Iconic Brands, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
April 13, 2021 at 10:23 am
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Iconic Brands, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was USD 2.848 million compared to USD 1.210 million a year ago. Operating loss was USD 3.198 million compared to USD 3.331 million a year ago. Net loss was USD 3.571 million compared to USD 3.953 million a year ago. Basic loss per share was USD 0.22 compared to USD 0.37 a year ago. Basic loss per share from continuing operations was USD 0.22 compared to USD 0.27 a year ago.
Iconic Brands, Inc. is engaged in the development and sale of alcohol and non-alcohol brands. The Company's brand, Bellissima is a premium collection of Prosecco, Sparkling Wines, and Still Wines, which are all vegan and made with organic grapes. The Bellissima line of Prosecco and Sparkling Wines includes two new flavor profiles, a Zero Sugar/Zero Carb Sparkling Rose and a Rose Prosecco. Bellissima Zero Sugar Still Wines are vegan and are made with organic grapes. Its Bella Sprizz Aperitifs comprise a line of aperitifs consisting of three different expressions, a classic Italian aperitif, an all-natural elderflower aperitif and a classic Italian bitter. Its BiVi Vodka is sold under the brand name BiVi 100 percent Sicilian Vodka. The Company's ready-to-freeze and ready-to-drink alcohol and non-alcohol products are produced under contract for third-party national and regional brands and for its own product line.
ICONIC BRANDS, INC. 
