Higher charges have hit MamaMancini's second-quarter bottom line resulting in a higher loss for the first half of its financial year.

For the six months ended 31 July, the meatball maker recorded a loss of US$2m compared with a loss of $1.5m last year.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The firm reported an operating loss of $1.6m compared with negative $1.4m on the back of higher operating costs and cost of sales.

Sales increased to $6.1m compared with $4.8m.

MamaMancini's said for the second quarter net losses were higher at $1m compared with $793,300 as a result of a one off legal cost for non-operating financing activities, and an increase in non-operating expenses.

For the second quarter the firm posted an operating loss of $762,900 compared with $766,600.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Sales were 22% higher at $2.7m. The company pointed to the "execution of its expansion strategy". It has sold into approximately 10,500 retail and grocery locations as of 31 July 2015, compared to approximately 8,600 locations at 31 July 2014.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now