Equator Beverage quarterly net income more than doubled to $999,699; revenue rises 14% to $1.26 million in FY26 Q2

Reuters2026/08/11 15:57

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Equator Beverage posted Q2 net income of USD 999,699, up from USD 153,056 a year earlier, helped by a USD 756,868 non-cash tax benefit.
Revenue rose 14% to USD 1.26 million, while gross margin widened 14 percentage points to 57% on lower freight costs and supply-chain efficiencies.
Operating expenses climbed to USD 473,970, driven by higher e-commerce selling fees, marketing spend, warehouse costs, and non-cash restricted stock compensation.
For the six months ended June 30, revenue increased 16% to USD 2.22 million, while net income rose to USD 1.18 million and included USD 117,264 of tariff-related recoveries.
Cash and cash equivalents totaled USD 73,757 at June 30, with borrowings reduced to USD 160,000 from USD 340,000 at year-end.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Equator Beverage Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001575872-26-000564), on August 11, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Equator Beverage quarterly net income more than doubled to $999,699; revenue rises 14% to $1.26 million in FY26 Q2

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