earnings
confidence high
sentiment negative
materiality 0.70
Luvu Brands Q1 revenue up 16% to $6.2M record; net income falls to $227k on margin pressure
Luvu Brands, Inc.
2021-Q1 EPS reported
$0.00
revenue$6,224,000
- Net sales $6.2M (record Q1), up 16% YoY; gross margin shrank to 24% from 28%.
- Net income $227k ($0.00 EPS) vs $329k ($0.00 EPS) in prior-year quarter.
- Adjusted EBITDA $398k, down from $494k; operating expenses rose 12% to $1.176M.
- Liberator segment sales jumped 36% to $2.7M; Avana fell 23% to $744k.
- Q2 fiscal 2022 revenue guidance: $6.4–6.6M, implying ~15% YoY growth at midpoint.