Cryo-Cell reports FY2021 revenue $28.9M (-7% YoY), net income $2.1M (-42% YoY)

CRYO CELL INTERNATIONAL INC

Revenue $28.9M, down 7% from $31.1M; processing/storage fees $28.4M vs $29.5M.
Net income $2.1M ($0.26 basic EPS) vs $3.6M ($0.48 basic EPS) in FY2020.
Public banking revenue fell to $376K from $727K; no licensee income vs $630K prior year.
Recorded $1.2M public bank inventory impairment and $782K gain on contingent consideration.
SG&A increased 2% while cost of sales decreased 7% YoY.

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