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Nellson Nutraceutical posts $1.74 million in EBITDA for Oct. 2-Nov. 5
By Caroline Salls
Pittsburgh, Nov. 27 - Nellson Nutraceutical Inc. posted EBITDA of $1.74 million for the period of Oct. 2 to Nov. 5 on $11.97 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 Sept. 4 to Oct. 1, the company posted $708,000 in EBITDA on $9 million in sales.
The net operating profit for the latest period was $1.18 million, up from a $297,000 net operating profit for the previous month.
The net loss for Oct. 2 to Nov. 5 was $4.59 million, up slightly from a $4.41 million net loss for Sept. 4 to Oct. 1.
Cash and marketable securities on Nov. 5 were $24.69 million, compared with $17.06 million on Oct. 1.
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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