EQUATOR Beverage Company reported a significant increase in financial performance for the first quarter of 2025, with revenues reaching $817,748, marking a 28% increase from $640,653 in the same period of 2024. The company also achieved a net income of $84,034, a notable turnaround from a net loss of $103,020 in the prior year. This improvement in profitability is attributed to strong demand across all product lines, despite a slight increase in the cost of revenue, which rose to 61% of total revenue due to higher ocean freight costs.
The company's total assets as of March 31, 2025, stood at $1,009,080, a substantial increase from $576,162 at the end of 2024. Current assets also saw a significant rise, primarily driven by increases in cash and inventory levels. Cash and cash equivalents surged to $124,932 from $22,799, while inventory levels increased to $485,924 from $219,388. On the liabilities side, current liabilities rose to $587,905, up from $239,861, largely due to increased accounts payable and related party loans.
In terms of operational developments, EQUATOR Beverage Company continues to focus on expanding its product offerings and market presence. The company has maintained a commitment to sustainability, utilizing 100% recyclable packaging for its beverages, which include a variety of coconut water products and sparkling energy drinks. As of March 31, 2025, the company had two employees and relied on third-party contractors and bottlers for production and distribution, reflecting a lean operational model.
Looking ahead, EQUATOR Beverage Company is optimistic about its growth trajectory, with plans to further expand its distribution network and product lines. The company indicated that it may seek additional funding to support its working capital needs as revenue continues to grow. The management remains focused on innovation and adapting to changing consumer preferences, which are critical for maintaining market share in the competitive beverage industry. The company’s stock is traded on the OTCQB under the symbol MOJO, and it has not declared any cash dividends, with future payments dependent on financial performance and capital requirements.
About EQUATOR Beverage Co
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