COCO on Nasdaq

Vita Coco Company, Inc.

American beverages company based in New York, listed on Nasdaq (COCO)1

In its 2026 annual report the company says: “We are one of the largest brands globally in the coconut and other plant waters category, and a large supplier of Private Label coconut water. Our branded portfolio is led by our Vita Coco brand, which is the leader in the coconut water category in the United States, and also includes coconut oil, juice, and milk offerings.”4

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Last updated Oct 21, 2026.

Overview

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  • TickerCOCO on Nasdaq1
  • IndustryBeverages1
  • HeadquartersNew York, New York1
  • Incorporated inDE2
  • Business address111 5Th Avenue, 2Nd Floor, New York, Ny 100032
  • Filer categoryLarge accelerated filer2
  • Legal formCorporation

The Vita Coco Company pioneered packaged coconut water in 2004 and we have extended our business into other categories. Our mission is to deliver great tasting, natural and nutritious products that we believe are better for consumers and better for the world. We are one of the largest brands globally in the coconut and other plant waters category, and a large supplier of Private Label coconut water.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

36.5%Gross margin5
13.5%Operating margin5
11.7%Net margin5
18.2%Revenue growth, 20255
21.5%Return on equity5
$39.0MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue62¢$387.2M
  • Research and development0¢$399.0K
  • Selling, general and admin23¢$140.1M
  • Income tax3¢$21.7M
  • Profit11¢$71.3M

Out of $609.8M in revenue.5

Where each dollar of operating cash went, fiscal 2025

  • Capital spending17¢$8.1M
  • Share buybacks24¢$11.3M
  • Kept or used elsewhere59¢$27.8M

Out of $47.2M of cash from operations.56

Financial statements

Revenue789105$609.8M in 2025+115% since 2019
0$200.0M$400.0M$600.0M$800.0M2019: $283.9M$283.9M20192020: $310.6M$310.6M2020+9%2021: $379.5M$379.5M2021+22%2022: $427.8M$427.8M2022+13%2023: $493.6M$493.6M2023+15%2024: $516.0M$516.0M2024+5%2025: $609.8M$609.8M2025+18%
Gross profit789105$222.6M in 2025+139% since 2019
0$100.0M$200.0M$300.0M2019: $93.0M$93.0M20192020: $104.9M$104.9M2020+13%2021: $113.1M$113.1M2021+8%2022: $103.4M$103.4M2022−9%2023: $180.7M$180.7M2023+75%2024: $198.8M$198.8M2024+10%2025: $222.6M$222.6M2025+12%
Operating income789105$82.5M in 2025+517% since 2019
0$25.0M$50.0M$75.0M$100.0M2019: $13.4M$13.4M20192020: $46.9M$46.9M2020+250%2021: $24.6M$24.6M2021−48%2022: $3.1M$3.1M2022−88%2023: $56.5M$56.5M2023+1749%2024: $73.8M$73.8M2024+31%2025: $82.5M$82.5M2025+12%
Net income789105$71.3M in 2025+657% since 2019
0$20.0M$40.0M$60.0M$80.0M2019: $9.4M$9.4M20192020: $32.7M$32.7M2020+247%2021: $19.0M$19.0M2021−42%2022: $7.8M$7.8M2022−59%2023: $46.6M$46.6M2023+497%2024: $56.0M$56.0M2024+20%2025: $71.3M$71.3M2025+27%
Fiscal year2019202020212022202320242025
Revenue$283.9M7$310.6M8$379.5M9$427.8M10$493.6M5$516.0M5$609.8M5
Cost of revenue$191.0M7$205.8M8$266.4M9$324.4M10$312.9M5$317.2M5$387.2M5
Gross profit$93.0M7$104.9M8$113.1M9$103.4M10$180.7M5$198.8M5$222.6M5
Research and development$642.0K7$313.0K8$477.0K9$541.0K10$418.0K5$398.0K5$399.0K5
Selling, general and admin$78.9M7$74.4M8$88.6M9$100.3M10$124.2M5$125.0M5$140.1M5
Operating expenses$88.6M9$100.3M10$124.2M5$125.0M5$140.1M5
Operating income$13.4M7$46.9M8$24.6M9$3.1M10$56.5M5$73.8M5$82.5M5
Interest$1.2M7$791.0K8$360.0K9$258.0K9$31.0K9
Income before tax$24.2M9$10.8M10$57.9M5$70.8M5$93.0M5
Income tax$2.0M7$10.9M8$5.2M9$3.0M10$11.3M5$14.8M5$21.7M5
Net income$9.4M7$32.7M8$19.0M9$7.8M10$46.6M5$56.0M5$71.3M5
Earnings per share$0.177$0.568$0.359$0.1410$0.835$0.995$1.255
Earnings per share (diluted)$0.167$0.568$0.359$0.1410$0.795$0.945$1.195
Shares (weighted, basic)53.7M shares955.7M shares1056.4M shares556.7M shares556.9M shares5
Shares (weighted, diluted)54.2M shares956.1M shares1058.7M shares559.3M shares560.0M shares5

Compare Vita Coco Company, Inc. with another company

Corporate structure

Vita Coco Company, Inc. sits at the top of its group. 14 entities, 11 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Vita Coco Company, Inc.

  • Verlinvest Beverages SA Filed SCHEDULE 13G/A on Vita Coco Company, Inc., latest Aug 10, 2026 (7 filings since Feb 11, 2022)
  • FMR LLC Filed SCHEDULE 13G/A on Vita Coco Company, Inc., latest Aug 6, 2026 (3 filings since Aug 6, 2025)
  • WASATCH ADVISORS LP Filed SCHEDULE 13G/A on Vita Coco Company, Inc., latest Jul 17, 2026 (2 filings since Apr 21, 2026)
  • Michael Kirban Filed SCHEDULE 13G/A on Vita Coco Company, Inc., latest May 15, 2026 (4 filings since Feb 11, 2022)
  • BlackRock Filed SCHEDULE 13G/A on Vita Coco Company, Inc., latest Apr 7, 2026 (3 filings since Oct 24, 2024)
  • VANGUARD GROUP INC Filed SCHEDULE 13G/A on Vita Coco Company, Inc., latest Mar 27, 2026 (2 filings since Oct 31, 2025)
  • Reignwood International Investment (Group) Co Ltd Filed SC 13G/A on Vita Coco Company, Inc., latest Mar 27, 2024
  • RW VC S.a.r.l. Filed SC 13G/A on Vita Coco Company, Inc., latest Mar 13, 2023 (2 filings since Feb 14, 2022)
  • Vita Coco Company, Inc. New York, New York
    • All Consumer Coconuts Products Germany GmbH Subsidiary · Germany
    • All Market Canada Inc. Subsidiary · Canada
    • All Market Consumer SL Subsidiary · Spain
    • All Market Europe Limited Subsidiary · United Kingdom
    • All Market Singapore Pte Ltd Subsidiary · Singapore
    • AMI Runa U.S. LLC Subsidiary · Delaware, United States
    • Coco Community Pte Ltd Subsidiary · Singapore
    • CocoWorks, Inc. Subsidiary · Delaware, United States
    • Vita Coco APAC Limited Subsidiary · Hong Kong
    • Vita Coco France SAS Subsidiary · France
    • Vita Coco Japan, LLC (GK) Subsidiary · Japan
    • Vita Coco Korea Ltd Subsidiary · South Korea
    • Vita Coco Mexico, S. DE R.L. DE C.V. Subsidiary · Mexico

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Vita Coco Company, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$15.8M5 Dec 31, 2025$8.0M5 Dec 31, 2024+97.0%
Accumulated depreciation$6.5M5 Dec 31, 2025$5.7M5 Dec 31, 2024+14.9%
Property and equipment, net$9.3M5 Dec 31, 2025$2.4M5 Dec 31, 2024+295.5%
Operating-lease assets (leased space)$11.6M5 Dec 31, 2025$385.0K5 Dec 31, 2024+2910.9%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$196.9M5 Dec 31, 2025$164.7M5 Dec 31, 2024+19.6%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$7.8M5 Dec 31, 2025$7.8M5 Dec 31, 20240%

Inventory

ItemLatestA year beforeChange
Inventory, total$111.5M5 Dec 31, 2025$83.6M5 Dec 31, 2024+33.3%
Finished goods$106.1M5 Dec 31, 2025$80.1M5 Dec 31, 2024+32.5%

Properties, in its own words

Our corporate headquarters is currently located in Manhattan, New York, at 111 Fifth Avenue, where we lease office space that provides support to both our Americas and International segments. As of December 31, 2025, we occupied office facilities totaling approximately 36,900 square feet in the U.S., Singapore, and London, with the Singapore and London facilities primarily supporting our International segment and global supply chain. We believe that these office spaces will be adequate to support our operating needs in the short to mid-term and that we will be able to obtain additional or substitute space, as needed, on commercially reasonable terms.

Item 2 of the 10-K filed Feb 18, 2026.4

Leadership

Who has led Vita Coco Company, Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (17)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive OfficerCharles van Es named Aug 6, 202633

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • AMI Runa U.S. LLC Delaware3
  • All Consumer Coconuts Products Germany GmbH Germany3
  • All Market Canada Inc. Canada3
  • All Market Consumer SL Spain3
  • All Market Europe Limited United Kingdom3
  • All Market Singapore Pte Ltd Singapore3
  • Coco Community Pte Ltd Singapore3
  • CocoWorks, Inc. Delaware3
  • Vita Coco APAC Limited Hong Kong3
  • Vita Coco France SAS France3
  • Vita Coco Japan, LLC (GK) Japan3
  • Vita Coco Korea Ltd South Korea3
  • Vita Coco Mexico, S. DE R.L. DE C.V. Mexico3

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • All Market Inc.Aug 30, 2021 to Aug 31, 20212
  • All Market, Inc.Feb 3, 2010 to Jul 16, 20212

Timeline

  1. Jul 23, 20268-K Results of operations34
  2. Jul 22, 20268-K Entered a material agreement; Completed an acquisition or sale; Unregistered sale of shares35
  3. Jun 4, 20268-K Shareholder vote36
  4. Apr 29, 20268-K Results of operations37
  5. Apr 22, 20268-K Executive or director change38
  6. Apr 10, 20268-K Executive or director change39
  7. Feb 18, 20268-K Results of operations40
  8. Jan 8, 20268-K Executive or director change; Regulation FD disclosure41
  9. Nov 17, 20258-K Regulation FD disclosure42
  10. Oct 29, 20258-K Results of operations43
  11. Jul 30, 20258-K Results of operations44
  12. Jun 13, 20258-K Entered a material agreement45
  13. Feb 16, 2022New chief executive Martin F. Roper becomes CEO13

Calendar

Coming up

  1. Oct 22, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported $0.40 a share, on Oct 29, 2025.46

When it reported results

  1. Jul 23, 2026Reported quarterly or annual results34
  2. Apr 29, 2026Reported quarterly or annual results37
  3. Feb 18, 2026Reported quarterly or annual results40
  4. Oct 29, 2025Reported quarterly or annual results43
  5. Jul 30, 2025Reported quarterly or annual results44
  6. Apr 30, 2025Reported quarterly or annual results47
  7. Feb 26, 2025Reported quarterly or annual results48
  8. Oct 30, 2024Reported quarterly or annual results49

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

600 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 46 major events, 355 insider forms, 24 large holders, 1 private raises, 154 other. The latest 20:

  1. Aug 19, 20264 PRIMARY DOCUMENT EDGAR
  2. Aug 19, 20264 PRIMARY DOCUMENT EDGAR
  3. Aug 19, 20264 PRIMARY DOCUMENT EDGAR
  4. Aug 10, 2026SCHEDULE 13G/A EDGAR
  5. Aug 6, 2026D EDGAR
  6. Aug 6, 2026SCHEDULE 13G/A EDGAR
  7. Jul 23, 20268-K EDGAR
  8. Jul 23, 2026S-3ASR EDGAR
  9. Jul 23, 202610-Q EDGAR
  10. Jul 22, 20268-K EDGAR
  11. Jul 17, 2026SCHEDULE 13G/A EDGAR
  12. Jun 18, 20264 PRIMARY DOCUMENT EDGAR
  13. Jun 17, 2026144 EDGAR
  14. Jun 15, 20264 PRIMARY DOCUMENT EDGAR
  15. Jun 12, 20264 PRIMARY DOCUMENT EDGAR
  16. Jun 12, 20264 PRIMARY DOCUMENT EDGAR
  17. Jun 11, 2026144 EDGAR
  18. Jun 11, 2026144 EDGAR
  19. Jun 5, 20264 PRIMARY DOCUMENT EDGAR
  20. Jun 5, 20264 PRIMARY DOCUMENT EDGAR

The 600 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

273 open-market trades by officers, directors and large owners since October 2021: 13 buys and 260 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 17, 2026Sadowsky KennethDirectorSale3,900$82.92$323.4KForm 4
Jun 12, 2026Liran IraDirectorSale148,074$80.31$11.9MForm 4
Jun 11, 2026Liran IraDirectorSale191,926$79.14$15.2MForm 4
Jun 11, 2026Burth JonathanChief Operating OfficerSale30,000$80.00$2.4MForm 4
Jun 1, 2026van Es CharlesChief Commercial OfficerSale8,045$75.05$603.8KForm 4
May 20, 2026Sadowsky KennethDirectorSale3,900$77.48$302.2KForm 4
May 12, 2026Burth JonathanChief Operating OfficerSale30,000$75.00$2.2MForm 4
May 8, 2026Burth JonathanChief Operating OfficerSale20,000$70.00$1.4MForm 4
May 8, 2026van Es CharlesChief Commercial OfficerSale8,561$70.00$599.3KForm 4
May 1, 2026van Es CharlesChief Commercial OfficerSale2,000$66.87$133.7KForm 4
Apr 30, 2026Kirban MichaelExecutive ChairmanSale50,000$68.00$3.4MForm 4
Apr 30, 2026Burth JonathanChief Operating OfficerSale20,000$67.50$1.4MForm 4
Apr 29, 2026Burth JonathanChief Operating OfficerSale40,000$63.75$2.5MForm 4
Apr 29, 2026Roper MartinChief Executive OfficerSale20,544$59.35$1.2MForm 4
Apr 28, 2026Roper MartinChief Executive OfficerSale25,000$51.13$1.3MForm 4
Apr 27, 2026Roper MartinChief Executive OfficerSale25,000$50.00$1.2MForm 4
Apr 24, 2026Roper MartinChief Executive OfficerSale25,000$50.00$1.2MForm 4
Apr 16, 2026Roper MartinChief Executive OfficerSale25,000$50.00$1.2MForm 4
Apr 15, 2026Roper MartinChief Executive OfficerSale25,000$50.11$1.3MForm 4
Apr 15, 2026Sadowsky KennethDirectorSale3,900$48.93$190.8KForm 4

All 273 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Martin RoperChief Executive Officer63$625.0K$4.5M58
2025Michael KirbanCo-Founder and Executive Chairman50$625.0K$4.5M58
2025Jonathan BurthChief Operating Officer44$390.0K$1.9M58
2025Charles van EsChief Commercial Officer49$385.0K$1.9M58
2025Corey BakerChief Financial Officer54$385.0K$1.9M58
2024Martin RoperChief Executive Officer63$525.0K$3.6M58
2024Michael KirbanCo-Founder and Executive Chairman50$525.0K$3.6M58
2024Jonathan BurthChief Operating Officer44$380.0K$1.2M58
2024Charles van EsChief Commercial Officer49$375.0K$1.2M58
2024Corey BakerChief Financial Officer54$375.0K$1.2M58
2023Martin RoperChief Executive Officer63$484.0K$3.3M58
2023Michael KirbanCo-Founder and Executive Chairman50$484.0K$3.2M58
2023Corey BakerChief Financial Officer54$298.6K$2.2M58
2023Jonathan BurthChief Operating Officer44$370.0K$1.2M58
2023Charles van EsChief Commercial Officer49$365.0K$1.2M58

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Jul 22, 2026Raised $35 million in a private offering of equity Form D: $135 million offered in all Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.7,010,187$463.7M0.0%+233,631
Fmr LLC3,213,969$212.6M0.0%−1,541,697
Wasatch Advisors LP2,255,360$149.2M1.0%−1,420,129
Vanguard Capital Management LLC2,094,091$138.5M0.0%+2,123
State Street Corp1,847,940$122.3M0.0%+118,942
Wellington Management Group Llp1,844,963$122.0M0.0%−489,256
Driehaus Capital Management LLC1,503,177$99.4M0.6%−20,470
Geode Capital Management, LLC1,379,689$91.3M0.0%+83,961
Vanguard Portfolio Management LLC1,244,889$82.3M0.0%+121,927
Congress Asset Management Co1,207,102$79.8M0.5%New
Ameriprise Financial Inc1,146,654$75.8M0.0%−297,262
Westfield Capital Management Co LP1,137,802$75.3M0.2%−14,131
D. E. Shaw & Co., Inc.1,104,020$73.0M0.0%−110,413
Dimensional Fund Advisors LP1,098,490$72.7M0.0%+25,077
Loomis Sayles & Co L P1,001,278$66.2M0.1%−71,371
Jane Street Group, LLC927,278$61.3M0.0%New
Bank Of America Corp /de/857,603$56.7M0.0%+456,134
Invesco Ltd.690,799$45.7M0.0%+571,286
Goldman Sachs Group Inc673,665$44.6M0.0%+131,619
Two Sigma Investments, LP648,091$42.9M0.0%+195,906
Northern Trust Corp512,696$33.9M0.0%+40,298
Morgan Stanley449,443$29.7M0.0%+3,540
Marshall Wace, Llp439,293$29.1M0.0%−814,647
Charles Schwab Investment Management Inc421,793$27.9M0.0%+36,825
Artisan Partners Limited Partnership417,923$27.6M0.0%−663,888

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

5 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Sep 17, 2026Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000+3.2%Report
Jul 10, 2026Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000−20.0%Report
Mar 3, 2026Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000−5.0%Report
Dec 11, 2025Gilbert Ray Cisneros, Jr.Democratic, HousePartial sale$1,001 - $15,000+4.0%Report
Dec 1, 2023Josh GottheimerDemocratic, HouseBuy$1,001 - $15,000+43.1%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Vita Coco Company, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARVita Coco Company, Inc.1
  • CIK0001482981
  • Employer ID (EIN)11-37131564
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company4
  • Incorporated inDelaware4
  • Fiscal year endsDecember 311
  • Industry code (SIC)2080 Beverages1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business address111 5Th Avenue, 2Nd Floor, New York, NY 100031
  • Phone212-206-07631
  • Shares outstanding57,397,082 as of Jul 21, 20266
  • Public float$1.7B as of Jun 30, 20254
  • AuditorDeloitte & Touche LLP, New York, New York PCAOB ID 34; it also attests to the company’s internal control over financial reporting4
  • On EDGAR sinceFeb 3, 20101
  • Filings612 in all: 4 (329), 144 (116), 8-K (44), 3 (19), 10-Q (15), SCHEDULE 13G/A (10), DEFA14A (7), D (6)1
    All 34 form types

    SC 13G/A (6), 10-K (5), CORRESP (5), DEF 14A (5), SC 13G (5), 4/A (4), ARS (4), UPLOAD (4), 3/A (3), 424B7 (3), SCHEDULE 13G (3), 8-K/A (2), EFFECT (2), S-1/A (2), SEC STAFF LETTER (2), 424B4 (1), 8-A12B (1), CERT (1), DRS (1), DRS/A (1), DRSLTR (1), FWP (1), S-1 (1), S-3 (1), S-3ASR (1), S-8 (1)

  • Latest filingsAnnual report (10-K) Feb 18, 2026
    Quarterly report (10-Q) Jul 23, 2026
    Proxy statement (DEF 14A) Apr 22, 2026
    Latest 8-K (8-K) Jul 23, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, Par Value $0.01 Per ShareCOCOThe Nasdaq Stock Market LLC

From the cover page of the 10-K filed Feb 18, 2026 (Section 12(b) of the Exchange Act).4

Risk factors and legal proceedings

The risks Vita Coco Company, Inc. names in Item 1A of its 10-K filed Feb 18, 2026: 44 risks under these headings, as written.4

  • Risks Related to Our Business and Industry
  • Sales of our coconut water products constitute a significant portion of our revenue, and a reduction in demand for our coconut water products or a decrease in consumer demand for coconut water generally would have an adverse effect on our financial condition.
  • If we encounter problems or interruptions with our supply chain, our costs may increase and our or our customers’ ability to deliver our products to market could be adversely affected, impacting our business and profitability.
  • Our cash flows and results of operations may be negatively affected if we are not successful in predicting demand and managing our inventory at appropriate levels for the demand that we experience.
  • Our future business, financial condition, results of operations and cash flows may be adversely affected by reduced or limited availability of coconuts and other raw materials for our products.
  • The success of our financial performance is closely tied to our Americas operating segment.
  • We are dependent on our existing suppliers for materials used to package our products, the costs of which may be volatile and may rise significantly.
  • We are dependent on distributor and retail customers for most of our sales, and our failure to maintain these relationships or further develop our sales channels could harm our business, financial condition, results of operations and cash flows.
  • Competition in the food and beverage retail industry is strong and presents an ongoing threat to the success of our business.
  • If we fail to develop and maintain our brands and Company image, our business could suffer.
  • Failure to introduce new products or successfully improve existing products or adopt new technology or marketing practices effectively, may adversely affect our ability to continue to grow and may cause us to lose market share and sales.
  • Consumer preferences for our products are difficult to predict and may change, and, if we are unable to respond quickly to new trends, our business may be adversely affected.
The other 33 risks
  • Pandemics, epidemics, disease outbreaks or global trade disruption may disrupt our business, including, among other things, consumption and trade patterns, and our supply chain and production processes, each of which could materially affect our operations, liquidity, financial condition and results of operations.
  • We rely on independent certification for a number of our products.
  • We may not be successful in our efforts to make acquisitions and successfully integrate newly acquired products or businesses.
  • Climate change, or legal or market measures to address climate change, may negatively affect our business and operations.
  • Failure to retain our senior management and key personnel, or to maintain and evolve our culture may adversely affect our operations or our ability to grow successfully.
  • If our independent suppliers and manufacturing partners, or the local farmers or other suppliers from which our manufacturing partners source the raw materials, do not comply with ethical business practices or with applicable laws and regulations, our reputation, business, and results of operations may be harmed.
  • The international nature of our business subjects us to additional risks.
  • We are subject to risks related to sustainability and corporate social responsibility.
  • Risks Related to Our Legal and Regulatory Environment
  • Food safety and food-borne illness incidents or other safety concerns may materially adversely affect our business by exposing us to lawsuits, product recalls or regulatory enforcement actions, increasing our operating costs and reducing demand for our product offerings.
  • Our products and operations are subject to state and government regulation and oversight both in the U.S. and abroad, and our failure to comply with applicable requirements, or to respond to changes in regulations applicable to our business could adversely affect our business, financial condition, results of operations and cash flows.
  • Advertising inaccuracies and product mislabeling may have an adverse effect on our business by exposing us to lawsuits, product recalls or regulatory enforcement actions, increasing our operating costs and reducing demand for our product offerings.
  • Federal, state and foreign anti-corruption, sanctions and trade laws create the potential for significant liabilities and penalties and reputational harm.
  • Changes in U.S. trade policy, including the imposition of new and revised tariffs on our principal sourcing countries, have increased our costs and created significant uncertainty, and could continue to materially and adversely affect our business, financial condition, results of operations, and cash flows.
  • Litigation or legal proceedings could expose us to significant liabilities and have a negative impact on our reputation or business.
  • Risks Related to Our Information Technology and Intellectual Property
  • We rely heavily on our information technology systems, as well as those of our third-party vendors and business partners, for our business to effectively operate and to safeguard confidential information; any significant failure, inadequacy, interruption or data security incident could adversely affect our business, financial condition, results of operations and cash flows.
  • Changes in laws, regulations, and public perception concerning data privacy, or changes in the patterns of enforcement of existing laws and regulations, could impact our ability to efficiently gather, process, update, and/or provide some or all of the information we currently provide or the ability of our customers and users to use some or all of our products or services, and increases our compliance costs and litigation risks.
  • We may not be able to protect our intellectual property adequately, which may harm the value of our brands.
  • Our ability to adopt, develop and deploy AI and other new technologies may affect demand for our products and impact our internal operations.
  • Risks Related to the Ability to Finance our Business and Our Indebtedness
  • We may require additional financing to achieve our goals, which may not be available when needed or may be costly and dilutive.
  • We may be unable to generate sufficient cash flow to satisfy our future debt service obligations, which would adversely affect our financial condition and results of operations.
  • The agreements governing our current and future indebtedness may contain restrictive covenants and our failure to comply with any of these covenants could put us in default, which would have an adverse effect on our business and prospects.
  • Any changes to interest rates could affect the value of any investments and interest income thereof, or could significantly change the cost of any borrowing.
  • Risks Related to the Ownership of Our Common Stock
  • Concentration of ownership of our shares among our existing executive officers, directors and principal shareholders may prevent new investors from influencing significant corporate decisions.
  • As a public reporting company, we are subject to rules and regulations established from time to time by the SEC and Nasdaq regarding our internal control over financial reporting. These rules and regulations require, among other things, that we establish and periodically evaluate procedures with respect to our internal control over financial reporting. Reporting obligations as a public company place a considerable strain on our financial and management systems, processes and controls, as well as on our personnel.
  • We do not intend to pay dividends for the foreseeable future. Consequently, any gains from an investment in our common stock will likely depend on whether the price of our common stock increases.
  • Delaware law and provisions in our amended and restated certificate of incorporation and amended and restated bylaws could make a merger, tender offer or proxy contest more difficult, limit attempts by our stockholders to replace or remove our current management and depress the market price of our common stock.
  • We may issue additional capital stock in connection with financings, acquisitions, investments, our equity incentive plans, or otherwise, which will dilute other stockholders.
  • Our amended and restated certificate of incorporation provides that the Court of Chancery of the State of Delaware is the sole and exclusive forum for certain stockholder litigation matters and the federal district courts of the United States are the exclusive forum for the resolution of any complaint asserting a cause of action arising under the Securities Act, which could limit our stockholders’ ability to obtain a favorable judicial forum for disputes with us or our directors, officers, employees or stockholders.
  • General Risk Factors
  • Changes in tax laws or in their implementation may adversely affect our business and financial condition.
  • If our estimates or judgments relating to our critical accounting policies are based on assumptions that change or prove to be incorrect, our results of operations could fall below the expectations of our investors and securities analysts, resulting in a decline in the trading price of our common stock.
  • Risks Related to Our Existence as a Public Benefit Corporation
  • We operate as a Delaware public benefit corporation, and we cannot provide any assurance that we will achieve our public benefit purpose.
  • As a Delaware public benefit corporation, our focus on a specific public benefit purpose and producing a positive effect for society may negatively impact our financial performance or increase legal risk.
  • Our directors have a fiduciary duty to consider not only our stockholders’ interests, but also our specific public benefit and the interests of other stakeholders affected by our actions. If a conflict between such interests arises, there is no guarantee that such a conflict would be resolved in favor of our stockholders.

Legal proceedings

From time to time, we may be involved in various claims and legal proceedings related to claims arising out of our operations. We are not currently a party to any material legal proceedings, including any such proceedings that are pending or threatened, of which we are aware.

The opening of Item 3, Legal Proceedings.4

Sources

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