Understand The Income Statement

This is mostly an analysis on recent events but relates to the income statement of Celsius holdings. Lately, shares dropped more than 30% of the past several weeks. Even though the stock is more than 5,000% total over the last five years. This makes it one of the greatest five-year stock performances in history despite the volatility. Analysts have been talking about slowdowns in growth for energy drinks and point out that Celsius may be losing market share 12.4% to 12.2%. However, Celsius revenue grew 102% in 2023! Analysts site that for Q1 Celsius revenue was up only 37% which is a slowdown from the past couple years. Moreover, even though analysts estimate market-share of 12.2% it beats Celsius's own estimate of 11.4%. I believe analysts are spooking investors even though the company definitely has more growth to go since its recent expansion into international markets and most of the current growth has been in the USA. Generally, energy drink sales are higher over the summer so sales for Q2 and Q3 should reflect the growth of the company better. Q2 earnings call is August 13, 2024. Celcius is currently sitting at $56.07 from a high of $99.62.