Nightfood Holdings, Inc. Reports Earnings Results for the Third Quarter Ended March 31, 2021
May 18, 2021 at 06:23 am
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NightFood Holdings, Inc. announced earnings results for the third quarter ended March 31, 2021. For the third quarter, the company announced sales was USD 96,726 compared to USD 119,475 a year ago. Operating loss was USD 391,240 compared to USD 867,427 a year ago. Net loss was USD 1.939 million compared to USD 1.091 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.02 a year ago. For the nine months, sales was USD 270,919 compared to USD 227,257 a year ago. Operating loss was USD 1.389 million compared to USD 1.960 million a year ago. Net loss was USD 3.453 million compared to USD 2.742 million a year ago. Basic loss per share from continuing operations was USD 0.05 compared to USD 0.05 a year ago.
Nightfood Holdings, Inc. is engaged in manufacturing and distributing snack products specifically formulated for nighttime snacking to help consumers satisfy nighttime cravings in a healthier and sleep-friendly way. The Company's operations are conducted by its two subsidiaries: Nightfood, Inc. (Nightfood) and MJ Munchies, Inc. (Munchies). Nightfood is in the business of manufacturing, marketing and distributing snacks specially formulated and promoted for evening consumption. Nightfood is formulated with tryptophan, vitamin B6, calcium, magnesium, and zinc, protein and prebiotic fiber. Nightfood ice cream is available in nine flavors, such as Full Moon Vanilla, Midnight Chocolate, Cold Brew Decaf, After Dinner Mint Chip, Milk & Cookie Dough, Cherry Eclipse, Bed and Breakfast, and others. Munchies has built an intellectual property portfolio that includes protection regarding the use of the Half-Baked mark in the State of California relating to certain cannabis-related products.
NIGHTFOOD HOLDINGS, INC. 
