earnings
confidence high
sentiment positive
materiality 0.70
Mama's Creations Q4 revenue $26.7M (+17%); FY net income $6.5M (+184%)
Mama's Creations, Inc.
- Revenue Q4 $26.7M (+17% YoY); FY $103.3M (+11%); gross margin expanded to 29.4% from 20.8%.
- Net income Q4 $1.4M ($0.04 diluted) vs $1.8M ($0.06) prior year (prior had $0.5M tax benefit); FY net income $6.5M ($0.17) up 184%.
- Adjusted EBITDA Q4 $2.9M (+22%); FY $11.7M (+161%); cash from operations FY $11.6M, Q4 $6.7M.
- Cash & equivalents $11.0M, up from $4.4M; debt reduced $3.3M to $8.7M.
- Launched DTC e-commerce, appointed Lynn Blake to board, and attended several trade shows.