secwatch.observer — SEC 8-K summary
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Issuer:     Luvu Brands, Inc. (LUVU)
CIK:        0001374567
Form:       8-K
Filed at:   2022-05-16T23:59:59+00:00
Accession:  0001654954-22-006900
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Luvu Brands reports record Q3 net sales of $6.8M (+9% YoY); net income flat at $452K
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- Net sales $6.8M record, up 9% from $6.2M; Liberator +15% to $3.3M, Jaxx +29% to $1.9M, Avana -27% to $735K.
- Gross profit $1.8M (27% margin, down from 28%) due to higher labor, raw materials, and transportation costs.
- Net income $452K ($0.01/share) vs $469K ($0.01) prior year; Adjusted EBITDA $616K vs $621K.
- Nine-month net sales $20.2M (+17%), net income $846K ($0.01) vs $2.3M ($0.03) prior year; adjusted EBITDA $1.3M vs $2.7M.
- Guidance: Q4 fiscal 2022 revenue expected >$6M, representing 15% YoY growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1374567/000165495422006900/0001654954-22-006900-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1374567/000165495422006900/luvu_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-22-006900

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