InvestorsHub Logo
Followers 112
Posts 4708
Boards Moderated 0
Alias Born 02/20/2012

Re: None

Wednesday, 08/09/2017 10:16:19 PM

Wednesday, August 09, 2017 10:16:19 PM

Post# of 275587
$LUVU Brands based in Atlanta GA...Don't think this will be a nickle stock for long. I bought a little til I could dig in the dd and have
add some along the way.

http://www.luvubrands.com/our-company/
https://www.otcmarkets.com/stock/LUVU/profile

FY ending June 30/17, 10k ER due Sept/17

From Q3
Operating highlights for the nine months ended March 31, 2017:
Net sales increased 2.8% to a record $13.3 million for the nine months ended March 31, 2017, as compared to $12.9 million for the comparable prior-year period.
Gross margin increased to 29.1% for the nine months ended March 31, 2017, an improvement from the 25.4% gross margin for the nine months ended March 31, 2016.
Total gross profit increased 18% to $3.9 million, as compared to $3.3 million for the comparable prior-year period.
Net income increased to $334,000 during the nine months ended March 31, 2017, as compared to a net loss of ($157,000) for the comparable prior-year period.
EBITDA, as adjusted, increased to $914,000 for the first nine months of fiscal 2017, as compared to $383,000 in the comparable period of fiscal 2016.
Louis Friedman, Chairman and Chief Executive Officer, commented, "We are pleased with the improved operating performance of the Company, despite the decrease in sales during the quarter. As we previously announced, we are focusing more on sales of our manufactured products and less on lower margin distributed products. As a result, our gross profit margin during the three months ended March, 31, 2017 increased to 33.5% from 24.1% in the same period last year. The production improvements that we made during calendar year 2016 and earlier in the third quarter are also yielding positive results."
Mr. Friedman added, "During the third quarter, net sales of our Jaxx and Avana products (combined) increased by 81%. Unit shipments of Avana products increased 83% during the third quarter to approximately 4,500 units. Unit shipments of Jaxx products increased approximately 40% during the third quarter over last year third quarter. We expect to see continued strong growth for both of these brands during the remainder of calendar 2017."

Luvu Brands, Inc. business update and investors conference call for May 16, 2017.
http://www.luvubrands.com/portfolio-item/luvu-brands-3rd-qtr-earnings-conference-call/

As of May 12, 2017 there were 73,452,596 shares of the registrant’s common stock outstanding.
https://www.otcmarkets.com/stock/LUVU/news/Luvu-Brands-Announces-Fiscal-2017-Third-Quarter-Results?id=159087&b=y

Full SEC Filing
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12067081

April 26,2017
$LUVU Brands...2017 Current Investors Handout....
https://www.sec.gov/Archives/edgar/data/1374567/000101738617000066/exhibit_99-1.pdf

WEBSITES
http://www.luvubrands.com/internet-and-retail-distribution/
https://twitter.com/luvu_brands

https://www.jaxxbeanbags.com
https://twitter.com/jaxxbeanbags

https://www.avanacomfort.com
https://twitter.com/AvanaComfort

Sites below my not be suitable for work or children.
https://www.liberator.com
https://twitter.com/liberator

1c

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.