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Last Trade
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Last Trade:
$4.51
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Change:
-0.06 (-1.31%)
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Trade Time:
Dec 13
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Market Cap:
$310.63M
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Description of Business
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We are engaged in the development, marketing, sale and distribution of
"functional" calorie-burning fitness beverages under the Celsius® brand name.
According to multiple clinical studies we funded, a single serving of Celsius®
burns 100 to 140 calories by increasing a consumer's resting metabolism an
average of 12% and providing sustained energy for up to a three-hour period. Our
exercise focused studies show Celsius delivers additional benefits when consumed
prior to exercise. The studies show benefits such as increase in fat burn,
increase in lean muscle mass and increased endurance.
We seek to combine nutritional science with mainstream beverages by using our
proprietary thermogenic (calorie-burning) MetaPlus® formulation, while fostering
the goal of healthier everyday refreshment by being as natural as possible
without the artificial preservatives often found in many energy drinks and
sodas.
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