earnings
confidence high
sentiment positive
materiality 0.65
Equator Beverage Q3 revenue up 57% to $1.06M; net income $70K vs loss year ago
EQUATOR Beverage Co
2024-Q3 EPS reported
-$0.01
revenue$2,547,620
- Revenue of $1,061,539 (+57% YoY); gross profit $357,071 (+16% YoY).
- Net income $70,449 compared to net loss of ($53,911) in Q3 2023, a $124,360 swing.
- Gross margin 34% despite 300% increase in ocean freight costs.
- CEO cites grocery shelf space gains and new points of sale as growth drivers.
- Trailing 12-month revenue $3,055,727, up from $2,131,819 prior-year period.