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Published on 8/9/2023 in the Prospect News Distressed Debt Daily.

iMedia Brands reports $831,135 net loss for June

By Sarah Lizee

Olympia, Wash., Aug. 9 – iMedia Brands, Inc. reported an $831,135 net loss on $873,130 of gross income/sales for June, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

The cash balance at the end of the month was $4.99 million.

iMedia Brands is an interactive media company based in Eden Prairie, Minn. The company filed bankruptcy on June 28 under Chapter 11 case number 23-10852.


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