Revenues Increased 65% to a Record $3.9 Million for the First Quarter

Boca Raton, FL April 24, 2014 – Celsius Holdings, Inc., (Other OTC: CELH) the creator and marketer of Celsius®, the world’s first and only negative calorie drink backed by clinical science, today reported its results of operations for the three months ended March 31, 2014.

First Quarter Highlights – Comparison of Quarters Ended March 31, 2014 and 2013

  • Revenue increased 65% to $3.9 million.
  • Gross Profit increased 61% to $1.4 million.
  • Net Loss increased $298 thousand to $0.7 million; excluding one-time charges net loss decreased $79 thousand.
  • Revenue from International sales increased 133% to $2.3 million.
  • Revenue from Domestic sales increased 16% to $1.6 million.

(click here to download full report)

Print Friendly
  © 2015 Celsius. All rights reserved.

†Celsius alone does not produce weight loss in the absence of a healthy diet and moderate exercise. In a 10 week published university clinical study in the Journal of International Society of Sports Nutrition with sedentary men and women, the group who drank one Celsius per day experienced Significantly Better Results.
*These statements have not been evaluated by the Food and Drug Administration. This product is not intended to diagnose, treat, cure or prevent any disease. Privacy Policy

Follow us: