MF newsletter said this about BUBS
"For the six months ended December 31, Bubs reported half-year gross sales growth of 92% on the prior corresponding period to $3.72 million. Approximately two-thirds of these sales were derived from its infant formula business.
Things were not as pretty on the bottom line, though.
For the first-half Bubs recorded a loss greater than its sales at $3.85 million. In addition to this, operating cash flows were negative for the half at -$5.6 million." They did not explain which proportion was attributable to the BUB before the merger or after being the consolidated accounts.
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