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

+31.63%

+31.63% Session close to close

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.

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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 18% to $961,484, compared with $817,748 in the first quarter of 2025, driven by expanded distribution and sustained demand across the Company's product portfolio.

Net income rose to $185,712, more than doubling from $84,034 in the prior-year period.

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

FAQ

What were EQUATOR (MOJO) Q1 2026 revenue and net income figures announced April 14, 2026?

Q1 2026 revenue was $961,484 and net income was $185,712, representing year-over-year improvement. According to the company, revenue rose 18% versus Q1 2025 and net income more than doubled from $84,034, driven by expanded distribution and sustained demand.

Why is EQUATOR (MOJO) doing share repurchases after Q1 2026 results?

The company is repurchasing shares because it believes the stock is undervalued relative to peers and fundamentals. According to the company, opportunistic repurchases will continue until valuation better aligns with financial performance and peer benchmarks.

Does EQUATOR (MOJO) claim profitability among OTC nonalcoholic beverage peers in 2026?

Yes, the company states it is currently the only profitable OTC nonalcoholic beverage company in its category. According to the company, this distinction differentiates its position within the sector and supports its valuation view.

How did EQUATOR (MOJO) explain drivers of the 18% revenue growth in Q1 2026?

The company attributes the 18% revenue increase to expanded distribution and sustained product demand across its portfolio. According to the company, these operational factors fueled top-line growth compared with Q1 2025.

What does Q1 2026 financial scale mean for EQUATOR (MOJO) investors?

Q1 results show improving profitability but small absolute scale, with revenue under $1.0M. According to the company, growth momentum exists, yet investors should note the company’s limited revenue base while monitoring execution and repurchase activity.