EQUATOR Beverage Company Reports First Quarter 2026 Financial Results
Rhea-AI Summary
EQUATOR Beverage Company (OTCQB: MOJO) reported Q1 2026 results for the quarter ended March 31, 2026, showing revenue of $961,484 (up 18% vs. Q1 2025) and net income of $185,712 (more than double prior-year $84,034).
The company cited expanded distribution, sustained demand, plans for opportunistic share repurchases, and a claim of being the only profitable OTC nonalcoholic beverage company in its category.
Positive
- Revenue +18% to $961,484 in Q1 2026
- Net income doubled to $185,712 versus $84,034 in Q1 2025
- Board plans share repurchases to address undervaluation
Negative
- Absolute scale remains small; revenue below $1.0M could limit liquidity and market attention
- Market valuation discount persists, prompting repurchase program rather than operational guidance change
News Market Reaction – MOJO
In the Apr 14 session, MOJO gained 31.63%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Jersey City, New Jersey--(Newsfile Corp. - April 14, 2026) - EQUATOR Beverage Company (OTCQB: MOJO) ("EQUATOR" or the "Company"), a developer and distributor of premium functional beverages, today reported financial results for the quarter ended March 31, 2026, highlighted by continued revenue growth and improved profitability.
Revenue increased
Net income rose to
Selected First Quarter Financial Data:
"We are pleased with our strong start to 2026, marked by continued revenue growth and operating momentum," said Glenn Simpson, Chairman and Chief Executive Officer. "Following a transformative 2025, we remain focused on scaling the business efficiently while continuing to invest in long-term growth opportunities."
Based on full-year 2025 results and first-quarter 2026 performance, management believes the Company's shares are trading at a substantial and unwarranted discount relative to both its peer group and underlying fundamentals. The Company's consistent operational execution, including revenue growth and advancement of key strategic initiatives, underscores the strength and durability of its business model.
Management does not believe the current market valuation reflects these fundamentals and remains committed to disciplined execution to drive long-term shareholder value. The Company intends to continue opportunistic share repurchases until its valuation more appropriately aligns with its financial performance and peer benchmarks.
EQUATOR also believes it is currently the only profitable over-the-counter (OTC), nonalcoholic beverage company in its category, further distinguishing its position within the sector.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied.
About EQUATOR Beverage Company
EQUATOR Beverage Company (OTCQB: MOJO) develops, produces, and distributes premium functional beverages.
Information: www.equatorbeverage.com
Glenn Simpson
Chairman and Chief Executive Officer
EQUATOR Beverage Company
glennsimpson@equatorbeverage.com
917 574 1690
Source: EQUATOR Beverage Company
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292390
