Equator Beverage revenue up 53% to $450K for July-August 2023; taxable income turns positive

EQUATOR Beverage Co

Net revenue $450,392 for July 1 - Aug 31, 2023, up 53% from $293,707 same period last year.
Gross margin improved to 47% of revenue ($211,988) from 39% a year ago.
Taxable income of $52,706 vs a loss of $2,976; net loss narrowed to $15,006 from $23,492.
New product line 'EQ Wtr' alkaline water (pH 8.5) in 12 oz slim aluminum cans; sparkling variant also planned.
Company continues to seek opportunities to repurchase shares of common stock (MOJO).

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