EQUATOR BEVERAGE COMPANY - MOJO STOCK NEWS

EQUATOR Beverage Company (OTCQB: MOJO) reported record second quarter 2024 financial results. Highlights include:

• Revenue increased 44% to $845,321
• Gross profit rose 22% to $342,483
• Gross profit margin was 41%

The growth was driven by increased shelf space, new points of sale, and online sales. Despite a 300% increase in ocean shipping costs, the company maintained a balanced approach to growth. The positive trend continued into Q3, with revenue up 94% to $568,956 through August 7th compared to the same period last year.

EQUATOR Beverage Company (OTCQB: MOJO) reported its Q1 2024 financial results, showing a 24% revenue increase to $640,653 from the same period last year. Gross margin increased to 42% of revenue due to higher sales of one-liter products, while net loss was $103,020 compared to net income of $4,485 in Q1 2023, attributed to higher executive compensation and selling expenses.

EQUATOR Beverage Company (MOJO) reports a significant increase in revenue for 2023, with a 26% rise compared to the previous year. The company also saw a 9-percentage point improvement in gross margin and a 25% decrease in net loss. Taxable income showed a substantial improvement, and stock repurchases were notable.

EQUATOR Beverage Company (MOJO) reports record-breaking results for Q4 2023, with a 44% increase in net revenue, 73% increase in gross margin, and a 170% increase in taxable income compared to the same period last year. The company also repurchased 401,269 shares of its common stock in 2023, showing a strong financial position and commitment to shareholders.

EQUATOR Beverage Company (MOJO) reports impressive financial results for 2023, with a 26% increase in net revenue, 60% increase in gross margin, and a significant turnaround from a net loss to taxable income. The company also repurchased over 1.2 million shares of its common stock, demonstrating confidence in its future performance.

EQUATOR Beverage Company (OTCQB:MOJO) reports impressive financial results for November 2023, including a 67% increase in net revenue, a 129% increase in gross margin, and a 291% increase in taxable income compared to the same period last year. The company also repurchased 21,250 shares of its common stock in November and applied for DTC FAST clearing, expecting approval soon.

EQUATOR Beverage Company reports its results of operations for October 2023. Net Revenue increased by 47% compared to the same period last year. Gross Margin was $74,006, a 40% improvement from last year. Taxable Income saw a $28,396 improvement. Trailing 12 month revenue for 2023 is $2,190,964, a $322,902 improvement from 2022. EQUATOR repaid $50,000 in loans, bringing the outstanding balance down to $190,000.

Equator Beverage Company reports Q3 2023 results with increased net revenue and gross margin.

EQUATOR Beverage Company reports Q3 2023 results with positive revenue and gross margin growth.