Scooter Store posts negative $91,879 of adjusted EBITDA for September

By Caroline Salls

Pittsburgh, Nov. 17 – Scooter Store Holdings, Inc. posted negative $91,879 in adjusted EBITDA for September on zero net sales, according to its monthly operating report filed Nov. 17 with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, Scooter Store reported negative $83,941 of adjusted EBITDA for August, also on zero net sales.

The loss from operations and net loss for September were both $91,879, widening from an $83,941 August loss from operations and net loss.

The company also had $1.05 million in cash and cash equivalents as of Sept. 30, down from $1.45 million at the end of August.

Scooter Store, a New Braunfels, Texas-based provider of power mobility products, filed for bankruptcy on April 15, 2013. Its Chapter 11 case number is 13-10904.

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