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Proflt 10.5 Full _VERIFIED_

November 28, 2022

Proflt 10.5 Full _VERIFIED_



 
 
 
 
 
 
 

Proflt 10.5 Full

Companies: Total revenue increased 15%, and adjusted EBITDA increased 26% for the full year for the second quarter of 2022. Total revenue was negatively impacted by supply-chain disruption and to a lesser extent, lower product demand during the pandemic. Adjusted EBITDA was negatively impacted by lower revenue and the timing of certain corporate expenses relative to the second-quarter accounting periods ending in the second quarter of the year.

Our full-year 2020 results included a profit in retail and wholesale, lower than the full-year 2019 results. First, our wholesale segment reported an operating profit of $0.03 per share compared with a profit of $0.07 per share in 2019. Second, our retail segment reported a profit of $0.12 per share compared with a loss of $0.08 per share in 2019. Third, our net incomes from continuing operations in 2020 included a gain of $0.04 per share after the adverse results were excluded from the first quarter. Fourth, net income from discontinued operations was $0.33 per share compared with a loss of $0.10 per share in 2019. The net income is a measure of performance calculated as our continuing operations net income before net investment losses and deferred tax assets. We are focused on growing the strength of the company and building a stronger and more sustainable business, while achieving our mission of making play a more fun, social and connected place for families.

Our full-year 2020 results included a loss in both retail and wholesale, lower than the full-year 2019 results. First, our wholesale segment reported an operating profit of $0.11 per share compared with a profit of $0.05 per share in 2019, lower than the previous full-year performance. Second, our retail segment reported a profit of $0.06 per share compared with a loss of $0.

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