2024 Q3 Form 10-Q Financial Statement

#000134176624000057 Filed on August 06, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2 2023 Q4
Revenue $265.7M $402.0M $347.4M
YoY Change -30.93% 23.35% 95.23%
Cost Of Revenue $143.5M $192.9M $181.2M
YoY Change -24.73% 15.57% 83.1%
Gross Profit $122.2M $209.1M $166.2M
YoY Change -37.02% 31.51% 110.42%
Gross Profit Margin 45.99% 52.02% 47.85%
Selling, General & Admin $125.4M $113.4M $106.6M
YoY Change 41.74% 20.35% -4.61%
% of Gross Profit 102.63% 54.21% 64.12%
Research & Development $300.0K $200.0K $700.0K
YoY Change -40.0% 0.0% 600.0%
% of Gross Profit 0.25% 0.1% 0.42%
Depreciation & Amortization $2.200M $1.200M $1.550M
YoY Change 214.29% 100.0% 175.31%
% of Gross Profit 1.8% 0.57% 0.93%
Operating Expenses $300.0K $200.0K $107.3M
YoY Change -40.0% 0.0% -3.98%
Operating Profit -$3.214M $94.25M $58.94M
YoY Change -103.29% 45.42% -280.0%
Interest Expense $11.11M $10.38M $8.842M
YoY Change 58.74% 123.68% 97.01%
% of Operating Profit 11.02% 15.0%
Other Income/Expense, Net $11.39M $10.38M
YoY Change 61.59% 123.68%
Pretax Income $8.175M $104.6M $67.79M
YoY Change -92.2% 50.65% -339.88%
Income Tax $1.819M $24.85M $17.67M
% Of Pretax Income 22.25% 23.75% 26.07%
Net Earnings $6.356M $79.78M $39.08M
YoY Change -92.43% 54.89% -238.82%
Net Earnings / Revenue 2.39% 19.85% 11.25%
Basic Earnings Per Share $0.00 $0.29
Diluted Earnings Per Share $0.00 $0.28 $0.16
COMMON SHARES
Basic Shares Outstanding 233.1M shares 233.1M shares 77.23M shares
Diluted Shares Outstanding 233.7M shares 237.6M shares

Balance Sheet

Concept 2024 Q3 2024 Q2 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $903.7M $903.2M $756.0M
YoY Change 18.91% 32.62% 23.09%
Cash & Equivalents $903.7M $903.2M $756.0M
Short-Term Investments $0.00
Other Short-Term Assets $53.38M $37.02M $33.63M
YoY Change 41.21% -1.33% -47.65%
Inventory $197.6M $180.7M $229.3M
Prepaid Expenses
Receivables $208.8M $262.9M $183.7M
Other Receivables $1.025M $1.166M $2.318M
Total Short-Term Assets $1.363B $1.385B $1.205B
YoY Change 12.21% 29.17% 31.26%
LONG-TERM ASSETS
Property, Plant & Equipment $38.37M $36.28M $24.87M
YoY Change 82.19% 128.3% 144.16%
Goodwill $14.36M $13.73M $14.17M
YoY Change 5.68% -1.49% 3.61%
Intangibles $11.88M $11.49M $12.14M
YoY Change 0.89% -5.9% -0.94%
Long-Term Investments $8.594M $6.653M $291.0K
YoY Change 2764.67% 2519.29% 10.65%
Other Assets $8.594M $6.653M $277.9M
YoY Change -96.96% -97.66% 5.66%
Total Long-Term Assets $340.9M $333.9M $331.5M
YoY Change 3.14% 2.11% 9.01%
TOTAL ASSETS
Total Short-Term Assets $1.363B $1.385B $1.205B
Total Long-Term Assets $340.9M $333.9M $331.5M
Total Assets $1.704B $1.719B $1.536B
YoY Change 10.27% 22.84% 25.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $30.90M $47.40M $42.80M
YoY Change -64.19% -24.52% 18.08%
Accrued Expenses $73.02M $79.63M $62.12M
YoY Change 109.98% 152.69% 225.56%
Deferred Revenue $9.513M $9.513M $9.513M
YoY Change 0.14% 0.14% -1.93%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.457M $61.00K $59.00K
YoY Change 1357.0% -8.96% -15.71%
Total Short-Term Liabilities $289.5M $313.0M $276.6M
YoY Change -13.73% 16.25% 71.5%
LONG-TERM LIABILITIES
Long-Term Debt $4.382M $228.0K $193.0K
YoY Change 4282.0% 55.1% 19.14%
Other Long-Term Liabilities $162.4M $163.2M $168.2M
YoY Change -4.43% -5.09% -6.62%
Total Long-Term Liabilities $166.7M $163.5M $168.4M
YoY Change -1.91% -5.04% -6.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $289.5M $313.0M $276.6M
Total Long-Term Liabilities $166.7M $163.5M $168.4M
Total Liabilities $456.2M $478.6M $447.9M
YoY Change -10.16% 7.88% 25.28%
SHAREHOLDERS EQUITY
Retained Earnings $131.3M $131.9M -$12.05M
YoY Change -311.21% -190.25% -94.95%
Common Stock $79.00K $78.00K $77.00K
YoY Change 2.6% 1.3% 1.32%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $423.6M $415.8M $264.0M
YoY Change
Total Liabilities & Shareholders Equity $1.704B $1.719B $1.536B
YoY Change 10.27% 22.84% 25.72%

Cashflow Statement

Concept 2024 Q3 2024 Q2 2023 Q4
OPERATING ACTIVITIES
Net Income $6.356M $79.78M $39.08M
YoY Change -92.43% 54.89% -238.82%
Depreciation, Depletion And Amortization $2.200M $1.200M $1.550M
YoY Change 214.29% 100.0% 175.31%
Cash From Operating Activities $12.93M $39.64M $5.172M
YoY Change -85.76% -32.86% -108.24%
INVESTING ACTIVITIES
Capital Expenditures $4.244M $9.214M $4.746M
YoY Change -28.07% 102.19% -0.86%
Acquisitions
YoY Change
Other Investing Activities -$3.000M $0.00 $33.00K
YoY Change
Cash From Investing Activities -$7.244M -$9.214M -$4.746M
YoY Change 22.78% 102.19% -0.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -5.902M -6.673M -6.279M
YoY Change 0.03% 0.53% -1.35%
NET CHANGE
Cash From Operating Activities 12.93M 39.64M 5.172M
Cash From Investing Activities -7.244M -9.214M -4.746M
Cash From Financing Activities -5.902M -6.673M -6.279M
Net Change In Cash -212.0K 23.76M -5.853M
YoY Change -100.27% -50.35% -92.08%
FREE CASH FLOW
Cash From Operating Activities $12.93M $39.64M $5.172M
Capital Expenditures $4.244M $9.214M $4.746M
Free Cash Flow $8.690M $30.43M $426.0K
YoY Change -89.76% -44.15% -100.63%

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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
652927000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Taxes Other
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<div style="margin-top:12pt;padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Significant Estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> — The preparation of consolidated financial statements and accompanying disclosures in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue and expenses and disclosure of contingent assets and liabilities at the date of the financial statements. Although these estimates are based on management's best knowledge of current events and actions that the Company may undertake in the future, actual results may differ from those estimates. Significant estimates include promotional allowance, the allowance for current expected credit losses, allowance for inventory obsolescence and sales returns, the useful lives of property and equipment, impairment of goodwill and intangibles, deferred taxes and related valuation allowance, and the valuation of stock-based compensation.</span></div>
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
903210000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
681054000 usd
us-gaap Taxes Other
TaxesOther
78170000 usd
us-gaap Taxes Other
TaxesOther
10033000 usd
CY2023Q4 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
3
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:12pt;padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Significant Estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> — The preparation of consolidated financial statements and accompanying disclosures in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue and expenses and disclosure of contingent assets and liabilities at the date of the financial statements. Although these estimates are based on management's best knowledge of current events and actions that the Company may undertake in the future, actual results may differ from those estimates. Significant estimates include promotional allowance, the allowance for current expected credit losses, allowance for inventory obsolescence and sales returns, the useful lives of property and equipment, impairment of goodwill and intangibles, deferred taxes and related valuation allowance, and the valuation of stock-based compensation.</span></div>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:12pt;padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Concentrations of Risk </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">— Substantially all of the Company’s revenue is derived from the sale of Celsius® functional energy drinks and liquid supplements.</span></div>
CY2024Q2 us-gaap Cash Uninsured Amount
CashUninsuredAmount
902700000 usd
CY2023Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
755500000 usd
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:12pt;padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Concentrations of Risk </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">— Substantially all of the Company’s revenue is derived from the sale of Celsius® functional energy drinks and liquid supplements.</span></div>
CY2024Q2 us-gaap Cash Uninsured Amount
CashUninsuredAmount
902700000 usd
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2024Q2 us-gaap Noncurrent Assets
NoncurrentAssets
49065000 usd
CY2023Q4 us-gaap Noncurrent Assets
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38710000 usd
CY2024Q2 celh State Beverage Container Deposit
StateBeverageContainerDeposit
11600000 usd
CY2023Q4 celh State Beverage Container Deposit
StateBeverageContainerDeposit
10100000 usd
CY2024Q2 celh Value Added Tax Payment
ValueAddedTaxPayment
2100000 usd
CY2023Q4 celh Value Added Tax Payment
ValueAddedTaxPayment
800000 usd
CY2024Q2 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
59400000 usd
CY2023Q2 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
36500000 usd
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
105900000 usd
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2024Q2 us-gaap Noncurrent Assets
NoncurrentAssets
49065000 usd
CY2023Q4 us-gaap Noncurrent Assets
NoncurrentAssets
38710000 usd
CY2024Q2 celh State Beverage Container Deposit
StateBeverageContainerDeposit
11600000 usd
CY2023Q4 celh State Beverage Container Deposit
StateBeverageContainerDeposit
10100000 usd
CY2024Q2 celh Value Added Tax Payment
ValueAddedTaxPayment
2100000 usd
CY2023Q4 celh Value Added Tax Payment
ValueAddedTaxPayment
800000 usd
CY2024Q2 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
59400000 usd
CY2023Q2 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
36500000 usd
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
105900000 usd
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
67500000 usd
CY2024Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
200000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
500000 usd
CY2024Q2 celh Exchange Losses
ExchangeLosses
300000 usd
CY2023Q2 celh Exchange Losses
ExchangeLosses
900000 usd
celh Exchange Losses
ExchangeLosses
600000 usd
celh Exchange Losses
ExchangeLosses
1000000.0 usd
CY2024Q2 us-gaap Foreign Currency Transaction Loss Before Tax
ForeignCurrencyTransactionLossBeforeTax
300000 usd
CY2023Q2 us-gaap Foreign Currency Transaction Loss Before Tax
ForeignCurrencyTransactionLossBeforeTax
600000 usd
us-gaap Foreign Currency Transaction Loss Before Tax
ForeignCurrencyTransactionLossBeforeTax
1700000 usd
us-gaap Foreign Currency Transaction Gain Before Tax
ForeignCurrencyTransactionGainBeforeTax
0 usd
CY2024Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
200000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
500000 usd
CY2024Q2 celh Exchange Losses
ExchangeLosses
300000 usd
CY2023Q2 celh Exchange Losses
ExchangeLosses
900000 usd
celh Exchange Losses
ExchangeLosses
600000 usd
celh Exchange Losses
ExchangeLosses
1000000.0 usd
CY2023Q2 us-gaap Foreign Currency Transaction Loss Before Tax
ForeignCurrencyTransactionLossBeforeTax
600000 usd
us-gaap Foreign Currency Transaction Loss Before Tax
ForeignCurrencyTransactionLossBeforeTax
1700000 usd
us-gaap Foreign Currency Transaction Gain Before Tax
ForeignCurrencyTransactionGainBeforeTax
0 usd
CY2024Q2 celh Freight Expense
FreightExpense
14200000 usd
CY2023Q2 celh Freight Expense
FreightExpense
14900000 usd
celh Freight Expense
FreightExpense
29100000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
79783000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
51509000 usd
us-gaap Net Income Loss
NetIncomeLoss
157594000 usd
us-gaap Net Income Loss
NetIncomeLoss
92736000 usd
CY2024Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
6838000 usd
CY2023Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
6856000 usd
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
13675000 usd
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
13637000 usd
CY2024Q2 us-gaap Undistributed Earnings
UndistributedEarnings
-6289000 usd
CY2023Q2 us-gaap Undistributed Earnings
UndistributedEarnings
-3890000 usd
us-gaap Undistributed Earnings
UndistributedEarnings
-12417000 usd
us-gaap Undistributed Earnings
UndistributedEarnings
-6898000 usd
CY2024Q2 celh Net Income Attributable To Common Shareholders
NetIncomeAttributableToCommonShareholders
66656000 usd
CY2023Q2 celh Net Income Attributable To Common Shareholders
NetIncomeAttributableToCommonShareholders
40763000 usd
celh Net Income Attributable To Common Shareholders
NetIncomeAttributableToCommonShareholders
131502000 usd
CY2024Q2 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
6289000 usd
CY2024Q2 celh Freight Expense
FreightExpense
14200000 usd
CY2023Q2 celh Freight Expense
FreightExpense
14900000 usd
celh Freight Expense
FreightExpense
28400000 usd
celh Freight Expense
FreightExpense
29100000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
79783000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
51509000 usd
us-gaap Net Income Loss
NetIncomeLoss
157594000 usd
us-gaap Net Income Loss
NetIncomeLoss
92736000 usd
CY2024Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
6838000 usd
CY2023Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
6856000 usd
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
13675000 usd
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
13637000 usd
CY2024Q2 us-gaap Undistributed Earnings
UndistributedEarnings
-6289000 usd
CY2023Q2 us-gaap Undistributed Earnings
UndistributedEarnings
-3890000 usd
us-gaap Undistributed Earnings
UndistributedEarnings
-12417000 usd
us-gaap Undistributed Earnings
UndistributedEarnings
-6898000 usd
CY2024Q2 celh Net Income Attributable To Common Shareholders
NetIncomeAttributableToCommonShareholders
66656000 usd
CY2023Q2 celh Net Income Attributable To Common Shareholders
NetIncomeAttributableToCommonShareholders
40763000 usd
celh Net Income Attributable To Common Shareholders
NetIncomeAttributableToCommonShareholders
131502000 usd
celh Net Income Attributable To Common Shareholders
NetIncomeAttributableToCommonShareholders
72201000 usd
CY2024Q2 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
6289000 usd
CY2023Q2 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
3890000 usd
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
12417000 usd
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
6898000 usd
CY2024Q2 celh Undistributed Earnings Loss Re Allocated To Participating Securities Diluted
UndistributedEarningsLossReAllocatedToParticipatingSecuritiesDiluted
6181000 usd
CY2023Q2 celh Undistributed Earnings Loss Re Allocated To Participating Securities Diluted
UndistributedEarningsLossReAllocatedToParticipatingSecuritiesDiluted
3795000 usd
celh Undistributed Earnings Loss Re Allocated To Participating Securities Diluted
UndistributedEarningsLossReAllocatedToParticipatingSecuritiesDiluted
12197000 usd
celh Undistributed Earnings Loss Re Allocated To Participating Securities Diluted
UndistributedEarningsLossReAllocatedToParticipatingSecuritiesDiluted
6727000 usd
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
66764000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
40858000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
131722000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
72372000 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
230277000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
6300000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
236577000 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.31
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.31
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
22000000.0 shares
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
22000000.0 shares
CY2024Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
22000000.0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
22000000.0 shares
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
401977000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
325883000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
757685000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
585822000 usd
CY2024Q2 celh Promotional Allowance
PromotionalAllowance
121400000 usd
CY2023Q2 celh Promotional Allowance
PromotionalAllowance
86400000 usd
celh Promotional Allowance
PromotionalAllowance
216400000 usd
celh Promotional Allowance
PromotionalAllowance
151900000 usd
CY2024Q2 celh Accrued Promotional Allowance
AccruedPromotionalAllowance
156500000 usd
CY2023Q4 celh Accrued Promotional Allowance
AccruedPromotionalAllowance
99800000 usd
CY2022Q3 celh Total Payment
TotalPayment
250000000 usd
celh Collaborative Arrangement Agreement Term
CollaborativeArrangementAgreementTerm
P50Y
celh Collaborative Arrangement Fixed Fees Term
CollaborativeArrangementFixedFeesTerm
P5Y
celh Royalty Fees
RoyaltyFees
6900000 usd
CY2023Q2 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
3890000 usd
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
12417000 usd
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
6898000 usd
CY2024Q2 celh Undistributed Earnings Loss Re Allocated To Participating Securities Diluted
UndistributedEarningsLossReAllocatedToParticipatingSecuritiesDiluted
6181000 usd
CY2023Q2 celh Undistributed Earnings Loss Re Allocated To Participating Securities Diluted
UndistributedEarningsLossReAllocatedToParticipatingSecuritiesDiluted
3795000 usd
celh Undistributed Earnings Loss Re Allocated To Participating Securities Diluted
UndistributedEarningsLossReAllocatedToParticipatingSecuritiesDiluted
12197000 usd
celh Undistributed Earnings Loss Re Allocated To Participating Securities Diluted
UndistributedEarningsLossReAllocatedToParticipatingSecuritiesDiluted
6727000 usd
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
66764000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
40858000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
131722000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
72372000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
233197000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
230277000 shares
CY2024Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
4398000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
236577000 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.31
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
22000000.0 shares
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
22000000.0 shares
CY2024Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
22000000.0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
22000000.0 shares
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
401977000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
325883000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
585822000 usd
CY2024Q2 celh Promotional Allowance
PromotionalAllowance
121400000 usd
CY2023Q2 celh Promotional Allowance
PromotionalAllowance
86400000 usd
celh Promotional Allowance
PromotionalAllowance
216400000 usd
celh Promotional Allowance
PromotionalAllowance
151900000 usd
CY2024Q2 celh Accrued Promotional Allowance
AccruedPromotionalAllowance
156500000 usd
CY2023Q4 celh Accrued Promotional Allowance
AccruedPromotionalAllowance
99800000 usd
CY2022Q3 celh Total Payment
TotalPayment
250000000 usd
celh Collaborative Arrangement Agreement Term
CollaborativeArrangementAgreementTerm
P50Y
celh Collaborative Arrangement Fixed Fees Term
CollaborativeArrangementFixedFeesTerm
P5Y
celh Royalty Fees
RoyaltyFees
6900000 usd
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
184434000 usd
CY2024Q2 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
34717000 usd
CY2023Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
49022000 usd
CY2024Q2 celh Less Inventory Allowance For Excess And Obsolete Products
LessInventoryAllowanceForExcessAndObsoleteProducts
4074000 usd
CY2024Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
150026000 usd
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
184434000 usd
CY2024Q2 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
34717000 usd
CY2023Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
49022000 usd
CY2024Q2 celh Less Inventory Allowance For Excess And Obsolete Products
LessInventoryAllowanceForExcessAndObsoleteProducts
4074000 usd
CY2023Q4 celh Less Inventory Allowance For Excess And Obsolete Products
LessInventoryAllowanceForExcessAndObsoleteProducts
4181000 usd
CY2024Q2 us-gaap Inventory Net
InventoryNet
180669000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
229275000 usd
CY2024Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
22900000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
19500000 usd
CY2024Q2 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
3395000 usd
CY2023Q4 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
3471000 usd
CY2024Q2 us-gaap Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
2229000 usd
CY2023Q4 us-gaap Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
1153000 usd
CY2024Q2 us-gaap Notes Receivable Net
NotesReceivableNet
1166000 usd
CY2023Q4 us-gaap Notes Receivable Net
NotesReceivableNet
2318000 usd
CY2024Q2 us-gaap Long Term Debt Term
LongTermDebtTerm
P5Y
CY2024Q2 celh Instalment Collateral Shares
InstalmentCollateralShares
60000 shares
CY2023Q4 celh Less Inventory Allowance For Excess And Obsolete Products
LessInventoryAllowanceForExcessAndObsoleteProducts
4181000 usd
CY2024Q2 us-gaap Inventory Net
InventoryNet
180669000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
229275000 usd
CY2024Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
22900000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
19500000 usd
CY2024Q2 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
3395000 usd
CY2023Q4 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
3471000 usd
CY2024Q2 us-gaap Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
2229000 usd
CY2023Q4 us-gaap Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
1153000 usd
CY2024Q2 us-gaap Notes Receivable Net
NotesReceivableNet
1166000 usd
CY2023Q4 us-gaap Notes Receivable Net
NotesReceivableNet
2318000 usd
CY2024Q2 us-gaap Long Term Debt Term
LongTermDebtTerm
P5Y
CY2024Q2 celh Instalment Collateral Shares
InstalmentCollateralShares
60000 shares
CY2024Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6872000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4650000 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
36282000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
24868000 usd
CY2024Q2 us-gaap Depreciation
Depreciation
1200000 usd
CY2023Q2 us-gaap Depreciation
Depreciation
600000 usd
us-gaap Depreciation
Depreciation
2300000 usd
us-gaap Depreciation
Depreciation
1000000.0 usd
CY2024Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6872000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4650000 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
36282000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
24868000 usd
CY2024Q2 us-gaap Depreciation
Depreciation
1200000 usd
CY2023Q2 us-gaap Depreciation
Depreciation
600000 usd
us-gaap Depreciation
Depreciation
2300000 usd
us-gaap Depreciation
Depreciation
1000000.0 usd
CY2024Q2 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
13700000 usd
CY2024Q2 us-gaap Finite Lived Customer Relationships Gross
FiniteLivedCustomerRelationshipsGross
13467000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2424000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2233000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
11043000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
11678000 usd
CY2024Q2 celh Brands Total Carrying Amount
BrandsTotalCarryingAmount
448000 usd
CY2023Q4 celh Brands Total Carrying Amount
BrandsTotalCarryingAmount
461000 usd
CY2024Q2 celh Total Intangibles
TotalIntangibles
11491000 usd
CY2023Q4 celh Total Intangibles
TotalIntangibles
12139000 usd
CY2024Q2 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P25Y
CY2024Q2 us-gaap Amortization Of Intangible Assets
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CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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CY2024Q2 us-gaap Stock Issued During Period Shares Stock Options Exercised
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
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CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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210269000 usd
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CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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CY2024Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
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210269000 usd
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CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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CY2024Q2 us-gaap Stock Issued During Period Shares Stock Options Exercised
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100000 shares
CY2023Q1 us-gaap Loss Contingency Damages Sought Value
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CY2023Q1 celh Reducing Award Damages Value
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2100000 usd
CY2023Q1 celh Post Judgment Interest
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0.0552
CY2024Q2 celh Contingent Commitment To Third Parties
ContingentCommitmentToThirdParties
82000000.0 usd
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ContingentCommitmentToThirdParties
55300000 usd
CY2024Q2 us-gaap Contractual Obligation
ContractualObligation
45700000 usd
CY2023Q4 us-gaap Contractual Obligation
ContractualObligation
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CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
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CY2023Q1 us-gaap Loss Contingency Damages Sought Value
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CY2023Q1 celh Reducing Award Damages Value
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CY2024Q2 celh Contingent Commitment To Third Parties
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ContingentCommitmentToThirdParties
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CY2024Q2 us-gaap Contractual Obligation
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false

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