Iconic Brands Reports Record Revenues for its Third Quarter 2021 Financial Results
AMITYVILLE, NY, Nov. 23, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Iconic Brands, Inc. (OTCQB: ICNB) (“Iconic” or the “Company”) today reported its financial results for the third quarter ended September 30, 2021. Iconic, together with its wholly owned subsidiary TopPop LLC (“TopPop”), establishes and supports brands, innovates, produces, licenses, packages and sells alcohol and non-alcohol beverages and creates sustainable packaging solutions for the consumable goods market.
- Gross profit was $695,000, an increase of 57% year-over-year as compared to gross profit for the same period in 2020.
- TopPop manufactured approximately 36 million ice popsduring the nine-month period ending September 30, 2021, up from 10 million for the fiscal year ended 2020.
- Bellissima has been a stable of Iconic and has had success in the health and wellness side of alcohol branding.
- We believe that Iconic has substantial growth potential and we are constantly looking at ways to enhance shareholder value.