iMedia Brands

Nachdem ich die Aktie eine Weile beobachtet hatte, habe ich sie mir ins Depot gepackt. Ich bin sehr gespannt auf die Entwicklung. Gerade auch dieser Titel könnte von der aktuellen Pandemie profitieren.

Second Quarter 2020 Summary & Recent Highlights

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  Net Income was $1.1 million, compared to a net loss of $10.2 million for Q2 prior year.
  
  
• Adjusted EBITDA was $10.7 million, compared to $0.2 million for Q2 prior year.
  
  
• Net sales were $124.5 million, a decline of 5.3% compared to Q2 prior year.
  
  
• Gross margin was 37.2%, an improvement of 90-basis points compared to Q2 prior year.
  

www.globenewswire.com/news-release/2020/...-2020-Results.html

iMedia Brands’ ShopHQ Announces Second Season of Learning to Cook with Shaq
01/26/2021
New Season of Shaquille O’Neal’s Successful Television Franchise Set to Premiere in February 2021

investors.imediabrands.com/news/...ook-with-Shaq/default.aspx

Q4 net loss is expected to be approximately $3.0 million or $(0.23) per basic share, compared to the same prior-year period net loss of $18.4 million or $(2.30) per basic share. Full year 2020 net loss is expected to be $13.5 million or $(1.26) per basic share, compared to a net loss of $56.3 million or $(7.54) per basic share for the same prior-year period.
Q4 adjusted EBITDA is expected to be at least $8.2 million, which is a $17.3 million improvement from the same prior-year period. Full year 2020 adjusted EBITDA is expected to be at least $23.5 million, compared to an $18.4 million adjusted EBITDA loss for the same prior-year period.
On February 5, 2021, the company contributed approximately $3.5 million in inventory to acquire a controlling interest in an online marketplace called TheCloseOut.com. The site offers consumers exclusive and name-brand products at deep discounts. The Company is launching a “Closeout Deals” television program to drive customer growth.
Outlook - For Q1 2021, the Company anticipates reporting adjusted EBITDA of at least $6 million. For the full year 2021, the Company anticipates reporting adjusted EBITDA between $28 million and $32 million.
“Q4 was another strong quarter for us,” said Tim Peterman, CEO of iMedia Brands, “which creates an even stronger foundation for revenue and profit growth in 2021.”

The financial information in this release is preliminary and subject to completion of iMedia’s year-end financial reporting processes and audit. iMedia expects to report its full fourth quarter and fiscal year 2020 financial results in March 2021.

www.imediabrands.com/investors/...rter-2021-results-increases

-> Adjusted EBITDA was $10.1 million, a $3.7 million improvement over the same prior-year period. Year-to-date adjusted EBITDA was $26.5 million, an $11.0 million increase, or 71% improvement, over the same prior-year period and the highest Q3 year-to date adjusted EBITDA in the Company's history.