MISSION PRODUCE, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $1.39B | $1.23B | $953.9M | $1.05B | $891.7M | $862.3M | $883.3M |
| Cost of Revenue | $1.23B | $1.08B | $870.6M | $956.1M | $767.2M | $737.7M | $728.6M |
| Gross Profit | $160.7M | $152.5M | $83.3M | $89.8M | $124.5M | $124.6M | $154.7M |
| Gross Margin | 11.6% | 12.4% | 8.7% | 8.6% | 14.0% | 14.4% | 17.5% |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $95.5M | $86.8M | $76.4M | $77.5M | $63.6M | $56.2M | $48.2M |
| Operating Income | $65.2M | $65.7M | $6.9M | $-37.2M | $60.9M | $68.4M | $106.5M |
| Operating Margin | 4.7% | 5.3% | 0.7% | -3.6% | 6.8% | 7.9% | 12.1% |
| Interest Expense | — | $12.6M | $11.6M | $5.5M | $3.7M | $6.7M | $10.3M |
| Pretax Income | $61.9M | $60.4M | $-900.0K | $-31.2M | $66.0M | $43.8M | $96.0M |
| Income Tax Expense | $21.4M | $18.6M | $2.2M | $3.7M | $21.1M | $15.0M | $24.3M |
| Net Income | $37.7M | $36.7M | $-2.8M | $-34.6M | $44.9M | $28.8M | $71.7M |
| Net Margin | 2.7% | 3.0% | -0.3% | -3.3% | 5.0% | 3.3% | 8.1% |
| EPS (Basic) | $0.53 | $0.52 | $-0.04 | $-0.49 | $0.64 | $0.45 | $1.13 |
| EPS (Diluted) | $0.53 | $0.52 | $-0.04 | $-0.49 | $0.63 | $0.45 | $1.13 |
| Shares Outstanding (Basic) | 70.8M | 70.9M | 70.8M | 70.6M | 70.6M | 63.6M | 63.4M |
| Shares Outstanding (Diluted) | 71.3M | 71.0M | 70.8M | 70.6M | 71.1M | 63.7M | 63.5M |
| Dividends Per Share | — | — | — | — | — | $0.21 | $0.09 |