Celsius Holdings (CELH) FY2020 results: revenue $131 million, up 74.0% on the year
Celsius Holdings, Inc. (CELH) reported revenue of $131 million for fiscal 2020, the year ended 31 December 2020, up 74.0% on the year before. Net income was $9 million, down 14.5%, and diluted earnings per share $0.04. The figures are the company's own, from the 10-K it filed with the SEC on 11 March 2021.
Revenue
$131 million
+74.0% on the year
FY2015FY2020
Operating margin
6.1%
-1.9% a year earlier
FY2015FY2020
Net income
$9 million
-14.5% on the year
FY2015FY2020
Diluted EPS
$0.04
-31.1% on the year
FY2015FY2020
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2020
FY2019
FY2018
On the year
Last 8 years
Revenue
131
75.1
52.6
+74.0%
Cost of revenue
69.8
43.8
31.5
+59.1%
Gross profit
61.0
31.3
21.1
+94.8%
Gross margin
46.6%
41.7%
40.0%
Research and development
0.5
0.3
0.6
+46.6%
Operating income
7.9
-1.4
-10.6
Operating margin
6.1%
-1.9%
-20.2%
Interest expense
n/a
0.5
0.2
Pre-tax income
8.6
10.0
n/a
-13.4%
Income tax
0.1
n/a
0.0
Effective tax rate
1.3%
n/a
n/a
Net income
8.5
10.0
-11.2
-14.5%
Net margin
6.5%
13.3%
-21.3%
Diluted EPS
$0.04
$0.05
-$0.08
-31.1%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2020
FY2019
FY2018
On the year
Last 8 years
Operating cash flow
3.4
1.0
-11.6
+228.3%
Capital expenditure
0.6
0.1
0.1
+635.8%
Free cash flow
2.8
1.0
-11.8
+195.1%
Free cash flow margin
2.2%
1.3%
-22.3%
Cash from investing
0.8
-14.3
-0.1
Cash from financing
15.6
28.7
5.3
-45.7%
Depreciation and amortisation
0.7
0.1
0.1
+986.1%
Share-based compensation
6.3
4.8
4.3
+31.2%
Diluted shares, weighted
223m
193m
150m
+16.0%
Shares outstanding at period end
217m
207m
171m
+4.8%
Balance sheet
$ million
FY2020
FY2019
FY2018
On the year
Last 8 years
Shareholders' equity
104
63.5
11.8
+64.4%
Redeemable equity
0.0
n/a
n/a
Debt
0.0
8.6
8.0
Operating lease liabilities
0.5
0.2
n/a
+114.7%
Finance lease liabilities
0.1
0.1
n/a
-37.9%
Other liabilities
26.4
17.9
14.9
+47.2%
Total liabilities and equity
131
90.4
34.6
+45.3%
Fixed assets
0.6
0.1
0.1
+336.0%
Goodwill
10.4
10.0
n/a
+3.9%
Intangible assets
16.6
17.2
n/a
-3.4%
Cash and equivalents
43.2
23.1
7.7
+87.3%
Receivables
15.0
7.8
13.0
+92.8%
Inventory
18.4
15.3
11.5
+20.3%
Other assets
27.1
16.9
2.3
+60.2%
Total assets
131
90.4
34.6
+45.3%
10-K for the year ended 31 December 2020, filed 11 March 2021: the filing.