PROC - Procaps Group reports Q4 results
Procaps Group press release (NASDAQ:PROC): Q4 net loss for the three months ended December 31, 2021 was $46.3M, compared to net income of $9.4M for the three months ended December 31, 2020. Revenue of $126.5M (+7.1% Y/Y). Gross profit increased by $7.5M, or 11.1%, to $75.7M for the three months ended December 31, 2021, compared to $68.1M for the three months ended December 31, 2020. Adjusted EBITDA decreased by 1.6% to $42.1M for the three months ended December 31, 2021, compared to $42.7M for the three months ended December 31, 2020, with a 33.2% Adjusted EBITDA margin.
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Procaps Group reports Q4 results