Vita Coco Company, Inc.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Net sales $283.9m $310.6m $379.5m $427.8m $493.6m $516.0m $609.8m
Cost of goods sold $191.0m $205.8m $266.4m $324.4m $312.9m $317.2m $387.2m
Gross profit $93.0m $104.9m $113.1m $103.4m $180.7m $198.8m $222.6m
Selling, general and administrative $78.9m $74.4m $88.6m $100.3m $124.2m $125.0m $140.1m
Total operating expenses $79.6m $58.0m $88.6m $100.3m $124.2m $125.0m $140.1m
Income from operations $13.4m $46.9m $24.6m $3.1m $56.5m $73.8m $82.5m
Unrealized gain/(loss) on derivative instruments ($1.2m) ($4.7m) $2.1m $6.6m ($872k) ($8.2m) $4.7m
Foreign currency loss $201k $1.8m ($2.1m) $1.4m ($251k) ($1.6m) ($1.0m)
Interest income, net $225k $404k $127k $51k $2.6m $6.7m $6.5m
Foreign currency translation adjustment $345k ($211k) $1.3m
Total comprehensive income attributable to The Vita Coco Company, Inc. $47.0m
Income before income taxes $11.4m $43.6m $24.2m $10.8m $57.9m $70.8m $93.0m
Net income $9.4m $32.7m $19.0m $7.8m $46.6m $56.0m $71.3m
Basic (in dollars per share) $0.17 $0.56 $0.35 $0.14 $0.83 $0.99 $1.25
Diluted (in dollars per share) $0.16 $0.56 $0.35 $0.14 $0.79 $0.94 $1.19
Other income (expense)
Income tax expense ($2.0m) ($10.9m) ($5.2m) ($3.0m) ($11.3m) $14.8m $21.7m
Total other income (expense) ($2.0m) ($3.3m) ($360k) $7.8m $1.4m ($3.0m) $10.4m