$Vita Coco (COCO.US)$🎯 2024.3.19 The current price is 24.92...

New data: In 23Q4, revenue, operating profit, and net profit all increased, but the month-on-month decline was very serious.

Revenue increased 15.4% in 2023. Operating profit reached 57 million due to a sharp increase in gross margin, and net profit reached 47 million.

The balance ratio increased from 28.7% to 29.1%, and total assets increased by 44.4%. The asset side mainly increased cash, accounts receivable increased very little, inventory declined a lot, and the debt side mainly increased accounts payable and accrued expenses, which is a healthy liability.

Net cash flow from operations was much higher than net investment, and finally a decent shareholder surplus was generated.

Currently, the price-earnings ratio is 31.6. Considering the month-on-month contraction in the fourth quarter, no operation will be carried out for the time being.