earnings
confidence high
sentiment positive
materiality 0.75
Coffee Holding posts FY2024 net income of $2.2M vs loss; sales up 15% YoY
COFFEE HOLDING CO INC
2025-Q1 EPS reported
$0.20
revenue$21,305,285
- Net income $2.245M ($0.39 per share) vs net loss of $0.836M (-$0.15) in FY2023.
- Net sales increased 15% year-over-year; gross margin expanded to 20% from 16%.
- CEO cites high coffee prices and integrated product mix as drivers; expects tailwind into FY2025.
- Reduced debt load and renegotiated lease to save ~$72K annually.