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Published on 7/19/2013 in the Prospect News Distressed Debt Daily.

Scooter Store posts negative $3.19 million of adjusted EBITDA for June

By Caroline Salls

Pittsburgh, July 19 - Scooter Store Holdings, Inc. reported negative $3.19 million of adjusted EBITDA for June on $1.54 million of net sales, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

The operating loss for the month was $3.53 million, and the net loss was $4.36 million.

In addition, the company reported $1.36 million of cash and cash equivalents as of June 30.

Scooter Store, a New Braunfels, Texas-based provider of power mobility products, filed for bankruptcy on April 15. Its Chapter 11 case number is 13-10904.


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