{"id":479070,"date":"2021-04-20T16:09:21","date_gmt":"2021-04-20T20:09:21","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/mamamancinis-reports-record-fourth-quarter-and-fiscal-year-2021-financial-results\/"},"modified":"2021-04-20T16:09:21","modified_gmt":"2021-04-20T20:09:21","slug":"mamamancinis-reports-record-fourth-quarter-and-fiscal-year-2021-financial-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/mamamancinis-reports-record-fourth-quarter-and-fiscal-year-2021-financial-results\/","title":{"rendered":"MamaMancini\u2019s Reports Record Fourth Quarter and Fiscal Year 2021 Financial Results"},"content":{"rendered":"
\n

\n Q4 202<\/em>
\n 1<\/em>
\n Net Income<\/em>
\n Increase<\/em>
\n s<\/em>
\n 311<\/em>
\n % to Record $<\/em>
\n 1.7<\/em>
\n Million<\/em>
\n \n <\/p>\n

\n Record Results <\/em>
\n Driven<\/em>
\n b<\/em>
\n y<\/em>
\n Strong Gross Margin Growth<\/em>
\n and a<\/em>
\n $0.7 <\/em>
\n M<\/em>
\n illion<\/em>
\n Deferred Tax Benefit<\/em>\n <\/p>\n

\n EAST RUTHERFORD, NJ, April 20, 2021 (GLOBE NEWSWIRE) — <\/strong>
\n
\n MamaMancini’s Holdings, Inc.<\/u>
\n <\/a> (OTCQB: MMMB), a marketer of specialty pre-prepared, frozen and refrigerated food products, has reported its financial results for the fourth quarter and fiscal year ended January 31, 2021.<\/p>\n

\n Financial Summary:<\/strong>\n <\/p>\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\n Three Months Ended Jan. 31,<\/strong>\n <\/td>\n\n Fiscal Year Ended Jan. 31<\/strong>
\n ,<\/strong>\n <\/td>\n<\/tr>\n
\n $ in millions<\/em>\n <\/td>\n\u00a0<\/td>\n\n 20<\/strong>
\n 21<\/strong>\n <\/td>\n		\u00a0<\/td>\n\n 20<\/strong>
\n 20<\/strong>\n <\/td>\n		\n % Increase <\/strong>\n <\/td>\n\u00a0<\/td>\n\n 20<\/strong>
\n 21<\/strong>\n <\/td>\n		\u00a0<\/td>\n\n 20<\/strong>
\n 20<\/strong>\n <\/td>\n		\n % Increase <\/strong>\n <\/td>\n<\/tr>\n
\n Revenues<\/strong>\n <\/td>\n$<\/td>\n10.0<\/td>\n$<\/td>\n9.9<\/td>\n1.4<\/td>\n%<\/td>\n$<\/td>\n40.8<\/td>\n$<\/td>\n33.8<\/td>\n20.8<\/td>\n%<\/td>\n<\/tr>\n
\n Gross Profit<\/strong>\n <\/td>\n$<\/td>\n3.3<\/td>\n$<\/td>\n2.9<\/td>\n15.0<\/td>\n%<\/td>\n$<\/td>\n12.7<\/td>\n$<\/td>\n10.0<\/td>\n27.6<\/td>\n%<\/td>\n<\/tr>\n
\n Operating Expense<\/strong>
\n s<\/strong>\n <\/td>\n		$<\/td>\n2.4<\/td>\n$<\/td>\n2.2<\/td>\n7.7<\/td>\n%<\/td>\n$<\/td>\n9.3<\/td>\n$<\/td>\n7.9<\/td>\n17.2<\/td>\n%<\/td>\n<\/tr>\n
\n Net <\/strong>
\n Income<\/strong>\n <\/td>\n		$<\/td>\n1.7<\/td>\n$<\/td>\n0.4<\/td>\n311.4<\/td>\n%<\/td>\n$<\/td>\n4.1<\/td>\n$<\/td>\n1.5<\/td>\n165<\/td>\n%<\/td>\n<\/tr>\n
\n Earnings per Share (Diluted)<\/strong>\n <\/td>\n$<\/td>\n0.05<\/td>\n$<\/td>\n0.01<\/td>\n500<\/td>\n%<\/td>\n$<\/td>\n0.12<\/td>\n$<\/td>\n0.04<\/td>\n200<\/td>\n%<\/td>\n<\/tr>\n<\/table>\n

\n Key Fourth Quarter Fiscal 2021 & Subsequent Operational <\/strong>
\n Highlights:<\/strong>\n <\/p>\n