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Equator Beverage (MOJO) Q1 2025 earnings results (first quarter 2025)

10-Q filed May 7, 2025

Equator Beverage (MOJO) reported revenue of $818K for the first quarter 2025 (Q1 2025), +28% from a year earlier and +17% from the quarter before. Operating margin was 11.0%, net earnings $84K (10.3% of revenue).

Revenue$818K
Year over year+28%
Quarter over quarter+17%
Operating margin11.0%
Net earnings$84K

Equator Beverage, Q1 2025: revenue $818K (+28% year over year), operating margin 11.0%, net earnings $84K, operating cash flow −$71K. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$818K+17%+28%
Gross profit$321K+23%+19%
Operating profit$90K——
Net earnings$84K——
Operating cash flow−$71K——

What changed

Revenue was $818K in Q1 2025, up 28% year over year and up 17% from the previous quarter.

Gross margin was 39.2%, down 3.0 points from a year earlier. Operating profit was $90K, a 11.0% margin (up 26.3 points year over year). Operating expenses fell 37% while revenue rose 28%. Net earnings were −$84K. The effective tax rate was 1.8%.

Operating cash flow was −$71K. Working capital and other items used $155K.

Questions

What was Equator Beverage's revenue in the first quarter 2025?

Equator Beverage (MOJO) reported revenue of $818K for the first quarter 2025 (Q1 2025), +28% from a year earlier and +17% from the quarter before.

Was Equator Beverage profitable in the first quarter 2025?

Operating profit was $90K (11.0% of revenue) and net earnings $84K.

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Source: Equator Beverage 10-Q on SEC EDGAR.