earnings
confidence high
sentiment positive
materiality 0.55
Functional Brands posts Q4 net income of $0.9M vs loss; FY revenue up 0.7% to $6.61M
Functional Brands Inc.
- Q4 revenue $1.50M (-11% YoY); net income $0.9M ($0.01/diluted) vs net loss $0.3M ($(0.08)).
- Full-year revenue $6.61M (+0.7%); net income $0.8M ($0.01) vs net loss $0.6M ($(0.08)).
- Gross margin down 1400 bps in Q4 to 44.9% due to Amazon model shift and hemp exit.
- Launched Tru2u.health digital health platform and new product bundles; partnered with iHerb for international distribution.