Mission Produce, Inc.AVO
What Mission Produce, Inc. does.
Mission Produce, Inc. together with its consolidated subsidiaries (“Mission Produce” or the “Company,” “Registrant,” or “Issuer,” and generally referred to as “we” or “us”), is a global leader in the avocado industry. The Company’s expertise lies in the farming, packaging, marketing and distribution of avocados to food retailers, distributors and produce wholesalers worldwide. The Company procures avocados principally from California, Mexico and Peru. Through our various operating facilities, we grow, sort, pack, bag and ripen avocados and a small amount of other fruits for distribution to domestic and international markets. We report our results of operations in three operating segments which are also reportable segments:
• Marketing & Distribution sources fruit from growers and then distributes the fruit through our global distribution network;
• International Farming owns and operates orchards from which the vast majority of fruit produced is sold to our Marketing & Distribution segment. The segment’s farming activities range from cultivating early-stage plantings to harvesting from mature trees. It also earns service revenues for packing and processing fruit for both our Blueberries segment, as well as for third-party producers of other crops. Operations are principally located in Peru and Guatemala.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $862.3M | $891.7M | $1.0B | $953.9M | $1.2B | $1.4B |
| Net income | $28.8M | $44.9M | -$34.6M | -$2.8M | $36.7M | $37.7M |
| Free cash flow | $11.6M | -$26.4M | -$26.0M | -$20.6M | $61.2M | $37.2M |
More on AVO.
- Mission Produce, Inc. summary
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- Mission Produce, Inc. earnings
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- Mission Produce, Inc. valuation
- Mission Produce, Inc. ownership and insiders
- Mission Produce, Inc. peers
Figures from Mission Produce, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.