EQUATOR Beverage Company Reports First Quarter 2025 Financial Results

Rhea-AI Summary

EQUATOR Beverage Company (OTCQB: MOJO) reported strong Q1 2025 financial results, with revenue increasing 28% to $817,748 compared to the previous year. Gross profit rose 19% to $320,743, maintaining a 39% gross margin. The company's growth was driven by expanded grocery store shelf space and online sales, marking its fifth consecutive quarter of year-over-year revenue growth. The trailing 12-month revenue reached $3,424,008, up from $2,413,292 in the previous year. April and May 2025 revenue showed continued momentum, up 35% to $781,132. Additionally, the company demonstrated confidence in its value by repurchasing 150,000 shares in Q2 2025, bringing total repurchases to 1,868,934 shares, with commitment to continue the buyback program.

Positive

• Revenue increased 28% year-over-year to $817,748 in Q1 2025
• Gross profit grew 19% to $320,743 with healthy 39% margin
• Fifth consecutive quarter of year-over-year revenue growth
• Strong momentum continues with April-May 2025 revenue up 35%
• Active share buyback program with 1,868,934 shares repurchased to date

Negative

• None.

First quarter revenue of $817,748, up 28% year over year

First quarter gross profit of $320,743, up 19% year over year

Jersey City, New Jersey--(Newsfile Corp. - June 4, 2025) - EQUATOR Beverage Company (OTCQB: MOJO), maker of MOJO Energy and MOJO Coconut Water premium lifestyle functional beverages today reported record first quarter 2025 financial results.

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Glenn Simpson, Chairman & CEO of EQUATOR Beverage Company, said "EQUATOR Beverage had its highest first quarter revenue. Driving revenue was a gain in shelf space and new points of sale. The $320,743 first quarter gross profit reflects a balanced and disciplined approach to growth."

FINANCIAL HIGHLIGHTS FOR THE FIRST QUARTER 2025

Revenue for the first quarter increased 28% to $817,748 compared to $640,653 for the prior-year, driven primarily by grocery store shelf space increases and online sales. We saw sustaining consumer demand growth, and overall channel growth. Same stores growth was also up year over year. Gross profit for the first quarter of 2025 increased to $320,743 compared to $270,583 for the prior-year. Gross profit as a percentage of revenue was 39% for the three months ended March 31, 2025.

This marks the fifth quarter of consecutive revenue growth year over year.

The trailing 2025 12-month revenue was $3,424,008 compared to $2,413,292 for the same period last year.

For April and May 2025, revenue was $781,132, up 35% from the same period last year.

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During the second quarter of 2025, EQUATOR Beverage Company repurchased 150,000 shares of its outstanding common stock.

The company has repurchased a total of 1,868,934 shares and remains committed to continuing its buyback program until the stock price accurately reflects the company's strong performance and long-term value.

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Contact:
Glenn Simpson Chairman & CEO
EQUATOR Beverage Company
917 574 1690
GlennSimpson@EquatorBeverage.com
Symbol Ticker: MOJO
Website: www.equatorbeverage.com

Forward-Looking Statements

This press release contains forward-looking statements within the definition of Section 27A of the Securities Act of 1933, as amended and such section 21E of the Securities Act of 1934, amended. These forward-looking statements should not be used to make an investment decision. The words 'estimate,' 'possible' and 'seeking' and similar expressions identify forward-looking statements, which speak only as to the date the statement was made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risk.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/254459

FAQ

What was EQUATOR Beverage Company's (MOJO) revenue growth in Q1 2025?

EQUATOR Beverage Company reported Q1 2025 revenue growth of 28%, reaching $817,748 compared to $640,653 in the previous year.

How many consecutive quarters of growth has MOJO stock reported?

EQUATOR Beverage Company has reported five consecutive quarters of year-over-year revenue growth.

What is EQUATOR Beverage's (MOJO) gross profit margin for Q1 2025?

EQUATOR Beverage Company maintained a gross profit margin of 39% for Q1 2025, with gross profit reaching $320,743.

How many shares has EQUATOR Beverage (MOJO) repurchased in its buyback program?

EQUATOR Beverage Company has repurchased a total of 1,868,934 shares, including 150,000 shares during Q2 2025.

What is driving EQUATOR Beverage's (MOJO) revenue growth?

The company's revenue growth is primarily driven by increased grocery store shelf space, online sales growth, and sustained consumer demand growth.