Equator Beverage quarterly net income more than doubled to $999,699; revenue rises 14% to $1.26 million in FY26 Q2
MOJO•Margins improve as costs change
Gross margin widened 14 percentage points to 57% on lower freight costs and supply-chain efficiencies.
Operating expenses climbed to $473,970, driven by higher e-commerce selling fees, marketing spend, warehouse costs, and non-cash restricted stock compensation.
Six-month results and balance sheet
For the six months ended June 30, revenue increased 16% to $2.22 million, while net income rose to $1.18 million and included $117,264 of tariff-related recoveries.
Cash and cash equivalents totaled $73,757 at June 30, with borrowings reduced to $160,000 from $340,000 at year-end.
Quarterly net income and revenue rise
Equator Beverage posted Q2 net income of $999,699, up from $153,056 a year earlier, helped by a $756,868 non-cash tax benefit.
Revenue rose to .
