{"schema_version":"secwatch.filing_event.v1","accession":"0001482981-23-000011","form_type":"8-K","ticker":"COCO","cik":"0001482981","company_name":"Vita Coco Company, Inc.","filed_at":"2023-03-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.189058+00:00","generated_at":"2026-06-18T08:23:47.637764+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Vita Coco reports FY2022 net sales $428M (+13%); guides 2023 Adj. EBITDA $52-58M","bullets":["Q4 net sales $92M (+6% YoY); net loss $(3M); Adjusted EBITDA $4M vs $1M prior year.","FY2022 net sales $428M (+13%) driven by Vita Coco Coconut Water growth of 18%; net income $8M ($0.14 diluted EPS) vs $19M ($0.35).","Full-year gross margin 24.2% vs 29.8% due to higher transport costs; Q4 included $7M non-cash impairment of Runa intangibles.","FY2023 guidance: net sales growth 9-11%; gross margin 32-34%; Adjusted EBITDA $52-58M (up from $20M in 2022).","Expect significant cost of goods improvements in 2023; first quarter gross margin approaching 30%."],"urls":{"canonical":"https://secwatch.observer/filing/0001482981-23-000011","json":"https://secwatch.observer/filing/0001482981-23-000011.json","markdown":"https://secwatch.observer/filing/0001482981-23-000011.md","text":"https://secwatch.observer/filing/0001482981-23-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1482981/000148298123000011/0001482981-23-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1482981/000148298123000011/coco-20230308.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T08:23:47.637764+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b63e3b08a15fb79ea52f0b37f6154fb6a5ef52ff","claim":"Vita Coco Company, Inc. reported the fourth quarter and full year ended December 31, 2022 results: revenue Net sales grew 13% to $428 million, net income Net income attributable to shareholders was $8 million, EPS $0.14 per diluted share.","evidence_excerpt":"The Vita Coco Company Reports Fourth Quarter and Full Year 2022 Financial Results Full Year Net Sales Increased 13% to $428 million Driven by Vita Coco Coconut Water Growth of 18% Full Year Net Income of $8 million and Full Year Non-GAAP Adjusted EBITDA 1 of $20 million Consistent with Guidance For Fiscal Year 2023, Expect Significant Cost of Goods Improvements and Adjusted EBITDA 2 between $52-58 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1482981/000148298123000011/0001482981-23-000011-index.htm","confidence":0.73,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and full year ended December 31, 2022"},{"label":"Revenue","value":"Net sales grew 13% to $428 million"},{"label":"Net income","value":"Net income attributable to shareholders was $8 million"},{"label":"EPS","value":"$0.14 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}