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Sep 30, 2022

Celsius Q3 2022 Earnings Report

Reported record third quarter 2022 financial results.

Key Takeaways

Celsius Holdings, Inc. reported a revenue of $188.2 million, up 98% from $94.9 million in Q3 2021. North America revenue increased 112% to $179.5 million, up from $84.5 million in Q3 2021.

Revenue of $188.2 million, up 98% from Q3 2021.

North America revenue increased 112% from Q3 2021.

Preliminary financial results were reported for the third quarter.

Management hosted a conference call to discuss the results.

Total Revenue
$188M
Previous year: $94.9M
+98.3%
EPS
$0.22
Previous year: $0.01
+2100.0%
Gross Profit
$78.7M
Previous year: $37.7M
+108.7%
Cash and Equivalents
$592M
Previous year: $61.4M
+864.7%
Free Cash Flow
$128M
Previous year: -$22.9M
-657.1%
Total Assets
$1.33B
Previous year: $295M
+350.1%

Celsius

Celsius

Celsius Revenue by Geographic Location

Forward Guidance

This press release contains forward-looking statements regarding Celsius Holdings’ future results of operations and/or financial position.