Celsius Holdings Inc (CELH): Third Quarter 2017 $CELH Highlights:...

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Celsius Holdings Inc (CELH)

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Re: MobileMadMan post# 6682

Thursday, 03/08/2018 5:50:35 PM

Thursday, March 08, 2018 5:50:35 PM

Third Quarter 2017 $CELH Highlights:

~ Revenue of $10.8 million, up 62% from $6.7 million in the year ago quarter
~ Domestic revenue increased 54% to $5.9 million, up from $3.8 million in the year ago quarter
~ International revenue increased 73% to $4.9 million, up from $2.8 million in the year ago quarter
~ Gross profit of $4.7 million increased 62% from $2.9 million in the year ago quarter
~ Net loss to common stockholders of $1.7 million compared to a net loss to common stockholders of $93,000 in the year ago quarter
~ Non-GAAP Adjusted EBITDA* of $(980,000), inclusive of $2.1 million of expenses related to the company's product launch in China and distribution expansion in Hong Kong, compared to $379,000 in the year ago quarter
~ Entered China market with regional distribution through partnership with Qifeng Food Technology (Beijing) Co. Ltd., a national wholesale distributor of foods and beverages
~ Expanded to Hong Kong through a distribution agreement with A.S. Watson Group, the largest international health and beauty retailer in Asia and Europe

https://seekingalpha.com/pr/16996117-celsius-holdings-delivers-record-quarterly-revenue-10_8-million

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