Mama`s Creations Inc (NAS:MAMA)
$ 7.8601 -0.1599 (-1.99%) Market Cap: 295.36 Mil Enterprise Value: 303.55 Mil PE Ratio: 65.50 PB Ratio: 13.10 GF Score: 67/100

Q4 2023 MamaMancini's Holdings Inc Earnings Call Transcript

Apr 26, 2023 / 08:30PM GMT
Release Date Price: $1.88 (+1.08%)
Operator

Greetings, and welcome to MamaMancini's Fourth Quarter and Fiscal 2023 Earnings Conference Call. (Operator Instructions) As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Adam Michaels, Chairman and Chief Executive Officer. Thank you, sir. You may begin.

Adam L. Michaels;s Holdings
MamaMancini;Inc. - CEO & Chairman

' -

Thank you, operator, and thank you to everyone for joining us today. I'd like to welcome you to our fourth quarter fiscal 2023 financial results conference call.

Throughout the second half of fiscal '23, we continued to execute our [3C] strategy delivering another strong quarter on our sustainable path to profitability, further building the foundations for a national deli solutions company. In the fourth quarter, we saw significant increases in margins and sustained growth and profitability. 68% sequential growth in net income to $1.8 million in the fourth quarter to be exact. We continue to execute on our goal of accelerating and expanding our existing

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