Mojo Organics, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 14, 2020 at 06:07 am
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MOJO Organics, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was USD 437,878 compared to USD 434,738 a year ago. Operating income was USD 4,485 compared to operating loss of USD 97,437 a year ago. Net income was USD 4,710 compared to net loss of USD 97,437 a year ago. For the half year, sales was USD 877,867 compared to USD 843,235 a year ago. Operating loss was USD 52,128 compared to USD 175,584 a year ago. Net loss was USD 51,903 compared to USD 175,584 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 
