Integrated Biopharma, Inc. Reports Earnings Results for the Fourth Quarter Ended June 30, 2021
September 02, 2021 at 02:40 pm
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Integrated BioPharma, Inc. announced earnings results for the fourth quarter ended June 30, 2021. For the fourth quarter, the company announced sales was USD 17.058 million compared to USD 13.535 million a year ago. Operating income was USD 1.312 million compared to USD 618,000 a year ago. Net income was USD 4.507 million compared to USD 1.901 million a year ago. Basic earnings per share from continuing operations was USD 0.15 compared to USD 0.06 a year ago. Diluted earnings per share from continuing operations was USD 0.14 compared to USD 0.06 a year ago.
For the full year, sales was USD 63.559 million compared to USD 52.769 million a year ago. Operating income was USD 5.784 million compared to USD 3.259 million a year ago. Net income was USD 8.013 million compared to USD 4.108 million a year ago. Basic earnings per share from continuing operations was USD 0.27 compared to USD 0.14 a year ago. Diluted earnings per share from continuing operations was USD 0.25 compared to USD 0.13 a year ago.
Integrated Biopharma Inc. is engaged primarily in manufacturing, distributing, marketing and sales of vitamins, nutritional supplements, and herbal products. The Companyâs business segments include Contract Manufacturing operated by Manhattan Drug Company, Inc. (MDC), which manufactures vitamins and nutritional supplements for sale to distributors, multilevel marketers and specialized health-care providers; and Other Nutraceutical Businesses, which includes the operations of AgroLabs, Inc. (AgroLabs), The Vitamin Factory (the Vitamin Factory), IHT Health Products, Inc. (IHT), MDC Warehousing and Distribution, Inc., and Chem International, Inc. AgroLabs distributes healthful nutritional products for sale through mass market, grocery and drug and vitamin retailers under the brands: Peaceful Sleep, and Wheatgrass and other products. IHT is a distributor of fine natural botanicals, including multi-minerals produced under a license agreement. Chem is a distributor of raw materials.
INTEGRATED BIOPHARMA, INC. 
