Mission Produce, Inc.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Net sales $883.3m $862.3m $891.7m $1.0b $953.9m $1.2b $1.4b
Cost of sales $728.6m $737.7m $767.2m $956.1m $870.6m $1.1b $1.2b
Gross profit $154.7m $124.6m $124.5m $89.8m $83.3m $152.5m $160.7m
Operating income $106.5m $68.4m $60.9m ($37.2m) $6.9m $65.7m $65.2m
Equity method income $3.4m $4.0m $7.5m $5.1m $4.0m $3.7m $5.4m
Income (loss) before income taxes $96.0m $43.8m $66.0m ($31.2m) ($900k) $60.4m $61.9m
Provision for income taxes $24.3m $15.0m $21.1m $3.7m $2.2m $18.6m $21.4m
Net income (loss) $71.7m $28.8m $44.9m ($34.9m) ($3.1m) $41.8m $40.5m
Net income (loss) attributable to Mission Produce $71.7m $28.8m $44.9m ($34.6m) ($2.8m) $36.7m $37.7m
Net income (loss) attributable to noncontrolling interest $0 $0 $300k ($300k) $5.1m $2.8m
Basic (in dollars per share) $1.13 $0.45 $0.64 ($0.49) ($0.04) $0.52 $0.53
Diluted (in dollars per share) $1.13 $0.45 $0.63 ($0.49) ($0.04) $0.52 $0.53
Selling, general and administrative expenses $48.2m $56.2m $63.6m $77.5m $76.4m $86.8m $95.5m
Interest expense ($10.3m) ($6.7m) ($3.7m) ($5.5m) ($11.6m) ($12.6m) ($9.4m)
Other income (expense), net ($3.6m) ($700k) $1.3m $4.4m ($200k) $3.6m $700k

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.