secwatch.observer — SEC 8-K summary
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Issuer:     Luvu Brands, Inc. (LUVU)
CIK:        0001374567
Form:       8-K
Filed at:   2021-11-15T23:59:59+00:00
Accession:  0001654954-21-012149
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Luvu Brands Q1 revenue up 16% to $6.2M record; net income falls to $227k on margin pressure
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1374567/000165495421012149/0001654954-21-012149-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1374567/000165495421012149/luvu_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-21-012149

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