4.7 million.

Key Points: 
  • With these record results, which saw third quarter 2021 revenues similar to the amount of revenue for the entirety of fiscal year 2020, the Company reaffirms its fiscal year 2021 revenue guidance of between $4.5 and $4.7 million.
  • Third Quarter and Nine Months 2021 Financial Highlights:
    In line with guidance, net revenues for the third quarter were $1.18 million, a nearly three-fold increase as compared to third quarter 2020 revenues of $425,000, and a 22% increase over second quarter 2021 net revenues of $971,000.
  • Gross revenues for third quarter 2021 were $1.21 million, a 20% increase compared to gross revenues for second quarter 2021.
  • Marketing costs dropped by over 50% between the second and third quarter, from $4.2 million in the second quarter 2021 to $1.8 million in the third quarter.

Creatd Announces Debut of Camp's Website Redesign and New Product Launches

Retrieved on: 
Thursday, October 21, 2021
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Camp first launched in 2020 with its inaugural product, a fresh and healthy take on mac and cheese, combining organic, plant-packed ingredients with an iconic mac and cheese taste.

Key Points: 
  • Camp first launched in 2020 with its inaugural product, a fresh and healthy take on mac and cheese, combining organic, plant-packed ingredients with an iconic mac and cheese taste.
  • We look forward in 2022 to expanding our customer base and realizing Creatd Ventures' sales goals."
  • Creatd, Inc. (Nasdaq CM: CRTD) is a creator-first technology company and the parent company of the Vocal platform.
  • New factors emerge from time to time, and it is not possible for us to predict all of such factors.

Creatd Announces the Closing of its Purchase of a Majority Stake in Direct-to-Consumer Beverage Brand, Dune Glow Remedy.

Retrieved on: 
Tuesday, October 5, 2021
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Creatd acquired a 50.4% equity stake in Dune in exchange for Creatd's common stock.

Key Points: 
  • Creatd acquired a 50.4% equity stake in Dune in exchange for Creatd's common stock.
  • Commented Creatd co-CEO, Jeremy Frommer, "With the Dune acquisition now officially closed, it represents a strong addition to Creatd's portfolio of DTC brands.
  • Dune's founder, Tom Punch, has recently joined Creatd as CEO of Creatd Ventures, the Company's e-commerce pillar.
  • In this role, Mr. Punch will oversee the operations and expansion of Dune as well as that of each brand within Creatd Ventures' growing portfolio.