{"id":90363,"date":"2024-03-30T23:25:41","date_gmt":"2024-03-31T03:25:41","guid":{"rendered":"https:\/\/ifintechworld.com\/?p=90363"},"modified":"2024-03-30T23:25:45","modified_gmt":"2024-03-31T03:25:45","slug":"celsius-holdings-going-international-nasdaqcelh","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=90363","title":{"rendered":"Celsius Holdings Going International (NASDAQ:CELH)"},"content":{"rendered":"
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Introduction<\/h2>\n

Celsius Holdings (NASDAQ:CELH<\/span>) is probably one of the hottest stocks on the market right now, which is unique for a company selling energy drinks. Celsius has been able to propel itself to the top through its strong brand affinity and<\/span> distribution deals with large companies like PepsiCo (<\/span>PEP) over the last few years.<\/span><\/p>\n

In addition, the company is very popular with the younger generation, partially due to its brand ambassador program focusing on a healthy lifestyle, which we can only applaud with obesity rates increasing year over year.<\/p>\n

The stock jumped after it released its earnings after hours on February 28th as revenue increased to $347M, up close to 95% Y\/Y, beating by $15.55M. GAAP EPS came in at $0.17, a slight miss of $0.01 but still remarkably profitable for a company growing that fast. The outstanding growth caused the stock to move higher in the following day.<\/span><\/p>\n

The stock was up 23.76% in the days following its earnings.<\/p>\n

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\"CELH\" <\/picture>
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Ycharts<\/span><\/p>\n<\/figcaption><\/figure>\n<\/p>\n

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Over the last year, Celsius’ stock has more than tripled.<\/p>\n

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Finchat<\/span><\/p>\n<\/figcaption><\/figure>\n<\/p>\n

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The Financials<\/h2>\n

Now, let\u2019s take a look at the numbers!<\/p>\n

Let\u2019s start by taking a look at some of the key figures. The $347M in revenue is another quarterly record. The increase in revenue is mainly driven by North American revenue, which increased 97% year-over-year, reaching $333M.<\/p>\n

This means that 96% of Celsius\u2019 revenue comes from North America, which shows that Celsius has plenty of room to expand abroad if they believe it is the time to do so.<\/p>\n

This increase in revenue was driven by higher SKUs (an SKU is a Stock Keeping Unit, which is a term used to identify unique products in its product range). In addition to higher SKUs, there were also more distribution points, which positively impacted the revenues, as mentioned during the earnings call.<\/p>\n

International revenue increased 68% year-over-year to $14.6M, mainly driven by new flavor launches, product availability, and increased velocity. Something I personally really liked to see is the 3.4% increase in gross margin, this shows that Celsius is further gaining pricing power and that it isn\u2019t affecting growth.<\/p>\n

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Celsius Q4 Press Release<\/span><\/p>\n<\/figcaption><\/figure>\n<\/p>\n

Celsius made it clear that they will continue to drive growth by focusing on three main areas, which they mentioned during the earnings call.<\/p>\n