Celsius Holdings (CELH) FY2023 results: revenue $1.3 billion, up 101.7% on the year
Celsius Holdings, Inc. (CELH) reported revenue of $1.3 billion for fiscal 2023, the year ended 31 December 2023, up 101.7% on the year before. Net income was $227 million, and diluted earnings per share $0.77. The figures are the company's own, from the 10-K it filed with the SEC on 29 February 2024.
Revenue
$1.3 billion
+101.7% on the year
FY2016FY2023
Operating margin
20.2%
-24.1% a year earlier
FY2016FY2023
Net income
$227 million
FY2016FY2023
Diluted EPS
$0.77
FY2016FY2023
this yearthe year beforeHover a bar for its figure.
$ 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
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
141
108
-96.6
+30.5%
Capital expenditure
17.4
8.3
3.2
+111.0%
Free cash flow
124
99.9
-99.7
+23.9%
Free cash flow margin
9.4%
15.3%
-31.7%
Cash from investing
-14.2
-5.7
-1.3
Cash from financing
-25.2
534
71.4
Depreciation and amortisation
3.2
1.9
1.3
+68.3%
Share-based compensation
21.2
20.7
36.5
+2.7%
Buybacks
0.0
0.0
n/a
Diluted shares, weighted
237m
227m
233m
+4.4%
Shares outstanding at period end
232m
229m
225m
+1.2%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
264
40.1
217
+558.6%
Redeemable equity
824
824
0.0
0.0%
Debt
0.0
0.0
0.0
Operating lease liabilities
1.0
0.3
0.7
+192.9%
Finance lease liabilities
0.2
0.2
0.0
+19.1%
Other liabilities
447
357
96.3
+25.1%
Total liabilities and equity
1,536
1,222
314
+25.7%
Fixed assets
24.9
10.2
3.2
+144.2%
Goodwill
14.2
13.7
14.5
+3.6%
Intangible assets
12.1
12.3
16.3
-0.9%
Cash and equivalents
756
614
16.3
+23.1%
Receivables
184
63.3
38.7
+190.2%
Inventory
229
173
191
+32.3%
Other assets
316
335
33.8
-5.6%
Total assets
1,536
1,222
314
+25.7%
10-K for the year ended 31 December 2023, filed 29 February 2024: the filing.