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Nellson Nutraceutical reports $2.05 million EBITDA for Jan. 1 to Feb. 4
By Caroline Salls
Pittsburgh, Feb. 22 - Nellson Nutraceutical Inc. posted EBITDA of $2.05 million for the period of Jan. 1 to Feb. 4 on $13.61 million in sales, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.
For the period of Dec. 4 to Dec. 31, the company posted EBITDA of $1.24 million on $9.77 million in sales.
The net operating profit for the latest period was $1.53 million, up from a $775,000 net operating profit for the previous month.
The net loss for Jan. 1 to Feb. 4 was $2.52 million, up slightly from a $2.29 million net loss for Dec. 4 to Dec. 31.
Cash and marketable securities on Feb. 4 were $28.18 million, compared with $27.98 million on Dec. 31.
Nellson, an Irwindale, Calif., nutrition bar and powder manufacturer, filed for bankruptcy on Jan. 28, 2006. Its Chapter 11 case number is 06-10072.
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