U-Swirl, Inc. Announces Unaudited Earnings Results for Third Quarter and Nine Months Ended November 30, 2014
January 13, 2015 at 06:30 pm IST
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U-Swirl, Inc. announced unaudited earnings results for third quarter and nine months ended November 30, 2014. For the quarter, the company reported total revenues of $1,429,000, loss from operations of $8,000, loss before income taxes of $12,000, net loss of $12,000 non-GAAP, adjusted ebitda of $99,000 compared to the total revenues of $1,039,000, loss from operations of $204,000, loss before income taxes of $198,000, net loss of $198,000 or $0.01 per basic and diluted share, non-GAAP, adjusted LBITDA of $131,000 for the same quarter a year ago.
For the nine months period, the company reported total revenues of $6,422,000, income from operations of $465,000, income before income taxes of $451,000, net income of $451,000 or $0.02 per basic and diluted share, non-GAAP, adjusted EBITDA of $1,480,000 compared to the total revenues of $4,449,000, income from operations of $151,000, income before income taxes of $130,000, net income of $130,000 or $0.01 per basic and diluted share, non-GAAP, adjusted EBITDA of $477,000 for the same period a year ago.
U-Swirl, Inc. is engaged in providing frozen yogurt. The Company offers U-Swirl Frozen Yogurt concept, which offers guests with a choice in frozen yogurt by providing an assortment of non-fat and low-fat flavors, including tart, traditional and no sugar-added (NSA) options and various toppings, including seasonal fresh fruit, sauces, candy and granola. The Company offers a menu to search for flavors, sort columns, and check nutritional information and ingredients. The Company offers Nonfat Frozen Yogurt, Original Tart Frozen Yogurt, Greek Nonfat Frozen Yogurt, Lowfat Frozen Yogurt, Premium Frozen Yogurt, NSA Frozen Yogurt, Frozen Custard and Non-Dairy Sorbet. As of August 31, 2015, the Company had nine Company-owned cafes and 243 franchised cafes. The Company's U-Swirl-n-Go Store franchises are limited-product stores within non-traditional locations, such as convenience stores, airports, hotels and other mass gathering areas. The Company's subsidiary is U-Swirl International, Inc.
U-SWIRL, INC. 