Benzinga | Jan 19, 2021 08:47AM EST

Ocean Bio-Chem Q4 Net Sales ~$12.9M, FY20 Sales $55.6M

FORT LAUDERDALE, Fla., Jan. 19, 2021 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ:OBCI) announced today record net sales for both the fourth quarter and the full year 2020. For the fourth quarter of 2020, net sales were approximately $12.9 million, compared to approximately $9.7 million for the fourth quarter of 2019, an increase of approximately 32% or $3.2 million.

For the full year 2020, net sales were approximately $55.6 million, compared to approximately $42.3 million for the full year 2019, an increase of also approximately 32% or $13.3 million.