Nightfood Holdings, Inc. Reports Earnings Results for the Full Year Ended June 30, 2021
October 13, 2021 at 05:02 pm EDT
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NightFood Holdings, Inc. announced earnings results for the full year ended June 30, 2021. For the full year, the company announced sales was USD 701,246 compared to USD 241,673 a year ago. Operating loss was USD 2.509 million compared to USD 2.723 million a year ago. Net loss was USD 3.479 million compared to USD 4.412 million a year ago. Basic loss per share from continuing operations was USD 0.11 compared to USD 0.08 a year ago.
Nightfood Holdings, Inc. is a holding company focused on identifying and exploiting market trends within the hospitality, food services, and consumer goods sectors. The Company's operations are conducted by its two subsidiaries: Nightfood, Inc. (Nightfood) and Future Hospitality Ventures Holdings, Inc. (Future Hospitality). Nightfood is a nighttime snack company, which is engaged in the business of manufacturing, marketing and distributing snacks specially formulated and promoted for evening consumption. The Nightfood brand includes sleep-friendly versions of the nighttime snack formats. In addition to ice cream pints, its products include cookies, chips, ice cream sandwiches, candy, and nutrition bars. It is focused on offering two flavors in ice cream, Midnight Chocolate and Cookies n' Dreams. Future Hospitality is a provider of robotics and automation solutions to the hospitality and food service industries. It provides artificial intelligence (AI) enabled robotic solutions.