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Jun 30, 2021

Celsius Q2 2021 Earnings Report

Celsius reported record second-quarter financial results for 2021.

Key Takeaways

Celsius Holdings, Inc. reported a significant increase in revenue for the second quarter of 2021, with a 116% increase compared to the same period in 2020.

Revenue reached $65.1 million, a 116% increase from $30.0 million in Q2 2020.

Domestic revenue increased by 157% to $53.6 million, up from $20.8 million in Q2 2020.

International revenue increased by 25% to $11.5 million, from $9.2 million in Q2 2020.

The company's product line includes CELSIUS® Originals, CELSIUS HEAT™, CELSIUS® BCAA +Energy, CELSIUS® On-the-Go, and CELSIUS® Sweetened with Stevia.

Total Revenue
$65.1M
Previous year: $30M
+116.6%
EPS
$0.02
Previous year: $0.01
+100.0%
Gross Profit
$28.2M
Previous year: $13M
+117.1%
Cash and Equivalents
$83.8M
Previous year: $20.1M
+316.6%
Free Cash Flow
-$17.5M
Previous year: -$637K
+2652.1%
Total Assets
$242M
Previous year: $98.9M
+144.2%

Celsius

Celsius

Celsius Revenue by Geographic Location

Revenue & Expenses

Visualization of income flow from segment revenue to net income