Unlisted craft brewing company Behemoth is seeking to raise $2 million through the investment platform, Snowball Effect, to fund future growth.
Behemoth said it had generated total revenues of $4.06m in the six months to September 30, up 100 per cent on the same period last year, and EBITDA of $484,000.
The company said it was focused on growth and said it had a clear three-year strategic plan to drive revenue growth by leveraging its new production facilities and increasing its domestic footprint through its hospitality business.
Through the execution of this strategy, Behemoth is forecasting to grow revenues to $17.8m in 2023 at an EBITDA of $4.2m.
Behemoth, which gained notoriety 2018 when it started marketing a "Dump the Trump" India pale ale (IPA), said it had grown into a nationally recognised brand.