secwatch.observer — SEC 8-K summary
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Issuer:     Luvu Brands, Inc. (LUVU)
CIK:        0001374567
Form:       8-K
Filed at:   2021-09-28T23:59:59+00:00
Accession:  0001654954-21-010477
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Luvu Brands reports record full-year net sales $23.1M, net income $2.6M
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- Full-year net sales $23.1M (+26% YoY); record Q4 sales $5.8M (+7% YoY).
- Full-year net income $2.6M ($0.03/diluted share) vs $860K in fiscal 2020.
- Q4 net income $300K ($0.00/share) vs $796K in prior-year quarter; gross margin down to 26% from 33% due to cost increases.
- Adjusted EBITDA $3.173M for year, up from $1.622M in prior year.
- Cash $1.0M at June 30, 2021; $1.1M gain on PPP loan forgiveness included in other income.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1374567/000165495421010477/0001654954-21-010477-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1374567/000165495421010477/luvu_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-21-010477

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