Coffee Holding Co. Reports 16% Revenue Growth to $44.6 Million in Latest Filing

Coffee Holding Co., Inc. reported significant financial growth in its latest 10-Q filing for the six months ending April 30, 2025. The company achieved net sales of $44.6 million, a 16% increase from $38.5 million in the same period last year. Gross profit also rose to $10.2 million, compared to $7.2 million in the prior year, reflecting a gross margin improvement driven by higher sales volumes and effective cost management. The net income for the six-month period was $1.8 million, up from $329,183 in the previous year, resulting in basic and diluted earnings per share of $0.31, compared to $0.06 in the same period last year.

The company’s balance sheet showed a notable increase in total assets, which rose to $39.7 million from $34 million as of October 31, 2024. Current assets increased to $32.3 million, primarily due to higher cash and cash equivalents, which reached $1.8 million, and a rise in accounts receivable and inventories. Total liabilities also increased significantly to $11.8 million, largely due to the establishment of a $3 million line of credit and an increase in lease liabilities. Stockholders' equity improved to $28 million, reflecting retained earnings growth from the current period's net income.

Operationally, Coffee Holding Co. has made strategic moves, including the acquisition of Second Empire, which cost $800,000. This acquisition is expected to enhance the company’s product offerings and market reach. The company continues to focus on its three main product lines: wholesale green coffee, private label coffee, and branded coffee, which collectively serve a diverse customer base across the United States and select international markets. The company reported an increase in sales across all product lines, with green coffee sales rising to $18.3 million and packaged coffee sales reaching $26.4 million for the six months ended April 30, 2025.

In terms of operational metrics, Coffee Holding Co. has maintained a stable employee headcount, with no significant changes reported. The company’s customer base remains robust, with continued engagement from supermarkets, wholesalers, and coffee shop operators. The company’s management expressed confidence in its ability to navigate market conditions and maintain compliance with financial covenants associated with its line of credit, which is due in June 2026. The outlook remains positive, with expectations for continued revenue growth driven by strategic initiatives and market demand for coffee products.

Overall, Coffee Holding Co., Inc. has demonstrated strong financial performance and strategic growth initiatives in its latest reporting period, positioning itself well for future opportunities in the coffee market.