We are happy to report another solid month of performance for HYLETE.  Without a doubt, our new investors are greatly assisting in moving the brand forward; and for that we sincerely thank you!

We are pleased to announce our June Financial Highlights as follows (unaudited):

  • June revenue of $720k, +59% to prior year; total Q2 revenue of $2.1 million.
  • Year-to-date revenue of $4.0 million, +31% over prior year and 3% ahead of budget.
  • TTM revenue of $7.9 million tracking towards $10.0 million sales target for FY 2017.
  • Gross profit, operating expenses and EBITDA all within 1% of budget year-to-date.
  • Closing June balance sheet reflects $1.1 million in cash and $1.3 million in net inventory.

Thank you for your continued support!

*The unaudited financial information is preliminary and subject to potential adjustments.  Adjustments to this financial information may be identified when a review of historic financial statements has been completed in conjunction with our year-end audit, which could result in significant differences from this preliminary unaudited financial information.