Celsius reports 138% annual revenue growth driven by Alani Nu and Rockstar acquisitions, but shares remain down 50% from highs.
Celsius (NASDAQ: CELH) posted a 138% year-over-year revenue increase to $782.6 million, fueled by its Alani Nu and Rockstar brands. Alani Nu sales jumped 60% to $368 million, while Rockstar contributed $67 million in revenue. The flagship Celsius brand also returned to growth, rising 6%.
North American sales surged 144% to $747.3 million, while international revenue climbed 55% to $35.3 million. Retail sales grew 29.8%, with Alani Nu doubling its shelf space. However, gross margins declined 400 basis points to 48.3%, though they improved 90 basis points sequentially.
Despite strong sales growth, Celsius shares are down nearly 50% from their highs and 25% year-to-date, reflecting investor concerns over margin compression and market volatility.