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INTEGRATED BIOPHARMA INC

For the period ended Dec 31, 2023. Filed Feb 12, 2024.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Dec 31, 2023 · Filed Feb 12, 2024

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Item 1A. Risk Factors

Inflation and tightened labor markets could have a negative impact on our financial results.

We are currently experiencing negative impacts on our margins due to inflation and tightened labor markets. We may not be able to timely increase our selling prices to our customers resulting from price increases from our suppliers due to various economic factors, including inflation, labor and shipping costs and our own increases in shipping, labor and other operating costs. Our results of operations may also be affected by economic conditions, including inflationary pressures, that can impact consumer disposable income levels and spending habits, thereby reducing the orders we may receive from our significant customers.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.