| Market Capitalization (Millions $) |
3,329 |
| Shares
Outstanding (Millions) |
61 |
| Employees |
336 |
| Revenues (TTM) (Millions $) |
706 |
| Net Income (TTM) (Millions $) |
109 |
| Cash Flow (TTM) (Millions $) |
35 |
| Capital Exp. (TTM) (Millions $) |
7 |
Business Description
The Vita Coco Company Inc is a privately held American company that specializes in the production of coconut water, coconut milk, and other related products. The company was founded in 2004 by two childhood friends, Michael Kirban and Ira Liran, after they realized the potential of the coconut water market while on a trip to Brazil.
The company's flagship product is Vita Coco, which is made from young green coconuts sourced from Southeast Asia, South America, and the Caribbean. The coconuts are harvested by hand, and the water is extracted within hours of the harvest to ensure that it is fresh and full of nutrients. The product is packaged in Tetra Pak cartons, which are recyclable and environmentally friendly.
In addition to coconut water, the Vita Coco Company Inc produces coconut milk and other coconut-based products such as coffee creamer, sparkling water, and pressed coconut oil. The company has also expanded its product line to include plant-based drinks such as almond milk and oat milk.
The company's products are sold in over 30 countries, including the United States, Canada, Europe, and Asia. Vita Coco is the leading coconut water brand in the United States and the United Kingdom and is sold in major supermarkets, convenience stores, and online retailers.
The Vita Coco Company Inc has received numerous awards for its products and sustainable practices. The company is a member of the Roundtable on Sustainable Palm Oil (RSPO) and is committed to sourcing palm oil from sustainable sources. The company also supports projects that promote sustainable farming practices and economic development in coconut-producing regions.
Overall, The Vita Coco Company Inc has become a leading international brand in the health and wellness industry, offering natural and healthy coconut-based products that are sustainable and environmentally responsible.
Company Address: 111 Fifth Avenue Zagreb 10003 City of Zagreb
Company Phone Number: 206-0763 Stock Exchange / Ticker: NASDAQ COCO
|
143.68 %