Financial Snapshot

Revenue
$494.9M
TTM
Gross Margin
39.83%
TTM
Net Earnings
$59.36M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
328.45%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$252.1M
Q3 2024
Cash
Q3 2024
P/E
35.00
Nov 29, 2024 EST
Free Cash Flow
$72.21M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $493.6M $427.8M $379.5M $310.6M $283.9M
YoY Change 15.39% 12.72% 22.17% 9.4%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $493.6M $427.8M $379.5M $310.6M $283.9M
Cost Of Revenue $312.9M $324.4M $266.4M $205.8M $191.0M
Gross Profit $180.7M $103.4M $113.1M $104.9M $92.99M
Gross Profit Margin 36.61% 24.16% 29.81% 33.76% 32.75%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $124.2M $100.3M $88.56M $74.40M $78.92M
YoY Change 23.86% 13.26% 19.03% -5.72%
% of Gross Profit 68.74% 97.04% 78.27% 70.95% 84.87%
Research & Development $418.0K $541.0K $477.0K $313.0K $642.0K
YoY Change -22.74% 13.42% 52.4% -51.25%
% of Gross Profit 0.23% 0.52% 0.42% 0.3% 0.69%
Depreciation & Amortization $660.0K $681.0K $849.0K $905.0K $846.0K
YoY Change -3.08% -19.79% -6.19% 6.97%
% of Gross Profit 0.37% 0.66% 0.75% 0.86% 0.91%
Operating Expenses $124.2M $100.3M $88.56M $58.00M $79.62M
YoY Change 23.86% 13.26% 52.69% -27.15%
Operating Profit $56.49M $3.055M $24.59M $46.86M $13.37M
YoY Change 1749.2% -87.58% -47.52% 250.44%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $31.00K $258.0K $360.0K $791.0K $1.163M
YoY Change -87.98% -28.33% -54.49% -31.99%
% of Operating Profit 0.05% 8.45% 1.46% 1.69% 8.7%
Other Income/Expense, Net $1.427M $7.786M -$360.0K -$3.257M -$1.970M
YoY Change -81.67% -2262.78% -88.95% 65.33%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income $57.92M $10.84M $24.23M $43.60M $11.40M
YoY Change 434.27% -55.26% -44.43% 282.42%
Income Tax $11.29M $3.027M $5.237M $10.91M $1.979M
% Of Pretax Income 19.49% 27.92% 21.61% 25.03% 17.36%
Net Earnings $46.63M $7.814M $19.02M $32.66M $9.417M
YoY Change 496.74% -58.91% -41.78% 246.82%
Net Earnings / Revenue 9.45% 1.83% 5.01% 10.51% 3.32%
Basic Earnings Per Share $0.83 $0.14 $0.35 $0.56 $0.17
Diluted Earnings Per Share $0.79 $0.14 $0.35 $0.56 $0.16

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $132.5M $20.13M $28.69M $72.18M $36.74M
YoY Change 558.34% -29.83% -60.25% 96.46%
Cash & Equivalents $132.5M $19.63M $28.69M $72.18M $36.74M
Short-Term Investments $0.00 $503.0K
Other Short-Term Assets $13.29M $13.11M $12.62M $10.27M $4.953M
YoY Change 1.36% 3.89% 22.95% 107.27%
Inventory $50.76M $84.12M $75.36M $31.97M $36.91M
Prepaid Expenses
Receivables $58.72M $53.69M $49.82M $32.63M $31.43M
Other Receivables $7.637M $3.871M $6.765M $12.10M $2.975M
Total Short-Term Assets $262.9M $174.9M $173.3M $159.1M $113.0M
YoY Change 50.32% 0.96% 8.87% 40.82%
Property, Plant & Equipment $3.542M $4.755M $2.473M $2.880M $3.399M
YoY Change -25.51% 92.28% -14.13% -15.27%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $11.41M $10.29M $6.027M $4.889M $11.43M
YoY Change 10.87% 70.78% 23.28% -57.22%
Total Long-Term Assets $22.75M $22.84M $24.23M $24.71M $33.08M
YoY Change -0.41% -5.72% -1.98% -25.29%
Total Assets $285.7M $197.8M $197.5M $183.9M $146.1M
YoY Change
Accounts Payable $21.83M $15.91M $28.34M $15.84M $12.84M
YoY Change 37.18% -43.86% 78.94% 23.31%
Accrued Expenses $49.13M $35.91M $37.99M $30.89M $21.74M
YoY Change 36.81% -5.47% 22.95% 42.13%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $13.00K $23.00K $28.00K $22.00K $4.020M
YoY Change -43.48% -17.86% 27.27% -99.45%
Total Short-Term Liabilities $82.59M $54.35M $73.96M $55.71M $42.14M
YoY Change 51.96% -26.52% 32.77% 32.19%
Long-Term Debt $13.00K $25.00K $48.00K $25.03M $12.93M
YoY Change -48.0% -47.92% -99.81% 93.6%
Other Long-Term Liabilities $647.0K $2.293M $301.0K $481.0K $17.04M
YoY Change -71.78% 661.79% -37.42% -97.18%
Total Long-Term Liabilities $660.0K $2.318M $349.0K $25.52M $29.97M
YoY Change -71.53% 564.18% -98.63% -14.87%
Total Liabilities $83.25M $56.66M $74.31M $81.64M $72.34M
YoY Change 46.91% -23.75% -8.98% 12.85%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 56.43M shares 55.73M shares 53.69M shares 58.50M shares 56.97M shares
Diluted Shares Outstanding 58.75M shares 56.12M shares 54.19M shares 58.61M shares 57.15M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $2.0775 Billion

About Vita Coco Company, Inc.

The Vita Coco Co., Inc. produces, supplies and distributes coconut water. The company is headquartered in New York City, New York and currently employs 294 full-time employees. The company went IPO on 2021-10-21. The Company’s brands include the coconut water, Vita Coco; clean energy drink Runa; sustainable enhanced water, Ever & Ever; and protein-infused water, PWR LIFT. Its branded portfolio is led by its Vita Coco brand, which is engaged in the coconut water category in the United States, and also includes coconut oil, juice, and milk offerings. The company supplies private label products to retailers in both the coconut water and coconut oil categories. Additionally, the Company is also engaged in bulk product sales to beverage and food companies. Its Americas segment comprised of its operations primarily in the United States and Canada and the International segment comprised of operations primarily in Europe, the Middle East, Africa, and the Asia Pacific regions. The Company’s products are distributed primarily through club, food, drug, mass, convenience, e-commerce, and foodservice channels.

Industry: Beverages Peers: ALKALINE WATER Co INC RushNet, Inc. Celsius Holdings, Inc. Coca-Cola Consolidated, Inc. COCA COLA CO Monster Beverage Corp JONES SODA CO NATIONAL BEVERAGE CORP Zevia PBC