Mojo Organics, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 16, 2020 at 01:22 pm EST
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MOJO Organics, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was USD 572,620 compared to USD 503,338 a year ago. Operating income was USD 43,005 compared to operating loss of USD 34,625 a year ago. Net income was USD 44,999 compared to net loss of USD 34,625 a year ago.
For the nine months, sales was USD 1.450 million compared to USD 1.346 million a year ago. Operating loss was USD 9,123 compared to USD 210,208 a year ago. Net loss was USD 6,903 compared to USD 210,208 a year ago. Basic eps - continuing operations was USD 0 compared to basic loss per share from continuing operations of USD 0.01 a year ago.
EQUATOR Beverage Company is a beverage company. The Company specializes in developing, producing, distributing, and marketing beverage products. The Company's flagship product is MOJO Coconut Water. In addition to Coconut Water, the Company produces Coconut Water + Pineapple Juice, Organic Coconut Water, Sparkling Coconut Water Citrus, Sparkling Coconut Water Blood Orange, Sparkling Coconut Water Pink Grapefruit, Energy Sparkling Citrus, Energy Sparkling Blood Orange, Energy Sparkling Pink Grapefruit, Cubano Blue Agave Tequila Organic Sparkling Coconut Water Citrus and Cubano Blue Agave Tequila Organic Sparkling Coconut Water Blood Orange. The Company's beverages are Non-GMO Project Verified, and USDA Organic. It produces both non-alcoholic and ready to drink alcoholic beverages. It also has a line of sparkling energy beverages that are focused on the female consumer. The Companyâs beverages are available in North America, the Caribbean and Bermuda.
EQUATOR BEVERAGE COMPANY 
