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Reported May 1, 2024 · Before market open

Revenue$111.7MMiss by $62.0K
EPS$0.24Beat by $0.07
Revenue estimate$111.8M
EPS estimate$0.17

Next report

Date not yet announced

Financials

Q1 2024

Income statement

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Revenue$111.7M+1.8%
Gross profit$47.2M+40.2%
Operating income$19.0M+183%
Net income$14.2M+112%
EPS (diluted)$0.24+100%

Balance sheet

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Cash & equivalents$123.3M+319%
Total debt$10.0K-54.5%
Total equity$209.7M+40.1%
Total assets$289.0M+39.2%

Cash flow

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Operating cash flow-$267.0K-103%
CapEx$124.0K-72.7%
Free cash flow-$391.0K-104%

Valuation & ratios

Valuation

as of 03/31/24
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Market cap$1.38B+25.1%
Enterprise value$1.26B+17.1%
P/E25.5×
P/S2.8×+0.3×

Profitability

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Gross margin39.2%+12.5pp
Operating margin13.9%
Net margin10.9%
FCF margin19.6%

Returns & leverage

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Return on equity30.1%
Debt / equity
Current ratio3.4×+0.1×

Segments

By segment

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Americas$96.1M-0.7%
International$15.6M+20.2%

By product

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Vita Coco Coconut Water$79.2M+0.6%
Private Label$29.4M+6.2%

Versus estimates

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Questions, answered.

When did The Vita Coco Company, Inc. report Q1 2024 earnings?
The Vita Coco Company, Inc. (COCO) reported Q1 2024 earnings on May 1, 2024 before market open.
What were The Vita Coco Company, Inc.'s Q1 2024 revenue and EPS?
The Vita Coco Company, Inc. reported revenue of $111.7M and eps of $0.24 for Q1 2024.
Did The Vita Coco Company, Inc. beat estimates in Q1 2024?
Revenue missed the consensus estimate of $111.8M by $62.0K. EPS beat the consensus estimate of $0.17 by $0.07.
Where can I find The Vita Coco Company, Inc.'s Q1 2024 SEC filings?
You can read the 10-Q periodic report (0001482981-24-000064) directly on SEC EDGAR. The filing index links above go to sec.gov.