Equator Beverage Q2 net income turns positive; July revenue up 94%

EQUATOR Beverage Co

Q2 2023 net revenue $588,478, up 9% YoY from $541,102.
Gross margin improved to 48% of revenue vs 35% in Q2 2022.
Net income $18,830 vs net loss of $2,827 in Q2 2022.
July 2023 revenue $232,749, up 94% YoY; net income $3,412 vs loss $6,859.
Company will continue share repurchases this year.

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