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.
Any comments?
MF newsletter said this about BUBS "For the six months ended...
Add to My Watchlist
What is My Watchlist?
