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Mar 31, 2022

Celsius Q1 2022 Earnings Report

Celsius Holdings reported record first-quarter financial results.

Key Takeaways

Celsius Holdings reported a significant increase in revenue for Q1 2022, with a 167% increase compared to Q1 2021. Total revenue reached $133.4 million, driven by strong domestic growth.

Revenue reached $133.4 million, a 167% increase compared to Q1 2021.

Domestic revenue increased by 217% to $123.5 million.

International revenue decreased by 10% to $9.9 million.

The company's growth is attributed to its leading global fitness drink, CELSIUS®.

Total Revenue
$133M
Previous year: $50M
+166.6%
EPS
$0.03
Previous year: $0.01
+200.0%
Gross Profit
$53.9M
Previous year: $20.6M
+161.9%
Cash and Equivalents
$25.5M
Previous year: $31.6M
-19.3%
Free Cash Flow
$8.38M
Previous year: -$14M
-159.8%
Total Assets
$344M
Previous year: $148M
+132.1%

Celsius

Celsius

Celsius Revenue by Geographic Location