Last 7 days
11.5%
Last 30 days
20.8%
Last 90 days
41.2%
Trailing 12 Months
54.3%
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | 1.3% | 428 | 422 | 414 | 401 | 380 |
Gross Profit | 0.8% | 103 | 103 | 108 | 108 | 113 |
Operating Expenses | - | 89.00 | - | - | - | - |
S&GA Expenses | 0.6% | 100 | 100 | 96.00 | 94.00 | 89.00 |
R&D Expenses | - | 0.00 | - | - | - | - |
EBITDA | -35.3% | 11.00 | 18.00 | 27.00 | 27.00 | - |
EBITDA Margin | -36.5% | 0.03* | 0.04* | 0.07* | 0.07* | - |
Earnings Before Taxes | 18.1% | 11.00 | 9.00 | 15.00 | 25.00 | 24.00 |
EBT Margin | -41.5% | 0.02* | 0.04* | 0.06* | 0.06* | - |
Interest Expenses | 1.6% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Net Income | 8.4% | 8.00 | 7.00 | 13.00 | 20.00 | 19.00 |
Net Income Margin | -45.4% | 0.02* | 0.03* | 0.05* | 0.05* | - |
Free Cahsflow | 44.9% | -19.33 | -35.10 | -23.62 | -16.72 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | -9.4% | 198 | 218 | 218 | 198 | 197 |
Current Assets | -8.4% | 175 | 191 | 188 | 170 | 173 |
Cash Equivalents | -7.5% | 20.00 | 21.00 | 16.00 | 18.00 | 29.00 |
Inventory | 13.0% | 84.00 | 74.00 | 70.00 | 65.00 | 75.00 |
Net PPE | 3.1% | 2.00 | 2.00 | 3.00 | 3.00 | 2.00 |
Goodwill | 0% | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 |
Liabilities | -26.2% | 57.00 | 77.00 | 87.00 | 71.00 | 74.00 |
Current Liabilities | -16.5% | 54.00 | 65.00 | 63.00 | 58.00 | 74.00 |
Shareholder's Equity | -0.4% | 141 | 142 | 131 | 128 | 123 |
Retained Earnings | -4.8% | 55.00 | 58.00 | 51.00 | 50.00 | 47.00 |
Additional Paid-In Capital | 1.5% | 145 | 143 | 139 | 137 | 135 |
Shares Outstanding | 0.2% | 56.00 | 56.00 | 56.00 | 56.00 | 56.00 |
Minority Interest | - | - | - | - | - | - |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | 39.2% | -10.93 | -18.00 | -33.77 | -22.87 | -16.17 |
Share Based Compensation | -0.2% | 7.00 | 7.00 | 7.00 | 5.00 | 3.00 |
Cashflow From Investing | 26.6% | -0.98 | -1.34 | -1.33 | -0.75 | -0.56 |
Cashflow From Financing | -39.6% | 3.00 | 5.00 | 32.00 | 28.00 | -26.80 |
Buy Backs | NaN% | 0.00 | 0.00 | 0.00 | 0.00 | 50.00 |
90.8%
89.2%
73.8%
Y-axis is the maximum loss one would have experienced if Vita Coco Company was unfortunately bought at previous high price.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | new | - | 254,620 | 254,620 | -% |
2023-02-28 | Voya Investment Management LLC | unchanged | - | 27,894 | 157,894 | -% |
2023-02-21 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | new | - | 14.00 | 14.00 | -% |
2023-02-15 | JANE STREET GROUP, LLC | sold off | -100 | -451,000 | - | -% |
2023-02-15 | LAZARD ASSET MANAGEMENT LLC | new | - | 20,000 | 20,000 | -% |
2023-02-15 | Metropolitan Life Insurance Co/NY | unchanged | - | 4,134 | 26,134 | -% |
2023-02-15 | ALLIANCEBERNSTEIN L.P. | added | 72.95 | 152,602 | 291,602 | -% |
2023-02-15 | State of Wyoming | new | - | 71,076 | 71,076 | 0.02% |
2023-02-15 | Capital Impact Advisors, LLC | added | 2.59 | 270,744 | 1,009,740 | 0.99% |
2023-02-15 | Virtu Financial LLC | sold off | -100 | -250,000 | - | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Mar 13, 2023 | rw vc s.a.r.l. | 6.09% | 3,406,933 | SC 13G/A | |
Feb 14, 2023 | kirban michael | 6.2% | 3,524,320 | SC 13G/A | |
Feb 13, 2023 | verlinvest beverages sa | 36.84% | 20,602,363 | SC 13G/A | |
Feb 14, 2022 | rw vc s.a.r.l. | 6.08% | 3,376,933 | SC 13G | |
Feb 11, 2022 | kirban michael | 6.1% | 3,392,910 | SC 13G | |
Feb 11, 2022 | verlinvest beverages sa | 38.87% | 20,597,697 | SC 13G |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 15, 2023 | 3/A | Insider Trading | |
Mar 15, 2023 | 4 | Insider Trading | |
Mar 14, 2023 | 4 | Insider Trading | |
Mar 14, 2023 | 10-K | Annual Report | |
Mar 14, 2023 | 3 | Insider Trading | |
Mar 14, 2023 | 4 | Insider Trading | |
Mar 14, 2023 | 4 | Insider Trading | |
Mar 14, 2023 | 4 | Insider Trading | |
Mar 14, 2023 | 4 | Insider Trading | |
Mar 14, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-10 | BAKER COREY | acquired | - | - | 17,741 | chief financial officer |
2023-03-10 | Ricalde Rowena | acquired | - | - | 4,435 | chief accounting officer |
2023-03-10 | van Es Charles | acquired | - | - | 5,914 | chief sales officer |
2023-03-10 | Prior Jane | acquired | - | - | 5,914 | chief marketing officer |
2023-03-10 | Burth Jonathan | acquired | - | - | 5,914 | chief operating officer |
2022-12-14 | Burth Jonathan | acquired | 51,344 | 6.418 | 8,000 | chief operating officer |
2022-12-14 | Burth Jonathan | sold | -101,695 | 12.7119 | -8,000 | chief operating officer |
2022-12-13 | Liran Ira | bought | 121,700 | 12.17 | 10,000 | - |
2022-12-01 | van Es Charles | sold | -70,591 | 12.339 | -5,721 | chief sales officer |
2022-11-29 | Burth Jonathan | sold | -18,153 | 11.2893 | -1,608 | chief operating officer |
Consolidated Statements of Operations - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Income Statement [Abstract] | |||
Net sales | $ 427,787 | $ 379,513 | $ 310,644 |
Cost of goods sold | 324,426 | 266,365 | 205,786 |
Gross profit | 103,361 | 113,148 | 104,858 |
Operating expenses | |||
Selling, general and administrative | 100,306 | 88,559 | 74,401 |
Change in fair value of contingent consideration | 0 | 0 | (16,400) |
Total operating expenses | 100,306 | 88,559 | 58,001 |
Income from operations | 3,055 | 24,589 | 46,857 |
Other income (expense) | |||
Unrealized gain (loss) on derivative instruments | 6,606 | 2,093 | (4,718) |
Foreign currency gain (loss) | 1,387 | (2,088) | 1,848 |
Loss on extinguishment of debt | 0 | (132) | 0 |
Interest income | 51 | 127 | 404 |
Interest expense | (258) | (360) | (791) |
Total other income (expense) | 7,786 | (360) | (3,257) |
Income before income taxes | 10,841 | 24,229 | 43,600 |
Income tax expense | (3,027) | (5,237) | (10,913) |
Net income | 7,814 | 18,992 | 32,687 |
Net income (loss) attributable to noncontrolling interest | 0 | (23) | 27 |
Net income attributable to The Vita Coco Company, Inc. | $ 7,814 | $ 19,015 | $ 32,660 |
Net income attributable to The Vita Coco Company, Inc. per common share | |||
Basic (in dollars per share) | $ 0.14 | $ 0.35 | $ 0.56 |
Diluted (in dollars per share) | $ 0.14 | $ 0.35 | $ 0.56 |
Weighted-average number of common shares outstanding | |||
Basic (in shares) | 55,732,619 | 53,689,910 | 58,501,170 |
Diluted (in shares) | 56,123,661 | 54,186,121 | 58,610,825 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 19,629 | $ 28,690 |
Accounts receivable, net of allowance of $2,898 at December 31, 2022, and $1,301 at December 31, 2021 | 43,350 | 47,195 |
Inventory | 84,115 | 75,360 |
Supplier advances | 1,534 | 1,170 |
Derivative assets | 3,606 | 126 |
Asset held for sale | 503 | 0 |
Prepaid expenses and other current assets | 22,181 | 20,718 |
Total current assets | 174,918 | 173,259 |
Property and equipment, net | 2,076 | 2,473 |
Goodwill | 7,791 | 7,791 |
Intangible assets, net | 0 | 7,934 |
Supplier advances | 4,360 | 2,808 |
Deferred tax assets, net | 4,256 | 1,265 |
Right-of-use asset | 2,679 | 0 |
Other assets | 1,677 | 1,954 |
Total assets | 197,757 | 197,484 |
Current liabilities: | ||
Accounts payable | 15,910 | 28,338 |
Accrued expenses | 38,342 | 42,399 |
Notes payable, current | 23 | 28 |
Derivative liabilities | 71 | 3,197 |
Total current liabilities | 54,346 | 73,962 |
Credit facility | 0 | 0 |
Notes payable | 25 | 48 |
Other long-term liabilities | 2,293 | 301 |
Total liabilities | 56,664 | 74,311 |
Stockholders' equity: | ||
Common stock, $0.01 par value; 500,000,000 shares authorized; and 62,225,250 shares and 61,764,582 shares issued at December 31, 2022 and 2021, respectively; 56,019,050 and 55,558,382 shares outstanding at December 31, 2022 and 2021, respectively. | 622 | 618 |
Additional paid-in capital | 145,210 | 134,730 |
Retained earnings | 55,183 | 47,369 |
Accumulated other comprehensive loss | (994) | (616) |
Treasury stock, 6,206,200 shares at cost as of December 31, 2022, and December 31, 2021 | (58,928) | (58,928) |
Total stockholders' equity attributable to The Vita Coco Company, Inc. | 141,093 | 123,173 |
Noncontrolling interests | 0 | 0 |
Total stockholders' equity | 141,093 | 123,173 |
Total liabilities and stockholders' equity | $ 197,757 | $ 197,484 |