Westrock Coffee Co

For the period ended Mar 31, 2025. Filed May 8, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 8, 2025

WEST$8.79-2.2%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Balance Sheets


(Thousands, except par value)	March 31, 2025		December 31, 2024
ASSETS
Cash and cash equivalents		$33,052		$26,151
Restricted cash		8,984		9,413
Accounts receivable, net of allowance for credit losses of $1,808 and $3,995, respectively		83,429		99,566
Inventories		187,383		163,323
Derivative assets		26,573		19,746
Prepaid expenses and other current assets		24,399		15,444
Total current assets		363,820		333,643

Property, plant and equipment, net		476,270		467,011
Goodwill		116,111		116,111
Intangible assets, net		112,853		114,879
Operating lease right-of-use assets		62,802		63,380
Other long-term assets		6,848		6,756
Total Assets		$1,138,704		$1,101,780

LIABILITIES, CONVERTIBLE PREFERRED SHARES AND SHAREHOLDERS' EQUITY
Current maturities of long-term debt		$15,062		$14,057
Short-term debt		58,790		54,659
Accounts payable		67,325		84,255
Supply chain finance program		95,363		78,838
Derivative liabilities		12,395		11,966
Accrued expenses and other current liabilities		60,527		34,095
Total current liabilities		309,462		277,870

Long-term debt, net		356,625		325,880
Convertible notes payable - related party, net		49,723		49,706
Deferred income taxes		16,767		14,954
Operating lease liabilities		59,605		60,692
Other long-term liabilities		1,347		1,346
Total liabilities		793,529		730,448

Commitments and contingencies (Note 19)

Series A Convertible Preferred Shares, $0.01 par value, 24,000 shares authorized, 23,511 shares and 23,511 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively, $11.50 liquidation value		273,764		273,850

Shareholders' Equity
Preferred stock, $0.01 par value, 26,000 shares authorized, no shares issued and outstanding		—		—
Common stock, $0.01 par value, 300,000 shares authorized, 94,622 shares and 94,221 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively		946		942
Additional paid-in-capital		521,742		519,878
Accumulated deficit		(470,140)		(442,922)
Accumulated other comprehensive income		18,863		19,584
Total shareholders' equity		71,411		97,482

Total Liabilities, Convertible Preferred Shares and Shareholders' Equity		$1,138,704		$1,101,780

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.