Mission Produce, Inc. (AVO)

Mission Produce Income Statement

Financials in millions USD. Fiscal year is November - October.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Apr 30, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020
Revenue	1,393	1,235	953.9	1,046	891.7	862.3
Revenue Growth (YoY)	29.50%	29.44%	-8.80%	17.29%	3.41%	-2.38%
Cost of Revenue	1,240	1,082	870.6	956.1	767.2	737.7
Gross Profit	153.4	152.5	83.3	89.8	124.5	124.6
Selling, General & Admin	91.1	86.3	74.8	76.5	62.4	56.2
Operating Expenses	91.1	86.8	76.4	77.5	62.8	56.2
Operating Income	62.3	65.7	6.9	12.3	61.7	68.4
Interest Expense	-10.8	-12.7	-11.5	-0.8	-2.9	-10.9
Interest & Investment Income	2	2.1	1.5	1.7	1.7	2.4
Earnings From Equity Investments	4.5	3.7	4	5.1	7.5	4
Currency Exchange Gain (Loss)	2.7	1.6	-1.8	-2	-1.6	1.3
Other Non Operating Income (Expenses)	-	-	-	-	0.5	-0.2
EBT Excluding Unusual Items	60.7	60.4	-0.9	16.3	66.9	65
Merger & Restructuring Charges	-0.7	-	-	-	-	-
Impairment of Goodwill	-	-	-	-49.5	-	-
Gain (Loss) on Sale of Investments	-	-	-	2	-	-21.2
Legal Settlements	-	-	-	-	-0.8	-
Other Unusual Items	-	-	-	-	-0.1	-
Pretax Income	60	60.4	-0.9	-31.2	66	43.8
Income Tax Expense	18	18.6	2.2	3.7	21.1	15
Earnings From Continuing Operations	42	41.8	-3.1	-34.9	44.9	28.8
Minority Interest in Earnings	-5.3	-5.1	0.3	0.3	-	-
Net Income	36.7	36.7	-2.8	-34.6	44.9	28.8
Net Income to Common	36.7	36.7	-2.8	-34.6	44.9	28.8
Net Income Growth	108.52%	-	-	-	55.90%	-59.83%
Shares Outstanding (Basic)	71	71	71	71	71	64
Shares Outstanding (Diluted)	71	71	71	71	71	64
Shares Change (YoY)	0.39%	0.37%	0.14%	-0.59%	11.64%	0.29%
EPS (Basic)	0.52	0.52	-0.04	-0.49	0.64	0.45
EPS (Diluted)	0.52	0.52	-0.04	-0.49	0.63	0.45
EPS Growth	108.17%	-	-	-	40.00%	-60.18%
Free Cash Flow	25	61.2	-20.6	-26	-26.4	11.6
Free Cash Flow Per Share	0.35	0.86	-0.29	-0.37	-0.37	0.18
Dividend Per Share	-	-	-	-	-	0.210
Dividend Growth	-	-	-	-	-	133.33%
Gross Margin	11.01%	12.35%	8.73%	8.59%	13.96%	14.45%
Operating Margin	4.47%	5.32%	0.72%	1.18%	6.92%	7.93%
Profit Margin	2.63%	2.97%	-0.29%	-3.31%	5.04%	3.34%
Free Cash Flow Margin	1.80%	4.96%	-2.16%	-2.49%	-2.96%	1.34%
EBITDA	100.3	103.4	39.7	37.1	82.1	86.5
EBITDA Margin	7.20%	8.38%	4.16%	3.55%	9.21%	10.03%
D&A For EBITDA	38	37.7	32.8	24.8	20.4	18.1
EBIT	62.3	65.7	6.9	12.3	61.7	68.4
EBIT Margin	4.47%	5.32%	0.72%	1.18%	6.92%	7.93%
Effective Tax Rate	30.00%	30.80%	-	-	31.97%	34.25%
Advertising Expenses	-	-	-	-	-	0.4

Updated Jun 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q