Celsius Holdings Inc. (CELH) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
2424 N. FEDERAL HWY BOCA RATON, FL 33431 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2086 - Bottled and Canned Soft Drinks and Carbonated Waters (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 755,981 | 614,159 | 16,255 | 43,248 | 23,091 | 7,743 | |||
| Cash and cash equivalents | 755,981 | 614,159 | 16,255 | 43,248 | 23,091 | 7,743 | |||
| Receivables | 186,021 | 66,290 | 41,329 | 16,872 | 8,956 | 12,980 | |||
| Inventory, net of allowances, customer advances and progress billings | 229,275 | 173,289 | 191,222 | 18,404 | 15,292 | 11,483 | |||
| Inventory | 229,275 | 173,289 | 191,222 | 18,404 | 15,292 | 11,483 | |||
| Other undisclosed current assets | 33,627 | 64,233 | 13,555 | 14,627 | 4,170 | 2,299 | |||
| Total current assets: | 1,204,904 | 917,971 | 262,361 | 93,151 | 51,509 | 34,506 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 208 | 208 | 86 | 162 | 809 | ✕ | |||
| Operating lease, right-of-use asset | 1,957 | 972 | 1,128 | 836 | 259 | ✕ | |||
| Property, plant and equipment | 24,868 | 10,185 | 3,180 | 579 | 133 | 122 | |||
| Long-term investments and receivables | 3,574 | 7,117 | 9,429 | 10,630 | |||||
| Accounts and financing receivable, after allowance for credit loss | 3,574 | 7,117 | 9,429 | 10,630 | |||||
| Intangible assets, net (including goodwill), including: | 14,200 | 13,700 | 14,500 | 10,419 | 10,024 | ||||
| Goodwill | 14,173 | 13,679 | 14,527 | 10,419 | 10,024 | ||||
| Intangible assets, net (excluding goodwill) | 12,139 | 12,254 | 16,301 | 16,590 | 17,173 | ||||
| Other undisclosed intangible assets, net (including goodwill) | (12,112) | (12,233) | (16,328) | (16,590) | (17,173) | ||||
| Deferred costs | 4,892 | 5,236 | 6,190 | 390 | |||||
| Deferred income tax assets | 29,518 | 501 | 9,019 | ✕ | |||||
| Other noncurrent assets | |||||||||
| Other undisclosed noncurrent assets | 255,849 | 269,722 | 10,438 | 16,323 | 17,018 | ||||
| Total noncurrent assets: | 331,492 | 304,098 | 51,658 | 38,139 | 38,873 | 122 | |||
| TOTAL ASSETS: | 1,536,396 | 1,222,069 | 314,018 | 131,290 | 90,382 | 34,628 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 104,960 | 107,340 | 91,479 | 25,413 | 17,293 | 14,845 | |||
| Accounts payable | 42,840 | 36,248 | 35,820 | 11,854 | 10,160 | 5,825 | |||
| Accrued liabilities | 62,120 | 19,081 | 15,311 | 13,558 | 7,133 | 9,020 | |||
| Other undisclosed accounts payable and accrued liabilities | 52,011 | 40,347 | |||||||
| Deferred revenue | 9,513 | 9,675 | ✕ | ||||||
| Debt | 59 | 70 | 157 | 206 | 9,283 | ||||
| Other liabilities | 10,890 | 3,586 | 976 | 425 | 107 | 20 | |||
| Other undisclosed current liabilities | 151,191 | 40,624 | 512 | 321 | |||||
| Total current liabilities: | 276,613 | 161,295 | 93,123 | 26,365 | 26,683 | 14,865 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 193 | 162 | 703 | 597 | 240 | 4,459 | |||
| Long-term debt, excluding current maturities | 4,459 | ||||||||
| Finance lease, liability | 193 | 162 | 45 | 82 | ✕ | ||||
| Liabilities, other than long-term debt | 955 | 180,126 | 3,500 | ||||||
| Deferred revenue | 179,800 | ✕ | |||||||
| Due to related parties | ✕ | ✕ | 3,500 | ||||||
| Operating lease, liability | 955 | 326 | 658 | 515 | 240 | ✕ | |||
| Other undisclosed noncurrent liabilities | 170,107 | 15,907 | 2,488 | (515) | |||||
| Total noncurrent liabilities: | 171,255 | 196,195 | 3,850 | 597 | 240 | 7,959 | |||
| Total liabilities: | 447,868 | 357,490 | 96,973 | 26,962 | 26,923 | 22,825 | |||
| Temporary equity, carrying amount | 824,488 | ||||||||
| Equity | |||||||||
| Equity, attributable to parent | 264,040 | 40,091 | 217,045 | 104,327 | 63,459 | 11,803 | |||
| Common stock | 77 | 76 | 75 | 72 | 69 | 57 | |||
| Additional paid in capital | 276,717 | 280,668 | 267,846 | 159,884 | 127,553 | 85,154 | |||
| Accumulated other comprehensive income (loss) | (701) | (1,881) | 614 | (202) | (754) | (27) | |||
| Retained earnings (accumulated deficit) | (12,053) | (238,772) | (51,490) | (55,427) | (63,409) | (73,381) | |||
| Other undisclosed equity | 824,488 | ||||||||
| Total equity: | 264,040 | 864,579 | 217,045 | 104,327 | 63,459 | 11,803 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,536,396 | 1,222,069 | 314,018 | 131,290 | 90,382 | 34,628 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,318,014 | 653,604 | 314,272 | 130,726 | 75,147 | 52,604 | ||
| Cost of revenue | (684,875) | (382,735) | (186,103) | (69,752) | (43,845) | (31,544) | ||
| Gross profit: | 633,139 | 270,869 | 128,169 | 60,974 | 31,302 | 21,060 | ||
| Operating expenses | (366,773) | (428,670) | (132,258) | (53,063) | (32,750) | (31,701) | ||
| Operating income (loss): | 266,366 | (157,801) | (4,090) | 7,911 | (1,448) | (10,641) | ||
| Nonoperating income (expense) | 25,383 | 5,137 | 31 | 729 | 11,420 | (566) | ||
| Investment income, nonoperating | 12,461 | |||||||
| Gain (loss), foreign currency transaction, before tax | (1,246) | (392) | (276) | 1,376 | ||||
| Debt instrument, convertible, beneficial conversion feature | 555 | |||||||
| Interest and debt expense | (432) | (377) | ||||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (8,008) | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 291,749 | (152,664) | (4,058) | 200 | 9,971 | (11,584) | ||
| Other undisclosed income from continuing operations before income taxes | 8,440 | |||||||
| Income (loss) from continuing operations before income taxes: | 291,749 | (152,664) | (4,058) | 8,640 | 9,971 | (11,584) | ||
| Income tax expense (benefit) | (64,948) | (34,618) | 7,996 | (116) | ||||
| Income (loss) from continuing operations: | 226,801 | (187,282) | 3,937 | 8,524 | 9,971 | (11,584) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 3,937 | 8,524 | 9,971 | (11,584) | |
| Other undisclosed net income | 524 | |||||||
| Net income (loss): | 226,801 | (187,282) | 3,937 | 9,048 | 9,971 | (11,584) | ||
| Other undisclosed net income (loss) attributable to parent | (524) | 377 | ||||||
| Net income (loss) attributable to parent: | 226,801 | (187,282) | 3,937 | 8,524 | 9,971 | (11,207) | ||
| Preferred stock dividends and other adjustments | (27,462) | (11,526) | (213) | |||||
| Undistributed earnings (loss) allocated to participating securities, basic | (17,348) | |||||||
| Other undisclosed net loss available to common stockholders, basic | ||||||||
| Net income (loss) available to common stockholders, basic: | 181,991 | (198,808) | 3,937 | 8,524 | 9,971 | (11,420) | ||
| Dilutive securities, effect on basic earnings per share | 17,348 | |||||||
| Other undisclosed net income (loss) available to common stockholders, diluted | (16,934) | 588 | ||||||
| Net income (loss) available to common stockholders, diluted: | 182,405 | (198,808) | 3,937 | 8,524 | 10,559 | (11,420) | ||
Comprehensive Income ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 226,801 | (187,282) | 3,937 | 9,048 | 9,971 | (11,584) | ||
| Other comprehensive income | 12 | |||||||
| Comprehensive income (loss): | 226,801 | (187,282) | 3,937 | 9,048 | 9,971 | (11,571) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (43,630) | (14,021) | 816 | 27 | (61) | 164 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 183,171 | (201,303) | 4,753 | 9,075 | 9,911 | (11,407) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.