Celsius Holdings Inc (CELH)
Pretax margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 291,749 | 195,706 | -55,443 | -112,930 | -152,664 | -119,626 | 16,573 | 5,385 | -4,060 | -7,058 | 7,901 | 8,679 | 8,640 | 5,685 | 1,892 | -1,139 | 9,972 | 10,295 | 5,202 | 3,326 |
| Revenue (ttm) | US$ in thousands | 1,318,014 | 1,148,543 | 952,019 | 780,156 | 653,605 | 579,896 | 486,572 | 397,625 | 314,272 | 245,682 | 187,612 | 152,576 | 130,726 | 119,176 | 102,761 | 88,846 | 75,147 | 65,712 | 61,853 | 55,029 |
| Pretax margin | 22.14% | 17.04% | -5.82% | -14.48% | -23.36% | -20.63% | 3.41% | 1.35% | -1.29% | -2.87% | 4.21% | 5.69% | 6.61% | 4.77% | 1.84% | -1.28% | 13.27% | 15.67% | 8.41% | 6.04% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $291,749K ÷ $1,318,014K
= 22.14%
Celsius Holdings Inc's pretax margin has shown varying performance over the past eight quarters. In Q4 2023, the pretax margin was reported at 22.14%, marking a significant improvement from the previous quarter's 17.04%. However, the company experienced challenges in Q2 2023 and Q1 2023 with negative pretax margins of -5.82% and -14.48%, respectively.
Looking back at the earlier quarters, Q4 2022 and Q3 2022 also displayed negative pretax margins of -23.36% and -23.55%, indicating potential operational inefficiencies or financial difficulties during that period. The company saw a slight improvement in Q2 2022 with a pretax margin of 2.75%, followed by a marginal increase to 1.35% in Q1 2022.
The fluctuating trend in pretax margins suggests that Celsius Holdings Inc has been facing challenges in maintaining consistent profitability. It is crucial for the company to focus on enhancing operational efficiency, cost management, and revenue generation to improve and sustain its pretax margin in the long term.
Peer comparison
Dec 31, 2023