Celsius Holdings, Inc. reported preliminary and unaudited financial results for the fourth quarter and full year ended December 31, 2021. Revenue reached $104.3 million, a 192% increase compared to Q4 2020.
Q4 2021 revenue increased by 192% year-over-year, reaching $104.3 million.
Domestic revenue saw a substantial increase of 238%, rising to $95.9 million.
International revenue grew by 15% to $8.3 million.
The company has identified material errors in previous filings and a material weakness in internal controls over financial reporting.
Preliminary financial information is subject to change and adjustment. The company has encountered staffing limitations, unanticipated delays and identified material errors in previous filings.