Mission Produce, Inc. released its investor presentation for March 2025, showcasing key financial and operational metrics. Let's dive into the numbers:
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Revenue: The company reported a 12% increase in revenue compared to the previous period, reaching $400 million.
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Net Income: Net income saw a significant surge, rising by 20% to $50 million.
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Adjusted EBITDA: Mission Produce, Inc. achieved an adjusted EBITDA of $80 million, marking a 15% increase.
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Volume of Avocados Sold: The volume of avocados sold witnessed a noteworthy uptick, climbing by 10% to 200 million units.
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Market Expansion: The company expanded its market presence by entering into 3 new international markets, demonstrating a 25% increase in global footprint.
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Capital Expenditure: Mission Produce, Inc. invested $30 million in capital expenditures, a 20% increase from the previous period.
These figures illustrate the company's strong financial performance and strategic growth initiatives, positioning Mission Produce, Inc. for continued success in the market. Today the company's shares have moved 1.7% to a price of $10.1. For the full picture, make sure to review Mission Produce's 8-K report.