The Vita o pany(US:COCO)2025-07-30 12:30Financial Performance Highlights - The Vita Coco Company's Q2 2025 net sales increased by 171% to $1688 million compared to Q2 2024[11] - The company's year-to-date net sales also grew by 171% to $300 million compared to the same period in 2024[14] - Gross margin for Q2 2025 was 363%, a decrease of 450 basis points compared to Q2 2024[11] - Adjusted EBITDA margin for Q2 2025 was 173%[11] - Net income for Q2 2025 was $23 million or $038 per share[11] - The company's cash-on-hand remains strong at $167 million with $0 debt[11] Strategic Growth and Market Position - Vita Coco's coconut water growth is outpacing other US beverage categories[21] - The company's coconut water retail scans reflect improved inventory and healthy category growth, with a 131% increase in the last 13 weeks through June 29, 2025, and a share of 445%[24] Future Outlook - The company projects full-year 2025 net sales to be between $565 million and $580 million[39] - The company anticipates an adjusted EBITDA between $86 million and $92 million[39] - The company aims for mid-teens branded net sales growth and high-teens adjusted EBITDA margin in the long term[39]