Luvu Brands Reports FY GAAP EPS of $0.00 and Revenue Growth to $27.36M
Luvu Brands (OTCMKTS:LUVU) reported fiscal year results with a GAAP earnings per share (EPS) of $0.00, indicating no profit for the period. The company's revenue reached $27.36 million in FY 2024, reflecting a modest 5.8% increase compared to the prior year. As of June 30, 2024 (not 2026 as stated), Luvu Brands held cash and cash equivalents totaling $1.20 million, representing a significant rise of 63.2% from the previous fiscal year-end balance of $735,000. The results highlight continued growth in liquidity despite breakeven earnings performance.
Tickers: $LUVU
Topics: cash_balance eps revenue