secwatch.observer — SEC 8-K summary
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Issuer:     EQUATOR Beverage Co (MOJO)
CIK:        0001414953
Form:       8-K
Filed at:   2023-09-07T23:59:59+00:00
Accession:  0001477932-23-006708
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1414953/000147793223006708/0001477932-23-006708-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1414953/000147793223006708/mojo_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-23-006708

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