Jan. 5 at 5:14 PM
$BNED This all seemed postive to me on the 23rd, but in case you missed it
Full-year revenue in fiscal 2025 was
$1.6 billion, an increase of
$43.0 million, or 2.7%, over the prior year
Gross Comparable Store Sales increased by
$117.2 million, or 7.5%, year-over-year.
Revenues from BNC First Day programs increased by
$119.9 million, or 25.3%, year-over-year,
Full-year fiscal 2025 net loss from continuing operations was
$65.8 million compared to a net loss of
$75.0 million (as restated) in the prior year. 2025 net loss includes a
$55.2 million non-cash loss related to the extinguishment of debt (so cash loss was only 13.6 compared to 75 million year prior)
Net debt decreased almost 50% year over year
net working capital position improved to a positive
$186.2 million from
$46.1 million last year, while outstanding short-term payables, accrued liabilities, and current operating lease liabilities decreased by
$195.5 million from last year.
Any negatives in there? Growing start up!
$IMMR