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MAV Beauty Brands Inc.

11:29 AM EST - MAV Beauty Brands Inc. : Announced its financial results for the three months ended June 30, 2019. Unless otherwise indicated, all amounts are expressed in U.S. dollars. Revenue was $25.2 million for the quarter, up 10.3% over Q2 2018. Adjusted EBITDA was $6.3 million for the quarter, versus $6.7 million in Q2 2018, reflecting additional public company costs. Gross profit margin was 49.0% for the quarter, compared with 42.9% in Q2 2018. Net income was $1.2 million ($0.03 per share), up from a net loss of $3.0 million ($0.21 loss per share) in Q2 2018. MAV Beauty Brands Inc. shares T.MAV are trading down $0.81 at $6.09.