Balance Sheet Celsius Holdings, Inc.

Equities

CELH

US15118V2079

Non-Alcoholic Beverages

Real-time Estimate Cboe BZX Other stock markets 17:33:27 15/01/2026 GMT			5-day change	1st Jan Change
53.60 ^USD	+0.88%		+4.45%	+17.10%

01-14	UBS Adjusts Celsius Holdings Price Target to $70 From $65, Maintains Buy Rating	MT
12-17	KeyBanc Initiates Celsius Holdings at Sector Weight	MT

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Published financial data: CELSIUS HOLDINGS, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	131M	314M	654M	1.32B	1.36B
Total Revenues	131M	314M	654M	1.32B	1.36B
Cost of Goods Sold, Total	69.75M	186M	383M	685M	675M
Gross Profit	60.97M	128M	271M	633M	680M
Selling General & Admin Expenses, Total	53.06M	132M	426M	364M	516M
R&D Expenses	-	-	-	-	1M
Depreciation & Amortization - (IS)	-	-	-	2.6M	6.5M
Amortization of Goodwill and Intangible Assets - (IS)	-	-	-	500K	600K
Other Operating Expenses, Total	53.06M	132M	426M	367M	524M
Operating Income	7.91M	-4.09M	-155M	266M	156M
Interest Expense, Total	-1.02M	-7.5K	-	-	-
Interest And Investment Income	356K	315K	5.53M	26.63M	39.26M
Net Interest Expenses	-668K	307K	5.53M	26.63M	39.26M
Currency Exchange Gains (Loss)	1.38M	-276K	-392K	-1.25M	-1.73M
Other Non Operating Income (Expenses)	-49.1K	-	-	-	1.79M
EBT, Excl. Unusual Items	8.57M	-4.06M	-150M	292M	195M
Merger & Related Restructuring Charges	-	-	-	-	-300K
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-	-	-2.5M	-	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	152K	-	-	-	-
EBT, Incl. Unusual Items	8.72M	-4.06M	-153M	292M	195M
Income Tax Expense	198K	-8M	34.62M	64.95M	49.98M
Earnings From Continuing Operations	8.52M	3.94M	-187M	227M	145M
Net Income to Company	8.52M	3.94M	-187M	227M	145M
Net Income - (IS)	8.52M	3.94M	-187M	227M	145M
Preferred Dividend and Other Adjustments	-	-	11.53M	44.81M	37.62M
Net Income to Common Incl Extra Items	8.52M	3.94M	-199M	182M	107M
Net Income to Common Excl. Extra Items	8.52M	3.94M	-199M	182M	107M
Per Share Items
Net EPS - Basic	0.04	0.02	-0.88	0.79	0.46
Basic EPS - Continuing Operations	0.04	0.02	-0.88	0.79	0.46
Basic Weighted Average Shares Outstanding	211M	221M	227M	231M	234M
Net EPS - Diluted	0.04	0.02	-0.88	0.77	0.45
Diluted EPS - Continuing Operations	0.04	0.02	-0.88	0.77	0.45
Diluted Weighted Average Shares Outstanding	223M	233M	227M	237M	237M
Normalized Basic EPS	0.03	-0.01	-0.41	0.79	0.52
Normalized Diluted EPS	0.02	-0.01	-0.41	0.77	0.51
Payout Ratio	-	-	-6.15	12.11	18.96
Supplemental Items
EBITDA	9.07M	-2.83M	-153M	270M	163M
EBITA	8.49M	-3.49M	-155M	267M	157M
EBIT	7.91M	-4.09M	-155M	266M	156M
EBITDAR	9.46M	-2.35M	-	-	165M
Effective Tax Rate - (Ratio)	2.27	197.01	-22.68	22.26	25.62
Current Domestic Taxes	3.28M	1.52M	13.1M	107M	58.86M
Current Foreign Taxes	383K	-37.87K	-	192K	294K
Total Current Taxes	3.66M	1.49M	13.1M	108M	59.15M
Deferred Domestic Taxes	-	-9.02M	22.59M	-42.8M	822K
Deferred Foreign Taxes	-	-462K	-1.07M	116K	-10M
Total Deferred Taxes	-3.47M	-9.48M	21.52M	-42.68M	-9.18M
Normalized Net Income	5.36M	-2.54M	-93.85M	182M	122M
Interest on Long-Term Debt	1.02M	7.5K	-	-	-
Supplemental Operating Expense Items
Advertising Expense	-	36.7M	85.1M	160M	222K
Marketing Expenses	14.2M	-	-	-	-
Selling and Marketing Expenses	34.88M	74.74M	353M	160M	222K
General and Administrative Expenses	17.8M	57.04M	73.4M	-	-
Research And Development Expense From Footnotes	508K	1M	400K	1.7M	1M
Net Rental Expense, Total	385K	477K	-	-	2.14M
Imputed Operating Lease Interest Expense	592K	22.93K	-	-	-
Imputed Operating Lease Depreciation	-207K	454K	-	-	-
Stock-Based Comp., G&A Exp. (Total)	6.34M	36.48M	20.66M	-	-
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	21.23M	19.59M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	6.34M	36.48M	20.66M	21.23M	19.59M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	43.25M	16.25M	614M	756M	890M
Total Cash And Short Term Investments	43.25M	16.25M	614M	756M	890M
Accounts Receivable, Total	14.99M	38.74M	63.31M	184M	270M
Notes Receivable	1.89M	2.59M	2.98M	2.32M	-
Total Receivables	16.87M	41.33M	66.29M	186M	270M
Inventory	18.4M	191M	173M	229M	131M
Prepaid Expenses	14.63M	13.56M	11.34M	19.5M	18.76M
Restricted Cash	-	-	38.77M	-	-
Other Current Assets, Total	-	-	14.12M	14.12M	14.12M
Total Current Assets	93.15M	262M	918M	1.2B	1.32B
Gross Property Plant And Equipment	2.1M	5.46M	13.45M	31.68M	88.23M
Accumulated Depreciation	-524K	-1.07M	-2.08M	-4.65M	-10.79M
Net Property Plant And Equipment	1.58M	4.39M	11.36M	27.03M	77.44M
Goodwill	10.42M	14.53M	13.68M	14.17M	71.58M
Other Intangibles, Total	16.59M	16.3M	12.25M	12.14M	12.21M
Loans Receivable Long-Term	9.43M	7.12M	3.57M	-	-
Deferred Tax Assets Long-Term	-	9.02M	501K	29.52M	38.7M
Deferred Charges Long-Term	-	-	262M	248M	234M
Other Long-Term Assets, Total	123K	300K	263K	291K	8.15M
Total Assets	131M	314M	1.22B	1.54B	1.77B
Liabilities
Accounts Payable, Total	11.85M	41.26M	44.92M	54.69M	55.04M
Accrued Expenses, Total	13.56M	50.22M	67.77M	151M	263M
Short-term Borrowings	-	-	-	-	-
Current Portion of Leases	527K	669K	731K	1.04M	3.36M
Current Income Taxes Payable	-	-	-	50.42M	10.83M
Unearned Revenue Current, Total	-	-	9.68M	9.51M	9.51M
Other Current Liabilities	425K	976K	38.2M	10.07M	23.46M
Total Current Liabilities	26.37M	93.12M	161M	277M	366M
Long-Term Debt	-	-	-	-	-
Long-Term Leases	597K	703K	488K	1.15M	16.88M
Unearned Revenue Non Current	-	-	180M	167M	158M
Deferred Tax Liability Non Current	-	3.15M	15.92M	2.88M	2.33M
Total Liabilities	26.96M	96.97M	357M	448M	542M
Preferred Stock Convertible	-	-	824M	824M	824M
Total Preferred Equity	-	-	824M	824M	824M
Common Stock, Total	72.26K	74.91K	76K	77K	79K
Additional Paid In Capital	160M	268M	281M	277M	298M
Retained Earnings	-55.43M	-51.49M	-239M	-12.05M	106M
Comprehensive Income and Other	-202K	614K	-1.88M	-701K	-3.25M
Total Common Equity	104M	217M	40.09M	264M	400M
Total Equity	104M	217M	865M	1.09B	1.22B
Total Liabilities And Equity	131M	314M	1.22B	1.54B	1.77B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	218M	226M	230M	233M	235M
ECS Total Common Shares Outstanding	217M	225M	229M	232M	235M
Book Value / Share	0.48	0.97	0.17	1.14	1.7
Tangible Book Value	77.32M	186M	14.16M	238M	316M
Tangible Book Value Per Share	0.36	0.83	0.06	1.03	1.35
Total Debt	1.12M	1.37M	1.22M	2.19M	20.25M
Net Debt	-42.12M	-14.88M	-613M	-754M	-870M
Debt Equivalent Oper. Leases	3.08M	3.81M	-	-	17.16M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	4.68M	70.2M	62.49M	49.02M	27.09M
Inventories - Finished Goods, Total	15.33M	124M	119M	184M	109M
Machinery, Total	1.1M	4.25M	12.27M	29.52M	63.83M
Full Time Employees	154	225	378	765	1.07K
Accumulated Allowance for Doubtful Accounts (Supple)	550K	800K	2.1M	3.14M	5.28M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	8.52M	3.94M	-187M	227M	145M
Depreciation & Amortization - CF	579K	663K	1.42M	2.73M	6.67M
Amortization of Goodwill and Intangible Assets - (CF)	583K	600K	500K	500K	600K
Depreciation & Amortization, Total	1.16M	1.26M	1.92M	3.23M	7.27M
Amortization of Deferred Charges, Total - (CF)	576K	-	5.88M	14.12M	14.12M
(Gain) Loss From Sale Of Asset	-	-	-	198K	173K
(Gain) Loss on Sale of Investments - (CF)	-323K	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	2.38M	-	-
Stock-Based Compensation (CF)	6.34M	36.48M	20.66M	21.23M	19.59M
Provision and Write-off of Bad Debts	257K	1.49M	2.35M	2.13M	3.29M
Other Operating Activities, Total	468K	-5.81M	26.86M	-33.5M	10.77M
Change In Accounts Receivable	-7.47M	-25.25M	-26.37M	-122M	-89.66M
Change In Inventories	-3.86M	-175M	11.8M	-63.3M	77.19M
Change In Accounts Payable	8.12M	65.19M	34.91M	5.25M	-1.17M
Change in Unearned Revenues	-	-	189M	-12.72M	-9.51M
Change In Income Taxes	-	-	-	48.1M	-39.54M
Change In Deferred Taxes	-	-182K	-	-	-
Change in Other Net Operating Assets	-10.4M	1.47M	25.6M	51.24M	125M
Cash from Operations	3.4M	-96.59M	108M	141M	263M
Capital Expenditure	-574K	-3.15M	-8.26M	-17.43M	-23.39M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-	-	-	-	-75.34M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-3M
Other Investing Activities, Total	1.33M	1.89M	2.59M	3.23M	-
Cash from Investing	757K	-1.26M	-5.67M	-14.2M	-102M
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-9.88M	-94.1K	-63K	-44K	-61K
Total Debt Repaid	-9.88M	-94.1K	-63K	-44K	-61K
Issuance of Common Stock	26.02M	71.49M	3.68M	2.28M	3.86M
Repurchase of Common Stock	-657K	-	-	-	-2.26M
Issuance of Preferred Stock	-	-	542M	-	-
Preferred Dividends Paid	-	-	-11.53M	-27.46M	-27.5M
Common & Preferred Stock Dividends Paid	-	-	-11.53M	-27.46M	-27.5M
Other Financing Activities, Total	90.8K	-	-	-	-
Cash from Financing	15.57M	71.4M	534M	-25.22M	-25.97M
Foreign Exchange Rate Adjustments	434K	-538K	50K	1.26M	-997K
Net Change in Cash	20.16M	-26.99M	637M	103M	134M
Supplemental Items
Cash Interest Paid	448K	7.43K	-	-	-
Cash Income Tax Paid (Refund)	-	-	14.34M	56.75M	99.13M
Levered Free Cash Flow	-1.24M	-97.56M	-66.46M	158M	216M
Unlevered Free Cash Flow	-1.17M	-97.55M	-66.46M	158M	216M
Change In Net Working Capital	13.05M	130M	-10.4M	30.1M	-101M
Net Debt Issued / Repaid	-9.88M	-94.1K	-63K	-44K	-61K

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	4.46	-1.15	-12.64	12.07	5.9
Return on Total Capital	5.54	-1.58	-17.9	17.02	8.35
Return On Equity %	10.16	2.45	-34.63	23.22	12.54
Return on Common Equity	10.16	2.45	-154.63	119.68	32.37
Margin Analysis
Gross Profit Margin %	46.64	40.78	41.44	48.04	50.18
SG&A Margin	40.59	42.08	65.2	27.59	38.07
EBITDA Margin %	6.94	-0.9	-23.47	20.45	12.05
EBITA Margin %	6.5	-1.11	-23.68	20.25	11.55
EBIT Margin %	6.05	-1.3	-23.76	20.21	11.51
Income From Continuing Operations Margin %	6.52	1.25	-28.65	17.21	10.7
Net Income Margin %	6.52	1.25	-28.65	17.21	10.7
Net Avail. For Common Margin %	6.52	1.25	-30.42	13.81	7.93
Normalized Net Income Margin	4.1	-0.81	-14.36	13.83	9.01
Levered Free Cash Flow Margin	-0.95	-31.04	-10.17	11.95	15.95
Unlevered Free Cash Flow Margin	-0.9	-31.04	-10.17	11.95	15.95
Asset Turnover
Asset Turnover	1.18	1.41	0.85	0.96	0.82
Fixed Assets Turnover	103.76	105.25	82.95	68.65	25.95
Receivables Turnover (Average Receivables)	11.49	11.7	12.81	10.67	5.97
Inventory Turnover (Average Inventory)	4.14	1.78	2.1	3.4	3.75
Short Term Liquidity
Current Ratio	3.53	2.82	5.69	4.36	3.62
Quick Ratio	2.21	0.59	4.2	3.4	3.17
Operating Cash Flow to Current Liabilities	0.13	-1.04	0.67	0.51	0.72
Days Sales Outstanding (Average Receivables)	31.86	31.2	28.49	34.2	61.29
Days Outstanding Inventory (Average Inventory)	88.4	205.57	173.81	107.27	97.66
Average Days Payable Outstanding	55.29	27.03	43.11	24.54	34.78
Cash Conversion Cycle (Average Days)	64.98	209.74	159.19	116.94	124.17
Long Term Solvency
Total Debt/Equity	1.08	0.63	0.14	0.2	1.65
Total Debt / Total Capital	1.07	0.63	0.14	0.2	1.63
LT Debt/Equity	0.57	0.32	0.06	0.11	1.38
Long-Term Debt / Total Capital	0.57	0.32	0.06	0.11	1.36
Total Liabilities / Total Assets	20.54	30.88	29.25	29.15	30.7
EBIT / Interest Expense	7.72	-544.91	-	-	-
EBITDA / Interest Expense	9.23	-313.06	-	-	-
(EBITDA - Capex) / Interest Expense	8.67	-732.82	-	-	-
Total Debt / EBITDA	0.12	-0.58	-0.01	0.01	0.12
Net Debt / EBITDA	-4.45	6.33	4.01	-2.8	-5.26
Total Debt / (EBITDA - Capex)	0.13	-0.25	-0.01	0.01	0.14
Net Debt / (EBITDA - Capex)	-4.74	2.71	3.8	-2.99	-6.12
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	73.96	140.41	107.97	101.65	2.85
Gross Profit, 1 Yr. Growth %	94.79	110.2	111.34	133.74	7.43
EBITDA, 1 Yr. Growth %	-806.64	-131.59	5.33K	-275.62	-39.43
EBITA, 1 Yr. Growth %	-686.42	-141	4.34K	-272.26	-41.31
EBIT, 1 Yr. Growth %	-646.17	-151.69	3.7K	-271.38	-41.42
Earnings From Cont. Operations, 1 Yr. Growth %	-14.52	-53.81	-4.86K	-221.1	-36.03
Net Income, 1 Yr. Growth %	-14.52	-53.81	-4.86K	-221.1	-36.03
Normalized Net Income, 1 Yr. Growth %	-444.18	-147.36	3.6K	-294.13	-33.04
Diluted EPS Before Extra, 1 Yr. Growth %	-32.91	-54.49	-5.35K	-187.47	-41.12
Accounts Receivable, 1 Yr. Growth %	92.76	158.51	63.42	190.16	47.16
Inventory, 1 Yr. Growth %	20.35	939.04	-9.38	32.31	-42.79
Net Property, Plant and Equip., 1 Yr. Growth %	67.4	178.55	158.65	137.86	186.46
Total Assets, 1 Yr. Growth %	45.26	139.18	289.17	25.72	15
Tangible Book Value, 1 Yr. Growth %	113.22	140.85	-92.4	1.58K	32.98
Common Equity, 1 Yr. Growth %	64.4	108.04	-81.53	558.6	51.47
Cash From Operations, 1 Yr. Growth %	228.35	-2.94K	-212.01	30.54	86.16
Capital Expenditures, 1 Yr. Growth %	635.82	449.08	162.35	110.95	34.17
Levered Free Cash Flow, 1 Yr. Growth %	-125.52	7.05K	-31.88	-336.76	37.28
Unlevered Free Cash Flow, 1 Yr. Growth %	-123.99	7.4K	-31.88	-336.76	37.28
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	57.64	104.5	123.6	104.79	44.02
Gross Profit, 2 Yr. CAGR %	70.15	102.35	110.77	122.26	58.47
EBITDA, 2 Yr. CAGR %	-2.62	48.36	301.33	876.71	3.14
EBITA, 2 Yr. CAGR %	-6.14	55.21	326.45	774.45	0.55
EBIT, 2 Yr. CAGR %	-9.41	68.03	343.04	707.01	0.19
Earnings From Cont. Operations, 2 Yr. CAGR %	-12.79	-37.16	368.73	659	-11.99
Net Income, 2 Yr. CAGR %	-12.79	-37.16	368.73	659	-11.99
Normalized Net Income, 2 Yr. CAGR %	-6.63	27.67	318.59	747.8	14.01
Diluted EPS Before Extra, 2 Yr. CAGR %	-30.83	-44.75	388.76	557.87	-28.23
Accounts Receivable, 2 Yr. CAGR %	7.45	123.23	105.54	117.76	106.64
Inventory, 2 Yr. CAGR %	26.6	253.62	206.86	9.5	-13
Net Property, Plant and Equip., 2 Yr. CAGR %	259.81	115.94	168.41	148.04	161.03
Total Assets, 2 Yr. CAGR %	94.72	86.4	205.09	121.19	20.24
Tangible Book Value, 2 Yr. CAGR %	155.94	126.61	-57.21	12.99	372.54
Common Equity, 2 Yr. CAGR %	197.31	84.94	-38.01	10.3	215.84
Cash From Operations, 2 Yr. CAGR %	-46.01	866.5	464.49	20.92	55.89
Capital Expenditures, 2 Yr. CAGR %	127.95	535.63	279.44	135.25	68.24
Levered Free Cash Flow, 2 Yr. CAGR %	-58.28	348.61	590.03	27.07	80.28
Unlevered Free Cash Flow, 2 Yr. CAGR %	-59.03	346.56	857.76	27.07	80.28
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	53.47	81.45	105.65	116.03	62.78
Gross Profit, 3 Yr. CAGR %	58.1	82.57	105.3	118.16	74.43
EBITDA, 3 Yr. CAGR %	4.03	-33.4	392.5	204.77	286.61
EBITA, 3 Yr. CAGR %	1.68	-28.73	374.56	215.32	255.37
EBIT, 3 Yr. CAGR %	-0.7	-24.86	375.07	222.9	236.64
Earnings From Cont. Operations, 3 Yr. CAGR %	1.13	-29.44	165.82	198.54	232.77
Net Income, 3 Yr. CAGR %	1.13	-29.44	165.82	198.54	232.77
Normalized Net Income, 3 Yr. CAGR %	1.31	-25.54	292.16	224.1	263.75
Diluted EPS Before Extra, 3 Yr. CAGR %	-17.17	-39.84	152.13	175.78	194.27
Accounts Receivable, 3 Yr. CAGR %	32.96	43.98	101.19	130.57	91.09
Inventory, 3 Yr. CAGR %	51.38	155.37	124.61	131.82	-11.81
Net Property, Plant and Equip., 3 Yr. CAGR %	193.11	230.38	129.33	157.81	160.23
Total Assets, 3 Yr. CAGR %	69.19	108.53	138.23	127.03	77.86
Tangible Book Value, 3 Yr. CAGR %	65.21	150.81	-26.91	45.41	19.29
Common Equity, 3 Yr. CAGR %	82.56	163.95	-14.19	36.28	22.6
Cash From Operations, 3 Yr. CAGR %	-26.12	102.41	371.21	246.48	39.62
Capital Expenditures, 3 Yr. CAGR %	126.26	205.57	373.24	212	95.09
Levered Free Cash Flow, 3 Yr. CAGR %	-38.79	139.43	139.33	383.26	30.38
Unlevered Free Cash Flow, 3 Yr. CAGR %	-39.48	140.77	138.61	501.32	30.39
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	49.99	69.05	78.41	90.45	78.34
Gross Profit, 5 Yr. CAGR %	54	67.47	77.37	97.52	85.1
EBITDA, 5 Yr. CAGR %	38.28	-0.01	80.26	94.97	163.56
EBITA, 5 Yr. CAGR %	35.97	4.17	80.5	94.28	155.15
EBIT, 5 Yr. CAGR %	34.05	7.53	80.61	94.21	154.95
Earnings From Cont. Operations, 5 Yr. CAGR %	31.72	5.12	86.77	82.49	70.83
Net Income, 5 Yr. CAGR %	31.72	5.12	86.77	82.49	70.83
Normalized Net Income, 5 Yr. CAGR %	31.86	5.72	78.7	97.01	139.29
Diluted EPS Before Extra, 5 Yr. CAGR %	7.28	-10.86	68.48	58.6	52.64
Accounts Receivable, 5 Yr. CAGR %	47.77	69.27	58.27	69.89	103.35
Inventory, 5 Yr. CAGR %	51.28	143.99	100.82	82	53.7
Net Property, Plant and Equip., 5 Yr. CAGR %	136.51	165.14	182.97	194.59	141.52
Total Assets, 5 Yr. CAGR %	53.78	77.71	114.19	113.51	81.23
Tangible Book Value, 5 Yr. CAGR %	54.64	76.43	-3.76	82.31	54.2
Common Equity, 5 Yr. CAGR %	64.19	81.91	18.51	86.18	44.51
Cash From Operations, 5 Yr. CAGR %	35.07	110.03	66.64	64.72	202.73
Capital Expenditures, 5 Yr. CAGR %	122.97	152.28	178.26	175.21	212.91
Levered Free Cash Flow, 5 Yr. CAGR %	90.95	156.69	65.24	85.83	113.74
Unlevered Free Cash Flow, 5 Yr. CAGR %	36.22	166	65.86	86.46	113.35