07:07 AM EDT, 03/13/2025 (MT Newswires) -- Swiss Water Decaffeinated Coffee ( SWSSF ) , a specialty coffee company and premium green coffee decaffeinator, overnight Wednesday reported higher fourth-quarter profit.

The company reported net income of $2.0 million for the three months ended Dec. 31, compared with $961,000 a year earlier. Quarterly net income per diluted share was $0.21, compared with $0.10 per diluted share, a year-ago.

Revenue for Q4 increased 19% to $49.2 million compared with Q4 of 2023, beating a consensus estimate compiled by FactSet of $41.4 million.

"The consolidation of our production into our new Delta facility has positioned us for enhanced operational efficiency and sustainable long-term growth," said Swiss Water Chief Executive Frank Dennis. "In the fourth quarter, we further fortified our financial position by retiring a significant debt obligation to Mill Road Capital LLC, which meaningfully expands our strategic and financial flexibility."

Quarterly volumes were stronger than anticipated but were marginally lower than the prior-year period, which included higher than normal volumes as a backlog of orders which had accumulated during the transition to the company's new facility were processed and shipped.