Mission Produce Q4 net income $17.3M, revenue $354.4M; guides Q1 pricing +20% YoY

Mission Produce, Inc.

2024-FY EPS reported $0.52 revenue$1,234,700,000

Q4 total revenue $354.4M (+37% YoY); net income $17.3M ($0.24 diluted) vs $4.0M ($0.06) prior year.
Adjusted EBITDA $36.9M (+113% YoY); full-year adjusted EBITDA $107.8M (+123% YoY).
Marketing & Distribution segment net sales $319.6M (+35%), segment adjusted EBITDA $25.6M (+137%).
Blueberries segment sales $31.6M (+62%), adjusted EBITDA $8.6M (+59%).
Guides Q1 FY2025 avocado pricing ~+20% YoY, blueberry pricing ~-30% YoY; capex $50-55M.

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