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MOJO (Equator Beverage Co) Gross Profit : $1.23 Mil (TTM As of Dec. 2024)


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What is Equator Beverage Co Gross Profit?

Equator Beverage Co's gross profit for the three months ended in Dec. 2024 was $0.26 Mil. Equator Beverage Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $1.23 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Equator Beverage Co's gross profit for the three months ended in Dec. 2024 was $0.26 Mil. Equator Beverage Co's Revenue for the three months ended in Dec. 2024 was $0.70 Mil. Therefore, Equator Beverage Co's Gross Margin % for the quarter that ended in Dec. 2024 was 37.20%.

Equator Beverage Co had a gross margin of 37.20% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Equator Beverage Co was 47.91%. The lowest was -178.79%. And the median was 44.24%.

Warning Sign:

Equator Beverage Co gross margin has been in long-term decline. The average rate of decline per year is -4.5%.


Equator Beverage Co Gross Profit Historical Data

The historical data trend for Equator Beverage Co's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Equator Beverage Co Gross Profit Chart

Equator Beverage Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.85 0.63 1.01 1.23

Equator Beverage Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 0.27 0.34 0.36 0.26

Competitive Comparison of Equator Beverage Co's Gross Profit

For the Beverages - Non-Alcoholic subindustry, Equator Beverage Co's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Equator Beverage Co's Gross Profit Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Equator Beverage Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Equator Beverage Co's Gross Profit falls into.


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Equator Beverage Co Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Equator Beverage Co's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=3.247 - 2.017
=1.23

Equator Beverage Co's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=0.699 - 0.439
=0.26

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.23 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Equator Beverage Co's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.26 / 0.699
=37.20 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Equator Beverage Co  (OTCPK:MOJO) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Equator Beverage Co had a gross margin of 37.20% for the quarter that ended in Dec. 2024 => Competition eroding margins


Equator Beverage Co Gross Profit Related Terms

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Equator Beverage Co Business Description

Traded in Other Exchanges
N/A
Address
185 Hudson Street, Floor 25, Jersey City, NJ, USA, 07302
Equator Beverage Co is engaged in developing, producing, distributing, and marketing new beverage products. Its beverages have been certified Non-GMO Project Verified and USDA Organic, and It offers both nonalcoholic and ready-to-drink alcoholic options. In addition, It has a line of sparkling energy beverages targeted towards female consumers. Its beverages can be found in North America, the Caribbean, and Bermuda. It is committed to sustainability and use 100 percent recyclable, eco-friendly packaging that has a minimal impact on the environment. Furthermore, its products are plant-based, renewable, and eco-friendly. Coconut water is nature's hydration drink for the skin and body. In each 11 oz serving there are five essential electrolytes totaling 1043 mg more than other sports drinks.
Executives
Peter Spinner director, 10 percent owner, officer: Chief Operating Officer 101 HUDSON STREET, 21ST FLOOR, JERSEY CITY NJ 07302
Robert Kaufman director C/O MOJO ORGANICS, INC., 101 HUDSON STREET, 21ST FLOOR, JERSEY CITY NJ 07302
Jeffrey Devlin director 875 NORTH MICHIGAN AVENUE, 2929, CHICAGO IL 60611
Glenn Simpson director, 10 percent owner, officer: Chief Executive Officer 101 HUDSON STREET, 21ST FLOOR, JERSEY CITY NJ 07302
Richard X. Seet director 101 HUDSON STREET, 21ST FLOOR, JERSEY CITY NJ 07302