EQUATOR Beverage Company Reports Fourth Quarter 2024 Financial Results
EQUATOR Beverage Company (MOJO) reported strong Q4 2024 financial results, with revenue reaching $699,293, up 38% year-over-year from $508,213. Gross profit increased to $260,083, up 18% from $220,243 in the prior year quarter, representing a 37% gross margin despite a 161% increase in ocean shipping costs.
The growth was primarily driven by increased grocery store shelf space, online sales, and sustained consumer demand. For the full year 2024, revenue totaled $3,246,913 compared to $2,288,272 in 2023. The company projects revenue of $650,000 for the first two months of 2025, representing a 76% increase from the same period last year.
L'azienda EQUATOR Beverage Company (MOJO) ha riportato risultati finanziari solidi per il quarto trimestre del 2024, con un fatturato che ha raggiunto $699,293, in aumento del 38% rispetto all'anno precedente, quando era di $508,213. Il profitto lordo è aumentato a $260,083, con un incremento del 18% rispetto ai $220,243 dello stesso trimestre dell'anno precedente, rappresentando un margine lordo del 37% nonostante un aumento dei costi di spedizione marittima del 161%.
La crescita è stata principalmente guidata dall'incremento dello spazio sugli scaffali dei supermercati, dalle vendite online e da una domanda dei consumatori sostenuta. Per l'intero anno 2024, il fatturato è stato di $3,246,913 rispetto ai $2,288,272 del 2023. L'azienda prevede un fatturato di $650,000 per i primi due mesi del 2025, rappresentando un aumento del 76% rispetto allo stesso periodo dell'anno scorso.
La empresa EQUATOR Beverage Company (MOJO) reportó resultados financieros sólidos para el cuarto trimestre de 2024, con ingresos alcanzando $699,293, un aumento del 38% en comparación con el año anterior, cuando fueron $508,213. El beneficio bruto aumentó a $260,083, un incremento del 18% respecto a los $220,243 del trimestre del año anterior, representando un margen bruto del 37% a pesar de un aumento del 161% en los costos de envío por mar.
El crecimiento fue impulsado principalmente por el aumento del espacio en las estanterías de las tiendas de comestibles, las ventas en línea y una demanda sostenida de los consumidores. Para el año completo de 2024, los ingresos totalizaron $3,246,913 en comparación con los $2,288,272 de 2023. La empresa proyecta ingresos de $650,000 para los primeros dos meses de 2025, lo que representa un aumento del 76% en comparación con el mismo período del año pasado.
이쿼터 음료 회사 (MOJO)는 2024년 4분기 강력한 재무 결과를 보고했습니다. 매출은 $699,293에 도달하여 전년 대비 38% 증가했습니다($508,213). 총 이익은 $260,083으로 증가했으며, 이는 전년 동기 $220,243에서 18% 증가한 수치로, 해상 운송 비용이 161% 증가했음에도 불구하고 37%의 총 이익률을 나타냅니다.
이 성장은 주로 식료품점의 진열 공간 증가, 온라인 판매, 지속적인 소비자 수요에 의해 주도되었습니다. 2024년 전체 연도 매출은 2023년 $2,288,272에 비해 $3,246,913에 달했습니다. 회사는 2025년 첫 두 달 동안 $650,000의 매출을 예상하고 있으며, 이는 지난해 같은 기간에 비해 76% 증가한 수치입니다.
La société EQUATOR Beverage Company (MOJO) a annoncé de solides résultats financiers pour le quatrième trimestre 2024, avec un revenu atteignant $699,293, en hausse de 38% par rapport à l'année précédente ($508,213). Le profit brut a augmenté à $260,083, soit une hausse de 18% par rapport à $220,243 au trimestre de l'année précédente, représentant une marge brute de 37% malgré une augmentation de 161% des coûts d'expédition maritime.
Cette croissance a été principalement alimentée par l'augmentation de l'espace sur les étagères des magasins d'alimentation, les ventes en ligne et une demande des consommateurs soutenue. Pour l'année entière 2024, les revenus totalisaient $3,246,913 par rapport à $2,288,272 en 2023. La société prévoit un revenu de $650,000 pour les deux premiers mois de 2025, représentant une augmentation de 76% par rapport à la même période l'année dernière.
Die EQUATOR Beverage Company (MOJO) berichtete für das vierte Quartal 2024 von starken finanziellen Ergebnissen, wobei der Umsatz $699,293 erreichte, was einem Anstieg von 38% im Vergleich zum Vorjahr ($508,213) entspricht. Der Bruttogewinn stieg auf $260,083, ein Anstieg von 18% im Vergleich zu $220,243 im Vorjahresquartal, bei einer Bruttomarge von 37% trotz eines Anstiegs der Seefrachtkosten um 161%.
Das Wachstum wurde hauptsächlich durch den Anstieg des Regalplatzes in Lebensmittelgeschäften, Online-Verkäufe und eine anhaltende Verbrauchernachfrage getrieben. Für das gesamte Jahr 2024 betrug der Umsatz insgesamt $3,246,913 im Vergleich zu $2,288,272 im Jahr 2023. Das Unternehmen prognostiziert für die ersten zwei Monate 2025 einen Umsatz von $650,000, was einem Anstieg von 76% im Vergleich zum gleichen Zeitraum des Vorjahres entspricht.
- Q4 2024 revenue increased 38% YoY to $699,293
- Q4 2024 gross profit grew 18% YoY to $260,083
- Full year 2024 revenue reached $3,246,913, up from $2,288,272
- Projected 76% revenue growth for first two months of 2025
- Expansion of grocery store shelf space and online sales channels
- 161% increase in ocean shipping costs impacting margins
- Gross margin decreased to 37% in Q4 2024
Fourth quarter revenue of
Fourth quarter gross profit of
Jersey City, New Jersey--(Newsfile Corp. - February 11, 2025) - EQUATOR Beverage Company (OTCQB: MOJO), maker of MOJO Energy and MOJO Coconut Water premium lifestyle functional beverages today reported record fourth quarter 2024 financial results.
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Glenn Simpson, Chairman & CEO of EQUATOR Beverage Company, said "EQUATOR Beverage had its highest fourth quarter revenue. Driving revenue was a gain in shelf space and new points of sale. The
FINANCIAL HIGHLIGHTS FOR THE FOURTH QUARTER 2024
Revenue for the fourth quarter increased
This marks the fourth quarter of consecutive revenue growth year over year.
For the year ended December 31, 2024, revenue was
For the first two months of 2025, we expect revenue to be
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Contact:
Glenn Simpson Chairman & CEO
EQUATOR Beverage Company
917 574 1690
GlennSimpson@EquatorBeverage.Com
Symbol Ticker: MOJO
Website: www.equatorbeverage.com
Forward-Looking Statements
This press release contains forward-looking statements within the definition of Section 27A of the Securities Act of 1933, as amended and such section 21E of the Securities Act of 1934, amended. These forward-looking statements should not be used to make an investment decision. The words 'estimate,' 'possible' and 'seeking' and similar expressions identify forward-looking statements, which speak only as to the date the statement was made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risk.
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