EQUATOR Beverage Company
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.2M | $3.2M | $2.3M | $1.8M | $1.9M | $1.7M | $1.7M | $1.7M |
| Cost of Revenue | $2.3M | $2.0M | $1.3M | $1.2M | $1.1M | $917.6K | $908.4K | $898.8K |
| Gross Profit | $1.9M | $1.2M | $1.0M | $631.0K | $849.0K | $824.3K | $834.6K | $790.0K |
| Gross Margin | 44.6% | 37.9% | 44.2% | 34.6% | 44.2% | 47.3% | 47.9% | 46.8% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.8M | $2.0M | $1.2M | $859.2K | $844.7K | $910.2K | $1.1M | $1.2M |
| Operating Income | $83.7K | $-781.4K | $-163.6K | $-228.2K | $4.4K | $-85.9K | $-297.7K | $-423.3K |
| Operating Margin | 2.0% | -24.1% | -7.2% | -12.5% | 0.2% | -4.9% | -17.1% | -25.1% |
| Interest Expense | $30.2K | $18.5K | $13.1K | $10.6K | — | — | — | — |
| Pretax Income | $53.5K | $-799.9K | $-176.7K | $-238.8K | $39.9K | $-83.7K | $-297.7K | — |
| Income Tax Expense | $141.8K | $20.0K | $-54.0K | $0 | — | — | $0 | $0 |
| Net Income | $49.2K | $-801.1K | $-180.0K | $-238.8K | $39.9K | $-83.7K | $-297.7K | $-423.3K |
| Net Margin | 1.2% | -24.7% | -7.9% | -13.1% | 2.1% | -4.8% | -17.1% | -25.1% |
| EPS (Basic) | — | — | — | $-0.02 | $0.00 | $0.00 | $-0.01 | $0.02 |
| EPS (Diluted) | $0.01 | $-0.09 | $-0.01 | — | $0.00 | $0.00 | $-0.01 | $0.02 |
| Shares Outstanding (Basic) | — | — | — | 15.8M | 15.5M | 30.6M | 29.4M | 27.8M |
| Shares Outstanding (Diluted) | 9.1M | 9.1M | 16.7M | 15.8M | 15.5M | 30.6M | 29.4M | 27.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |