The Vita Coco Company, Inc. (COCO)

The Vita Coco Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	559.88	516.01	493.61	427.79	379.51	310.64
Revenue Growth (YoY)	11.97%	4.54%	15.39%	12.72%	22.17%	9.40%
Cost of Revenue	357.66	317.23	312.88	324.43	266.37	205.79
Gross Profit	202.22	198.78	180.73	103.36	113.15	104.86
Selling, General & Admin	132.53	124.57	123.82	91.21	86.86	72.87
Research & Development	0.4	0.4	0.42	0.54	0.48	0.31
Operating Expenses	132.92	124.96	124.24	92.97	88.56	74.4
Operating Income	69.3	73.82	56.49	10.39	24.59	30.46
Interest Expense	-	-	-0.03	-0.26	-0.36	-0.79
Interest & Investment Income	6.58	6.72	2.58	0.05	0.13	0.4
Currency Exchange Gain (Loss)	-0.43	-1.57	-0.25	1.39	-2.09	1.85
Other Non Operating Income (Expenses)	4.15	-8.18	-0.87	6.61	2.09	-4.72
EBT Excluding Unusual Items	79.6	70.79	57.92	18.17	24.36	27.2
Asset Writedown	-	-	-	-7.33	-	-
Other Unusual Items	-	-	-	-	-0.13	16.4
Pretax Income	79.8	70.79	57.92	10.84	24.23	43.6
Income Tax Expense	15.39	14.84	11.29	3.03	5.24	10.91
Earnings From Continuing Operations	64.41	55.95	46.63	7.81	18.99	32.69
Minority Interest in Earnings	-	-	-	-	0.02	-0.03
Net Income	64.41	55.95	46.63	7.81	19.02	32.66
Net Income to Common	64.41	55.95	46.63	7.81	19.02	32.66
Net Income Growth	16.54%	19.99%	496.74%	-58.91%	-41.78%	246.82%
Shares Outstanding (Basic)	57	57	56	56	54	59
Shares Outstanding (Diluted)	60	59	59	56	54	59
Shares Change (YoY)	0.85%	0.92%	4.67%	3.58%	-7.55%	2.55%
EPS (Basic)	1.13	0.99	0.83	0.14	0.35	0.56
EPS (Diluted)	1.07	0.94	0.79	0.14	0.35	0.56
EPS Growth	14.02%	18.99%	464.29%	-60.00%	-37.31%	248.92%
Free Cash Flow	26.19	41.93	106.56	-11.92	-16.72	32.93
Free Cash Flow Per Share	0.44	0.71	1.81	-0.21	-0.31	0.56
Gross Margin	36.12%	38.52%	36.61%	24.16%	29.81%	33.76%
Operating Margin	12.38%	14.31%	11.45%	2.43%	6.48%	9.80%
Profit Margin	11.50%	10.84%	9.45%	1.83%	5.01%	10.51%
Free Cash Flow Margin	4.68%	8.13%	21.59%	-2.79%	-4.41%	10.60%
EBITDA	70.1	74.57	57.15	12.29	26.66	32.58
EBITDA Margin	12.52%	14.45%	11.58%	2.87%	7.02%	10.49%
D&A For EBITDA	0.81	0.75	0.66	1.9	2.07	2.13
EBIT	69.3	73.82	56.49	10.39	24.59	30.46
EBIT Margin	12.38%	14.31%	11.45%	2.43%	6.48%	9.80%
Effective Tax Rate	19.28%	20.96%	19.49%	27.92%	21.62%	25.03%
Advertising Expenses	-	-	-	-	13.76	12.86

Updated Jul 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q