earnings
confidence high
sentiment positive
materiality 0.55
Equator Beverage Q3 net revenue up 23% YoY to $675,947; taxable income turns positive
EQUATOR Beverage Co
2024-Q3 EPS reported
$0.00
revenue$1,780,059
- Net revenue $675,947 vs $548,973 in Q3 2022, a 23% increase.
- Gross margin $308,685 (46% of revenue), up $140,576 YoY.
- Taxable income $75,717, an improvement of $81,465 from a loss last year.
- Commenced shipments to 900 new retail stores; authorized for 950 additional stores.
- Company continues to seek share repurchase opportunities.