The Vita Coco Company
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. The Vita Coco Company's past years’ income statements indicate that its last revenue has increased compared to the previous period by 15% to $493,612,000. The net income raised on $46,629,000 and profit margin reached 9%. Total operating expenses were $124,236,000.

Profit Margin

The Vita Coco Company, Inc. (NASDAQ:COCO): Profit margin
2019 283.94M 9.41M 3.32%
2020 310.64M 32.66M 10.51%
2021 379.51M 19.01M 5.01%
2022 427.78M 7.81M 1.83%
2023 493.61M 46.62M 9.45%

COCO Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
493.61M427.78M379.51M310.64M283.94M
Cost of revenue
312.88M324.42M266.36M205.78M190.96M
Gross profit
180.72M103.36M113.14M104.85M92.98M
Operating exp.
Research and development
418K541K477K313K642K
Selling and marketing
14.86M14.40M13.75M12.86M16.57M
Total operating expenses
124.23M100.30M88.55M74.40M78.91M
Operating income
56.49M3.05M24.58M30.86M13.37M
Other income (expenses), net
1.42M7.78M-360K12.73M-1.97M
Income before tax
57.92M10.84M24.22M43.6M11.40M
Income tax expense
11.29M3.02M5.23M10.91M1.97M
Net income
46.62M7.81M19.01M32.66M9.41M
Earnings per share
Basic EPS
0.830.140.340.590.17
Diluted EPS
0.790.140.340.590.17
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