Company News, Financial News

Mav Beauty Reports $2.1 Million Decline in Total Revenue in Q3 Results

The global personal care company reported total revenue was $22.0 million for the three and nine months ended September 30, 2022 versus $24.1 million in Q3 2021

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By: Lianna Albrizio

Associate Editor

Mav Beauty Brands Inc. reported a $2.1 million decline in total revenue for Q3 compared to prior-year period.   According to the company, total revenue for the global personal care company was $22.0 million for the three and nine months ended September 30, 2022 versus $24.1 million in Q3 2021.   Mav Beauty Brands Inc.’s adjusted EBITDA increased to $3.3 million versus $3.1 million in Q3 2021.   The company also reported a net loss of $93.5 million, including non-cash impa...

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