What is Mission Produce, Inc.'s ASC 740-30 (formerly APB 23) change?

Mission Produce, Inc. (AVO) reported ASC 740-30 (formerly APB 23) change of 0% in Q3 2025.

What does ASC 740-30 (formerly APB 23) change mean?

Captures the tax effects resulting from changes in the assertion regarding the permanent reinvestment of foreign earnings. This metric is critical for understanding the company's strategy for repatriating cash versus reinvesting in international growth.

Mission Produce, Inc. AVO ASC 740-30 (formerly APB 23) change

ASC 740-30 (formerly APB 23) change at other companies

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Other financials

Income statement

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Revenue$290.9M-23.5%

Gross profit$20.5M-27.8%

Operating income-$7.0M-201%

Net income-$7.2M-332%

EPS (diluted)-$0.10-350%

Balance sheet

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Cash & equivalents$35.1M-10.0%

Total debt$211.3M-12.9%

Total equity$578.6M+4.8%

Total assets$1.0B-0.2%

Cash flow

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Operating cash flow-$18.0M-52.5%

CapEx$11.0M-16.7%

Free cash flow-$29.0M-16.0%

Valuation

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Market cap$1.05B+18.0%

Enterprise value$1.22B+12.1%

P/E45.9×+21.7×

P/S0.8×+0.2×

Profitability

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Gross margin12.3%+1.3pp

Operating margin3.6%-0.9pp

Net margin1.8%-0.8pp

FCF margin2.8%+1.0pp

Returns & leverage

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Return on equity4%-2.9pp

Debt / equity0.4×-0.1×

Current ratio1.9×-0.1×

Where this comes from

Reported directly by Mission Produce, Inc. in its filing.

Tagged under the XBRL concept avo:EffectiveIncomeTaxRateReconciliationAPB23RemeasurementPercent.

The official record: Mission Produce, Inc.’s 10-K, filed December 18, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mission Produce, Inc.'s ASC 740-30 (formerly APB 23) change?: Mission Produce, Inc. (AVO) reported ASC 740-30 (formerly APB 23) change of 0% in Q3 2025.
What does ASC 740-30 (formerly APB 23) change mean?: Captures the tax effects resulting from changes in the assertion regarding the permanent reinvestment of foreign earnings. This metric is critical for understanding the company's strategy for repatriating cash versus reinvesting in international growth.