Luvu Brands, Inc. — fact timeline

Luvu Brands, Inc. reported the third fiscal quarter ended March 31, 2026 results: revenue $6.55 million, net income $174,000.

“while maintaining our commitment to product quality and customer experience.” Strong Revenue Performance Net sales for the three months ended March 31, 2026, increased 12.0% to $6.55 million, compared to $5.85 million in the prior‐year period. Key product categories and channels drove improved demand results and expanded our customer base. For the nine‐month period,”

Luvu Brands, Inc. reported financial results for third fiscal quarter and nine months ended March 31, 2024.

“On May 15, 2024, Luvu Brands, Inc. (the “Company”) issued a press release announcing its financial results for the third fiscal quarter and nine months ended March 31, 2024”

Chris Knauf was appointed as Chief Financial Officer and Controller at Luvu Brands, Inc..

“On January 15, 2024, the Company engaged Chris Knauf to serve as Chief Financial Officer and Controller of the Company commencing on the Effective Date.”

Martin Scott departed as Chief Financial Officer at Luvu Brands, Inc..

“notified Martin Scott, Chief Financial Officer of the Company, that the Company would retain a full time on site Chief Financial Officer effective following the filing of the Company’s Form 10-Q Quarterly Report for the period ended December 31, 2023 (the “Effective Date”) and Mr. Scott would no longer serve as an employee or executive officer of the Company following the Effective Date.”

Martin Scott was appointed as Chief Financial Officer at Luvu Brands, Inc..

“Effective September 1, 2023, the Company appointed Martin Scott as Chief Financial Officer of the Company.”

Alexander A. Sannikov resigned as Chief Financial Officer at Luvu Brands, Inc..

“On September 1, 2023, Alexander A. Sannikov, Chief Financial Officer of Luvu Brands, Inc. (the “Company”), notified the Company of his intention to resign from his position as Chief Financial Officer and remain a consultant of the Company.”

Luvu Brands, Inc. reported the third fiscal quarter ended March 31, 2023 results: revenue $6.9 million, net income $0.3 million, or $0.00 per share, EPS $0.00 per share.

“PRESS RELEASE luvu_ex991.htm EXHIBIT 99.1 Luvu Brands Reports Fiscal 2023 Third Quarter and Nine Month Results and Announces Conference Call Reports Record Q3 Net Sales of $6.9 million Atlanta, Georgia , May 23, 2023 – Luvu Brands, Inc. (OTCQB: LUVU), a designer, manufacturer and marketer of a portfolio of consumer lifestyle brands, yesterday reported financial”

Luvu Brands, Inc. reported six months ended December 31, 2022 results: revenue $16.2 million, net income $1.2 million, EPS $0.02 per share.

“· Net sales increased 20.8% to a record $16.2 million. · Total gross profit of $4.2 million, an increase from prior year’s $3.1 million. · Gross profit as a percentage of net sales of 26.1% compared to 22.9% in the prior year. · Operating expenses were $2.8 million compared to $2.5 million in fiscal 2022. · Net income was $1.2 million, or $0.02 per share, compared to net income of $0.4 million, or $0.01 per share, in fiscal 2022.”

Luvu Brands, Inc. reported second fiscal quarter ended December 31, 2022 results: revenue $8.1 million, net income $0.7 million, EPS $0.01 per share.

“· Net sales increased 13.2% to a record $8.1 million. · Total gross profit of $2.3 million, an increase from prior year’s $1.6 million. · Gross profit as a percentage of net sales of 27.8% compared to 21.9% in the prior year. · Operating expenses were $1.5 million compared to $1.3 million in fiscal 2022. · Net income was $0.7 million, or $0.01 per share, compared to net income of $0.2 million, or $0.00 per share, in fiscal 2022.”

Luvu Brands, Inc. reported fiscal first quarter ended September 30, 2022 results: revenue $8.1 million, net income $0.5 million, EPS $0.01 per share.

“Net sales increased 29.5% to a record $8.1 million. · Total gross profit of $2.0 million, an increase from prior year’s $1.5 million. · Gross profit as a percentage of net sales of 24.5% compared to 24.1% in the prior year. · Operating expenses were $1.4 million compared to $1.2 million in fiscal 2022. · Net income was $0.5 million, or $0.01 per share, compared to net income of $0.2 million, or $0.00 per share, in 2022.”

Luvu Brands, Inc. engaged Assurance Dimensions as its auditor.

“On October 31, 2022, the Board of Directors of the Company approved the engagement of Assurance Dimensions (“Assurance”) as the Company’s independent registered public accounting firm”

Liggett & Webb P.A. resigned as auditor of Luvu Brands, Inc..

“On October 31, 2022, Liggett & Webb P.A. (“L&W”) resigned as the independent auditors of Luvu Brands, Inc.”

Ronald P. Scott resigned as Chief Financial Officer and Secretary at Luvu Brands, Inc..

“Ronald P. Scott, age 67, the Company’s current Chief Financial Officer and Secretary and member of the board of directors, shall resign, as previously announced, effective on the Effective Date.”

Alexander A. Sannikov was appointed as Chief Financial Officer at Luvu Brands, Inc..

“On April 26, 2022, Luvu Brands, Inc. (the “Company”) appointed Alexander A. Sannikov Chief Financial Officer of the Company, effective April 29, 2022”

Ronald Scott resigned as Chief Financial Officer and Director at Luvu Brands, Inc..

“On March 10, 2022, Ronald Scott, Chief Financial Officer and Director of Luvu Brands, Inc. (the “Company”), notified the Company of his intention to resign from his position as Chief Financial Officer and a member of the Board of Directors, effective May 9, 2022.”

Manuel Munoz changed role as Director, Information Systems at Luvu Brands, Inc..

“On September 13, 2021, Manuel Munoz, Chief Information Officer of Luvu Brands, Inc. (the “Company”), notified the Company of his intention to transition from his executive officer position to a non-executive position with the Company.”