Equator Beverage Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 12, 2022 at 12:30 am IST
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Equator Beverage Company reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 0.548973 million compared to USD 0.477013 million a year ago. Net loss was USD 0.033348 million compared to USD 0.001824 million a year ago.
For the nine months, sales was USD 1.47 million compared to USD 1.5 million a year ago. Net loss was USD 0.171554 million compared to net income of USD 0.091991 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to basic earnings per share from continuing operations of USD 0.01 a year ago.
EQUATOR Beverage Company is a beverage company. The Company specializes in developing, producing, distributing, and marketing beverage products. The Company's flagship product is MOJO Coconut Water. In addition to Coconut Water, the Company produces Coconut Water + Pineapple Juice, Organic Coconut Water, Sparkling Coconut Water Citrus, Sparkling Coconut Water Blood Orange, Sparkling Coconut Water Pink Grapefruit, Energy Sparkling Citrus, Energy Sparkling Blood Orange, Energy Sparkling Pink Grapefruit, Cubano Blue Agave Tequila Organic Sparkling Coconut Water Citrus and Cubano Blue Agave Tequila Organic Sparkling Coconut Water Blood Orange. The Company's beverages are Non-GMO Project Verified, and USDA Organic. It produces both non-alcoholic and ready to drink alcoholic beverages. It also has a line of sparkling energy beverages that are focused on the female consumer. The Companyâs beverages are available in North America, the Caribbean and Bermuda.
EQUATOR BEVERAGE COMPANY 